Stay informed on all the biggest stories in Formula One. Sign up here to receive the Prime Tire newsletter in your inbox every Monday and Friday.Buddy Boren was circling a good idea.Early in 1983, the lifelong Dallas resident called his friend, Dallas construction owner Larry Waldrop. They met at Arthur’s, an upscale steakhouse near Park Cities, one of Dallas-Fort Worth’s wealthiest enclaves. Oil paintings, dark wood, clinking glass — it was the ideal place for business associates to meet and figure out how to fund a wild idea.Or, in Waldrop’s case, to encourage a wilder one. Boren, who grew up working on cars…
Author: usaeverydaylife
Visitors walk on the Sannenzaka slope in Kyoto, Japan, on Sunday, June, 26, 2022.Kosuke Okahara | Bloomberg | Getty ImagesVisitor spending in Japan broke an annual record in just nine months, official data showed on Wednesday, demonstrating the economic power of a tourism boom fueled by the weak yen.Travelers spent 5.86 trillion yen ($39.27 billion) through September, preliminary figures from the Japan National Tourism Organization showed. That eclipsed the 5.3 trillion yen spent in all of 2023, a record for any 12-month period.Tourism spending, classified as an export in national accounts, is poised to become Japan’s second-biggest export sector after autos and ahead of electronic components.The average visitor spent 223,000 yen…
Nine health-care stocks have more than doubled in price this year, but still have more than 100% upside potential, according to analysts. CNBC Pro screened more than 85,000 firms worldwide for stocks that have risen by 100% so far in 2024. They are all covered by at least five or more analysts, and a have a median price target pointing to more than 100% upside potential over the next 12 months. The Nasdaq-listed stocks are Jasper Therapeutics , Corbus Pharmaceuticals , Rezolute , Trevi Therapeutics , Delcath Systems , Benitec Biopharma , Arcutis Biotherapeutics , Praxis Precision Medicines and Humacyte…
The national coordinator of college football officials handed down a rule interpretation Wednesday meant to close the loophole Oregon exploited in its victory against Ohio State by giving the offensive team the choice to reset the game clock if the defense plays with 12 or more players in the final two minutes of either half.On Saturday, Oregon seemed to intentionally use 12 players on what proved to be the second-to-last play of its 32-31 win against the Buckeyes in an attempt to drain the clock. While the Ducks were penalized on the ensuing incomplete pass, the four seconds coming off…
China will never commit to renouncing the use of force over Taiwan, the government in Beijing said on Wednesday after another bout of war games and a visit by Chinese President Xi Jinping to the scene of a famous defeat for Taiwanese forces.Ronniechua | Istock | Getty ImagesChina will never commit to renouncing the use of force over Taiwan, the government in Beijing said on Wednesday after another bout of war games and a visit by Chinese President Xi Jinping to the scene of a famous defeat for Taiwanese forces.China, which views democratically governed Taiwan as its own territory, staged a day of large-scale drills around the…
Stocks bounced on Wednesday, and the Dow posted a second record close this week. Here’s what CNBC is watching going into Thursday. Source link
Vice President and Democratic presidential candidate Kamala Harris arrives for a campaign event at the Dort Financial Center in Flint, Michigan, October 4, 2024. Geoff Robins | Afp | Getty ImagesKamala Harris on Wednesday distanced herself from President Joe Biden and bashed her Republican presidential rival Donald Trump in a heated interview with Fox News anchor Brett Baier.”Let me be very clear, my presidency will not be a continuation of Joe Biden’s presidency,” Harris said on the conservative news network, after Baier pressed her on whether the vice president would do anything differently than the incumbent.”And like every new president that…
Advocacy group Tax Justice Network has ranked the British Virgin Islands, followed by the Cayman Islands and Bermuda as “most complicit” in helping corporations underpay corporate income tax.Traffic_analyzer | Digitalvision Vectors | Getty ImagesBritish overseas territories are the world’s top enablers of corporate tax abuse, according to a ranking by tax advocacy group Tax Justice Network. The British Virgin Islands is the territory “most complicit” in helping multinational corporations underpay corporate income tax, followed by the Cayman Islands and Bermuda, according to the latest update to TJN’s Corporate Tax Haven Index earlier this month. “The UK and its network of British tax…
The Boston Breakers didn’t die for this.Six years after the Breakers, the previous attempt at an NWSL club in Boston was shuttered, its players scattered via a dispersal draft, and a history stretching back to the wake of the 1999 World Cup and the rise of WUSA brought to a sad conclusion, The second attempt at a first-division franchise has its new name and club colors.The 15th NWSL team, announced in September 2023 as one of two expansion teams joining the league in 2026, will be called BOS Nation FC . The ownership group announced the name and club’s colors…
A flag of Japan flies near cargo containers at Tokyo’s Odaiba Waterfront on August 6, 2020.BEHROUZ MEHRI | Contributor | Getty ImagesAsia-Pacific markets are set to open higher on Tuesday, following gains on Wall Street that saw the Dow Jones Industrial Average reach a record close amid a strong start to the earnings season.Investors in Asia will asses trade data out of Japan and job numbers out of Australia set for release later in the day.Japan’s Nikkei 225 futures pointed to a higher open for the market, with the futures contract in Chicago at 39,570 and its counterpart in Osaka at…