Author: elonmusk
The president of a small federal agency that supports investment in African countries sued on Thursday to block the Trump administration from shutting it down. Ward Brehm, the president and CEO of the U.S. African Development Foundation, said in a complaint that he directed his staff on Wednesday to deny building entry to staffers from billionaire Elon Musk’s Department of Government Efficiency and Pete Marocco, the deputy administrator for the U.S. Agency for International Development. DOGE and Trump do not have the authority to shut down the agency, which was created by Congress, Brehm said in the complaint. Brehm also…
The latest headlines from our reporters across the US sent straight to your inbox each weekdayYour briefing on the latest headlines from across the USYour briefing on the latest headlines from across the USAn Oregon man is behind bars after authorities say he tried to destroy a line of Tesla cars with Molotov cocktails in Salem, Oregon, just south of Portland. Adam Matthew Lansky, 41, was arrested Tuesday and appeared in federal court the following day to answer to a charge of illegally possessing an unregistered destructive device.Lanksy’s arrest comes at a time when Tesla vehicles and charging stations appear…
WASHINGTON — SpaceX’s Starship vehicle suffered its second consecutive test flight failure March 6, tumbling in space before breakup and reentering over the Caribbean.The Starship/Super Heavy vehicle lifted off on the Flight 8 test flight at 6:30 p.m. Eastern from the company’s Starbase test site in South Texas. The countdown appeared to go smoothly other than a hold at the T-40 second mark that lasted only a few seconds.The vehicle’s initial phases of flight went as planned. That included the ascent of the vehicle through stage separation and the return of the Super Heavy booster, which was caught back at…
Este artículo también está disponible en español. Crypto analyst Charting Guy (@ChartingGuy) has issued a cautionary note on Dogecoin, suggesting he will sell the meme coin if certain Fibonacci retracement levels fail to break in the coming months. His statement arrives at a time when Dogecoin (DOGE) is trading around $0.20, according to the shared weekly chart on TradingView, showing a steep –14.94% weekly change. When To Sell Dogecoin? In the attached chart, a series of key Fibonacci retracements run from 0.0 up to 1.618 at approximately $4.13. Notable lines include the 0.382 Fib around $0.1397, the 0.50 Fib just…
Costco on Thursday reported an earnings miss, but beat expectations for revenue for the second quarter as quarterly comparable sales rose.Shares ticked down over 1% in extended trading on Thursday evening.Here’s how the wholesale company did compared with what Wall Street was expecting for the quarter ended Feb. 16, based on a survey of analysts by LSEG:Earnings per share: $4.02 vs. $4.11 expectedRevenue: $63.72 billion vs. $63.13 billion expectedCostco CEO Ron Vachris said although it’s difficult to forecast the impact of tariffs, the company aims to minimize cost increases for members. A third of its U.S. sales are from imports, he said, and less…
NORMAN, Okla. (AP) — In tribal nations across the United States, leaders are scrambling to respond to a directive from President Donald Trump and Elon Musk to close more than a quarter of Bureau of Indian Affairs offices, which provide vital services to Indigenous communities.Trump and Musk are calling on the General Services Administration, or GSA, to begin terminating leases on all of the roughly 7,500 federal offices nationwide, including 25 regional offices of the BIA. Those offices fulfill a wide variety of rights the U.S. owes to tribal nations, and some leaders and legal experts are worried the potential…
President Donald Trump on Thursday said he’s ordered all of his Cabinet secretaries to work with the Department of Government Efficiency (DOGE) and to use a “scalpel” when deciding which workers will remain in their jobs. In a post on his Truth Social platform, Trump said the Elon Musk-led group has “been an incredible success.””And now that we have my Cabinet in place, I have instructed the Secretaries and Leadership to work with DOGE on Cost Cutting measures and Staffing,” he wrote. “As the Secretaries learn about, and understand, the people working for the various Departments, they can be very precise…
Your support helps us to tell the storyFrom reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it’s investigating the financials of Elon Musk’s pro-Trump PAC or producing our latest documentary, ‘The A Word’, which shines a light on the American women fighting for reproductive rights, we know how important it is to parse out the facts from the messaging.At such a critical moment in US history, we need reporters on the ground. Your donation allows us to keep sending journalists to speak to both sides of the story.The…
Este artículo también está disponible en español. Bitcoin is currently trading at $90,800 after a strong 13% rebound from the $81,000 level, as bulls attempt to regain control of price action. After days of volatility and uncertainty, Bitcoin’s recovery has renewed optimism in the market, but traders remain cautious as BTC faces key resistance levels. Related Reading All eyes are now on Friday’s President Trump Crypto Summit, where he is expected to announce a definitive plan for the U.S. Strategic Crypto Reserve. This event could have a major impact on Bitcoin’s trajectory, as regulatory clarity and institutional involvement could drive…
A shopper carries her early Black Friday purchases on Thanksgiving Day, November 28, 2024, at the Citadel Outlets shopping center in Los Angeles. Robyn Beck | AFP | Getty ImagesGap on Thursday posted another quarter that blew away expectations, indicating its turnaround under CEO Richard Dickson is working better – and faster – than Wall Street anticipated. Shares jumped 17% in extended trading Thursday.The apparel retailer behind Old Navy, Banana Republic, Athleta and its namesake banner beat expectations on the top and bottom lines during the all-important holiday quarter and saw comparable sales grow 3%, ahead of expectations of up 1%, according…