Netflix’s shrinking subscriber base and stock price are a reckoning for the company, raising questions about its growth prospects in the increasingly competitive streaming business. “At almost every single impasse they have faced before, the company found a way to safely maneuver before hitting the wall,” MoffettNathanson Research analysts said in …
Read More »Blog Layout
Trump settles lawsuit over inauguration funds spent at his D.C. hotel
Donald Trump’s company and inauguration committee agreed Tuesday to pay $750,000 to the District of Columbia to resolve allegations that they illegally misused nonprofit funds while staging events surrounding Trump’s inauguration. D.C. Attorney General Karl Racine had accused the Trump Organization of overcharging Trump’s inauguration committee for services at the Trump …
Read More »How to strategize for retirement as inflation hits 40
Inflation in the U.S. hit a 40-year high in March as consumer prices rose a whopping 8.5% from a year ago. While inflation is usually associated with higher costs for groceries, gas and other living expenses, many Americans might also be wondering: Could inflation also break my nest egg? For …
Read More »Madison Cawthorn tried to bring loaded gun into North Carolina airport, officials say
Congressman Madison Cawthorn was cited Tuesday for attempting to bring a gun through security at the Charlotte Douglas International Airport in North Carolina, according to a statement from local police. The Transportation Security Administration confirmed to CBS News that the gun, a Staccato 9mm handgun, was loaded. Charlotte Mecklenburg Police …
Read More »D.C. shooter Raymond Spencer fired more than 200 rounds and had 800 more in his apartment, police say
The man who opened fire from a D.C. apartment Friday, wounding four people before dying of an apparent self-inflicted gunshot wound, had a major stockpile of weapons and ammunition in two apartments he was renting, police said Monday. No one was killed in the shooting, but two people remain hospitalized …
Read More »Florida Senate votes to strip Disney of special self
Tallahassee, Florida — The Florida state senate voted to repeal a law allowing Walt Disney World to operate a private government over its properties in the state, the latest volley in a feud between the Florida Gov. Ron DeSantis and the entertainment giant over what critics have dubbed the “Don’t Say …
Read More »Instagram adds donation button to Reels, turning them into fundraisers
Meta Platforms Inc., the social media giant formerly known as Facebook, is expanding its offering of fundraising tools and making them more easily available to 1.5 million nonprofits on its Facebook and Instagram platforms. Starting Tuesday, Instagram users can attach donation buttons to their Reels, turning the short videos into …
Read More »Why egg prices are soaring
The war in Ukraine, a major grain producer, and drought conditions in the U.S. have pushed wheat and corn prices up significantly, driving up the price of eggs 56%. Last year, the national average of a dozen large white eggs was $1.60, according to the Department of Agriculture. Now, it’s …
Read More »Disney
Disney-branded hand sanitizers featuring Baby Yoda and Mickey Mouse are being recalled by Best Brands Consumer Products, the company said in a notice posted by the U.S. Food and Drug Administration. FDA testing detected the presence of methanol in the Mickey Mouse-themed sanitizer and benzene in the Star Wars Mandalorian version, …
Read More »Trump endorses Sarah Palin in run for Alaska’s congressional seat
Washington — Former President Donald Trump on Sunday endorsed Sarah Palin, the former governor of Alaska and 2008 Republican vice presidential nominee, in her bid for the state’s lone seat in the U.S. House. Trump in a statement lauded Palin as a “wonderful patriot” and said her entrance into the …
Read More »