Electrical tower eyed as possible source of deadly Eaton Fire
An electrical tower in Eaton Canyon is being investigated as the possible origin of the deadly fire that shares its name. According to the Los Angeles Times, investigators from CalFire are looking at an electrical transmission tower where the first flames fro…
KTLA Los Angeles (ktla.com)
• Published 6 months ago
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Company linked to Alex Jones doubles offer to buy Infowars after failed bankruptcy auction
A company linked to conspiracy theorist Alex Jones is now offering over $7 million to buy his Infowars platforms as part of Jones' bankruptcy. A lawyer for the trustee overseeing the bankruptcy said in court Monday that First United American Companies has mor…
Associated Press (apnews.com)
• Published 6 months ago
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Molson Coors blames ad typo on a ‘case of the Mondays’
Billboard and full-page newspaper ads released Monday “didn’t have our signature chill,” the Chicago-based company said in a statement.
WGN TV Chicago (wgntv.com)
• Published 6 months ago
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Nasdaq closes lower, S&P 500 up slightly as US yields stay elevated
The Nasdaq fell on Monday, while the benchmark S&P 500 bounced off a two-month low and eked out a slight gain as U.S. Treasury yields stayed elevated with investors dialing back expectations on the pace of rate cuts from the Federal Reserve.
Reuters (www.reuters.com)
• Published 6 months ago
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Trump Team Studies Gradual Tariff Hikes Under Emergency Powers
Members of President-elect Donald Trump’s incoming economic team are discussing slowly ramping up tariffs month by month, a gradual approach aimed at boosting negotiating leverage while helping avoid a spike in inflation, according to people familiar with the…
Bloomberg (www.bloomberg.com)
• Published 6 months ago
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SEC charges Robinhood with securities violations, brokerage to pay $45 million penalty
The Securities and Exchange Commission said popular fractional ownership trading platform Robinhood violated more than 10 laws between 2018 and 2024.
CNBC (www.cnbc.com)
• Published 6 months ago
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Elon Musk reveals third person received Neuralink brain chip implant as rival companies pose challenge
Musk also said Neuralink hopes to implant the experimental devices in 20 to 30 more people this year.
New York Post (nypost.com)
• Published 6 months ago
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Hanging out at Starbucks will cost you as company reverses its open-door policy
If you want to hang out or use the restroom at Starbucks, you’re going to have to buy something. Starbucks on Monday said it was reversing a long-standing policy that invited everyone into its stores. A new code of conduct to be posted in all company-owned No…
Associated Press (apnews.com)
• Published 6 months ago
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Cleveland-Cliffs and Nucor Mull Fresh Bid for U.S. Steel
An offer from the duo is likely months away from happening
The Wall Street Journal (www.wsj.com)
• Published 6 months ago
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Apple Urges Shareholders To Reject Anti-DEI Policy
If Apple rejects a proposal that would dismantle its diversity, equity and inclusion commitments, it would buck the wave of anti-DEI policies sweeping corporate America.
Forbes (www.forbes.com)
• Published 6 months ago
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Abercrombie & Fitch Leads Retail Retreat After Updated Outlooks, Holiday Sales Reports
Urban Outfitters and American Eagle also reported holiday sales.
Investor's Business Daily (www.investors.com)
• Published 6 months ago
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Quantum Computing Stocks Take Another Hit On Zuckerberg View
Quantum computing stocks fell again after Mark Zuckerberg joined Nvidia's CEO in claiming the technology is far off from commercial usage.
Investor's Business Daily (www.investors.com)
• Published 6 months ago
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Humana, UnitedHealth, CVS Jump On Potential Medicare Advantage Payment Boost
This positive news overshadowed the negative impact of recent California wildfires on the insurance sector.
Yahoo Entertainment (finance.yahoo.com)
• Published 6 months ago
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Blue Origin delays launch of New Glenn mega-rocket
Jeff Bezos' space company Blue Origin postponed the inaugural launch of its first orbital rocket, New Glenn, early Monday morning after experiencing an
TechCrunch (techcrunch.com)
• Published 6 months ago
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Biden administration proposes sweeping new restrictions on exporting AI chips
The Biden Administration's new guidelines are meant to further curb AI chip exports to countries like China and Russia.
TechCrunch (techcrunch.com)
• Published 6 months ago
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Soon to be out of a job, Meta’s fact-checkers battle a blaze of wildfire conspiracy theories
Just hours after Meta chief Mark Zuckerberg announced last Tuesday that the social media giant would eliminate its US-based fact-checkers, the iconic hills above Los Angeles began to smolder.
CNN (www.cnn.com)
• Published 6 months ago
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Eli Lilly CEO expects new weight loss pill to be approved next year
Eli Lilly and its rivals are working to develop more convenient options than the injectable Zepbound and Wegovy, which dominate the weight loss drug market.
CNBC (www.cnbc.com)
• Published 6 months ago
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Sonos CEO behind disastrous app exits with $1.9 million severance
Frustrated users think Spence’s removal is “well deserved.”…
Ars Technica (arstechnica.com)
• Published 6 months ago
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Stock market today: Drops for Nvidia and other Big Tech stocks weigh on Wall Street
U.S. stock indexes are split as drops for Nvidia and other Big Tech companies work against gains for oil-and-gas producers. The S&P 500 was virtually flat Monday after erasing an earlier fall of 0.9%. The weakness for Big Tech stocks dragged the Nasdaq compos…
Associated Press (apnews.com)
• Published 6 months ago
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Honeywell Plans Breakup Under Pressure From Elliott
Honeywell International Inc. is poised to proceed with a breakup following pressure from activist Elliott Investment Management to split, people familiar with the matter said.
Bloomberg (www.bloomberg.com)
• Published 6 months ago
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