Adnan Rasheed
Raul Malo, the acclaimed tenor and frontman of the Grammy winning band The Mavericks, has died at age sixty after a widely shared battle with cancer. His wife, Betty Malo, announced the Raul Malo death late Monday on his official Facebook page, saying he had been undergoing treatment for colon cancer and later leptomeningeal disease. … Read more
A Florida ticket holder is starting the week with a major windfall after state lottery officials confirmed that a $1 million prize was won in Monday night’s drawing, even as the Powerball jackpot surged to an estimated $930 million for Wednesday. No ticket matched all six numbers, allowing the growing pot to edge closer to … Read more
Google is facing a new EU antitrust investigation into how it uses online content to train and deploy its artificial intelligence systems, the European Commission said Tuesday, escalating the bloc’s efforts to regulate US technology giants. Regulators are examining whether Google relied on material from web publishers and YouTube creators without offering fair terms, compensation … Read more
A Virginia startup has asked the US Patent and Trademark Office to cancel trademarks for Twitter, arguing that billionaire Elon Musk’s X Corp has abandoned them. Operation Bluebird, a fledgling social media company, seeks to acquire the rights to “Twitter” and “tweet” for a new platform called “twitter.new.” The petition, filed December 2, contends that … Read more
A fierce Hollywood power tussle erupted this week as Paramount Skydance launched a hostile bid valued at $108.4 billion for Warner Bros Discovery, challenging a competing proposal from Netflix and raising new questions about the future direction of one of Hollywood’s oldest studios. The competing offers mark the company’s fourth major restructuring since 2000 and … Read more
WASHINGTON — As enhanced Obamacare subsidies approach their year end expiration, two senior Senate Republicans unveiled legislation Monday that would replace the existing assistance with government funded health savings accounts, sharpening the divide between Democratic and Republican approaches to health coverage. The proposal, led by Sen. Bill Cassidy of Louisiana and Sen. Mike Crapo of … Read more
Alina Habba resigned Monday as US attorney in New Jersey after a federal appeals court ruled that her extended interim appointment violated the law, ending a turbulent nine month tenure marked by political controversy, courtroom challenges and questions over presidential authority. The Alina Habba resignation immediately reshaped leadership inside one of the Justice Department’s busiest … Read more
WASHINGTON — Supreme Court conservatives appeared ready Monday to uphold former President Donald Trump’s decision to remove a Federal Trade Commission member. A move that could dramatically expand presidential authority and weaken a landmark precedent that has shaped the administrative state for nearly ninety years. The justices spent more than two hours examining whether Trump … Read more
BlackRock is sharpening its focus on the companies powering the backbone of artificial intelligence infrastructure, arguing that the wave of capital pouring into the sector is unlikely to slow anytime soon. In a new assessment of global markets, the firm said rapid spending by tech giants is driving what it views as one of the … Read more
The dollar eased Monday as global investors positioned for a pivotal week dominated by the highly anticipated Fed interest rate decision, a move widely expected to deliver a cut paired with unusually firm guidance. Currency markets have drifted lower for three straight weeks, yet traders continue to rebuild bullish bets ahead of the central bank’s … Read more
