Former president Donald Trump expanded his portrayal of migrants as violent with a suggestion that they could be pitted in fights for entertainment. During a speech to Christian conservatives on Saturday afternoon, and again at a rally in Philadelphia that evening, Trump claimed that he told his friend Dana White, president of the Ultimate Fighting […]Read More
Two years ago, California was so flush that Gov. Gavin Newsom was moved to make a bold declaration about the state’s estimated $100 billion budget surplus. “Simply without precedent,” the Democratic leader said, announcing the good news in May 2022. “No other state in American history has ever experienced a surplus as large as this.” […]Read More
Voters, ages 50 and up, will have a strong influence on the November election. And politicians who want to win their vote would be wise to emphasize personal economic issues that affect them, particularly Social Security, according to a new AARP poll of likely voters from the 44 most competitive congressional districts. When asked one question — “How worried […]Read More
Darden Restaurants on Thursday reported mixed quarterly results as Olive Garden’s same-store sales fell for the second consecutive quarter. For fiscal 2025, Darden is forecasting that its same-store sales will grow just 1% to 2%. Shares of the company rose more than 2% in premarket trading. Darden reported fiscal fourth-quarter net income of $308.1 million, or […]Read More
Tesla’s hefty downsizing in 2023 has reduced its global headcount to just over 121,000 people, including temps, internal records suggest, indicating that the automaker has slashed more than 14% of its workforce so far this year. The latest figure is not from precise payroll data, but from the number of people who are on Tesla’s “everybody” […]Read More
Elon Musk on Wednesday tried to walk back remarks lashing out at advertisers fleeing his X social media platform. At the Cannes Lions advertising festival in Cannes, France, Musk was asked by WPP CEO Mark Read what he meant by telling advertisers threatening to pull ads from the platform late last year to “go f— […]Read More
Rite Aid is closing 27 more locations as it continues to work through a bankruptcy proceeding, according to a new court filing. The store locations are in Ohio and Michigan. More than 520 have been closed since Rite Aid filed for reorganization in October — about a quarter of its footprint. The majority of closures […]Read More
Forever 21 is asking landlords for a break on rent as the legacy fast-fashion player’s sales decline and it struggles to keep up with savvier competitors, CNBC has learned. The retailer, which has more than 380 stores in the U.S., has asked some landlords to cut its rent by as much as 50%, people familiar […]Read More
The 2024 Summer Olympics in Paris are set to see plenty of attendees — but travel data shows there are still opportunities for last-minute deal-hunters to capitalize on current market dynamics. Roughly a month out from the Friday, July 26, torch-lighting ceremony that will kick off the games, more than 75% of Paris-area rooms tracked by […]Read More
More than half a million portable electronic device chargers sold exclusively at Costco are being recalled after reports they can overheat and catch fire. The devices, called myCharge POWER HUB All-In-One, allegedly caused at least two residential fires. In a notice posted on the Consumer Product Safety Commission’s website, myCharge, also known as RFA Brands […]Read More
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