FEBRUARY 12, 2023
Michael Jordon. - Kyle Terada-USA TODAY Sports
Plenty of people congratulated LeBron James on Tuesday for breaking the career scoring record, though the recognition from some people stands out above the others. A statement from Michael Jordan might carry more weight for LeBron.
Jordan praised James in a statement issued to TMZ Sports on Wednesday.
Jordan is fifth on the...
Business
IRS warns taxpayers to hold off filing returns in 20 states as it checks if it can tax special refunds
FEBRUARY 10, 2023
Erin Collins, the National Taxpayer Advocate, cautioned that realistically it could take six months to nine months for a refund, if you file your 2021 federal income tax return by paper. - Supplied by the Taxpayer Advocate Service
Well, so much for early promises by the IRS that taxpayers could expect to "experience improvements" as they file their...
Business
Jim Cramer Offers Simple Explanation as to Why Google’s Core Business Could Soon Be in Shambles
FEBRUARY 10, 2023
If he's right, yikes!
Every once in a while investors become obsessed with a new tech fad that may or may not have a legitimate business use case.
OpenAI's ChatGPT artificial intelligence text generator is that fad for the first quarter of 2023 and investors are taking sides as tech giants begin to battle over the next generation of...
FEBRUARY 10, 2023
George Santos, R-NY, on the House floor before President Joe Biden during the State of the Union address from the House chamber of the United States Capitol in Washington.
WASHINGTON, D.C. – The recent clash between Utah Sen. Mitt Romney and controversial freshman Rep. George Santos was a small slice of the political blowback facing the House member.
Santos, plagued...
FEBRUARY 10, 2023
Cathie Wood told FOX Business tech layoffs are not a sign that the sector is in "disarray." PATRICK T. FALLON/AFP via Getty Images
Technology companies are slashing jobs at an alarming rate in the post-pandemic economy. Famed stock picker and ARK Invest CEO Cathie Wood argued that these layoffs should not be viewed as a sign the industry...
FEBRUARY 10, 2023
New Delhi: There have been numerous claims about Adani Group being in gross debt. This added to the recent allegations of accounting fraud and financial troubles by Hindenburg Research, fueled concerns among investors that the bubble might pop soon. An analysis by Nikkei Asia shows that the debts owed by the Adani Group are equivalent to at...
FEBRUARY 10, 2023
Zerodha boss Nithin Kamath is known for not mincing words and sharing his thoughts upfront. In a recent LinkedIn post, the founder of one of India’s largest stock brokerage companies revealed that they don’t hire data scientists and the reason might be surprising.
According to Kamath, data scientists don’t give very “useful insights” and also because the Zerodha...
Asia
No More Free Float Status For Adani Securities On MSCI, Hindenburg Founder Says ‘Validation Of Our Findings’
FEBRUARY 9, 2023
New Delhi: After receiving feedback from "a range of market participants", index provider MSCI has decided that some Adani Group securities should no longer be designated as free float market participants. It added that the changes for Adani Group securities and associated market capitalisation determinations are due to be announced on Thursday as part of its regular...
FEBRUARY 9, 2023
President Joe Biden speaks to guests at the Laborers International Union of North America (LIUNA) training center on February 08, 2023 in De Forest, Wisconsin. The visit came a day after his State of the Union address in Washington. - Scott Olson, Getty Images
WASHINGTON, D.C. – President Joe Biden on Wednesday played down the controversy over classified...
FEBRUARY 8, 2023
US President Joe Biden delivers the State of the Union address in the House Chamber of the US Capitol in Washington, DC, on February 7, 2023. - JACQUELYN MARTIN, POOL/AFP via Getty Images
WASHINGTON, D.C. — President Joe Biden said Americans are "facing the test of our time" as he called for a bitterly divided Congress to come together to "finish...