[NFA] Geoffrey Berman, the top federal prosecutor in Manhattan who was ousted last month as his office led a probe into President Donald Trump's personal attorney Rudolph Giuliani, told lawmakers on Thursday that U.S. Attorney General William Barr had pressured him to resign. Colette Luke has more.
Former President Barack Obama said on Friday he worries about protecting the integrity of November's election in view of efforts by President Donald Trump to "kneecap" the U.S. Postal Service to limit Americans voting by mail during the pandemic. This report produced by Chris Dignam.
Michael Novogratz told Bloomberg the price of gold could certainly get up to $3,000. The Galaxy Digital CEO and co-founder said the next Fed meeting could be changing things. He said the meeting could be the "juice that accelerates gold and bitcoin." He said investors should be careful in the space, according to Business Insider. The Galaxy Digital CEO and co-founder emphasized that predicting a new high for gold is difficult. This is because it's already reached its record.
The shingles virus is painful. Business Insider revealed the stages of the illness. Stage 1: Tingling pain or numbness. Stage 2: Burning feeling and red rash. Symptoms include headache, fever and upset stomach. Stage 3: Blistering. Stage 4: The blisters crust over.
On Friday, Bank of America upgraded Tesla to "neutral" from "underperform." It raised its price target to $1,750 from $800. The firm's new price target implies an 8% upside for Tesla shares over the next year. Business Insider reports that shares of Tesla ticked up as much as 4% on Friday. Morgan Stanley also boosted its price target and rating on the automaker.
Corvette is the longest-running sports car in America. The 2020 Corvette marks a big departure from Corvette design with its mid-engine layout. Kirk Bennion, the design manager for the new Corvette, talked to Business Insider about how the 2020 Corvette was designed. Bennion says the mid-engine layout is "really good from a performance standpoint." He said the change allowed them to move the driver and occupant forward16 1/2 inches.
On Tuesday, Tesla announced it will enact a five-for-one stock split on its shares at the end of August. The company has rallied since the announcement. On Wednesday, shares of the automaker jumped 13%. The stock climbed as much as 4% Thursday. The stock split doesn't change anything about the company fundamentally. Business Insider reports the split will appeal to smaller investors.