AT&T is buying Louisiana-based Lumen Technologies’ fiber optic network for $5.75 billion in cash, the companies announced last week.
Author: admin (Kendrick Williams)
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SPOTLIGHT: TARNISH ON THE LUXURY INDUSTRY
Miffed at Europe’s inability to reach a trade agreement, last week Donald Trump floated the idea of a new 50-percent tariff on all products from Europe.
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SPOTLIGHT: CRISIS IN THE BOND MARKET
The results of Japan’s 20 May ¥1-trillion bond auction was “dismal,” according to the Financial Times, with so few takers that the yield on long-dated bonds climbed to record heights.
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COLLEGE GRADUATES IN THE U.S. ENTER A TOUGH JOBS MARKET AMID CONCERNS ABOUT THE WIDER LABOR MARKET
With graduation season in full swing, graduates across the U.S. have been having difficulty landing their first jobs out of school—from entry-level positions to even internships, which economists say could be a signal of a softening labor market.
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ONE BIG CLUB: WITKOFF’S LITTLE BOY AIMS TO CLEAN UP IN CRYPTO
Zach Witkoff, the 32-year-old son of U.S. President Donald Trump’s special envoy Steve Witkoff, recently announced the purchase of $2 billion in stablecoins from World Liberty Financial, a company that includes Trump’s older sons in its management structure, by Tahnoon bin Zayed al Nahyan, the billionaire sheik who met five months earlier with his father at a cryptocurrency conference in Abu Dhabi, according to a report.
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TRUMP’S PRIVATE CLUBS SEE BIG PROFITS AS THEY BECOME FAVORED VENUE FOR DONORS, ‘FAVOR SEEKERS’: REPORT
U.S. President Donald Trump’s private clubs have seen a jump in profits since he took office and are demanding more to join and have become the favorite venues of those seeking influence and stronger connections to the president, according to a report.
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TRUMP CONFRONTS SOUTH AFRICAN PRESIDENT OVER POSSIBLE ‘GENOCIDE’ OF WHITE FARMERS WHILE GREENLIGHTING ISRAEL’S GENOCIDE IN GAZA
President Donald Trump met with South Africa’s President Cyril Ramaphosa in the White House last week and raised what he saw as concerns that white farmers in the African nation were being killed and “persecuted” and forced to flee to the U.S.
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GERMANY ACCUSED OF AIDING AND ABETTING GENOCIDE IN GAZA. MERZ DOES AN ABOUT FACE
Even while the Israeli government ramps up its massacres in Gaza—nearly 16 months since the International Court of Justice (ICJ) said Tel Aviv is “plausibly” committing genocide—Berlin has done nothing to distance itself from Israel, and continues to “celebrate” their “unshakeable friendship,” according to a report in WSWS.
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‘GAZA IS OURS’: THOUSANDS OF ISRAELIS TORMENT PALESTINIANS ON JERUSALEM DAY
Thousands of Israelis celebrated Jerusalem Day like they do every year: stage a massive Flag March through Jerusalem’s Old City where they can gleefully torment the Muslim population there by chanting slogans like, “Death to Arabs” while the Palestinians can do nothing because these marchers are backed by Israeli forces.
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WEIGHT TRAINING PROTECTS AGAINST DEMENTIA IN OLDER ADULTS
As the global population grows older, dementia cases are expected to double every two decades, rising to 78 million by 2030 and 139 million by 2050.[1]