QuantumScape CEO mulls legal action in response to activist short-seller’s critical report

QuantumScape could pursue legal action after coming under assault in a scathing report released by activist short-seller Scorpion Capital. “We’re absolutely going to look at that,” Jagdeep Singh, chief executive of QuantumScape, said when CNBC’s Jim Cramer asked if the company would consider filing suit against the firm. “Some of the points in there are… Continue reading QuantumScape CEO mulls legal action in response to activist short-seller’s critical report

Cramer’s week ahead: The impact of inflation and the reopening as earnings season accelerates

Jim Cramer said Friday that the “real earnings” season will get underway Monday after the major banks posted their quarterly results earlier this week. “We’re actually going to get the impact of both inflation and the reopening,” he said on “Mad Money.” “I think the former’s a big negative, but the latter’s so positive that… Continue reading Cramer’s week ahead: The impact of inflation and the reopening as earnings season accelerates

Justice Department sues Trump ally Roger Stone and wife over alleged $2 million in unpaid taxes

The Department of Justice on Friday sued Roger Stone, the loyal former advisor to ex-President Donald Trump, alleging he and his wife owe nearly $2 million in unpaid federal taxes and other fees. The lawsuit accuses Stone and Nydia Stone of using an “alter ego” company in an attempt to “shield their personal income from… Continue reading Justice Department sues Trump ally Roger Stone and wife over alleged $2 million in unpaid taxes

De-escalation training can potentially reduce police shootings, says former Detroit police chief

Isaiah McKinnon, former chief of police and deputy mayor of Detroit, explained the importance of de-escalation training and how it can save lives as tensions rise between police and residents across the U.S. “De-escalation is the potential answer… I had almost a similar circumstance, where I stopped a person, a young kid who had a… Continue reading De-escalation training can potentially reduce police shootings, says former Detroit police chief

European stocks log best winning streak since 2018; autos rally on Daimler earnings

European markets continued to rally on Friday after notching record highs the previous session, as investors take heart from strong U.S. economic data and recovery prospects. The pan-European Stoxx 600 ended the session up by 0.9%, with autos adding 2.1% on the back of a bumper earnings report from Daimler. All sectors and major bourses… Continue reading European stocks log best winning streak since 2018; autos rally on Daimler earnings

Oath Keepers Member Is 1st To Plead Guilty In Capitol Riot Investigation

A heavy metal musician and founding member of the Oath Keepers extremist group pleaded guilty Friday to charges connected to the storming of the U.S. Capitol and agreed to cooperate with investigators — a first in the massive probe into the deadly Jan. 6 assault. Jon Schaffer, a guitarist and songwriter for the heavy metal… Continue reading Oath Keepers Member Is 1st To Plead Guilty In Capitol Riot Investigation

Russia Retaliates Against Biden’s New Sanctions, Expelling 10 U.S. Diplomats

Russian Foreign Minister Sergey Lavrov addresses the media Friday in Moscow. Lavrov announced that Russia will expel 10 U.S. diplomats. The move comes after the Biden administration ordered 10 Russian diplomats to leave the U.S. a day earlier.Yuri Kochetkov/Pool via AP Russia retaliated Friday over a new round of U.S. sanctions imposed a day ago… Continue reading Russia Retaliates Against Biden’s New Sanctions, Expelling 10 U.S. Diplomats

Law Professor: Police Hold ‘Extraordinary’ Power Over Black People In Traffic Stops

A law professor and former federal prosecutor argues that police in Brooklyn Center, Minn., didn’t need to pursue Daunte Wright, who was killed by an officer who said she mistakenly shot him instead of using her Taser. “They have his license plate. They know where he lives,” says Georgetown law professor Paul Butler, author of… Continue reading Law Professor: Police Hold ‘Extraordinary’ Power Over Black People In Traffic Stops

Senators Urge Biden To Shut Down Guantánamo, Calling It A ‘Symbol Of Lawlessness

Calling the U.S. military prison in Guantánamo Bay, Cuba, a “symbol of lawlessness and human rights abuses,” two dozen U.S. senators are urging President Biden to shut it down quickly and find new homes for the 40 men remaining there. Many of the detainees have been confined at Guantánamo for nearly two decades without being… Continue reading Senators Urge Biden To Shut Down Guantánamo, Calling It A ‘Symbol Of Lawlessness

Colton Underwood Comes Out as Gay: Tayshia Adams, Lucy Hale, Lance Bass and More Stars React

Colton Underwood has the support of his peers and exes after coming out as gay. On Wednesday’s episode of Good Morning America, the 29-year-old former Bachelor told Robin Roberts in a pre-taped interview that he is gay, adding that it’s something he “came to terms” with earlier this year, despite knowing he “was different” since… Continue reading Colton Underwood Comes Out as Gay: Tayshia Adams, Lucy Hale, Lance Bass and More Stars React