Trump Demands Intel CEO “Must Resign” Over Alleged China Ties Cited In Senator Cotton’s Letter President Trump must have read U.S. Republican Senator Tom Cotton’s letter, sent to Intel’s Board on Wednesday, about the chipmaker’s new CEO, Lip-Bu Tan’s ties to Chinese firms, and a recent criminal case involving his former company, Cadence Design. That’s […]
Bank of England Cuts Rates To 4% After Historic Re-Vote The Bank of England cut interest rates by a quarter of a point to 4% in a hawkish decision that for the first time required a second round of voting, as the central bank contends with weak growth and high inflation, i.e. stagflation. In an
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Lilly Shares Tumble As Weak Weight-Loss Pill Data Overshadows Strong Earnings Eli Lilly shares plunged in premarket trading after disappointing results from its new weight-loss drug (a pill, rather than an injection) overshadowed strong second-quarter results and raised full-year guidance. Starting with the bad news: The topline data from the 72-week trial of orforglipron was underwhelming.
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The Bubble Is Bursting: Delinquency Rates Have Doubled And Credit Card Defaults Are Soaring Authored by Michael Snyder via The Economic Collapse blog, Did you know that U.S. households are carrying $1.18 trillion in credit card debt? Considering the fact that the average rate of interest on credit card balances is now over 20 percent,
Eli Lilly and Company (NYSE: LLY) reported its second quarter 2025 earnings results today. Worldwide revenue was $15.56 billion, up 38% from the same period a year ago. GAAP net income increased 91% to $5.6 billion, or $6.29 per share, compared to last year. Adjusted EPS rose 61% to $6.31. The company raised its full-year
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RFK Jr.’s Food Revolution Begins Next Month On Monday, USDA Secretary Brooke Rollins joined Gov. Kim Reynolds (R-IA), HHS Secretary Robert F. Kennedy Jr., FDA Administrator Martin Makary, and Gov. Patrick Morrisey (R-WV) to celebrate “MAHA Monday” with the announcement that six more states have agreed to remove junk food from the Supplemental Nutrition Assistance
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The Ministry Of Truth? The Government, Police, & Media-Monitoring Authored by Dominic Adler via Substack, The Telegraph published this headline yesterday: ‘Exposed: Labour’s plot to silence migrant hotel critics.’ The report concerns a team from the ‘National Security and Online Information Team (NSOIT)’, based in the Department of Science, Innovation and Technology. During last summer’s riots, NSOIT
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IDF Chief Clashes With Netanyahu Over Full Permanent Takeover Of Gaza Strip The Israeli military’s (IDF) chief of staff, Lt.-Gen. Eyal Zamir, reportedly sharply disagreed with Prime Minister Benjamin Netanyahu during a three hour security cabinet meeting Wednesday, where the question of what’s next in Gaza was hotly debated. Zamir presented various options, after widespread reports
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Design and development partnership accelerates customers’ time-to-market from concept to certification SPARK Microsystems, a Canadian fabless semiconductor company specializing in next-generation short-range wireless communications, today announced a collaboration agreement with Softgent focused on supporting SPARK customers with wireless communications and positioning solutions. This collaboration aims to help customers in healthcare and industrial markets achieve breakthrough
Four NATO States Agree To Buy $1 Billion In US Weapons For Ukraine Via The Libertarian Institute Denmark, Sweden, Norway, and the Netherlands announced they would buy $1 billion in weapons for Ukraine from the US. Copenhagen is pledging to buy $500 million in arms that will be matched by the three Scandinavian countries. “Ukraine
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