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FIFA Rebukes NJ's Lefty Governor In Transportation Dispute
FIFA Rebukes NJ's Lefty Governor In Transportation Dispute
Authored by Luis Cornelio via Headline USA,
Leaders behind the 2026 FIFA World Cup rebuked New Jersey Gov. Mikie Sherrill after she launched what appeared to be a social media campaign complaining that the state would be stuck footing the bill for public transportation tied to the event.
The 2026 World Cup is set to span multiple days, including eight matches at New Jersey’s MetLife Stadium in June.
Estimates suggest the games could generate over $3 billion in economic impact for the region.
However, the state is expected to expand public transportation services, as...
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May 6, 2026 / Tyler Durden
UBS Says Transport Stock Rout Is "Overdone" After Amazon News
UBS Says Transport Stock Rout Is "Overdone" After Amazon News
UBS senior analyst Tom Wadewitz, who covers freight transportation, told clients that Amazon's latest push to open its supply chain network to businesses beyond its own marketplace triggered an "overdone" sell-off in transport names, including UPS, FedEx, and C.H. Robinson.
Wadewitz said the risk is not new, noting that Amazon's supply chain service has been around since 2023. He said the pullback has created attractive entry points in select transport stocks, particularly UPS, FedEx, and C.H. Robinson.
"While we view AMZN's...
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May 5, 2026 / Tyler Durden
After Bizarre CEO Interview On CNBC, Michael Burry Exits GameStop Position
After Bizarre CEO Interview On CNBC, Michael Burry Exits GameStop Position
Michael Burry has exited his position in GameStop Corp., saying the retailer’s reported bid for eBay Inc. changed the investment case, according to Bloomberg.
In a Monday post to his Substack subscribers, Burry said a potential $56 billion cash-and-stock acquisition would likely require too much debt and no longer aligned with his original thesis for GameStop. He had previously backed the company in 2019, a move that helped spark investor enthusiasm around the stock.
Burry wrote: “Wall Street does indeed mistake...
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Jun 3, 2026 / Tyler Durden
US Govt. Lab Launches Advanced Battery Lab To Help Power Grid
US Govt. Lab Launches Advanced Battery Lab To Help Power Grid
Authored by Georgina Jedikovska via Interesting Engineering,
The US has recently launched a new battery production line, which is expected to help researchers develop safer and cheaper energy storage technologies for the electric grid.
PNNL's new prismatic cell line will allow researchers and industry partners to create, test and demonstrate real-world prismatic cells at an industrially relevant scale. (Andrea Starr/Pacific Northwest National Laboratory)
The new line is housed at the Grid Storage Launchpad (GSL), a 93,000-square-foot research facility. It is run by...
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