Volatility was the setting for the Federal Reserve’s interest rate announcement and Chair Jerome Powell’s press conference Thursday afternoon. The S&P 500 and Nasdaq advanced Thursday, continuing a stock market rebound since Donald Trump’s win, as the Federal Reserve lowered rates again. The S&P 500 advanced 0.74% to end at a record of 5,973.10. The…
WASHINGTON – Republicans look likely to hold on to the House, and therefore maintain full control of Congress for the next two years as Trump goes back to the White House. However, it is still possible for the Democrats to recapture the 435 seat chamber if they win the remaining outstanding races in districts in…
Brooke Buchanan has joined Panera as the chief corporate affairs officer one month after the chain agreed to the first of four lawsuits linked to its highly caffeinated lemonade. Panera Bread has retained a top-flight crisis manager as the bakery-café chain continues to face litigation over its hyper-caffeinated Charged Lemonade and prepares for a much-delayed…
OpenAI Chair Bret Taylor revealed on Thursday that the board has discussed the possibility of offering CEO Sam Altman equity as part of his compensation package, though no final decision has been made. In a statement, Taylor clarified that no specific amounts have been considered yet for Altman’s potential equity stake. This follows a report…
HSBC has reported a 10% increase in its quarterly profits as the UK based banking major gets ready for one of the largest overhauls in its history. The firm added that its pre-tax profits increased to $8.5bn (£6.6bn) in the three months to end of September and this is way above the expectation of the…
Five young men who previously served as “ring boys” for WWE have now sued WWE, its founder Vince McMahon, his wife Linda McMahon, and Holdings of TKO Group claiming negligence over “systematic and systematic abuse” of underage children. The complaint and demand for a jury trial was filed on the John Doe’s behalf Wednesday in…
From immigration to retaliation, Trump’s return to the White House has vowed sweeping transformations of how America is perceived globally. Donald Trump just won the presidency. Below is a brief of what is expected to be on Trump’s mind when he is inaugurated on Jan. 20. BBC News estimates that Republicans will maintain control of…
When strolling around the territory of Green-Wood Cemetery in Brooklyn, nobody would guess that pawpaws – the largest edible fruit indigenous to North America – may grow wild there alongside graves. Walk a little further into the cemetery and American persimmons hang over the tombs. It may not sound like the most obvious place in…
Miami’s 2 Live Crew expanded the law to define what hip-hop could be by using sexually charged and freedom of speech with lyrics that made it possible for artists to sue and win cases of obscenity. But for past twenty years the hip-hop legends haven’t legally owned the rights to these records, selling them in…
What do sustainable Fashion design and Tetris have to do with each other? For both, there is an interesting challenge in fitting together different forms in such a manner that the playing field is filled up. To the fashion designers, the game has an environmental aspect. To develop garments, they usually spread a piece of…
