S&P 500 Slumps After Trump Revives Unilateral Tariff Threats
The S&P 500 Index extended losses for a second-straight session Thursday after Wall Street's rally stalled, with traders looking past another cooling inflation print and reacting little to the latest round of US-China trade talks.
The equities benchmark fell 0.3% as of 9:37 a.m. in New York, coming off its first loss in four sessions on Wednesday as several Big Tech stocks continued to lead the way lower. The Nasdaq 100 Index slipped 0.2%, as a basket tracking the Magnificent Seven stocks like Nvidia Corp. and Amazon.com Inc. fell 0.4%. Alphabet Inc., Meta Platforms Inc. and Tesla Inc. all declined. Oracle Corp. jumped 9.1% — the best S&P 500 performer — after the software company's AI infrastructure demand remained strong.
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CBS News
29 minutes ago
- CBS News
Bay Area high school graduate accepted to 24 colleges, including some of the best in the country
As we celebrate our Bay Area high school graduates, a Vista Oaks Charter School high school graduate was accepted to 24 colleges and universities and was awarded $1 million worth of scholarships. Keion Rothschild has achieved what many of us can only dream of. He got accepted into some of the best universities in the country, including UC Berkeley, UCLA and USC. Rothschild still can't believe it. "Wow, I'm really able to do that," Rothschild said. "It really puts it into perspective what you can do when you put your mind to it." Rothschild gave a speech at his high school graduation ceremony, encouraging his peers to make a positive impact on our world. "I just want to remind you all that you are powerful, you are resilient, you are capable of achieving incredible things," Rothschild said. "Let's go into this world with our heads held high. Let's make a difference and honor the legacy of those who came before us." Graduating with a 4.0 GPA with honors, Rothschild was awarded $1 million worth of scholarships from colleges and universities across the country. "Like I said, 'It's all in God's plan,'" said Rothschild to his mom. "I'm ecstatic for my son and I say this so often; I am just blessed to be his mom," Onó Rothschild said. Rothschild is a role model to his six siblings and a leader in his school and community. He's an ambassador for the youth empowerment nonprofit Youth Utilizing Power and Praise based in Santa Clara County. "When he first started with his coach in public speaking, which at that time was my husband, Theophilus Booker, Keion was so shy," said Shelene Huey-Booker, YUPP founder and executive director. "He's probably gonna get mad that I say this, but I'm gonna say it anyway, cause that's what aunties do. He would just cry. It was just too much for him to now seeing him speaking at his graduation. It's just phenomenal and it's such a blessing to be able to witness it." "A lot of people feel like they're alone and I had my own experience with that," Rothschild said. "But when you see that played out in front of you and you know how many people are actually there for you. It changes your whole perspective on everything." With the big decision of choosing from 24 colleges and universities, Rothschild eventually chose the University of Oregon, which awarded him a full-ride scholarship in their honors program. Now, Rothschild is looking to the future. "My next step is getting into college and graduating and then I want to earn a whole bunch of money and buy my family anything they want," said Rothschild. "I want to buy my mom a house, a big, beautiful mansion. Everything she wants. My auntie, you guys met earlier. I want to buy her a house, my grandma a house. Just buy everybody a house really." Rothschild's strength, resilience and humility are qualities that will carry him through life. "I wouldn't say it's about me per se," said Rothschild. "I think it's all the grace of God." No matter what lies ahead, his future is bright. Rothschild plans to major in English and become a screenwriter.
San Francisco Chronicle
38 minutes ago
- San Francisco Chronicle
If Waymos are ignited during Saturday's No Kings protest, S.F. officials could let them burn
With massive demonstrations anticipated across the Bay Area on Saturday, firefighters in San Francisco are bracing for one dramatic form of protest theater: The torching of Waymo robotaxis. Burning the driverless cars became a fraught symbol of the moment during protests in Los Angeles on Sunday and Monday, which tipped off a week of escalating tension between President Donald Trump and California's major blue cities. Photos of the charred, smoldering, graffiti-scrawled cars instantly went viral on social media, transforming a manicured Southern California boulevard into an apparent war zone. If it happens in San Francisco, Fire Chief Dean Crispen said at a recent meeting, it might be better to let the cars burn. 'In a period of civil unrest, we will not try to extinguish those fires unless they are up against a building,' Crispen told members of the San Francisco Fire Commission on Wednesday. He explained that since the electric Waymo SUVs run on lithium ion batteries, they burn 'incredibly hot' and tend to explode when ignited. Such blazes are challenging to put out, and become dangerous due to the rapidly rising temperatures of the cars' batteries, a phenomenon called 'thermal runaway,' Crispen said. These sudden spikes can lead to sporadic eruptions. Quelling a Waymo fire would require connecting to a fire hydrant and essentially tethering firefighters to a single area, in a situation where they need to be mobile and agile. Crispen's comments provided a window into how emergency responders are planning and coordinating for a series of No Kings marches and rallies that could be structured and peaceful — or devolve into violence and property damage. Waymo plans to constrain service of its Jaguar I-Pace electric vehicles this weekend, pulling the cars out of the Financial District, SoMa, the Mission and Potrero Hill, according to company staff. The robotaxis will still be available on San Francisco's west side and in other areas. Set to coincide with President Donald Trump's birthday and a military parade in Washington, D.C., No Kings Day will cap off a week of protests in Los Angeles, San Francisco and other cities, which started off as a reaction to federal immigration raids, and then widened in scope. As Trump deployed troops in Los Angeles to intimidate protesters, anger at the president intensified. Organizers of Saturday's actions have called the president a 'would-be king.' Among the most captivating images from the initial Los Angeles protests were the scorched Waymo cars, lined up in a row and engulfed in heavy black smoke. Some observers believe the cars were targeted because of their association with Big Tech. Others view the Waymos as hapless victims, because they have no one behind the wheel and easily become paralyzed if an object is placed in their path. Lighting cars on fire is a common protest tactic, Omar Wasow, an assistant professor of political science at UC Berkeley, said in a recent interview. He noted that in the past, and particularly after the murder of George Floyd in 2020, demonstrators often directed their rage at police cruisers. 'At the same time,' Wasow said. 'There are some things that are specific to a Waymo car. You can stop it easily. There's not a driver who is going to try to drive through the crowd. It's almost a sitting duck.' Still, others wonder whether the L.A. demonstrators had arranged the cars in a defensive barricade, then lit the fires knowing they would be hard to control. 'I have no doubt the protesters not only called the Waymos, but that they lined the Waymos up in a strategic and defensive position,' said William Riggs, a professor of engineering and management at the University of San Francisco who studies autonomous vehicles. Representatives of Waymo said they had no reason to believe people had deliberately hailed vehicles to a scene to be destroyed. 'Safety is our top priority, and we are taking heightened measures to keep our vehicles and riders safe including limiting our service in needed areas,' a spokesperson for the company wrote in a statement. 'We are working in close coordination with local law enforcement and fire departments.' In response to the chaos in Los Angeles, Waymo diverted service from the downtown center. Subsequently, the company limited trips in certain parts of San Francisco, where protesters gathered on Monday. Though at that time the autonomous vehicle company declined to provide details about what was evidently an evolving service plan, Waymo's self-driving fleet on Monday appeared to be largely absent from SoMa and the Mission, two areas where the cars are normally ubiquitous. Protests took place that night at the 24th and Mission BART Station plaza and outside City Hall. Crews that responded to the Waymo fires in Los Angeles mostly stood by as the cars incinerated, Crispen said. He noted that San Francisco firefighters will follow suit, while assuring that his personnel would carefully monitor the fires and heed any decisions from incident commanders.
Associated Press
an hour ago
- Associated Press
Benson Fischer – Restaurant Industry Veteran Launches Revolutionary Restaurant Marketing Program
Benson Fischer ZivZo, led by CEO Benson Fischer, launches its restaurant marketing program. With 40+ years of hands-on industry experience, Fischer has owned, operated, franchised, and consulted for restaurants nationwide. ZivZo's real-world expertise drives tailored marketing solutions that deliver proven results, like generating $140K in sales from a $5K campaign. As a certified Toast Partner, ZivZo empowers restaurants with strategic growth tools. Potomac, Maryland - June 13, 2025 - ZivZo, a marketing agency unlike any other, is proud to announce the official launch of its specialized restaurant marketing program, spearheaded by Founder/CEO and seasoned entrepreneur, Benson Fischer. With over four decades of unparalleled hands-on experience in the restaurant industry, Fischer brings a unique and invaluable perspective to helping restaurants thrive in today's competitive landscape. ZivZo's approach is rooted in real-world understanding, not just marketing theory. Benson Fischer's extensive background includes the design, construction, and operation of over 50 restaurants, the successful franchising of one of his concepts, and his role as an area developer/franchisee for Papa John's. He has personally navigated every facet of the restaurant business, from site selection and lease negotiations to daily operations, franchising, and even the manufacturing and national distribution of food and beverage products. This deep, comprehensive insight, further bolstered by his ownership of a commercial real estate brokerage focused on restaurant consulting, sets ZivZo apart. 'I've walked a mile in the shoes of every restaurant owner and operator,' says Benson Fischer. 'I understand the daily challenges, the operational complexities, and the critical need for effective strategies that deliver tangible results. At ZivZo, we don't just offer marketing buzzwords; we offer strategic insights and solutions specifically tailored to the unique needs of restaurants, because we've lived and breathed this industry.' ZivZo's experience directly translates into a proven track record of success. In a recent example, a struggling restaurant partnered with ZivZo for a targeted marketing intervention. After a thorough analysis of their offerings, customer base, and competitive landscape, ZivZo implemented a multifaceted marketing campaign. This campaign integrated organic and paid digital strategies, compelling video content, and a targeted email marketing program. The results were remarkable: within just 30 days, and with a modest $5,000 budget, the campaign generated over $140,000 in restaurant sales – a staggering 28X return on investment. ZivZo is eager to share the full details and results of this campaign upon request. ZivZo's new restaurant marketing program is poised to empower national, regional and local restaurant groups with the strategic guidance and effective marketing solutions they need to achieve significant growth and profitability. ZivZo is also a certified Toast Partner. About ZivZo: ZivZo is a specialized marketing agency led by CEO Benson Fischer, a seasoned entrepreneur with over 40 years of hands-on experience in the restaurant industry. ZivZo offers strategic marketing insights and solutions tailored to the unique needs of restaurants, leveraging real-world operational understanding to deliver exceptional results. Click To Learn About Benson Fischer & ZivZo's Restaurant Marketing: Media Contact Contact Person: Benson Fischer Email: Send Email Phone: (833) 948-9663 City: Washington State: DC Country: United States Website: Source: Ok Omni LLC
