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Acting U.S. Attorney General Todd Blanche speaks at a press conference at the Department of Justice on May 4, 2026 in Washington, DC.Kevin Dietsch | Getty ImagesA federal judge on Thursday said a lawsuit challenging the Department of Justice’s creation of a $1.8 billion “anti-weaponization” fund will proceed, citing the DOJ’s refusal to confirm in writing to her that the fund is dead, as the department has verbally said it is.Judge Leonie Brinkema, in an order in U.S. District Court in Alexandria, Virginia, said that if the DOJ had given her a “short, written declaration under the penalty of perjury”…
As the New York Knicks clinched their first championship in 53 years and the NBA notched its highest Finals series ratings since 1998, professional basketball was inking another record. The five-game series between the Knicks and the San Antonio Spurs generated “15 billion views and counting on social media, the most ever for an NBA Finals and nearly triple the previous record set in 2025,” according to the NBA. Game 5 alone generated more than 4 billion views on social media platforms, breaking the record set three days prior by Game 4. It’s emblematic of an intensifying battleground in live…
Doncasters shares surge 33% in New York debut Source link
The electric car brand Polestar’s days in the US are seriously numbered. Today, the company revealed that the US Commerce Department has declined to authorize imports of new Polestars from model year 2027 onward as part of a rule banning connected cars from automakers with Chinese links. Polestar says it will continue to sell its existing stock of Polestar 3 and Polestar 4 SUVs and “will continue to support customers, including providing access to its service network.” But we can forget about the Polestar 5 sedan, the Polestar 6 roadster, or any future models making it to these shores. The…
Burnham confirmed his intention to stand shortly after Sir Keir stepped down as prime minister on Monday.There had been suggestions that senior minister Darren Jones or former Armed Forces minister Al Carns could try to stand – however Jones has ruled himself out and Carns is yet to confirm if he will make a bid.Former Health Secretary Wes Streeting had previously said he would throw his hat into the ring, but gave his backing to Burnham on Monday. Burnham has also received backing from cabinet ministers including Chancellor, Rachel Reeves, Education Secretary Bridget Phillipson and Health Secretary James Murray. He…
Filippobacci | E+ | Getty ImagesLuxury spending is expected to rebound this year, driven mainly by experiences rather than luxury goods, according to a new study.After two years of declines, luxury goods sales are expected to grow between 1% and 4% in 2026, according to a report from Bain & Co. and Altagamma. Personal luxury goods sales are projected to reach between 365 billion euros and 373 billion euros (US$413.6 billion and US$422.7 billion) this year.The tensions in the Middle East continue to dampen sales. Dubai, United Arab Emirates, was one of the fastest-growing luxury markets in the world before…
Why is ServiceTitan stock sliding today? Source link
Every weekday, the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Thursday’s key moments. 1. Stocks were volatile Thursday as investors weighed another blockbuster quarter from Micron against the negative impact that surging memory-chip prices will have on the companies buying them. Micron jumped over 13% after reporting better-than-expected earnings and guidance, lifting its peers in the memory-and-storage complex like Sandisk and Western Digital . However, those gains were offset by weakness in major tech names including Apple , Amazon , Microsoft , Alphabet , and Meta — all…
The Supreme Court in a 7-2 decision on Thursday said Bayer cannot be sued over state-level claims that the company failed to warn of cancer risks from its weedkiller Roundup and its chemical glyphosate. The decision is a major win for Bayer and the Trump administration, which argued that failure-to-warn claims were preempted by a federal law that governs pesticides. It’s also a major blow to the Make America Healthy Again movement, which helped return Trump to the White House in the 2024 election but has felt betrayed by the administration’s embrace of glyphosate — the most commonly used weedkiller…
2027 GMC Sierra 1500 AT4X (left) and Denali Ultimate modelsCourtesy GMCDETROIT – General Motors revealed its 2027 GMC Sierra 1500 pickup truck lineup on Thursday with new V-8 engine options and redesigned interior and exterior styling.The new GMC trucks are crucial to the automaker’s sales and earnings, especially the highly profitable Denali luxury models and off-road AT4 models that represent roughly half of the vehicle’s current sales, according to GM. Such models feature unique parts, accessories and amenities to boost pricing and profits for the company.GM said Thursday it’s narrowing its model lineup for the next-generation Sierra to the Pro,…