Former Georgia Republican Lt. Gov. Geoff Duncan on Monday said he will vote for President Joe Biden in November, arguing former President Donald Trump “has disqualified himself through his conduct and his character.” “Unlike Trump, I’ve belonged to the GOP my entire life. This November,…
Delphine Arnault, eldest child of LVMH head Bernard Arnault, is the CEO of Christian Dior. Apart from a brief stint at McKinsey, her career has spanned multiple roles for LVMH since 2000. All of her siblings also work at LVMH brands, including Louis Vuitton, Berluti, and TAG Heuer. Delphine Arnault…
Walmart will close a Bay Area store later this month, as well as a Neighborhood Market in Milwaukee, Wisconsin, bringing the number of confirmed closures so far this year to eight.Layoff notices filed with the state of Wisconsin and California follow the closures earlier this year of four stores in…
By Tom WestbrookSINGAPORE (Reuters) – Asian shares made 15-month highs on Tuesday on renewed confidence of U.S. interest rate cuts, while traders waited on a policy meeting in Australia later in the day and had a close eye on a falling yen. MSCI’s broadest index of Asia-Pacific shares outside Japan…
Oregon’s 3rd congressional district Representative Earl Blumenauer has recently made several adjustments to his spouse’s retirement portfolio. The transactions include both purchases and sales of various stocks, ranging in value from $1,001 to $50,000.Blumenauer sold partial stakes in Blackstone Inc. (NYSE:), Caterpillar , Inc. (NYSE:NYSE:), and Embraer S.A. (NYSE:ERJ), each…
Investing.com– Oil prices rose in Asian trade on Tuesday amid growing doubts that talks between Israel and Hamas will yield a ceasefire, especially after an Israeli strike on the city of Rafah in Southern Gaza. Prices extended a recovery from lows hit last week, amid concerns over sluggish demand and less…
Tesla CEO Elon Musk suggested Boeing has “too many” non-technical managers.Musk’s tweet comes…
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Topline Actor Kevin Spacey praised Robert F. Kennedy Jr., calling him a…
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On Monday, the experimental currency Ore won $50,000 from a Solana Foundation-supported…
POLITICS
View MoreHouse Speaker Mike Johnson continues to oversee one of the narrowest House majorities in history, leaving little margin for error as he navigates his conference and faces threats to his leadership. Republicans control 217 seats while Democrats control 213 after Democratic Rep. Tim Kennedy of New York was sworn in Monday evening. There are currently five vacant seats. That breakdown leaves Republicans with a one-vote margin, which means they can only afford one defection from within their conference to still pass legislation on a party-line when all members are present and voting. A tie vote in the House is a…
Sen. Bob Menendez will be allowed to argue at his federal corruption trial that he thought he was acting for the “good of the public” when helping Egypt and Qatar,…
The White House on Monday had a terse message for South Dakota Gov. Kristi Noem, who suggested one of President Joe Biden’s pets should suffer the same fate as the…
An American soldier was detained in Russia last week on suspicion of theft and is currently being held in pre-trial detention, according to two US officials. The soldier, a staff…
Markets
View MoreBy Anirban Sen and Dawn ChmielewskiNEW YORK (Reuters) – Walt Disney (NYSE:) and Comcast (NASDAQ:) are seeking to hire a…
Finance
View MoreElon Musk criticized Boeing on X ahead of its first astronaut flight to space.SpaceX beat Boeing to the punch, flying NASA astronauts to the space station…
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(Reuters) – Banking and payments processing conglomerate Fidelity National Information Services raised…
Investing
At just 6 times free cash flow, the stock may be bottoming By Jordan Sauer Summary British American Tobacco has a $16.5 billion hidden asset. The company trades at just 6 times free cash flow. A recession-resistant product and a 10% dividend yield make BTI a valuable investment as risks…
Economy
(Reuters) – ANZ Group announced a new A$2 billion ($1.32 billion) share…
Fintech
TikTok is sponsoring the Met Gala this year, and CEO Shou Chew…
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