In a shocking revelation, the Department of Justice (DOJ) announced on Friday that former New York Governor Andrew Cuomo subjected at least 13 women to a “sexually hostile work environment.” The DOJ’s findings were a result of their investigation launched in August 2021, the same month Cuomo resigned amid mounting sexual harassment allegations. According to
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Intel, the largest semiconductor maker by revenue, faced a sharp decline in its shares during extended trading on Thursday after the company issued a disappointing outlook for the first quarter of 2024. Despite beating Wall Street estimates for the latest quarter, Intel’s forecast for the upcoming quarter fell short of analyst expectations. The chipmaker expects
According to a recent research estimate published in JAMA Internal Medicine, the implementation of abortion bans following the overruling of Roe v. Wade has resulted in more than 64,000 women and girls becoming pregnant due to rape. This staggering statistic sheds light on the devastating consequences of restrictions on reproductive rights, particularly in states with
Tesla, the electric vehicle pioneer, is set to release its fourth-quarter earnings report for 2023, and analysts are eager to see how the company performed. According to estimates compiled by LSEG, formerly known as Refinitiv, analysts expect Tesla to report earnings of 74 cents per share and revenue of $25.6 billion. These figures indicate a
In a recent fourth-quarter earnings conference call, Netflix co-Chief Executive Officer, Ted Sarandos, reiterated the company’s stance on its newly acquired deal to license WWE’s Raw for the next decade. Sarandos emphasized that professional wrestling falls under the category of “sports entertainment” rather than actual sports. He stated, “WWE is sports entertainment. It’s really as
The S&P 500 has officially entered into a bull market, which suggests that the broader index may experience further upside in the near future, according to CFRA Research. Last week, the broad market index surpassed its previous record high from January 2022, recovering all the losses incurred during the recent bear market. This achievement is
The Federal Reserve’s decision on interest rate cuts has become a hot topic that significantly influences the direction of the economy and the stock market. This article examines how two upcoming economic reports could shape the central bank’s policymakers’ stance and consequently affect market reactions. These reports, released by the Commerce Department, include the initial
As Japan proudly joins the league of nations that have successfully landed on the moon’s surface, it is quite evident that lunar missions are becoming more commonplace. In fact, it is estimated that over 100 lunar missions will take place by 2030. With countries like the US, Russia, China, and India already leading the charge,
Stellantis CEO, Carlos Tavares, announced on Friday that the company will not sell electrified vehicles at a loss like other automakers have done in the past. This marks a significant departure from the norm, as many automakers have resorted to selling EVs at a loss in order to drive sales, meet fuel economy standards, or
Shares of chip manufacturers AMD and Nvidia reached unprecedented highs on Thursday, propelled by the ever-increasing demand for chips that power artificial intelligence (AI). AMD’s stock surged over 1% during trading to achieve its highest-ever closing price of $162.67, while Nvidia experienced a similar boost of just under 2% to reach $571.07. Both companies have