By Bill Pan Three senior Boeing executives, including CEO Dave Calhoun, are stepping down as the commercial airliner maker is embroiled in a deepening scandal over the quality of its products. In a companywide message on March 25, Mr. Calhoun called it a “watershed moment” for Boeing when a door panel blew out on a […]
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Trump’s Social Media Company to Start Trading Under ‘DJT’ on March 26
By Jack Phillips Trump Media & Technology Group, which owns Truth Social, will begin trading on the Nasdaq stock market on March 26, the company said in a March 25 regulatory filing. Shareholders of Digital World Acquisition Corp. (DWAC), a publicly traded shell company, approved a deal to merge with President Donald Trump’s media business […]
Chicago Board of Elections ‘Mistakenly’ Left Out Over 9,000 Mail-In Ballots in Primary Election
By Tom Ozimek A Chicago Board of Elections official said Sunday that he had “mistakenly” left out over 9,000 mail-in ballots from one of the races in last week’s Illinois state primary election, sparking renewed scrutiny around voting by mail in the run-up to the November presidential election. “In adding up the total number of […]
Trump Says He’ll Post $175 Million Bond in Fraud Case After New Court Order
By Catherine Yang The New York state Supreme Court’s First Judicial Department Appellate Division has granted a stay of enforcement on the $464 million judgment on former President Donald Trump with conditions, allowing The Trump Organization to avert having assets imminently seized by the New York attorney general. The order came after defense attorneys argued […]
Experts see Gold’s Ascension as a Reflection of Economic Concerns and Hedging Strategies
By Pinnacle View Team The price of gold rose sharply in mid-March, reaching a new all-time high. As an investment hedging tool, the rise in the price of this rare precious metal underscores the concerns of some investors about the increasing risks in the global political and economic environment. Will the price of gold continue […]
Stellantis Laying Off About 400 US Workers, Citing ‘Unprecedented Uncertantities’
By Reuters Chrysler parent Stellantis said on Friday it will lay off about 400 U.S. salaried workers as it seeks to cut costs, boost efficiency and ramp up electric-vehicle production plans. The Italian-American automaker said it is reducing its engineering/technology and software organizations by about 400 U.S. jobs effective March 31, which represents 2 percent […]
What We Know About ISIS-K, Alleged Perpetrators of Moscow Concert Hall Massacre
By Bill Pan At least 133 people died in a massacre at a concert hall in Moscow on Friday night in what was the deadliest terror attack on Russian soil in over a decade. Islamic State Khorasan (ISIS-K), a terrorist group based in Afghanistan, claimed responsibility for the carnage. The ISIS branch claimed responsibility for […]
SEC Urges Supreme Court to Reject Elon Musk’s First Amendment Appeal
By Melanie Sun Attorneys representing the Securities and Exchange Commission (SEC) have urged the Supreme Court not to hear Elon Musk’s appeal of settlement conditions that Mr. Musk says would require that “Americans who settle their cases with the government to ‘consent’ to be gagged for life.” Elon Musk is challenging the details of a […]
Fluoroquinolone Alert: The Common Medication That Could Lead to Irreversible Health Conditions
By Sherami Tsai In 2011, Lesley Yates, a vibrant mother and teacher’s aide, suffered a medical crisis after receiving a routine antibiotics prescription for a suspected urinary tract infection. The aftermath left her with severe tendon injuries, culminating in a premature transition to permanent disability at the age of 54. Several doctors and experts dismissed her […]
Presidential Nominees Biden, Trump Secure Wins in Louisiana Primaries
By Melanie Sun Presidential nominees President Joe Biden and former President Donald Trump both won their respective party’s primary races in Louisiana on Saturday. Both have already secured enough delegates to win their partys’ nominations for the upcoming general election on Nov. 2, although some continue watching the primary races for turnout and signals from […]
Goldman Sachs CEO Issues Warning on ‘Stickier’ Inflation
By Naveen Athrappully Goldman Sachs CEO David Solomon expects inflation to remain elevated for a longer period of time and warned that economic conditions have become “tougher” for lower-income consumers. “After years of easy monetary policy and fiscal stimulus, economic conditions tightened at the fastest rate in 40 years, and yet there was not a […]
Biden Admin Launches Centralized ‘Red Flag’ Hub to Target Gun Owners Who ‘Pose a Threat’
By Tom Ozimek The Biden administration is setting up a national center to provide training and technical assistance to help police, prosecutors, judges, and others implement “red flags” laws more effectively to take away guns from Americans “who pose a threat to themselves or others,” drawing criticism from some conservatives. The Department of Justice (DOJ) […]