Washington Financial News
19.11 / 09:29
FIVE
Action
Fighting
reports
‘US will continue to work hard’, White House dismisses reports of Israel-Hamas deal to free hostages in Gaza
Israel and Hamas that would potentially free dozens of women and children held hostage in Gaza in exchange for a five-day pause in fighting. “We have not reached a deal yet, but we continue to work hard to get to a deal," the White House National Security Council spokesperson said.
19.11 / 08:14
Target
CEO
Highways
Transurban has a peek at Denver’s Northwest Parkway toll road
Forget Melbourne’s EastLink, Transurban’s got another toll road across the Pacific Ocean it may look to add to its $40 billion empire.
19.11 / 03:59
President
country
reports
travelers
Israel-Hamas War: Joe Biden rejects ceasefire call in Gaza, says ‘every cease-fire is time Hamas exploits...'
The Washington Post. "As long as Hamas clings to its ideology of destruction, a cease-fire is not peace.
19.11 / 02:01
Citi
President
Celebrity
Inside
hospital
patient
evacuation
Israel-Hamas War Day 45: Israel-Hamas near hostage deal; Gaza hospital evacuated amid ongoing Israeli assault. 10 points
The Washington Post on Saturday, US President Joe Biden dismissed increasing ceasefire calls for Gaza, asserting that it won't bring about peace. He wrote, "As long as Hamas clings to its ideology of destruction, a cease-fire is not peace.
18.11 / 23:49
Platform
Remark
TikTok
show
social
information
Bill Maher Concerned About the Way Information Is Spread on TikTok Among Young People
Bill Maher recently discussed the dissemination of information among the youth via social media, with a focus on TikTok. During the latest episode of Real Time, he highlighted a recently removed viral video on the platform.
18.11 / 09:01
Provident
economy
country
reports
IMF revises Pak’s foreign loan requirement to USD 25 bn: Report
The IMF has revised down Pakistan’s foreign loan requirements to USD 25 billion for the ongoing fiscal year — reducing it by USD 3.4 billion in a big relief for its cash-starved economy, according to a media report on Saturday.The Washington-based global lender also lowered the economic growth projection to just 2 per cent, turning down the government’s external as well as macroeconomic forecasts, The Express Tribune newspaper reported.
18.11 / 03:29
Twitter
Platform
Apple
TikTok
Instagram
social
Social media titans caught in Gaza storm over content
Hamas on Israel, social media platforms are still caught in the maelstrom, struggling to control content and withstand user fury. TikTok and X, formerly Twitter, were swept up in controversies this week, one involving an unearthing of a two-decade old screed by Osama bin Laden, the mastermind of the 9/11 terror attacks on the United States. Facebook and Instagram owner Meta is also facing pushback from users accusing the company founded by Mark Zuckerberg of over-censorship of pro-Palestinian content. The problems have cast a harsh light on content moderation policies at the big platforms after a big cost-cutting campaign last year saw trust and safety teams gutted. For TikTok, the risks are real as it faces a threat to be outright banned in the United States, under suspicion that its powerful algorithm is ultimately under the control of the Chinese Communist Party. Those calls were renewed when it emerged on Thursday that videos promoting bin Laden's «Letter to America» went viral, 22 years after he wrote it. Bin Laden's deeply anti-American writing explained his reasons for masterminding plane attacks on New York and Washington that killed nearly 3,000 people. Searches for the letter were eventually banned by TikTok which minimized the reach of the videos.
18.11 / 02:41
Citizens
Southern
President
2020
reports
US Presidential
2024
US Presidential Election
2024 US Presidential Election: Donald Trump eligible for Colorado's primary ballot, judge dismisses lawsuit
Donald Trump can remain on the state's presidential primary ballot, said Colorado District Judge Sarah Wallace on Friday. He rejected the arguments that Trump violated his oath of office by engaging in an insurrection. This came after similar court decisions in Minnesota and Michigan that left Trump on the ballot in those states, according to a report published by AFP. The rulings mark a victory for the former Republican President as he staves off well-funded legal challenges seeking to bar his return to the White House in elections next year.
18.11 / 02:29
Provident
CEO
Racing
Tesla
Limelight
President
track
Meet Mira Murati, the engineer leading OpenAI after Sam Altman's ouster
Mira Murati has worked behind the scenes at OpenAI, overseeing the development and delivery of revolutionary products such as ChatGPT and DALL-E. Now she is stepping into the limelight as its interim CEO. Murati, 34, was elevated to the top position at the high-profile company Friday when OpenAI's board of directors ousted Sam Altman, the company's co-founder and CEO. The company said that Murati had a «unique skill set» and would provide «a seamless transition while it conducts a formal search for a permanent CEO.»
17.11 / 22:43
Manufacturing
ICE
awards
Bill
Honeywell
President
Department
Cold War
PUMP
US aims to speed heat pump manufacturing using Cold War-era law
WASHINGTON (Reuters) — The U.S. will fund nine projects with $169 million from last year's climate bill to speed manufacturing of heat pumps, systems that can heat and cool homes and businesses more efficiently, the Energy Department said on Friday.
17.11 / 22:43
Nov
President
Fulton
stars
2020
Georgia prosecutors propose Aug. 5 trial date for Trump
WASHINGTON (Reuters) -Prosecutors in former President Donald Trump's election interference case in Georgia on Friday proposed starting the trial on Aug. 5, 2024, just months before the November U.S. presidential election.
17.11 / 18:45
17.11 / 18:09
17.11 / 12:23
coinbase
lawmakers
Lobby
U.S. Crypto Lobby Spending Surpasses $20 Million in 2023, On Track to Beat 2022 Record
Over $20 million has been spent on crypto-related lobbying in the United States this year, a new report shows.
17.11 / 07:17
Williams
Waters
Action
Southern
President
hospital
reports
Hamas, Israel close to settlement on hostage release, awaiting Israeli confirmation
Also Read | Israel-Hamas War LIVE Updates: Internet, phone networks collapse in Gaza; Blinken asks for 'urgent' action “I am mildly hopeful," President Biden said. In response to a question, he said he was not considering any US military involvement in rescuing the captives.
17.11 / 06:43
Strategy
Discover
Coal miners discover nobody will judge them in the bond market
Thermal coal miner New Hope is boosting returns from its enormous cash pile by turning to fixed income investing, after the producer decided it needed alternative places for its funds because banks won’t support fossil fuel borrowers.
17.11 / 02:56
Digital
Platform
economy
NVIDIA
performer
track
shock
Alibaba shares dive more than 7% after cloud service called off
Shares in Chinese e-commerce titan Alibaba tanked more than seven percent at the Hong Kong open Friday after the firm's surprise decision to call off part of its high-profile restructuring because of the US-China chip war. In a move that shocked investors, the Hangzhou-based tech giant said Thursday that US curbs on exports of advanced chips had forced it to call off the spinoff of its cloud computing arm. The firm's stock dived 7.13 percent soon after the starting bell in Hong Kong, tracking a collapse in its New York-listed shares. Washington has moved to bar the shipment to China of powerful chips, including those from California-based Nvidia, which are crucial to the development of artificial intelligence, on national security grounds. In one of its most wide-ranging restructurings, Alibaba said in March it planned to split the vast group into six distinct entities that would be able to separately pursue funding through public listings. But on Thursday, it called off the creation of its Cloud Intelligence arm in light of «the recent expansion of US restrictions on export of advanced computing chips». «We believe that a full spin-off of Cloud Intelligence Group may not achieve the intended effect of shareholder value enhancement,» the company said in its earnings release. «Accordingly, we have decided to not proceed with a full spin-off, and instead we will focus on developing a sustainable growth model for Cloud Intelligence Group under the fluid circumstances,» Alibaba said. Alibaba is a key player in China's expansive digital economy and the operator of a major online shopping platform. The Hangzhou-based group's performance is considered a barometer of domestic consumption, which has flagged in recent
16.11 / 23:14
16.11 / 19:49
16.11 / 19:35
16.11 / 19:35
Target
Manufacturing
Healthcare
show
testing
Warning
Indian manufacturer recalls eyedrops previously cited in FDA warning
The Indian manufacturer of more than a number of eyedrops subject to a U.S. safety warning has officially recalled the products
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