North Dakota Gov. Doug Burgum had a rather unremarkable run for president. He made it to the Republican debate stage thanks to a fundraising gimmick that delivered donors gift cards. His biggest headline may have come after he tore his Achilles during a pickup basketball game the night before the first debate. And the former […]Read More
After more than a year and a half, Jeff Bezos’ Blue Origin is set to fly another space tourism mission as early as Sunday, the first since the company suffered an engine failure on a flight that ended with the capsule’s emergency escape system blasting it away from the rocket booster, which crashed in the […]Read More
Certain Democrats trying to cope with President Biden’s continually underwhelming 2024 poll numbers share an article of faith: the ceiling theory. All Biden needs to do is rally allies who are unenthusiastic about him — particularly young, Black and Hispanic voters — against Donald Trump. The former president’s ceiling, after all, has proved to be […]Read More
The 2024 presidential election has turned into a crash course in gerontology. On Election Day, former president Donald Trump will be 78 years old, and President Biden will be a couple weeks shy of 82. Never have two people of such advanced age been the nominees of the major political parties, nor has there been […]Read More
LAS VEGAS — The iconic Mirage hotel-casino on the Las Vegas Strip will shut its doors this summer, the end of an era for a property credited with helping transform Sin City into an ultra-luxury resort destination. The July 17 closure will clear the way for major renovations and construction on the 80-acre (32-hectare) property, […]Read More
What retail apocalypse? Online home goods retailer Wayfair is opening its first namesake store, near Chicago, following a string of other digitally native companies that have turned to brick-and-mortar for growth. In an ironic twist for a company that became a $12 billion powerhouse by persuading consumers to buy couches and beds online, Wayfair is leaning into […]Read More
Passing major milestones such as the 40,000 barrier the Dow Jones Industrial Average eclipsed this week makes for a nice headline, but market experts do not take much else from the move. What really matters is what underpins the market, namely, whether companies are seeing sustainable profits, where monetary and fiscal policy is positioned and […]Read More
Workers at two Mercedes-Benz factories in Alabama have voted against joining the United Auto Workers, the largest autoworkers union in the U.S., a blow to an effort to strengthen the presence of organized labor in the South. The Friday vote was seen as a bellwether for the ability of newly resurgent labor groups to successfully […]Read More
As part of Tesla’s massive restructuring, the electric-vehicle maker notified the California Employment Development Department this week that it’s cutting approximately 600 more employees at its manufacturing facilities and engineering offices between Fremont and Palo Alto. The latest round of layoffs eliminated roles across the board — from entry-level positions to directors — and hit an array […]Read More
The Dow Jones Industrial Average reached a milestone Thursday that seemed unfathomable a year ago. A trader at the New York Stock Exchange on Thursday, May 16, 2024, as the DOW reached 40,000.Courtney Crow / NYSE The 30-stock benchmark broke above 40,000 for the first time. The move comes as investors cheer the prospects of artificial intelligence […]Read More
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