Angry that your favorite Red Lobster closed down? Wall Street wizardry had a lot to do with it. Red Lobster was America’s largest casual dining operation, serving 64 million customers a year in almost 600 locations across 44 states and Canada. Its May 19 bankruptcy filing and closing of almost 100 locations across the country […]Read More
Special counsel Jack Smith filed court papers Friday asking a judge to order Donald Trump not to make any further incendiary claims suggesting that FBI agents were “complicit in a plot to assassinate him.” In the filing to U.S. District Judge Aileen M. Cannon, Smith argues Trump’s statements earlier this week exposed FBI agents involved […]Read More
Two Democratic senators are calling on Chief Justice John G. Roberts Jr. to take immediate steps to ensure that Justice Samuel A. Alito Jr. does not participate in a pair of Supreme Court cases related to the 2020 presidential election and the Jan. 6, 2021, attack on the U.S. Capitol. This post appeared first on […]Read More
Nikki Haley’s bid for the Republican nomination was not as simple as it has often been perceived. It involved a number of different and conflicting motivations: depicting Donald Trump as unelectable, enticing Trump supporters to consider her candidacy and walking the fine line between challenging Trump and establishing her position as his electoral successor. She […]Read More
In an immediate sense, it doesn’t matter at all whether Americans think Donald Trump is guilty of the charges filed against him in New York. That legal determination will be made by the 12 New Yorkers tapped to show up everyday and hear the attorneys’ arguments and consider the evidence. This post appeared first on […]Read More
There’s a large region of the right-wing media ecosystem that is littered with those always-disappointing carbon-snake fireworks. Touch one of them with a spark and it springs to life, pushing out an unbroken chain of detritus. Eventually it dies out, leaving a mess, but there are other sparks and other snakes still to be lit. […]Read More
Warner Bros. Discovery is considering matching an offer for the media rights to a package of National Basketball Association games as the league looks to finalize terms — but its focus could be on a potential Amazon package rather than games slated for Comcast’s NBCUniversal, according to people familiar with the matter. It’s the latest turn in what’s been a […]Read More
A dispute between a fintech startup and its banking partners has ensnared potentially millions of Americans, leaving them without access to their money for nearly two weeks, according to recent court documents. Since last year, Synapse — an Andreessen Horowitz-backed startup that serves as a middle-man between customer-facing fintech brands and FDIC-backed banks — has had disagreements with several […]Read More
Target’s weak quarterly earnings underscored why it cut prices on thousands of household staples: it’s struggling to win over bargain hunters. The discounter is not alone. Target’s first-quarter results on Wednesday not only show American consumers are more selective about spending after sustained inflation squeezed their budgets for nearly three years.The company’s declining sales also illustrate how the […]Read More
More than half of Americans think that the United States is in an economic recession, although gross domestic product has been increasing for the past several years. According to a new Guardian/Harris poll, 56% of respondents said they believe the U.S. is in a recession and 58% say that President Joe Biden is responsible for what they see as an economic downturn. […]Read More
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