Eight staff members of a backpacker hostel in Laos have been detained by local authorities as they investigate the deaths of six foreign tourists from suspected methanol poisoning, according to state-affiliated media in the Southeast Asian country. The deaths of two Australian teenagers, a British woman, an American man and two Danish women – and reports of others taken ill ...
On November 21, 2024, Citron Capital shorted MicroStrategy Inc. (MSTR). What made this confrontation particularly electrifying was the clash between two titans: Citron, a legendary short seller, and MicroStrategy, arguably the strongest stock of 2024. Why did Citron short MicroStrategy? Citron called its $91 billion valuation a reckless Bitcoin bubble. MSTR began buying Bitcoin in 2020; it currently owns 1.7% ...
Experts expect President-elect Donald Trump to take aim at federal agencies and Biden-era regulations after campaigning on deregulation of the administrative state. ‘The first thing is that on day one of [Trump’s] presidency, we’ll see a lot of executive orders, which will order agencies to review the administration regulations to determine whether they should be retained, amended or repealed,’ Robert ...
Kohl’s is getting a new CEO, its third since 2018. The off-mall department store’s current CEO Tom Kingsbury is stepping down effective Jan. 15. He will leave the position he held first on an interim basis starting in late 2022, and then permanently since early 2023. Michaels CEO Ashley Buchanan will take over the top job at Kohl’s as Kingsbury departs, ...
The new USA TODAY Sports men’s basketball coaches poll has no changes at the top of the poll. That will likely not be the case next week after the feast of holiday tournaments is concluded, but for now the top five is the same as last week. Kansas remains No. 1, picking up 25 of 31 first-place votes this week. ...
Uranium stocks have been supported by a variety of catalysts this year, including geopolitical tensions, the energy transition and national security concerns. The market is benefiting from more countries committing to building and expanding their nuclear energy supply. Investors are also recognizing the value in the reliable, clean electricity that uranium can produce. Positive market fundamentals pushed the spot uranium ...
Everyone loves a good discount and black Friday deals offer some of the best discounts. With the year ending and many merchants and service providers closing in on what has been an eventful year, several enticing Black Friday deals offers are already available, and many more are expected to go up in the coming weeks. For cryptocurrency investors on the ...
Hong Kong has become a center for money laundering and sanctions evasion under the tightening grip of Beijing, US lawmakers have warned, calling for a re-evaluation of America’s close business relationship with the Asian financial hub. In a letter to US Treasury Secretary Janet Yellen Monday, bipartisan leaders of the House Select Committee on China demanded greater scrutiny from Washington ...
It’s a short trading week, and the stock market is rallying. It’s clear that Wall Street liked President-elect Donald Trump’s choice of Scott Bessent for Treasury Secretary. The broader stock market indexes closed higher, with the Dow Jones Industrial Average ($INDU) closing at a new record. The S&P 500 ($SPX) tried to meet its all-time high, but didn’t. The Nasdaq ...
Donald Trump was in the room with JD Vance, Stephen Miller and other top advisers after calling senators to try to salvage the sinking nomination of Matt Gaetz. He wasn’t having any luck. ‘I’m using a lot of my political capital,’ the president-elect told his inner circle. He could only spend so much of it, he explained. Trump had picked ...
A federal judge said Monday he may hold an evidentiary hearing next month to help determine whether to approve the sale of conspiracy theorist Alex Jones’ media company to satirical publication The Onion. Bankruptcy Judge Christopher Lopez in Houston clarified the sale, which comes after a Nov. 13 auction, remains in limbo until such a hearing, when interested parties can ...
Coach Deion Sanders and the Colorado Buffaloes still have a narrow path to get into the Big 12 Conference championship game after dropping into a four-way tie for first place with BYU, Arizona State and Iowa State. There are two clear ways for them to get in with one game left in the regular season, as confirmed by the Big ...