MADISON, Wis. (AP) — Backers of former President Donald Trump are launching a second effort to recall Wisconsin Republican Assembly Speaker Robin Vos from office after the first attempt appears to have failed. Recall organizers filed paperwork to start a second recall effort on Wednesday, just a day after they asked a court to give […]
Tag: stalls
TV networks in free fall as streaming growth stalls
Legacy media is facing a two-pronged conundrum: TV networks are in decline as a dismal ad environment drags on revenue. In the meantime, streaming remains unprofitable for the majority of players as costs rise and subscriber growth stalls. Most recently, Paramount (PARA) reported linear ad revenue slumped 15% year over year in Q4, steeper than […]
After Kansas House bill to regulate AI in campaign ads stalls, experts warn of dangers
A bill that would have prohibited deceptive artificial intelligence-generated campaign advertisements didn’t pass by the turnaround deadline in the Kansas House, but the rapidly evolving technology is already in use in campaigns in several different ways. Pat Proctor, R-Leavenworth, introduced House Bill 2559, along with House Minority Leader Vic Miller, D-Topeka. The bill wouldn’t ban […]
South Carolina’s push to be next-to-last state with hate crimes law stalls again
COLUMBIA, S.C. (AP) — Supporters who want to make South Carolina the next-to-last U.S. state to pass a hate crimes law increasing penalties for some crimes fueled by race, gender or sexual orientation are running out of time to get what could be a decisive vote in the state Senate. They brought survivors of a […]
Aer Lingus stalls €40m Ryanair maintenance facility for Dublin airport after lodging appeal
Aer Lingus has told An Bord Pleanála that the planned €40 million Ryanair maintenance facility for Dublin airport “will have fundamental impacts on Aer Lingus’s ability to carry out their daily operations”. That is according to an appeal lodged by consultants for Aer Lingus to An Bord Pleanála which now stalls plans by Ryanair to […]
Florida Flag bill stalls in Senate for 2nd time, hours after DeSantis backs it
Gov. Ron DeSantis on Tuesday supported a proposal that would restrict what flags can be flown at schools and other public buildings, as critics of the bill — and Senate analysts — questioned prohibiting flags that represent a “political viewpoint.” The bill (SB 1120), however, stalled, in a Senate committee hours after the governor backed […]
Ford sales jump in January, topping Toyota’s, but EV growth stalls
Ford (F) reported a strong start to the year in the US, with sales jumping in January and even topping those of Toyota (TM), last year’s sales king. However, electric vehicle sales suffered a setback. Ford reported January US sales climbed 4.3% to 152,617 vehicles, with the automaker’s US market share hitting 13.7%, up 0.3% […]
Tesla Stock Bull Cuts Price Target Ahead Of Earnings As Global EV Momentum Stalls
With Tesla (TSLA) stock slumping to begin 2024, as the EV giant continues to cut vehicle prices and put pressure on margins, a bull decided to slash his TSLA stock price target Monday. X Morgan Stanley analyst Adam Jonas on Monday cut his TSLA price target to 345, down from 380, but kept an overweight […]
Stocks, Bonds Fall as Rally Stalls Before Year-End: Markets Wrap
(Bloomberg) — European stocks are set to follow losses in the US and Asia as traders dial back optimism over possible Federal Reserve interest-rate cuts and trim positions before the long Christmas weekend. Most Read from Bloomberg Futures on Europe’s stock benchmark declined as much as 0.8% after the S&P 500 and Nasdaq 100 both […]
Stock market rally stalls as S&P 500 posts worst day since October
FedEx (FDX) shares fell as much as 10% early Wednesday after the company’s disappointing forecast offered late Tuesday. The shipping giant now expects revenues to decline by a low-single-digit percentage next year after having previously forecast revenues to stay flat. The company mentioned in its earnings call a “difficult demand environment.” Given the company’s reach […]