Page 21 - Jack Ewing News Today

Roaring Kitty Will Tell Congress He Was a True Believer in GameStop Last Updated This briefing has ended. Follow our latest coverage of the Here’s what you need to know: “The idea that I used social media to promote GameStop stock to unwitting investors is preposterous,” Keith Gill said in a statement to a House committee that will hear testimony on Thursday.Credit...via Youtube Keith Gill, the former MassMutual wellness education director who advocated for shares of GameStop in his free...

Stimulus money sent at the end of 2020 appeared to translate into spending, rather than saving, reversing three consecutive months of declines.

When the United Kingdom (UK) releases the highly anticipated integrated review of its foreign, defence, security and development policy in March, it will mark the first formal iteration of the UK’s Indo-Pacific strategy. This brief explores the dynamics that are driving the UK’s tilt to the Indo-Pacific. It identifies three key drivers that are prompting the shift: a reappraisal of China, the economic fallout of Brexit, and the UK’s close ties with the US. It explores the emerging trends ...

Can the Man Who Saved the Euro Now Save Italy? Mario Draghi has broad support as he tries to form a new government and restore Italy’s credibility and clout in Brussels. But Italian politics is a dangerous place for an enigmatic technocrat. Mario Draghi leaving Italy’s Parliament after a meeting on Wednesday. He has accepted a mandate to become prime minister, but must now win a confidence vote.Credit...Angelo Carconi/EPA, via Shutterstock Published Feb. 4, 2021Updated Feb. 17, 2021 ROME �...

G.M. Announcement Shakes Up U.S. Automakers’ Transition to Electric Cars Every carmaker is trying to figure out how to make the leap before governments force it and Tesla and other start-ups lure away drivers. An electric Chevrolet Bolt charging up in Baker, Calif. General Motors announced this week that it would phase out the internal combustion engine by 2035.Credit...Philip Cheung for The New York Times Jan. 29, 2021 A new president took office this month determined to fight climate cha...

Stocks Slide in Worst Week Since October Last Updated This briefing has ended. Follow our latest coverage of For weeks, as the stock market regularly climbed to records, investors wondered what it would take to snap Wall Street out of its blissful state. The resurgent pandemic certainly wasn’t doing it. Even an insurrection at the U.S. Capitol wasn’t alarming enough to end the rally. GameStop, though? On Friday, the S&P 500 fell more than 1.9 percent, capping a stretch of volatile trading ...

Lacking a strong domestic battery industry, Britain may be left behind by the shift to electric cars.

China Did Not Fulfill Trade Promises, Report Says Last Updated This briefing has ended. Follow our latest coverage of A farmer preparing to harvest his corn crop in Iowa. President Donald J. Trump sold the trade deal with China as a boon for American farmers and manufacturers.Credit...Kia Johnson/Reuters China has fallen far short of its promise to buy hundreds of billions of dollars in American products as part of an initial trade deal it reached with the United States last January, according...

Delta Lost More Than $12 Billion Last Year Last Updated This briefing has ended. Follow our latest coverage of Empty Delta ticket counters at Salt Lake City International Airport in April. The airline reported a loss of nearly $12.4 billion for 2020.Credit...Rick Bowmer/Associated Press Delta Air Lines lost $755 million in the fourth quarter, bringing its losses to nearly $12.4 billion in 2020, a year in which the airline industry was battered by a pandemic that crippled air travel. “Our De...

New E.U.-China Investment Deal Drives Wedge Between U.S. and Allies Posted by John Chan | Jan 5, 2021 A newly signed investment deal between China and the European Union has drawn heavy condemnation from critics, and threatens to complicate efforts by the incoming Biden administration to establish a common position on China between the U.S. and its allies. Quickly signed in the final days of 2020, the Comprehensive Agreement on Investment (CAI) grants each side’s companies greater market acce...