Author: Press Room

Clearlink CEO James Clarke said remote workers “quietly quit” and didn’t open laptops in a month, Vice reported. He also seemed to suggest caregivers aren’t as “productive” at work, per a video posted by Vice. A representative didn’t address the remarks, but said Clarke “could not be more excited” for the company. Loading Something is loading. Thanks for signing up! Access your favorite topics in a personalized feed while you’re on the go. download the app Clearlink’s CEO James Clarke reportedly told employees that he believed many remote workers have “quietly quit” and become so brazen that dozens at his…

China is building sophisticated cyber weapons to “seize control” of enemy satellites, rendering them useless for data signals or surveillance during wartime, according to a leaked US intelligence report.The US assesses that China’s push to develop capabilities to “deny, exploit or hijack” enemy satellites is a core part of its goal to control information, which Beijing considers to be a key “war-fighting domain”.The CIA-marked document, which was issued this year and has not been previously reported, was one of dozens allegedly shared by a 21-year-old US Air Guardsman in the most significant American intelligence disclosures in more than a decade.…

North Dakota’s Republican Gov. Doug Burgum signed a bill Wednesday banning gender-affirming care for most minors with the possibility of a felony for health care professionals who provide it. House Bill 1254 prohibits health care providers from performing a variety of gender-affirming care and procedures on those under the age of 18. Mike Nowatzki, communications director for the governor, confirmed the bill’s signature in an email Thursday. Burgum, in a statement to CNN, said the bill “is aimed at protecting children from the life-altering ramifications of gender reassignment surgeries,” although it also bars providers from prescribing minors puberty-blocking medication and…

The Anheuser-Busch InBev S.A. ADR BUD, -0.82% slumped 0.82% to $65.43 Thursday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index SPX, -0.60% falling 0.60% to 4,129.79 and Dow Jones Industrial Average DJIA, -0.33% falling 0.33% to 33,786.62. Anheuser-Busch InBev S.A. ADR closed $1.66 short of its 52-week high ($67.09), which the company achieved on March 31st. The ADR underperformed when compared to some of its competitors Thursday, as Kirin Holdings Co. Ltd. ADR KNBWY, +2.09% rose 2.09% to $16.11, San Miguel Corp. SMGBF, +6.82% rose 6.82% to $1.88, and…

Gold futures ended lower on Friday, leading prices to an overall loss for the week just a day after posting their second-highest settlement on record, as investors weighed expectations that the Federal Reserve may soon halt its campaign of interest rate increases.Price action Gold futures for June delivery GC00, -0.34% GCM23, -0.34% fell by $39.50, or 1.9%, to settle at $2,015.80 per ounce on Comex. Prices for the front-month contract lost 0.5% higher for the week, according to Dow Jones Market Data. Silver futures for May delivery SI00, -0.48% SIK23, -0.48% declined by 46 cents, or 1.8%, to $25.46 per…

Federal prosecutors have leveled a legal drop kick on former pro wrestler Ted DiBiase Jr., charging him with stealing millions of dollars meant to feed needy kids in a Mississippi scandal that has also tarnished the reputation of NFL Hall of Famer Brett Favre. DiBiase, 40, of Madison, Mississippi, is the latest to be charged in what has emerged as the state’s largest corruption case in which tens of millions of dollars meant to feed kids was instead allegedly steered to sham companies who pocketed the cash. Federal prosecutors say DiBiase, whose father was a star wrestler in the 1980s…

“ ‘You may have seen some news yesterday about my family.’ ” — Patrick Kennedy, referring to the public launch of cousin Robert F. Kennedy Jr.’s presidential campaign Former U.S. Rep. Patrick Kennedy threw cold water Thursday on his cousin Robert F. Kennedy Jr.’s longshot presidential bid, as the ex-congressman referred to “debunked claims that are out there about vaccines.” “You may have seen some news yesterday about my family,” said Patrick Kennedy, as he gave a short speech to attendees at a conference in Washington, D.C., run by Smart Approaches to Marijuana, a group he co-founded that opposes cannabis…

© Reuters. FILE PHOTO: A screen displays the logo and trading info for Western Alliance Bancorporation on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., March 14, 2023. REUTERS/Brendan McDermid By Noel Randewich (Reuters) – Shares of Western Alliance (NYSE:) Bancorp surged 24% on Wednesday after the U.S. regional bank posted stronger-than-expected earnings and said its deposits had stabilized, helping allay fears that last month’s banking crisis could envelop more lenders. The Phoenix, Arizona-based bank’s quarterly results also lifted the shares of other regional lenders punished by stock investors last month as consumers shifted…

By Ambar Warrick Investing.com — Oil prices fell slightly in early Asian trade on Monday as hawkish comments from Federal Reserve officials on rising interest rates pushed up the dollar, with focus now turning to a raft of Chinese economic readings this week for more cues on a recovery in demand.  A reading on China’s is due on Tuesday, and is expected to show that growth bounced back after the lifting of anti-COVID restrictions earlier this year. Separate readings on and are also due this week, as is a by the People’s Bank. This week’s data is expected to largely…

By Ann Saphir (Reuters) -U.S. economic activity was little changed in recent weeks as employment growth moderated somewhat and price increases appeared to slow, according to a Federal Reserve report published on Wednesday. “Expectations for future growth were mostly unchanged as well; however, two districts saw outlooks deteriorate,” the U.S. central bank said in its latest “Beige Book” compendium of surveys and interviews conducted across its 12 districts through April 10. “Contacts expected further relief from input cost pressures but anticipated changing their prices more frequently compared to previous years.” The Fed’s latest read on the state of the economy…