Data: Financial Modeling Prep; Chart: Erin Davis/Axios Visuals Apple CEO Tim Cook hands the reins over to John Ternus Tuesday, stepping down after 15 years of running the company. Why it matters: He had an epic run. By the numbers: When Cook took over in August 2011, Apple's stock was trading at $13.35. It closed at $316.61 on Monday. Zoom in: That 2,272% gain easily outpaced the growth of the major stock indexes. - The company's market cap — the value of all its outstanding shares — is now $4.7 trillion, up from $347 billion in 2011. - Stunning stat: Under Cook, Apple's market cap grew by $32 million an hour for 15 years, Bank of America calculated last month. The big picture: Cook's big innovation was taking the company from its…
President Trump's historic Venezuelan oil deal revolves around a colorful and controversial man from Caracas with a long history of supporting U.S. interests — including the operation to remove former strongman Nicolas Maduro. Why it matters: Alejandro Betancourt, 46, runs the oil company that's entering into an unprecedented partnership with the Pentagon. It gives America access to some of Venezuela's vast oil fields at a time when U.S. reserves are low. - "No Betancourt, no energy-security deal," a U.S. official told Axios. "And Maduro might still be in power if it wasn't for him." - Betancourt's life story has an oil-like boom-and-bust aura, replete with billion-dollar deals, international intrigue, a longstanding money-laundering…
Two key reasons led to Army Secretary Dan Driscoll's resignation, announced Monday : the feeling that his modernization initiatives were being blocked, and the chaos created by Defense Secretary Pete Hegseth's firing of senior generals. Why it matters: Driscoll's wartime resignation, on top of Hegseth's firing of Army Chief of Staff Gen. Randy George this spring, leaves the military's largest service without Senate-confirmed leadership, civilian or uniformed. Behind the scenes: Driscoll recently spoke with President Trump and expressed his concerns about the state of the Army. Another person described the situation to Axios simply: "Sad." - A White House official said Driscoll was asked to stay longer, until after midterms. But Driscoll…
Host Blake Burman follows Trump's threats to retaliate for Iran’s strikes on Jordan overnight Sunday, which came in response to the U.S. taking out two Iranian rocket launchers over the weekend. Meanwhile, at least two bodies have been recovered since a major flash flood swept through the Grand Canyon, park officials said Monday, as search and recovery efforts continued for about 15 people still missing. 00:00 - Introduction 01:00 - Trump: We may 'smack' Iran 11:33 - Search for survivors in Grand Canyon flash flooding 20:56 - Duffy announces crackdown on CDL drivers 29:16 - Lawmakers hold hearing at Flight 93 memorial 37:16 - New tech rewards drivers with green lights #trump #iran #grandcanyon #politics #iranwar #cdl
Fabrice Florin By David R. Legates The original intent of citizen suit provisions was to allow the people the right to petition the government to act in their interest. Unfortunately, the privilege has been abused.
ChatGPT for American Thinker By Julio Rivera The Trump Administration has launched a new federal vulnerability coordination initiative intended to accelerate the discovery, prioritization, and remediation of serious software vulnerabilities.
