Business/Economy (News/Activism)
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The Donald Trump campaign has raised a staggering $200 million since the former president was found guilty of 34 felonies last Thursday, his son Eric Trump said Sunday. Eric, who is married to The Republican National Committee (RNC) Co-Chair Lara Trump, said she told him the figure was comprised of over $70 million in small donor fundraising in the three days since his father was found guilty of 34 felonies related to falsifying business records. 'This might be a little inside information, but as I was leaving my house about 37 seconds ago, I asked my wife, what are we...
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Nvidia on Sunday unveiled its next generation of artificial intelligence chips to succeed the previous model, which was announced just months earlier in March.Nvidia CEO Jensen Huang announced the new AI chip architecture, dubbed "Rubin," ahead of the COMPUTEX tech conference in Taipei.Rubin comes months after the March announcement of the upcoming "Blackwell" model, which is still in production and expected to ship to customers later in 2024.Huang's announcement of Rubin appears to quicken the company's already-accelerated pace of AI chip advancement.Nvidia has pledged to release new AI chip models on a "one-year rhythm," as Huang put it on Sunday....
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The Trump verdict last Thursday overshadowed a far more disturbing portent for New York: yet another daytime attack in the heart of Times Square, the second in a month, this time a machete assault outside a McDonald’s at 45th and Broadway. New York’s failure to control crime — regular crime, not Trump crime — is slowing its tourism recovery, as new statistics from Broadway’s theater industry show. Like New York overall, Broadway is having a slow rebound from the COVID-19 pandemic.
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The Biden administration is doing an end-run around the nation’s immigration laws — by giving migrants work permits in record numbers. Since President Biden took office, more than 3.3 million migrants have been given a Employment Authorization Document (EAD), commonly known as the federal work permit, even though many didn’t even legally have the right to be America. And as of February of this year, pending EAD applications stood at an another 1.4 million. In many cases, migrants are given the right to work before they are even given asylum, a green card or other legal documentation that allows them...
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New York Times columnist Maureen Dowd said this weekend that her sister is backing former President Trump’s reelection bid following the guilty verdict in the New York hush money criminal trial. In a column published Saturday, Dowd said after the guilty verdict, she called her brother and her sister — both of whom, she said, are Republicans who had hoped for a Ron DeSantis and Nikki Haley victory — to gauge whether Trump’s conviction had been a final straw for them. Dowd said she was surprised to hear that her sister was swayed in the other direction. “I wasn’t going...
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During the pandemic, the American people started to feel that Big Government was very cozy with Big Pharma. Now we know just how close they were. New data from the National Institutes of Health reveals the agency and its scientists collected $710 million in royalties during the pandemic, from late 2021 through 2023. These are payments made by private companies, like pharmaceuticals, to license medical innovations from government scientists. Almost all that cash — $690 million — went to the National Institute of Allergy and Infectious Disease (NIAID), the subagency led by Dr. Anthony Fauci, and 260 of its scientists....
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Liberal singer John Legend blamed "disinformation" and ideas about "masculinity" for driving Black and Latino voters to support former President Trump this election. "I do think Trump performs a form of masculinity that is appealing to some men," Legend reacted to a question about polls showing Trump's increased support from younger Black voters, in an interview with "Pod Save America" on Tuesday. "That may explain the uptick." The coach on "The Voice" went on to argue that these voters wrongly believe the economy has been suffering under President Biden.
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One of the best-known grocery chains in the Northeast announced it's closing an unspecified amount of stores. Yet another business with ties to New York is closing multiple locations. The news follows what can only be described as a landslide of abrupt closings. Retro Fitness in Yorkville ceased operations on May 22, a few days after Wheelock Rides out of Syracuse took its final bow. Not only that, Freihofer's bakery shut its doors for good after 140 years, including its Verona location. And, just yesterday, BNY Mellon announced it's shuttering its Oriskany Business Park location. These local closures come as...
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It’s the preeminent civil rights issue of our day: the protection of girls in women’s sports. Last month’s stolen victory by a male runner in the girls’ 400-meter dash at the Washington state championships underscores a heightened sense of urgency for current and future generations of female athletes. Lauren Matthew, West Valley School District’s top-seeded runner, is just the latest young woman to lose a title to a mediocre male claiming to be female. Naturally, the boy secured the championship by one second.
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LONDON (AP) – Halla Tomasdottir, a businesswoman and investor, has won Iceland’s presidential election, topping a crowded field of candidates in which the top three finishers were women, the country’s national broadcast service reported. Tomasdottir was elected to the largely ceremonial post with 34.3% of the vote, defeating former Prime Minister Katrin Jakobsdottir, with 25.2%, and Halla Hrund Logadottir, with 15.5%, RUV said Sunday.
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John Catsimatidis, Grant Cardone react to Trump being found guilty on all 34 counts in hush money trial Prominent business executives have warned that more New York enterprises and their leaders may fall victim to "no rule of law" in the wake of Donald Trump’s guilty verdict. "If they can do this to a business person like Donald Trump, they could do it to anybody in New York and a lot of businesses. A lot of people are concerned that there is no rule of law," billionaire CEO John Catsimatidis said Friday on "Mornings with Maria." "If they can do...
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(NEXSTAR) – Gary Millerchip, the new CFO and executive vice president of Costco, shared a frank message with investors and analysts while hosting his very first Costco earnings call on Thursday afternoon. “To clear up some recent media speculation, I also want to confirm the $1.50 hot dog price is safe,” said Millerchip, shortly after welcoming attendees to the company’s Q3 earnings call. The price of Costco’s hot-dog-and-soda combo, at $1.50, has remained unchanged since the item was added to menus in the mid-1980s. But recent comments from Richard Galanti, Costco’s former CFO, left some consumers feeling uncertain about the...
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The first rule in crisis communications is this: Protect the brand. When faced with a crisis that could explode in the media, crisis communicators work to minimize damage to the brand. But should Amazon be running the violent abduction of its employee, Alexander “Sasha” Troufanov, like a classic crisis communications scenario instead of exhausting all means and resources to free him? Shortly after the New York Post reported in November that Sasha, an Amazon employee in its Tel Aviv lab, had been kidnapped by Hamas on Oct. 7, I did a round of pro bono media outreach to offer Sasha’s...
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Steven Piluso, 52, has worked for many years as a marketing operations and strategy consultant. He says the initial social contract that created loyalty to jobs was broken by the employers, not employees. To fix the problem, companies should focus on giving Gen Z and millennials benefits that matter to them. After college graduation at age 22, I got my first job at an advertising agency. At the orientation, sitting with mostly entry- or low-level employees, an HR rep went over a lot of confusing information — stuff about common stock, benefits, and a pension plan. I thought to myself,...
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We were once a nation of builders—from the toll roads and canals of the early nineteenth century and the railroads of the second half of that busy century, to the construction of power, energy, and water systems that were the envy of the world. Even Stalin hired American engineers and planners to build hydroelectric plants and car and other large-scale factories, some planned and developed by people from Detroit. As Stalin knew, infrastructure is one of the keys to imperial power. Ancient Rome, the imperial dynasties of China, the Mesoamerican empires, the Islamic empire of the Caliphs, the British Empire,...
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Prominent business executives have warned that more New York enterprises and their leaders may fall victim to "no rule of law" in the wake of Donald Trump’s guilty verdict. "If they can do this to a business person like Donald Trump, they could do it to anybody in New York and a lot of businesses. A lot of people are concerned that there is no rule of law," billionaire CEO John Catsimatidis said Friday on "Mornings with Maria." ... Cardone recently pulled his business out of the Empire State and cautioned that Trump’s legal troubles — including a previous $355...
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JOHANNESBURG (AP) — The African National Congress party lost its parliamentary majority in a historic election result Saturday that puts South Africa on a new political path for the first time since the end of the apartheid system of white minority rule 30 years ago. With more than 99% of votes counted, the once-dominant ANC had received just over 40% in Wednesday’s election, well short of the majority it had held since the famed all-race vote of 1994 that ended apartheid and brought it to power under Nelson Mandela. The final results are still to be formally declared by the...
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On Friday’s edition of NBC’s “MTP Now,” NBC News White House Correspondent Mike Memoli stated that “the Biden team has seemed to concede that there’s nothing they’re going to be able to do to fix the inflation problem” and are trying to reframe things to a “stylistic” argument. Memoli said, “Every single demographic, every poll shows the number one issue, cost of living, inflation. And the Biden team has seemed to concede that there’s nothing they’re going to be able to do to fix the inflation problem. So, they’re trying to make this a whose side are you on, who...
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After years of trying — in the words of the judge — “to get the damned rascal in this court,” it was a conviction that many welcomed. But those words were not from Manhattan Supreme Court Justice Juan Merchan, and the conviction was not that of former President Donald Trump. Rather they were from US Supreme Court Justice Samuel Chase, at the end of the 18th century, when America embraced political prosecutions to target critics and opponents. The man on trial then was James T. Callender, a muckraking writer critical of President John Adams. For accusing politicians of corruption, Callender...
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Dollar Tree has saved 170 shops that were set to be shuttered by rival 99 Cents Only after it went bankrupt.It is a boost for budget shoppers in Arizona, California, Nevada, and Texas - who have been mourning the loss of the popular chain.Dollar Tree announced on Wednesday that it had bought rights to the leases for the stores.At the same time, it has paid for the 99 Cents Only's 'intellectual property,' meaning it has the option to keep some stores open under the brand or even open new ones using it.West Coast-based 99 Cents Only had a cult following...
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