McDonald’s top US executive denounced viral reports of runaway Big Mac prices as painting an inaccurate picture of the company, which has seen its profits surge by roughly a third since 2019 and is now preparing to roll out $5 combo meals. “I can tell you that it frustrates and worries me, and many of our
The Metropolitan Washington Airports Authority plans to come to market Wednesday with $829.4 million of airport system revenue and refunding bonds. “Traditionally, we’re in the market at about the same time every year. We either have a refunding opportunity or a new money need,” said Andrew Rountree, the authority’s senior vice president for finance and CFO.
To convert a single hush payment into 34 state felonies in the New York case against former President Donald Trump, prosecutors are relying on several interacting statutes, which makes their legal theory convoluted and confusing. Juan Merchan, the judge presiding over Trump’s trial, added to the confusion on Wednesday when he instructed the jurors on
One of the reasons that it can be so difficult to hold police officers accountable is due to the incredible power wielded by police unions. Even when departments are willing and able to fire bad cops, unions can often get them reinstated, usually at great expense to taxpayers. As it turns out, even if it
The actor who portrays Jesus in the hit series The Chosen says he has remained humble by following Christ’s example and recognizing that “everything that I have is because of Him.” Jonathan Roumie is one of the most recognizable actors in entertainment. He has portrayed Jesus in a series with 200 million viewers worldwide and
Imitation — Europe seeks to emulate NASAs revolutionary commercial cargo program European governments must commit more funding for the program to achieve its goals. Stephen Clark – May 29, 2024 11:15 pm UTC Enlarge / A rendering of the European cargo reentry vehicle proposed by Thales Alenia Space.Thales Alecia Space reader comments 38 The European
Old versus new — The Unistellar Odyssey smart telescope made me question what stargazing means The age-old pursuit of looking at the heavens is finally getting an upgrade. Tim Stevens – May 29, 2024 11:00 am UTC Enlarge / The Sky-Watcher HEQ5 Pro and the Unistellar Odyssey Pro.Tim Stevens reader comments 122 It’s been 300
It’s tricky — Amazon execs may be personally liable for tricking users into Prime sign-ups Emails reveal Amazon has pushed back on FTC demands for data on all Prime users. Ashley Belanger – May 29, 2024 9:58 pm UTC Enlarge400tmax | iStock Unreleased reader comments 83 Yesterday, Amazon failed to convince a US district court
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The logo for Salesforce is displayed on the Salesforce Tower in New York City on March 7, 2019. Brendan Mcdermid | Reuters Check out the companies making headlines in extended trading: Salesforce — Shares plunged more than 14% after first-quarter revenue of $9.13 billion missed consensus estimates of $9.17 billion, according to LSEG. Adjusted earnings
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Municipals sold off Wednesday following another weaker U.S. Treasury session while equities were down near the close. Muni yields rose two to 13 basis points, depending on the curve, coming on the tailwind of a market correction, said Brad Libby, a fixed-income portfolio manager and credit analyst at Hartford Funds. Mixed economic data has been
Catherine Wood, chief executive officer of ARK Investment Management LLC, speaks during the Bitcoin 2022 conference in Miami, Florida, U.S., on Thursday, April 7, 2022. Eva Marie Uzcategui | Bloomberg | Getty Images Cathie Wood’s ARK Invest has taken a stake in Elon Musk’s startup xAI as she deepens her big bet on artificial intelligence. ARK Venture
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The owner of a municipal-bond financed nitrogen fertilizer plant in Lee County, Iowa, is trying to sell the plant to one of its largest competitors, Koch Industries. The Iowa Fertilizer Company plant was built from 2012 to 2017 near the unincorporated community of Wever. Helping to kick off construction were $1.194 billion of tax-exempt private
Having an assortment of survival gear is nice, but when SHTF, you will also need clean drinking water in your stockpile. Before disaster strikes, learn how to store and purify water for your daily needs. (h/t to BackdoorSurvival.com) Clean water is something that many people, especially non-preppers, take for granted.When dealing with an emergency, you
The end of cash has been heralded for yearsmostly by government officials eager to end the expense of minting coins and printing banknotes while pushing transactions to digital forms that can be tracked and taxed. The transformation has met varying degrees of acceptance or resistance from people around the globe. But Australians appear to be
During his closing argument in Donald Trump’s criminal trial in Manhattan on Tuesday, lead defense attorney Todd Blanche hammered at the credibility of the prosecution’s star witness, Michael Cohen, the former president’s estranged fixer, calling him “the greatest liar of all time.” That strategy makes sense given Cohen’s role in establishing that Trump “caused” the
step forward — Neuralink rival sets brain-chip record with 4,096 electrodes on human brain Precision expects its minimally invasive brain implant to hit the market next year. Beth Mole – May 28, 2024 9:41 pm UTC Enlarge / Each of Precision’s microelectrode arrays comprises 1,024 electrodes ranging in diameter from 50 to 380 microns, connected
Like a chesterfield strapped to a rocket? — Bentley is replacing its W12 engine with a plug-in hybridand let us try it Plug-in hybrid powertrain perfectly suits Bentley’s next Continental GT Speed. Jonathan M. Gitlin – May 28, 2024 11:01 pm UTC Enlarge / After building almost 100,000 W12-powered Bentley Continental GTs, the brand is