Page 155 - United States

Trump Media stock rising a day after post conviction sell-off overnight

Shares of Trump Media & Technology Group, the owner of social networking site Truth Social, are climbing shortly after the opening bell Friday after former President Donald Trump was convicted in his hush money trial. A New York jury found Trump guilty of falsifying business records in a scheme to illegally influence the 2016 election through hush money payments to a porn actor who said the two had sex. Shares fell 9 per cent immediately Thursday in after-hours trading as news of the verdict emerged, but they are up nearly 3 per cent in early morning trading on Friday. The stock, which trades under the ticker symbol DJT, has been extraordinarily volatile since its debut in late March, joining the group of meme stocks that are prone to ricochet from highs to lows as small-pocketed investors attempt to catch an upward momentum swing at the right time. The stock has tripled this year, in the process frequently making double-digit percentage moves either higher or lower on a single ...

Houthis claim missile attack on US Navy aircraft carrier in the Red Sea

The claimed attack by the Houthis comes after the group said that US and British strikes in Yemen's Hodeidah province had killed 16

US slows licence approvals for AI chip exports to prevent resale to China

The United States Commerce Department extended chip export restrictions to include much of West Asia, along with China and other foreign countries, in October

Shangri-La dialogue to begin today, China-US theme to dominate discussion

The annual gathering in Singapore has become an increasingly influential forum for the world's top defence and security policy types, particularly as concerns over China's military actions

UN tribute to Iran's late Prez Raisi marred by protests, European, US snubs

The UN General Assembly's tribute to Iran's late President Ebrahim Raisi was snubbed by Western and East European nations on Thursday amid protests against honouring a leader who was reviled for his crackdown on opponents. The assembly's tribute was no surprise. It is a longstanding practice that the 193-member world body holds a plenary meeting to pay tribute to the memory of a sitting head of state who dies, where all UN regional groups send representatives to speak about their life and legacy. And there were some warm tributes to Raisi, especially from African nations. But what happened Thursday that was highly unusual was that only representatives from the African, Asian-Pacific, and Latin American and Caribbean regional groups spoke. There were no remarks from the West European or East European groups, or from the United States, which normally speaks last representing the host country. The United States will not attend today's United Nations tribute event for President Raisi i

Key moments in Donald Trump's trial that led to the guilty verdict

Jury found Trump guilty on 34 false-records counts determined he broke the law

Shares in Trump Media fall after former prez convicted in hush money trial

Shares of Trump Media and Technology Group, the owner of social networking site Truth Social, slumped on Thursday after former President Donald Trump was convicted in his hush money trial. A New York jury found Trump guilty of falsifying business records in a scheme to illegally influence the 2016 election through hush money payments to a porn actor who said the two had sex. Trump Media's stock was down about 9 per cent in after-hours trading on Thursday as news of the verdict emerged. The stock, which trades under the ticket symbol DJT, has been extraordinarily volatile since its debut in late March, joining the group of meme stocks that are prone to ricochet from highs to lows as smaller retailers attempt to catch an upward momentum swing at the right time. It peaked at nearly USD 80 in intraday trading on March 26. Earlier this month, Trump Media reported that it lost more than USD 300 million last quarter, according to its first earnings report as a publicly traded company. Fo

Here's how US politicians reacted to Trump's conviction in hush money case

This was a disgrace. This was a rigged trial by a conflicted judge who is corrupt, says Trump

Trump guilty verdict does not change US election race, says Biden campaign

Trump on Thursday became the first US president to be convicted of a crime when a New York jury found him guilty of falsifying documents

US, UK in focus as pharma companies eye $31 billion exports in FY25

Industry also working to pump up business in Africa and Russia, regions battling geopolitical crises

IAF takes part in US-led Red Flag-Alaska for multi-nation military drills

The Indian Air Force on Thursday joined a 16-day multi-nation mega military exercise in Alaska in the US that is designed to provide realistic training to participating forces in a simulated combat environment. The IAF deployed Rafale fighter jets for the 'Red Flag Alaska' exercise from May 30 to June 14. Approximately 3100 service members are expected to fly, maintain and support more than 100 aircraft during the exercise, the US's Pacific Air Forces said. "An #IAF contingent arrived today at the Eielson AF Base of @usairforce, at Alaska, USA, to participate in the upcoming edition of the multinational exercise Red Flag 24," the IAF said on X. "Ably supported by its IL-78 air to air refuellers and the C-17 transport aircraft, the IAF Rafale fighters took a transatlantic flight with staging halts at Greece and Portugal," it said. The Pacific Air Forces said Red Flag-Alaska is designed to provide realistic training in a simulated combat environment enabling joint combined forces to

Power outages could linger for days after storms batter Texas again, 1 dead

Power outages scattered across storm-weary Texas on Wednesday could linger into the weekend after storms flooded streets in Houston for the second time this month and ripped off roofs in Dallas, leaving a teenager dead and injuring others. The teen was killed Tuesday at a construction site while working on a home that collapsed, and three people at a campground were shocked by a downed power line. The severe weather left more than 1 million homes and businesses without electricity at one point. Electric utility Oncor said power in the Dallas area should be restored by Friday for most customers, but some outages will continue into the weekend. More than 1 million homes and businesses were without electricity across Texas at one point, but by Wednesday night, the lights had come back on for more than 75% of those customers. Houston was flooded and damaged just weeks after a storm walloped the area, killing eight people. The 16-year-old worker was killed northeast of the city, in the .

'All Eyes on Rafah' campaign irks Israel; 'Where were your eyes on Oct 7?'

'All Eyes on Rafah' campaign has gained massive traction, with numerous celebrities joining in to express solidarity with Palestine and condemn the deadly attack on Rafah camp in Gaza on May 26

Tyson Foods denies accusations of hiring migrants over US citizens

The letters say that Tyson employs 42,000 foreign workers, making up more than one-third of its US workforce, and is involved in programs to recruit more

Nikki Haley signs Israeli artillery shells with 'Finish Them!' during visit

Former Republican presidential candidate and US ambassador to the UN Nikki Haley advocates unwavering US support for Israel amid Gaza conflict

US Treasury official visits Ukraine to discuss sanctions on Russia

A senior US Treasury official is in Kyiv this week to talk with government officials about US financial support for Ukraine, efforts to tighten sanctions on Russia and plans to use immobilized Russian sovereign assets for the benefit of Ukraine as it fends off Russian forces. Deputy Secretary Wally Adeyemo's trip comes as Russia gains territory on the battlefield after an especially lengthy delay in US military aid left Ukraine at the mercy of Russia's bigger army and as the outlook for Ukraine's state finances is on shakier ground. Adeyemo is set to meet with officials in Ukraine's finance ministry and president's office. He's also planning a stop at the Kyiv School of Economics to speak with faculty and civil society groups working on sanctions policy and ways to make sanctions on Russia more effective. President Joe Biden signed legislation in April that allows the administration to seize the roughly USD5 billion in Russian state assets located in the US. However, a majority of t

Two people missing after building explosion in Ohio's Youngstown: Officials

Two people were missing and seven were injured when a natural gas explosion caused extensive damage to a building in downtown Youngtown, Ohio, authorities said. The blast, which occurred around 2:45 pm Tuesday blew off the faade of Realty Tower. Firefighters helped some people get out of the building, which houses a Chase Bank on the ground floor and has apartments in upper floors. Youngstown Fire Chief Barry Finley said a man and a woman were missing following the blast. One is a Chase employee, he said. The blast collapsed the first floor into the basement, Finley said, and the building's structural integrity is in question so no firefighters were being allowed in to conduct a search. The seven injured people were taken to Mercy Health Hospital in Youngstown. A hospital spokesperson said one person was in critical condition, but did not release further details. A social media post by the Mahoning County Emergency Management Agency said there was a natural gas explosion and the

Jury in Trump's hush money case to begin deliberations after instructions

Jurors in Donald Trump's hush money trial are expected to begin deliberations Wednesday after receiving instructions from the judge on the law and the factors they may consider as they strive to reach a verdict in the first criminal case against a former American president. The deliberations follow a marathon day of closing arguments in which a Manhattan prosecutor accused Trump of trying to hoodwink voters in the 2016 presidential election by participating in a hush money scheme meant to stifle embarrassing stories he feared would torpedo his campaign. This case, at its core, is about a conspiracy and a cover-up, prosecutor Joshua Steinglass told jurors during summations that stretched from early afternoon into the evening. Trump's lawyer, by contrast, branded the star prosecution witness as the greatest liar of all time as he proclaimed his client innocent of all charges and pressed the panel for an across-the-board acquittal. The lawyers' dueling accounts, wildly divergent in th

Most AAPI adults think history of racism should be taught in schools: Poll

US schools should teach about issues related to race, most Asian Americans, Native Hawaiians and Pacific Islanders believe. They also oppose efforts to restrict what subjects can be discussed in the classroom, according to a new poll. In the survey from AAPI Data and The Associated Press-NORC Center for Public Affairs Research, 71% of AAPI adults favor teaching about the history of slavery, racism and segregation in K-12 public schools. The same share also said they support teaching about the history of Asian American and Pacific Islander communities in the United States, while about half support teaching about issues related to sex and sexuality. AAPI Democrats are more supportive of these topics being taught in classrooms than AAPI Republicans. Still, only 17% of AAPI adults think school boards should be able to limit what subjects students and teachers talk about in the classroom, and about one-quarter of AAPI Republicans are in favor of these restrictions. The results indicate

US sanctions 3 Chinese, 3 Thai entities over Covid related cyber fraud

The botnet enabled users to commit widespread cyber-enabled fraud using compromised victim computers that were associated to residential IP addresses