Reported 8 months ago
Elon Musk's brother, Kimbal Musk, is the next-largest individual insider investor in Tesla after Elon Musk, owning approximately 0.05% of Tesla stock. In terms of institutional owners, Vanguard holds the largest position with more than 7.2% of outstanding Tesla stock, followed closely by BlackRock with about 5.9%. Despite Tesla's recent stock decline compared to the S&P 500, investors are divided on its future potential, with some believing the company will rebound while others are more pessimistic. Conducting a thorough analysis is recommended before deciding whether to invest in Tesla.
Source: YAHOO
Reported 8 months ago
An Israeli private investigator, Amit Forlit, who was arrested in London on cybercrime and wire fraud charges, had previously been questioned by FBI agents about his work for the Washington public affairs firm DCI Group. This revelation indicates a broader U.S. investigation into cybermercenary activities than previously known. Forlit was released on bail after his initial arrest, and his lawyers did not respond to inquiries. The FBI declined to comment, while DCI Group stated that they require compliance with the law from all employees and consultants. Forlit is also facing a lawsuit in New York federal court for his alleged involvement in the theft of emails from aviation executive Farhad Azima in 2016, with court records showing business ties between Forlit and DCI Group.
Source: YAHOO
Reported 8 months ago
Source: NBCSPORTS
Reported 8 months ago
Stanford senior golfer Karl Vilips broke his 3-wood in frustration during a tournament, but rebounded by birdieing three of his last four holes to help Stanford qualify for the NCAA Championship. Despite not having his 3-wood, Vilips used a driving iron to shoot 3-under 69 in the opening round of the championship, just one shot behind the individual leader. Vilips, who had initially struggled with his game at Stanford, has since improved by taking ownership of his game and self-diagnosing issues, leading to a more successful junior and senior year.
Source: YAHOO
Reported 8 months ago
Kevin Harlan, a veteran NBA announcer, may soon be ending his nearly 40-year partnership with TNT following reports that NBC outbid Warner Bros. Discovery for the NBA rights package in the league's next media deal. Harlan expressed gratitude for his time with TNT and hopes to continue calling NBA games, potentially with NBC or Amazon starting in the 2025-26 season. Despite uncertainties, he remains focused on delivering his best performance for the remaining games in the current series.
Source: YAHOO
Reported 8 months ago
German landlord Adler Group SA has reached an agreement with a majority of bondholders to restructure debt and inject liquidity into the company, marking its second debt overhaul in two years. The deal involves extending debt maturities, converting second-lien notes into new notes, receiving new money, and holding back proceeds from property sales. The agreement aims to address cash flow challenges faced by Adler, which struggled to raise funds through property sales. Bondholders will be treated equally in the deal, with voting securities offered, as Adler addresses its debt restructuring challenges.
Source: YAHOO
Reported 8 months ago
The Institute for Fiscal Studies warns that the next UK government, facing the toughest fiscal challenge in 70 years, must be realistic about the difficult choices ahead, as high debt, interest rates, and low growth constrain options. Both major parties are expected to release manifestos soon, with plans to stabilize a debt burden near 100% of GDP by either implementing spending cuts, raising taxes, or borrowing more. The IFS emphasizes the need for an honest debate on these issues despite politicians' reluctance to specify their choices during an election campaign.
Source: YAHOO
Reported 8 months ago
Bethenny Frankel was turned away from a Chanel store in Chicago for wearing a T-shirt, prompting her to return the next day dressed in a skirt suit and heels to test if her appearance would make a difference. The store worker had initially mentioned she needed an appointment, but Frankel believed she was rejected due to her casual attire. After being allowed into the store on her second attempt, Frankel criticized the experience as elitist and exclusionary, advocating for inclusivity and kindness in customer service. The incident sparked mixed reactions on social media, with some calling it discrimination and others downplaying it.
Source: YAHOO
Reported 8 months ago
Major League Baseball reached out to the Chicago White Sox to explain the controversial game-ending interference call in their recent loss to the Baltimore Orioles, stating that the call should not have been made. The umpire called interference on player Andrew Vaughn for unintentionally stepping in the shortstop's path to the ball, ultimately ending the game. The White Sox, along with many others, disagree with the umpire's judgement on the call and aim to move past the incident in their upcoming games.
Source: YAHOO
Reported 8 months ago
The Indiana Pacers have listed All-NBA guard Tyrese Haliburton as questionable for Game 3 of the Eastern Conference finals due to a sore left hamstring, while the Boston Celtics have ruled out center Kristaps Porzingis for the matchup. Haliburton's status remains uncertain after leaving Game 2 early, but the Celtics, who lead the series 2-0, will also likely be without backup center Luke Kornet due to a wrist injury. Boston aims to secure two more wins to advance to their second NBA Finals in three years.
Source: YAHOO
Reported 8 months ago
The article discusses how to protect wealth amidst potential market volatility by investing in specific ETFs, dividend kings, and stable stocks. It emphasizes the importance of focusing on companies with strong foundations to weather market fluctuations. The recommended investments include the Vanguard Value Index Fund ETF, Coca-Cola as a Dividend King with a long history of dividend payments, and Microsoft as a solid stock with diverse revenue streams. Additionally, it suggests considering high-yield alternatives like the Ascent Income Fund and Arrived Private Credit Fund for diversification and stable returns.
Source: YAHOO
Reported 8 months ago
Former UFC fighter Paige VanZant had a cheeky face-off with Elle Brooke, her opponent for the upcoming Misfits Boxing match, at the MF & DAZN: X Series 15 weigh-ins in Houston. VanZant is making her boxing debut against Brooke, the current women's middleweight champion, in a title challenge event. Brooke, who transitioned from adult film star and OnlyFans creator to influencer boxing in 2022, holds the Misfits 125-pound title and has a record of 4-1 since her debut.
Source: YAHOO
Reported 8 months ago
As "And Just Like That..." season 3 begins filming in New York City, fans are excited to see Sarah Jessica Parker and the cast back on set, reminiscent of the iconic fashion moments from "Sex and the City." The original series became a cultural phenomenon around its third season in 2001, with fans eagerly anticipating Carrie Bradshaw's wardrobe choices. The cast and costume department have embraced social media to share behind-the-scenes glimpses, as seen in throwback photos showing Parker's bold and stylish looks from various seasons of the show.
Source: YAHOO
Reported 8 months ago
A New Jersey electrician, Christopher Joseph Quaglin, was sentenced to 12 years in prison for repeatedly attacking police officers during the Capitol riot on January 6, 2021. Quaglin insulted and argued with the judge before and after receiving his sentence, calling the judge "Trump's worst mistake of 2016." Quaglin clashed with police for hours during the riot, assaulting officers with stolen shields, bike racks, and pepper spray. Prosecutors sought a 14-year sentence, emphasizing Quaglin's violent actions and intent to disrupt Congress. The judge convicted Quaglin of multiple assaults and emphasized the severity of his actions on that day.
Source: YAHOO
Reported 8 months ago
Instagram users in the U.S. experienced issues with accessing the platform, viewing stories, uploading posts, and sending direct messages as reported by DownDetector.com. The problems peaked around 12:30 PM Pacific time, leading to panic among users ahead of the holiday weekend. Parent company Meta was investigating the cause and promised an update by 5 PM Pacific time, while their Facebook service seemed to be unaffected. Instagram had faced similar outages earlier in the year.
Source: YAHOO
Reported 8 months ago
49ers assistant head coach Brandon Staley reflects on his cancer battle from 2006 when he was diagnosed with Hodgkin lymphoma at 24 years old, highlighting how the experience provides him with perspective in both his personal life and coaching career. Staley credits his cancer journey for leading him to becoming an NFL head coach and believes it will continue to guide him through challenges. Despite being fired from his head-coaching position with the Los Angeles Chargers, Staley remains grateful for his past experiences and looks forward to contributing to the 49ers' defense under new defensive coordinator Nick Sorensen.
Source: YAHOO
Reported 8 months ago
Brian Hoyer, a former NFL quarterback, discussed on NBC Sports Boston's Patriots Talk Podcast how Tom Brady continues to be a valuable resource for current Patriots players, particularly highlighting Brady's sense of urgency and intensity in practice as key learning points for young quarterbacks like Mac Jones and Drake Maye. Hoyer emphasized the importance of observing and learning from veteran quarterbacks like Jacoby Brissett in order to excel in the league, advising young players to ask meaningful questions to enhance their understanding rather than simply confirming what they already know.
Source: YAHOO
Reported 8 months ago
American Airlines has dropped the law firm Wilson Elser and hired Kelly Hart & Hallman to defend them in a lawsuit filed by the family of a 9-year-old girl who was filmed in an airplane lavatory by a former flight attendant. Wilson Elser had previously suggested the girl was negligent for not noticing the camera phone taped to the seat. The flight attendant, Estes Carter Thompson III, faces charges of attempted sexual exploitation of children. The girl's family hopes American Airlines will take responsibility with the new legal representation.
Source: YAHOO
Reported 8 months ago
Google's new AI feature, AI Overviews, is generating misleading responses to queries, alarming experts who fear it may perpetuate bias and misinformation. Examples include falsely claiming that astronauts met cats on the moon and that Barack Obama was a Muslim president. While Google is working to address errors, some experts argue that the AI system is irresponsible and could endanger individuals seeking help, particularly in emergencies. Concerns also extend to the potential impact on online forums and the flow of internet traffic to websites.
Source: YAHOO
Reported 8 months ago
AMC Entertainment Holdings Inc. and GameStop Corp. saw their shares rally on Friday after experiencing significant declines earlier in the week. The volatility in these stocks was part of a meme-stock rally influenced by trader Keith Gill, also known as "Roaring Kitty," returning to social media. AMC shares rose 6.4% while GameStop shares gained 3.7% on Friday, following their biggest declines since mid-May. The recent meme-stock frenzy has been described as an "outlier event" by finance experts, with short interest being a key factor in the stocks' movements. Investors are advised to avoid getting caught up in the hype surrounding meme stocks and focus on longer-term prospects.
Source: YAHOO
Reported 8 months ago
Scott Dixon of Chip Ganassi Racing recorded the fastest lap of 227.206 mph during the Carb Day practice session at the Indianapolis 500, ahead of Helio Castroneves and Pato O’Ward. Dixon, starting 21st on Sunday, expressed satisfaction with his car's performance despite his lower starting position. The session also saw Team Penske winning the Pit Stop Challenge, with Josef Newgarden's crew securing the victory.
Source: YAHOO
Reported 8 months ago
At a G7 Finance Minister and Central Bank Governors' Meeting in Stresa, U.S. Treasury Secretary Janet Yellen expressed efforts to salvage a part of the global corporate tax deal focused on highly profitable multinational firms, but highlighted that India is not engaging on issues crucial to U.S. interests. Yellen also mentioned that China has been largely absent in the negotiations for the OECD corporate tax deal's "Pillar 1." The negotiations are crucial in reallocating the taxing rights on U.S.-based digital giants, potentially impacting around $200 billion in corporate profits. Yellen emphasized two key issues for the U.S. in the talks, with India being a roadblock. Failure in the negotiations could lead to the re-imposition of digital services taxes in some countries and reignite trade tensions, with Italy aiming to negotiate an agreement with the U.S. to halt tariffs on imports while keeping its levy in place.
Source: YAHOO
Reported 8 months ago
Entertainment reporter Sam Rubin's death certificate has been released nearly two weeks after his sudden passing, confirming that he died at UCLA West Valley Medical Center. While his official cause of death remains deferred, the investigation is ongoing. Rubin was a beloved figure in Hollywood and the entertainment industry, known for his interviews with A-list stars. Tributes poured in from celebrities like Ben Stiller, Octavia Spencer, and Selma Blair, remembering Rubin's kindness and professionalism. Rubin had a successful career at KTLA, earning multiple awards and recognition for his work as an entertainment reporter.
Source: YAHOO
Reported 8 months ago
Americans are holding onto their cars for longer than ever before, with the average age of a car on the road reaching a record 12.6 years, according to a study by S&P Mobility. Factors such as higher loan costs, rising insurance premiums, and supply constraints due to the pandemic are leading drivers to keep their current vehicles instead of trading them in for newer models. The report predicts that within the next 5 years, older passenger vehicles will make up 70% of all cars, SUVs, and small trucks on the road. Additionally, AAA expects a record 38.4 million drivers to hit the highways over the upcoming three-day weekend.
Source: YAHOO
Reported 8 months ago
The Chicago Blackhawks acquired picks No. 18 and No. 50 in the 2024 NHL Draft through a trade with the New York Islanders, moving up two spots in the first round and four spots in the second round. This trade gives the Blackhawks a total of eight picks in the draft, with six of them falling in the first three rounds.
Source: YAHOO