A skyscraper-size asteroid discovered two weeks ago will zoom between Earth and the moon on Saturday (June 29). At its closest approach, the space rock will pass within roughly 184,000 miles (295,000 kilometers) of our planet — about three-quarters the average distance between Earth and the moon. The asteroid, named 2024 MK, is estimated to […]
Nike (NKE) stock fell as much as 11% Thursday in after-hours trading after the retailer said it expects revenue to decline more than previously thought in the coming year. The company said it expects revenue to fall mid-single digits in 2025, including an expected 10% decline in the first quarter. Nike had initially guided for […]
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(Bloomberg) — US fiscal deficits are projected to grow over the next decade, likely pushing the government to increasingly rely on Treasury bills and healthy demand to plug the holes. Most Read from Bloomberg The nonpartisan Congressional Budget Office last week upped its deficit estimate for 2024 to almost $2 trillion from about $1.6 trillion […]
The chipmakers powering the artificial intelligence revolution have become stock market darlings. And while Nvidia is, thus far, the undisputed winner of the chip wars, it soon could be facing a robust challenger. Broadcom, an American semiconductor manufacturer, announced a 10-to-1 stock split and better-than-expected earnings in its second-quarter earnings report on Wednesday. In the […]
A slightly pared-back version of the Adams administration’s “City of Yes” plan to modernize “laughably” outdated zoning rules for businesses, easing how and where they can operate, was passed on Thursday by a final 36-14 City Council vote. “City of Yes for Economic Opportunity” is intended to give businesses across the city more breathing room […]
For nearly two decades, Mark Weitekamper has lived in Chicago’s West Ridge neighborhood. For years, Weitekamper said, he’s been able to enjoy wildlife in the heart of the city. “You can spot turtles, you can spot herons, you can sometimes get lucky and there’s mink, and river otter,” Weitekamper said. “We can, of course, see […]
For nearly two decades, Mark Weitekamper has lived in Chicago’s West Ridge neighborhood. For years, Weitekamper said, he’s been able to enjoy wildlife in the heart of the city. “You can spot turtles, you can spot herons, you can sometimes get lucky and there’s mink, and river otter,” Weitekamper said. “We can, of course, see […]
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A nonpartisan California agency is cautioning lawmakers that savings from a cut to state operations proposed by Gov. Gavin Newsom may not materialize and that would pose a larger deficit in the next budget year. In his budget revisions earlier this months, Newsom proposed trimming state operations — cuts to nearly all department budgets — […]
MONSEY – The Albert Drive neighborhood has long been a fixture of Ramapo’s single-family home character. But neighbors argue their comfort zone is threatened by the Zoning Board of Appeals approval of two higher-density housing projects they claim in nearly identical legal actions are illegal and will alter their neighborhood. The ZBA has approved variances […]
By Jonathan Stempel (Reuters) – Hershey is facing a renewed, larger lawsuit claiming it misled consumers about the amount of artistic detail they would find on several Reese’s peanut butter candies after opening the packaging. In a proposed class action on Friday, four Reese’s consumers in southern Florida said they were “very disappointed” that the […]