CNN — House Republican Leader Kevin McCarthy made a major concession to critics of his bid for the House speakership during private conversations this week: lowering the threshold that would force a floor vote to oust a sitting speaker, according to six Republican sources. Internal discussions. McCarthy has been Trying to find a compromise threshold…
image caption, The L60 will rival Tesla’s Model Y Article information author, Joao da Silva stock, Business Correspondent 16 May 2024, 02:22 BST Updated 5 hours ago Chinese electric vehicle (EV) maker Neo has unveiled the first car from its new low-cost brand Onvo, a direct challenger to Tesla’s best-selling car. With prices starting at…
Hurricane Hillary has strengthened into a major storm along Mexico’s Pacific coast and will bring heavy rain to the southwestern United States over the weekend. August 17, 2023, 10:24 AM ET • I read for 3 minutes MEXICO CITY — Hurricane Hillary strengthened into a major storm Thursday evening along Mexico’s Pacific coast and will…
Loudoun County Fire and Rescue said a firefighter died after a catastrophic house explosion in Sterling, Virginia, on Friday evening. Firefighters on the scene fielded multiple Mayday calls for a fire in the 300 block of Silver Ridge Drive — where one firefighter was “trapped in the rubble,” one person said. “I would say it's…
At least 20 people were killed and more than 150 wounded late Thursday, according to Palestinian officials and witnesses in Gaza. The Israeli army strongly denied responsibility for the killings in a statement on Friday. The Israel Defense Forces (IDF) said Palestinian gunmen opened fire on the crowd and some civilians were run over by…
CNN — Senate Majority Leader Chuck Schumer and Senate Minority Leader Mitch McConnell cut a deal and are spinning off a 79-page short-term spending bill to keep the government open by Saturday, according to a draft obtained by CNN. With government funding set to expire at midnight Saturday, there is no guarantee the Senate stopgap…
Georgia’s ruling party said Thursday it would drop a bill on “foreign agents” after two nights of violent protests against what opponents say is a Russian-inspired authoritarian change that threatens the country’s hopes of joining the European Union. The ruling Georgian Dream party said in a statement that “we will unconditionally withdraw the bill we…
Sales of pre-owned homes fell for the third straight month in May as prices hit an all-time high. Year-over-year sales were down 2.8%. According to the National Association of Realtors (NAR).Existing home sales fell 0.7% in May to 4.11 million units on a seasonally adjusted annual basis. Combined with high interest rates hovering around 7%,…
First Citizens Bancshares will buy Silicon Valley Bank, the California lender whose collapse sent shock waves across the financial sector this month. The Federal Deposit Insurance Corporation took control of the Silicon Valley bank on March 10 after the deposits went bankrupt. FDIC, which announced the agreement As of late Sunday, the bank is looking…
PepsiCo shares rose Thursday after the beverage and snack maker posted a beat and rise in the quarter in the three months to the end of June. Pepsi (ticker: PEP ) reported earnings per share of $1.99 for the June quarter, topping analysts’ expectations of $1.96. Quarterly revenue was $22.3 billion, beating the consensus estimate…
