Author: Press Room

CNN  —  Twitter and Tesla CEO Elon Musk met with House Speaker Kevin McCarthy at the US Capitol in Washington on Thursday evening, according to two sources familiar with the meeting. McCarthy, leaving the meeting with Musk in his office, declined to comment other than to say: “He came for my birthday.” McCarthy turned 58 on Thursday. CNN has reached out to Musk for comment on what the two men said during the meeting. The meeting between McCarthy and Musk comes as the House Oversight Committee is planning to hold a hearing next month focused on Twitter and how it…

Bed Bath & Beyond said it received a notice of default from JPMorgan and did not have enough cash to repay debts of more than $1bn to the lender, pushing the US home goods retailer a step closer to a potential bankruptcy.The company said in a Securities and Exchange Commission filing on Thursday that it had received a notice of acceleration and default from JPMorgan, which determined the retailer had breached its loan covenants and was now demanding the principal amount of all its outstanding loans to the group.Bed Bath & Beyond had about $1.1bn in outstanding borrowings split among…

As the interim head coach, Steve Wilks took a 1-4 Carolina Panthers team (that just traded Christian McCaffrey) back into playoff contention, going 6-6 in the team’s final 12 games.On Thursday, the Panthers announced the hiring of Frank Reich to be their next head coach.Wigdor LLP represents Wilks and is representing Brian Flores in his race discrimination lawsuit against the NFL after the former Miami Dolphins head coach said he felt front offices were interviewing Black candidates simply to fulfill the Rooney Rule, rather than give them a serious shot at job opportunities. After Reich was hired despite Wilks getting…

Illinois Governor J.B. Pritzker is hitting Florida Governor Ron DeSantis after his administration decided to block the College Board’s African American Studies AP course from being taught in the state.Pritzker aired his objections in a letter to the College Board on Wednesday, urging them to leave the African American Studies AP course untouched after reports that they are considering making changes after DeSantis’ administration rejected it, according to a letter obtained by Politico from the Illinois governor.”I am writing to you today to urge the College Board to preserve the fundamental right to an education that does not follow the…

Bitcoin’s price has been on a rollercoaster ride, with the digital asset blasting past $40 billion in trading volume. As the market continues to evolve, many traders and investors are wondering where Bitcoin is headed next.In this article, we’ll explore recent trends and provide an overview of what analysts are predicting for the future of Bitcoin prices.The global crypto market cap has gone up by about 3%, pushing Bitcoin’s price to beyond the $23,000 mark. At present, the total market capitalization stands at approximately $1.09 trillion. Ethereum, the second largest cryptocurrency, saw a surge of over 1.50% and is now…

A fourth suspect had been arrested in the alleged subway beating of a Fox News meteorologist over the weekend, police said Thursday. Dante Hampton, 18, was arrested and charged with third degree assault, a misdemeanor, for his role in the attack on weatherman Adam Klotz, 37, on a southbound 1 train early Saturday, cops said. Hampton, who allegedly hit Klotz with a closed fist, was given a desk appearance ticket to show up to Manhattan Criminal Court at a later date, according to cops and police sources. Three other suspects — two 15-year-olds and a 17-year-old — were arrested soon…

Southwest Airlines said it is testing software fixes that the company developed after its Christmas travel meltdown, as the airline faces multiple federal investigations. The software fixes are an “upgrade,” rather than a replacement of the crew scheduling system, Southwest executives said on a conference call with reporters Thursday. The airline and its employees have said the scheduling software left the company unable to recover from winter storms on some of the busiest travel days of the year and caused it to cancel more than 16,700 flights between December 21 and 29, roughly half its schedule during that period. The…

“There might be someone getting shot tomorrow.” That was the warning from Twitter staff at an internal meeting on Jan. 5, 2021, the eve of the deadly attack on the US Capitol. It wasn’t the only stark warning Twitter management received ahead of the insurrection, according to two former Twitter employees who spoke to the House Jan. 6 Committee. But now these witnesses, along with some committee staff, are frustrated, saying the committee failed to adequately hold major social media companies to account for the role they played in the worst attack on the Capitol in 200 years. It was…

Dean Barnes, 16 — who died in a motorbike crash earlier this week — had previously been convicted for his role in a car theft that saw a takeaway owner killed, it has been revealedA teenage boy who died in a motorbike crash this week had earlier been convicted for his role in a plot to steal a takeaway shop owner’s car that resulted in the man’s death. Dean Barnes, 16, was killed in an accident between a motorbike and a car in Stockport on Tuesday, January 24 after suffering fatal injuries. Greater Manchester Police said that a man in…

The Intel Corporation logo is seen at a temporary office during the World Economic Forum 2022 (WEF) in the Alpine resort of Davos, Switzerland May 25, 2022.Arnd Wiegmann | ReutersCheck out the companies making headlines in after-hours trading.Intel — Shares of Intel plunged 8.2% after the company reported earnings that missed on the top and bottom lines. The company reported adjusted earnings of 10 cents per share on $14.04 billion in revenue where analysts expected 20 cents per share on revenue of $14.46 billion, per Refinitiv. Intel also gave weak guidance, forecasting a net loss in the first quarter.  Visa…