Posts by Amelia Frost
More Republicans Join Democrats To Force End To Iran War. President Has Said Conflict Is Not A War.
More Republicans have voted with Democrats in support of the latest bill seeking to force the end of the Iran war. Concretely, seven members of the GOP joined Democrats in voting to pass the bill, compared to four in the last vote. President Trump launched the Iran war on February 28 without the approval of…
Read MoreCanada Could Become EU’s First Associate Member. Ottowa Gets The Invite As Its Trade War With Trump Remains High.
European Union leaders are opening the door to a new kind of partnership with Canada, with European Commission President Ursula von der Leyen announcing that Brussels wants Ottawa to become the bloc’s first associate member as tensions between Canada and the United States escalate over trade. The proposal, unveiled Wednesday during von der Leyen’s annual…
Read MoreInvestors Reportedly Offered OpenAI a New Funding Round After Postponed IPO. Valuation Could Top $1 Trillion.
OpenAI investors have offered the company a new funding round, according to a new report. CNBC detailed that the round could value the company at $1.2 trillion and would be a way for company employees to sell their stock. However, No formal discussions are underway. The company had raised $122 billion at a $852 billion…
Read MoreMark Zmijewski: What CEOs Need to Know About Measuring Cognizable Efficiencies in Proposed Mergers
When a board approves a merger, the business case usually rests in part on expected synergies, the value the combination is expected to create. Antitrust review asks a different question. Under Section 7 of the Clayton Act, the U.S. Department of Justice and the Federal Trade Commission (together, the “Agencies”) assess whether the merger may…
Read MoreU.S. Fuel Inventories Surprisingly Rose and Saudi Arabia Is Seeking To Reroute Exports. Oil Fell.
Oil is falling on Wednesday after U.S. inventories surprisingly rose and Saudi Arabia offered to reroute exports through Oman. Getty Images Oil prices are falling on Wednesday after U.S. inventories surprisingly rose and Saudi Arabia offered to reroute exports through Oman. Brent crude, the international benchmark, dropped 1.29% and clocked in at $107.25 per barrel…
Read MoreDell XPS 13 Review: Dell’s $699 XPS 13 Brings MacBook-Level Polish To Windows
The XPS name has traditionally represented the premium end of Dell’s consumer laptops, but the new XPS 13 DX13260 is entering a very different part of the market. It currently starts at just $699.99, with Dell even offering student pricing from $599. My review unit is close to the entry end of the range, with…
Read MoreTrump Claws Back From Record-Low Approval, But Democrats Open Biggest Lead Since His Return: Poll
President Donald Trump‘s approval rating has edged higher after falling to the lowest level of his political career, but a new poll contains a more troubling signal for Republicans heading toward the November midterm elections. The latest Reuters/Ipsos survey found that 35% of Americans approve of Trump’s performance as president, up two percentage points from…
Read MoreTrump Losing Support On Economic Issues, Democrats Surge To Nine-Point Lead On Generic Ballot: Poll
Democrats have surged to a nine-point advantage over Republicans on the generic congressional ballot, according to a new poll. The New York Times/Siena poll found that voters now trust Democrats more on issues like immigration, the economy, the cost of living, health care, and foreign wars. One issue where Republicans did poll better than Democrats…
Read MoreMexico’s Drug Cartels Are Moving Deeper Into Crypto With Hidden Mining Farms: Report
Mexican authorities have seized a suspected cryptocurrency mining operation in the mountains of Puebla, where investigators are examining whether virtual assets generated at the site were used to disguise money connected to illegal activity. The operation in Tlaola, in Puebla’s Sierra Norte region, was carried out jointly by Mexico’s federal attorney general’s office, the Navy…
Read MoreTreasury Yields Hit The Highest Level In Almost 20 Years And Oil Kept Climbing. Stocks Fell Again.
Stocks fell again on Tuesday as bond yields and oil prices kept climbing amid a continued selloff of U.S. debt and hostilities in the Middle East. The S&P 500 dropped 0.45%, while the Dow Jones Industrial Average did so 0.63%. The tech-heavy Nasdaq Composite underperformed, decreasing by 0.78%. The benchmark 10-yield Treasury note rose on…
Read MoreDemocrats Block The U.S.’s Biggest Crypto Bill. They Are Demanding Concessions From Trump.
Democrats blocked a legislation aimed at creating a new regulatory framework for cryptocurrency on Tuesday, demanding it includes strong safeguards to prevent President Donald Trump and his family from enriching themselves through the asset before passing it. “Let’s make sure that we do not pass a crypto bill that will let Donald Trump continue to…
Read MoreSaudi Arabia’s Key Pipeline Has Been Shut Down. Energy Secretary Wright Says It Will Reopen Soon.
Energy Secretary Chris Wright said the Saudi East-West pipeline will take days, rather than weeks, to resume pumping after sustaining multiple attacks last week. Speaking to CNBC, Wright said “this will be a brief and temporary interruption” that will be “measured in days.” Riyahd’s ability to reopen the pipeline will be key for the already…
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