Last week’s Republican National Convention was focused almost entirely on a different presidential contest than the one we see today. Speakers railed against President Biden, Donald Trump’s presumed opponent in November — but whose withdrawal Sunday rendered much of the criticism irrelevant. One comment made in a speech by the former president’s son Donald Trump […]Read More
As Vice President Harris takes over President Biden’s campaign, some of her allies are looking to bring David Plouffe, a longtime adviser to former president Barack Obama, on board in a senior role, according to two people familiar with the conversations. The exact details of his potential role are unclear, according to the people, who […]Read More
Green Dot Corp., a company that partners with Walmart to sell prepaid debit cards at the retail giant, has been fined $44 million by the Federal Reserve for ‘numerous’ alleged failures that harmed consumers over a period of at least five years. In a release Friday, the Fed said Austin-based Green Dot had violated consumer […]Read More
John Deere said Wednesday it would cease lending its name to social events like LGBTQ Pride parades — the latest corporation to reassess its stance on hot-button social issues as the culture wars ignite ahead of the presidential election. In a statement posted on its X account, the nearly 200-year-old industrial and farming equipment manufacturer […]Read More
Willow Bay and Bob Iger will take a controlling stake in Angel City Football Club, the world’s most valuable women’s professional sports team. On Wednesday, Angel City of the National Women’s Soccer League announced the couple had agreed to an investment of an undisclosed amount that values the team at $250 million. The club said Bay and Iger will […]Read More
The Securities and Exchange Commission sued the former CEO of the blank-check company that merged with Trump Media, accusing him of lying about his firm’s plans to combine with Donald Trump’s social media startup. Patrick Orlando allegedly lied in public filings when he said his company, Digital World Acquisition Corp., had not contacted any possible merger targets […]Read More
Billionaire investor Ken Griffin, founder and CEO of hedge fund Citadel, purchased a late-Jurassic stegosaurus skeleton for $44.6 million at Sotheby’s Wednesday, marking the most valuable fossil ever sold at auction. The 150 million-year-old stegosaurus named “Apex” measures 11 feet tall and nearly 27 feet long from nose to tail and it is a nearly complete […]Read More
DETROIT — Ford Motor will expand production of its large Super Duty trucks to a Canadian plant that was previously set to be converted into an all-electric vehicle hub. The new plans include investing about $3 billion to expand Super Duty production, including $2.3 billion at Ford’s Oakville Assembly Complex in Ontario, Canada, Ford said Thursday. The […]Read More
Ticketmaster and its parent company, Live Nation, are offering a promotion through the end of July that lets users buy four tickets for $80 to selected shows. The offer is good for thousands of shows — but not all of them — and it is limited by geographic area. And you need a code to […]Read More
Netflix’s second-quarter earnings report contained no bombshells, and that’s just fine for the company and its investors. In recent weeks, Paramount Global has agreed to merge with Skydance Media. Warner Bros. Discovery is considering all options for its future and may lose broadcast rights to the NBA. While the media and entertainment landscape around Netflix is in a state of change, the world’s largest streamer is fine […]Read More
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