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Authorities in Oakland, California, said they have taken a suspect into custody in connection with the shooting of longtime football coach and athletic director John Beam on the campus of Laney College. The Oakland Police Department announced the arrest on Friday, one day after the incident, but did not immediately provide the name of the […]
UK-based leasing specialist Octopus Electric Vehicles has secured an additional £500 million ($657.8 million) in funding from a syndicate of lenders that includes Morgan Stanley, Lloyds Banking Group and Crédit Agricole. The new commitment lifts the company’s aggregate credit facility to £2 billion, according to people familiar with the transaction. Sky News first reported the […]
Walmart Inc. disclosed on Friday that Chief Executive Officer Doug McMillon will leave the position on January 31, 2026, ending a 12-year tenure marked by rapid digital expansion and broad investments in employee programs. John Furner, currently president and chief executive of Walmart U.S., is set to assume the top post on February 1, 2026. The announcement, […]
Walmart Inc. announced that Chief Executive Officer Doug McMillon will step down on January 31 of next year, concluding almost 12 years at the helm of the world’s largest retailer. The company detailed the transition in a regulatory filing released on Friday. John Furner, currently president and CEO of Walmart U.S., is slated to assume the chief […]
Jeffrey Epstein, already a registered sex offender, continued to cultivate high-level political contacts in 2018 by offering guidance on how influential figures should engage with President Donald Trump, according to correspondence released this week by the House Oversight Committee. The newly public emails portray Epstein positioning himself as a conduit to the White House and […]
NEW YORK—Major U.S. equity benchmarks recorded one of their steepest single-day losses since April on Thursday, pressured by renewed weakness in high-profile artificial-intelligence shares and waning expectations for further interest-rate reductions by the Federal Reserve. Indexes retreat from recent records The S&P 500 fell 1.7%, its worst performance in a month and the second-worst since the […]
The U.S. Supreme Court is weighing for the first time whether individual prison employees may be held financially liable for violating an inmate’s religious rights, a dispute that centers on a Louisiana Rastafarian whose decades-old dreadlocks were shorn against his wishes. The justices heard oral arguments this week in the case of Damon Landor v. […]
Borrowing costs for the United Kingdom climbed on Friday as investors reacted to reports that Finance Minister Rachel Reeves may abandon a previously signaled increase in income tax rates. The sudden shift in expectations sent government bond yields higher and pushed domestic equities lower, underscoring market sensitivity ahead of the Autumn Budget scheduled for 26 […]
A newly enacted federal spending package includes a clause that sharply limits the amount of tetrahydrocannabinol (THC) permitted in retail goods, placing the fast-growing market for hemp-derived gummies, beverages, vapes and topical treatments at risk. Signed by President Donald Trump on November 13, 2025, the legislation bars the sale of any product that contains more […]
The U.S. dollar gained ground on Wednesday, lifted by Federal Reserve commentary and a weaker Japanese yen, while traders monitored Capitol Hill for signs that lawmakers would avert a partial government shutdown. The ICE U.S. Dollar Index ticked up 0.06%, extending a cautious advance that began in early trading. Fed message supports greenback Atlanta Federal […]
Former ABC News senior correspondent Jim Avila has died, the network disclosed in a video segment distributed through its ABC News Live streaming platform. The brief announcement, posted alongside the channel’s regular lineup, confirmed only his passing and his prior role at the organization. No additional details on the date, location or cause of death […]
Tokyo — SoftBank Group shares fell sharply on Friday, extending a multi-day decline that began after the company confirmed the complete sale of its Nvidia holdings for $5.83 billion. The stock was down nearly 9% during early trading before trimming losses to about 5% by 9 p.m. ET. Friday’s drop marks the third straight session […]