Economy

  • by:
  • Source: yahoo
  • 01/13/2025
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Elon Musk says SpaceX will provide free Starlink terminals to areas hit by LA wildfires

Elon Musk said SpaceX will donate free Starlink terminals to areas hit by the massive LA wildfires.

  • by:
  • Source: NY Post
  • 01/10/2025
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LA fires could cause over $50B in damages — making them the most expensive in California history

The devastating fires ripping across Los Angeles could cause more than $50 billion in damages – making them the most costly in state history, according to a report.

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McDonald’s Becomes Latest Big Company to Walk Back DEI Measures

McDonald’s announced Monday that it will be scaling back some of its diversity, equity, and inclusion measures in the wake of the Supreme Court’s decision to ban race-based college admissions policies and amid a growing conservative push to restrict the progressive corporate initiatives.

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Costco defends DEI program as other major retailers drop controversial diversity push

Costco board asks shareholders to vote against proposal challenging its diversity, equity and inclusion practices

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MAGA civil war as Elon Musk and Vivek clash with hard right on key immigration issue

The MAGA movement, long united under its 'America First' banner, is facing a deepening schism as an intense online battle over the H-1B visa program enfulfs its ranks.

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Biden cancels student loans for 55,000 public service workers in final push

The Biden administration is canceling federal student loans for another 55,000 workers through an existing program known as Public Service Loan Forgiveness.

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U.S. stock indexes close lower amid regulatory concerns

U.S. stocks ended lower on Monday, weighed down by a slide in Nvidia, as the combination of regulatory concerns and macroeconomic anticipation weighed on sentiment, leaving investors cautious as the week unfolds.

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Zuckerberg, Bezos Among Tech Giants Kowtowing to Trump, But Don’t Be Fooled by Their Friendly Gestures

Big Tech is trying to make nice with President-elect Donald Trump, but that doesn’t mean they’ve changed their minds about him.

  • by:
  • Source: CNN
  • 12/13/2024
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Amazon plans to donate $1 million to President-elect Donald Trump’s inauguration

Amazon is planning to donate $1 million to President-elect Donald Trump’s inauguration, a person familiar with the matter told CNN. Amazon founder Jeff Bezos is expected to visit with Trump in person in the coming days, as he and other tech founders seek closer relationships with the incoming president.

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McDonald’s Surpasses FBI In Number Of Shooters Apprehended In 2024

U.S. — Fast-food chain McDonald's has officially surpassed the Federal Bureau of Investigation in the number of shooters apprehended in 2024.

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Trump congratulates bitcoiners — El Salvador's Nayib Bukele takes victory lap with bitcoin over 100K

President-elect Trump congratulated bitcoin holders, and El Salvador's President Nayib Bukele took a victory lap on social media in response to bitcoin surpassing $100,000.

  • by:
  • Source: Straight Arrow News
  • 12/06/2024
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Meta executive admits to over-moderating COVID-19, election content

Is Meta moderating its content too much? A top executive at the company shared regrets over removing posts about the pandemic. 

  • by:
  • Source: Yahoo
  • 11/22/2024
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US imposes sanctions on Russia's Gazprombank, which may deprive it of access to SWIFT

The United States has imposed sanctions on Gazprombank, one of the few major Russian lenders not yet blacklisted, in an effort to limit the Kremlin's ability to finance its war effort.

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SpaceX launches sixth Starship but aborts booster landing

SpaceX launched its Starship vehicle on its sixth test flight Nov. 19 but called off a planned landing of the Super Heavy booster back at the launch site.

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Jeff Bezos Sells $214M Worth Of Amazon Shares In Latest Stock Move, Here's How Much He Still Owns

Amazon.com Inc. (NASDAQ:AMZN) executive chair Jeff Bezos has sold off a significant chunk of his Amazon shares, according to a filing with the U.S. Securities and Exchange Commission.

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Biden administration sets plan to triple US nuclear energy capacity by 2050

The road map aims for 200 GW of net new capacity from newly built reactors, restarts of plants retired for economic reasons and power uprates of existing reactors, the White House said Tuesday.