A $600 Billion Wall of Debt Looms Over Markets Riskiest Stocks(Bloomberg) — US small-cap stocks are as cheap as they’ve been in decades, but with a more than half-trillion dollar mountain of debt looming over the next five years, it’s going to take a significant risk-on signal from the Federal …
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Why the unionization of Tennessee Volkswagen workers is a big breakthrough for UAW – PBS NewsHour
Why the unionization of Tennessee Volkswagen workers is a big breakthrough for UAW – PBS NewsHourEmployees at Volkswagen’s plant in Chattanooga, Tennessee, have overwhelmingly voted to join the United Auto Workers union.It’s the first time workers at a foreign car maker’s plant in the American South have unionized, giving UAW …
עוד »Trump Weighs In On Gaza Ahead Of November: "Firmly In Israels Camp"
Trump Weighs In On Gaza Ahead Of November: "Firmly In Israels Camp"Authored by Dave DeCamp via AntiWar.com, Former President Trump, the likely GOP candidate for the 2024 presidential election, said he supported Israel’s brutal, ongoing military operations in Gaza in an interview with "Fox & Friends" this week. Trump agreed …
עוד »Binance Founder Sentenced to 4 Months in Prison – The New York Times
Binance Founder Sentenced to 4 Months in Prison – The New York TimesChangpeng Zhao, the billionaire founder of the giant cryptocurrency exchange Binance, was sentenced on Tuesday to four months in prison, a much lighter penalty than other crypto executives have faced since the industry imploded in 2022. Mr. Zhao …
עוד »SBFs parents say his social awkwardness will endanger him in prison – Business Insider
SBFs parents say his social awkwardness will endanger him in prison – Business InsiderSam Bankman-Fried\'s family begged for leniency ahead of his upcoming sentencing. His lawyers suggest a 6.5-year sentence, calling the probation office\'s 100-year recommendation "barbaric." His parents warned prison could lead to violence given his poor ability to …
עוד »The SEC can sue Coinbase for offering unregistered securities, judge rules – The Verge
The SEC can sue Coinbase for offering unregistered securities, judge rules – The VergeThe question of who gets to regulate crypto has some answers, as a judge has ruled the Securities and Exchange Commission’s securities lawsuit against Coinbase can continue. US District Judge Katherine Polk Failla ruled that under federal …
עוד »Tesla-beating BYD unveils $230,000 supercar and $14,000 hatchback in same week – Fortune
Tesla-beating BYD unveils $230,000 supercar and $14,000 hatchback in same week – FortuneBYD, the Chinese carmaker that recently overtook Elon Musk’s Tesla in global sales of electric vehicles, has struck fear into legacy automakers. That’s primarily because of its low production costs and inexpensive vehicles, which has the likes of …
עוד »BP execs husband made $1.76M from insider trading by snooping on her calls while working from home – New York Post
BP execs husband made $1.76M from insider trading by snooping on her calls while working from home – New York PostThe husband of a former BP merger and acquisitions manager has admitted making nearly $1.8 million with info he got from eavesdropping on his wife’s phone calls while she worked …
עוד »Investors Pour Money Into Wall St. as Stocks Set New Highs
Investors Pour Money Into Wall St. as Stocks Set New HighsIt looks like there is little that can trouble investors at the moment. The S&P 500 is on course for its best week of the year so far, up more than 2 percent. That added to gains that have lifted …
עוד »South Africa: Media24 To Cut 5 Newspapers, 400 Jobs at Risk – South African News Briefs – June 19, 2024
South Africa: Media24 To Cut 5 Newspapers, 400 Jobs at Risk – South African News Briefs – June 19, 2024Media24 Cuts Print, 400 Jobs at Risk Media24 has announced that it plans to close the print editions of five newspapers, selling its media logistics business, and offloading its community newspaper …
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