Politics of the United States & business activity
overview of political matters in the United States of America
Musk and Australia argue over video of knife attack on X: In Sydney, a priest was attacked with a knife during a mass that was broadcast live on the internet ...
nzz.ch/panorama/elon-musk-und-australien-streiten-ob-das-video-einer-messerattacke-auf-der-plattform-x-sichtbar-bleiben-soll-ld.1828128
Fed seen on track for Sept start to US rate cuts: U.S. Federal Reserve policymakers sifting through the latest inflation data will find little to fuel a sense of ...
reuters.com/markets/us/traders-add-bets-september-start-fed-rate-cuts-2024-04-26/
In Kentucky, the oldest Black independent library is still making history: Western Library is the oldest Black library still independently run in the U.S ...
csmonitor.com/The-Culture/2024/0426/kentucky-western-library-black-history-thomas-fountain-blue
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Sequoia commits to backing Elon Musk’s xAI start-up: Venture capital firm is among investors that entrepreneur is wooing as he seeks to gain ground on rivals
ft.com/content/fc8355e6-3219-4681-a4da-73feca50cd8a
Quick Glance: Sequoia backs Elon Musk’s xAI venture
- Sequoia Capital, a well-known venture capital firm in Silicon Valley, has committed to supporting Elon Musk's artificial intelligence start-up xAI to help him raise billions and compete with OpenAI, Meta, and Google.
- The exact amount of Sequoia's investment in xAI remains undisclosed.
- Sequoia, an early investor in Google, YouTube, and Apple, has backed several Musk projects in recent years, including The Boring Company and SpaceX.
Charges against Trump's 2020 'fake electors' are expected to deter a repeat this year
apnews.com/article/fake-electors-trump-2020-arizona-indictments-059a719514b0c6cb56f7d7339e87d0d5
FDA approves Pfizer’s first gene therapy for rare inherited bleeding disorder : The Food and Drug Administration on Friday approved Pfizer’s treatment for a ...
cnbc.com/2024/04/26/fda-approves-pfizer-gene-therapy-beqvez-for-treatment-of-hemophilia-b.html
Yellen says economy performing well, inflation will ebb: Treasury Secretary Janet Yellen said on Thursday that the U.S. economy "continues to perform very ...
reut.rs/3QePZz6
Musk's X says posts of Australia bishop stabbing don't promote violence: Elon Musk's social media platform X defended publishing posts showing a bishop in ...
reut.rs/3UczrZH
College campuses call in police to pro-Palestinian demonstrations: The University of Southern California has canceled its main stage graduation ceremony under ...
apnews.com/article/israel-palestine-war-campus-protests-fbd7dd06431f32d24d0f8abcc8a56b8b
China’s EV supply chain dominance risks ‘collapse’ of US subsidies, warns South Korea
ft.com/content/7a7ba474-7068-46fc-89da-19d87e83f9d3
Quick Glance: South Korea Warns of Collapse of US Subsidies Due to Chinese EV Supply Chain Dominance
- China’s grip on the EV supply chain threatens US subsidies, warns South Korea.
- South Korea warns that China’s control over a crucial battery material will make it nearly impossible for any electric vehicle makers to qualify for President Joe Biden's subsidy scheme.
- The United States announced last week that they will provide up to $6.4 billion in federal subsidies to the South Korean technology giant Samsung Electronics, investing $40 billion in its Texas facilities for cutting-edge logic chips, advanced packaging, and next-generation chip technology research and development.
Federal judge upholds verdict in E. Jean Carroll case and denies Trump’s motion for a new trial
cnn.com/2024/04/25/politics/federal-judge-upholds-e-jean-carroll-verdict/
Quick Glance: Court Rejects Trump's Bid for New Trial Against E. Jean Carroll
- A federal judge rejected former President Donald Trump’s request for a new trial—or to throw out the $83.3 million defamation ruling—against writer E. Jean Carroll, marking the latest legal loss for the former president.
- In the Thursday ruling rejecting the request for a new trial or the judgment to be dismissed, U.S. District Judge Lewis Kaplan said Trump’s argument was “without merit,” made “conspicuously without success” and “defies common sense.”
- Robbie Kaplan, Carroll’s lawyer, told Forbes in a statement they are “pleased with though not surprised by” the court’s decision, adding the award was “entirely reasonable” because of Trump’s continued defamation, “hatred and disdain.”
- In January, a jury determined Trump had to pay Carroll $83.3 million in damages after she accused him of sexual assault. Previously, another jury found Trump liable for sexual assault in the 1990s and subsequent defamation, ordering him to pay $5 million.
David Pecker Testifies About McDougal and Daniels in Trump Hush-Money Trial: Live Updates
nytimes.com/live/2024/04/25/nyregion/trump-hush-money-trial-news
Quick Glance: Trial Judge Evaluates Trump's Compliance with Gag Order
- Former President Trump is on trial in New York for hush money issues. David Pecker from 'National Enquirer' testified about an agreement to manipulate stories about Trump and his rivals.
- Concerns arose about Trump's violation of the gag order by criticizing court members. Mary McCord explained how the administration of justice can be disrupted by defendants' statements, leading to legal restrictions.
- Despite reluctance to detain a former president, fines may be imposed for attacks on witnesses and judicial families. Threats to security and witness testimonies pose serious challenges to the trial's integrity.
- Judges emphasize the importance of upholding justice by addressing threats and ensuring the safety of those involved in legal proceedings. The credibility of the trial hinges on maintaining a fair and secure environment.
Macron Says Inflation Cannot Be Sole Target of Monetary Policy: French President Emmanuel Macron said inflation can no longer be the only target for European ...
bloomberg.com/news/articles/2024-04-25/macron-says-inflation-cannot-be-sole-target-of-monetary-policy
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About 1 in 4 U.S. adults over 50 say they expect to never retire, an AARP study finds
pbs.org/newshour/economy/about-1-in-4-us-adults-over-50-say-they-expect-to-never-retire-an-aarp-study-finds
LISTEN: Justice Kagan grills Trump attorney on what qualifies a former president for immunity
pbs.org/newshour/politics/listen-justice-kagan-grills-trump-attorney-on-what-qualifies-a-former-president-for-immunity
The 3.5 Percent Inflation Plateau: Prices have been rising faster than expected for the past three months. What’s going on?
theatlantic.com/ideas/archive/2024/04/inflation-above-fed-target/678174/
The world has become a much safer place to be a young child in the last 50 years. Since 1974, infant mortality worldwide has plummeted. That year ... Show more
How many lives have vaccines saved? New WHO study comes out with breathtaking estimate. - Vox
How many lives have vaccines saved? New WHO study comes out with breathtaking estimate. - Vox
Health conglomerate Kaiser notifies millions of a data breach: U.S. health conglomerate Kaiser is notifying millions of its members of a data breach earlier this ...
reuters.com/technology/cybersecurity/kaiser-notifies-millions-data-breach-2024-04-25/
U.S. Economy Grew at 1.6% Rate in First Quarter Slowdown: Consumers ensured that growth continued, but the latest data showed signs of vulnerability elsewhere.
nytimes.com/2024/04/25/business/us-economy-gdp-growth.html
Quick Glance: Unlikelihood of Fed Rate Cut Before Elections Disrupts Markets
- Investors cast doubt on a Fed rate cut before September.
- Expectations are now fully priced in for a rate cut on November 6-7.
- The shift in market expectations stemmed from inflation and growth data.
- There is now an estimated 75 percent likelihood of a Fed rate cut by September.
As some universities negotiate with pro-Palestinian protesters, others quickly call the police
pbs.org/newshour/politics/as-some-universities-negotiate-with-pro-palestinian-protesters-others-quickly-call-the-police
US FDA sends warning letter to Cardinal Health for marketing unapproved devices
reut.rs/4bawEqO
Quick Glance: US FDA issues warning to Cardinal Health for marketing unauthorized devices
- Following an inspection of its facility in Illinois, the US health regulatory body issued a warning letter to Cardinal Health for marketing and distributing unauthorized devices from a Chinese manufacturer.
- In 2023, the U.S. Food and Drug Administration advised against using certain syringes manufactured in China due to reports of leaks, breakages, and quality issues, and recently expanded the guidelines.
- Cardinal has not responded to a request for comment from Reuters. The inspection revealed that Cardinal was importing two types of syringes under the Monoject brand.
- These syringes are utilized for injecting or withdrawing fluids from the body, as well as administering fluids or medications through a patient's feeding tube. In November, the agency cautioned healthcare providers and facilities against using Cardinal's Monoject syringes with pain management and syringe pumps.
Arizona grand jury indicts 18 in Trump fake elector plot: The indictment charges Mark Meadows, Rudy Giuliani and other Trump allies with election interference in ...
theweek.com/politics/trump-2020-fake-electors-arizona-meadows-giuliani
Opinion | How a Loss in the Emergency Abortion Case Could Become a Win for Biden: A ruling in the emergency abortion case heard at the high court on Wednesday ...
nytimes.com/2024/04/25/opinion/supreme-court-abortion-biden.html
Quick Glance: Supreme Court Divided on Emergency Abortion Access: Highlights
- The Supreme Court seems divided on access to emergency abortions in states with near-total bans.
- The 1986 Emergency Medical Treatment and Labor Act could impact abortion access in emergencies.
- The debate raises questions about fetal personhood and abortion rights conflict.
- The court's decision could affect abortion access in 14 states with strict abortion bans.
Trading Trump: Truth Social's first month of trading has sent investors on a ride
apnews.com/article/trump-truth-social-stocks-investing-politics-b17e59bc0280cdab29ee42509cf5fa9a
The US economy grew at its slowest pace in nearly two years in Q1, while an acceleration in inflation reinforced expectations that the Federal Reserve would ... Show more
Imports hold back US economy in first quarter, inflation flares up | Reuters
Imports hold back US economy in first quarter, inflation flares up | Reuters
'Buy Bitcoin' sign held behind Janet Yellen in 2017 sold for $1M: The sign, scrawled on a yellow legal pad, was held behind Janet Yellen during a 2017 ...
markets.businessinsider.com/news/currencies/buy-bitcoin-sign-janet-yellen-auction-crypto-btc-cryptocurrency-2024-4
Ex-NSA hacker and ex-Apple researcher launch startup to protect Apple devices: Two veteran security experts are launching a startup that aims to help other ...
techcrunch.com/2024/04/25/ex-nsa-ex-apple-researcher-doubleyou/
Stock Market Today: Dow, S&P Live Updates for April 24: A $250 billion exchange-traded fund tracking the Nasdaq 100 got hit in late hours after Meta Platforms ...
bloomberg.com/news/articles/2024-04-23/stock-market-today-dow-s-p-live-updates
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US Sentences Colombian Designer for Smuggling Bags made of Skin of Protected Species
occrp.org/en/daily/18679-us-sentences-colombian-designer-for-smuggling-bags-made-of-skin-of-protected-species
McKinsey Is Under Criminal Investigation for Its Opioid Work: Federal prosecutors are examining the consulting company’s role in helping “turbocharge” the sale ...
nytimes.com/2024/04/24/business/mckinsey-criminal-investigation.html
Quick Glance: Investigation against McKinsey in the US over involvement in the opioid industry
- A grand jury was established to examine evidence related to consulting for pharmaceutical companies involved in the addiction epidemic.
- McKinsey is under a criminal investigation in the US for its involvement with opioid manufacturers.
- Furthermore, federal prosecutors are looking into whether the company impeded justice through its actions as concerns about its work grew.
- According to a source, the US Department of Justice has been scrutinizing McKinsey's activities for several years, with a grand jury now set up in Virginia to review evidence.
Blinken tells CNN the US has seen evidence of China attempting to influence upcoming US elections
cnn.com/2024/04/26/politics/blinken-china-interview-intl-hnk/
GOP’s inclusion of TikTok ban is secret weapon against Biden: Democrats are bracing for a backlash from young voters over the potential ban of TikTok on U.S ...
thehill.com/homenews/senate/4622455-gops-inclusion-of-tiktok-ban-is-secret-weapon-against-biden/
Quick Glance: ByteDance Would Consider Closing TikTok in US Over Sale, Sources Claim
- ByteDance would prefer to cease TikTok operations rather than engage in a sale if all legal avenues are exhausted to combat potential legislation banning the platform in US app stores, as per four sources.
- Despite TikTok's massive popularity with over a billion users, it remains unprofitable, contributing a small fraction to ByteDance's overall revenues and daily active user base.
- ByteDance stated on Thursday in a release on Toutiao, a media platform it possesses, that there are no intentions to sell TikTok, in response to claims from The Information about ByteDance exploring sale scenarios for TikTok's US operations excluding the recommending algorithm for user videos.
- As of December, ByteDance's valuation stood at $268 billion when it proposed a buyback of approximately $5 billion in shares from investors.
The arrest of more 100 student protesters at Columbia University on Thursday has sparked solidarity protests at colleges across the nation ... Show more
Where antiwar student protests, arrests have happened across universities - The Washington Post
Where antiwar student protests, arrests have happened across universities - The Washington Post
Quick Glance: Spread of Anti-War Protests at U.S. Universities
- University of Minnesota student sets up protest camp following arrests of pro-Palestinian demonstrators.
- Pro-Palestinian protests sweep campuses nationwide, demanding universities cut ties with Israel.
- Arrest of over 100 student protesters at Columbia University sparks solidarity protests at other colleges.
- Student anti-war protests spread across the country, from Yale to University of California, demanding divestment from Israel.
Biden keeps needling Trump as he walks a tightrope over his rival’s trial: President Joe Biden might not be saying much about his Republican challenger’s ...
cnn.com/2024/04/25/politics/biden-campaign-trail-trump-criminal-trial/
Quick Glance: Biden criticizes Florida's abortion ban and holds Trump accountable
- President Biden condemns the upcoming 6-week abortion ban in Florida.
- He blames Trump for appointing justices who overturned Roe v. Wade.
- Biden's campaign focuses on abortion rights to mobilize voters.
- Efforts to leverage Florida's abortion laws for political gain are highlighted.
NEW: Reggie Bush will get his Heisman Trophy back after it was stripped from him 14 years ago, regaining the college game's top honor after an improper ... Show more
Reggie Bush getting Heisman Trophy back after it was stripped from him 14 years ago
Reggie Bush getting Heisman Trophy back after it was stripped from him 14 years ago
Quick Glance: Reggie Bush to Regain 2005 Heisman Trophy
- The Heisman Trust is set to announce Reggie Bush receiving back the 2005 Heisman Trophy, reinstating his status as a recipient after a NCAA investigation.
- Following the restoration of his 2005 season records by the NCAA, the Heisman Trust confirmed the re-honoring of Bush's award.
- In a statement, Bush expressed his excitement to be back in the Heisman family and collaborate with the organization to uphold its values and mission.
- With the Heisman Trophy back in Bush's possession, USC now holds the top spot in college football's Heisman Trophy winners list with a total of eight recipients.
24 billion kilometers away: "Voyager 1" sends NASA information again: 47 years ago, the US space agency sent the "Voyager 1" probe into space. In November ...
n-tv.de/wissen/Voyager-1-sendet-der-NASA-wieder-Informationen-article24893611.html
Quick Glance: Voyager 1 Sends Usable Data to Earth Again
- Launched in 1977, Voyager 1's mission is to explore interstellar space.
- After sending unreadable data for months, a fix was found for the issue.
- Experts repaired a faulty chip in the Flight Data Subsystem to resume sending readable data.
- The mission remains iconic, but the battery's longevity is uncertain as the probe continues its journey through the Milky Way.
Senate Begins Investigation Into Ozempic and Wegovy Prices: Senator Bernie Sanders is pressing the drugmaker Novo Nordisk for details on its pricing of the ...
nytimes.com/2024/04/24/well/live/ozempic-cost-senate.html
US to decide by late May if Boeing violated prosecution deal, sources say: U.S. Department of Justice officials are planning to decide as soon as late May ...
reut.rs/3wboLCz
Gaza protesters clash with police at US universities: Demonstrators in Texas were met with state troopers as protests lead to arrests on campuses across the ...
bbc.com/news/av/world-us-canada-68851625
Buttigieg says Boeing can't boost 737 MAX production without improving quality
axios.com/2024/04/24/buttigieg-boeing-737-max-production-quality
Reuters NEXT Newsmaker with Janet Yellen, US Secretary of the Treasury, to discuss the crisis in the Middle East, lingering inflation pressures and the state ...
reut.rs/4b9JlCc
Stephen King Doubles Down on Marjorie Taylor Greene Comments: Author King shared another withering description of Rep. Greene amid her objection to a recently ...
newsweek.com/marjorie-taylor-greene-stephen-king-mike-johnson-russia-ukraine-war-1894062
Quick Glance: The Right Grapples with Marjorie Taylor Greene's Impact
- Kevin McCarthy's concessions led to repercussions for both him and the Republican Party.
- Greene faces criticism from conservative media and politicians who see her as a liability to the party.
- Her controversial actions and missteps have resulted in increased scrutiny, even from within her own party.
- The GOP base is not fully aligned with Greene's pursuits, indicating growing doubts about her ability to represent the party.
Starbucks loses appeal over union election at Seattle store: A U.S. appeals court on Wednesday rejected Starbucks' claims that an employee vote to unionize at ...
reuters.com/legal/starbucks-loses-appeal-over-union-election-seattle-store-2024-04-24/
Trump Sons Don’t Want Any ‘John Boltons’ in Dad’s Next Admin: Report: Don Jr. and Eric Trump have reportedly taken the reigns on assembling their father’s ...
thedailybeast.com/trump-sons-dont-want-any-john-boltons-in-dads-next-admin-report
Tesla Is in Panic Mode. Can Elon Musk Turn the Company Around? : The carmaker's profits fell 55% in the first quarter of 2024. Elon Musk faces major challenges ...
time.com/6970399/tesla-stock-earnings-call-elon-musk/
NEW: Reggie Bush will get his Heisman Trophy back after it was stripped from him 14 years ago, regaining the college game's top honor after an improper ... Show more
Reggie Bush getting Heisman Trophy back after it was stripped from him 14 years ago
Reggie Bush getting Heisman Trophy back after it was stripped from him 14 years ago
Quick Glance: Reggie Bush to Regain 2005 Heisman Trophy
- The Heisman Trust is set to announce Reggie Bush receiving back the 2005 Heisman Trophy, reinstating his status as a recipient after a NCAA investigation.
- Following the restoration of his 2005 season records by the NCAA, the Heisman Trust confirmed the re-honoring of Bush's award.
- In a statement, Bush expressed his excitement to be back in the Heisman family and collaborate with the organization to uphold its values and mission.
- With the Heisman Trophy back in Bush's possession, USC now holds the top spot in college football's Heisman Trophy winners list with a total of eight recipients.
George Santos ends comeback bid for Congress: Former U.S. Rep. George Santos says he's dropping his longshot bid to return to Congress ...
apnews.com/article/george-santos-congress-campaign-a4c4cc2ea7cb52a13ec9f8dfc5ede86c
Quick Glance: George Santos ends independent bid for US House seat
- Following his expulsion from Congress after a bipartisan vote on December 1, George Santos, a Republican representative from New York, is seen leaving the U.S. Capitol. On Tuesday, Santos announced his decision to withdraw his independent candidacy for New York's 1st Congressional District.
- In order to prevent a split in the Republican ticket between himself and the incumbent Republican candidate, Nick LaLota, in case he secures the Republican nomination after the New York primary on June 25, Santos opted out of an independent run, as reported by Politico.
- Nancy Goroff and John Avlon are currently competing for the Democratic nomination for the congressional seat during the New York primary.
- Despite concluding his independent candidacy, Santos hinted at a possible future congressional run. He expressed, 'The future holds countless possibilities, and I am prepared, eager, and capable to step up and fight for my country at any time.'
After Months of Gibberish, Voyager 1 Is Communicating Well Again: NASA scientists spent months coaxing the 46-year-old Voyager 1 spacecraft back into healthy ...
scientificamerican.com/article/after-months-of-gibberish-voyager-1-is-communicating-well-again/
Quick Glance: Voyager 1: Successful Communication Restoration
- After months of nonsensical transmissions, Voyager 1 is finally communicating clearly with Earth.
- NASA has resolved issues with the probe and obtained clear information on its health.
- Voyager 1 has made significant scientific discoveries but is significantly affected by the harsh space environment.
- Despite the temporary repair of communication issues, NASA scientists are aware that the spacecraft won't last indefinitely.
Tesla profits have plummeted. Elon Musk remains all-in on robotaxis: Tesla's sales are down. It's slashing car prices and laying off staff. Yet CEO Elon Musk ...
npr.org/2024/04/23/1246643864/tesla-earnings-elon-musk-robotaxi
Quick Glance: Tesla: Prices Reduced in Germany - Musk's Strategies
- Tesla lowers prices in Germany to increase inventory and sales.
- Elon Musk addresses price complaints and emphasizes the need for flexible pricing.
- Buyers of Tesla vehicles during expensive phases may face depreciation.
- Tesla implements additional measures to boost sales, such as price cuts in the USA and adjustments in the Supercharger network.
Exclusive: Trump brothers emerge as loyalty czars for dad's potential transition to White House
axios.com/2024/04/24/trump-brothers-loyalty-czars-transition-team
Argentinians filled the streets of Buenos Aires as they marched against President Javier Milei's budget cuts to education ... Show more
Argentina's Milei faces biggest protest yet as students march over budget cuts | Reuters
Argentina's Milei faces biggest protest yet as students march over budget cuts | Reuters
Musk targets Australian senator and gun laws in deepening dispute over violent video
nbcnews.com/news/world/elon-musk-targets-australian-senator-gun-laws-bishop-stabbed-rcna149105
JPMorgan Chase CEO Jamie Dimon is concerned the US economy could be in for a repeat of the problems that hampered the country during the 1970s.
"Yes ... Show more
Jamie Dimon is worried the US economy is headed back to the 1970s
Jamie Dimon is worried the US economy is headed back to the 1970s
Quick Glance: JPMorgan CEO Dimon Praises US Economy
- Jamie Dimon, Chairman and Chief Executive Officer of JPMorgan Chase & Co., speaks to the Economic Club of New York.
- Dimon expressed confidence in a robust U.S. economy with strong employment and healthy consumer finances.
- However, he warned about the potential economic effects of rising national debt, inflation, and geopolitical conflicts.
- Dimon also discussed the need for a more harmonious relationship between lenders and regulators, as well as praised U.S. leadership and economic power.
Elon Musk finally the 'adult in the room,' Tesla headed for growth: Wedbush: "Elon Musk finally stepped up as the adult in the room and laid the foundation for ...
markets.businessinsider.com/news/stocks/tesla-stock-price-elon-musk-q1-earnings-outlook-model-2-2024-4
Quick Glance: Elon Musk Leads Tesla to Growth: Wedbush
- Elon Musk is referred to as the 'adult in the room' and lays the foundation for Tesla's growth strategy, according to Wedbush analysts.
- Tesla stock could be headed for better days, as Elon Musk finally steps up as the 'adult in the room' to calm investors amidst various headwinds, noted Wedbush Securities analyst Dan Ives.
- The company particularly reiterated its guidance on the Model 2, a lower-cost electric vehicle set to roll out next year, eagerly awaited by Wall Street to boost sales. This cheaper model will be crucial for Tesla's success, focusing on sales volume in the near term, as highlighted by Ives.
- Despite short-term headwinds, Tesla is on a good trajectory in the long run, as mentioned by Wedbush. Ives added that the company has a 'golden vision' regarding its full self-driving technology, pivotal for Tesla's strategy over the next decade.
They found safe spaces on TikTok. A ban could devastate their communities.: With President Biden signing a bill that could ban TikTok, groups such as GriefTok ...
washingtonpost.com/technology/2024/04/25/tiktok-ban-bill-us-communities/
Quick Glance: Ban Bill Passed Against TikTok in the US: Implications and Responses
- A bill that would ban TikTok unless ByteDance, its Chinese owner, divests from the video-sharing app within nine months received overwhelming approval from the US Senate due to concerns about the company posing a national security threat.
- The bill was passed in conjunction with a measure providing a $95 billion emergency aid package for Ukraine, Israel, and Taiwan.
- President Joe Biden has indicated his intention to sign the bill into law on Wednesday.
- While TikTok is currently operational in the US, executives and attorneys will need to engage in legal battles to defend the company's interests.
Tesla needs to fire Elon Musk as CEO if it wants to save itself: Tesla is in trouble: sales are falling and competition from China is ramping up ...
businessinsider.com/tesla-fire-elon-musk-new-ceo-evs-china-sales-earnings-2024-4
Quick Glance: Elon Musk must be removed as CEO to save Tesla
- Tesla is struggling with declining sales, layoffs, and issues in China.
- Elon Musk is blamed for the company's state and his departure could save Tesla.
- Tesla has failed to craft a strategy for chaotic times, resulting in a shrinking market share in China.
Shake Shack opening in Midlothian: A Shake Shack is headed for Midlothian at 1371 Huguenot Road, near Chesterfield Towne Center.
richmond.com/life-entertainment/local/food-drink/shake-shack-opening-in-midlothian/article_457f9892-0164-11ef-8122-abe11215e075.html
On this episode of the Elon, Inc. podcast,we discuss Tesla's biggest layoffs to date and why Elon Musk's rationale may be more than just about cost reduction ... Show more
The Most Important Earnings of Elon's Life? - Elon, Inc. - Omny.fm
The Most Important Earnings of Elon's Life? - Elon, Inc. - Omny.fm
Boeing crash victims' families urge DOJ to criminally prosecute company: Ethiopia crash victims' families met with the DOJ in Washington D.C. Wednesday.
abcnews.go.com/US/boeing-crash-victims-families-urge-doj-criminally-prosecute/story
Quick Glance: Boeing faces revenue decline after 7 quarters with decreasing deliveries
- Boeing experienced a revenue decline in the last quarter, marking the first time in seven quarters as aircraft deliveries decrease.
- The quarterly revenue amounted to $16.57 billion, surpassing the expectations of $16.23 billion.
- Boeing aims to deliver a significant portion of its inventory of 737s and 787s by the end of the year to generate much-needed capital.
- Operating margins at Boeing's defense business improved to 2.2% in the quarter, compared to a negative value of 3.2% a year ago.
Watch: Indian vendor who served tea to Bill Gates sips coffee at Dubai's Burj Khalifa - News | Khaleej Times
khaleejtimes.com/uae/watch-indian-vendor-who-served-tea-to-bill-gates-sips-coffee-at-dubais-burj-khalifa
Quick Glance: Dolly Chaiwalla sips coffee atop Burj Khalifa; internet reacts to viral footage
- The new video of Dolly Chaiwalla, known for his unique way of making tea, comes after his viral video with Microsoft's Bill Gates earlier this year.
- Sunil Patil, also known as 'Dolly Chaiwalla' from Nagpur, has once again captured the internet's attention with his latest video. He is seen sipping coffee at the peak of Dubai’s Burj Khalifa in the video, sparking a frenzy on social media with users expressing a mix of awe and amusement.
- Some users joked about setting up a tea stall on top of the skyscraper, while others marveled at Patil's remarkable journey from a humble tea seller to a global sensation.
- Patil's transition from selling tea on the streets of Nagpur to interacting with tech moguls and enjoying coffee at the peak of architectural wonders highlights the endless possibilities in today's interconnected world. Dolly Chaiwalla continues to surprise his audience, keeping them eagerly anticipating his next adventure.
A majority of Americans no longer trust the Supreme Court. Can it rebuild?: As the Supreme Court prepares to hear a case Thursday on whether presidents have ...
csmonitor.com/USA/Justice/2024/0424/supreme-court-trust-trump-immunity-overturning-roe
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Tesla Announces Steep Employee Cuts Amid Revenue Drop: Elon Musk's electric vehicle company is laying off more than 6,000 employees after reporting a 9% drop in ...
huffpost.com/entry/tesla-layoffs-california-texas_n_66282c39e4b096c7bac6847b
Elon Musk hawks Optimus robot in an attempt to resuscitate Tesla: "As I've said before, I think Optimus will be more valuable than everything else combined ...
businessinsider.com/elon-musk-hawks-optimus-robot-in-attempt-to-resuscitate-tesla-2024-4
Quick Glance: Tesla aims to potentially launch its humanoid robot Optimus next year, Elon Musk suggests
- Elon Musk hinted at the possibility of Tesla introducing its humanoid robot Optimus to the market next year. The company plans to deploy the robot in its own factory by the year's end.
- Not long ago, Tesla revealed “Optimus Gen 2”, a new iteration of its humanoid robot designed to assume repetitive human tasks.
- Tesla's confidence in achieving this stems from its utilization of AI technologies in the self-driving vehicle sector and its proficiency in battery and electric motor innovations. The notion that its vehicles are essentially robots on wheels was posited.
- Envisioning a future where households incorporate a Tesla Optimus robot that assumes various manufacturing and service roles, the CEO's perspective is clear.
Man sentenced to 6 years in prison for attacking police with pole at Capitol: A North Carolina man who became a fugitive after a federal jury convicted him of ...
apnews.com/article/david-gietzen-fugitive-capitol-riot-sentence-b9437f4a4e2d6464f4b89c4523367d02
FAA probes union claims Boeing retaliated against two engineers in 2022: The Federal Aviation Administration said Tuesday it is investigating claims by a union ...
reut.rs/3xPFcoB
Tesla’s profits are being sunk by a tide of electric cars: First-quarter profits for Elon Musk’s company have more than halved, with the EV market awash with ...
smh.com.au/business/companies/tesla-s-profits-are-being-sunk-by-a-tide-of-electric-cars-20240424-p5fm6k.html
FTC is sued by business groups over its ban on noncompete agreements, which may delay enforcement
cnn.com/2024/04/25/success/ftc-noncompete-ban-lawsuit/
Quick Glance: US implements ban on worker 'competition agreements' with business groups filing lawsuits
- The U.S. Federal Trade Commission has approved a framework to eliminate agreements often signed by employees to refrain from joining their employers' competitors or establishing rival businesses.
- The ban on noncompete agreements is projected to boost worker earnings by up to $488 billion over the next decade and facilitate the establishment of over 8,500 new businesses annually.
- Prominent business associations have criticized the framework and declared legal actions, contending that noncompete agreements assist companies in safeguarding trade secrets and advancing competitiveness.
- Unions have endorsed the FTC's vote in favor of the ban, hailing it as a significant triumph for workers that will enhance the national economy by fostering entrepreneurship.
Tesla Earnings Report Could Add to Concerns About Its Strategy: The first-quarter results will very likely fuel worries that competitors will continue grabbing a ...
nytimes.com/2024/04/23/business/tesla-earnings-first-quarter-elon-musk.html
Quick Glance: Tesla Profit Decline Alarms Investors
- Tesla's profit fell by 55% in the first quarter due to tepid car sales.
- Revenue dropped by 9% to $21.3 billion.
- Price cuts and job layoffs indicate challenges in cost control.
- Investors concerned about Tesla's declining sales and profits.
Meta's Threads now has more daily US users than Musk's X: Launched less than a year ago as a rival for Twitter, Threads is continuing to gain ground with users.
businessinsider.com/meta-threads-more-daily-us-users-twitter-elon-musk-x-2024-4
Elon Musk lashed out at Australian Prime Minister Anthony Albanese after the country’s federal court ordered his social media company X to take down footage of ... Show more
Musk decries Australian court 'censorship' of X terror posts | Reuters
Musk decries Australian court 'censorship' of X terror posts | Reuters
Quick Glance: Musk criticizes Australian court 'censorship' of terror posts
- Elon Musk lashed out at Australia's prime minister after a court ordered his social media company X to take down footage of an alleged terrorist attack in Sydney.
- X was directed to temporarily hide posts showing video of the incident where a teenager was charged with terrorism for knifing an Assyrian priest and others.
- Musk questioned whether the Prime Minister should have jurisdiction over the entire internet and emphasized the importance of free speech.
- The incident sets up a new conflict between major internet platforms and countries and nonprofits seeking more oversight of the content hosted on them.
Trump was going to dominate the courtroom. Instead, he is shrinking.: Trump wrongly thought he might win the presidency on the courtroom steps.
washingtonpost.com/opinions/2024/04/23/trump-losing-courtroom-campaign-bragg-trial/
Australian PM calls Elon Musk an 'arrogant billionaire' in row over attack footage
bbc.com/news/world-australia-68878967
Live updates: Protests at Columbia and other schools continue into day eight: Columbia University, and other schools have taken steps to try to address students' ...
edition.cnn.com/business/live-news/columbia-yale-university-protests-04-24-24/h_743a862ed4b39ff5244bcacd6222bb29
Weak business figures: Tesla's quarterly profit falls by 55 percent: The US electric car manufacturer Tesla is struggling with falling sales figures ...
n-tv.de/wirtschaft/Teslas-Quartalsgewinn-faellt-um-55-Prozent-article24896184.html
Trump trial live updates: Judge to weigh whether Trump violated gag order: Testimony resumes in Donald Trump's hush money trial, with David Pecker ...
apnews.com/live/Trump-trial-witnesses-updates
Injury rates at Elon Musk’s rocket firm SpaceX continue to be abnormally high by industry standards, according to a @Reuters review of safety data reported to ... Show more
Exclusive: Injury rates for Musk's SpaceX exceed industry average for second year | Reuters
Exclusive: Injury rates for Musk's SpaceX exceed industry average for second year | Reuters
Quick Glance: Injury Rates at SpaceX Exceed Industry Average
- Injury rates at SpaceX facilities surpassed industry average in 2023.
- Injuries at SpaceX locations worsened compared to 2022.
- Experts raise concerns about the quality of work at SpaceX.
- SpaceX and Musk have not publicly addressed safety record in detail.
Argentina Economic Activity Slumps in February as Milei Plan Takes Hold: Argentina’s economy slumped for a fourth straight month in February as President Javier ...
bloomberg.com/news/articles/2024-04-23/argentina-s-economy-slumps-for-fourth-straight-month-in-february
US CDC warns of harmful reactions to fake Botox injections: The U.S. Centers for Disease Control and Prevention (CDC) on Tuesday alerted clinicians about risks ...
reuters.com/business/healthcare-pharmaceuticals/us-cdc-warns-harmful-reactions-fake-botox-injections-2024-04-23/
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