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US futures and Asian shares slip after a wild day on Wall St ends with a whimper
Shares slipped Friday in Asia after a day of dramatic swings on Wall Street that included Microsoft’s worst drop in nearly six years.Oil prices dropped and the prices of gold and silver weakened.
The CEO of Indonesia's stock market, Imam Rachman, resigned Friday “As part of a commitment toward recent market conditions,” the exchange said in an announcement.
Jakarta's benchmark gained 1.2% following news of his resignation. It had been trading at all-time highs but sank 7.4% on Wednesday and 1.1% on Thursday after MSCI, a U.S. provider of global equity,... Read More
Cooper Flagg breaks NBA teen record with 49 points in Mavs' loss to Hornets
DALLAS (AP) — As Dallas rookie Cooper Flagg set the NBA record for points by a teenager with 49 on Thursday night in a 123-121 loss to Charlotte, he broke the franchise rookie scoring record he shared with Mark Aguirre — whose jersey was retired at halftime.“Mark Aguirre is special. Such a special night for him and the whole organization,” said Flagg, who turned 19 in December. “I just feel blessed. It’s a pretty cool thing.”
“You saw history,” Mavericks coach Jason Kidd said. “We saw history at halftime, and we got to see a young man play the game... Read More
Hong Kong companyâs concession to operate Panama Canal ports is ruled unconstitutional
PANAMA CITY (AP) — Panama’s Supreme Court ruled late Thursday that the concession held by a subsidiary of Hong Kong’s CK Hutchison Holdings to operate ports at either end of the Panama Canal was unconstitutional, an outcome that advances a U.S. aim to block any influence by China over the strategic waterway.The court’s ruling followed an audit by Panama’s comptroller, which alleged irregularities in the 25-year extension of the concession granted in 2021.
The Trump administration made blocking China’s influence over the Panama Canal one of its priorities in... Read More
Senate leaders scramble to save bipartisan deal and avert partial government shutdown at midnight
WASHINGTON (AP) — Senate leaders were scrambling to save a bipartisan spending deal and avert a partial government shutdown at midnight Friday as Democrats have demanded new restrictions on federal immigration raids across the country.Democrats struck a rare deal with President Donald Trump Thursday to separate funding for the Homeland Security Department from a broad government spending bill and fund it for two weeks while Congress debates curbs on the U.S. Immigration and Customs Enforcement agency. The deal came as irate Democrats had vowed to vote against the entire... Read More
Trump threatens tariffs on any country selling oil to Cuba, backing Mexico into a corner
WASHINGTON (AP) — President Donald Trump on Thursday signed an executive order that would impose a tariff on any goods from countries that sell or provide oil to Cuba, a move that could further cripple an island plagued by a deepening energy crisis.The order would primarily put pressure on Mexico, a government that has acted as an oil lifeline for Cuba and has constantly voiced solidarity for the U.S. adversary even as Mexican President Claudia Sheinbaum has sought to build a strong relationship with Trump.
Trump was asked by a reporter Thursday whether he was trying... Read More
Top Stories
- US futures and Asian shares slip after a wild day on Wall St ends with a whimper
- Hong Kong companyâs concession to operate Panama Canal ports is ruled unconstitutional
- Democrats, White House strike spending deal that would avert government shutdown
- Trump threatens tariffs on any country selling oil to Cuba, a move that puts pressure on Mexico
- Venezuelaâs acting president signs oil industry overhaul, easing state control to lure investors
- Trump threatens Canada with 50% tariff on aircraft sold in US, expanding trade war
- Man who squirted apple cider vinegar on Omar is charged with assaulting and intimidating her
- A man impersonating an FBI agent tried to get Luigi Mangione out of jail, authorities say
- Trump's border czar suggests a possible drawdown in Minnesota, but only after âcooperationâ
- New cold snap adds urgency to winter storm recovery across the South
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Stocks
Entertainment
Sports
- Cooper Flagg breaks NBA teen record with 49 points in Mavs' loss to Hornets
- Hornets edge Mavericks 123-121 to spoil Cooper Flagg's 49-point game
- Hurricanes become 3rd NHL team to rally from 2 goals down in final 2 minutes to win in regulation
- Devils' Jack Hughes leaves game with injury 2 weeks before US opens play at the Olympics