Liz Cheney Ousted From Leadership Post By House Republicans

House Republicans voted to oust Rep. Liz Cheney (R-WY) as conference chair in a Wednesday morning vote, following months of brewing friction over her constant criticisms of former President Trump, according to Axios, citing two sources in...

https://www.zerohedge.com/political/liz-cheney-ousted-leadership-post-house-republicans

#ZeroHedge

SoftBank Group Corp (TYO: 9984) said on Wednesday a series of blockbuster IPOs pushed its profit to a record high for any Japanese company. The conglomerate holding firm posted 32 billion of annual net income. SoftBank opened at 62.38 per share in the stock market on Wednesday and is currently ...

https://invezz.com/news/2021/05/12/softbank-reports-massive-26b-profit-from-vision-fund/

#InvezzNews

On April 22nd President Biden kicked off a virtual Leadership Summit on Climate by declaring that the US will cut its global warming emissions in half by the end of the decade. This goal, as well as the summit, which included 40 world leaders, affirmed President Bidens commitment to combatting ...

https://www.brookings.edu/blog/up-front/2021/05/12/tax-carbon-and-consumption-not-middle-class-income/

#BrookingsInstitution

U.S. electric vehicle maker Tesla Inc said via Weibo on Wednesday that it supports standardisation of China auto industry...

https://www.channelnewsasia.com/news/business/tesla-says-it-supports-standardisation-of-china-auto-industry-14795910

#channelnewsasia

French food group Danone, under pressure from investment funds over its shareholder returns, on Wednesday said it is selling a potential US$2 billion stake in China Mengniu Dairy Company...

https://www.channelnewsasia.com/news/business/danone-to-sell-potential-us-2-billion-stake-in-china-mengniu-14795922

#channelnewsasia

French markets watchdog AMF said
on Wednesday Britain will take advantage of Brexit to diverge
from European Union financial rules to make the City of London
more attractive...

https://www.reuters.com/article/britain-eu-markets/french-watchdog-expects-britain-to-diverge-from-eu-on-financial-rules-idUSL8N2MZ5W5

#Reuters

BURLINGTON, Vt. (AP) - The state of Vermont and the Lake Champlain Transportation Company are dropping plans to sink a century-old ferry in Lake Champlain where it could have been used as an underwater scuba diving destination...

https://apnews.com/article/vermont-business-309ab6742890ea49008dbc53dbde80aa

#APNews

JERUSALEM (AP) - The Latest on confrontations between Israelis and Palestinians as Israel signals a widening military campaign...

https://apnews.com/article/middle-east-israel-3a1c810bc2c08023543c911635cc83cf

#APNews

PAWTUCKET, R.I. (AP) - With no baseball team in town, McCoy Stadium in Pawtucket is being put to good use with the opening of a vaccination clinic at the site on Wednesday.The drive-up, walk-up site will be open every Wednesday from 5 p...

https://apnews.com/article/ri-state-wire-pawtucket-coronavirus-pandemic-sports-baseball-47501ea49cad472cd6f2a46b064a149a

#APNews

Short interest in both Apple and Microsoft plunged in the two-week reporting period that ended April 30...

https://247wallst.com/technology-3/2021/05/12/short-sellers-have-had-enough-of-betting-against-apple-microsoft/

Stocks fall Wednesday after consumer prices in the U.S. jumped in April by the most since 2009.Stocks fall Wednesday after consumer prices in the U.S. jumped in April by the most since 2009.Stocks fell Wednesday afterconsumer prices in the U.S. jumped in April by the most since 2009.The Dow Jones ...

https://www.thestreet.com/markets/stock-market-dow-jones-nasdaq-inflation-tech-051221

#thestreet

Second Sight says an early feasibility study of its visual prosthetics system shows 'promising' results.Second Sight says an early feasibility study of its visual prosthetics system shows 'promising' results.Shares of Second Sight Medical Products (EYES) - Get Report, a developer of technology to ...

https://www.thestreet.com/investing/second-sight-soars-on-progress-prosthetics-test-results

#thestreet

"However canned that statement was, we did find it revealing, as it showed how out of touch your corporate executives are," the letter reads.

Some Subway franchisees say theyre struggling.
Peter Summers/Getty Images

Dozens of Subway franchisees penned a letter to owner Elisabeth DeLuca asking...

https://www.businessinsider.com/subway-franchisees-slam-executives-demand-lower-fees-2021-5

#Insider

The Daily Beast interviewed women who discussed their experiences with Greenberg, a former Florida tax official.

Joel Greenberg as pictured on Seminole Countys website. He served as a tax collector in the county before his indictment in 2020.
Seminole County

4 women told The Daily Beast they ...

https://www.businessinsider.com/4-women-gaetz-friend-joel-greenberg-allegations-beast-2021-5

#Insider

[Radio Dabanga] Khartoum -- Two young men were shot dead and at least 28 others were wounded in front of the army command in the Sudanese capital yesterday, when army forces dispersed a group of people commemorating the violent dismantling of the Khartoum sit-in two years ago. The reasons for the ...

https://allafrica.com/stories/202105120785.html

#AllAfricaNews

Hankook Tyre UK is the official tyre sponsor at Supercar Fest for a second year. After the events successful debut in 2019 at Shelsley Walsh, event organisers will be hosting two events in 2021. Supercar Fest: The Runway will take place on 30 May at Sywell Aerodrome in Northamptonshire, which will ...

https://www.tyrepress.com/2021/05/hankook-continues-supercar-fest-partnership/

#Tyrepress

You don't have to settle for slow investment growth. Try these tips to move into the next gear.Retirement ticks closer every day, yet your nest egg barely seems to grow. Sound familiar? You're definitely not the only one. Shoveling money into a retirement account isn't always enough to get you where...

https://www.fool.com/investing/2021/05/12/3-simple-moves-to-shift-your-retirement-savings-in/?source=iedfolrf0000001

#fool

Nearly 2,000 Gas Stations Out Of Fuel As Panic-Hoarding Hammers Southeast

Gas stations from Florida to Virginia ran dry, and prices at the pump skyrocketed late Tuesday, as the hack attack on the biggest U.S. fuel pipeline extends into the fifth day.

On Tuesday evening, 17 states and Washington, ...

https://www.zerohedge.com/commodities/nearly-1800-gas-stations-across-southeast-run-out-fuel-amid-panic-hoarding

#ZeroHedge

Though Vermont has the highest median student debt in default, the percentage of adults with student debt in default is the lowest among all states...

https://247wallst.com/economy/2021/05/12/this-is-the-state-where-people-struggle-the-most-from-student-debt/

Becoming an Associates member and recognized by the International Cricket Council is difficult but Ukraine is on track thanks to the passion and dedication of former professional cricketer Kobus Olivier. Becoming an Associates member and recognized by the International Cricket Council is difficult ...

https://www.forbes.com/sites/tristanlavalette/2021/05/12/ukraine-could-become-the-next-associates-member-due-to-the-passion-of-a-cricket-nomad/

#ForbesBusinessNews

The San Francisco 49ers will face the Detroit Lions and Jared Goff in Week 1, a matchup that should have their defense salivating.The San Francisco 49ers will face the Detroit Lions and Jared Goff in Week 1, a matchup that should have their defense salivating...

https://www.forbes.com/sites/nicholasmcgee/2021/05/12/san-francisco-49ers-defense-will-relish-jared-goff-reunion-in-week-1/

#ForbesBusinessNews

The latest plans from developer Integral Communities call for up to 974 new apartments, condominiums, and "townhome-style condominiums. UNION CITY The Planning Commission on Thursday will consider approving a developers proposal to build almost 1,000 apartments and condominiums and 31...

https://www.mercurynews.com/2021/05/12/huge-condo-apartment-project-planned-near-union-city-bart-station/

#TheMercuryNews

The Los Angeles Lakers are banged up and facing a potentially scary play-in game next week against a red-hot Steph Curry and the Golden State Warriors.The Los Angeles Lakers are banged up and facing a potentially scary play-in game next week against a red-hot Steph Curry and the Golden State ...

https://www.forbes.com/sites/adamzagoria/2021/05/12/banged-up-lakers-facing-a-potentially-scary-play-in-game-against-steph-curry-warriors/

#ForbesBusinessNews

"Remaining silent and ignoring the lie emboldens the liar," Cheney said in a speech from the House floor on Tuesday night.

Rep. Liz Cheney was one of 10 House Republicans who voted to impeach former President Donald Trump for inciting the insurrection at the U.S. Capitol.
Tasos Katopodis/Getty ...

https://www.businessinsider.com/republicans-vote-to-oust-rep-liz-cheney-from-leadership-2021-5

#Insider

Nearly 3,000 inmates at two prisons in Thailand’s capital have tested positive for COVID-19 as the country battles a new wave of the coronavirus...

https://abcnews.go.com/Health/wireStory/covid-19-infections-surge-prisoners-bangkok-77643195

#ABCNews

SACRAMENTO, Calif. (AP) - All 4-year-olds in California could go to kindergarten for free under a new proposal from Gov. Gavin Newsom's administration, part of a broad new education spending package made possible by the state's surprise budget surplus...

https://apnews.com/article/california-health-coronavirus-pandemic-business-education-c4dc90efd2de3059148f50c47d4937cd

#APNews

COPENHAGEN, Denmark (AP) - Danish lawmakers agreed Wednesday to set up a task force to look into a 1990 ferry fire that killed 159 people, which could lead to a new police investigation into one of Scandinavia's worst peacetime maritime disasters...

https://apnews.com/article/europe-fires-business-facaa024377ba8559bb581ded74f9426

#APNews

McRaven, one of the nation's best-known Navy SEALs and former commander of US Special Operations Command, oversaw the mission to kill Osama bin Laden.

Retired US Navy Adm. William McRaven, a former Navy SEAL and special operations commander.
Robert Daemmrich Photography Inc/Corbis via Getty Images...

https://www.businessinsider.com/university-president-apologizes-plagiarizing-william-mcraven-speech-2021-5

#Insider

Keenan Laurence kept a big bag of trail mix next to his bed for the times when he was stuck inside during Colorado snowstorms.

Keenan Laurence inside his tiny home in Silverthorne, Colorado.
Keenan Laurence

Keenan Laurence, 21, is a professional ultimate Frisbee player from Palo Alto, California.
...

https://www.businessinsider.com/living-inside-tiny-home-in-colorado-for-9-months-pandemic-2021-5

#Insider

The long-term slump in the IMB share price makes Imperial Brands look like one of the cheapest stocks in the FTSE 100 to me.
The post The IMB share price is growing strongly. Heres what Id do now appeared first on The Motley Fool UK.

Tobacco is out of fashion, and Imperial Brands (LSE: IMB) ...

https://www.fool.co.uk/investing/2021/05/12/the-imb-share-price-is-growing-strongly-heres-what-id-do-now/

#TheMotleyFoolUK

India's industrial output rose 25.8per cent in March from a year earlier, government data showed on Wednesday...

https://www.channelnewsasia.com/news/business/india-s-march-industrial-output-rises-25-8-year-on-year-14795728

#channelnewsasia

Currently, first-class and second-class stamps are 85p and 66p respectively. But who actually sets the price of a stamp in the UK?
The post Who decides the price of a stamp? appeared first on The Motley Fool UK.

The price of stamps has risen every year since 2015.
Today, sending a standard sized ...

https://www.fool.co.uk/mywallethero/who-decides-the-price-of-a-stamp/

#TheMotleyFoolUK

A Hayward couple is facing hundreds of dollars in fines after a homeless man set up camp on the edge of their property. HAYWARD When Luis Hernandez set up camp at the end of Patrick Crosby and Lorraine Souzas driveway, the couple was sympathetic.
Crosby and Souza understood the extent of the ...

https://www.mercurynews.com/2021/05/12/hayward-they-tried-to-help-a-homeless-man-now-theyre-being-fined/

#TheMercuryNews

The news: Madrona Venture Labs, the startup studio associated with Madrona Venture Group, has raised $8 million for its fourth fund. The Seattle-based studio also unveiled a new model that turns its investors tech vets such as former Zillow Group CEO Spencer Rascoff; former Qualtrics exec Julie ...

https://www.geekwire.com/2021/madrona-venture-labs-raises-8m-unveils-plan-turn-investors-co-founders-spinouts/

#GeekWire

QuantumScape shares were lower after its first-quarter report.QuantumScape shares were lower after its first-quarter report.Shares of QuantumScape Corp. (QS) - Get Reportdropped premarket Wednesday after the electric-vehicle-battery maker reported first-quarter results that missed estimates.The San ...

https://www.thestreet.com/investing/quantumscape-drops-on-wider-net-loss

#thestreet

India's retail inflation rose 4.29per cent in April from a year ago, government data released on Wednesday showed...

https://www.channelnewsasia.com/news/business/india-s-april-inflation-rose-4-29-year-on-year-government-14795724

#channelnewsasia

The Dell Technologies HPC Community held its first online-only conference, producing great discussions and recommendations to advance HPC, as well as helping professionals and colleagues connect virtually.
The Dell Technologies HPC Community held its first online-only conference, producing great ...

https://www.delltechnologies.com/en-us/blog/hpc-springs-eternal-at-dell-technologies-hpc-community-meeting/

#EMCNewsReleases

Population growth has slowed in the U.S. in recent years. The U.S. population increased by just 0.48% from 2018 to 328.2 million people in 2019, the slowest growth in a century. While the U.S. grew...

https://247wallst.com/special-report/2021/05/12/americas-fastest-shrinking-cities-8/

The German government expects its
tax revenues for 2021 to 2025 to come in 2 billion euros ($2.42
billion) below previous projections as the coronavirus pandemic
hits federal public finances more than initially feared, a
document showed on Wednesday...

https://www.reuters.com/article/germany-budget/germany-faces-stretched-budget-as-covid-tears-hole-into-public-finances-idUSL8N2MZ3RF

#Reuters

It will be "some time" before
the U.S. economy is healed enough for the Fed to consider
reducing its monthly bond purchases, Fed vice chair Richard
Clarida said on Wednesday, acknowledging that April's weak
employment report makes the pace of the jobs recovery "more
uncertain" than that of the ...

https://www.reuters.com/article/usa-fed-clarida/feds-clarida-rebalancing-makes-pace-of-u-s-jobs-recovery-more-uncertain-idUSN9N2JO02O

#Reuters

* Futures down: Dow 0.40%, S&P 0.69%, Nasdaq 1.29%
(Adds comment; details; updates prices...

https://www.reuters.com/article/usa-stocks/us-stocks-wall-st-set-to-open-lower-as-strong-inflation-stokes-rate-hike-fears-idUSL4N2MZ30H

#Reuters

Company continues to make losses without troubling space Virgin Galactic reckons it has dealt with an electromagnetic interference (EMI) problem that aborted a recent test flight just as another technical gremlin rears its head...

https://go.theregister.com/feed/www.theregister.com/2021/05/12/virgin_galactic_issues/

#TheRegister

Slovakia's health minister says the AstraZeneca coronavirus vaccine should remain part of his country's vaccination program...

https://abcnews.go.com/Health/wireStory/slovakia-plans-keeping-astrazeneca-pause-77642806

#ABCNews

WASHINGTON (AP) - U.S. consumer prices surged 0.8% in April, pushing the rise in inflation over the past year to the fastest rate in more than a decade, an acceleration that has stirred rising worries about its effect on the economy...

https://apnews.com/article/consumer-prices-prices-business-b43a1f5e02e7c42090ad3ef1dd05f4c6

#APNews

During the decade-long Dove "Real Beauty" campaign with real women, no models, and no retouching, annual sales jumped from $2.5 billion to $4 billion.

The Dove Real Beauty campaign almost doubled annual sales for the brand within a decade.
Unilever

PR campaigns with relatability, impact, and the ...

https://www.businessinsider.com/pr-publicity-campaign-examples-business-boost-2021-5

#Insider