Author: Press Room
Gilead Sciences declares $0.75 dividend
Three progressive House Democrats are calling on congressional leaders in both parties to condemn “anti-Muslim” and “anti-Palestinian hate” they said is growing more pervasive in U.S. politics.Reps. Rashida Tlaib, D-Mich., Ilhan Omar, D-Minn., and André Carson, D-Ind., the only three Muslim lawmakers in the House, also singled out a new bill introduced by Rep. Ryan Zinke, R-Mont., aimed at expelling Palestinians from the U.S.”Let’s be clear: using the full power of the state to target and persecute a particular ethnic group or nationality is fascism and pure bigotry,” the joint statement said on Tuesday afternoon. “Unfortunately, this legislation is part…
General Motors’ Cruise unit is recalling 950 of its self-driving cars for a software update. A Cruise self-driving car dragged a pedestrian about 20 feet on a San Francisco street in October. California later revoked the license for Cruise vehicles to operate without human drivers behind the wheel. 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 General Motors’ Cruise autonomous vehicle unit is recalling all 950 of its cars to update software after one of the self-driving vehicles dragged a pedestrian to the side…
US President Joe Biden delivers remarks on his “Bidenomics” economic agenda in New Castle County, … [+] Delaware, on November 6, 2023. The administration just concluded a second round of public hearings on a new Biden student loan forgiveness plan that is under development. (Photo by ANDREW CABALLERO-REYNOLDS / AFP) (Photo by ANDREW CABALLERO-REYNOLDS/AFP via Getty Images)AFP via Getty Images At President Joe Biden’s direction, a new student loan forgiveness plan is currently under development. And financial hardships could ultimately become a basis for receiving automatic relief. After Biden’s first student debt relief initiative was rejected by the Supreme Court…
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.German arms exports to Israel have surged in the past month, as Berlin steps up support for the Middle East country’s war against Hamas. Germany has exported more than €300mn of sensitive military equipment and arms to Israel so far this year, a 10-fold increase since 2022, said a German government official. They added that 185 of the 218 licences granted this year were approved after October 7, when Hamas launched a surprise attack from Gaza, killing 1,400 people according to Israeli officials. German…
© Reuters. The 550 foot-tall (167.6 m) High Roller observation wheel, the tallest in the world, is the centerpiece of the $550 million Linq project, a retail, dining and entertainment district by Caesars Entertainment Corp, in seen in Las Vegas, Nevada April 9, 2014 By Ananta Agarwal and Shivansh Tiwary (Reuters) -The unions representing hospitality workers in Las Vegas reached a tentative deal with Caesars (NASDAQ:) Entertainment for a new labor contract covering about 10,000 employees on Wednesday, two days before a strike deadline was set to expire. The Culinary Workers and Bartenders Unions said the five-year contract would cover…
© Reuters. U.S. President Joe Biden delivers remarks on infrastructure during an event at the Amtrak maintenance facility in Bear, Delaware, U.S., November 6, 2023. REUTERS/Leah Millis/File Photo WASHINGTON (Reuters) – A bipartisan group of U.S. lawmakers want the Biden administration to hike tariffs on Chinese-made vehicles and investigate taking steps to prevent Chinese companies from exporting to the United States from Mexico. Representative Mike Gallagher, a Republican who chairs a select committee on China, and the panel’s top Democrat, Raja Krishnamoorthi and two other lawmakers urged U.S. Trade Representative Katherine Tai in a letter to boost the current 25%…
Merchants & Marine Bancorp Q3 GAAP EPS of $2.48
A moderate Democrat who is among the New York City Council’s most powerful members beat his Republican opponent on Tuesday, according to The Associated Press. By prevailing in the southern Brooklyn race, Democrats held a council seat that had shown signs of drifting away from their control.The Democrat, Justin Brannan, the Council’s finance chairman, defeated Ari Kagan, who was elected to the Council as a Democrat in 2021, but left the party last year and quickly adopted Republican stances on issues such as abortion and crime.The two incumbents wound up running in the same southern Brooklyn district as a result…
Disney will report earnings after the close. (Photo by Barry King/WireImage)WireImage Key Takeaways Stocks On A Roll Oil Price Pressure Abating Can Disney Regain Some Of Its Luster Interval training is a process by which individuals doing multiple sets, push themselves as hard as they can for short bursts, then rest for a longer period of time between sets. That’s how I’m thinking about the market this week. After a flurry of activity last week, this week has been a period of rest. On Tuesday, the S&P 500 gained 0.3% while the Nasdaq Composite moved higher by 0.9%. On a…