Author: Press Room
Rosalynn Carter, the former first lady, has entered hospice care at her home in Georgia alongside her husband, former President Jimmy Carter, who has been in hospice since February, the family announced on Friday.Mrs. Carter, 96, revealed in May that she has dementia, but Friday’s statement offered no further details about her condition or any other ailments she might be suffering. She has been by her husband’s side for the last nine months as he has similarly decided to forgo full-scale medical treatment in anticipation of his final chapter.“She and President Carter are spending time with each other and their…
Speaker Mike Johnson campaigned with now-disgraced reality TV star Josh Duggar years ago in Louisiana.Johnson has a long close association with Family Research Council president Tony Perkins, who has been connected to religious and political leaders accused of sexual abuse.Johnson called Duggar, now in prison for child pornography, a “friend” when the two campaigned for now-U.S. Senator Bill Cassidy. Loading Something is loading. Thanks for signing up! Access your favorite topics in a personalized feed while you’re on the go. download the app Like many self-identified Christian conservatives, House Speaker Mike Johnson has long been preoccupied with sex — who’s…
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.SpaceX’s Starship rocket reached space for the first time on Friday though both the ship and its main booster were lost minutes into the flight, dealing another setback to Elon Musk’s ambition of carrying humans to Mars.The 400ft-tall rocket — the most powerful ever launched — left its launch pad alongside the Gulf of Mexico in Texas just after 7am local time and rose above a height of 100km, the point at which space begins, before the mishaps that affected its first…
FRANKFURT – Commerzbank (ETR:) has obtained regulatory approval to operate as Germany’s first full-service bank offering cryptocurrency custody services. The bank announced today its licensing under the German Banking Act, marking a significant step in integrating digital assets into traditional banking services. The license allows Commerzbank to expand its financial offerings, providing institutional clients with a secure platform for managing digital assets. This new service aligns with the bank’s strategy to adopt cutting-edge technology and meet the evolving needs of its customers in the realm of digital finance. Dr. Jörg Oliveri del Castillo-Schulz, COO of Commerzbank, highlighted the importance of…
© Reuters. NEW YORK – Dillard’s Inc. (NYSE: NYSE:) shares have surged by 16% over the past week, propelled by the company’s impressive return on equity (ROE) of 43%, which significantly outstrips the industry average of 17%. The American department store chain has demonstrated considerable financial strength with a net profit of $777 million and shareholders’ equity of $1.8 billion. The retailer’s financial performance shines with a five-year net income growth rate of 45%, eclipsing the industry’s average growth rate of 14%. This robust growth trajectory is further underscored by Dillard’s consistent dividend payouts, which reflect a tradition of sharing…
Win McNamee/Getty Images News Some longtime Tesla (NASDAQ:TSLA) shareholders and supporters have criticized Elon Musk over his support of an antisemitic post on X. Tesla shareholder and Future Fund Advisors Co-Founder Gary Black was one of the first to weigh in. “These type of comments can hurt the company’s valuation over the longer term if consumers don’t want to be associated with the brand,” he stated. Black warned that Musk’s comments could alienate part of the customer base, and recounted that he has heard outrage over the Musk comments from his own clients. First American Trust is another Tesla (TSLA)…
Former Secretary of State Mike Pompeo unleashed a fiery response to Biden administration officials who signed on to a dissent letter over President Biden’s pro-Israel stance in its fight against Hamas terrorists — with the former top diplomat saying their moral compass “is broken.””People who serve our country in any government institution, whether in the military or the State Department, swear allegiance to the United States and should commit to the mission of the President — elected by the American people — and his Administration,” Pompeo said in a statement to Fox News Digital. “If they are unable or refuse…
My son is applying to 17 colleges, and the application process is causing us both stress.My husband and I are proofreading his essays and filling out the FAFSA for him.My son is staying up late to get it all done, but I’m trying to make sure he stays healthy. Loading Something is loading. Thanks for signing up! Access your favorite topics in a personalized feed while you’re on the go. download the app I knew this time would come; I just didn’t know I’d dread it so much.My only child is now a high-school senior. To say these past few…
The revelation that a Chinese company is funding several US patent lawsuits has put the $13bn litigation finance industry on the defence over claims that Beijing could exploit the American legal system and spy on corporations. Court filings in Delaware show that Shenzhen-based Purplevine IP is backing two related intellectual property suits brought against a subsidiary of Samsung Electronics. The suits allege that JBL Bluetooth earbuds infringe on several voice detection and noise reduction innovations, as does an in-car sound system.Purplevine is reportedly backing three other cases in Texas, brought by the same Florida-based wearable tech company. Litigation finance companies…
Stones and seashells for people killed in the Sept. 11 attacks began appearing at a signpost at Guantánamo Bay a few years ago, not far from the courtroom for war crimes cases.“In memory of all those who died of post-9/11 illness,” says a message inscribed on a chunk of coral. “Yeneneh Betru — Jan. 21, 1966 to Sept. 11, 2001 — Life is too short,” says another honoring a physician from California.A rite of sorts, it has been going on so long that some of the messages have faded in the Caribbean sunshine.“Aunt Lorraine: We miss you. We love you,”…