Verizon profit beats on lower costs, surprise rise in wireless users
By Samrhitha A (Reuters) -Verizon beat quarterly profit estimates on Tuesday on the back of lower costs and a surprise
1970-01-01 08:00
DeSantis lays off a third of his campaign staff as presidential bid sputters
Florida Gov Ron DeSantis’s presidential campaign laid off a third of its campaign staff as it continues to tighten its belt amid numerous negative news stories and lacklustre fundraising numbers, Politico reported. The campaign will cut a total of 38 jobs, advisers told Politico, including 10 event planning roles the campaign announced weeks ago as well as that of top DeSantis advisers Dave Abrams and Tucker Obenshain. The latter two will advise a pro-DeSantis outside group. “Following a top-to-bottom review of our organisation, we have taken additional, aggressive steps to streamline operations and put Ron DeSantis in the strongest position to win this primary and defeat Joe Biden,” campaign manager Generra Peck said in a statement. “Gov DeSantis is going to lead the Great American Comeback and we’re ready to hit the ground running as we head into an important month of the campaign.” The slim-down comes after the DeSantis campaign announced it had raised $20m in the governor’s first quarter as a candidate. But the campaign had also spent $7.8m in its first quarter, an incredibly high burn rate. Many of the donors who had contributed had given the maximum legal limit, meaning they cannot donate again. As of the end of June, the DeSantis campaign had more than 90 staffers. Politico previously reported that the DeSantis campaign had admitted to donors at a Utah retreat that it had spent too much money. Mr DeSantis has failed to gain momentum in the Republican presidential nomination since he announced in May. A new poll from Fox Business showed that Mr DeSantis now trails former South Carolina governor in the state while he trails former president Donald Trump in Iowa. The governor had previously let go of roughly a dozen staffers amid the bevy of negative headlines and weak fundraising numbers. Read More Trump news – live: Georgia grand jury could weigh conspiracy charge as ex-NYPD boss hands docs to Jan 6 probe Who is Jack Smith? The ex-war crimes prosecutor who is coming for Trump
1970-01-01 08:00
Ohio marijuana legalization question falls short on signatures for fall ballot, gets 10 more days
A proposal to legalize adult use of marijuana in Ohio has fallen short of the signatures needed to make the November ballot
1970-01-01 08:00
What are cloudbursts and is climate change making them more frequent?
Intense rainfall in the Himalayan regions of India’s Kashmir state and adjacent mountainous cold desert of Ladakh earlier this week destroyed roads and caused flooding of dozens of villages
1970-01-01 08:00
LVMH’s US Weakness Weighs on Sales as China Rebounds
LVMH’s US sales declined in the second quarter as a sluggish economy deterred some shoppers from buying its
1970-01-01 08:00
Deutsche Bank Unveils $500 Million Buyback in Payout Push
Deutsche Bank AG will resume share buybacks of as much as €450 million ($500 million) this year, part
1970-01-01 08:00
Education Department opens investigation into Harvard's legacy admissions
The U.S. Department of Education has opened an investigation into Harvard University’s policies on legacy admissions, which give an edge to applicants with family ties to alumni
1970-01-01 08:00
Abortion rights amendment cleared for Ohio’s November ballot, promising expensive fight this fall
A proposed constitutional amendment guaranteeing access to abortion made Ohio’s fall ballot Tuesday, setting up what promises to be a volatile and expensive fight rife with emotional messaging and competing factual claims
1970-01-01 08:00
Russian President Vladimir Putin plans to visit China in October, Kremlin says
A top Kremlin official says Russian President Vladimir Putin is planning to visit China in October
1970-01-01 08:00
Six found guilty for Brussels terror attacks, Belgian public broadcaster reports
A Brussels court on Tuesday found six out of ten suspects guilty of "terrorist murder" in the 2016 Brussels attacks, according to Belgian public broadcaster RTBF.
1970-01-01 08:00
Bond Traders Are Placing Even Odds on Post-July Fed Interest Rate Hike
Bond traders are again placing even odds on the prospect that the Federal Reserve’s widely expected interest-rate hike
1970-01-01 08:00
Inter Miami vs. Atlanta United - Leagues Cup preview: TV channel, live stream, team news & prediction
Everything you need to know ahead of Inter Miami vs. Atlanta United in the 2023 Leagues Cup.
1970-01-01 08:00
