Author: MNK News
President-elect Donald Trump on Tuesday tapped Federal Trade Commission (FTC) Commissioner Andrew Ferguson to lead the agency. “I am pleased to appoint Andrew N. Ferguson to be the next Chair of the Federal Trade Commission. Andrew has a proven record of standing up to Big Tech censorship, and protecting Freedom of Speech in our Great Country. Sworn in as a Commissioner on April 2, 2024, he will be able to fight on behalf of the American People on Day One of my Administration,” Trump wrote in a statement on Truth Social. Ferguson has served as a Solicitor General of the Commonwealth of Virginia, and was an…
Korean Air Lines Co. passenger aircraft on the tarmac at Incheon International Airport in Incheon, South Korea.SeongJoon Cho/Bloomberg South Korea’s flag carrier Korean Air Lines has acquired a controlling stake in Asiana Airlines for about $1 billion, combining the country’s biggest and second-largest airlines. Korean Air, controlled by the Cho family’s Hanjin KAL holding company, bought 131,578,947 newly issued shares of Asiana for almost 1.5 trillion won (about $1 billion), Asiana said in a regulatory filing Thursday. The shares are equivalent to a 63.88% stake in Asiana and the company is now a subsidiary of its once-larger rival. The two…
Travis Head blasted a brilliant 103 not out and Steve Smith made an unbeaten half-century to propel Australia to 234-3 at tea on the second day of the third Test against India on Sunday. After all but 13.2 overs of the first day were washed out on Saturday in Brisbane, Head and Smith batted through the middle session to put Australia firmly in charge with their unbeaten 159-run partnership. Smith, after struggling for much of his innings, reached 65 for his first half-century since he made 91 not out against the West Indies in January, again at the Gabba. Head…
After famed investor Marc Andreessen met with government officials about the future of tech last May, he was “very scared” and described the meetings as “absolutely horrifying.” These meetings played a key role on why he endorsed Trump, he told journalist Bari Weiss this week on her podcast. What scared him most was what some said about the government’s role in AI, and what he described as a young staff who were “radicalized” and “out for blood” and whose policy ideas would be “damaging” to his and Silicon Valley’s interests. He walked away believing they endorsed having the government control…
Manchester City will enter today’s derby against Manchester United with their defensive stocks severely depleted. That has been a common theme so far this season. With the January transfer window set to open next month two new reports give the impression that City could be in the market for a left and a right-back. That would be a smart move from the world champions if they do decide to pursue that avenue in a few weeks.First of all, Pete O’Rourke has reported for Football Insider that Manchester City are looking at Jeremie Frimpong to be the long-term replacement for Kyle…
The NFT market sales have surged amid mixed cryptocurrency price action, with Bitcoin reclaiming the $100,000 level while Ethereum retreated from last week’s $4,000 mark. The global cryptocurrency market capitalization has slightly contracted to $3.63 trillion from last week’s $3.67 trillion as per CoinMarketCap data. According to the latest data from CryptoSlam, the NFT market has surged 16.36%, with total sales volume reaching $224.5 million. However, the data shows that the number of unique buyers has decreased by 73.97% to 180,641. Ethereum network sees a 21% surge The Ethereum (ETH) blockchain continues to dominate with $118.9 million in sales, showing…
General Motors has announced that it will no longer fund the development of its Cruise division’s robotaxi service, citing increasing competition, capital allocation priorities, and the significant time and resources required to grow the business. CNBC reports that in a major strategic shift, GM has decided to abandon its Cruise driverless ride-hailing service and fold the division into its broader tech team. The announcement, made on Tuesday, comes after the Detroit automaker invested more than $10 billion in the robotaxi unit. GM shares rose 2.3% in extended trading following the news, but are down 1.9 percent in morning trading on…
The HF Sinclair Corporation logo seen displayed on a tablet.SOPA Images/LightRocket via Getty Images The Prudent Speculator follows an approach to investing that focuses on broadly diversified investments in undervalued stocks for their long-term appreciation potential. Does that mean we build portfolios of 20 stocks…30…? More like 50 and up. We like stocks. And we like a lot of ‘em. We don’t rely nearly as much on “how many” as we do “in which,” but we tend to invest in far more names than most. This expansive diversification, we find, potentially serves us well in two ways: we can further…
Topline Texas filed a civil lawsuit Friday against a doctor in New York who mailed abortion pills to a Texas patient, threatening a key way patients in states with abortion bans have maintained abortion access and marking a new escalation in anti-abortion advocates’ legal fight as they reportedly ramp up their efforts in the wake of Donald Trump’s election. Pro-abortion rights protesters march outside the Texas State Capitol on Sept. 1, 2021 in Austin, TX. … [+] The Washington Post via Getty Images Key Facts Texas Attorney General Ken Paxton filed the lawsuit in state court against New York physician…
For years, self-driving vehicles and flying cars seemed like futuristic ideas that only existed in movies. But recently, the rise of artificial intelligence (AI) and other technological advances has helped push us toward exactly that future. 🔌Don’t miss the move: SIGN UP for TheStreet’s FREE daily newsletter🔌 Recently, two companies have announced plans to expand into a city known for heavy traffic congestion. No, it is not Los Angeles, New York or Atlanta. Although this city is on the other side of the globe, it is densely populated and growing, making it a highly logical choice for companies in the…