Dramatic Videos Show Several Tankers On Fire In Strait Of Hormuz This Weekend

US To Power Base With Nuclear Aircraft Carrier As Navy Mulls New Floating Reactor Program Later this summer, the nuclear-powered USS Gerald R. Ford will export electricity from its two A1B reactors directly to Naval Station Norfolk, powering the largest naval base in the world from a $13 billion supercarrier sitting at the pier. Acting Secretary of the Navy Hung Cao provided the news during a May 14 House Armed Services Committee hearing on the FY2027 budget. “This summer, Naval Station Norfolk in Virginia is going to be powered from an...

Celsius Shares Crash As Revenue Misses Estimates Celsius Holdings, the Florida-based beverage company with a portfolio of some of America's top-performing energy drinks, reported weaker-than-expected second-quarter results, as revenue, adjusted earnings, and profitability missed Wall Street estimates. Second-quarter adjusted earnings fell to 36 cents per share from 47 cents a year earlier, below the 41-cent Bloomberg Consensus estimate. Revenue increased 11% to $817.9 million but missed the $872.6 million estimate, with North American sales of $790.7 million also falling short. Profitability deteriorated despite sales growth. Gross margin narrowed to 48.1% from...

Iowa Attorney General Sues Camera Company Over Ties To China Authored by Frank Fang via The Epoch Times, Iowa Attorney General Brenna Bird has filed a lawsuit against home security camera maker Lorex, alleging the company used deceptive business practices to mislead consumers about potential security risks tied to its products. Iowa Attorney General Brenna Bird speaks during the second day of the 2024 Republican National Convention at the Fiserv Forum in Milwaukee, Wis., on July 16, 2024. Andrew Caballero-Reynolds/AFP via Getty ImagesThe complaint, announced by Bird's office on Oct. 9, alleges...