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US stocks surged Tuesday as investors latched onto signs that the economy is thawing out after being frozen by the coronavirus. The Dow Jones industrial average soared as much as 694.97 points, or 2.8 percent, to 25,160.13, trading above 25,000 for the first time since March 10. The S&P 500 also broke through its key …
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Silicon Valley-based software company Palantir is following Tesla CEO Elon Musk’s lead and openly considering leaving the “increasing intolerance and monoculture” of California, its co-founder said. Speaking during an appearance Monday on “Axios on HBO,” CEO Alex Karp said the company was “getting close” to deciding whether it would leave the Golden State. Karp was …
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Colombian seamstress Nazly Penagos got an unusual offer from her boss: Come live inside the Bogota factory to reduce the chance of getting sick with the novel coronavirus. The owner of the Hechizoo factory, which normally employs 70 to produce high-end upholstery, has installed bathrooms, a kitchen and beds to house eight of the 17 …
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Elon Musk’s SpaceX said on Tuesday that it raised $346.2 million in a new round of funding, a day before it launches two American astronauts to the International Space Station. The private rocket company’s launch of its first crewed mission on Wednesday from NASA’s Kennedy Space Center in Florida will put an end to the …
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Kandi Burruss is quite the chameleon. Not only is the 44-year-old “Real Housewives of Atlanta” star a music icon, a business mogul and the most recent winner of the “Masked Singer,” but she also isn’t afraid to experiment with her looks. And since her 17-year-old daughter Riley recently went for a big chop, the star …
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US car rental company Hertz Global Holdings said on Tuesday it has paid about $16.2 million in retention bonuses to a range of key executives at the director level and above, days after the company filed for bankruptcy protection. The company paid president and chief executive officer Paul Stone $700,000, and executive vice president and …
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Kelly Dodd continued to downplay the coronavirus pandemic via social media over the holiday weekend. On Monday, the “Real Housewives of Orange County” star — who has gotten heat for her controversial comments about COVID-19 — appeared celebratory when she saw mall patrons not wearing face masks while out to eat in her California hometown. …
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A grassroots movement of local actions has been credited for Japan’s success. Yesterday, Japan’s nationwide state of emergency was officially lifted by Prime Minister Shinzo Abe, who declared COVID-19 to be under control in the country. In his announcement of the move, Abe said, “Recently, new infection cases have fallen below 50 for the entire …
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China raised the specter of escalated tensions with the U.S. over the weekend amid friction over the coronavirus pandemic, warning that the U.S. is pushing the relationship between the world’s two largest economies “to the brink of a new Cold War.” “It has come to our attention that some political forces in the U.S. are …
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Jennifer Lopez has mixed feelings about having to postpone her wedding to Alex Rodriguez amid the coronavirus pandemic. “I’m a little heartbroken because we did have some great plans but I’m also like, you know what? God has a bigger plan so we just have to wait and see,” she said via video chat on …