Alibaba Group Holding Ltd. is set to lose its position as China’s most valuable e-commerce firm to eight-year-old

Ulf Kristersson says "everything is on the table" after three people are killed in 12 hours.

Former Vice President Mike Pence on Wednesday released an economic proposal to tackle high inflation that includes cutting government programs, the Environmental Protection Agency and President Joe Biden's incentives aimed at curbing impacts of climate change.

A stargazer who thought he’d made the discovery of a lifetime was brought down to Earth with a bump when a crater apparently left by a meteorite was revealed to be nothing more than a hole dug by beach-goers. Astrophysics enthusiast Dave Kennedy was over the moon when the hole, several feet wide and deep, appeared in north Dublin. He felt sure that a small, black, heavy rock found at the bottom of the hole was an asteroid from outer space, and contacted various astronomy experts in an effort to confirm his theory. He said a scorch mark on one side of the rock showed the angle at which it had fallen. “Only a month ago, I was watching a documentary from Nasa on exactly what we’re looking at so when I looked at it and saw how uniform it is, and the vast crater, I knew immediately I was looking at an impact site,” he said. Visitors to the Portmarnock beach gathered to inspect the crater. One said: “We’re down here quite a lot and never seen anything like this before, so it’s pretty spectacular.” However, Mr Kennedy’s optimism was short-lived. Within a day of his appearance on Virgin Media News, a “context note” on X (formerly Twitter) compiled from user information read: “It is in fact not a cosmic event - instead it was dug out the day before by 2 lads with a beach spade.” Footage on social media posted by friends of the young men showed them sitting in the hole, digging it out with children’s spades, and was captioned: “The hole we dug on Saturday”. Although the astronomy enthusiast was widely mocked, he said he would still have the rock analysed in the hope it wasn’t a “completely fruitless discovery”, Virgin Media News reported. Research on the chances of asteroids hitting Earth has focused on much larger rocks. Astronomers say Earth probably will not be struck by an object 1km wide (0.6 miles) for at least 1,000 years – but they have not ruled out smaller meteorites landing before then. Read More 4.6 billion-year-old meteorite sheds light on early solar system – study Best beach stays in the UK and Ireland for a peaceful break in 2023 Ukraine war: Kyiv ‘is pushing Russia back’, UK’s most senior military officer says War-blinded Ukrainian soldier cries with joy at new love at his wedding Ukraine ‘holds initiative’ in counteroffensive against Russia, says UK military chief

A 17-year-old boy from Honduras died this week in U.S. immigration custody

Toyota executives have fielded challenges and reaped praise from investors at an annual general meeting where shareholders ultimately rejected demands the automaker do better on fighting climate change

Lexi Thompson is holding her own on the PGA Tour

Thirteen coal companies owned by the family of West Virginia Gov. Jim Justice are being sued over unpaid penalties for previous mining law violations

The move comes as fears grow over problems in the world's second largest economy.

Binace, the world’s largest cryptocurrency exchange, will pay over $4bn to US officials after admitting to unlicensed money transfers, sanctions violations, and willfully failing to institute anti-money laundering protections, federal officials announced on Tuesday. The oversights allowed trading with sanctioned nations like Iran, Cuba, and Syria, and failed to institute systems to report suspicious potential transactions with terror groups, according to the Treasury Department. “Binance was allowing illicit actors to transact freely, supporting activities from child sexual abuse to illegal narcotics to terrorism,” Treasury Secretary Janet Yellensaid on Tuesday. Changpeng Zhao, the founder of and CEO of Binance, is also stepping down, and will pay a $50m fine after pleading guilty to related charges. He could face up to 18 months in prison. “I made mistakes, and I must take responsibility,” the executive wrote on X. “This is best for our community, for Binance, and for myself.” Federal officials described a wide-ranging set of problems at the crypto exchange, which at times handled two-thirds of global crypto trades. “It willfully enabled hundreds of millions of dollars in transactions between American users and users subject to US sanctions,” US Attorney General Merrick Garland said in remarks on Tuesday. “And its platform accommodated criminals across the world who used Binance to move their stolen funds and other criminal proceeds. “Binance prioritized its profits over the safety of the American people.” The massive penalty, one of the largest in US financial regulation history, will also go towards resolving inquiries from the Commodity Futures Trading Commission, the Department of the Treasury’s Financial Crimes Enforcement Network (FinCen), and the Office of Foreign Assets Control. On multiple occasions, Binance leadership intentionally took steps that allowed dangerous and illegal transactions to take place, according to the Justice Department. Binance knew it served US customers, meaning it had to register with FinCen and implement anti-money laundering controls, but “chose not to comply,” per the DOJ. Rather than set up these protections, the company created a separate Binance.US platform in 2019, while seeking to encourage VIP customers to obscure their accounts and continue using the main exchange, officials said. “Binance executives, including Zhao, made a plan to contact VIP customers and help the VIP register a new account for an offshore entity and transfer holdings to that account,” the DoJ said in an announcement of the agreement on Tuesday. “Binance employees also called US VIPs to encourage them to provide information that suggested the customer was not located in the United States.” The company, knowing it had US customers, also failed to introduce controls that would stop them from making trades with sanctioned jurisdictions like Iran, resulting in over $898m in trades between US and Iran-based users between January 2019 and May 2022. At one point, according to the DoJ, Zhao told employees it was “better to ask for forgiveness than permission,” while in another instance, a compliance employee wrote in a message, “We need a banner ‘is washing drug money too hard these days - come to binance we got cake for you.’” In a statement on Tuesday, Binance acknowledge making “criminal violations.” “These resolutions acknowledge our company’s responsibility for historical, criminal compliance violations, and allow our company to turn the page on a challenging yet transformative chapter of learning and growth,” the company wrote. “With the compliance and governance enhancements enshrined in our commitments, we can begin to share our vision for Binance’s exciting future and the future of the crypto industry.” The company also emphasised that the resolutions don’t allege Binance misappropriated user funds or engaged in market manipulation. Richard Teng, the company’s former global head of regional markets, will take over as CEO, according to Binance. The massive agreement with federal regulators will also require Binance to accept the appointment of a government monitor to oversee the business and bar Zhao from involvement with the company until three years after the monitor is appointed, according to court records viewed by The New York Times. Notably, the Securities and Exchange Commission was not a part of the Binance agreement. The SEC sued Binance and Zhao in June, alleging that they used companies beneficially owned by Zhao to inflate trading prices and make money off customers, allegedly mixing customer funds with Binance money. “While we take the SEC’s allegations seriously, they should not be the subject of an SEC enforcement action, let alone on an emergency basis. We intend to defend our platform vigorously,” the company responded at the time in a statement. “And, to be clear: any allegations that user assets on the Binance.US platform have ever been at risk are simply wrong, and there is zero justification for the Staff’s action in light of the ample time the Staff has had to conduct their investigation,” the company added in the statement. The massive settlement comes just weeks after FTX founder Sam Bankman-Fried was found guilty in federal court of defrauding customers on his popular cryptocurrency exchange out of billions of dollars. Bankman-Fried’s defence team has vowed to fight the charges.

Plates, bowls, and even cutlery can go in the compost pile instead of the trash.

Julian Sands, known for his passion for hiking and mountaineering, was reported missing on January 13 after embarking on a hike to Mount Baldy