Month: April 2023
Canadian billionaire Steve Apostolopoulos says he’s still in the running with his bid for the Washington Commanders
The saga over Washington’s embattled football team might not be over quite yet. Canadian billionaire Steve Apostolopoulos appeared on CNBC’s Squawk Box on Monday, telling Andrew Ross Sorkin that he’s “still in the hunt” when it comes to purchasing the Washington Commanders. “I want to respect the process, but it is a head-to-head process right […]
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Sen. Wyden asks billionaire Harlan Crow for list of items to Supreme Court docket Justice Thomas
Harlan Crow, chairman and chief government officer of Crow Holdings LLC, sits for a photograph at the Previous Parkland estate offices in Dallas, Texas, on Friday, Oct. 2, 2015. Chris Goodney | Bloomberg | Getty Illustrations or photos Sen. Ron Wyden, D-Ore., on Monday requested GOP megadonor Harlan Crow for a total checklist of gifts […]
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Tucker Carlson leaves Fox News in wake of Dominion defamation settlement
Right-wing primetime host Tucker Carlson is leaving Fox News immediately, the cable network announced Monday. The announcement came days after Fox News’ parent company settled Dominion Voting Systems’ defamation lawsuit for $787.5 million. The company’s hosts were not required to talk about the lawsuit, or make an apology for it, as part of the settlement, […]
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Right here are 3 matters Mohamed El-Erian is viewing out for in earnings this 7 days
In a current market plagued by uncertainty, Mohamed El-Erian is turning to this week’s earnings — from key technology names this kind of as Microsoft and Alphabet , to industrial heavyweights Basic Electric and Standard Motors — for more clarity. “Supplied what we know, and especially what we never know, I wouldn’t bet in opposition […]
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Bed Bath & Beyond vows it can pull off a sale – here’s what that means for shareholders
Bed Bath & Beyond is confident it can offload its names and stores after it declared bankruptcy, but shareholders are expected to be wiped out as its stock plummets. The storied retailer, which declared bankruptcy on Sunday after a series of failed Hail Mary efforts to keep operations running, detailed its descent to insolvency in […]
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Democrats alert significant tech firms could evade competition guidelines below new trade procedures
Sen. Elizabeth Warren, D-Mass., issues Federal Reserve Chairman Jerome Powell in the course of the Senate Banking, Housing, and Urban Affairs Committee hearing titled The Semiannual Monetary Coverage Report to the Congress, in Hart Creating on Tuesday, March 7, 2023. Tom Williams | Cq-roll Simply call, Inc. | Getty Photos If the tech market receives […]
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Social media raises lender run hazard, fueled Silicon Valley Bank’s collapse, paper states
Folks line up outside the house of a Silicon Valley Lender place of work on March 13, 2023 in Santa Clara, California. Justin Sullivan | Getty Photos Following the sudden close of Silicon Valley Lender in March, sector members have been rapid to stage out the role social media played in the velocity of its […]
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Goldman thinks the trade proper now is on China’s economic system and provides 2 U.S. stocks to engage in it
The rebound in China’s economic system generates an prospect for U.S. equity traders who can seize that toughness by picking mining stocks, according to Goldman Sachs. “China financial info has improved,” David Kostin, Goldman’s head of U.S. equity tactic, claimed in a note. “We propose buyers possess mining shares, which are levered to China development […]
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Crypto winter is over — and bitcoin could strike $100,000 by the end of 2024, Normal Chartered claims
Bitcoin, the world’s major cryptocurrency, has been stealthily increasing in 2023. Chris Ratcliffe | Bloomberg | Getty Images Bitcoin’s value could bounce to as a lot as $100,000 by the conclusion of 2024, Standard Chartered stated in a observe released Monday. The collapse of Silicon Valley Lender and other mid-tier U.S. creditors has solidified the […]
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Russia’s foreign minister will come to the United Nations as Moscow faces war crimes accusations
Russian Foreign Minister Sergey Lavrov retains a press convention through the 77th session of the United Nations Basic Assembly (UNGA) at U.N. headquarters on September 24, 2022 in New York Metropolis. Stephanie Keith | Getty Pictures UNITED NATIONS — When Russian Foreign Minister Sergey Lavrov requires the helm of the United Nations Safety Council on Monday it […]
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