generic Market recap for Thursday, August 30th
Stocks knocked as Trump says China tariffs are coming
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Stocks knocked as Trump says China tariffs are coming
There have been no cases of chronic wasting disease in people to date, the CDC says. But it is still investigating the potential risks.
“Investigate what?” an Israel Defense Forces spokesperson said.
Federal authorities say a “critical safety gap” in Tesla’s Autopilot system contributed to at least 467 collisions, 13 resulting in fatalities and “many others” resulting in serious injuries.
With the historic potential ban potentially vulnerable in court, the Senate has been trying to shore up its case.
The Artificial Intelligence Safety and Security Board includes figures like OpenAI CEO Sam Altman, Microsoft CEO Satya Nadella and Alphabet CEO Sundar Pichai.
Southwest Airlines is studying changes to its quirky boarding and seating policies as it searches for ways to raise more revenue. Airline officials say they are studying possible changes but won't have anything to announce until September. CEO Robert Jordan says he is proud of Southwest's “product,” but it was developed when flights weren't as full as they are today, and customers' preferences change over time, prompting the “deep dive” into “transformational options” in boarding and seating.
Stellar earnings from the 'Magnificent Seven' duo have reignited optimism for a rally, but the PCE inflation print could put a spoke in the wheel.
Home products retailer Williams-Sonoma will have to pay almost $3.2 million for violating a Federal Trade Commission “Made in USA” order. Williams-Sonoma was charged with advertising multiple products as being “Made in USA” when they were in fact manufactured in other countries, including China. The FTC said Friday that Williams-Sonoma has agreed to a settlement, which includes a $3.175 million civil penalty.
President Joe Biden's administration on Friday formally began planning for a potential presidential transition, aiming to ensure continuity of government no matter the outcome of November's general election. Shalanda Young, the director of the Office of Management and Budget, sent memos to all executive departments and agencies, directing them to name a point person for transition planning by May 3. Next week, White House chief of staff Jeff Zients — who also chaired Biden's 2020 transition effort — will lead the first meeting of the White House Transition Coordinating Council, which consists of senior White House policy, national security and management officials, as required by the Presidential Transition Act.
Mass graves with hundreds of bodies were discovered at Nasser Hospital in Khan Younis and Al-Shifa Hospital in Gaza City.
With a relatively low average monthly cost of living and a low crime rate, this little-known town has a lot to offer retirees according to one report.
A bill that sought to ban the use of confidentiality agreements when negotiating potential laws in California has failed to pass a state legislative committee. The proposal by Republican Assemblymember Vince Fong failed to get enough votes to pass out of the Assembly Elections Committee on Thursday. The legislation was inspired by last year's negotiations over a bill that mandated a $20 minimum wage for fast-food workers.
President Joe Biden's government on Friday said it was taking more time to consider a ban on menthol cigarettes, amid fears it could alienate Black voters in a tough election year. In South Carolina, conservative group Building America's Future sent letters to around 75,000 Democrat voters in February listing Biden's proposed menthol cigarette ban as a reason not to vote for him in that month's primary vote.
The Biden administration is reviewing whether to restrict aid to an Israeli military battalion after determining that it was one of three battalions credibly implicated in gross human rights violations against Palestinians in the occupied West Bank prior to Hamas' Oct. 7 attack, according to a letter obtained by NBC News.
WASHINGTON (Reuters) -Erich Andersen, general counsel for TikTok and Chinese parent company ByteDance, will step down from that role in June to focus on fighting efforts to force a sale of the video app in the U.S., the company said on Friday. Andersen will remain at the company and become its special counsel to lead TikTok's effort to overturn legislation signed into law by President Joe Biden on Wednesday that gives ByteDance 270 days to divest short-video app TikTok in the United States or face a ban.
Joe Biden said Friday he is ready to face off against his White House challenger Donald Trump in a presidential debate, with the Republican, ensnarled in multiple criminal cases, proposing to hold the verbal duel at a New York courthouse without delay. ANYWHERE, ANYTIME, ANYPLACE." Trump, who accuses Biden of using the justice system to undermine his White House bid, proposed holding the debate either at his campaign rallies in the midwestern state of Michigan next week -- or as early as Friday
An American Airlines flight attendant was indicted Thursday after authorities said he tried to secretly record video of a 14-year-old girl using an airplane bathroom last September. Police have also alleged that Estes Carter Thompson III, 36, of Charlotte, North Carolina, had recordings of four other girls using lavatories on an aircraft where he worked. Thompson was indicted on one count of attempted sexual exploitation of children and one count of possession of images of child sexual abuse depicting a prepubescent minor.
Harvey Weinstein's 2020 rape conviction was overturned Thursday by the New York Court of Appeals and many are wondering what happens next.
A proposed ban on menthol cigarettes in the US “will take significantly more time,” US Health and Human Services Secretary Xavier Becerra said in a statement Friday.
She called 911 3 times on her partner, then disappeared. As he awaits trial, a family's desperate search for their daughter nears its fifth month.