Monthly Archives: August 2022

Google’s third bet from its Africa Investment Fund is in logistics company Lori Systems

Lori Systems, an African on-demand logistics and trucking company digitizing haulage and providing shippers with solutions to manage their cargo and transporters, has raised a pre-Series B round in which Google participated along with other existing investors. Sources say the company raised at a slightly higher valuation than its last $110 million valuation in 2020. …

Michael Cohen says Trump’s next move in the Mar-a-Lago probe would be to find a scapegoat — Rudy Giuliani

Former New York Mayor Rudy Giuliani was identified by Michael Cohen as former President Donald Trump’s possible scapegoat for any criminal charges emerging from the Mar-a-Lago probe. AP Photo Michael Cohen said Trump is likely looking for a scapegoat for potential criminal charges. Calling Trump “Captain Chaos,” Cohen speculated that this scapegoat could be Rudy…

Top US naval commander says China’s firing of missiles near Taiwan must be contested

The army of the Eastern Theater Command of the Chinese People’s Liberation Army PLA conducting long-range live-fire drills in the Taiwan Strait on August 4. Hong Wei/Xinhua via Getty Images A top US fleet commander said China’s firing of missiles over Taiwan must be contested. He warned that failure to do so would embolden China…

US futures ease ahead of big retailer earnings; weak Chinese data keeps oil near pre-war lows

Walmart and Home Depot earnings are in focus today. Michael M. Santiago/Getty Images US stock futures largely dipped Tuesday following a strong run of gains recently.  Oil prices extended their slide for a third straight session, edging towards 6-month lows. Investors will narrow their focus on Walmart earnings as well as the Fed minutes this…

Trump attacks DOJ and Florida judge hours after saying that anger around the Mar-a-Lago raid had gone too far

Former President Donald Trump at a rally in Anchorage, Alaska. Justin Sullivan/Getty Images Trump said Monday morning that people had to calm down about the FBI raid or “terrible things” would happen. On Monday night, he again attacked the DOJ and the judge who issued the search warrant. Trump said the judge should recuse himself…