Here’s a little campaign quiz. Which, if any, statement is true? A) When New York needed a financial bailout, President Gerald Ford told the Big Apple to “drop dead.” B) As a presidential candidate in 1968, Richard Nixon touted his “secret plan” to end the Vietnam war. C) Democratic presidential nominee Al Gore said in […]
Tag: expense
Euro’s reserve currency role tumbles at expense of dollar, yen, ECB says
FRANKFURT (Reuters) – The share of the euro in foreign exchange holdings tumbled last year at the expense of the dollar and the yen, and further drops are possible whenever Russia becomes free to reduce its own euro stockpile, a fresh report from the European Central Bank showed. The share of the euro among foreign […]
Microsoft’s big AI ambitions helped it become the world’s most valuable company but at the expense of its Azure team, according to a leaked email memo
What you need to know Microsoft was recently impacted by another round of layoffs affecting its HoloLens 2 and Azure departments. This is despite the tech giant’s impressive earnings and rise to become the world’s most valuable company, with $3 trillion in market capitalization. A leaked email memo suggests that Microsoft is making changes (layoffs) […]
No Downing Street flea problem after ‘vast’ expense of new carpets, says Hunt
Jeremy Hunt tackled the flea problem Liz Truss highlighted in Downing Street by replacing the carpets at “vast” personal expense. The UK chancellor, who was brought in by Ms Truss to clear up the economic mess created by the mini-budget, said he had also dealt with the problems in the No 11 flat. Mr Hunt […]
Biden Unleashes Absolutely Vicious Joke At Trump’s Expense
President Joe Biden mocked Donald Trump’s financial struggles during a reception at a campaign event in Dallas on Wednesday. “Just the other day a defeated-looking man came up to me and said, ‘Mr. President, I have crushing debt, and I’m completely wiped out,’” Biden said. “And I had to look at him and say, ‘Donald, […]
Is Ryan Walters boosting his national profile at the expense of Oklahoma taxpayers?
Public money for Oklahoma students is paying for email pitches like this one: “Good morning! Ryan Walters, state superintendent of Oklahoma, banned porn/explicit reading materials and graphics from classrooms in Oklahoma, but Edmond Public Schools is appealing this action, asking the state Supreme Court to allow porn back in classrooms.” That pitch goes on to […]
Putin admits that Russia sets world records for grain export at expense of occupied territories
In 2023, Russia exported at least 4 million tonnes of grain from the occupied territories after the start of the full-scale invasion. Source: This was stated on 16 January by Russian President Vladimir Putin. Quote: “Russia continues to hold the first place in the world in wheat sales in global markets. People who previously worked […]
More Good News for Rivian Investors — at Tesla’s Expense
EV_registrations Let’s start this by being very clear about one thing: Tesla (NASDAQ: TSLA) still largely dominates the U.S. electric vehicle (EV) market, and its price cuts have put serious pressure on competitors. However, new vehicle registration data shows Tesla’s dominance is slowing a bit and a handful of brands are surging. Here’s what investors […]
The Dodgers see $700m Shohei Ohtani as an investment rather than an expense | MLB
Culturally, it’s the biggest free agency splash in North American sports since LeBron James left Cleveland for Miami in “The Decision” in 2010. Monetarily, it’s much bigger than that. And competitively, it’s a potential trump card in baseball’s perpetual arms race between the league’s highest-spending clubs. The Los Angeles Dodgers and unprecedented pitcher-designated hitter combination […]