Trump Media stock soars 16% just before Election Day
In the past month, shares of Trump Media have climbed 113%, adding billions to its market value — and to the net worth of the former president, who holds a roughly 57% stake in the company.
5 strategies to get leadership buy-in for MFA
Provide data on the rising number of cyberattacks on schools and how breaches or ransomware attacks can lead to costly consequences, including recovery expenses, lost instructional time, and reputational damage.
The Dow jumps over 300 points as a bad job report has the Fed on track to cut interest rates
Meanwhile, the U.S. economy added significantly fewer jobs than expected in October, according to data released Friday morning, as hurricanes and the Boeing strike took a toll on payrolls.
Big Tech says its AI spending spree will pay off. Wall Street is worried
Amazon chief Andy Jassy struck a similar note: “I think we’ve proven over time that we can drive enough operating income and free cash flow to make this a very successful return on invested capital business.
Amazon earnings are today. Here’s what to expect
The retail and cloud giant is expected to report revenues of $157.3 billion for the quarter ended in September, according to analyst estimates compiled by FactSet (FDS0.00%).
Election betting site Polymarket has been giving Trump good odds. But it also might have a big fraud problem
The news of wash trading comes after a Bloomberg report earlier this month found that a tiny percentage of users making big bets can easily swing the odds for one candidate or the other.
Ford stock is sinking as high costs and supplier issues could take a toll
“In 40 years in the industry, I’ve seen a lot of game-changer products,” Farley said, calling a planned midsize electric pickup “one of the most exciting” and adding that “it matches the cost structure of any Chinese auto manufacturer building in Mexico in the future.”
All the ways Donald Trump is promising to cut taxes if he wins
If elected to the White House in November, Trump is set to push Congress to enact at least some of the proposals he’s touted over the past several months, which he argues would help boost the U.S. economy and people’s personal finances.
The McDonald’s Quarter Pounder E.Coli outbreak has sparked a big onions recall
The loss of the chain’s popular item could lead to a significant drop in sales, which has already prompted financial firm Baird to downgrade its rating on McDonald’s stock.
Southwest Airlines threw in the towel in its fight against activist investor Elliott
“We believe the strategic changes Southwest has announced since we commenced our engagement, together with the new independent directors and governance improvements, will position the Company to enhance business performance, drive operational execution and evaluate additional changes to create long-term shareholder value,” said Elliott partner John Pike and portfolio manager Bobby Xu in a statement.
Florida district agrees to improve student restraint policies
During the monitoring period, which will last for at least the 2024-25 school year,review all incidents involving the restraint of students to determine if the actions were consistent with district procedures, written instructions, and related training.
Disney needs a new CEO. Meet the Wall Street banker in charge of replacing Bob Iger
In an unusually public move, Gorman announced in May of 2023 and that he would be stepping down as CEO of Morgan Stanley within a year and that he would be pick his successor from among the bank’s three main division heads.
The 10 best deals on new cars right now, according to Consumer Reports
Alfa Romeo’s Tonale Veloce features the smallest discount on this list, but it also isn’t the most expensive, according to Consumer Reports.
Chick-fil-A is launching a family-friendly app to drive sales
The Chick-fil-A Play app will launch on Nov. 18 and will feature a variety of content, including an original animated series, scripted podcasts, games, recipes, and e-books — all designed to entertain families, the company shared in an email to Quartz.
Teacher shortage solutions to implement in the short-term
During these conversations, we discussed a handful of challenges they’re facing due to teacher shortages, including having difficulty hiring for specific subject areas like world languages and Advanced Placement® to unexpected absences in the middle of the school year.
20 of the most boring cars ever made
What sets the Aveo apart was not only its Ambien-in-car-form looks, its lack of power, not being particularly reliable, meh fuel economy relative to its size, or its Fisher-Price interior.
The next winner of the AI boom is also one of its biggest problems
After the company completed its $6.6 billion funding round, the startup’s leaders told some employees that it would start leaning less on Microsoft for data centers and AI chips, according to The Information, which cited unnamed people familiar with the matter.