By Michelle Conlin NEW YORK (Reuters) -Federal law enforcement agents raided the downtown New York home of Polymarket CEO Shayne Coplan on Wednesday, seizing his phone and electronics, the company confirmed. The early-morning raid of Coplan’s SoHo apartment followed last week’s presidential election, in which bettors on Polymarket, an offshore, crypto-fueled election gambling website, had for weeks put Donald Trump’s odds drastically higher than those of Vice President Kamala Harris, in sharp divergence from opinion polls. Coplan, Polymarket’s 26-year-old founder, was roused from his bed at 6 a.m. by FBI agents demanding he give them his electronic devices, the New…
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Binod Shankar, CFA, is the author of Let’s Get Real: 42 Tips for the Stuck Manager. Sometimes quitting is the right thing to do, whether it is leaving a city, a relationship, or, yes, even a career. But as an executive coach, I find that most people have major issues with giving up on a career, even one that has grown stale and unfulfilling. We can hang on for years — even decades — after we should have just thrown in the towel. Why? There are countless reasons, but these are the ones I encounter the most in my practice: …
Special counsel Jack Smith speaks to members of the media at the U.S. Department of Justice building in Washington, D.C., on Aug. 1, 2023.Saul Loeb | AFP | Getty ImagesSpecial counsel Jack Smith asked a federal appeals court Wednesday to pause proceedings in his effort to overturn a judge’s decision to dismiss the criminal classified documents case against President-elect Donald Trump and two other defendants.Smith’s request cited Trump’s election last week to a second term in the White House.On Friday, the special counsel cited that same reason in asking a federal judge in Washington, D.C., for a pause in proceedings…
The Central Electricity Regulatory Commission (CERC) has released a draft notification outlining new regulations for purchasing and selling Carbon Credit Certificates (CCCs). These proposed regulations, titled “Central Electricity Regulatory Commission (Terms and Conditions for Purchase and Sale of Carbon Credit Certificates) Regulations, 2024,” aim to establish a framework for trading CCCs on power exchanges accessible to both obligated and non-obligated entities. The draft regulations are expected to play a crucial role in India’s efforts to reduce greenhouse gas emissions and meet its climate commitments Stakeholders can provide feedback on the regulations. These regulations will apply to CCCs available for trading…
Carbon mitigation projects and field interventionsTo calculate OARs, we prioritised our search terms to cover the largest project types issuing credits through independent mechanisms and the Kyoto Protocol’s CDM and JI (Table 1 and Supplementary Tables 2 and 3).Credit issuance is concentrated among the Kyoto Protocol’s crediting mechanisms as well as several governmental, private, and non-governmental mechanisms (which we collectively refer to as ‘independent mechanisms’) (Fig. 1a) and a few sectors (Fig. 1b). The CDM and the JI Mechanism have jointly issued 63% of credits (3.3 gigatons)3,28, whereas independent mechanisms are responsible for 37% of issued credits (1.9 gigatons)29. Credits from chemical processes as…
In a recent filing with the Securities and Exchange Commission, William Torgerson, Vice President and General Manager of the Broadband Group at MaxLinear, Inc. (NASDAQ:MXL), disclosed the sale of 6,100 shares of the company’s common stock. The transactions, executed on November 8, 2024, were completed at prices ranging from $15.40 to $15.41 per share, totaling $93,941. Following these transactions, Torgerson holds 179,262 shares of MaxLinear stock. The filing also noted a correction for a previous clerical error, which had omitted 11,667 shares from earlier reports. In other recent news, MaxLinear, Inc. has reported several significant developments. First, the company announced…
Governor Tate Reeves has announced that Mississippi is investing more than $110 million toward economic development, infrastructure upgrades, workforce development, tourism, and conservation efforts statewide. The majority of grant approvals, totaling over $97 million, will be invested into projects expected to boost the state’s economy through site development, infrastructure improvements, and workforce training support. Per the Republican governor, this major financial investment is anticipated to expand infrastructure capabilities at sites across the state and better position Mississippi to secure even more record-breaking private sector investment. The announcement comes several months after officials announced that Amazon Web Services would be opening…
Discover why Ethereum is becoming a more attractive investment alternative to Bitcoin, with its strong performance and DeFi potential. Read my analysis here. Source link
TIMOTHY A. CLARY/AFP via Getty Images US stocks climbed higher as traders took in inflation figures from October that were in-line with estiamtes. Consumer prices rose 2.6% on a yearly basis last month and 0.2% for the month. Traders have upped their bets on another quarter-point rate cut from the Fed in December. US stocks ticked higher on Wednesday as traders took in fresh inflation figures, which were in line with economists’ expectations. Major indexes edged up in early-morning trading, while bond yields slumped. Consumer prices grew 0.2% in the month of October and 2.6% on a year-over-year basis. The…
MEXICO CITY (Reuters) – The U.S. ambassador to Mexico, Ken Salazar, said on Wednesday that the country is not safe and criticized the previous president for a failed security policy and refusing to accept American assistance. “The reality is that at the moment Mexico is not safe,” Salazar said during a press conference at his residence in Mexico City. The ambassador criticized former President Andres Manuel Lopez Obrador directly, saying security coordination between Mexico and the U.S. had suffered during his term. “Unfortunately this coordination has failed in the last year, in great part because the previous president did not…