Christian Lindner, Germany’s finance minister, during a meeting Janet Yellen, US treasury secretary, not pictured, at the annual meetings of the IMF and World Bank in Washington, DC, US, on Thursday, Oct. 24, 2024.Ting Shen | Bloomberg | Getty ImagesGerman Finance Minister Christian Lindner on Friday warned that if the U.S. kicked off a trade war with the European Union, there could be retaliation.”Trade controversy sees never winners, only losers,” Lindner told CNBC’s Karen Tso on the sidelines of the International Monetary Fund’s annual meeting in Washington, D.C.What U.S. trade policy could look like if Donald Trump were elected as…
Author: usaeverydaylife
A handful of companies reporting results in the upcoming week could see an earnings-powered boost. Next week is slated to be the busiest one of the earnings season, with one-third of the S & P 500 and 10 names in the 30-stock Dow Jones Industrial Average due to report their latest earnings. Megacap titans Microsoft , Amazon and Apple will headline the week, alongside other names within the travel, pharmaceuticals, energy and restaurant sectors. So far, about 36% of the S & P 500 companies have reported, and more than 7 out of 10 have posted an earnings beat, according…
A quarter pounder with cheese, fries, and a drink arranged at a McDonald’s restaurant in El Sobrante, California, US, on Wednesday, Oct. 23, 2024.David Paul Morris | Bloomberg | Getty ImagesA deadly E. coli outbreak linked to McDonald’s Quarter Pounders has led to 75 cases in 13 states, the Centers for Disease Control and Prevention said on Friday, as it investigates the source of the spread. The outbreak has led to 22 hospitalizations and one previously reported death of an older adult in Colorado.Out of 61 patients with information available, 22 have been hospitalized and two people have developed a serious…
Voters wanting to cast an early vote line up outside the Elena Bozeman Government Center for a polling station to open in Arlington, Virginia, on September 20, 2024. – | Afp | Getty ImagesA federal judge on Friday blocked Virginia from purging its voter rolls of alleged noncitizens and ordered the state to reinstate more than 1,600 people who had already been bounced from those lists.Judge Patricia Giles in her ruling agreed with arguments by the U.S. Department of Justice, which said the purge ordered by Gov. Glenn Youngkin on Aug. 7 was issued too close to Election Day.Federal law bars…
Spirit Airlines baggage tags are seen near a check-in counter at the Austin-Bergstrom International Airport on April 10, 2024 in Austin, Texas. Brandon Bell | Getty ImagesSpirit Airlines shares surged after the struggling budget carrier said it would cut jobs and sell aircraft.The carrier late Thursday laid out a plan to reduce costs and raise cash by selling 23 older Airbus aircraft. That sale will bring in $519 million, Spirit said in a securities filing.It also said it will reduce costs by about $80 million, mostly through job cuts.Last week the airline again delayed a deadline to refinance more than $1 billion in debt until late December, giving it…
South Florida men’s basketball coach Amir Abdur-Rahim died Thursday while undergoing a medical procedure, the school confirmed. Abdur-Rahim was 43.The school said in a statement that complications arose during his treatment at a Tampa-area hospital.“All of us with South Florida Athletics are grieving with the loved ones of Coach Abdur-Rahim,” athletic director Michael Kelly said in a statement. “He was authentic, driven, and his infectious personality captivated all of Bulls Nation. Coach Abdur-Rahim leaves a lasting impact on our student-athletes, the University, and the community.”Abdur-Rahim was seen as a rising star in the profession and a potential major program coach.…
In this photo illustration, a McDonald’s Quarter Pounder hamburger meal is seen at a McDonald’s on October 23, 2024 in the Flatbush neighborhood in the Brooklyn borough of New York City. Michael M. Santiago | Getty ImagesAs McDonald’s and health authorities race to contain a deadly E. coli outbreak, the burger chain faces challenges in the months ahead to keep the trust of diners and investors.Shares of the fast-food giant have fallen 5% since the Centers for Disease Control and Prevention issued an advisory notice Tuesday, warning that the company’s Quarter Pounder burgers have been linked to an E. coli outbreak…
The next generation of nuclear technology could be moving closer to becoming a reality, driven by the tech sector’s growing demand for electricity to power artificial intelligence. Small modular reactors (SMRs) promise to reduce capital costs and accelerate construction timelines that typically plague nuclear plants, but the technology has struggled to reach the commercial stage. The difference now is the appetite of tech companies for fossil-free fuel. Amazon and Google, a unit of Alphabet , made back-to-back announcements this month putting real money behind these reactors. “In the absence of these tech companies, no one was going to build an…
A Waymo autonomous self-driving Jaguar taxi drives along a street on March 14, 2024 in Los Angeles, California. Mario Tama | Getty ImagesWaymo has closed a $5.6 billion funding round to expand its robotaxi service in and beyond Los Angeles, San Francisco and Phoenix, where it operates today.The autonomous vehicle venture is owned by Google parent Alphabet, which led the series C investment in Waymo, alongside earlier backers including Andreessen Horowitz (a16z), Fidelity, Perry Creek, Silver Lake, Tiger Global and T. Rowe Price.In a statement to CNBC, Waymo co-CEOs Tekedra Mawakana and Dmitri Dolgov said the funding would go toward expansion…
Conventional wisdom has it that being tall is advantageous. The problem with conventional wisdom is that it’s often wrong.There are studies that correlate height with happiness and higher salaries, admittedly at the cost of shorter lifespans.In certain sports, elite athletes are almost exclusively big, such as basketball, rowing (except the cox) and volleyball (except the libero). Successful Olympic swimmers have become bigger and heavier in recent decades.Sports, their rules and their methods of scoring and movement select ideal body types. In gymnastics, horse riding and marathon running, athletes are much smaller.Physiological specifics beyond rudimentary height measurements — such as the…
