Author: franperez66q@protonmail.com

The BBC understands that if Andy Burnham becomes prime minister then he is expected to replace Rachel Reeves as chancellor and offer her a more junior cabinet position.A spokesperson for Burnham said no decisions had been made.It comes as the former Greater Manchester mayor begins to assemble a Downing Street team, assuming he wins the Labour leadership race in which, currently, he is the sole candidate.Sir Keir Starmer announced he was standing down as prime minister days after Burnham won the Makerfield by-election, allowing him to return to Parliament.The biggest decision Burnham will make as he begins to sketch out…

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Illapa Sairitupac, Democratic New York State assembly candidate, from left, Zohran Mamdani, mayor of New York, and Brad Lander, former New York City comptroller and US Democratic House candidate for New York, campaign during a primary election in New York, US, on Tuesday, June 23, 2026. Adam Gray | Bloomberg | Getty ImagesThree progressive candidates endorsed by New York City Mayor Zohran Mamdani won Democratic primaries for House seats on Tuesday night, ousting two incumbents in the process.Brad Lander, who previously was the city’s comptroller, defeated incumbent Rep. Dan Goldman in the 10th congressional district, which includes parts of lower…

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Carr also opened an unusual review of ABC owner Disney’s TV station licenses. The eight broadcast TV stations owned by the company protested the review, accusing the FCC of trying to suppress speech as part of “an unprecedented attack on a single company’s entire portfolio of broadcast licenses.” The station license review is ostensibly based on allegations that Disney’s diversity, equity, and inclusion (DEI) practices violate anti-discrimination rules. But Carr previously threatened the licenses of ABC stations for airing Jimmy Kimmel, and ABC said the FCC is “using the license process renewal to punish a broadcaster for its editorial choices.”…

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Traders work in the S&P options trading pit at the Cboe Global Markets exchange on March 31, 2026 in Chicago, Illinois. Scott Olson | Getty ImagesGlobal markets operator Cboe has launched its first predictions markets product, the latest financial-markets company working to capitalize on consumer demand in the fast-growing sector. The offering includes binary option contracts based on the Mini-S&P 500 Index, the company said in a press release on Tuesday. Prediction markets, which allows users to speculate on various real-world events such as sports and even political outcomes, have been rising in popularity among investors. The combined monthly global…

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The growing use of AI contributed to Oracle laying off 21,000 workers in a year, according to a Securities and Exchange Commission filing on Monday. In its annual regulatory filing for the fiscal year ending May 31, Oracle said it has 141,000 full-time employees. In its 2025 filing, Oracle said it had 162,000 employees. The reported 12.9 percent reduction followed March reports of mass layoffs at the database management software company. “[T]he adoption and deployment of AI technologies across our operations have resulted, and may continue to result, in reductions to our workforce,” the filing reads. However, the job cuts…

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Images of mobile devices at the Taiwan Semiconductor Manufacturing Co. (TSMC) Museum of Innovation in Hsinchu, on Tuesday, Jan. 11, 2022. I-Hwa Cheng | Bloomberg | Getty ImagesAsia’s technology stocks rebounded on Wednesday after global equities posted steep losses in the previous session.South Korea’s semiconductor heavyweights led Wednesday’s bounce during early Asia hours. Shares of Samsung Electronics rose over 9%, while SK Hynix gained more than 4%, recovering part of the more than 12% decline posted by both respectively on Tuesday. Both chip giants are major constituents of the benchmark Kospi Index, which is up more than 3% after falling 10%…

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