Author: franperez66q@protonmail.com
Kirklees Council remains without a majority – or a leader – after a chaotic annual meeting resulted in voting being postponed.It was the first full meeting since Reform UK took 29 out of the 69 seats to become the largest party on the council, but having failed to secure a majority it led to both Reform leader Sarah Wood and the Green Party’s Andrew Cooper putting themselves forward to lead the authority.However, the vote was abandoned after some new councillors, including Wood, admitted they didn’t understand all the rules.Read more here. Source link
Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. Markets are closing out Friday on a higher note, with the S & P 500 reapproaching 7,500 and on pace for its eighth straight week of gains. The Dow Jones Industrial Average reclaimed 50,000 on Wednesday and traded at roughly 50,700 on Friday. Within the S & P 500’s 11 sectors, the biggest gains Friday are in healthcare, where Merck is leading the pack on encouraging trial results ; information technology, where…
Exclusive-US House Foreign Affairs Committee Chair warns of China role in Argentina contract bid Source link
The Ebola outbreak erupting from the Ituri province of the Democratic Republic of the Congo continues to escalate wildly, with cases nearing 750, deaths reported at 177, and around 1,400 contacts now being traced, the World Health Organization reported in a press briefing Friday. The latest numbers already place the outbreak as the third largest on record, though it was only first reported a week ago, on May 15. And WHO Director-General Tedros Adhanom Ghebreyesus said the outbreak is still “spreading rapidly.” A revised WHO assessment has moved the risk level from “high” to “very high” at the national level,…
Councillor Jake Austin will represent the Lib Dems in the Makerfield by-election on 18 June. Source link
The S&P 500 has staged an impressive recovery, rallying more than 17% off its March lows on a combination of tariff relief optimism, resilient earnings and a powerful rebound in semiconductors. It is a move that has rewarded patience. It is also one that has quietly made hedging both more affordable and more strategically sensible.The arithmetic is straightforward. Protection costs less when volatility is compressed. With the VIX sitting in the high teens, well below the stress levels that accompanied the March selloff, the implied volatility priced into put options has pulled back sharply. Buying a one-month 2-2.5% out-of-the-money put…
Law firm Fenwick agrees to pay $54 million in settlement over FTX work Source link
A new sports competition featuring Olympic medalists will take place in Las Vegas on Sunday. The twist? The competitors can take performance-enhancing drugs.The Enhanced Games, dubbed the “Steroid Olympics,” will see 42 athletes compete across swimming, track and weightlifting.The World Anti-Doping Agency (WADA) and the International Olympic Committee have been highly critical of the games, which were announced in 2023. Others, however, see opportunity. Donald Trump Jr.’s investment firm, 1789 Capital, is joining Peter Thiel on the cap table of the company behind the games and leading its Series B in 2025.Trading as Enhanced Group, its stock is up by…
Carla Denyer said she was taking “several weeks” off to recover from burnout Source link
An Imax private screening for the movie “First Man” at an AMC theater in New York on Oct. 10, 2018.Lars Niki | Getty Images Entertainment | Getty ImagesShares of premium theater company IMAX jumped after the closing bell Thursday following a report that it’s exploring a sale.A source familiar with the company told CNBC that it has held “preliminary talks” through intermediaries, but no official pitches have been made by the company. IMAX’s longtime bankers occasionally test the waters for potential interest, said the person, who spoke on the condition of anonymity due to the confidential nature of the discussions.The…