Asia Stocks Set for Mixed Open as Bond Yields Rise: Markets Wrap
Asian stocks were set for a mixed open after US equities struggled for direction throughout most of the
2023-06-23 07:26
Euro zone inflation unexpectedly steady in August but core drops
FRANKFURT Euro zone inflation held steady this month but underlying price growth fell as expected, a mixed picture
2023-08-31 18:46
Ten-hut Time Machine? West Point to open time capsule possibly left by cadets in the 1820s
The contents of a long-forgotten time capsule recently discovered inside the base of a monument at West Point and believed to have been left by cadets in the late 1820s are set to be revealed
2023-08-27 12:51
49ers QB Brock Purdy resumes throwing program
San Francisco quarterback Brock Purdy has officially resumed his throwing program as he tries to return from offseason elbow surgery in time for the season opener
2023-06-01 08:50
F1 Spanish Grand Prix LIVE: Practice updates and results from FP2
The Formula 1 roadshow reaches Barcelona after Red Bull’s Max Verstappen survived a mid-race downpour to win the Monaco Grand Prix ahead of Aston Martin’s Fernando Alonso last weekend. The Dutchman now leads Red Bull teammate Sergio Perez in the drivers’ championship by 39 points after the Mexican had a disastrous, point-less weekend. Fernando Alonso came second in Monaco and will be eyeing a 33rd F1 victory - and his first for 10 years - at his home race as the paddock takes to the Circuit de Barcelona-Catalunya for the Spanish Grand Prix. The Mercedes duo of Lewis Hamilton and George Russell will be eyeing an improved weekend too in their revamped cars after Hamilton admitted the changes ‘were not the step forward’ they’d been hoping for in Monaco. Follow all the action from Barcelona as the teams go through their practice runs: Read More Lewis Hamilton declares Mercedes car upgrade ‘definitely not the step forward we hoped for’ Fernando Alonso eyes statement home victory, a decade on from his last triumph Monaco showed mesmeric Max Verstappen only has one obstacle to title – and it’s not Sergio Perez
2023-06-03 00:20
Jimmy Carter admirers across generations celebrate the former president's 99th birthday
Jimmy Carter was celebrated Saturday at his presidential library and museum in Atlanta ahead of his 99th birthday on Sunday
2023-10-01 04:58
Elon Musk’s X ordered to pay over $1m in legal fees for laid off Twitter execs
Elon Musk’s X has been ordered by a judge to pay $1.1m in legal fees to its laid off former executives. Since Mr Musk’s takeover of X, the company formerly known as Twitter, the multibillionaire and X have faced a number of lawsuits. These include suits over the firm’s failure to pay its vendors and delays in paying rent for its office premises, as well as former employees suing Twitter alleging they were laid off without adequate notice. On Tuesday, Delaware Chancery Court judge Kathaleen St J McCormick ruled in favour of the company’s ex-chief Parag Agrawal and said X must pay $1.1m in legal fees linked with probes of the platform during Mr Musk’s 2022 takeover, Bloomberg first reported. After buying out the microblogging platform in November last year, the Tesla titan fired Mr Agrawal and Twitter’s then-lead policy officer Vijaya Gadde as well as a number of other executives. Mr Agrawal and Ms Gadde then sued Twitter/X for failing to pay for their legal bills, including for the latter’s appearance before the House Committee on Oversight and Reform. The lawsuit filing alleged the company paid only about $600,000 of what it owes, withholding $1.1m in fees for its lawyers’ work representing the former executives in an inquiry on the role played by social media on US elections. The filing alleged Twitter/X “breached the agreements and contravened the bylaws” by not paying the former staff. The latest ruling by the Delaware court judge observed that X “violated its duties to cover legal expenses generated by their work for the company”. While acknowledging that $1.1m is a lot of money, the judge still ruled in favour of the former Twitter executives. “I have reviewed the amount in question, and although it is high and probably higher than most humans would like to pay, it’s not unreasonable,” judge McCormick was quoted as saying by Bloomberg. X did not immediately respond to The Independent’s request for comment. The company is also being sued over its rebrand to X by an ad agency also named X, alleging the social media platform’s new name violates Florida common law because of “unfair competition and trademark and service mark infringement”. Read More Elon Musk’s mockery of Ukraine president Volodymyr Zelensky ‘unhelpful’ Elon Musk’s X Corp sued by another social network company named X ‘Reckless’ Elon Musk hit with $1m lawsuit for accusing student of being in Proud Boys ‘false flag’ attack Elon Musk’s X Corp sued by another social network company named X Elon Musk to live stream himself gaming on X in ‘everything app’ bid Musk confirms he is cutting election integrity staff from X/Twitter ahead of 2024
2023-10-04 12:58
LSU's Angel Reese a no-show for Tigers tilt at Southeastern Louisiana
LSU All-America forward Angel Reese is not with the Tigers for their game at Southeastern Louisiana
2023-11-18 10:54
Hollywood edges closer to actors strike as talks sour
Tens of thousands of Hollywood actors on Wednesday anxiously awaited their union's decision on whether to strike, as last-ditch talks with the likes of Disney and Netflix appeared to sour...
2023-07-13 08:51
Biden to highlight climate commitments during West Coast swing
President Joe Biden will highlight climate commitments made by his administration and announce new federal funding for climate resilience projects as part of a three-day trip to the Bay Area in Northern California that begins Monday, according to a White House official.
2023-06-19 05:20
UBS terminates loss protection agreement with Swiss government
ZURICH UBS will not need to tap the Swiss government's 9 billion Swiss franc ($10.27 billion) backstop agreed
2023-08-11 13:25
What a doctor's death in a lift tells us about Africa's debt crisis
Nigeria spends twice as much on debt repayments than on health and education combined, a report says.
2023-09-01 09:16
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