Author: franperez66q@protonmail.com

An MP who was accused of touching the breasts of two women at London’s Groucho Club has been found not guilty of sexual assault.Patrick Spencer, the MP for Central Suffolk and North Ipswich, had been accused of approaching both women, in separate incidents, and placing his hands on their breasts in August 2023.The 38-year-old denied two counts of sexual assault and was found not guilty following a trial at Southwark Crown Court. He could be seen sobbing with relief and later hugging his wife as the verdicts were returned.A jury of eight men and four women returned the verdict after…

Voters in California will decide in November whether to impose a one-time, 5% tax on residents and trusts with a net worth of more than $1 billion. The proposal is deeply controversial, with opponents on both sides of the aisle warning that passage of the measure — the first of its kind in the U.S. — would be a body blow to the state’s competitiveness. But one of the authors of the proposal insists California will be just fine. “California will, I think, more likely be better off if this is passed than not,” said University of Missouri law professor David Gamage,…

Investing.com — Deutsche Bank maintained Hold ratings across its cruise line coverage, pushing back on bullish expectations ahead of second-quarter earnings and arguing the sector’s outlook is “perhaps not as clear as bulls believe it to be.” According to a note from analyst Chris Woronka, while cruise is often described as an under-penetrated travel vertical with consistently strong demand, U.S. hotel RevPAR, particularly at resorts and within top-tier price segments, is “poised to meaningfully outperform the aggregate of cruise industry yields this year.” Deutsche Bank attributed this divergence at least partly to differences in supply growth between the lodging and cruise…

With the Paramount-Skydance merger greenlit by the FCC, Ellison, the new company’s CEO, then set his sights on acquiring Warner Bros. Discovery. Warner at first rebuffed Paramount’s overtures and on Dec. 5—two days before the Kennedy Center gala—accepted a bid from Netflix to buy its studio and streaming assets. Ellison responded by making numerous calls to administration officials and had a long talk with Trump, according to The Wall Street Journal. On the night of the gala, Trump told reporters the Netflix deal “could be a problem” and that he planned to get directly involved with the regulatory approval. Inside…

A former detective has become the first Reform UK candidate to be elected as a police and crime commissioner.Colin Sutton, who led several high profile murder investigations during his 30-year-career, was confirmed as the new Police and Crime Commissioner (PCC) for Norfolk on Friday after 32,647 people voted for him. Sutton won with a majority of 14,299 with the Conservative party candidate, Matthew Taylor, in second place. The by-election was held following the resignation of Sarah Taylor, who was elected as a Labour Party commissioner until she quit the party and became an independent in protest at the role being…

MAIDSTONE, England — Izzy Woodrow is a believer.Four weeks ago, he joined the small but growing number of Brits who have bought a Chinese-made vehicle.”I’ve got a car that I enjoy driving [and is] super comfy. It’s very quiet and the fit and finish is great and the technology experience is enjoyable ” Woodrow said during an interview at Lipscomb Cars in Maidstone, England. The Geely dealership southeast of London opened within the past year.It’s part of a trend, as sales of Chinese-made autos have been surging in the United Kingdom.  In 2015, Brits bought just 384 Chinese vehicles imported into…

Wall Street’s support for Netflix is wavering after the streaming platform’s latest results on Thursday failed to ease concerns over slowing growth, with a number of analysts slashing price targets for the stock. The entertainment firm reported $12.56 billion in revenue for the second quarter — a figure that was slightly below the $12.59 billion expected by analysts polled by LSEG. Its revenue was still up 13% on a year-over-year basis, largely due to the streaming platform’s membership and advertising growth as well as its subscription price hikes. Netflix’s earnings came in at 80 cents per share, a penny ahead…

briefly reclaimed the title of the world’s most valuable company, unseating AI darling in a major market shakeup this Friday.  As investors begin to look beyond the pure hardware plays of the artificial intelligence boom, Apple’s valuation hit a staggering $4.88 trillion. Meanwhile, a 3.5% slide in Nvidia’s stock dragged the chipmaker down to $4.86 trillion, ending its nearly year-long reign at the top. Nvidia later bounced off lows, closing the gap.  This marks the first time Apple has worn the market-cap crown since April 2025. For months, Apple was dismissed by some as a slow-mover in the generative AI race,…

Apple surpassed Nvidia in market value on Friday to reclaim its spot as the world’s most valuable company.Shares of Nvidia dropped more than 3% and its market value dipped to $4.84 trillion in early morning trading. Apple last traded at a $4.88 trillion market value.The two companies have had very different fortunes in 2026. The iPhone maker has surged 22% this year, outperforming the market as investors reward its AI agenda and capital spending model. Shares also hit fresh highs this week. Meanwhile, the leading AI chipmaker, has gained just 7% and largely sat on sidelines as Wall Street pivots…

The MP for Makerfield cemented his status as the sole leadership candidate after being backed by 379 Labour MPs, as well as all 11 trade unions affiliated to the party, earlier this week.Having run twice before to become Labour leader, his successful bid this time round marks a rapid rise to power following the former Greater Manchester mayor’s by-election win in Makerfield last month.In his first speech as Labour leader at the TUC headquarters in central London, Burnham rejected the “neoliberal” policies of the past 40 years, including when he was in government, and vowed to reindustrialise the country. Promising…