SOUTH BEND — South Bend officials on Monday voted to allow developer David Matthews two more weeks to make his case that the city should alter a plan for tax breaks on his high-rise apartment complex because, he argues, the COVID-19 pandemic delayed construction. Matthews wants the South Bend Common Council to amend its 2017 […]
Joseph Otting, New York Community Bancorp’s recently installed CEO, described a March 6 capital raise of $1.05 billion as the best decision for investors. “If the capital raise was not ready to go specifically that afternoon, the chances of the company surviving would have been at a peril,” he told shareholders. Credit: Bloomberg New York […]
By Pete Schroeder and Douglas Gillison WASHINGTON (Reuters) -U.S. Federal Deposit Insurance Corporation Chair Martin Gruenberg vowed to skeptical lawmakers Wednesday he would fix deep-seated cultural issues at his agency, as well as his own conduct. But lawmakers expressed doubt that the bank regulator — who spent nearly two decades in leadership roles at the […]
Longshot Democratic presidential candidate Robert F. Kennedy Jr. found little traction at a federal appeals court Tuesday for his arguments that Google violated his First Amendment rights by taking down YouTube videos it said contained misinformation about the dangers of vaccines. A three-judge panel hearing oral arguments in San Francisco sounded skeptical about Kennedy’s demand […]
A plan to redevelop the former Grenelefe Golf and Tennis Resort in eastern Polk County with an additional 1,900 homes is meeting skepticism from residents and county officials about the capacity of the area’s privately run wastewater treatment facility. In a 30-minute meeting in early April with the Development Review Committee, county staff asked a […]
If you listen to Plug Power‘s (NASDAQ: PLUG) management team, there’s a ton of long-term upside to the company’s business. Trillions of dollars are being invested into renewable technologies right now, including hydrogen fuel cells, which Plug Power specializes in. There’s a case to be made that the company is primed to ride a tidal […]
As Donald Trump weighs his running-mate options, it’s not a secret that House Republican Conference Chair Elise Stefanik and Sen. J.D. Vance are among the contenders. The result has been an unfortunate race to the bottom, in which the New York congresswoman and the Ohio senator have gone back and forth for months, each trying […]
Starbucks’s (SBUX) green siren seems to be lost at sea. The coffee giant had its worst day in trading since March 2020, with shares down nearly 16% on Wednesday after reporting Q2 results that were hard to swallow. The company missed on all metrics (revenue, earnings, and same-store sales), with foot traffic declining across the […]
Alex Lopez doesn’t contest that Joe Biden was elected president in 2020. His concern lies with how those results came to be. “By the numbers? He absolutely won it. Ethically? Probably not,” said the 38-year-old Anaheim resident, who works as a logistics coordinator. Questions about the integrity of the election process have been stoked nationally […]
WASHINGTON (AP) — The Supreme Court seems highly skeptical of former President Donald Trump’s claim of absolute immunity from prosecution, but it’s less clear that the justices are headed for a quick resolution. Chief Justice John Roberts was among at least five members of the court Thursday who appeared likely to reject the claim of […]
The Supreme Court’s conservative majority sounded highly skeptical on Monday about lower court rulings that held an Oregon city’s ordinance prohibiting sleeping in public violated the Constitution’s ban on cruel and unusual punishment. The outcome of the case involving the ban enacted in the southern Oregon city of Grants Pass is being closely watched by […]
Republicans say they will mobilize more than 100,000 people in battleground states to ensure “transparency and fairness” in the 2024 election, an announcement criticized by some as risking potential voter intimidation. “Whenever a ballot is being cast or counted, Republican poll watchers will be observing the process and reporting any irregularity,” the Republican National Committee […]