Author: Press Room

CNN  —  President Joe Biden is scheduled to speak at a union hall in northern Virginia Thursday afternoon, attempting to cast himself as a defender of the middle class by leaning into his economic accomplishments and contrasting them with the Republican proposals he says would be catastrophic for Americans’ pocketbooks. As Washington has been gearing up for a standoff over the debt ceiling and the potential for a global economic fallout later this year, the speech will give Biden a chance to turn the focus away from news of the discovery of classified documents in unsecured areas in his home…

Close to 100 companies that took money from the state-backed Future Fund have gone bust, highlighting the risks of the Covid-19 support scheme designed to protect promising tech and early-stage businesses at the height of the pandemic.On Thursday, the government revealed that 83 companies that received convertible loans from the Future Fund had gone into administration or been declared insolvent.Future Fund converted its investment in a further 12 businesses into equity stakes in businesses that had also failed. The collapse of these businesses puts millions of pounds of taxpayer money in jeopardy. Officials who helped design the scheme have said…

Check out the companies making headlines in midday trading.Seagate Technology — Shares of the data storage company surged more than 10% a day after Seagate posted beats on the top and bottom line for its fiscal second quarter. Seagate reported earnings of 16 cents per share on revenue of $1.89 billion. Analysts called for earnings of 10 cents per share on $1.83 billion in revenue, according to Refinitiv.Chevron – Shares of the energy giant popped 4% a day after the company announced a $75 billion buyback and said that it would boost its dividend payout.Tesla — Shares of the electric…

A 3-year-old girl has died more than two weeks after she was seriously injured in an Indianapolis apartment fire that killed her father and 15-month-old sister, a fire official said.Battalion Chief Rita Reith said the Indianapolis Fire Department was notified that the girl died Thursday morning. She was among five people hospitalized after firefighters pulled them, unconscious and in cardiac arrest, from the smoke-filled apartment on Jan. 9.The girl’s 31-year-old father died two days after the fire, while her 15-month-old sister died the next day. He was identified by the Marion County Coroner’s Office as Raymond Diggs, while the toddler…

FIRST ON FOX: Nearly 200 House Republicans penned a letter to the Biden administration Thursday, demanding that it rescinds a regulation that could threaten the livelihoods of thousands of U.S. farmers and ranchers.The letter — led by Congressional Western Caucus Chairman Dan Newhouse, R-Wash., and cosigned by 193 fellow Republicans including House Majority Whip Tom Emmer, R-Minn. — argued that the so-called Waters of the United States (WOTUS) rule, which broadly defines water sources protected under the Clean Water Act, would create regulatory uncertainty and confusion.Newhouse addressed the letter to Environmental Protection Agency (EPA) Administrator Michael Regan and Michael Connor,…

Thursday January 26th 2023 – Meta Masters Guild, a play-to-earn games platform, has successfully raised $1.5 million in its presale and is moving forward with the development of its first game, Meta Kart Racers.The project is currently raising more than $500,000 a week, and will soon be coming out of Stage 3 of the fundraise after it reaches its $1,848,000 milestone.In Stage 4 of the $MEMAG presale the token increases in price from $0.01300 to $0.01600, a 23% rise.The presale has seven stages altogether, with the staged price rises finishing at $0.02300 – 76% above the Stage 3 price.Although the…

Lauren Howe, 26, was found dead at her home in West Yorkshire last July with severe injuries including a torn liver, as her partner Charlie Booth is now on trial for her murderA young mum-of-two died after having her liver torn open in an injury ‘usually seen after a car crash or fall from height’, a court heard. Lauren Howe’s fatal injuries were caused by being hit repeatedly by her partner Charlie Booth, 27, prosecutors said today. Leeds Crown Court heard how Lauren, 26, was found dead at her house in Baildon, near Bradford, West Yorks., on July 24 last…

Dotdash Meredith, the publisher that houses well-known brands such as People, Better Homes & Gardens, InStyle, Travel + Leisure, and others, will lay off 7% of its staff, the company’s chief executive said Thursday. It’s the latest example in a brutal wave of layoffs that have consumed the media and technology industries. In making the job cuts at Dotdash Meredith, which will impact 274 employees, CEO Neil Vogel cited the poor economic terrain the company is trying to navigate. “We are not immune to the broader challenges of the ad industry and of the economy as a whole, and today’s…

January has been a kind month to the crypto market, with Bitcoin and Ethereum seeing substantial gains while many altcoins continue to bounce hard from 2022 lows. Bitcoin recently rose to a January peak of $23,501 before rebounding slightly to its present value at $23,180 as of writing.This represents an increase of 0.53% on the day and more than 9.55% over the past week. Ethereum has also seen gains, currently trading at $1,614, up 3.5% for the day and 6.5% for the week.The industry’s two largest cryptocurrencies by market capitalization have also seen a cumulative trading volume of more than…

The Biden administration is proposing to allow people to check off Hispanic or Latino as their race.The administration has been reviewing its more than quarter-century-old definitions of race and ethnicity and is proposing to combine two questions about race and ethnicity into one on the census and in other government data collection.The administration also is proposing a Middle Eastern or North African category, shortened to MENA. Currently people of such origin are included in the white category, something people in the MENA category have advocated to be changed for three decades, the proposal states. The proposals, previewed Thursday, were to…