By Suzanne McGee (Reuters) – Cathie Wood, founder and CEO of ARK Investment Management, defended the strategy of the firm’s money-losing flagship fund, telling investors in a letter released late on Wednesday that its fortunes will reverse when interest rates fall. The ARK Innovation ETF fund has taken investors on a rollercoaster ride in recent
US
By Jonathan Stempel (Reuters) – Elon Musk won dismissal of a lawsuit claiming he refused to pay at least $500 million of severance to thousands of Twitter employees he fired in mass layoffs after buying the social media company now known as X. U.S. District Judge Trina Thompson in San Francisco ruled on Tuesday that
This article originally appeared on pittsburghbaseballnow.com. Joey Bart hit a grand slam and Rowdy Tellez connected on the 100th home run of his career as part of a five-homer night for the Pittsburgh Pirates in a 12-2 win over the Milwaukee Brewers at American Family Field on Tuesday. For the second-straight game, the Pirates (44-47)
NBC News’ Ali Vitali has details on a meeting among House Democrats amid concerns over President Biden’s campaign. Some Democrats are still voicing their support for the president, with Rep. Jim Clyburn, D-S.C., telling reporters he’s “ridin’ with Biden.” Read original article here.
Jay Slater’s father has voiced his frustration as the search for his 19-year-old son enters a fourth week. It is now three weeks exactly since the teenager vanished in Tenerife’s Rural de Teno park on Monday 17 June. The case has captured the attention of the nation, with over £50,000 being donated to the 19-year-old’s
Lawyers for Karen Read filed a motion to dismiss two of the three criminal charges that she faces in connection with the death of her Boston police officer boyfriend John O’Keefe. Lead investigator in Karen Read murder case faces duty status hearing Read’s defense team states it received “unsolicited communications” from three of the 12
As the temperature climbed Saturday to a record 128 degrees Fahrenheit in Death Valley National Park, a group of motorcyclists became distressed by the extreme heat, and one of them died, a park ranger said. The motorcyclists were touring the park near Badwater Basin, a stretch of salt flats that is also the lowest point
Protecting your money has already become more difficult, but further changes are in store under Keir Starmer’s government – Kin Cheung/AP With Keir Starmer in power, savers must act now to protect their wealth from the new Labour government. Protecting your money had already become more difficult following the Conservatives slashing tax allowances in April,
President Joe Biden could make a decision within days whether to remain a candidate for reelection, said Hawaii’s governor who participated in a recent meeting with Biden and other Democratic governors and whose family has known the president for years. And if Biden decides not to run, Hawaii Gov. Josh Green told The Associated Press
Sign up for CNN’s Wonder Theory science newsletter. Explore the universe with news on fascinating discoveries, scientific advancements and more. When NASA scientists recently tracked the orbits of two space rocks as they made close approaches of Earth, they discovered a surprise: One of the asteroids has a little moon. Astronomers regularly track the trajectories of
A while back, a Reddit thread went viral where one user asked the internet, “Doctors and nurses of Reddit, what is the biggest health misconception people should know about?” Needless to say, their responses were incredibly informative and eye-opening. Here are some of the top-voted ones: 1.“When prescribed a course of antibiotics, it’s NOT okay
By Jonathan Stempel NEW YORK (Reuters) – Elon Musk wants to dismiss a lawsuit by former Twitter shareholders who said he waited too long in early 2022 to reveal his large ownership stake in the social media company, saying “all indications” show his delay was a mistake. In a late Wednesday night filing in Manhattan
Donald Trump on Thursday fired off a message that started out with “Happy Fourth of July,” but all references to the holiday ended there. Instead, the former president launched a lengthy attack on President Joe Biden, Vice President Kamala Harris, and special counsel Jack Smith, who is prosecuting Trump in the classified documents case in
President Joe Biden was examined by his physician in the days following last week’s CNN presidential debate, the White House tells CNN — despite the White House press secretary having said Wednesday that the president has had no medical exams since his February physical. “Several days later, the president was seen to check on his
Joe Biden has for the first time said that he is considering ending his presidential campaign, according to reports. After days of criticism over his disastrous performance in last week’s debate against Donald Trump, the US president told allies he “knows if he has two more events like that” then he is in a “different
(Reuters) – Fisker has asked a bankruptcy judge overseeing its Chapter 11 proceedings to approve the sale of more than 3,000 Ocean electric SUVs in its inventory for about $14,000 per car to a vehicle-leasing company. Following the judge’s nod, Fisker will be able to offload 3,321 electric vehicles to New York-based American Lease for
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