Lucid Group (NASDAQ: LCID) recently dropped its turnaround into another gear when it announced it had hired a new CEO to take the helm of the struggling electric vehicle company. Lucid also announced a significant $750 million lifeline -- $550 million from Saudi Arabia's Public Investment Fund (PIF) and an additional $200 million from Uber Technologies -- that could help the electric vehicle compa...
Lucid Group (NASDAQ: LCID) recently dropped its turnaround into another gear when it announced it had hired a new CEO to take the helm of the struggling electric vehicle company. Lucid also announced a significant $750 million lifeline -- $550 million from Saudi Arabia's Public Investment Fund (PIF) and an additional $200 million from Uber Technologies -- that could help the electric vehicle company expand its product lineup. New leadership and more money could help push Lucid back on track, but shareholders shouldn't start celebrating just yet. Image source: Lucid. Continue reading
Spurs denied by late equaliser from Georginio Rutter ‘They have to come to the training ground with a smile’ Roberto De Zerbi has warned he has “no time to see negative people” among his Tottenham players after they were denied the chance to climb out of the relegation zone by an injury-time equaliser from his former club Brighton. Georginio Rutter’s strike made it 15 games without a victory for S...
Spurs denied by late equaliser from Georginio Rutter ‘They have to come to the training ground with a smile’ Roberto De Zerbi has warned he has “no time to see negative people” among his Tottenham players after they were denied the chance to climb out of the relegation zone by an injury-time equaliser from his former club Brighton. Georginio Rutter’s strike made it 15 games without a victory for Spurs after they had twice led, first through Pedro Porro then Xavi Simons. The draw left Tottenham in the bottom three and a point behind West Ham who travel to Crystal Palace on Monday night. Nottingham Forest, one point ahead of the Hammers, host Burnley on Sunday. Continue reading...
White House Working With FBI To Probe Cases Of Missing Scientists Authored by Jacki Thrapp via The Epoch Times, The Trump administration confirmed on April 17 that it was working with the FBI to investigate the mysterious deaths and disappearances of ten U.S. scientists and government employees who had access to nuclear or aerospace material. “In light of the recent and legitimate questions about ...
White House Working With FBI To Probe Cases Of Missing Scientists Authored by Jacki Thrapp via The Epoch Times, The Trump administration confirmed on April 17 that it was working with the FBI to investigate the mysterious deaths and disappearances of ten U.S. scientists and government employees who had access to nuclear or aerospace material. “In light of the recent and legitimate questions about these troubling cases, and President [Donald] Trump’s commitment to the truth, the White House is actively working with all relevant agencies and the FBI to holistically review all of the cases together and identify any potential commonalities that may exist,” White House Press Secretary Karoline Leavitt wrote in a post on X Friday afternoon. The scientists and employees who worked on highly classified projects started vanishing or dying in recent years. “No stone will be unturned in this effort, and the White House will provide updates when we have them,” Leavitt said. The confirmation from Leavitt happened one day after Trump said the White House would look into whether the cases are connected. “I hope it’s random, but we’re going to know in the next week and a half,” Trump told reporters on April 16, adding “I just left a meeting on that subject.” One of the missing people included retired Air Force Maj. Gen. William “Neil” McCasland, who vanished on Feb. 27, according to the Bernalillo County Sheriff’s Office in New Mexico. The 68-year-old previously served as the head of research at the Wright-Patterson Air Force Base, which conspiracy theories allege was tied to Roswell’s UFO incident in 1947. He also worked at the Pentagon as the director, space acquisition in the Office of the Secretary of the Air Force and then as director of special programs, Office of the Under Secretary of Defense for Acquisition, Technology, and Logistics. McCasland’s wife reported that she saw him interacting with a repairman around 10:00 a.m., she went to a medical appointment at 11:10, and h...
The gunman, who killed six people in Kyiv before police shot him dead, was a Ukrainian citizen born in Moscow Ukrainian investigators are examining whether a terrorist attack in Kyiv was directed by Moscow after a man shot dead six people on Saturday before he was killed by police. The gunman, 58, opened fire on passersby before barricading himself in a supermarket and taking hostages. Detectives ...
The gunman, who killed six people in Kyiv before police shot him dead, was a Ukrainian citizen born in Moscow Ukrainian investigators are examining whether a terrorist attack in Kyiv was directed by Moscow after a man shot dead six people on Saturday before he was killed by police. The gunman, 58, opened fire on passersby before barricading himself in a supermarket and taking hostages. Detectives sealed off the area in the Holosiivskyi district and tried to negotiate with him. He refused and was killed after a 40-minute standoff. Continue reading...
Chiefs’ new owner will be Black Knight Sports and Entertainment Michael B Jordan has stake in company that owns Bournemouth Bill Foley, owner of AFC Bournemouth, is poised to take control of Exeter Chiefs in a multimillion-pound deal that will bring Premier League and Hollywood glamour to English club rugby. The Guardian revealed this week that Exeter’s chair, Tony Rowe, had agreed to sell the clu...
Chiefs’ new owner will be Black Knight Sports and Entertainment Michael B Jordan has stake in company that owns Bournemouth Bill Foley, owner of AFC Bournemouth, is poised to take control of Exeter Chiefs in a multimillion-pound deal that will bring Premier League and Hollywood glamour to English club rugby. The Guardian revealed this week that Exeter’s chair, Tony Rowe, had agreed to sell the club to a wealthy American investor, and can now disclose the club’s new owner will be Foley’s multisport investment company, Black Knight Sports and Entertainment. Continue reading...
Venezuela’s opposition leader Maria Corina Machado said on Saturday she had “no regrets” about symbolically handing over her Nobel Peace Prize to US President Donald Trump in January. “There is a leader in the world, a head of state in the world who risked the lives of his country’s citizens for Venezuela’s freedom,” she told a news conference in Madrid. Machado presented her Nobel Prize to Trump ...
Venezuela’s opposition leader Maria Corina Machado said on Saturday she had “no regrets” about symbolically handing over her Nobel Peace Prize to US President Donald Trump in January. “There is a leader in the world, a head of state in the world who risked the lives of his country’s citizens for Venezuela’s freedom,” she told a news conference in Madrid. Machado presented her Nobel Prize to Trump when she met him in the White House just two weeks after he ordered US forces to attack Caracas and...
The "Great Rotation" has seen defensive sectors like consumer staples outperform technology in the first quarter. That sent the shares of top tech stocks down, but history suggests these rotations are often the best times to buy quality growth companies. Over the last decade, the iShares S&P 500 Growth ETF has endured four drawdowns of at least 12% from its previous high, including two drops of mo...
The "Great Rotation" has seen defensive sectors like consumer staples outperform technology in the first quarter. That sent the shares of top tech stocks down, but history suggests these rotations are often the best times to buy quality growth companies. Over the last decade, the iShares S&P 500 Growth ETF has endured four drawdowns of at least 12% from its previous high, including two drops of more than 24% in 2020 and 2022. In the face of that volatility, the Growth ETF has nearly doubled the return of the iShares S&P 500 Value ETF over the past 10 years. History is clear that if you have at least 10 years until retirement, growth stocks are your friend. Even with the S&P 500 already back to all-time highs, there are still attractive opportunities available. Leading tech companies like Nvidia (NASDAQ: NVDA) , Microsoft (NASDAQ: MSFT) , and Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) are seeing strong growth and offer reasonable valuations, setting the potential for excellent returns. Continue reading
The Canadian author on good writing advice from Martin Amis, his love for digging and getting rid of billionaires Get our weekend culture and lifestyle email Your novels Life of Pi, Beatrice and Virgil, and The High Mountains of Portugal all feature animals in starring roles. If you could be any animal, which would it be, and why? A sloth, because it has a peaceful, long life. Or maybe a koala. Th...
The Canadian author on good writing advice from Martin Amis, his love for digging and getting rid of billionaires Get our weekend culture and lifestyle email Your novels Life of Pi, Beatrice and Virgil, and The High Mountains of Portugal all feature animals in starring roles. If you could be any animal, which would it be, and why? A sloth, because it has a peaceful, long life. Or maybe a koala. They both look like stoners. A sloth just hangs there in its tree, it sleeps 22 hours a day – or maybe it’s meditating. Most creatures take the strategies of overt camouflage or speed to stay alive, whereas the sloth’s like, “I’ll be so slow that no one will notice me.” It grows a kind of algae on its fur, which makes it hard to see in the South American jungles. So it’s kind of hiding and being at one with the universe. Continue reading...
Tomas Telegramma had a platonic chemistry with his colleague Steph Vigilante. But one night as the heaven’s opened, so did his emotional floodgates Find more stories from the moment I knew series In 2019, I started a job as a junior editor for an online city guide in Melbourne. I was struck by the social media coordinator Steph, who worked quietly and diligently in a corner of the office, but had ...
Tomas Telegramma had a platonic chemistry with his colleague Steph Vigilante. But one night as the heaven’s opened, so did his emotional floodgates Find more stories from the moment I knew series In 2019, I started a job as a junior editor for an online city guide in Melbourne. I was struck by the social media coordinator Steph, who worked quietly and diligently in a corner of the office, but had a surname that was at odds with her vibe. She was Vigilante by name, but not by nature. Our shared Italian heritage was an instant bonding agent. We had chemistry, sure, but it was purely platonic. Even when lockdown put a pin in all things in real life, work’s instant messaging app helped our friendship survive working from home. I’d write stories about the city; Steph would cleverly bring them to life on social media. The synergy was real. Continue reading...
I don’t believe in ghosts. But for the bereaved, receiving ‘messages’ from beyond the grave can help us feel connected to the departed We all have ridiculous conversations with our mates, but negotiating a ghost pact with my friend as she lay on her deathbed was, without question, my most surreal. The pact itself was simple. After my friend Ruth Francis departed this world, she was to give me a si...
I don’t believe in ghosts. But for the bereaved, receiving ‘messages’ from beyond the grave can help us feel connected to the departed We all have ridiculous conversations with our mates, but negotiating a ghost pact with my friend as she lay on her deathbed was, without question, my most surreal. The pact itself was simple. After my friend Ruth Francis departed this world, she was to give me a sign from beyond the grave. Continue reading...
The cumulative global impact of seven weeks of war in the Middle East will begin to emerge in the coming week, in a second round of business surveys from multiple countries. Whether the twin blows affecting growth and inflation seen in purchasing manager indexes after the first month of the Iran conflict intensified during month two will be a key focus. The initial take for April in economies from...
The cumulative global impact of seven weeks of war in the Middle East will begin to emerge in the coming week, in a second round of business surveys from multiple countries. Whether the twin blows affecting growth and inflation seen in purchasing manager indexes after the first month of the Iran conflict intensified during month two will be a key focus. The initial take for April in economies from Australia to the US will be published on Thursday. Among those covered by Bloomberg forecasts, indexes in Germany, France, the euro zone and the UK are all anticipated to show broad deterioration, while the American indicators are seen little changed. Ultimately, the numbers may point to the degree that stagflation is lurking. That ominous term — evoking the noxious mix of surging prices and stalling growth of the 1970s — was cited by Chris Williamson , chief business economist at PMI-compiler S&P Global, when summing up risks highlighted by the overall global measure in March. The survey numbers follow a week of bleak stock-taking in Washington, where finance chiefs were warned by the International Monetary Fund of a range of potential outcomes that included a near-recession for the world. Notwithstanding the current Middle East ceasefire, the damage to growth and inflation can’t be easily undone. “Even if the war ends tomorrow, it would take quite some time for the recovery to kick in,” IMF Managing Director Kristalina Georgieva told Bloomberg Television. “The impact is already baked in.” For all the gloom, multiple policymakers remain cautious about how to respond. European Central Bank chief economist Philip Lane described how he and his colleagues may treat reports such as the PMIs when they set interest rates later this month. “We will have a rich set of survey data,” Lane said in Washington. “Of course, the people who are answering those surveys are looking at the same world we are looking at.” And for now, not many will have a decisive idea about what’s going to ha...
After seeing the shares jump 171% in 2024 and another 39% in 2025, it's understandable that Nvidia (NASDAQ: NVDA) investors would be a little disappointed with how the stock has performed so far this year. Nvidia is showing gains of only 6% on the year, marking the stock's worst performance so far since 2022. I've held Nvidia for several years now, so I watch the stock closely. And while I wish th...
After seeing the shares jump 171% in 2024 and another 39% in 2025, it's understandable that Nvidia (NASDAQ: NVDA) investors would be a little disappointed with how the stock has performed so far this year. Nvidia is showing gains of only 6% on the year, marking the stock's worst performance so far since 2022. I've held Nvidia for several years now, so I watch the stock closely. And while I wish that we were seeing double-digit gains again this year, I'm really not that focused on the stock price. Instead, there's another number that I'm keeping in mind when I consider my position in Nvidia stock . Image source: Nvidia. Continue reading