Author: Press Room
Since the late 1990s, the number of publicly traded U.S. stocks has shrunk by nearly 50%.getty Since the late 1990s, the number of publicly traded U.S. stocks has shrunk by nearly 50%. This movement comes despite a mostly healthy run for the U.S. stock market overall, including dividends, which have been up over 500% since 2000. In other words, overall stock value has been a winning proposition for investors, but their investment choices have been nearly cut in half. What’s happened? Where have all the publicly traded stocks gone? And what does this mean for folks trying to invest for…
Syrian President Ahmed al-Sharaa made his first trip overseas since his formal appointment as head of state on Sunday, receiving a warm welcome in Saudi Arabia. Sharaa, formerly known as “Abu Mohammed al-Jolani,” is a wanted terrorist and leader of Hayat Tahrir al-Sham (HTS), an al-Qaeda offshoot. HTS won the Syrian Civil War, which lasted nearly a decade and a half, in December after longtime dictator Bashar Assad fled the country. Assad received political asylum in Russia, leaving HTS in charge of the country. Sharaa has spent much of his time in power promising Syria’s many minority groups, including Christians…
The landscape in the Temescal Canyon canyon trail is charred almost beyond recognition. Lush green hillsides are now bare, blackened by the Palisades Fire. The trail itself is buried in many places by landslides after the first rains. And yet, on the canyon floor, life once again defies the odds as the first green shoots of spring emerge after the fire. I hiked Temescal Canyon on Sunday, February 2, at sunrise. Officially, the trail is closed and off limits. It is — as I would find out — extremely dangerous, as many cliffside pathways have been reduced to treacherous loose…
Interim Syrian President Ahmed al-Sharaa is to meet Turkish President Recep Tayyip Erdoğan in Ankara on Tuesday on his second official trip abroad since taking power, the Turkish communications directorate announced.The meeting is be held on Tuesday afternoon, the presidential palace in Ankara said.Sources in the Syrian transitional government confirmed that al-Sharaa was planning a visit to Turkey following his trip to Saudi Arabia on Sunday.Turkey is working rapidly to establish relations with Syria, as are Saudi Arabia and Qatar. Turkey aims to help with economic reconstruction after more than a decade of civil war and with supporting the Syrian…
The new House subcommittee designed to complement the work of Elon Musk has named its first target: the nonprofit news media. The House Oversight and Government Reform Committee’s “Delivering on Government Efficiency” Subcommittee — or DOGE, mimicking its Musk-run analogue, the Department of Government Efficiency — is asking the leaders of PBS and NPR to testify next month. DOGE Subcommittee Chair Marjorie Taylor Greene, a Georgia Republican, put out the request to the executives in a letter Monday morning, specifying a preference for the weeks of March 3 or March 24. “As an organization that receives federal funds, both directly…
The US president has placed restrictions on Chinese goods in what he said was retaliation for failing to stem the flow of migrants and drugs into America China will file a lawsuit at the World Trade Organization (WTO) and take other retaliatory measures against US President Donald Trump’s new tariffs on its goods, the Commerce Ministry said in a statement on Sunday. According to the statement, Beijing sees Washington’s unilateral tariff increase as “seriously violating” WTO rules.Trump announced new tariffs on China, Mexico, and Canada on Saturday, citing concerns over the three countries’ failures in stemming the flow of migrants…
The City of Minneapolis has agreed to pay $600,000 to a woman who claims that former policeman Derek Chauvin once knelt on her back. Patty Day, a former employee of the Public Works Department, agreed to settle with the city council after claiming the Chauvin pinned her to the ground with his knee. Her story was intended to line up with Chauvin’s infamous maneuver that may have led to the death of George Floyd, although this remains disputed by autopsy reports. In her complaint, Day acknowledges that Chauvin fellow Officer Ellen Jensen caught her drunk driving, at which point they…
Current Climate brings you the latest news about the business of sustainability every Monday. Sign up to get it in your inbox. getty Surprising no one, newly minted U.S. Transportation Secretary Sean Duffy, a former Fox News personality and Wisconsin congressman, kicked off a rollback of Biden-era vehicle rules that pushed automakers to make cleaner, more fuel-efficient cars and trucks. The reason given was certainly honest: “President Trump has announced that it is the policy of the current Administration to promote the production, distribution and use of reliable domestic energy supplies, including oil, natural gas and biofuels.” The move was…
Google is giving a portion of its workforce the opportunity to voluntarily leave the company with a severance package, targeting those who may not be “deeply committed” to their roles. SFGATE reports that Google has announced a “voluntary exit program” for employees within its Platforms and Devices division based in the United States. Rick Osterloh, senior vice president at Google, informed workers late last week that they would be eligible for the program, which includes severance pay. The announcement comes as good news for the Alphabet Workers Union, which has been circulating a petition urging Google to offer buyouts before resorting to…
The European Union is reportedly considering significant changes to its rules on asylum seekers and illegal immigration amid growing recognition that Brussels’ open borders philosophy has failed. According to The Times of London, the EU is looking to overhaul the United Nations 1951 Refugee Convention, which is enshrined into EU law. Among other provisions, the convention prohibits member states from deporting failed asylum seekers, including illegal migrants and criminals, back to their native countries if their safety or freedom could be endangered by doing so. An EU diplomatic document calling for reform to the system seen by The Times said: “It should…