By Amina Ismail and Nidal al-Mughrabi BEIRUT/CAIRO (Reuters) -Hundreds of Beirut residents fled their homes late on Sunday after Israel said it was preparing attacks on sites linked to the financial operations of Lebanon’s Hezbollah group within hours and told people to leave those areas immediately. Soon after the Israeli warning, several blasts were heard and a large fire was seen in Beirut’s southern suburbs. There was no immediate information on what caused the explosion, or details of any casualties. Panicked crowds clogged the streets and caused traffic jams in some parts of Beirut as they tried to get to…
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A Southwest Airlines plane takes off from Hartsfield-Jackson Atlanta International Airport (ATL) in Atlanta, Georgia, US, on Friday, July 12, 2024. Elijah Nouvelage | Bloomberg | Getty ImagesElliott Investment Management and Southwest Airlines have been discussing a settlement that would give the activist investor significant representation on the airline’s board, according to people familiar with the matter.The settlement talks are predicated on a deal that would give Elliott less than full board control, said the people, who asked not to be named because the negotiations are confidential. Southwest’s board will drop to 12 members after Chairman Gary Kelly steps down next…
A heart-stopping incident unfolded in the mountains as a Subaru WRX, being transported on a flatbed trailer, nearly slipped off the edge of a cliff. The car, a high-performance rally spec model, was unsecured and began to slide backward as the truck braked. Bystanders desperately tried to warn the driver, but their pleas went unheeded. The Subaru continued its perilous descent, narrowly missing a parked Alfa Romeo Tonale. It seemed inevitable that the car would tumble down the steep slope, but fate intervened. Subaru WRX Narrowly Escapes Cliff Disaster in Heart Stopping Flatbed Incident (supercar.fails /Instagram) A pile of rocks…
We recently published a list of 7 Best American Stocks To Buy and Hold in 2024. In this article, we are going to take a look at where Amazon.com Inc. (NASDAQ:AMZN) stands against other best American stocks to buy and hold in 2024.Neutral Stance Amid UncertaintiesThe tech sector has been showing positive performance amid market concerns, driven by improved earnings estimates and substantial investments in artificial intelligence. Approximately 40% of operating cash flow is currently allocated to AI, raising questions about when these investments will begin to yield returns. The strong profit margins of mega-cap stocks, averaging over 23%, compared…
While the Paris Motor Show is in full swing, Porsche has Revealed a stunning one off creation that almost went unnoticed. The 718 Spyder RS Panamericana Special is a tribute to the German carmaker’s successful participation in the 1954 Carrera Panamericana Mexico. This iconic race, established in 1950 to celebrate the completion of Mexico’s section of the Pan American Highway, has been a significant part of Porsche’s history. The 718 Spyder RS Panamericana Special honors the victory of Hans Herrmann in the 1954 race, driving a 550 Spyder. This remarkable achievement secured Porsche a third position and solidified the company’s…
The iconic Mach 1, a car that once overshadowed even the Mustang GT, continues to fascinate enthusiasts. While finding a Mach 1 isn’t particularly challenging, locating one in pristine condition, untouched by restorations or modifications, is a different story. The 1970 Mach 1 listed on eBay by Dusty Cars presents an intriguing opportunity, though it’s not without its quirks. One of the car’s standout features is its vibrant Bright Blue metallic paint. Rare 1970 Ford Mustang Mach 1 on eBay (Dusty Cars) While this color isn’t uncommon, the blue on blue combination is a rarity, according to the dealer. The…
The Four Pillars of Investing, Second Edition: Lessons for Building a Winning Portfolio. 2023. William J. Bernstein. McGraw Hill Professional. In The Four Pillars of Investing, Second Edition: Lessons for Building a Winning Portfolio, William J. Bernstein, a retired neurologist and the cofounder of the investment management firm Efficient Frontier Advisors, provides a comprehensive guide that offers important insights and practical strategies for creating and maintaining a successful investment portfolio. The book, first published in 2002, gives investors a strong foundation in financial principles. Bernstein sets out four key pillars that serve as the bedrock: theory, history, psychology, and business.…
We recently compiled a list of the 8 Best US Stocks For Foreign Investors Right Now. In this article, we are going to take a look at where Qualcomm Inc. (NASDAQ:QCOM) stands against the other US stocks.Optimism Amid Market StrengthDespite previous recession predictions, the market has shown resilience and continued to rise, largely due to multiple expansions rather than just earnings growth. Current market valuations are trading at approximately 22 times earnings during an easing cycle, raising questions about future earnings growth. There seems to be a disconnect between expectations for significant easing and projected strong earnings growth.Investors are encouraged to…
Social Security is the foundation for many Americans’ retirement plans. However, not everyone knows all of the details of how the government program works. There are a few foundational rules everyone should know, but many Americans’ knowledge falls short for even the most basic and important rules governing the program.If you don’t know the basics of how Social Security works, making an informed decision about when to claim your retirement benefits becomes impossible. Applying for benefits too early (or too late) can have serious long-term ramifications on your retirement goals. Unfortunately, almost half of Americans maintain an incorrect belief about…
The Plymouth Road Runner, a bare bones, affordable alternative to the GTX introduced in 1968, became an immediate sensation and continued its run as a standalone nameplate until 1975. Despite its relative commonality compared to other Mopars of the era, it has evolved into a highly sought-after classic. The golden-era versions (1968-1971), renowned for their high compression V8 engines, naturally command the most attention. While the 426 HEMI and 440 Six-Barrel cars are six-figure investments, examples equipped with the entry-level 383 cubic inch V8 remain relatively affordable. 1970 Plymouth Road Runner with Original Lemon Twist Paint and Low Miles for…