Author: Press Room
© Reuters. FILE PHOTO: Ballot boxes miniatures are seen in front of displayed Dominion Voting Systems and Fox logos in this illustration taken April 6, 2023. REUTERS/Dado Ruvic/Illustration By Helen Coster (Reuters) – Dominion Voting Systems’ defamation lawsuit against Fox, which resulted in Tuesday’s $787.5 million settlement, is part of a broader legal campaign by the company to seek accountability from companies and individuals whom it claims have spread falsehoods about its technology. MIKE LINDELL Dominion in February 2021 filed a $1.3 billion suit against MyPillow Inc and its chief executive, election conspiracy theorist Mike Lindell, who falsely claimed that…
By Michelle Nichols UNITED NATIONS (Reuters) – The extension of a deal allowing the safe Black Sea export of Ukrainian grain and fertilizers beyond May 18 hangs in the balance after Russia issued a list of demands linked to a related agreement on its own such exports. Here are details on the deals brokered by the United Nations and Turkey and signed in Istanbul in July last year, along with Russia’s demands and U.N. efforts to appease Moscow. UKRAINE BLACK SEA GRAIN EXPORT DEAL Brokered by the United Nations and Turkey, the deal has so far allowed Ukraine to safely…
WASHINGTON (Reuters) – Internal Revenue Service Commissioner Danny Werfel urged Congress on Wednesday to approve a $1.8 billion annual budget increase as Republicans criticized the agency’s spending plans for $80 billion in new long-term funding as too heavy on enforcement. Werfel told a Senate Finance Committee hearing that the Biden administration’s $14.1 billion fiscal 2024 IRS budget request would allow for further improvements in taxpayer services after the agency improved its call center response times with 5,000 new employees funded by last year’s Inflation Reduction Act. The $80 billion that legislation over a decade provides for investments to beef up…
Bitcoin prices dropped today, flirting with the $28,000 price level after building upon their recent losses. The world’s most valuable digital currency by market capitalization declined to $28,010 this afternoon, according to CoinDesk data. At this point, it was down nearly 8% after rising to approximately $30,400 two days earlier, additional CoinDesk figures show. When explaining this latest activity, analyst Tim Enneking emphasized the key role played by the Federal Open Market Committee (FOMC), which has increased its benchmark federal funds rate by 475 points since March 2022. This group of 12 policymakers meets early next month, when many expect…
A tipster revealed to StopWoke that Rocket Mortgage is putting tampons in men’s restrooms as part of an initiative from the company’s LGBTQI+ resource group “Perspectives.” “What we found through a tipster is that Rocket Mortgage is providing tampons in the men’s restroom across their company as a part of this sort of far-left LGBT initiative from their sort of LGBT resource group,” StopWoke founder Rob Smith told “Varney & Co” Thursday. “Rocket Mortgage originated over 400,000 loans in 2022 at an amount of around $127 billion. They are a major player in the mortgage business. So how much of their…
Check out the companies making the biggest moves in premarket trading:Tesla — The electric vehicle maker tanked about 7% after reporting net income and earnings that fell more than 20% from last year. CEO Elon Musk said an uncertain macroenvironment could impact people’s decisions to buy cars.IBM — The tech stock rose more than 1% in premarket trading after the company reported an earnings beat. IBM posted adjusted earnings of $1.36 per share, compared to $1.26 per share as expected by analysts, according to Refinitiv. However, its revenue came in below expectations as parts of the company’s infrastructure business showed…
SOUTH PADRE ISLAND, Texas — Elon Musk’s SpaceX on Thursday launched its Starship rocket for the first time, but fell short of reaching space after exploding in mid-flight. No crew were on board.It’s the culmination of years of regulatory work and technological tests for SpaceX and the largest and most powerful rocket ever built.The company made a first go at getting this launch off the ground on Monday, but a pressure valve in the Super Heavy booster apparently froze. SpaceX teams worked to resolve a number of unidentified issues to make a second attempt possible Thursday.SpaceX leadership repeatedly stressed the…
Editor’s Note: A version of this story appeared in CNN Business’ Nightcap newsletter. To get it in your inbox, sign up for free, here. The CEOs are not all right. Just this week, there have been two high-profile face-plants by company leaders who ostensibly wanted to inspire their staffs and wound up doing…the opposite of that. Both happened on video calls. Both were astonishingly tone-deaf. We had Andi Owen, CEO of furniture company MillerKnoll, admonishing her employees after some dared to inquire about their bonuses and how they should stay motivated if they’re not getting incentive pay. Her response was,…
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Thursday April 20th 2023 – Ecoterra, a unique blockchain-based recycle2earn app, has surpassed the $2 million mark in its presale, attracting eager investors looking to capitalize on the growing demand for sustainable cryptocurrencies. Prospective investors who want to benefit from the current low price will need to expedite their decision-making or miss their opportunity. There are eight days left in the current Stage 4 of the presale. But this stage will sell out well before then as there is only $450,000 to go. Ecoterra has been selling at a rate that averages around $200,000 per day, so Stage 4 may sell out over…
