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Retail sales rise 0.7% in July from June as inflation continues to ease
Retail sales rise 0.7% in July from June as inflation continues to ease
Americans increased their spending last month as inflation continued to ease on eggs, electronics, used cars and other items, and the job market remains healthy
2023-08-15 20:57
Did xQc break up with Fran? Kick streamer reveals truth putting an end to rumors: 'I'm radiating something bad right now'
Did xQc break up with Fran? Kick streamer reveals truth putting an end to rumors: 'I'm radiating something bad right now'
xQc and Fran were first linked in June when affectionate pictures of the couple went viral across social media platforms
2023-07-31 13:17
Blinken visits Kyiv in show of support for Ukraine's efforts to push out Russia's forces
Blinken visits Kyiv in show of support for Ukraine's efforts to push out Russia's forces
U.S. Secretary of State Anthony Blinken has arrived in Kyiv on an unannounced visit, hours after Russia launched its first missile attack in a week against the Ukrainian capital
2023-09-06 17:00
Wall St set to dip at open, focus on inflation data
Wall St set to dip at open, focus on inflation data
By Sruthi Shankar and Amruta Khandekar (Reuters) -Wall Street was set to open marginally lower on Monday as investors awaited
2023-11-13 22:28
Nasdaq Futures Sink 1% as Earnings Disappoint: Markets Wrap
Nasdaq Futures Sink 1% as Earnings Disappoint: Markets Wrap
Stocks tumbled, with Nasdaq index futures losing about 1%, as investors punished companies reporting weaker-than-expected earnings. Meta Inc.
2023-10-26 17:49
DeSantis cornered on his Bud Light boycott after threatening legal action over stock drop
DeSantis cornered on his Bud Light boycott after threatening legal action over stock drop
Ron DeSantis threatened Bud Light’s parent company with legal action after the beer brand’s sales and stocks dropped because of right-wing backlash and transphobic boycotts over a transgender influencer’s sponsored social media post – a boycott that the Florida governor supported. Mr DeSantis, who is seeking the 2024 Republican nomination for president, defended the boycott in a lengthy, wide-ranging interview with Megyn Kelly on SiriusXM after outlining the potential impacts of poor sales and stock prices on the state’s pension fund, which holds stock in Anheuser-Busch and InBev. The right-wing news personality asked whether Mr DeSantis was “using government to punish citizens for political wrongthink,” an accusation often thrown at Democratic officials by conservatives. “No. Take Anheuser-Busch. We’re not punishing them. They departed from business practices by indulging in social activism. That has caused a huge problem for their company, and their stock price has gone down,” Mr DeSantis said. “Well, our pension fund in Florida holds Anheuser-Busch/InBev stock. So it’s actually hurt teachers, it’s hurt cops, it hurts firefighters who depend on that pension fund, and so –.” “Didn’t you support the boycott against them?” Ms Kelly interjected. “No, I did, but that’s just as a personal thing, but I mean we didn’t have, like, the state government, you know, necessarily, you know, putting power about it, but as an American I said I’m not doing Anheuser-Busch, I’m not doing Bud Light.” In a recent letter to a state agency that manages retirement accounts for state workers, Mr DeSantis suggested that InBev “breached legal duties to its shareholders” by associating with “radical social ideologies” after trans influencer Dylan Mulvaney posted a video to her Instagram account with a Bud Light can in May. The video sparked widespread outrage among Republican officials and right-wing personalities who have filmed themselves dumping out beers, shooting bottles and cans, and pledging to boycott Budweiser products because a trans person was featured in marketing. “All options are on the table,” Mr DeSantis wrote in his letter, though it’s unclear what the state can do to challenge the multinational company’s business decisions. “When you take your eye off the ball like that, you’re not following your fiduciary duty to do the best you can for your shareholders, so we’re going to be launching an inquiry about Bud Light and InBev, and it could be something that leads to a derivative lawsuit on behalf of the shareholders of the Florida pension fund,” Mr DeSantis told Fox News host Jesse Watters on 20 July. Ms Kelly also pressed the governor on his administration’s actions against the Walt Disney Company and its sprawling theme park campus in the state. The company and the DeSantis administration are suing one another following a feud over Disney’s opposition to what opponents have called Florida’s “Don’t Say Gay” law that boiled over into political and legal battles that could shape the company’s business in the state. The governor has overseen what is effectively a state takeover of the municipal board that managed Disney’s park campus for decades, a move that the company has called a “targeted campaign of government retaliation”. “Why can’t Disney oppose your law … without being punished by the state?” Ms Kelly asked the governor. Mr DeSantis accused the company of “weaponising” state subsidies to speak out against state policy. The Reedy Creek Improvement District was first created in 1967 to give Disney control of its land use, zoning rules and public services without putting a tax burden on Florida residents. “It’s not about entitlement,” Ms Kelly said. “If I go to my boss and I say, ‘You sexually harassed me,’ and then suddenly he reduces my salary from $200k to $100k, that’s retaliation.” Mr DeSantis dismissed the comparison. He accused Disney of supporting “sexualising kids” and putting its “corporate weight” behind that effort, as his administration and national agenda launches a crusade against inclusive classroom instruction and honest discussion of gender, sexuality, race and racism, as well as a series of policies that threaten LGBT+ people and gender-affirming healthcare for both transgender minors and trans adults. A motion filed in US District Court on 26 June argues that Mr DeSantis is entitled to “legislative immunity” that shields the actions of the governor and lawmakers in “the proposal, formulation, and passage of legislation.” Attorneys for Mr DeSantis argue that the governor and the secretary of Florida’s Department of Economic Opportunity are both “immune” from the suit. In filings this week, attorneys for the company argued that the governor is trying to evade responsibility for overseeing laws that “punish residents for political statements violating a state-prescribed speech code”. Read More Tim Scott rebukes DeSantis for new Florida Black history curriculum Republican congressman faces wrath of DeSantis campaign with call to ‘correct’ Black history standards DeSantis v Disney: Why Florida’s governor is at war with the Mouse
2023-07-29 05:46
Boy thrown from Tate Modern using wheelchair a lot less, family says
Boy thrown from Tate Modern using wheelchair a lot less, family says
The child survived a 100ft (30m) fall in 2019 but suffered life-changing injuries.
2023-09-04 17:29
Asian Stocks Set for Mixed Open After US Rally: Markets Wrap
Asian Stocks Set for Mixed Open After US Rally: Markets Wrap
Stocks in Asia are set for a mixed open, with optimism that the US will be able to
2023-05-19 06:48
France's 'getaway king' declines to appeal breakout conviction
France's 'getaway king' declines to appeal breakout conviction
A career criminal and self-described "freedom addict" who escaped a French jail in a hijacked helicopter will not appeal his 14-year sentence for the...
2023-11-07 20:47
Colombian drug lord 'Otoniel' sentenced to 45 years in prison by US court
Colombian drug lord 'Otoniel' sentenced to 45 years in prison by US court
Notorious Colombian drug lord Dairo Antonio Úsuga David, also known as "Otoniel," was sentenced to 45 years in prison Tuesday "for engaging in a continuing criminal enterprise as a leader of the multibillion-dollar paramilitary and drug trafficking organization known as the Clan del Golfo, federal prosecutors announced.
2023-08-09 08:20
Soaring temperatures and raging fires: Europe faces its second heat wave in a week
Soaring temperatures and raging fires: Europe faces its second heat wave in a week
Blisteringly high temperatures are expected to continue across parts of southern Europe this week, as the continent braces for its second extreme heat wave, putting people's health at risk and setting the stage for wildfires.
2023-07-17 23:17
The Northeast weekend weather curse is nearly two months old. Here's what's causing it and when it could end
The Northeast weekend weather curse is nearly two months old. Here's what's causing it and when it could end
Prepare for another dose of wet weekend weather in the Northeast, but this time, the dreary déjà vu comes with a twist -- some snowflakes may fly in high elevations.
2023-10-21 01:22