Month: July 2024
Kamala Harris has Biden’s endorsement as Democratic nominee. Here are her next steps
U.S. Vice President Kamala Harris waves as she boards Air Force Two to depart on campaign travel to Philadelphia, Pennsylvania, at Joint Base Andrews, Maryland, U.S., July 13, 2024. Kevin Mohatt | Reuters Vice President Kamala Harris on Sunday received President Joe Biden’s endorsement to replace him at the top of the Democratic ticket in […]
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Read President Joe Biden’s letter announcing his decision to drop out of the 2024 race
President Joe Biden on Sunday announced he will not be seeking reelection in the 2024 presidential race and endorsed Vice President Kamala Harris as the Democratic Party’s nominee. “It has been the greatest honor of my life to serve as your President,” Biden, the 46th president of the United States, wrote in a letter to Americans. “And while it […]
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Biden says he is dropping out of presidential race as Democrats prepare to ‘pass the torch’
U.S. President Joe Biden attends a NATO event to commemorate the 75th anniversary of the alliance, in Washington, U.S., July 9, 2024. Yves Herman | Reuters President Joe Biden said Sunday that he will drop out of the 2024 presidential race, a stunning decision that came after weeks of pressure for the 81-year-old Democrat to […]
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Boeing ‘disappointed’ customers but is on the path to ‘transformational change,’ commercial jet CEO says
Boeing 737 MAX aircraft are assembled at the company’s plant in Renton, Washington, U.S. June 25, 2024. Jennifer Buchanan | Via Reuters LONDON — Boeing‘s output of 737 Max planes is showing signs of improvement, the new head of its commercial unit said ahead of a major air show on Sunday, while admitting that the […]
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Secret Service says it denied some Trump requests for more security, walking back previous story
Former US President Donald Trump exits after attending the Republican National Convention (RNC) at the Fiserv Forum in Milwaukee, Wisconsin, US, on Monday, July 15, 2024. Al Drago | Bloomberg | Getty Images The Secret Service denied some of former President Donald Trump’s requests for additional security resources over the past two years, an official […]
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Sen. Joe Manchin calls on Biden to drop out of presidential race
Sen. Joe Manchin, D-W.Va., is seen in the U.S. Capitol on Wednesday, September 6, 2023. Tom Williams | CQ-Roll Call, Inc. | Getty Images Independent Sen. Joe Manchin on Sunday called on President Joe Biden to exit the race against former President Donald Trump. “I came to decision with a heavy heart that I think […]
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Top Wall Street analysts are confident about the potential behind these 3 stocks
The stock market is in a rough patch as of late while investors grapple with macro pressures, upcoming elections and geopolitical tensions. However, investors and their portfolios can hold up in the tumult – if they’re able to ignore the short-term noise and choose stocks with attractive return prospects over the long term. In this […]
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China is doubling down on homegrown tech. Goldman Sachs shares its chip plays
One of the few tangible takeaways from China’s big policy meeting last week is that Beijing is intent on building up domestic tech. From an investment perspective, Goldman Sachs analysts on July 15 pointed out there are notable catalysts for certain semiconductor and artificial intelligence China stock plays from August to December. Those include new […]
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Berkshire has eliminated 10% of outstanding shares as Buffett values the enduring power of buybacks
Berkshire Hathaway has reduced a sizable chuck of share count through buybacks in recent years as Warren Buffett views the repurchase program as an effective way to reward long-term shareholders. Over the past five and a half years (22 quarters), the conglomerate has repurchased nearly $75 billion worth of its common stock, eliminating more than […]
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From Zyn to vapes: Big Tobacco pushes further toward cigarette alternatives. Here’s who could come out on top
If you haven’t been paying attention to tobacco companies, you might not recognize the new landscape. On Tuesday, Philip Morris International announced it would invest $600 million to build a new production facility in Colorado for its popular Zyn oral nicotine pouch. The product went viral on social media earlier this year and is currently […]
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