Author: usaeverydaylife

After every game, when the duties of that night are complete and Jalen Brunson has a chance to unwind, he opens his phone to dozens and dozens of messages on social media.It doesn’t matter if he scores 40 points or 20 points. It doesn’t matter if the New York Knicks win by 30 points, two points or lose. The bulk of the messages tend to be the same: They threaten him and his family, including his months-old daughter. They call him racial slurs. They demand money.Brunson could do what he’s paid to do: play well and win basketball games. And…

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Elon Musk listens to U.S. President Donald Trump speak in the Oval Office of the White House in Washington, D.C., U.S., Feb. 11, 2025. Kevin Lamarque | ReutersThe anti-bribery law whose enforcement President Donald Trump has suspended was previously used by the Department of Justice and financial regulators to win settlements totaling more than $1.5 billion from companies that are major suppliers for Tesla, the electric vehicle giant run by Trump’s ally Elon Musk.And Trump in his executive order Monday pausing the law banning bribery of foreign officials says, “American national security depends in substantial part” on the U.S. and its…

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Wharton School professor Jeremy Siegel is uncertain whether the “Magnificent Seven” companies can continue to enjoy the run they’ve had, and expects the other sectors could start to outperform. “We have these two markets. We have the Mag Seven, which is ex- Tesla is selling for 30, 35, and then we have the other 493 stocks that are selling more towards 19, which is, to me, very reasonable,” Siegel told CNBC’s “Squawk Box” on Wednesday, referring to the stocks’ valuation on a price-earnings basis. “I’ve often talked about 20 as an equilibrium P/E, so it really depends on what happens…

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U.S. President-elect Donald Trump speaks to Brendan Carr, his intended pick for Chairman of the Federal Communications Commission, as he attends a viewing of the launch of the sixth test flight of the SpaceX Starship rocket on November 19, 2024 in Brownsville, Texas. Brandon Bell | Getty ImagesThe Federal Communications Commission has alerted Comcast Corp. that it will begin an investigation into the diversity, equity and inclusion efforts at the media giant.The FCC, the agency that regulates the media and telecommunications industry, said in a letter that it would open the inquiry into both Comcast — which provides broadband, mobile and…

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U.S. President Donald Trump looks on, as he signs executive orders in the Oval Office of the White House in Washington, U.S., Feb. 10, 2025. Kevin Lamarque | ReutersPresident Donald Trump could announce his reciprocal tariff plan before he meets with Indian Prime Minister Narendra Modi on Thursday, the White House said Wednesday.”I do believe it will come before the prime minister’s visit tomorrow,” press secretary Karoline Leavitt told reporters at the White House when asked about Trump’s forthcoming announcement.She added, “I will let the president discuss the details on the reciprocal tariff front, but this is something he believes strongly in.”Trump said…

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LOS ANGELES — JJ Redick knew exactly what he was doing. The Los Angeles Lakers coach stepped into a subtle moment and broke the awkward silence with the matter-of-fact delivery of a question. One designed to rile up the guys. Add some juice to the moment.“Who’s the best player on the team?” Redick asked.Hands flew up. Five players nominated themselves with raised arms. Another did so with a confident smirk. Redick grinned at the chaos he provoked as several Palisades Charter High School boys basketball team members claimed the crown.“Are we serious?” sophomore point guard Jack Levey asked, his right…

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President Trump said on Wednesday that he had a “lengthy and highly productive phone call” with President Vladimir V. Putin of Russia, characterizing it as the beginning of a negotiation to end the war in Ukraine.It was the first confirmed conversation between the two men during Mr. Trump’s second term, coming as Mr. Trump has made clear to advisers that finding a U.S.-backed end to the war that Russia began is a priority for his administration.“We discussed Ukraine, the Middle East, Energy, Artificial Intelligence, the power of the Dollar, and various other subjects,” Mr. Trump wrote in a social media…

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Check out the companies making headlines in midday trading: Baidu — The Chinese tech stock added 4% after a source familiar with the matter revealed that Baidu plans to release the next generation of its artificial intelligence model later this year. The source said that “foundational model” Ernie 5.0 will have “big enhancements in multimodal capabilities.” Micron Technology — Shares slid 3% following remarks from the semiconductor manufacturer at the Wolfe Semiconductor Conference on Tuesday morning. Micron said it had no updates to its second-quarter guidance, but does expect revenue growth in its fiscal third quarter. Kraft Heinz — The…

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Tesla is best positioned to benefit from the transformation of U.S. manufacturing by artificial intelligence merging with physical machines, according to Morgan Stanley. The U.S. manufacturing base has declined from 28% of the U.S. economy in 1953 to just 10% today, an all-time low. But AI is tailwind for domestic manufacturing that will bring down costs, analysts led by Adam Jonas told clients in a Wednesday note. “The opportunity is compounded by 25 years of US Manufacturing under-investment creating conditions for growth and exciting new alpha-generating ideas,” Jonas said. Tesla is the most diversified company developing physical AI or intelligent…

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FILE PHOTO: A Chevron gas station is seen in Austin, Texas, U.S., October 23, 2023. Brian Snyder | ReutersChevron will slash 15% to 20% of its workforce as the oil major implements a plan to cut costs, the company announced Wednesday.The layoffs will begin this year with most of the cuts complete before the end of 2026. The job cuts are part of its plans to slash costs by between $2 billion and $3 billion by the end of next year, according to Chevron.”We do not take these actions lightly and will support our employees through the transition,” Chevron Vice Chairman…

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