Linda Yaccarino spent 15 years at Turner Entertainment and 11.5 years at NBCUniversal before her surprise appointment as Twitter’s (now X) new CEO. As she continues to build her team, she just announced four hires of executives she had worked with at Turner or NBCUniversal, bringing more Hollywood experience to […]
Read more‘Many Indian unicorns have set up businesses in Dubai’
‘As part of our D33 strategy, the plan is to establish 30 unicorns in Dubai within the next 10 years.’ Dubai has laid out an ambitious $8.7 trillion economic plan in a decade under the Dubai Economic Agenda (D33) to boost its position as a financial and innovation hub, said […]
Read moreState pension set to increase almost 20 percent in two years
State pensioners could get another huge increase to their payments in April with total payments increasing almost 20 percent in two years. Pensioners are set to get an 8.5 percent boost to the current payment rates in line with the triple lock, increasing the full new state pension from the […]
Read moreUK teeters on recession with wages and living standards stagnant
The latest economic growth figures have renewed concerns the UK economy is weak and could fall into recession. The UK economy contracted 0.5 percent in July although GDP increased 0.2 percent in the three months to July 2023. Matthew Lesh, director of Public Policy and Communications at the Institute of […]
Read moreElon Musk Biography Yields Intriguing Vignettes About Ari Emanuel And Larry David, But Many Poor Reviews Have Accompanied Strong Early Sales
Walter Isaacson’s new biography of Elon Musk includes a number of intriguing vignettes involving everyone from Bill Gates to Google co-founder Sergei Brin. Two in particular involve Endeavor chief Ari Emanuel, who reportedly proposed running Twitter for $100 million, not long after Larry David had chastised Musk to his face […]
Read moreTreasuries See Further Downside Ahead Of Next Week's Fed Meeting
After moving lower over the course of the previous session, treasuries saw some further downside during trading on Friday. Bond prices came under pressure early in the session and remained firmly negative throughout the day. As a result, the yield on the benchmark ten-year note, which moves opposite of its […]
Read moreElon Musk’s Tesla Becomes One of the World’s Largest Car Companies
A Semafor story about the United Auto Workers (UAW) strike against America’s three big car makers pointed out that Tesla was among the 10 largest car companies in the world based on revenue. That is extraordinary because Tesla sells only electric vehicles (EVs). (This is the most dependable car brand […]
Read moreUS, Japan, S Korea Warn Against North Korean Arms Export To Russia
The United States, Japan and South Korea have warned that any arms exports from North Korea to Russia would directly violate multiple UN Security Council resolutions, including resolutions that Russia itself voted to adopt. The U.S. and its two strongest allies in Asia made the warning in apparent concerns over […]
Read moreU.S. Stocks Holding On To Modest Gains After Early Upward Move
Stocks moved mostly higher early in the session on Friday and continue to see modest strength in afternoon trading. The major averages have pulled back off their highs of the session but remain in positive territory. Currently, the Dow is up 69.00 points or 0.2 percent at 34,569.73, the Nasdaq […]
Read moreU.S. Stocks Move Mostly Higher Following Recent Weakness
Stocks have moved mostly higher in morning trading on Friday, regaining ground after trending lower over the past few sessions. The major averages have all moved to the upside, with the tech-heavy Nasdaq leading the advance. In recent trading, the major averages have reached new highs for the session. The […]
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