BARCELONA--(BUSINESS WIRE)--Jun 5, 2023--

Charlie Munger, who helped Warren Buffett build Berkshire Hathaway into an investment powerhouse, has died

WASHINGTON U.S. producer prices increased in July amid a rebound in the cost of services, but the trend

Hollywood writers and studios were due to meet for a third consecutive day of high-level talks Friday, raising the industry's hopes that an end to the costly 144-day Writers Guild...

By Dietrich Knauth NEW YORK The judge overseeing FTX's U.S. bankruptcy said Thursday that he would not defer

Pakistani police say gunmen have shot and killed a member of Pakistan’s minority Sikh community in an overnight attack in the northwestern city of Peshawar

Turkish President Recep Tayyip Erdogan turned away a challenger who sought to reverse his authoritarian-leaning changes, securing five more years to oversee the country at the crossroads of Europe and Asia that plays a key role in NATO. Erdogan prevailed by winning more than 52% of the vote in Sunday's presidential runoff, which came two weeks after he fell short of scoring an outright victory in the first round. A majority of Turkish voters in the second round chose him over challenger Kemal Kilicdaroglu, showing their support for a man who they see as a strong, proven leader. Voters were divided between loyalty to Erdogan, who has ruled for two decades, and hopes for the opposition candidate, who promised to return to democratic norms, adopt more conventional economic policies and improve ties with the West. With his immediate political future secure, Erdogan must now confront skyrocketing inflation that has fueled a cost-of-living crisis and rebuild in the aftermath of a devastating earthquake that killed more than 50,000 people. In two speeches — one in Istanbul and one in Ankara — Erdogan thanked the nation for entrusting him with the presidency again. “We hope to be worthy of your trust, as we have been for 21 years,” he told supporters on a campaign bus outside his home in Istanbul. He said the divisions of the election are over, but he continued to rail against his opponent. “The only winner today is Turkey,” Erdogan said outside the presidential palace in Ankara, promising to work hard for Turkey’s second century, which he called the “Turkish century.” The country marks its centennial this year. Supreme challenges lie ahead, starting with the economy that has taken a beating from what critics view as Erdogan’s unorthodox policies. He also must tend to massive rebuilding efforts in 11 provinces hit by the Feb. 6 earthquake that leveled entire cities. Kilicdaroglu said the election was “the most unjust ever,” with all state resources mobilized for Erdogan. “We will continue to be at the forefront of this struggle until real democracy comes to our country,” he said in Ankara. He thanked the more than 25 million people who voted for him and asked them to “remain upright.” The people have shown their will "to change an authoritarian government despite all the pressures,” Kilicdaroglu said. Supporters of Erdogan, a divisive populist and masterful orator, took to the streets to celebrate, waving Turkish or ruling party flags, honking car horns and chanting his name. Celebratory gunfire was heard in several Istanbul neighborhoods. His next term is certain to include more delicate maneuvering with fellow NATO members over the future of the alliance and the war in Ukraine. Leaders across the world sent their congratulations, highlighting Turkey and Erdogan’s enlarged role in global politics. Western politicians said they are ready to continue working with Erdogan despite years of sometimes tense relations. Most imminently, Turkey holds the cards for Sweden’s hopes to join NATO. The bid aims to strengthen the military alliance against Russia and is central to the continuity of a deal to allow Ukrainian grain shipments and avert a global food crisis. “No one can look down on our nation,” Erdogan said in Istanbul. Steven A. Cook, a senior fellow at the Washington-based Council on Foreign Relations, said Turkey was likely to “move the goal post” on Sweden’s membership in NATO as it seeks demands from the United States. He also said Erdogan, who has spoken about introducing a new constitution, was likely to make an even greater push to lock in changes adopted by his conservative and religious Justice and Development Party, or AKP. In his victory remarks, Erdogan said rebuilding the quake-struck cities would be his priority. He also said a million Syrian refugees would go back to Turkish-controlled “safe zones” in Syria as part of a resettlement project being run with Qatar. Erdogan has retained the backing of conservative voters who remain devoted to him for lifting Islam’s profile in Turkey, which was founded on secular principles, and raising the country’s influence in international politics. Erdogan’s rival was a soft-mannered former civil servant who has led the pro-secular Republican People’s Party, or CHP, since 2010. The opposition took months to unite behind Kilicdaroglu. He and his party have not won any elections in which Erdogan ran. In a frantic outreach effort to nationalist voters in the runoff, Kilicdaroglu vowed to send back refugees and ruled out peace negotiations with Kurdish militants if he was elected. Erdogan and pro-government media portrayed Kilicdaroglu, who received the backing of the country’s pro-Kurdish party, as colluding with “terrorists” and supporting what they described as “deviant” LGBTQ rights. In his victory speech, Erdogan repeated those themes, saying LGBTQ people cannot “infiltrate” his ruling party or its nationalist allies. In Ankara, Erdogan voter Hacer Yalcin said Turkey’s future was bright. “Of course Erdogan is the winner ... Who else? He has made everything for us," Yalcin said. “God blesses us!” Erdogan, a 69-year-old Muslim, is set to remain in power until 2028. He transformed the presidency from a largely ceremonial role to a powerful office through a narrowly won 2017 referendum that scrapped Turkey’s parliamentary system of governance. He was the first directly elected president in 2014 and won the 2018 election that ushered in the executive presidency. The first half of Erdogan’s tenure included reforms allowing the country to begin talks to join the European Union, as well as economic growth that lifted many out of poverty. But he later moved to suppress freedoms and the media and concentrated more power in his own hands, especially after a failed coup attempt that Turkey says was orchestrated by the U.S.-based Islamic cleric Fethullah Gulen. The cleric denies involvement. In the Kurdish-majority city of Diyarbakir, 37-year-old metalworker Ahmet Koyun said: “It is sad on behalf of our people that a government with such corruption, such stains, has come into power again. Mr. Kemal would have been great for our country, at least for a change of scene." But he said everyone must accept the results. ___ Bilginsoy reported from Istanbul. Bela Szandelszky in Ankara, Turkey; Mucahit Ceylan in Diyarbakir, Turkey; and Cinar Kiper in Bodrum, Turkey, contributed to this report. Read More Ukraine war’s heaviest fight rages in east - follow live Charity boss speaks out over ‘traumatic’ encounter with royal aide Analysis: Only Erdogan knows his plans for Turkey’s future. That is the problem AP News Digest 8:40 a.m. Erdogan declared winner of Turkey presidential run-off – extending his 20-year rule

By Andrea Shalal WASHINGTON The White House on Wednesday appealed to Congress to approve billions of additional dollars

Scientists have been peering into the depths of space, looking right back at the early days of the universe, and they’ve found something very interesting indeed. Researchers using the James Webb Space Telescope have come across a discovery that indicates some of the very earliest stars to ever form in the universe were staggering in scale, measuring 10,000 times bigger than the Sun. "Today, thanks to the data collected by the James-Webb Space Telescope, we believe we have found a first clue of the presence of these extraordinary stars," says astrophysicist Corinne Charbonnel of the University of Geneva in Switzerland, in research published in Astronomy & Astrophysics. These features are huge collections of between 100,000 and 1 million stars known as globular clusters, which all feature similar properties. Scientists estimate that they were all formed at the same time. Sign up to our free Indy100 weekly newsletter They’re remnants of the ancient universe and have been described by researchers as "fossils". The cores of these stars are much hotter than those we see in stars today, and scientists suggest it could be down to an excess of hydrogen burning at high temperatures. It’s thought that smaller stars collided with the supermassive stars and relished their energy. However, now most of these global clusters are approaching the very end of their life spans. "Globular clusters are between 10 and 13 billion years old, whereas the maximum lifespan of superstars is two million years," said Mark Gieles, previously at the University of Surrey but now at the University of Barcelona, back in 2018. "They therefore disappeared very early from the clusters that are currently observable. Only indirect traces remain." The researcher states: "If the supermassive star scenario can be firmed up by future studies, this would provide an important step for our understanding of globular clusters and for the formation of supermassive stars in general, with numerous important implications.” Have your say in our news democracy. Click the upvote icon at the top of the page to help raise this article through the indy100 rankings.

The Biden administration has told Israel that it must operate with far greater precision in southern Gaza if it renews a ground campaign aimed at eradicating the Hamas militant group

Ron Cephas Jones, who won two Emmys for his role on the NBC television series “This Is Us,” has died at age 66

By Luc Cohen NEW YORK (Reuters) -A Bahamas court on Tuesday temporarily barred the country's government from agreeing to let