After Donald Trump asked the oil industry to contribute $1 billion to his presidential campaign in April, oil baron Harold Hamm immediately started working the phones. Hamm, the billionaire founder of Continental Resources, called other oil executives and encouraged them to attend fundraisers and open their wallets, according to people with knowledge of the outreach, who, like others interviewed for ...
Rep. Ilhan Omar (D-Minn.) faces a rematch Tuesday against a primary opponent who almost defeated her two years ago but has not drawn the big-money backing that helped topple two other members of the liberal “Squad” this year. Don Samuels, a former member of the Minneapolis City Council, is among three Democrats challenging Omar for her solidly blue district based ...
MINNEAPOLIS — Days after George Floyd was murdered in 2020, as the video of the last moments of his life ricocheted around the country and sent waves of demonstrators onto Minnesota streets, Gov. Tim Walz (D) sat in a room with public safety officials and pondered his options. The protests were growing increasingly violent, and the Minneapolis mayor had requested ...
Held off on taking a summer vacation? You may still be able to squeeze in one on the cheap. Record numbers of travelers have been flooding airports since the pandemic, but U.S. airlines now face a surplus of empty seats after racing to add capacity. Many are slashing prices to fill them, making bargain flights more readily available than they ...
JPMorgan Chase has rolled out a generative artificial intelligence assistant to tens of thousands of its employees in recent weeks, the initial phase of a broader plan to inject the technology throughout the sprawling financial giant. The program, called LLM Suite, is already available to more than 60,000 employees, helping them with tasks like writing emails and reports. The software is ...
Wealthy investors and family offices shied away from stocks leading up to market swings this week, but many saw the drop in prices as an opportunity for tax savings and estate planning, according to wealth advisors. Private banks and wealth managers say their clients have been reducing their stock holdings for over a year as part of a broader shift ...
Trump Media, the social media company whose majority shareholder is former President Donald Trump, on Friday reported a net loss of more than $16 million for the most recent financial quarter, mostly due to legal expenses, as well as consulting and licensing expenses. Trump Media, which owns the Truth Social app often used by the former president, also reported that its already meager revenue dropped by ...
DETROIT — General Motors on Monday revealed redesigned versions of its entry-level GMC Terrain crossover, including a new standard “Elevation” model. The compact crossover features a more rugged exterior design. It also has a new interior with 26 inches of screens, including a 15-inch center touchscreen and an 11-inch driver information cluster. Those screens are part of a group of new standard ...
The Biden Administration on Monday unveiled a new, multi-agency regulatory initiative to target corporate practices that officials claim are designed to waste consumers’ time and needlessly burden them with red tape, in order to maximize profits. “I think we can all relate to this,” White House domestic policy advisor Neera Tanden told reporters Friday. “For example, you want to cancel your ...
The Israel Defense Forces said Sunday its instructions to the public have not changed amid a possible retaliatory attack from Iranian forces after the assassination of Hamas political leader Ismail Haniyeh. “The IDF and the security establishment monitor our enemies and the developments in the Middle East, with an emphasis on Iran and Hezbollah, and constantly assess the situation,” IDF ...