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Futures inch higher as investors assess Fed minutes; Cisco gains
Futures inch higher as investors assess Fed minutes; Cisco gains
U.S. stock index futures edged higher on Thursday, a day after minutes of the Federal Reserve's last policy
2023-08-17 17:50
Who is Bruce Silverstein's wife? Malibu Mayor accuses Kourtney Kardashian of lying to get party permit
Who is Bruce Silverstein's wife? Malibu Mayor accuses Kourtney Kardashian of lying to get party permit
Malibu Mayor Bruce Silverstein accused Kourtney Kardashian of lying to get a party permit for her Poolside with Poosh event next door to his residence
2023-09-25 15:54
IEA says risk of oil supply disruptions is limited
IEA says risk of oil supply disruptions is limited
The International Energy Agency said on Thursday the risk of oil supply disruptions due to the conflict between Israel and Hamas is limited but that it stands ready...
2023-10-12 16:46
Sam Bankman-Fried's lawyer struggles in cross-examination of Caroline Ellison, govt's key witness
Sam Bankman-Fried's lawyer struggles in cross-examination of Caroline Ellison, govt's key witness
Sam Bankman-Fried’s defense lawyer has struggled through a meandering cross-examination of the FTX founder’s former girlfriend Thursday, keeping both the judge and the public guessing as to his strategy in countering the testimony of the government’s key witness
2023-10-13 01:53
Lionel Messi scores twice in first Inter Miami start, has 3 goals in 63 minutes for US club
Lionel Messi scores twice in first Inter Miami start, has 3 goals in 63 minutes for US club
Lionel Messi has scored three goals in his first 63 minutes for Inter Miami
2023-07-26 09:21
U.S. Supreme Court declines to block Illinois assault weapons ban
U.S. Supreme Court declines to block Illinois assault weapons ban
By Andrew Chung The U.S. Supreme Court on Wednesday declined to block a Democratic-backed ban on assault-style rifles
2023-05-17 23:20
Hiroshima's savoury pancake wins new fan in Britain's Sunak
Hiroshima's savoury pancake wins new fan in Britain's Sunak
By Katya Golubkova HIROSHIMA, Japan The cheap and cheerful savoury Japanese pancake that stirs both feelings of local
2023-05-21 19:19
Hamas, Israel and the definition of terror: Global media split over how to describe Palestinian org
Hamas, Israel and the definition of terror: Global media split over how to describe Palestinian org
Several major media organizations including BBC, CNN and The New York Times faced criticism for refusing to refer to Hamas as a terrorist organization
2023-10-11 20:52
High-speed rail was touted as a game-changer in Britain. Costs are making the government think twice
High-speed rail was touted as a game-changer in Britain. Costs are making the government think twice
The British government confirmed Sunday it may scrap a big chunk of an overdue and over-budget high-speed rail line once touted as a way to attract jobs and investment to northern England. British media reported that an announcement is expected this week that the line will end in Birmingham – 100 miles (160 kilometers) from London -- rather than further north in Manchester. The Conservative government insists no final decision has been made about the embattled High Speed 2 project. But Cabinet minister Grant Shapps said it was “proper and responsible” to reconsider a project whose costs have ballooned because of high inflation driven by the COVID-19 pandemic and the war in Ukraine. “We’ve seen very, very high global inflation in a way that no government could have predicted,” said Shapps, a former transportation secretary who now serves as the U.K.'s defense minister. “It would be irresponsible to simply spend money, carry on as if nothing had changed,” he told the BBC. The projected cost of the line, once billed as Europe’s largest infrastructure project, was estimated at 33 billion pounds in 2011 and has soared to more than 100 billion pounds ($122 billion) by some estimates. HS2 is the U.K.’s second high-speed rail line, after the HS1 route that links London and the Channel Tunnel connecting England to France. With trains traveling at a top speed of around 250 m.p.h. (400 kph), the new railway was intended to slash journey times and increase capacity between London, the central England city of Birmingham and the northern cities of Manchester and Leeds. Though it drew opposition from environmentalists and lawmakers representing districts along the route, the project was touted as a way to strengthen the north’s creaky, overcrowded and unreliable train network. The government hailed it as a key plank in its plan to “level up” prosperity across the country. The north of England, which used to be Britain’s economic engine, saw industries such as coal, cotton and shipbuilding disappear in the last decades of the 20th century, as London and the south grew richer in an economy dominated by finance and services. The government canceled the Birmingham-to-Leeds leg of HS2 in 2021 but kept the plan to lay tracks on the 160 miles (260 km) between London and Manchester. Former Conservative Prime Minister Boris Johnson, a longtime champion of the project, said cutting it back even further “makes no sense at all.” “It is no wonder that Chinese universities teach the constant cancellation of U..K infrastructure as an example of what is wrong with democracy,” Johnson said. Manchester Mayor Andy Burnham said people in northern England were “always treated as second-class citizens when it comes to transport.” “If they leave a situation where the southern half of the country is connected by modern high-speed lines, and the north of England is left with Victorian infrastructure, that is a recipe for the north-south divide to become a north-south chasm over the rest of this century,” Burnham, a member of the opposition Labour Party, told British TV channel Sky News. The government has also delayed work on bringing the line all the way to Euston station in central London. When it opens, some time between 2029 and 2033, trains will start and finish at Old Oak Common station in the city’s western suburbs. London Mayor Sadiq Khan said that would create “a ridiculous situation where a ‘high speed’ journey between Birmingham and central London could take as long as the existing route, if not longer.” “The government’s approach to HS2 risks squandering the huge economic opportunity that it presents and turning it instead into a colossal waste of public money,” Khan said in a letter to Prime Minister Rishi Sunak. Read More Ukraine war’s heaviest fight rages in east - follow live Charity boss speaks out over ‘traumatic’ encounter with royal aide Shapps says HS2 cannot have ‘open-ended cheque’ as Sunak set to wield axe It would be ‘irresponsible’ to keep spending money on HS2, cabinet minister says How the timeline for banning petrol and diesel cars has shifted over the years
2023-09-24 18:49
Ben Roberts-Smith: Top Australian soldier loses war crimes defamation case
Ben Roberts-Smith: Top Australian soldier loses war crimes defamation case
Ben Roberts-Smith had sued newspapers over allegations he killed unarmed prisoners in Afghanistan.
2023-06-01 13:45
Who was the real J. Robert Oppenheimer?
Who was the real J. Robert Oppenheimer?
The highly anticipated movie "Oppenheimer" finally lands in theaters Friday. But who was J. Robert Oppenheimer, the American physicist widely considered the father of the atomic bomb?
2023-07-20 19:17
Central Kansas police chief who led raid on small weekly newspaper has resigned, official says
Central Kansas police chief who led raid on small weekly newspaper has resigned, official says
The police chief who led an August raid on a small weekly newspaper in central Kansas has resigned, days after he was suspended from his post
2023-10-03 09:17