Scrutiny is intensifying over the safety arrangements at a Swiss bar that burst into flames during a New Year’s Eve party, killing at least 40, as prosecutors said the blaze likely began when sparkling candles were held too close to a ceiling. Witnesses reported seeing staff at the Le Constellation bar carrying so-called fountain candles […]
Scrutiny turns to safety set-up of Swiss bar after deadly blaze Read More »
Canada’s transport regulator has asked Air India to investigate an incident of a pilot who was removed from a plane before it was due to take off and found to be under the influence of alcohol, a person familiar with the matter said. Two breathalyser tests conducted by Canadian police at Vancouver International Airport showed
Fire at Fuerte Tiuna, Venezuela’s largest military complex, is seen from a distance after a series of explosions in Caracas on Jan. 3, 2026. Str | Afp | Getty Images U.S. President Donald Trump said Saturday the United States conducted a large-scale strike in Venezuela that resulted in the capture and removal of Venezuelan President
Trump says U.S. operation captured Venezuela’s president Nicolas Maduro Read More »
WASHINGTON — The Federal Reserve on Tuesday released minutes from its highly divisive meeting earlier this month, which concluded with a vote to lower interest rates again that appeared to be an even closer call than the final vote indicated. Officials expressed a variety of opinions during the Dec. 9-10 meeting, according to the summary
Fed minutes December 2025 Read More »
California Democrat Rep. Ro Khanna says he has a solution for Silicon Valley elites angered by his embrace of a wealth tax: Tackling fraud. Over the weekend, Khanna came under fire from some donors and allies in the tech industry after he endorsed a wealth tax. Labor groups in California are trying to add a
Ro Khanna calls for fraud probe after California wealth tax firestorm Read More »
Key Points Europe’s banking sector has flourished in 2025, with lenders notching their strongest annual showing since 1997. Now, after a strong third-quarter earnings season, banks must decide how and where to put their “significant” excess capital to work in 2026. Strategists see the sector as a strong diversification play for investors in 2026. European
The big question facing Europe’s banks in 2026 following strong year Read More »
On Dec. 8, Federal prosecutors in Texas unsealed documents that revealed an investigation into a massive smuggling network that stretched across the U.S. and the world. Dubbed “Operation Gatekeeper” by the feds, the investigation wasn’t focused on drug smuggling or stolen goods but rather an alleged secret, underground network of suppliers for Nvidia‘s graphic processing
$160 million export-controlled Nvidia GPUs allegedly smuggled to China Read More »
Michael Burry attends the New York premiere of “The Big Short” at the Ziegfeld Theater in New York City on Nov. 23, 2015. Jim Spellman | WireImage | Getty Images Renowned investor Michael Burry on Wednesday said he is not currently shorting Tesla shares after calling the electric vehicle maker “ridiculously overvalued.” In a social
‘Big Short’ investor Michael Burry denies shorting Tesla stock Read More »
President Donald Trump issued the first vetoes of his second term Tuesday, blocking bills that would support a pair of bipartisan infrastructure projects in Colorado and Florida. Trump’s veto of the Colorado bill, the Finish the Arkansas Valley Conduit Act, which Congress unanimously approved earlier in December, enraged the state’s lawmakers. The bill would reduce
Trump’s first vetoes hit bipartisan infrastructure projects Read More »
Congressional Republicans on Wednesday called Minnesota Gov. Tim Walz to testify amid an ongoing social services fraud scandal, as the White House signaled it could expand its investigations into other blue states. A day after the Trump administration said it would freeze hundreds of millions of dollars of child-care funds to Minnesota, House Oversight and
Congressional Republicans call on Minnesota’s Tim Walz to testify Read More »
