SAN JUAN, Puerto Rico (AP) — U.N. independent experts are denouncing chronic water cuts in the French Caribbean island of Guadeloupe, adding that they are concerned about tap water pollution, excessive prices and attempts to silence critics. They noted that activists, scientists and others who have spoken out about the situation are being censored, and […]
Tag: woes
Poor guidance, China woes, and Musk antics hit EV maker’s stock hard
It’s been a very trying first quarter for Tesla (TSLA) shareholders and fans of the EV giant. Through Thursday, the last trading day of the first quarter, Tesla stock is down a whopping 29.3%, making it the worst-performing stock in the S&P 500 (^GSPC). Meanwhile, the S&P 500 is actually up 10.2%, its best first […]
China Property Woes Deepen With Vanke Slump, Country Garden Halt
(Bloomberg) — One of China’s biggest property firms delayed its earnings report while another posted a record profit decline as the nation’s real estate crisis shows no signs of easing. Most Read from Bloomberg Country Garden Holdings Co., once the nation’s top residential builder by sales, made a surprise announcement late Thursday that it will […]
Mike Lindell’s MyPillow Evicted From Warehouse as Legal Woes Pile Up
Under a mountain of legal bills, Mike Lindell’s biggest property, MyPillow, just lost a place to lay its head. The 62-year-old’s biggest success—a line of poly-foam pillows—is currently facing a court-ordered eviction after the big boss failed to pay $217,000 in rent at one of its two warehouses in Shakopee, Minnesota. “MyPillow has more or […]
Parking woes targeted for audit in Wilmington as federal suit goes to trial
Legislation moved out of a Wilmington City Council committee is looking to audit the city’s parking, towing and booting practices, an effort that the administration has resisted in the past. It’s those practices that have landed Delaware’s largest city in federal court. A lawsuit, filed in September 2021, claims Wilmington allows private companies to tow […]
Can Donald Trump’s Truth Social deal save him from his financial woes? Maybe.
WASHINGTON – Former President Donald Trump’s finances have been in peril over the past weeks. In a civil fraud case, Trump has been ordered to pay a half-billion dollar bond which his lawyers have called a “practical impossibility.” And in his quest to reclaim the White House, President Joe Biden has been lapping him in […]
Boeing targets a culprit of 737 MAX production woes: ‘Traveled work’
Boeing’s (BA) CFO today outlined the steps the company is taking to address a series of issues affecting the safety and reliability of its planes (not to mention the company’s reputation). “The events of Jan. 5, in Alaska Airlines Flight 1282 and everything we’ve learned since, we acknowledge that we need to improve upon safety […]
SpaceX finally launches Falcon 9 Friday night after transporter erector woes, two scrubs
Wednesday night’s SpaceX Falcon 9 rocket launch attempt abruptly halted with about two minutes left on the countdown clock. Ditto for Thursday night. Friday, finally, the third time was the charm. The twice-scrubbed Starlink 6-44 mission hurtled skyward into the darkness off pad 39A at NASA’s Kennedy Space Center, deploying another payload of 23 broadband […]
Boeing’s legal woes are becoming a problem for the entire airline industry
Boeing’s (BA) legal problems are mounting. They are starting to become a problem for the rest of the airline industry too. Alaska Airlines (ALK) said Tuesday its 2024 capacity estimates are “in flux” due to federal scrutiny of Boeing. United Airlines (UAL) said it asked Boeing to stop building planes not yet certified by the […]
Trump’s Super Tuesday supporters in California brush off legal woes
Like most Republican voters casting their vote Tuesday in Huntington Beach, California, Tom Jones is delighted at the thought that Donald Trump could soon be the party’s presidential nominee. While Trump cannot mathematically seal victory, a sweep of the 15 US states and one territory voting on Super Tuesday would pretty much leave Nikki Haley […]
Apple buying Rivian? Nissan with Fisker? Tesla rivals’ woes spark speculation as EV growth slows
Tesla rivals Rivian, Lucid, and Fisker were riding high a few years ago. Amid surging investor interest, the electric-vehicle makers commanded hefty market caps and spoke of bright futures. Things look far less promising today. The EV sector faces a growth slowdown, and even market leader Tesla has warned of challenging months ahead. For its less-established […]
Bournemouth boost survival bid as Burnley’s woes deepen
Justin Kluivert and Antoine Semenyo were on target as Bournemouth ended a seven-match winless run in the Premier League with a 2-0 victory at Burnley. The Clarets already appear doomed to relegation and, despite dominating possession and chances, they fell to an 11th home defeat from 14 league games at Turf Moor. Kluivert provided a […]