Business

Amrita Khalid

Oracle CEO Larry Ellison joined call about contesting Trump’s election loss

Oracle CEO Larry Ellison was involved in a call where a number of influential GOP figures—including Senator Lindsay Graham (R-SC), Fox News anchor Sean Hannity and Trump attorney Jay Sekulow — brainstormed ways to contest the 2020 presidential election, the Washington Posot. Details of the call which occurred on November 14, 2020 were revealed in …

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US economy is ‘nowhere near a recession this year,’ says economist

With turmoil in the markets, high inflation and impending interest rate hikes that will make borrowing money more expensive, many Americans are wondering if the economy is heading toward a recession. Goldman Sachs chairman Lloyd Blankfein said last weekend that “it’s certainly a very, very high risk factor,” and consumers should be “prepared for it.” …

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Musk denies he sexually harassed flight attendant on private jet

Elon Musk talks at the Automotive World News Congress at the Renaissance Center in Detroit, Michigan, January 13, 2015. REUTERS/Rebecca Cook//File Photo Register now for FREE unlimited access to Reuters.com Register OAKLAND, May 19 (Reuters) – Billionaire Elon Musk took to Twitter late on Thursday to denounce as “utterly untrue” claims in a news report …

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CDC advisors recommend booster shot for children ages 5 to 11

Placeholder while article actions load unlockThis article is free to access. why? The Centers for Disease Control and Prevention recommended Thursday that children ages 5 to 11 get a third dose of the Pfizer-BioNTech coronavirus vaccine to boost their immunity as cases and hospitalizations tick upward in many pockets of the United States. CDC director …

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Tesla Got Kicked Out of the S&P 500 ESG Index. Elon Musk Sounds Upset.

The US produces about 40% of its electricity from nuclear power and renewable sources. Chris Delmas/AFP via Getty Images Text size Tesla no longer qualifies for inclusion in the S&P 500 ESG Index. It’s a call that is likely to surprise investors, with the potential for a modest impact on the stock price. Tesla (ticker: …

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Target (TGT) Q1 2022 earnings

Target on Wednesday reported quarterly earnings that fell far short of Wall Street’s expectations, as the retailer coped with pricey freight costs, higher markdowns and lower-than-expected sales of discretionary items from TVs to bicycles. Shares fell about 22% in premarket trading. Here’s what Target reported for the fiscal first quarter ended April 30, compared with …

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Shanghai declares zero-Covid milestone but residents cast doubt on reopening

“Zero-Covid at the community level” means infections are no longer found outside centralized quarantine facilities or neighborhoods under the strictest lockdowns — and is a prerequisite for those measures to be lifted. Zhao Dandan, deputy head of the Shanghai Municipal Health Commission, said at a news conference Tuesday that all 16 districts of the Chinese …

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Stock futures rise to extend gains after Powell comments

US stock futures opened higher Tuesday afternoon after rallying during the regular trading day, as investors took in reassurances from Federal Reserve Chair Jerome Powell that the central bank was set on using its policies to bring down inflation still running at multi-decade highs. Contracts on the S&P 500 edged higher. The blue-chip index ended …

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