Author: usaeverydaylife

Few in the sport have experienced the rapid evolution of American hockey as up close and personally as Mike Modano.Growing up just outside Detroit, Modano was a minor hockey star. He spent his junior years in the WHL in Prince Albert, Sask., which was at that time the highest level available to American teenagers.Picked first in the 1988 NHL Draft, Modano played four years with the Minnesota North Stars before relocation in 1993-94 led him to Dallas. There, he led the Stars to the first-ever Stanley Cup title for a team from the U.S. Sunbelt.Modano saw how hockey quickly exploded…

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At least six people were killed and 25 others injured on Friday in a fire at a construction site for a luxury hotel in Busan, a port city in southeastern South Korea, fire officials said.Fire officials received the first report around 10:50 a.m. local time of a fire, which apparently broke out in the swimming pool area on the ground floor of the 12-story building, said Hong Moon-sik, the fire chief for Gijang County. Fire officials said the hotel is a Banyan Tree resort.The fire spread quickly, and dark smoke billowed from the building by the time rescuers arrived, Chief…

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Stocks may be volatile, but income investors can at least count on some relative calm from their municipal bonds: States’ financials are looking strong – albeit some more so than others, according to research from Morgan Stanley Investment Management. The Wall Street bank recently issued a report titled “State of the States: How Do They Rank?,” categorizing the 50 states and Puerto Rico based on their financial strength. In all, the credit outlook is stable for most states, according to Morgan Stanley, with rainy day fund balances at all-time highs. Generally, municipal bonds come with a lower default risk compared…

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The emergence of cheaper and more efficient AI models off the back of China’s DeepSeek could reshape demand for data centers, boosting a sector that investors were already heavily betting would continue to boom.For years now, analysts have forecast exponential growth in data centers — the critical infrastructure required for powering the world’s digital transition and the training of large language models (LLMs).China’s startup DeepSeek AI model sent investors in jitters in late January, as the launch of its R1 model raised questions about U.S. dominance in the AI sector and whether the developer’s efficiency gains could dent demand for…

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If Jim Tressel runs for governor of Ohio, it will come up.And he might run. Tressel, 72, the former Ohio State football coach whose 2002 Buckeyes won a national championship, whose teams were 9-1 against rival Michigan, and who served as president of Youngstown State University from 2014 to 2023, was easily approved Wednesday to be lieutenant governor to Ohio Gov. Mike DeWine. And in an interview with The Athletic, he stopped well short of ruling out a run to succeed DeWine, a Republican whose second term stretches through 2026.As he explained his thinking about a gubernatorial run, Tressel recalled…

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NATO Secretary General Mark Rutte, U.S. Defense Secretary Pete Hegseth, Britain’s Defence Secretary John Healey and Turkey’s ambassador to NATO Zeki Levent Gumrukcu take part in a family photo during a NATO Defence Ministers meeting at the Alliance’s headquarters in Brussels, Belgium February 13, 2025. Yves Herman | ReutersAs the world’s defense and security elite gathers for the Munich Security Conference, the future of Ukraine, peace talks with Russia and reshaping Europe’s security and defense architecture will be at the fore of discussions.Top U.S. officials, including Vice President JD Vance, Secretary of State Marco Rubio and Special Envoy for Ukraine and…

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Things continue to look up for GE Healthcare stock this year. Shares of the medical technology company jumped roughly 9% on Thursday after delivering solid fourth-quarter results and providing prudent 2025 guidance. While the Club stock left much to be desired in 2024, these numbers boosted shares that were already bouncing off their most recent lows set in mid-December. Revenue in the three months ended Dec. 31 rose 2% year over year to $5.32 billion, just shy of the $5.33 billion consensus, according to LSEG. Adjusted earnings per share (EPS) totaled $1.45, well ahead of the $1.26 estimate, LSEG data…

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U.S. President Donald Trump sits in the Oval Office of the White House in Washington on Feb. 13, 2025.Kevin Lamarque | ReutersDefense stocks dropped sharply Thursday afternoon after President Donald Trump suggested the U.S. could massively cut defense spending.Trump said Thursday at the White House the U.S. could cut defense spending in half at some point in the future. The comments came in the context of Trump discussing a potential conference on defense spending with China and Russia.”At some point, when things settle down, I’m going to meet with China and I’m going to meet with Russia, in particular those…

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