The CEO of the nonprofit managing the Alamo has resigned after a powerful Republican state official criticized her and suggested she has views that are not compatible with the Texas shrine's history. Kate Rogers said in a statement Friday that she had stepped down the day before as president and CEO of the Alamo Trust. She resigned after Texas Lt. Gov. Dan Patrick posted a portion of a 2023 academic paper Rogers wrote on X. In it, she questioned the Legislature's agenda on education and suggested that she wanted the historic site to have a broader focus. A local official decried what he called Patrick's “gross political interference.”
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AP Wire
U.S. indexes bounced between gains and losses and wound up mixed on Wall Street as trade tensions continued to simmer between Washington and Beijing. The S&P 500 gave up an afternoon gain and closed 0.2% lower Tuesday. The index was weighed down by drops in several tech heavyweights including Nvidia and Broadcom even as most stocks rose. The Dow Jones Industrial Average climbed 0.4%, and the Nasdaq composite dropped 0.8%. China says it's banning dealings by Chinese companies with five subsidiaries of South Korean shipbuilder Hanwha Ocean, swiping at President Donald Trump’s efforts to rebuild the industry in America.
AP Wire
Wall Street ticked higher as technology stocks recovered some of their losses from last week. The S&P 500 added 0.3% Monday. The Dow Jones Industrial Average rose 0.1%, and the Nasdaq composite climbed 0.5%. All three are near their all-time highs set a week ago. Modest gains for Amazon and other Big Tech stocks helped lift the market. They offset losses for oil companies, which dropped as crude prices slumped. This week’s highlight for Wall Street is scheduled for Friday, when the latest monthly update on the job market is due. The hope is for modest numbers that keep the Federal Reserve on track to cut interest rates.