admin
Embattled CNN Chief Executive Chris Licht apologized to the news organization’s staff Monday morning during the cable news network’s 9 a.m. ET call, according to people familiar with the matter.Licht told staffers he didn’t recognize himself in a 15,000-word profile story in The Atlantic that published Friday. The story documented…
Maria is a 90 year old, hardworking woman who raised four kids and some grandkids as well. She quit her humble work as a housecleaner when her husband fell ill. She stayed home to care for him. She also helped raise a grandson, when her son and his wife split…
JPMorgan Chase CEO Jamie Dimon has “no plans” to run for office, according to a statement from the bank Monday.Speculation about Dimon’s possible future in politics flares up from time to time. The CEO is respected in business circles for his stewardship of JPMorgan, building it into the biggest and…
Steady contributions make investing ‘more palatable’Among the primary benefits of dollar-cost averaging: It strips the emotion out of investing.”Doing a little bit over time will average out the good days and bad days [in the market] and make it a more palatable experience for you,” said Sean Deviney, a certified…
DETROIT – General Motors plans to invest more than $1 billion in two Michigan plants for production of next-generation heavy-duty trucks, the company said Monday.The investment includes $788 million to prepare its Flint Assembly plant to build the heavy-duty gas and diesel trucks. Another $233 million will be invested in…
In April the International Monetary Fund released a working paper explaining how tax authorities can better leverage anti-money-laundering (AML) measures to improve tax compliance and boost domestic revenue mobilization. The idea is not new, but it’s been a challenging concept for tax authorities to execute. Why? Well, tax crimes and…
Robert F. Kennedy Jr.’s bid for the Democratic nomination for president has gained a boost from several Silicon Valley executives.Block CEO Jack Dorsey endorsed Kennedy on Twitter on Sunday, while Twitter owner Elon Musk invited the contender to a live audio discussion on the platform. That discussion is set for…
Former Vice President Mike Pence filed paperwork Monday to run for president in 2024, Federal Election Commission documents showed.Pence, who served under former President Donald Trump, is expected to personally launch his bid for the GOP nomination on Wednesday. A spokesman for Pence confirmed the FEC filings.The former vice president…
Vision Pro will cost $3,499 and launches next yearApple saved the price for last. The Vision Pro will cost $3,499 and launches early next year. That’s the end, we’ll try to check it out in person as soon as we can. Thanks for joining.Apple announces visionOS software platform for Vision…
One could be forgiven for thinking that last Friday’s headline showing the U.S. economy created a much larger-than-expected 339,000 jobs in May would send stocks lower rather than higher. After all, the Federal Reserve has been relentlessly increasing short-term interest rates to fight the inflation problem, and a tight job…