House Speaker Nancy Pelosi and House Minority Leader Kevin McCarthy. Saul Loeb/AFP via Getty Images The stock market could be poised for big upside ahead if Republicans win Congress in today’s midterm election.The most recent election forecast from FiveThirtyEight showed Republicans likely winning the House and Senate.“The very best scenario for stocks is a Democratic…
Monthly Archives: November 2022
Andrey Popov via iStock/Getty Images The American Hospital Association’s PAC lost more than $12,000. It told federal regulators that someone used fake checks to steal from its account. Theft from political committees has become an endemic problem in US politics. The American Hospital Association’s powerhouse political committee recently needed emergency financial care. In a letter…
Sanaa Seif, the sister of the imprisoned Egyptian-British activist Alaa Abd el-Fattah, called for his release at the UN climate summit in Sharm el-Sheikh, Egypt. Catherine Boudreau/Insider Egyptian-British activist Sanaa Seif is calling for her brother’s release from an Egyptian jail. Her advocacy during the UN’s climate summit is drawing attention to Egypt’s human-rights record….
Hungry House is opening a second location this year in New York. The first one, shown, opened last year in Brooklyn. Nancy Luna/Insider New ghost kitchens are upending the traditional model of renting out kitchens or franchising brands. Burger King’s owner recently opened its first ghost kitchen, or digital food hall, in Miami. Meet 7…
Paul Pelosi and Nancy Pelosi attend the 2018 White House Correspondents’ Dinner at Washington Hilton on April 28, 2018 in Washington, DC. Tasos Katopodis/Getty Images The 2022 midterms are unfolding at a time of increased attention to political violence. On the eve of Election Day, Donald Trump called House Speaker Nancy Pelosi an “animal.” Trump’s…
Blake Masters, a Republican candidate running for US Senate in Arizona, speaks at a Save America rally on July 22, 2022, in Prescott, Arizona. Ross D. Franklin/AP Arizona GOP Senate candidate Blake Masters said that he would “grind” President Joe Biden’s “agenda to a halt.” “I’m not going to vote for a single thing” if…
Liz Elting cofounded a translation service company called TransPerfect. NYU Stern Liz Elting cofounded TransPerfect in 1992 and led the company as co-CEO for 26 years. In that time, the company withstood two recessions by staying frugal and minimizing risk. Elting gave her advice for entrepreneurs trying to prepare for an economic downturn. Liz Elting…
David Friedberg and Elon Musk Neilson Barnard/Getty Images for the New York Times and ROBYN BECK/AFP via Getty Images Tech investor David Friedberg said Twitter’s layoffs could encourage other companies to follow suit. Elon Musk laid off about 50% of Twitter’s staff, while other tech companies have had more conservative cuts. However, Twitter has since…
Elizabeth Holmes. Justin Sullivan/Getty Images Elizabeth Holmes has been denied 3 requests seeking a new trial, including one based on a witness’ visit to her home after she was found guilty. The Theranos founder is due to be sentenced in 10 short days. Holmes faces up to 20 years in prison for each of the…
Fracking In California Under Spotlight As Some Local Municipalities Issue Bans David McNew/Getty Images Oil prices could drop to around $70 a barrel after this winter, according to Oman energy minister Salim al-Aufi. “We don’t believe that the current prices are sustainable comfortably,” the OPEC+ member told Reuters. He added prices would be determined after…