
US manufacturers are stuck in a rut despite subsidies from Biden and protection from Trump
Democratic President Joe Biden handed out subsidies to chipmakers and electric vehicle manufacturers. Republican President Donald Trump is building a wall of import taxes — tariffs — around the U.S. economy to protect domestic industry from foreign competition.
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Jeffrey Epstein accomplice Ghislaine Maxwell's secluded hideout hits the market
This story discusses suicide. If you or someone you know is having thoughts of suicide, please contact the National Suicide Prevention Lifeline by dialing 988. Jeffrey Epstein accomplice Ghislaine Maxwell's former New Hampshire mansion has been listed for $2.5 million nearly five years to the day after the FBI tracked her to the property ahead of her arrest and conviction on sex trafficking charges, according to a new report. The 156-acre mountaintop property sold for $1.1 million in 2019, according to -- purportedly to a limited liability company with ties to Maxwell. She is currently appealing a 20-year prison sentence in connection with the Epstein case. He died in a federal jail cell in 2019 while awaiting his own trial. Ghislaine Maxwell Follows Prison Fitness Routine, Video Shows, As Doj's Jeffrey Epstein Memo Draws Heat The property includes a luxe main home that features a fieldstone fireplace, a sun room with its own wood-burning stove, and floor-to-ceiling windows. There's also a converted barn and freestanding garage. Read On The Fox News App The 2nd Circuit U.S. Court of Appeals denied Ghislaine's latest appeal in December. She has filed a writ of certiorari with the U.S. Supreme Court seeking a review at the highest level. Epstein Victims Numbered Over 1,000 – Far More Than Previously Known, Federal Investigators Say Maxwell's appeal centers on a 2007 non-prosecution agreement between Epstein and federal prosecutors in the Southern District of Florida, which stated that "the United States also agrees that it will not institute any criminal charges against any potential co-conspirators of Epstein." Maxwell is serving her sentence at FCI Tallahasee, where exclusive photos published by Fox News Digital over the weekend show she is keeping up a jailhouse fitness routine as she vies for her freedom. Jeffrey Epstein Madam Ghislaine Maxwell's Former London Townhouse, Linked To Prince Andrew Photo, For Sale Epstein's plea deal came from a controversial child trafficking case in the early 2000s, details of which did not emerge for more than a decade. He received a punishment of 13 months for soliciting prostitution from a minor in Palm Beach, Florida. The deal gained intense scrutiny years later after the Miami Herald uncovered details about the crime – so concerning that Florida lawmakers years later passed a bill that allows for the release of secret grand jury files in certain cases. Watch On Fox Nation: The Final Hours Of Jeffrey Epstein Authorities arrested him in 2019 to answer for more crimes – but he died in a New York City jail just a month later, in what was officially ruled a suicide by hanging. The following summer, the FBI arrested Maxwell in the New Hampshire hideout. Her former London townhouse also went up for sale recently – for nearly $4 million. It's in the UK city's upscale Belgravia neighborhood, across the street from the Nag's Head Pub and near the upscale Pantechnicon complex. In a U.S. lawsuit, Epstein accuser Virginia Giuffre alleged she met the British Prince Andrew at a London nightclub called Tramp before he forced her to have sex inside the home. She died of suicide earlier this article source: Jeffrey Epstein accomplice Ghislaine Maxwell's secluded hideout hits the market

Associated Press
19 minutes ago
- Associated Press
Starbucks takes aim at remote work, says some employees may need to relocate to headquarters
Starbucks is requiring some remote workers to return to its headquarters and increasing the number of days that corporate employees are required to work in an office. In a letter to employees posted on Monday, Starbucks Chairman and CEO Brian Niccol said corporate employees would need to be in the office four days a week starting in early October instead of three days a week. The Seattle-based company said that all corporate 'people leaders' must be based in either Seattle or Toronto within 12 months. That is a change from February, when it required vice presidents to relocate to Seattle or Toronto. Starbucks said individual employees working under those leaders would not be asked to relocate. But the company said all hiring for future roles and lateral moves will require employees to be based in Seattle or Toronto. 'We are reestablishing our in-office culture because we do our best work when we're together. We share ideas more effectively, creatively solve hard problems, and move much faster,' Niccol wrote in the letter. Niccol said affected workers who choose not to relocate will be eligible for a one-time voluntary exit program with a cash payment. While many workers grew to enjoy working from home during the pandemic, the call for workers to return to offices full-time has been growing over the past year. Major employers such as Amazon, AT&T and the federal government have required employees to work in company sites five days per week. Competition for fully-remote jobs is fierce. Starbucks spokeswoman Lori Torgerson said she didn't have a count of employees who are currently working as 'people leaders' or are working remotely. Starbucks has 16,000 corporate support employees worldwide, but that includes coffee roasters and warehouse staff. Niccol was not required to relocate to Seattle when he was hired to lead Starbucks last August. Instead, the company said it would help him set up an office near his home in Newport Beach, California, and would give him the use of a corporate jet to commute to Seattle. Since then, Niccol has bought a home in Seattle and is frequently seen at the company's headquarters, Torgerson said. ___ AP Business Writer Cathy Bussewitz contributed from New York.
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Axon Enterprise (AXON): A Bull Case Theory
We came across a bullish thesis on Axon Enterprise on Compounding Your Wealth's Substack by Sergey. As of 9ᵗʰ July, Axon Enterprise's share was trading at $805.86. AXON's trailing and forward P/E were 196.07 and 129.98 respectively according to Yahoo Finance. A technician in a white coat testing an in-car system on a modern military vehicle. Axon Enterprise, a public safety technology company, has evolved from a conducted energy weapons manufacturer into a comprehensive public safety ecosystem provider. The company operates through two primary segments: Software and Sensors, and TASER devices. Axon's mission is to 'Protect Life' and aims to create a world where bullets are obsolete. With a strong brand recognition and a wide economic moat, Axon maintains a significant competitive advantage in the public safety technology market. The company's total addressable market has expanded to $129 billion in 2025, driven by AI integration, product innovation, and growth into new verticals. Axon's recent performance shows strong revenue growth, with a 31% YoY increase in Q1 2025. The company's Software & Services segment grew 39% YoY, driven by the adoption of AI-powered solutions and digital evidence management. Axon's connected devices revenue reached $341 million, up 26% YoY, driven by strong performance across TASER10, Axon Body4, and other products. The company's ARR (Annual Recurring Revenue) reached $1.104 billion, growing 34% YoY, and the retention rate remains high at 123%. Despite the strong growth, Axon's valuation appears high, with a Forward EV/Sales multiple of 21.81 and a Forward P/E of 125.0. However, the company's growth prospects, expanding total addressable market, and strong competitive advantages justify its premium valuation. Axon's innovative products, strategic acquisitions, and partnerships are expected to drive future growth. The company's commitment to innovation and its mission-driven approach are expected to sustain its long-term growth and create a significant impact in the public safety technology sector. Previously, we covered a on Axon Enterprise by Hidden Market Gems in June 2025, which highlighted strategically broadening its market presence by deeply integrating artificial intelligence (AI) across its suite of products. The company's stock price has appreciated by 7.5% roughly. Sergey's view shares a similar bullish stance but emphasizes different aspects of the company's growth potential. Axon Enterprise is not on our list of the 30 Most Popular Stocks Among Hedge Funds. As per our database, 61 hedge fund portfolios held AXON at the end of first quarter which was 64 in the previous quarter. While we acknowledge the risk and potential of AXON as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 8 Best Wide Moat Stocks to Buy Now and 30 Most Important AI Stocks According to Blackrock. Disclosure: None. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data