IDF strikes terror targets in Rafah
The Israeli military conducted targeted strikes on Hamas terror targets in Eastern Rafah, as confirmed by the IDF Spokesperson.
The War Cabinet approved the continuation of Israel’s Rafah operation to pressure Hamas for the release of hostages and other war goals, according to the Prime Minister’s Office.
Despite Hamas’s agreement to a ceasefire proposal from Qatar and Egypt, Israel plans to send mediators to explore an agreement that meets its requirements, Jerusalem Post has reported.
read more: https://www.jpost.com/breaking-news/article-800163
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U.S. soldier detained in Russia
A U.S. soldier, stationed in South Korea, was detained in Russia after allegedly committing theft, according to U.S. officials. The soldier traveled to Russia independently, not on official duty.
The incident occurred on May 2nd in Vladivostok, where he was apprehended for criminal misconduct.
The U.S. Army spokesperson confirmed the soldier’s detention and stated that the U.S. Department of State is providing consular support.
Rep. Michael McCaul expressed concern, citing Putin’s history of holding American citizens, NBC News has reported.
read more: https://www.nbcnews.com/politics/rcna150928
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Paramount bidders await word from special committee evaluating options
A special committee of the Paramount Global board convened to assess offers for the company, following the end of exclusive negotiations with Skydance Media without reaching a deal.
Rival bidders, including Sony and Apollo, are awaiting updates on the next steps.
The special committee reportedly approved initiating deal discussions with Sony and Apollo, with a potential focus on Apollo acquiring the CBS broadcast license rights. However, this information remains unconfirmed by Paramount’s spokesperson.
Sony Pictures Entertainment and Apollo Global Management had expressed interest in acquiring Paramount, but the committee has not yet contacted Sony.
Meanwhile, Skydance, engaged in discussions with Paramount and its controlling shareholder Shari Redstone, is evaluating its options, Reuters reported.
read more: https://finance.yahoo.com/news/1-paramount-bidders-await-word-183430188.html
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Yellen Counsels Caution on Currency Intervention After Yen Surge
US Treasury Secretary Janet Yellen addressed the recent significant fluctuations in the value of the yen, refraining from confirming whether Japan had intervened to support its currency.
Yellen, speaking to reporters in Mesa, Arizona, described such assertions as “rumors.”
While acknowledging the yen’s notable movement, she emphasized the expectation for interventions to be infrequent and conducted through consultation.
Japanese authorities were reportedly active in the market twice over the past week, responding to factors such as the yen weakening beyond a significant threshold against the dollar and comments from Federal Reserve Chair Jerome Powell, Bloomberg reported.
read more: https://finance.yahoo.com/news/yellen-counsels-caution-currency-intervention-235128407.html
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Planters nuts recalled after discovery of potentially fatal contamination
Hormel Foods Sales LLC, based in Minnesota, has issued a recall for two Planters products produced at one of its facilities due to potential contamination that could lead to fatal infections.
The affected products, Honey Roasted Peanuts and Deluxe Lightly Salted Mixed Nuts, were distributed to Publix warehouses in Florida, Georgia, Alabama, and North Carolina, as well as Dollar Tree warehouses in South Carolina and Georgia.
The contamination with listeria monocytogenes, discovered after production and distribution in April, poses a risk particularly to vulnerable populations such as young children, elderly individuals, and those with weakened immune systems.
Symptoms of listeria infection include high fever, severe headache, stiffness, nausea, abdominal pain, and diarrhea. Pregnant women are at risk of miscarriages or stillbirths if infected.
The recall is limited to specific package sizes and UPC codes, with detailed information provided for consumers to identify the affected products, Fox Business reported.
read more: https://www.foxbusiness.com/fox-news-food-drink/planters-nuts-recalled-discovery-potentially-fatal-contamination
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GOP Senate candidate announces ‘Deport Them All’ border initiative
Jeff Gunter, a former Trump administration official and current Senate candidate in Nevada’s competitive GOP primary race, has launched an initiative to address the crisis at the southern border.
Dubbed “Build the Wall, Deport Them All,” Gunter’s stand mirrors many of Trump’s border policies, including continuing wall construction and collaborating with local businesses to identify illegal immigrants impacting their operations.
The initiative also includes a tip line for reporting suspicious activity. Gunter criticized President Biden’s reversal of Trump’s “Remain in Mexico” policy, highlighting the need for strong border measures.
He pledged $1 million of his own money to fund the project, which will also involve creating a website and launching an advertising campaign, the Washington Times have reported.
read more: https://www.washingtontimes.com/news/2024/may/4/gop-senate-candidate-announces-deport-them-all-bor/
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Sadiq Khan Re-elected Mayor of London in Latest Win for Labour
Sadiq Khan, the two-term center-left mayor of London, secured his third consecutive victory in the mayoral election with a wider margin than expected.
Khan, representing the Labour Party, first assumed office in 2016, making history as London’s first Muslim mayor.
Despite predictions of a potentially tight race, Khan won over 43% of the vote, surpassing his opponent Susan Hall of the Conservative Party who secured around 32%.
The election took place amidst setbacks for the Conservatives in other local and mayoral contests.
Khan’s victory comes despite challenges such as changes in the electoral system and requirements for voter photo ID, DNYUZ has reported.
read more: https://dnyuz.com/2024/05/04/sadiq-khan-re-elected-mayor-of-london-in-latest-win-for-labour-party/
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Trump Demands Jack Smith Be Arrested After Document Revelation
Donald Trump has taken to Truth Social to demand the arrest of Special Counsel Jack Smith following revelations that some evidence in the Mar-a-Lago classified documents case has been altered.
Trump alleges “blatant evidence tampering” and calls for the case to be dismissed, labeling it an “Election Interference Scam.”
Federal prosecutors, responding to a request for trial delay from one of Trump’s co-defendants, Walt Nauta, acknowledged discrepancies in the sequence of materials retrieved from Mar-a-Lago, citing factors such as the size and shape of items in the boxes.
Smith’s team refutes claims of inaccuracy in provided indexes and asserts that the location of classified materials within the boxes does not impact the case, Newsweek reported.
read more: https://www.newsweek.com/donald-trump-arrest-jack-smith-classified-documents-1897287
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Louisiana medical student suffers brain damage after being pushed into lake by friends
The family of a 26-year-old Louisiana man, Christopher Gilbert, is seeking justice after he suffered brain damage when a friend allegedly pushed him into a lake despite knowing he couldn’t swim.
The incident occurred on April 14 at a lakefront restaurant in Farmerville. Gilbert’s mother, Yolanda George, received a frantic call from a friend reporting that Gilbert had fallen into the lake and had been underwater for about 20 minutes.
Gilbert, an aspiring medical doctor, was rescued and hospitalized, initially deemed brain-dead. However, he later regained consciousness.
Investigations revealed that a female friend had pushed Gilbert into the water, admitting to it later.
While the incident was labeled as “horseplay” by some, Gilbert’s family believes it was a criminal act, The Guardian reported.
read more: https://www.theguardian.com/us-news/article/2024/may/05/louisiana-man-brain-damage-lake
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Young boy dies in Texas floodwaters as authorities make more than 200 rescues
Following heavy rainfall in Texas, the body of a young boy was discovered in floodwaters near Fort Worth on Sunday.
This marks the first reported fatality amidst storms prompting disaster declarations in over a third of the state’s counties.
The boy was found after a vehicle got stuck in rapidly moving water, leading to a 911 call reporting occupants swept into the floodwaters while seeking safety.
Despite rescuing a man and a woman, authorities were unable to save the boy. Floods have displaced thousands, with over 200 rescues in Harris County alone.
While Houston saw no deaths or serious injuries, the impact on livelihoods and infrastructure has been significant, CNN reported.
read more: https://www.cnn.com/2024/05/05/weather/texas-rivers-flooding-rain-forecast/index.html
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Mystik Dan wins historic Kentucky Derby in three-way photo finish
In the 150th edition of the Grade 1, $5 million Kentucky Derby, Mystik Dan clinched victory in a thrilling three-way photo finish against Sierra Leone and Forever Young.
Trained by Kenny McPeek and ridden by jockey Brian Hernandez Jr., Mystik Dan’s win marked the first Oaks-Derby double since 1952.
McPeek and Hernandez had also triumphed in the Kentucky Oaks with Thorpedo Anna the previous evening.
The last jockey-trainer duo to achieve this feat was Calvin Borel in 2009, the Lexington-Herald Leader has reported.
read more: https://www.kentucky.com/sports/horses/kentucky-derby/article288288140.html
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Iranian IRGC Warship Crosses Equator For First Time
An Iranian warship, Shahid Mahdavi, reportedly equipped with drones and missiles, has crossed into the Southern Hemisphere, as per Iran’s IRIB state radio on May 4.
The vessel, operated by Iran’s Islamic Revolutionary Guards Corps (IRGC), was converted from a container ship over a year ago, but its exact location remains undisclosed.
This marks the first instance of the IRGC deploying a warship on a long-range mission, Radio Free Europe has reported.
read more: https://www.rferl.org/a/iran-military-irgc-ship/32933233.html
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CIA chief headed to Qatar for ’emergency’ meeting on Gaza talks
CIA Director Bill Burns is headed to Doha for urgent discussions with Qatar’s Prime Minister Mohammed bin Abdulrahman Al-Thani regarding mediation efforts in the Israel-Hamas conflict.
Qatar, along with the US and Egypt, has been engaged in negotiations aimed at securing a ceasefire in Gaza and the release of hostages, Barron’s reported.
Despite recent talks in Cairo yielding no breakthrough, efforts continue, with Qatar playing a significant role due to its hosting of Hamas’s political leadership and its strategic partnership with the US, which includes hosting the largest American military base in the region.
read more: https://www.barrons.com/news/cia-chief-headed-to-qatar-to-discuss-gaza-truce-negotiations-source-13170df4
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Bodies of murdered Australian, US surfers identified in Mexico
Three surfers, two Australians and an American, were found dead in Mexico, their bodies showing signs of execution-style shootings.
Callum and Jake Robinson, Australian brothers, and their American friend Jack Carter Rhoad were identified by relatives after a suspected robbery turned fatal. Authorities discovered their bodies near their burned pickup truck.
Three suspects are in custody, with one having a history of violence and crime.
The tragic incident sparked mourning across nations, with the lacrosse community and Australian Treasurer expressing condolences, AFP has reported.
read more: https://www.yahoo.com/news/bodies-mexico-presumed-missing-surfers-201432409.html
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Lavish 2,200-year-old tomb of Chinese emperor unearthed
Archaeologists in eastern China have uncovered a remarkable 2,200-year-old tomb believed to potentially belong to an emperor of the Chu state, a significant figure during a pivotal period in Chinese history.
The Chu state was part of the seven Warring States, whose eventual unification marked the beginning of modern China.
The tomb was discovered at the Wuwangdun archaeological site, where previous excavations revealed a vast cemetery encompassing chariots, sacrifice pits, and another tomb presumed to belong to the cemetery’s owner.
The newly unearthed artifacts, including bronze vessels, musical instruments, and lacquerware, date back to around 220 BC.
Notably, a coffin inscribed with over 1,000 characters was also found, the Independent has reported.
read more: https://www.independent.co.uk/news/science/archaeology/chinese-emperor-lavish-tomb-archaeology-b2536979.html
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Mysterious Spiral ‘UFO’ Sightings Reported Across US, Europe
This week, social media has been buzzing with reports of mysterious spiral UFO sightings across the United States and Europe.
Witnesses described seeing objects emitting haze in the night sky, sparking curiosity and speculation. Sightings were documented in various locations, including Ukraine, Finland, Arizona, and California.
Interest in unidentified aerial phenomena (UAP), commonly known as UFOs, has surged, particularly following expert testimonies before a congressional committee in July 2023, raising concerns about national security.
Reports and images shared on platforms like X (formerly Twitter) captured the attention of users, with some describing unusual lights moving erratically in the sky.
Despite clear skies, witnesses noted a haze surrounding the objects, adding to the intrigue, Newsweek reported.
read more: https://www.newsweek.com/ufo-sightings-california-arizona-europe-1897031
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Sun Unleashes Extremely Powerful Solar Flare, Pacific Region Hit
A powerful solar flare caused widespread radio disruptions across the Pacific region this week, with the eruption lasting for 12 minutes on April 30.
Near X-class solar flares, the most potent type, were released during this event. Solar flares occur when magnetic fields in and around the Sun reconnect, releasing built-up magnetic energy.
These flares are classified by their strength, ranging from X-class to M-class, then C-class, and finally B-class.
The April 30 flare, measured at M9.53, just fell short of being classified as an X-class flare.
It affected the Earth’s upper atmosphere, causing disruptions in radio signals for approximately 30 minutes.
The flare originated from sunspot region AR3654, marking the most powerful eruption from this area to date, NDTV reported.
read more: https://www.ndtv.com/science/sun-unleashes-extremely-powerful-solar-flare-pacific-region-hit-5571435
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China launches moon probe as space race with US heats up
China successfully launched its most intricate lunar mission yet, the Chang’e-6 probe, aiming to retrieve samples from the far side of the moon, a historic feat for the nation’s space program.
The launch from the Wenchang Space Launch Center signifies a pivotal moment in China’s goal to establish itself as a leading space power, with plans to land astronauts on the moon by 2030 and establish a research base on its south pole.
As countries worldwide, including the United States, increasingly recognize the strategic and scientific advantages of lunar exploration, China’s 53-day mission holds promise for uncovering valuable insights into the moon’s evolution and the solar system’s history, CNN reported.
read more: https://www.cnn.com/2024/05/02/china/china-change-6-moon-probe-launch-intl-hnk-scn/index.html
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AI engineers report burnout and rushed rollouts
Last year, an AI engineer at Amazon faced an unexpected deadline over the weekend, disrupting plans with friends visiting from out of town.
This scenario, familiar to many in the field, highlighted the pressures of the AI industry.
Engineers across Big Tech companies, including Google and Microsoft, described the intense pace and constant pivots in projects, driven by the fear of falling behind competitors in what Nvidia’s CEO likened to the “iPhone moment” for AI.
Speaking anonymously due to company policies, these workers detailed a culture focused more on meeting investor expectations and outpacing rivals than on addressing real-world concerns or ensuring quality work.
Many expressed burnout from long hours and ever-changing mandates, with some considering leaving their roles or departments, CNBC reported.
read more: https://www.cnbc.com/2024/05/03/ai-engineers-face-burnout-as-rat-race-to-stay-competitive-hits-tech.html
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An AI tool used in thousands of criminal cases is facing legal challenges
Law enforcement agencies and prosecutors across the United States are increasingly utilizing a little-known artificial intelligence tool called Cybercheck to aid in the investigation, charging, and conviction of suspects involved in serious crimes like murder and human trafficking.
However, as its usage expands, defense attorneys have raised concerns about its reliability and transparency.
The software, developed by Adam Mosher, claims to leverage machine learning to gather publicly available information from the internet, assisting in identifying suspects and their whereabouts.
Despite assertions of over 90% accuracy and efficiency, questions persist about the software’s methodology and independent verification.
In some cases, judges have barred its evidence due to lack of reliability or refusal to disclose its workings, NBC News reported.
read more: https://www.nbcnews.com/news/crime-courts/ai-tool-used-thousands-criminal-cases-facing-legal-challenges-rcna149607
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Ferrari appeals to traditional base with two new V12 cars
Luxury sports car manufacturer Ferrari has introduced two new models, the 12Cilindri and the 12Cilindri Spider, targeting enthusiasts of high-performance petrol engines.
Unveiled at an event in Miami, these models signify Ferrari’s initial releases of the year, following five launches in 2023, as the company continues its strategy of introducing new models to engage its affluent clientele.
Despite the industry’s push towards electrification, Ferrari remains committed to producing traditional internal combustion engine cars (ICE), buoyed by exemptions for vehicles using e-fuels from the European Union’s planned phase-out of ICE vehicles.
The 12Cilindri and 12Cilindri Spider draw inspiration from Ferrari’s classic GT models of the past and feature the iconic 12-cylinder petrol engine, delivering 830 horsepower and a top speed exceeding 340 kilometers per hour.
Priced at 395,000 euros and 435,000 euros respectively, these models are positioned at the medium-high end of Ferrari’s price range.
Initial deliveries are scheduled for the final quarter of 2024 and the first quarter of 2025, Reuters reported.
read more: https://www.reuters.com/business/autos-transportation/ferrari-appeals-traditional-base-with-two-new-v12-cars-2024-05-03/
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American oil tycoon accused of trying to conspire with OPEC to inflate prices
Scott Sheffield, the founder and former CEO of Pioneer Natural Resources, allegedly attempted to collude with OPEC and its allies to manipulate oil prices, according to federal regulators.
The Federal Trade Commission (FTC) claimed that Sheffield exchanged numerous text messages with OPEC officials, discussing pricing, production, and oil market dynamics.
These communications aimed to coordinate oil production in the Permian Basin with OPEC and OPEC+ countries, in violation of the free market principles governing US oil production.
Sheffield retired from Pioneer in December 2023, but the FTC’s approval of Pioneer’s sale to ExxonMobil for $60 billion included provisions preventing Sheffield from involvement with Exxon, CNN reported.
read more: https://www.cnn.com/2024/05/02/energy/oil-ceo-opec-scott-sheffield/index.html
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Trump Media’s accounting firm charged with ‘massive fraud’
BF Borgers, the independent accounting firm for Trump Media & Technology Group, faced charges from the Securities and Exchange Commission (SEC) for widespread fraud and operating a “sham audit mill.”
The SEC accused the firm of deliberate and systemic failures, including fabricating audit documentation and falsely representing compliance with accounting standards.
The fraud, occurring between January 2021 and June 2023, affected over 1,500 SEC filings and 500 public companies.
As a penalty, BF Borgers was permanently suspended from practicing as accountants before the SEC, and its owner agreed to pay $14 million in fines.
Trump Media, although not implicated in the charges, announced plans to seek new auditing partners. The firm served as Trump Media’s accounting firm before the company went public.
Despite its high-profile status, Trump Media was one of 350 clients of BF Borgers under SEC rules, CNN has reported.
read more: https://www.cnn.com/2024/05/03/business/trump-media-accounting-firm-charged-fraud/index.html
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US economy adds 175K jobs in April, falling short of expectations
The latest report from the Labor Department revealed that the U.S. economy added 175,000 jobs in April, slightly below economists’ expectations, while the unemployment rate rose to 3.9 percent.
This comes after the Federal Reserve decided to maintain interest rates amid concerns over inflation and economic indicators.
Fed Chair Jerome Powell emphasized the need for caution in considering rate cuts due to lingering inflationary pressures.
President Biden, facing criticism over economic performance and inflation, could benefit from the positive job gains, but the slower growth may provide the Fed with more flexibility to address economic concerns.
High interest rates have increased borrowing costs for Americans, contributing to rising household debt and delinquency rates.
Biden’s handling of the economy and inflation is receiving low approval ratings, with former President Trump seen as a more favorable candidate on economic issues, The Hill reported.
read more: https://thehill.com/business/4639861-u-s-economy-adds-175k-jobs-in-april/
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UK’s Conservatives set for historic losses as Labour urges election
Britain’s Conservative Party suffered significant setbacks in local elections, strengthening expectations of a Labour Party comeback after 14 years out of power.
Labour secured control of councils in England that they haven’t held for decades and won a crucial by-election for Parliament, hinting at a potential major defeat for the Conservatives in the upcoming general election.
While Prime Minister Rishi Sunak faced disappointing results overall, the re-election of the Conservative mayor of Tees Valley offered some relief, potentially averting a revolt within the party.
Labour leader Keir Starmer celebrated impressive results, though concerns arose in areas with large Muslim populations due to Labour’s pro-Israel stance on the Gaza conflict, the Associated Press reported.
read more: https://apnews.com/article/uk-election-conservatives-labour-sunak-starmer-71b0348dc6057513bb73f32385039df4
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