Author: Press Room

The pro-Trump cable outlet Newsmax and voting technology company Smartmatic settled a major 2020 election defamation lawsuit Thursday in a last-minute agreement to avert a high-stakes trial. The terms of the settlement were not immediately known. The deal comes hours after jury selection got underway in a Wilmington, Delaware, courtroom ahead of opening statements scheduled for Monday. The parties, and a court official, announced the settlement Thursday afternoon. “Newsmax is pleased to announce it has resolved the litigation brought by Smartmatic through a confidential settlement,” the network said in a statement. Smartmatic lawyer Erik Connolly said in a statement that the company was “very pleased to have secured the completion”…

Micron Technology, Inc. (NASDAQ:MU) Q4 2024 Post Earnings Conference Call September 24, 2024 5:00 PM ET Company Participants Satya Kumar – IRSumit Sadana – EVP and Chief Business OfficerManish Bhatia – EVP, Global OperationsMark Murphy – CFO Conference Call Participants Karl Ackerman – BNP ParibasHarlan Sur – JPMorganAaron Rakers – Wells FargoChris Caso – Wolfe ResearchHarsh Kumar – Piper SandlerMehdi Hosseini – SusquehannaBrian Chin – Stifel Nicolaus Operator Thank you for standing by and welcome to Micron’s Post Earnings Analyst Call. At this time all participants are in listen-only mode. After the speaker’s presentation there will be a question-and-answer session.…

Unlock the US Election Countdown newsletter for freeThe stories that matter on money and politics in the race for the White HouseDonald Trump has accused Ukraine’s President Volodymyr Zelenskyy of refusing to strike a deal to end the war with Russia and casting “aspersions” against him as he increased his attacks on Kyiv ahead of the US election. Speaking at an event in Charlotte, North Carolina, on Wednesday, Trump launched one of his most scathing attacks of the Ukraine’s leader, who on Thursday is set to meet Joe Biden, the US president, and vice-president Kamala Harris — Trump’s Democratic rival…

For the first time since 2006, the Centers for Medicare and Medicaid (CMS) didn’t release next year’s projected premiums and other data for Medicare Part D policies in July. Instead, the CMS has been reworking the program to keep Part D 2025 premiums from rising substantially, increases that would be announced around election time. Significant changes were made to Part D in recent laws. Beginning in 2025, out-of-pocket prescription drug spending for Part D policyholders will be limited to $2,000. But insurers and drug manufacturers will pay most of the cost of that benefit, which means Part D premiums are…

Our goal here at Credible Operations, Inc., NMLS Number 1681276, referred to as “Credible” below, is to give you the tools and confidence you need to improve your finances. Although we do promote products from our partner lenders who compensate us for our services, all opinions are our own. During the week of Sept. 16, 2024, average private student loan rates spiked for borrowers with credit scores of 720 or higher who used the Credible marketplace to take out 5-year variable-rate loans and dropped for 10-year fixed-rate loans. 10-year fixed rate: 7.99%, down from 8.57% the week before, -0.585-year variable rate:…

Stitch Fix, Inc. (NASDAQ:SFIX) Q4 2024 Earnings Conference Call September 24, 2024 5:00 PM ET Company Participants Hayden Blair – Investor RelationsMatt Baer – Chief Executive OfficerDavid Aufderhaar – Chief Financial Officer Conference Call Participants Youssef Squali – Truist SecuritiesDana Telsey – Telsey Advisory GroupAneesha Sherman – BernsteinMaria Ripps – Canaccord GenuityAlexander Vasti – William BlairMauricio Serna Vega – UBS Operator Good afternoon, and thank you for standing by. Welcome to the Fourth Quarter Fiscal Year 2024 Stitch Fix Earnings Call. At this time, all participants will be in a listen-only mode. After the speakers presentation you will be invited…

Hizbollah on Tuesday evening confirmed Israel had killed one of its top commanders, Ibrahim Qobeissi, in an air strike that rocked the southern suburbs of Beirut on Tuesday.Lebanese authorities said six people were killed and 15 injured in the attack that targeted Qobeissi, the head of the Iran-backed militant group’s missiles division.“Qobeissi was a significant source of knowledge in the field of missiles and had close ties to senior military leaders in Hizbollah,” the Israel Defense Forces said, naming him as head of the group’s missiles and rockets force.Tuesday’s strike marks the latest in a string of killings of senior…

There are things in life that are not a matter of opinion. They are a matter of math. We do not believe that financial decisions, whether they are about Roth IRA conversions, a snowbird lifestyle, or a gifting program for your children and grandchildren, should be based on an inclination or an unexamined “gut feeling.” Financial decisions should be based on a combination of goals and math. That isn’t to say ignore your gut, either do the math yourself or get professional help and then decide. If no one “runs the numbers” and you make critical financial decisions based on…

AAR Corp. (NYSE:AIR) Q1 2025 Earnings Conference Call September 23, 2024 5:00 PM ET Company Participants John Holmes – Chairman, President and CEOSean Gillen – Chief Financial Officer Conference Call Participants Scott Mikus – Melius ResearchMichael Ciarmoli – Truist SecuritiesKenneth Herbert – RBC Capital MarketsLouie DiPalma – William Blair Operator Good afternoon, everyone, and welcome to AAR’s Fiscal 2025 First Quarter Earnings Call. We’re joined today by John Holmes, Chairman, President, and Chief Executive Officer; and Sean Gillen, Chief Financial Officer. Before we begin, I’d like to remind you that the comments made during the call may include forward-looking statements…

China’s demand that the public sector step up use of domestic semiconductors can best be seen within Huawei’s Qingyun L540 laptop.The “safe and reliable” device features a self-designed processor and a Chinese-made operating system, having stripped out foreign-made components and software as much as possible.The computer, which is being snapped up by governments and state groups across the country, has become the signature model of China’s localisation campaign known as Xinchuang, or “IT application innovation”.For decades, Chinese officials have dreamt of creating a domestic tech supply chain, especially in building-block components like semiconductors. Progress was slow. But Washington’s ratcheting embargo on…