Tag: News

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George Soros backs Rivian bet as Ford delivers bad news

Rivian (SHORE) – Get the Class A report from Rivian Automotive, Inc. was scared but the electric vehicle manufacturer made up for it well. The young manufacturer of electric SUVs and pick-ups has just cleared some of the many doubts hanging over its short-term future. The Irvine, Calif.-based company confirmed its production target of 25,000…
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Cold, hard, hygienic money? BYU study finds going without cash was ‘useless’ to prevent COVID-19

Liz Atkinson, Quicksilver store manager at Traverse Mountain Outlets in Lehi, cleans a terminal after a transaction on May 1, 2020. Many companies have started encouraging transactions with plastic debit and credit cards as a security measure for fight against the spread of COVID -19. Now, research from BYU indicates that plastic payment cards are…
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Inflation threatens summer vacation plans for millions of Americans

Soaring inflation threatens the travel plans of millions of Americans as growing demand for travel and vacations drives up prices. Gasoline hit a new high of $4.45 on Saturday, and the start of the peak summer travel season is still weeks away. Earlier this week, federal inflation data showed airfares were up 33% from a…
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FDA, Biden ‘dropped the ball’ on infant formula crisis, experts say

The FDA “dropped the ball” on the nation’s infant formula crisis – closing a crucial factory on top of product recalls and not warning parents of the ramifications, experts told the Post on Friday. Desperate moms and dads have been scouring stores across the country for formula milk since mega-maker Abbott issued a safety recall…
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Elon Musk says Trump SHOULD NOT run for president in 2024 but will get his Twitter back

Elon Musk says Donald Trump should skip the 2024 election even as he promises to restore the former president’s Twitter account. The Tesla CEO shared his views on US politics in a series of tweets Thursday night. He said Trump should not run for office because a “less divisive candidate would be better off in…
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TikTok is being sued by the family of a Philadelphia girl, 10, who died doing a dangerous ‘blackout challenge’

The family of a 10-year-old girl who choked to death in a TikTok challenge is suing the video platform for negligence and “faulty design”. Nylah Anderson of Philadelphia was found unconscious in her mother’s bedroom closet on December 7. She hung herself from a purse strap after seeing videos related to the ‘blackout challenge’ on…
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Live stock market news updates: Stock futures fall as indices head for weekly losses

U.S. stock futures opened lower on Thursday night, with major indexes heading for weekly losses as concerns about lingering inflation and the resilience of the U.S. economy heightened volatility. Contracts on the S&P 500 fell late in the session. Previously, the index closed within striking distance of a bear market, generally defined as a close…
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Live stock market news updates: Equity futures fall as investors continue to ponder searing inflation data

U.S. equity futures fell in premarket trading on Thursday after another day of falling markets as investors digested more searing inflation data that showed price levels remained high in April. S&P 500 futures fell 0.4% after the index settled at 3,935.18, its lowest level since March 2021. The S&P 500 fell more than 17% during…
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Live stock market news updates: Stock futures fall as investors continue to mull over April inflation report

U.S. equity futures fell in premarket trading on Thursday after another day of falling markets as investors digested inflation data that showed price levels remained high in April. S&P 500 futures fell 0.6% after the index settled at 3,935.18, its lowest level since March 2021. The S&P 500 fell more than 17% during of the…
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Orthodox Jews in New York barred from boarding connecting flight after a few refuse to wear masks

About 100 Orthodox Jews from New York on a religious pilgrimage to Hungary said they were not allowed to board their connecting flight to Germany last week because some of them did not wear masks on their outbound flight. The group had departed from JFK and were traveling to Budapest, Hungary, with a connection in…
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