A view of the Pentagon on December 13, 2024, in Washington, DC. Home to the US Defense Department, the Pentagon is one of the world’s largest office buildings.Daniel Slim | Afp | Getty ImagesOne of U.S. Defense Secretary Pete Hegseth’s leading advisers, Dan Caldwell, was escorted from the Pentagon on Tuesday after being identified during an investigation into leaks at the Department of Defense, a U.S. official told Reuters.Caldwell was placed on administrative leave for “an unauthorized disclosure,” the official said, speaking on condition of anonymity. The decision has not been previously reported.”The investigation remains ongoing,” the official said without providing…
Author: usaeverydaylife
Dylan Field, co-founder and CEO of Figma Inc., after the morning sessions at the Allen & Co. Media and Technology Conference in Sun Valley, Idaho, on July 11, 2024.Bloomberg | Bloomberg | Getty ImagesDesign software maker Figma said on Tuesday that it has submitted paperwork to the U.S. Securities and Exchange Commission for an initial public offering.The confidential filing lands 16 months after the company scrapped a deal to be acquired by Adobe for $20 billion due to regulatory pressure in the U.K. The San Francisco startup had originally agreed to the deal 2022. Adobe paid Figma a $1 billion…
Nvidia CEO Jensen Huang delivers the keynote address during the Nvidia GTC 2025 at SAP Center on March 18, 2025 in San Jose, California. Justin Sullivan | Getty ImagesNvidia said on Tuesday that it will take a quarterly charge of about $5.5 billion tied to exporting H20 graphics processing units to China and other destinations. The stock slid almost 5% in extended trading.On April 9, the U.S. government told Nvidia it would require a license to export the chips to China and a handful of other countries, the company said in a filing.The disclosure is the strongest sign so far that…
Check out the companies making headlines after the bell : United Airlines — The airline popped nearly 7% after posting first-quarter adjusted earnings of 91 cents per share, while analysts polled by LSEG had expected 76 cents in earnings per share. However, United Airlines’ revenue of $13.21 billion came in below the $13.26 billion forecast. Shares of Delta Air Lines added 4% and Southwest Airlines rose almost 2% in sympathy. Interactive Brokers — Shares slipped 5% after the electronic trading platform reported first-quarter earnings of $1.88 per share, excluding items, while analysts had expected earnings of $1.92 per share, according…
The market volatility of the past few weeks has put the stocks of many well-known companies under the microscope, creating potential trading opportunities. Jeff Kilburg, founder and CEO of KKM Financial, said on CNBC’s ” Power Lunch ” on Tuesday that now could be the time for investors to make moves with some familiar stocks. Netflix One stock that Kilburg identified is streaming giant Netflix . Shares rose more than 4% on Tuesday after a Wall Street Journal report about the company’s ambitious growth plans. The stock, which is seen as at least somewhat resistant to concerns about a recession…
A traffic light is red outside the U.S. Internal Revenue Service (IRS) building after it was reported the IRS will lay off about 6,700 employees, a restructuring that could strain the tax-collecting agency’s resources during the critical tax-filing season, in Washington, D.C., Feb. 20, 2025. Kent Nishimura | ReutersAround 20,000 Internal Revenue Service employees have expressed interest in accepting the Trump administration’s latest deferred resignation offer, a source familiar with the matter told CNBC on Tuesday.The agency, which grew to more than 102,000 workers in 2024, would shrink by roughly 20% if all of those staffers ultimately take the buyout offer.Those…
In March, Kat Bolstad returned from an Antarctic expedition where she had used a new camera system specially built to search for the elusive colossal squid.No one had captured footage of one of these animals swimming in the deep sea. She didn’t spot one on this voyage either.On the day she left the ship, though, Dr. Bolstad, a deep sea cephalopod biologist, learned about a recent video taken on March 9 from the South Sandwich Islands. fA dive team searching for new marine life, in a Schmidt Ocean Institute submersible, had happened upon a young cephalopod, and people wanted Dr.…
A United Airlines Boeing 767 passenger aircraft approaches Newark Liberty International Airport as trucks travel near the Port Jersey Container Terminal in Jersey City, New Jersey, on April 8, 2025.Charly Triballeau | Afp | Getty ImagesUnited Airlines is planning to cut flights starting this summer to match disappointing domestic travel demand while bookings for pricier, international trips remain strong.The carrier warned Tuesday that a recession could drive down profits this year, but said that booking trends are stable, and maintained its current full-year earnings forecast.The company left in place expectations issued in January for adjusted earnings per share of $11.50…
Dividend payers offered investors a measure of safety during a turbulent March, and Bank of America called out a few names that stood out when times became rocky. Stocks in the value and dividends category put on strong performances in March, as uncertainty around President Donald Trump’s tariff policy rattled the major averages, Bank of America found. The S & P 500 fell about 5.8% last month, and it’s already down more than 3% in April. “In March, as global equities fell -4.1% on concerns tariffs could increase and slow growth, the best performing global styles were Value and Dividends,”…
The entrance portal to the Epic Universe theme park in Orlando, Florida, on April 5, 2025.Bloomberg | Getty ImagesEpic things are coming to Orlando.In a little more than a month, Universal will officially open the doors of its newest theme park, the first major theme park in the Florida area in 25 years, spurring a major shift in Orlando’s tourism industry.Epic Universe is the largest of all Universal properties at 750 acres and features five themed worlds: The Wizarding World of Harry Potter – The Ministry of Magic, Super Nintendo World, How to Train Your Dragon – The Isle of…
