9 Arrested Over Secret Tunnel at An Iconic Brooklyn Synagogue
A revered synagogue in Brooklyn, which serves as the global headquarters of the Chabad-Lubavitch movement, found itself at the center of an unprecedented dispute this week. The conflict, triggered by the discovery of a secret underground tunnel, escalated into a brawl between worshippers and the police. The Chabad-Lubavitch movement, deeply respected within the Hasidic Jewish […]
Oil Prices Hit $80 Amid Escalating Middle East Tensions
Oil prices surged as the United States and its allies initiated airstrikes against Houthi rebels in Yemen. The move, aimed at responding to attacks on ships in the Red Sea, has heightened concerns over disruptions in the flow of fuel and goods through this crucial waterway. President Joe Biden confirmed the strikes, stating that they […]
Platformer Leaves Substack Over Stance on Pro-Nazi Content
Casey Newton, the writer behind the popular tech newsletter Platformer, announced on Thursday that the newsletter is leaving Substack following developments on the company’s policies on pro-Nazi content and other violent ideologies. The decision, which Newton notes was made with much consideration, comes weeks after an expose on The Atlantic brought to the attention of […]
eBay to Pay $3 Million to Settle Criminal Probe into Employee Harassment Campaign
E-commerce giant eBay has agreed to a $3 million settlement to resolve a U.S. criminal probe surrounding a disturbing campaign orchestrated by several of its employees. The campaign targeted a Massachusetts couple, David and Ina Steiner, creators of the online newsletter EcommerceBytes, which had been critical of eBay’s practices. In a deferred prosecution agreement, eBay […]
US-Led Coalition Strikes Houthi Targets in Yemen Amid Escalating Tensions
After actively avoiding an expansion of the war in the Middle East for the past three months, the United States, along with allies including Britain, the Netherlands, Australia, Canada, and Bahrain, conducted military strikes on more than a dozen targets in Yemen controlled by the Iranian-backed Houthi militia. The military action was a response to […]
Grupo Mexico Considers Bid for First Quantum’s Spanish Copper Mine
First Quantum Minerals seems to continue divvying its assets as the Canadian miner is reportedly actively exploring options to sell its Las Cruces mine in southern Spain. Sources familiar with the matter, who requested anonymity, disclosed that Grupo Mexico, led by Mexican billionaire German Larrea, is among the contenders eyeing the acquisition, in a move […]
BlackRock Acquires Global Infrastructure Partners for $12.5 Billion, Hits $10 Trillion In Assets
BlackRock Inc., the world’s largest money manager, has agreed to acquire Adebayo Ogunlesi’s Global Infrastructure Partners (GIP) for approximately $12.5 billion. The deal, comprising $3 billion in cash and around 12 million shares, is expected to close in the third quarter of this year, subject to regulatory approvals. This acquisition, the largest for BlackRock in […]
Harvard University Faces Lawsuit Over Alleged Antisemitism
A group of Jewish students has filed a complaint accusing Harvard University of fostering an environment of widespread antisemitism on its campus. The lawsuit, filed on Wednesday night, alleges that Harvard has selectively enforced its anti-discrimination policies, leaving Jewish students vulnerable to harassment. The complaint contends that the university has ignored pleas for protection from […]
Are Markets Predicting The Fed To Cut Interest Rates Every Month?
Financial markets are reportedly pricing in a scenario where the Federal Reserve might implement rate cuts at every meeting from March 2024 to December 2024. This aggressive stance suggests a belief that interest rates will follow a consistent downward trajectory throughout the year. Despite a robust jobs report and a 3.4% increase in inflation, investors […]
Biden’s Climate Goals May Pose A Problem for LNG Gains, US Foreign Policy
The Biden administration is undertaking a comprehensive review that could significantly affect the burgeoning US natural gas export industry, potentially creating a clash between President Joe Biden’s climate goals and foreign policy objectives. Politico notes that the review’s outcome “could have big implications for the fossil fuel industry, US clout as an energy superpower and […]