It wasn’t me: Ex-UK PM Truss blames ‘system’ for her failure

It wasn’t me: Ex-UK PM Truss blames ‘system’ for her failure

LONDON — Former British Prime Minister Liz Truss says her failure wasn’t her fault. Truss on Sunday blamed a “powerful economic establishment” and internal Conservative Party opposition for the rapid collapse of her government, and said she still believes her tax-cutting policies were the right ones. Britain’s shortest-serving prime minister resigned in October, six weeks … Read more

Jury: Musk didn’t defraud investors with 2018 Tesla tweets

Jury: Musk didn’t defraud investors with 2018 Tesla tweets

SAN FRANCISO — A jury on Friday decided Elon Musk didn’t defraud investors with his 2018 tweets about electric automaker Tesla in a proposed deal that quickly unraveled and raised questions about whether the billionaire had misled investors. The nine-member jury reached its verdict after less that two hours of deliberation following a three-week trial. … Read more

Dow and S&P 500 updates: Stock market news today

Dow and S&P 500 updates: Stock market news today

A ‘now hiring’ sign is displayed in a window of a store in Manhattan, NY, on December 2, 2022. (Spencer Platt/Getty Images) The January jobs report is possibly the biggest labor market surprise ever. Economists were expecting just 185,000 jobs were added last month, but Friday’s number blew that estimate out of the water and … Read more

US adds a surprisingly strong 517,000 jobs despite Fed hikes

US adds a surprisingly strong 517,000 jobs despite Fed hikes

WASHINGTON — America’s employers added a stunning 517,000 jobs in January, a surprisingly strong gain in the face of the Federal Reserve’s aggressive drive to slow growth and tame inflation with higher interest rates. The unemployment rate dipped to 3.4%, the lowest level since 1969. Friday’s government report added to the picture of a resilient … Read more

Apple, Amazon and Google report earnings

Apple, Amazon and Google report earnings

Google’s new Bay View Campus in Mountain View, California, seen in May 2022. (Peter DaSilva/Reuters) Google-parent Alphabet reported a steep decline in profit and nearly flat revenue growth for the final three months of last year, as the company confronted increased competition in the digital ad market and a pullback in advertiser spending due to economic uncertainty. Alphabet posted $13.6 … Read more

Amazon Stock Falls on Mixed Earnings Report and Weak Forecast. AWS Missed Too.

Amazon Stock Falls on Mixed Earnings Report and Weak Forecast. AWS Missed Too.

Text size Investors are looking for evidence that Amazon.com is made progress on its push to rein in costs. David Ryder/Bloomberg Amazon . com shares were falling in late trading Thursday after the company posted mixed results for the fourth quarter, with better-than-expected sales growth, but weaker-than-anticipated profits, due largely to a loss on the company’s … Read more

Penn sports betting business posts fourth quarter profit

Penn sports betting business posts fourth quarter profit

In this photo illustration, the Penn Entertainment logo is displayed on a smartphone mobile screen. Rafael Henrique | SOPA Images | Lightrocket | Getty Images Penn Entertainment on Thursday became the first U.S. gambling company to post a profit in its sports betting business during the final three months of a year. Usually, it’s tougher … Read more

Eye drops linked to US drug-resistant bacteria outbreak

Eye drops linked to US drug-resistant bacteria outbreak

NEW YORK — U.S. health officials are advising people to stop using over-the-counter eye drops that have been linked to an outbreak of drug-resistant infections. The Centers for Disease Control and Prevention on Wednesday night sent a health alert to physicians, saying the outbreak includes at least 55 people in 12 states. One died. Disease … Read more

White House transfers Guantanamo detainee to Belize – MSNBC

White House transfers Guantanamo detainee to Belize – MSNBC

White House transfers Guantanamo detainee to Belize  MSNBC Tortured Guantánamo Detainee Is Freed in Belize  The New York Times U.S. transfers Pakistani Guantanamo Bay detainee  Reuters View Full Coverage on Google News