Harvard Management Co. disclosed a $2.2 billion stake in SpaceX, showing how the university’s endowment has benefited from an early bet on Elon Musk’s giant rocket company. Harvard reported holding the position in its 13F filing on Friday, revealing that it is one of the largest holders of the stock. Space Exploration Technologies Corp. is … Read more
SpaceX shares rebound following CEO Elon Musk’s reveal of the new xAI Grok 4.6 model. Siebert Financial CIO Mark Malek discusses SpaceX’s market performance, AI competitiveness and revenue potential on ‘Mornings with Maria.’ Harvard University’s investment arm revealed a $2.2 billion stake in SpaceX, revealing a huge payoff from an initial investment in Elon Musk’s … Read more
A massive egg recall affecting nearly 1.6 million dozen eggs has been elevated to the U.S. Food and Drug Administration’s highest risk warning as officials investigate a salmonella outbreak that has sickened nearly 100 people. On August 12, the FDA reclassified the recall of nearly 1.6 million dozen cage-free white and brown eggs over concerns … Read more
New Orleans Uptown restaurant, known for donating during storms, fears closure NEW ORLEANS – The family-run August Moon Uptown has invested two decades into its restaurant serving Vietnamese and Chinese cuisine. However, like many small businesses in New Orleans, August Moon fears its operations could end soon. According to the owner’s daughter, Cindy Dao, the … Read more
A man who sued the New York Bariatric Group reportedly included hidden indications in documents ordering AI to declare him the winner of the case, a move that a bewildered Connecticut judge called a “gross abuse of litigation” that “defies logic.” 404 Media reported that the man is a pro se plaintiff suing the group … Read more
Americans are keeping their cars longer than ever, with the average age of vehicles in the United States increasing to 12.8 years, according to Mobility Global. But some industry analysts and forecasters worry that highly complex, software-defined vehicles will age more like smartphones. These vehicles rely on sophisticated computers and software to control many functions … Read more
California Pizza Kitchen co-founder Rick Rosenfield told Fox News Digital how two former prosecutors built a pizza empire and how he believes the iconic chain is moving toward “new glory.” On a quintessential street in Beverly Hills, in 1985, a restaurant opened its doors that would help transform the pizza industry. After years of practicing … Read more
Eat Just CEO Josh Tetrick says the company is growing “five times faster” today than it was last year on ‘The Claman Countdown’. Weeks after more than 1.5 million cartons of a dozen eggs were recalled due to a salmonella risk, the U.S. Food and Drug Administration raised the recall to the highest risk level. … Read more
A Georgia financial advisory CEO was sentenced Friday to 20 years behind bars for masterminding a $380 million Ponzi scheme to finance his lavish lifestyle of yachts, private jets and luxury stores. Todd Burkhalter, founder of Atlanta-area Drive Planning LLC, orchestrated one of Georgia’s largest schemes, stealing millions from more than 2,000 investors in a … Read more
West Seattle residents will have to wait nearly another decade for light rail service after Sound Transit delayed the planned opening of the West Seattle Link extension until 2035. The delay is the latest in a series of schedule changes tied to a major budget gap at the agency. During the 2016 election campaign, Sound … Read more