Javier Milei visits Trump, Elon Musk as DOGE takes shape

President-elect Donald Trump and Argentina’s President Javier Milei at Mar-a-Lago on November 14, 2024 Courtesy presidential office of Argentina Self-described anarcho-capitalist President Javier Milei of Argentina became the first foreign leader to visit President-elect Donald Trump since he won a second term, arriving in Florida Thursday to attend a gala dinner at Trump’s Mar-a-Lago resort,…

Hundreds of hotel workers go on strike at a casino near the Las Vegas Strip

Virgin Hotels Las Vegas is illuminated on Wednesday, March 24, 2021, in Las Vegas. Benjamin Hager | Las Vegas Review-Journal via AP Hundreds of hotel workers at a casino near the Las Vegas Strip went on strike just before dawn Friday after a long and highly publicized fight for a new contract. The strike at…

GM lays off 1,000 employees amid reorganization, cost-cutting

The GM logo is seen on the facade of the General Motors headquarters in Detroit on March 16, 2021. Rebecca Cook | Reuters DETROIT – General Motors laid off roughly 1,000 employees on Friday as the automaker attempts to cut costs and realign priorities amid changing market conditions, according to a person familiar with the…

Michael Burry reshuffles portfolio, adds hedges on China holdings

Michael Burry, best known for calling the subprime mortgage crisis, made a slew of changes in his portfolio last quarter, including what appears to be a hedge on his sizable bet on Chinese internet stocks. Burry, who now manages hedge fund Scion Asset Management, boosted his stakes in a few Chinese internet companies’ ADRs, according to…

Valencia chief Carlos Mazón admits flood mistakes but defies calls to quit

EPA-EFE/REX/Shutterstock The sludge after the 29 October flood remains in Paiporta and Carlos Mazón has faced calls to resign Valencia’s under-fire leader Carlos Mazón has conceded mistakes were made on the day that floods overwhelmed his region but said it was down to two government agencies that people were not given enough warning. More than…

François Hollande calls for a united Europe after Trump election win

French President Francois Hollande delivers a speech as he attends the inauguration of the new ‘Sud Europe Atlantique’ (South Europe Atlantic) high-speed rail line, linking Tours and Bordeaux, on February 28, 2017, in Villognon, central France. Yohan Bonnet | AFP | Getty Images Former French President François Hollande underlined the importance of Europe sticking together in…

Burberry shares hit intraday high as overhaul strategy marks turning point

CHICAGO, ILLINOIS – NOVEMBER 14: A sign hangs above the entrance of a Burberry store on Michigan Avenue along the Magnificent Mile on November 14, 2024 in Chicago, Illinois. Scott Olson | Getty Images News | Getty Images LONDON — Burberry is aiming to win back shoppers and boost waning sales by refocusing on heritage…

At least 15 rescue workers killed in Israeli strike

AFP via Getty Images Lebanon’s health ministry says nearly 200 emergency and health workers have been killed since September. An Israeli air strike on an emergency response centre in north-eastern Lebanon on Thursday killed at least 15 rescue workers, officials say, in one of the deadliest attacks of its kind involving Lebanese emergency responders in…

Powell says Fed doesn’t need to be ‘in a hurry’ to reduce interest rates

Federal Reserve Chair Jerome Powell said Thursday that strong U.S. economic growth will allow policymakers to take their time in deciding how far and how fast to lower interest rates. “The economy is not sending any signals that we need to be in a hurry to lower rates,” Powell said in remarks for a speech…

Human rights groups raise alarm on crackdown by COP29 hosts

The Azerbaijani government is using COP29 to crack down on environmental activists and other political opponents, according to human rights groups. This is the third year in a row a country hosting the climate summit has been accused of oppression and curtailing the legal right to protest. Climate Action Network, a group of nearly 2,000…

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