Author: i2wtc
Southwest Airlines introduced the “poison pill” after activist investor Elliott Investment Management bought a large stake in the airline.The airline said Wednesday that the shareholder rights plan is effective immediately and will expire in one year, with any extension requiring prior approval from Southwest shareholders. Shareholder rights plans, or “poison pills,” allow existing shareholders to buy stock at a discount in order to thwart a takeover by an outside company. Southwest’s plan is triggered when shareholders acquire more than 12.5% of the common stock, allowing all other shareholders to buy stock at a 50% discount. Southwest said it introduced the…
Former Prime Minister Boris Johnson made a surprise appearance on the British election campaign trail on Tuesday in a final bid to rally support for the Conservative party and its leader, Rishi Sunak, whom he helped bring down.Johnson won an overwhelming majority in the last election in 2019 but was forced to resign in 2022 after a Conservative rebellion instigated by Sunak exposed deep divisions, particularly between him and Johnson.read moreTwo days before an election that is expected to result in a landslide defeat for the Conservative Party, he introduced the current prime minister at an election event in London…
Are you drowning in political campaign texts? You’re not alone.As the November 2024 election approaches, Americans across the country will experience a surge in text messages from political campaigns trying to gain people’s attention, donations, and votes. According to Alex Kirich, CEO of call-blocking company YouMail, there will already be more political text messages in 2024 than in all of 2023.The constant influx of political campaign emails has become a daily nuisance for some, clogging up phones with unwanted notifications and making it hard to distinguish legitimate communications from potential scams. But the mail keeps coming for a reason: Political…
Wall Street was without a clear trend at the start of a session featuring a slew of economic data on Wednesday, but the Nasdaq was still able to hit a new record despite cautious trading on the eve of Independence Day.As of the morning close, the Dow Jones Industrial Average was down nearly 0.1% to 39,276.2, while the Nasdaq Composite Index was up nearly 0.5% to 18,111.5 after hitting a record high of over 276.2 on Independence Day. Meanwhile, the Nasdaq Composite Index was up nearly 0.5% to 18,111.5 after hitting a record high of over 18,113.1.Trading volume and activity…
The aerospace industry is at a pivotal time when cutting-edge technology and a culture of innovation can drive significant advances in the sector. Aerospace Tech Week Americas is the premier event convening technology pioneers, senior decision makers and emerging innovators to shape the future of aerospace. Bringing together young disruptors and established giants, the event showcases important new perspectives that are vital to the advancement of the industry. On November 19 and 20, Aerospace Tech Week Americas will bring together over 1,000 attendees, bringing together representatives from across the aerospace value chain in a collaborative environment. The event encourages open…
EAST RUTHERFORD, NEW JERSEY – JUNE 25: Lionel Messi of Argentina makes a gesture during the CONMEBOL Copa America 2024 match between Chile and Argentina at MetLife Stadium on June 25, 2024 in East Rutherford, New Jersey. (Photo by Tim Nwachukwu/Getty Images)Sixteen teams participated in the 2024 Copa America tournament. After about two weeks of group stage matches, only eight teams remain.The knockout stages of CONMEBOL’s quadrennial tournament have been decided, with eight teams preparing to meet in the quarter-finals, with Argentina, Brazil, Canada, Colombia, Ecuador, Panama, Uruguay and Venezuela the last remaining teams.All three teams that advanced to the…
Nigel Farage, who is set to become a member of the British House of Commons on Thursday for the eighth time, has risen from a radical Eurosceptic firebrand to a high-profile leader who wants to “reshape” British politics on the right.The 60-year-old former Member of the European Parliament (MEP) was a driving force behind the 2016 Brexit vote before building a career as a presenter for the far-right TV station GB News.A staunch supporter of Donald Trump and nicknamed “Mr Brexit” by the former US president, Farage is a divisive figure, loved and hated in equal measure by his supporters…
Despite an impressive fifth-place finish at the Olympic Trials, Christian Miller was not selected for the U.S. Track and Field team’s 4×100 relay pool. ST. JOHN’S, Fla. — It doesn’t seem fair. Christian Miller went to the Olympic Trials in Track and Field with a clear goal in mind, but he didn’t finish in the top three in the 100 meters and thus missed out on an automatic spot on the Olympic team. Miller and his coach, Ricky Fields, knew the 18-year-old wasn’t going to make it into the top three. Though he’d just graduated from Creekside High School in…
Putin and Xi vowed in May to deepen China-Russia “comprehensive strategic partnership” and strengthen defense and military ties at the same time China is expanding its presence in Central Asia, traditionally Russia’s sphere of influence.Last year, China overtook Russia to become Kazakhstan’s largest trading partner, with two-way trade exceeding $41 billion.In a sign of deepening ties, Xi also met with Kazakhstan’s President Kassym-Jomart Tokayev on Wednesday and supported Astana’s membership application. BrixThis further expands the China- and Russia-led club that rivals the G7 in economic power.”China is ready to work closely with Kazakhstan within the framework of the United Nations…
A former Pakistani senator was killed when a car carrying him and his supporters hit a roadside bomb in a former Pakistani Taliban stronghold near the Afghanistan border, police said.July 3, 2024, 10:36 AM• 2 min readKHAIL, Pakistan — A former Pakistani senator was killed Wednesday when a vehicle carrying him and his supporters struck a roadside bomb in a former Pakistani Taliban stronghold near the Afghanistan border, police said, killing two others.Two others were wounded in the attack in Bajr district of Khyber Pakhtunkhwa province, according to local police chief Bahat Bunal, who said former senator Hidayatullah Khan was…