Anthony Edwards demands accountability as Timberwolves face ongoing struggles
4Dec Avatar photoBy Liam WalkerNo Comments
Sports

Anthony Edwards demands accountability as Timberwolves face ongoing struggles

More news - Latest news Anthony Edwards, known for his fearless demeanor on and off the court, didn't hold back after the Minnesota Timberwolves suffered a 115-104 loss to the Sacramento Kings. The young star, now in his fifth NBA season, offered a blunt criticism of his team's performances, pointing to internal problems as the root of their recent decline. “We are soft (heck) as a team, but not in the way we deal with opponents – internally we are soft,” Edwards said. “We don't communicate, we act like a bunch of kids. This is the reality and if we don't face it we will go in the wrong direction." The Timberwolves, who made it to the Western Conference finals in 2024, have fallen on hard times. After a promising 6-3 start to the season, they have now lost fo...
Read More
How Black Friday Spending Reflects America's Political Divide After the 2024 Election
3Dec Avatar photoBy Liam WalkerNo Comments
Business

How Black Friday Spending Reflects America's Political Divide After the 2024 Election

More news - Latest news A red hat reading “Keep America Great” perched on a Christmas tree during a rally in Michigan in December 2019 symbolized the intersection of politics and culture in the United States. Four years later, the 2024 presidential election has once again drawn a sharp line across consumer sentiment, reflecting the confidence – or concerns – of voters as the holiday shopping season begins. Black Friday, the unofficial start of the holiday shopping season, is taking on a new tone this year as political divisions creep into consumer behavior. CNBC spoke to shoppers across the country, including Texas, Michigan, New Jersey, New York, Connecticut, North Carolina and Virginia, and analyzed shipping trends to understand how the recent presidential election may aff...
Read More
Stellantis CEO Carlos Tavares resigns due to internal disagreements
3Dec Avatar photoBy Liam WalkerNo Comments
News

Stellantis CEO Carlos Tavares resigns due to internal disagreements

Related media - Breaking news Carlos Tavares, the esteemed CEO of Stellantis, resigned unexpectedly, citing "increasingly different opinions" between him and the automaker's board of directors. The announcement, made Sunday, marks the end of Tavares' tenure with immediate effect, leaving the world's fourth-largest automaker searching for a new leader during a difficult period. In a statement, Stellantis confirmed that its board of directors accepted Tavares' resignation and that the search for a new CEO is already underway. The trial is expected to conclude in the first half of next year. Meanwhile, an interim executive committee will be established under the leadership of President John Elkann to oversee the company's operations. Henri de Castries, senior indepen...
Read More
Scott Bessent is poised to lead the Trump administration's economic policy
2Dec Avatar photoBy Liam WalkerNo Comments
Business

Scott Bessent is poised to lead the Trump administration's economic policy

More news - Latest news Scott Bessent, founder and CEO of Key Square Group LP, has been tapped by President-elect Donald Trump for the crucial role of Treasury secretary. The news has already sparked optimism in financial markets, with stock futures rising and Treasury yields falling early Monday. This reaction followed Friday's announcement that Trump intended to name Bessent, a seasoned Wall Street figure, as his administration's top economic policymaker. The appointment sends a clear signal of Trump's commitment to putting someone with extensive market experience and a shared economic philosophy at the helm of the Treasury Department. Analysts widely praised the decision, noting that Bessent's experience is likely to reassure investors and bolster confiden...
Read More
Zoom shares fall despite strong quarterly results and optimistic outlook
2Dec Avatar photoBy Liam WalkerNo Comments
News

Zoom shares fall despite strong quarterly results and optimistic outlook

More news - Recent news Eric Yuan, founder and CEO of Zoom Communications Inc., spoke about the company's ongoing transformation at the annual Concordia Summit held in New York on September 25, 2024. The video conferencing giant, formerly known as Zoom Video Communications, reported solid financial results for its fiscal third quarter, but its shares fell 4% in extended trading on Monday amid mixed investor sentiment regarding its future guidance. Zoom posted results that beat Wall Street's expectations, showing steady growth in an evolving market for its services. According to LSEG financials, the company outperformed analysts' projections in both earnings per share and revenue. Adjusted earnings per share came in at $1.38, above the expected $1.31, while quarte...
Read More
Joel Embiid's return: Hope for struggling 76ers
2Dec Avatar photoBy Liam WalkerNo Comments
Sports

Joel Embiid's return: Hope for struggling 76ers

More news - News 24 hours Joel Embiid is set to make his long-awaited return to the Philadelphia 76ers this week, bringing a glimmer of hope to a team that has struggled mightily without him. The two-time scoring champion is expected to start against the New York Knicks as the teams advance to the round-robin round of the NBA Cup, marking his first appearance of the season after a series of setbacks. A turbulent season so far Embiid's journey has been tumultuous — from winning Olympic gold to signing a contract extension to dealing with a knee injury and a three-game suspension for an altercation with a member of the media. The 76ers currently sit at a disappointing 2-7, one of the worst records in the NBA, underscoring their reliance on Embiid's elite play. “Without...
Read More
Trump announces new tariffs on Chinese goods, worsening trade tensions
1Dec Avatar photoBy Liam WalkerNo Comments
Business

Trump announces new tariffs on Chinese goods, worsening trade tensions

More news - Recent news US-China economic relations are facing new uncertainties after President-elect Donald Trump announced plans to impose an additional 10% tariff on all Chinese imports. The announcement, made on its social media platform Truth Social, signals a significant escalation in trade tensions between the world's two largest economies. Trump's statement came shortly after he revealed his intention to enact a 25% tariff on all imports from Mexico and Canada as one of his first executive actions on Jan. 20, the day he took office. This move is expected to effectively dismantle the existing regional free trade agreement between the three nations. Trump cited illegal immigration and trafficking of illicit drugs, particularly fentanyl, as primary reasons for ...
Read More