Chimneys stand among the rubble after the passage of the Palisades Fire in Pacific Palisades, California, on Jan. 8, 2025.Agustin Paullier | AFP | Getty ImagesFederal authorities announced Wednesday that they have arrested and charged a Florida man with maliciously starting the deadly Palisades Fire, one of the most destructive blazes in Los Angeles history.Jonathan Rinderknecht, 29, is charged with destruction of property by means of fire, according to a release from the U.S. Attorney’s Office in Los Angeles, which is prosecuting him.Right after allegedly igniting the inferno early New Year’s Day, Rinderknecht “listened to a rap song, which has…
Author: usaeverydaylife
European stocks are set to open in negative territory on Thursday with all eyes on France after President Emmanuel Macron’s office said he will pick a new PM. Source link
BVNK co-founders (L to R) Donald Jackson, Jesse Hemson-Struthers and Chris Harmes, at the company’s San Francisco Office.BVNKCiti has invested in stablecoin infrastructure company BVNK, the startup told CNBC on Thursday, as big U.S. banks ramp up their presence in the cryptocurrency and digital asset space.Stablecoins are a type of digital asset pegged to a fiat currency and backed by real-world assets like bonds. The two biggest are USDC and Tether, which issues USDT.BVNK’s core technology is effectively a payments rail to facilitate transactions in stablecoins globally, allowing customers to move money from fiat into the cryptocurrency and back.The company…
Two HSBC bank logos are displayed on an office building in Mexico City, Mexico, July 25, 2025. Henry Romero | ReutersHang Seng Bank shares jumped 29.5% Thursday after parent HSBC announced plans to take it private, valuing the lender at more than 290 billion Hong Kong dollars (over $37 billion).HSBC, Europe’s largest lender, has asked Hang Seng Bank’s board to put forward a privatization proposal to shareholders via a scheme of arrangement under Hong Kong’s Companies Ordinance.Shares in Hang Seng Bank would be canceled in exchange for 155 Hong Kong dollars apiece, roughly 33% above Hang Seng’s average share price…
Check out the companies making headlines in premarket trading: Joby Aviation — Shares of the electric air taxi maker plunged 11% after the company announced the pricing of a previously announced stock offering. Joby will sell 30,500,000 common shares for $16.85 each, translating to gross proceeds of around $513.9 million. AST SpaceMobile — Shares surged 11% after the company announced a deal with Verizon to provide its customers with cell service from space starting in 2026. Verizon shares added 0.7%. Trilogy Metals — U.S.-listed shares of the Canadian minerals explorer jumped 8%, a day after surging more than 200% on…
The stock market may have just hit another record high , but JPMorgan thinks betting against publicly traded companies such as Shake Shack and Snap could boost investor portfolios into the end of the year. U.S. stocks climbed Wednesday as investors awaited the release of minutes from the Federal Open Market Committee’s September meeting. The S & P 500 was trading 0.6% higher on the day, while the tech-heavy Nasdaq Composite shot up nearly 1%. The Dow Jones Industrial Average rose 0.17% in intraday trading, reversing its losses from the previous day . Still, several short-selling opportunities abound for investors,…
In this pool photograph distributed by the Russian state agency Sputnik, Russia’s President Vladimir Putin attends a flag-raising ceremony for the latest Project 955A (Borey-A) strategic nuclear-powered submarine Knyaz Pozharsky in Severodvinsk on July 24, 2025.Alexander Kazakov | Afp | Getty ImagesEurope has to confront the reality of the “hybrid warfare” being waged against it, according to European Commission President Ursula von der Leyen, telling EU lawmakers that a series of incidents was “not random harassment” but part of a concerted campaign to unsettle and weaken the bloc.Recent drone and airspace incursions, cyberattacks and election interference were just a few…
U.S. President Donald Trump, with U.S. Attorney General Pam Bondi, and U.S. Homeland Security Secretary Kristi Noem, participates in a roundtable on “Antifa,” an anti-fascist movement he designated a domestic “terrorist organization” via executive order on September 22, at the White House in Washington, D.C., Oct. 8, 2025.Evelyn Hockstein | ReutersPresident Donald Trump said on Wednesday he may travel to Egypt this weekend as his negotiators seek to seal a Gaza hostages-for-ceasefire deal.Trump said at the White House that a deal is “very close,” and that he may depart Saturday for the region. He spoke after talking to his team…
Mergers-and-acquisitions activity globally is roaring back to life, with several megadeals in the third quarter building on momentum from earlier this year. When Donald Trump returned to the White House, markets expected a deregulatory wave and tax-friendly environment to spark a dealmaking surge. However, recession fears, geopolitical flashpoints and tariffs concerns kept boardrooms a bit cautious. Now, they appear to have put aside those worries for good, leading to a sharp surge in M & As, buoyed by rate-cut expectations and elevated levels of private-equity “dry powder.” According to data provided by financial markets platform Dealogic, the third-quarter saw a…
Michael Intrator, co-founder and CEO of CoreWeave participates in an interview on the floor of the New York Stock Exchange in New York on Sept. 22, 2025.Michael Nagle | Bloomberg | Getty ImagesCoreWeave shares rose 8.7% Wednesday as the artificial intelligence cloud provider announced new tools to help programmers develop AI agents.With the new serverless reinforcement learning service, there’s no need to worry about adding or removing computing power, because it happens automatically.Tests indicated that when developers use CoreWeave’s new service, they can train models faster with 40% lower costs in comparison with running Nvidia H100 graphics processing units locally,…
