A Model For Europe? Switzerland Moves To Strengthen Country Against Foreign Property Owners And Migration

Broadcom Crashes After AI Chip Revenue Forecast Misses Broadcaom stock is plunging in after-hours trading, after the company reported Q2 results which delivered a disappointing forecast for AI chip revenue, signaling that the company is either progressing more slowly than anticipated in the burgeoning industry, or that unlike its peers, is actually truthful in predicting the potential of the AI bubble. The historicals were ok: in the fiscal second quarter, which ended May 3, sales rose 48% to $22.2 billion, just barely beating the $22.1 estimate. AI semiconductor revenue was $10.8 billion, also...

"They Threw It Away": Airline Lobby Chief Says Democrats Accelerated Spirit Airlines' Demise Summary: Airlines For America CEO Chris Sununu Blasts Democrats For Spirit's Death Spiral Duffy Pledges Relief For Customers, Workers Spirit Airlines Is Dead, Flights Canceled Head Of Airlines Lobbying Group Blasts Democrats For Spirit's Death Spiral Chris Sununu, president and CEO of Airlines for America, the lobbying group representing major U.S. passenger and cargo airlines, blasted Democrats under the Biden-Harris regime era for accelerating bankrupt Spirit Airlines' demise after the blocked Spirit-JetBlue merger.  This aged well! I've warned for months that a @JetBlue-@SpiritAirlines merger...

Fed Chair Pick Warsh Approved By Key Senate Committee Along Party Lines The drama over Kevin Warsh's nomination as Trump's pick for next Fed chair appears to be over. Moments ago, Warsh won the backing of the Senate Banking Committee Wednesday in a 13-11 party-line vote, putting him on track to be confirmed by the full Senate before Jerome Powell’s term ends May 15, Bloomberg reproted.  Warsh’s nomination had been held up by Republican Senator Thom Tillis until the Department of Justice agreed last week to drop (for now) a criminal probe...