BERLIN (Reuters) – Here is what we know so far about the man who was arrested as the suspected driver in a car-ramming attack on Friday at a Christmas market in the German city of Magdeburg in which five people were killed and some 200 injured. LIFE IN GERMANY The suspect is a 50-year-old from Saudi Arabia with permanent residence status in Germany, where he has been living for almost two decades. The suspect has not been named by authorities. Multiple German media reports refer to him as Taleb A. The suspect had worked as a psychiatrist at a specialist…
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By David Shepardson WASHINGTON (Reuters) – The head of the Transportation Security Administration on Thursday warned that an extended partial U.S. government shutdown could lead to longer wait times at airports. TSA, which handles airport security screening, said about 59,000 of its 62,000 employees are considered essential and would continue working without pay in the event of a shutdown that would begin on Saturday unless the government reaches a funding deal. Air traffic controllers and TSA officers are among the government workers who would be required to keep working but would not be paid. “While our personnel are prepared to…
RADNOR, PA. – (NewMediaWire) – December 21, 2024 – The law firm of Kessler Topaz Meltzer & Check, LLP (www.ktmc.com) informs investors that a securities class action lawsuit has been filed against PACS Group, Inc. (PACS) (NYSE: PACS). The lawsuit is brought on behalf of investors who purchased or otherwise acquired PACS: 1) common stock pursuant and/or traceable to the registration statement and prospectus (collectively, the Registration Statement) issued in connection with PACS April 11, 2024 initial public offering (the IPO); and/or 2) securities between April 11, 2024 and November 5, 2024 inclusive (the Class Period). The lead plaintiff deadline…
The S&P 500 (SNPINDEX: ^GSPC) market index has seen a total return of 25% in 2024. That’s a fantastic year for the stock market, but it can’t hold a candle to the crypto market. According to CoinMarketCap, the market value of every cryptocurrency added up to $1.65 trillion at the end of 2023. The combined market cap is up to $3.30 trillion on Dec. 19, which works out to a doubling in less than 12 months. Crypto pioneer Bitcoin (CRYPTO: BTC) gained 138% over the same period. Smart contracts innovator Solana (CRYPTO: SOL) showed a 101% gain, just ahead of…
U.Today – Ki Young Ju, CryptoQuant founder, says it is possible for the United States to strategically accumulate (BTC) to address a portion of its debt. He stated this in a post on X as part of the ongoing debate among cryptocurrency analysts and financial experts. Proposal for strategic Bitcoin reserveAccording to Young Ju, setting up a Strategic Bitcoin Reserve (SBR) to offset part of the U.S. debt is feasible. Given that the U.S. debt comprises domestic and foreign-held liabilities, Young Ju proposes that the U.S. could acquire about 1 million BTC. The strategic accumulation of this volume should span…
Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Many young adults are beginning to explore the world of investing and seeking advice online on various forums. A 19-year-old college student has also turned to Reddit for direction on building financial security. The 19-year-old business major has amassed $70K in a checking account by working as a server during the summer and managing a reselling business during the year. With so many options available, the server-turned-reseller mentioned he feels stuck as his parents cannot advise him since they aren’t familiar with stock…
Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. According to Arrived, when the Federal Reserve started cutting interest rates in September, interest in its equity investment products surged by 79% month-over-month. The significant uptick underscores a growing investor sentiment that real estate equity investments are poised for substantial growth. The Fed’s signal has sent ripples through financial markets, with many investors considering alternative investment opportunities. Real estate, particularly through platforms like Arrived, has emerged as an attractive option because of its potential for long-term returns and diversification benefits. Don’t Miss: Equity…
The mission was Rocket Lab’s 16th launch for the year and sixth launch to date for Japanese Earth-observation company Synspective MAHIA, New Zealand–(BUSINESS WIRE)–Rocket Lab USA, Inc. (Nasdaq: RKLB) (Rocket Lab or the Company), a global leader in launch services and space systems, today announced it successfully completed the Company’s 16th launch for the year, deploying a satellite for Japanese Earth-observation constellation operator Synspective.This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241221492452/en/Rocket Lab successfully launches its 16th Electron rocket of the year, deploying a satellite to orbit for Japanese constellation operator Synspective. (Photo: Business Wire)The Owl The Way…
After a long hiatus, The Sustainability Story podcast from CFA Institute is back. In the first new episode, Paul Andrews, head of Research, Advocacy, and Standards at CFA Institute, speaks with Ceres president and CEO Mindy Lubber about the critical connection between climate risk and financial risk. Mindy Lubber believes that climate risk is financial risk and that understanding this relationship is crucial to addressing the threat. “Our job is to make the case that, whether it’s climate change or water shortages or, frankly, a number of social issues, that they have economic implications as great as any others,” she…
The party is coming to an end at Party City. The retailer, which emerged from a previous bankruptcy last year, has again filed for Chapter 11 bankruptcy. The New Jersey-based company filed early Saturday in U.S. Bankruptcy Court for the Southern District of Texas. In the filing, Party City Holdings Inc. will “implement an orderly wind down of its business and liquidation of its assets.” The company will put its assets up for bidding or, if there’s no sale, “initiate store closing sales to liquidate all of the Party City Group Companies’ retail and wholesale inventory and locations,” according to…