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A small group of tech stocks is driving the market rally — why that’s ‘not a flaw’
This year’s stock market rally has been led by just a few large tech names. While it might seem concerning to have too much riding on a handful of stocks, strategists say the trend may not be a bad thing for markets. “We see a small group of tech winners leading stock gains as a […]
The US military’s confidence in smart bombs may have a fatal flaw
Precision warfare has been a central tenet of American strategy. But perceptions that precision weapons are effective is a myth, a retired Army officer argues. “Accurate strikes do not inherently mean effective,” the officer told BI. America loves smart bombs. Ever since World War II, precision warfare has appealed to what America sees as its […]
Maddow Blog | The biggest flaw in Justice Clarence Thomas’ newest complaints
As a matter of jurisprudence, Supreme Court Justice Clarence Thomas has reason to be pleased. After Donald Trump and Senate Republicans added three new more conservative members to the high court, the right now dominates the institution in ways unseen in generations. The result has been a predictable series of reactionary, far-right rulings, including the […]
Tesla plan to re-run vote on Elon Musk’s record pay deal—now worth $45bn—has a fatal flaw, warns Tulane law professor
Tesla could be setting itself up for a new legal challenge over Elon Musk’s record compensation deal, a law professor at Tulane University warned. On Wednesday, the company urged investors to “restore Tesla’s stockholder democracy” by ratifying in June the 2018 vote that awarded Musk the largest pay package in human history after a Delaware court ruled the approval […]
The big flaw in Biden’s billionaire tax proposal, according to experts
President Biden wants to raise taxes on Elon Musk, Jeff Bezos, and their cohort of Americans, who are amassing extraordinary wealth that is not taxable under current law. Biden says his plan would make the system more fair — but experts say it lacks practicality. The president wants to impose a minimum 25% tax on […]
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John Oliver Nails the Fatal Flaw in Alabama’s IVF Ban
Alabama’s Supreme Court ruling last week that frozen embryos fertilized in test tubes legally qualify as living, breathing human beings sent Republicans scrambling to clarify their positions so as not to lose votes from women in the 2024 elections—and John Oliver wasn’t about to let them get away with it. On Last Week Tonight, Oliver […]