Robert Bush pleads guilty to charges relating to Legacy Independent Funeral Directors in Hull. Continue Reading »

The Bowelbabe fund, set up by Dame Deborah James in 2022, helps to support Cancer Research UK. Continue Reading »

Body camera footage showing Tiger Woods straight after he clipped a truck and rolled his car in Florida last month is released by police. Continue Reading »

Damage and travel disruption are likely in the north of the UK with a Met Office named storm expected to sweep through on Saturday. Continue Reading »

Most of the families the BBC has spoken to have completed commercial DNA tests which have confirmed their fears. Continue Reading »

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• Fox-Dominion trial delay 'is not unusual,' judge says • Fox News' defamation battle isn't stopping Trump's election lies Continue Reading »

The judge just announced in court that a settlement has been reached in the historic defamation case between Fox News and Dominion Voting Systems. Continue Reading »

A settlement has been reached in Dominion Voting Systems' defamation case against Fox News, the judge for the case announced. The network will pay more than $787 million to Dominion, a lawyer for the company said. Continue Reading »

The Strait of Hormuz, the vital artery for global oil transit, has been effectively closed since the U.S.-Israel war on Iran started in late February. Continue Reading »

President Trump was said to be unhappy with Pam Bondi's handling of DOJ files about Jeffrey Epstein, and its failure to prosecute his political enemies. Continue Reading »

With the war in Iran now in its fifth week, Amazon said it's adding a 3.5% fuel and logistics surcharge for third-party sellers in the U.S. and Canada. Continue Reading »

Tesla is coming off a year of declining deliveries due in part to increased competition from rivals in China offering lower-cost models. Continue Reading »

The Trump administration is preparing to impose new tariffs on drugmakers that have not struck deals with the president to lower their U.S. drug prices. Continue Reading »

Par AFP © 2026 AFP Le pape Léon XIV s'est prêté pour la première fois au rite du "lavement des pieds" à l'occasion du Jeudi Saint, revenant à une forme plus classique de cette tradition que son prédécesseur François observait auprès de marginalisés.Le pape américain préside les célébrations de la Semaine Sainte commémorant les derniers jours du Christ avant sa résurrection à Pâques pour la première fois depuis son élection à la tête de l'Eglise catholique en mai 2025.Jeudi, en fin d'après-midi, il a célébré la messe de la Cène, à la mémoire du dernier repas du Christ avec ses disciples, à la basilique Saint-Jean-de-Latran, dans le centre de Rome.Le pape de 70 ans, qui avait sur lui un tablier de lin blanc, a versé de l'eau sur les pieds de 12 prêtres romains, avant de les essuyer et de les embrasser, imitant le geste du Christ envers les apôtres, selon la tradition chrétienne.Sous son pontificat (2013-2025), François avait choisi de délocaliser ce temps fort de la Semaine Sainte dans des prisons ou des centres d'accueil pour réfugiés, lavant les pieds d'anciens mafieux, de malades, de migrants ou de femmes détenues en signe d'attention portée aux marginalisés.En avril ... Continue Reading »

Par AFP © 2026 AFP Le procès en appel de l'ex-anesthésiste Frédéric Péchier, condamné en décembre à Besançon à la réclusion criminelle à perpétuité pour 30 empoisonnements de patients dont 12 mortels, se tiendra à Lyon, à une date non encore précisée, a indiqué jeudi le parquet."La chambre criminelle de la Cour de cassation, dans un arrêt du 1er avril 2026, a désigné la cour d'assises du Rhône pour statuer en appel sur la mise en accusation de Frédéric Péchier", a indiqué dans un communiqué le procureur général de Besançon, confirmant une information d'Ici Besançon."Le dossier de la procédure va donc être transmis à la cour d'appel de Lyon. La date du procès en appel n'est pas encore fixée."Le 18 décembre, à l'issue de trois mois et demi de procès, la cour d'assises du Doubs a déclaré Frédéric Péchier, ancien médecin anesthésiste-réanimateur, coupable de 30 crimes d'empoisonnements aggravés commis entre 2008 et 2017 à Besançon, à la clinique Saint Vincent et à la polyclinique de Franche Comté.Il a été condamné à une peine de réclusion criminelle à perpétuité, avec une période de sûreté fixée à la durée maximale de 22 ans.Frédéric Péchier, qui a toujours clamé son innocence, ... Continue Reading »

Par Antoine Joubeau Les États-Unis négocient discrètement avec le Danemark l'accès à trois nouvelles bases militaires au Groenland, révèle le New York Times ce mardi 1er avril. Dans le viseur du Pentagone: le port en eau profonde de Narsarsuaq et la longue piste d'atterrissage de Kangerlussuaq. Les États-Unis négocient discrètement avec le Danemark l'accès à trois nouvelles bases militaires au Groenland, révèle le New York Times ce mardi 1er avril. Dans le viseur du Pentagone: le port en eau profonde de Narsarsuaq et la longue piste d'atterrissage de Kangerlussuaq.Le Pentagone négocie avec Copenhague l'accès à trois nouvelles bases militaires au Groenland, révèle le New York Times ce mardi 1er avril 2026. Cette expansion américaine serait la première dans la région arctique depuis des décennies. Deux de ces sites avaient été abandonnés par les États-Unis, l'un dans les années 1950, l'autre après la Guerre froide.C'est le général Gregory Guillot, à la tête du commandement Nord des États-Unis, qui a ... Continue Reading »

Par AFP Par Kenan AUGEARD © 2026 AFP Des meurtres prémédités, une "absence complète d'émotion": une adolescente de 16 ans a reconnu avoir tué ses grand-parents dans les Ardennes, évoquant selon le parquet leur opposition à sa relation amoureuse avec un garçon de 15 ans, qui a reconnu avoir participé aux faits requalifiés en assassinat.Les deux adolescents sont présentés jeudi après-midi à un juge d'instruction en vue de leur mise en examen pour assassinat, a ajouté le procureur de la République de Reims François Schneider lors d'une conférence de presse jeudi après-midi.Le parquet a requis leur placement en détention provisoire, en maison d'arrêt pour lui et en établissement pour mineurs pour elle.Ils encourent tous deux 20 ans de réclusion criminelle, une durée qui pourrait passer à 30 ans pour la petite-fille, si l'excuse atténuante de minorité n'est pas retenue, a souligné le procureur.Selon leurs récits en garde à vue rapportés par le procureur, c'est l'adolescente qui a indiqué avoir planifié de tuer ses grands-parents, chez qui elle vivait, parce qu'ils s'opposaient à sa relation avec son petit ami. Les grands-parents avaient la garde de l'adolescente.Son petit ami, âgé de 15 ans, était "d'accord avec cette idée" de tuer les ... Continue Reading »

Par AFP Par Anne Pascale REBOUL, Andréa BAMBINO, Paul RICARD © 2026 AFP Les entrepreneurs et hommes de médias Xavier Niel et Matthieu Pigasse ont dressé un sévère réquisitoire de la commission d'enquête sur l'audiovisuel public lors de leur audition jeudi, qui a tourné à l'échange virulent avec son rapporteur, le député ciottiste Charles Alloncle.Xavier Niel, fondateur et actionnaire principal d'Iliad (Free), et Matthieu Pigasse, propriétaire des Inrocks et de Radio Nova, étaient convoqués en tant que co-fondateurs et actionnaires de Mediawan, l'un des leaders européens de la production audiovisuelle et un prestataire de programmes pour le groupe public France Télévisions ("C à vous", "C dans l'air"). Une audition attendue car le rapporteur de la commission a reproché à de nombreuses reprises à Mediawan de se tailler la part du lion dans les contrats avec France Télé, alors que Matthieu Pigasse ne cache pas son hostilité envers le RN, dont l'UDR de Charles Alloncle est un allié.Dans ce contexte, Xavier Niel a adopté d'emblée un ton très offensif avec "Charles-Henri Alloncle" (son patronyme complet), qu'il a accusé d'avoir "transformé (la) ... Continue Reading »

A Ukrainian conscription officer was fatally stabbed in Lviv, western Ukraine, police has reported Read Full Article at RT.com Continue Reading »

Russia is a “pleasant” place to live for Jews, Rabbi Berel Lazar has said Read Full Article at RT.com Continue Reading »

France is facing a fuel crunch after price caps and panic buying sparked shortages at hundreds of TotalEnergies filling stations Read Full Article at RT.com Continue Reading »

German pharma giant Bayer says European drugmakers must raise prices for new medicines to offset US pressure to cut costs for Americans Read Full Article at RT.com Continue Reading »

US President Donald Trump has criticized NATO, accusing European leaders of failing to support Washington in the conflict with Iran Read Full Article at RT.com Continue Reading »

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Угольные и газовые электростанции играют важную роль в обеспечении стабильности нидерландской энергосистемы, компенсируя нехватку выработки энергии при отсутствии ветра и солнца, отмечает телеканал Continue Reading »

В регионе ограничили работу связи и интернета Continue Reading »

Безопасная навигация в Ормузском проливе имеет столь большое значение, что Нидерланды не будут оставаться в стороне и наблюдать, как другие решают эту проблему, отметил министр иностранных дел королевства Том Берендсен Continue Reading »

Сумма исковых требований составила 95,8 млн рублей Continue Reading »

President's spiritual advisor sparks backlash for comparing his life to Jesus... (Top headline, 1st story, link) Related stories:White House deletes footage...OIL SURGES AFTER TRUMP SPEECH...GROUND INVASION THIS WEEKEND?PLAN TO SEIZE URANIUM...IRAN VOWS 'CRUSHING' RESPONSE... Continue Reading »

White House deletes footage... (Top headline, 2nd story, link) Related stories:President's spiritual advisor sparks backlash for comparing his life to Jesus...OIL SURGES AFTER TRUMP SPEECH...GROUND INVASION THIS WEEKEND?PLAN TO SEIZE URANIUM...IRAN VOWS 'CRUSHING' RESPONSE... Continue Reading »

OIL SURGES AFTER TRUMP SPEECH... (Top headline, 3rd story, link) Related stories:President's spiritual advisor sparks backlash for comparing his life to Jesus...White House deletes footage...GROUND INVASION THIS WEEKEND?PLAN TO SEIZE URANIUM...IRAN VOWS 'CRUSHING' RESPONSE... Continue Reading »

GROUND INVASION THIS WEEKEND? (Top headline, 4th story, link) Related stories:President's spiritual advisor sparks backlash for comparing his life to Jesus...White House deletes footage...OIL SURGES AFTER TRUMP SPEECH...PLAN TO SEIZE URANIUM...IRAN VOWS 'CRUSHING' RESPONSE... Continue Reading »

PLAN TO SEIZE URANIUM... (Top headline, 5th story, link) Related stories:President's spiritual advisor sparks backlash for comparing his life to Jesus...White House deletes footage...OIL SURGES AFTER TRUMP SPEECH...GROUND INVASION THIS WEEKEND?IRAN VOWS 'CRUSHING' RESPONSE... Continue Reading »

UN experts say Israel 'emboldened by impunity' for previous journalist killings in Lebanon, Gaza and the West Bank. Continue Reading »

Evangelical pastor Franklin Graham claimed Iranians seek to kill Jews worldwide and said Trump was chosen by God. Continue Reading »

Mohamed Salah hasn’t just become one of Liverpool's greatest players, he’s challenged stereotypes about Muslims. Continue Reading »

The House has failed to hold a vote on the Senate bill, while Trump says he will sign order to pay 'all' DHS employees. Continue Reading »

Bondi had come under fire for what critics called politically motivated prosecutions and her handling of Epstein files. Continue Reading »

Robert Bush pleads guilty to charges relating to Legacy Independent Funeral Directors in Hull. Continue Reading »

The Bowelbabe fund, set up by Dame Deborah James in 2022, helps to support Cancer Research UK. Continue Reading »

Body camera footage showing Tiger Woods straight after he clipped a truck and rolled his car in Florida last month is released by police. Continue Reading »

Damage and travel disruption are likely in the north of the UK with a Met Office named storm expected to sweep through on Saturday. Continue Reading »

Most of the families the BBC has spoken to have completed commercial DNA tests which have confirmed their fears. Continue Reading »

Last year, the president proposed many steep spending cuts that Congress never granted. This time, he may face an even tougher sell. Continue Reading »

As Robert F. Kennedy Jr. calls for medical schools to redesign curriculums, an agency that oversees dozens has deleted diversity standards and added nutrition. Continue Reading »

Doubts that the United States would come to the aid of NATO allies increase each time, prompting Europeans to consider an alliance without Washington. Continue Reading »

President Trump did not define a clear path out of the conflict, which he estimated would end within three weeks. Continue Reading »

It was not clear whether the talks, expected to involve dozens of countries, would satisfy President Trump’s demand that other nations take a more active part in the Iran war. Continue Reading »

The Chinese upstart says it has trained high-performing AI models cheaply, without using the most advanced chips. Continue Reading »

DeepSeek, SoFi and more in the latest Market Talks covering Technology, Media and Telecom. Continue Reading »

DeepSeek is called “amazing and impressive” despite working with less-advanced chips. Continue Reading »

The LinkedIn co-founder is starting Manas AI with “The Emperor of All Maladies” author Siddhartha Mukherjee. Continue Reading »

Apps can add flexibility and freshness to your routine. Just try not to get injured. Continue Reading »

Israel allowed displaced Gazans to begin crossing a military zone that bisects the enclave after a deadlock over hostage releases was broken. Continue Reading »

Troubles at Vanke raise questions about the continued spread of the property crisis and whether the Chinese state will step in. Continue Reading »

Some of the women were held alone for extended periods and spent eight months in tunnels, an Israeli medical official said. Continue Reading »

The alliance mounted its first coordinated response to a suspected sabotage campaign against critical infrastructure after another cable was severed in the Baltic Sea. Continue Reading »

Residents of Goma reported gunfire and shelling after rebels overran Congolese troops. U.N. officials estimated that more than one million displaced people were now inside the city. Continue Reading »

“No Kings” protests have been held since the start of the second Trump administration, protesting his handling of immigration, the economy, foreign intervention, and his governing at large. This past weekend was the third major “No Kings” protest. Continue Reading »

The men's Final Four will be set after a pair of regional finals, while the first two women's teams to reach the Final Four will be decided in a quartet of scintillating March Madness matchups. Continue Reading »

No. 1 UConn advances to the Final Four after defeating No. 6 Notre Dame, 70-52, with postgame insights, key performances, and what's next in March Madness. Continue Reading »

UConn 73, Duke 72 just 48 hours after Blue Devils 80, St. John's 75 matters more than the consecutive Big East Tournament titles that Rick Pitino's group won. Continue Reading »

Boeing Co. shares rose as much as 5.6% after the Pentagon announced a framework deal with the company to triple production of a crucial Patriot missile component over seven years. Continue Reading »

The contract framework, which will be spread across seven years, will match Lockheed Martin's push to surge production on the PAC-3 MSE all-up round. Continue Reading »

Boeing delivered 600 airplanes last year—close to double from the previous year and the most since 2018. Continue Reading »

You could almost hear a sigh of relief from Nasa on Wednesday as its Artemis II rocket finally blasted off. There's a lot riding on this mission - the safety of its four astronauts, Nasa's reputation, and the credibility of America's claim to be leading the new global space race. There are mundane questions too: Could the onboard toilet break again? When can the crew nap? Continue Reading »

For the first time in more than half a century, people around the world can look to the sky and know somewhere up there a crew of astronauts is on its way to the Moon. They are NASA astronauts Reid Wiseman (commander), Victor Glover (pilot), and Christina Koch (mission specialist), and Canadian Space Agency astronaut Jeremy Hansen (mission specialist). At 6:35 p.m. ET on April 1, they charged off the launch pad at Kennedy Space Center in Florida aboard the largest spacecraft built to carry humans into deep space and atop the most powerful human-rated rocket NASA's ever constructed. Continue Reading »

NASA is sending four astronauts — three from the United States and one from Canada — on a trip around the moon and back without landing there. This is the first time that anyone would travel this far from Earth since Apollo 17 in 1972. The flight launched at 6:35 p.m. Eastern time on April 1. If Artemis II succeeds, missions that return astronauts to the moon's surface could follow later in the decade. Here's what to know about the mission, and the astronauts making the trip. Continue Reading »

Shocking pictures showing Kristi Noem's husband cross-dressing revealed a "crazy" oversight in security vetting because they could have made the former Secretary of Homeland Security vulnerable to blackmail, senior security experts told The Post.The pictures of Bryon Noem wearing comically oversized lopsided breasts — complete with fake protruding nipples — reportedly left Kristi Noem "blind-sided" after they were obtained and published by the Daily Mail on Tuesday.But Noem's remarks could reveal problems with her vetting for the top job overseeing domestic US security, according to former CIA agent Tracy Walder. Continue Reading »

When President Donald Trump says "nobody" knew or expected something, that often means lots of people knew or expected it. Trump made wildly inaccurate "nobody" claims about multiple subjectsduring his first presidency. Perhaps most famously, he declared in 2017, while trying and failing to pass a replacement for Obamacare, that "nobody knew health care could be so complicated." He's now doing it again amid the war with Iran. Continue Reading »

The US president has repeatedly railed against Western partners for not responding to his call to assemble a naval force to help reopen the crucial Strait of Hormuz, which has effectively been closed by Tehran. Continue Reading »

Trump has expressed growing contempt for North Atlantic allies as they refused to be drawn into his war on Iran Continue Reading »

The Israeli- and U.S.-lad conflict with Iran is causing an 'existential' rift among members of the 77-year-old NATO alliance Continue Reading »

Attorney General Pam Bondi emerged from a House Judiciary Committee hearing in February in an upbeat mood after delivering what she believed was her best, which is to say most bombastically defiant, defense of her handling of the release of the Epstein files. Many others, including some of her allies, thought her testimony — hours of high-volume insults and non sequiturs ("The Dow is over 50,000 now!") — was a miscalculation that only deepened distrust of Ms. Bondi. She even declined to make eye contact with victims of the convicted sex offender Jeffrey Epstein, who were seated behind her. When bad reviews started pouring in, Ms. Bondi did not blame herself. Instead, she told an associate that the committee's Republican chairman, Representative Jim Jordan of Ohio, had refused to defend her and had enabled Democratic questioners, according to people in her orbit speaking on the condition of anonymity to discuss internal deliberations. Continue Reading »

President Donald Trump has outlined the United States' four main objectives for the Iran War in his first national address since the conflict began at the end of February. After the speech had concluded, U.S. Secretary of State Marco Rubio summarized the goals in a post on X as "destroy their weapons factories, destroy their navy, destroy their air force" and "destroy their chances of ever having a nuclear weapon." Rubio added: "The president's leadership sends a message to the world that the United States will defend its people and its interests, and uphold peace through strength." Continue Reading »

The 48-day Department of Homeland Security shutdown is one step closer to ending after the Senate moved to fund most of the department Thursday morning. The Senate agreed via voice vote to send a bipartisan deal funding the whole department except for President Donald Trump's immigration enforcement and border security efforts to the House for consideration. The chamber is not expected to vote on the legislation until House lawmakers return to Washington on April 13. Continue Reading »

Oil prices jump: US President Donald Trump's address to the nation last night — which offered few details of an exit strategy for the war with Iran — rattled oil traders. Both global and US oil benchmarks surged following his address, and average US gas prices are now at $4.08 a gallon. Continue Reading »

Stock futures fell and oil rose after President Trump's prime-time address disappointed investors hoping for a quick end to the Iran war. In an address late Wednesday, Trump said he was still seeking a diplomatic agreement to end the conflict and that U.S. military aims would be completed "very shortly." But he also vowed to hit Iran "extremely hard" in the coming weeks and pummel the country "back to the Stone Ages." The lack of a clear timeline eroded hopes on Wall Street that the war might come to a speedy end and the Strait of Hormuz could open soon, allowing oil to once again flow freely from the Persian Gulf to world markets. Continue Reading »

"Make A Deal Before It's Too Late": Trump Threatens Tehran (Again) As Iran/Oman Draft Protocol To Re-Open Hormuz Summary World's most important oil price hits record high as Trump threatens Iran: "make a deal before it's too late" Oil drops on reports of Iran-Oman coordination to reopen strait. Iran issues Israel/Gulf logistics hubs target list; IRGC targets Amazon Cloud computing center in Bahrain US intelligence assessments say Iran is not ready to negotiate given it believes it has the strategic upper-hand, and doesn't believe Trump is 'serious' about talks: NYT Highest bridge in Iran, connecting Tehran and Karaj, destroyed - amid reports of expanding attacks on civilian infrastructure. Iran threatens Port of Haifa in response. UK's Starmer chairs virtual summit of over 30 countries to discuss methods of how to reopen Hormuz Strait No mention of ceasefire while vowing to keep hitting Iran 'extremely hard' in Wed. night Trump speech. Escalating tit-for-tat overnight strikes. *  *  * President Trump Issues Another Threat: "Make A Deal... Before There's Nothing Left" President Trump just issued another threat after bragging about blowing up Iran's highest bridge: "The biggest bridge in Iran comes tumbling down, never to be used again — Much more to ... Continue Reading »

Gulf States Considering Network Of New Pipelines To Bypass Strait Of Hormuz One month ago, at the start of the war, we said it was surprising that UAE's oil export terminal of Fujairah was not a bigger terminal as it bypasses the Straits completely, and predicted a "major infrastructure push here after the war." Surprising Fujairah is not a bigger oil terminal: it bypasses the straits completely. Expect major infrastructure push here after the war. https://t.co/Do1gK7KBDQ — zerohedge (@zerohedge) March 3, 2026 Couple that with the latest news that the Saudi East-West pipeline is now running at capacity of roughly 7mmb/d (including non-oil products), and one can see the urgency gripping the Gulf in finding alternatives to the Strait of Hormuz which has emerged as Iran's biggest source of leverage in the war. And that's just the start. Confirming our observation from a month ago, the FT writes today that the threat of open-ended Iranian control over the Strait of Hormuz is pushing Gulf countries to revisit costly plans for pipelines to bypass the choke point so they can continue to export oil and gas. According to officials and industry executives, new pipelines may be the ... Continue Reading »

Trump Fires Pam Bondi As Attorney General, Blanche To Be Acting AG Update (1315ET): President Donald Trump has ousted Attorney General Pam Bondi, multiple outlets report. Deputy Attorney General Todd Blanche is serving as acting AG in the interim. The move comes amid White House frustration with Bondi’s leadership at the Justice Department -  particularly her handling of the Jeffrey Epstein files and what Trump viewed as insufficient aggression in targeting his political opponents. Trump had privately discussed firing her and floated EPA Administrator Lee Zeldin (or Blanche) as a possible replacement. Bondi met with Trump in the Oval Office Wednesday night ahead of his speech to the nation on the war in Iran, where she reportedly was informed of her ouster, according to two sources familiar with the meeting.  One of those sources said that by the time Trump took his place behind the podium for the address, Bondi already lost her job and was on her way back to Florida. -Fox News And according to the WSJ, Trump weighed firing her in January but was persuaded not to do so.  In a Thursday statement, Trump called Bondi "a Great American Patriot and a loyal friend, who ... Continue Reading »

Kremlin Asks US For Ceasefire At Bushehr Nuclear Plant To Get Remaining Russian Staff Out Russia is seeking approval from the US and Israel for a ceasefire for the Bushehr nuclear ⁠power plant in Iran, RIA news agency reported Thursday. Airstrikes across the country have reportedly been on the uptick in the past some 48 hours. "The travel routes will be communicated ‌to the relevant authorities in Israel and the United States, and we will use all channels to request strict adherence to the ceasefire ⁠during the convoy’s movement," the ⁠head of Russia’s state nuclear corporation Rosatom, Alexei Likhachev, stated. Well over 500 Russian personnel were at the site prior to the US launching Operation Epic Fury, and the Bushehr complex has been hit at least three times by airstrikes, putting the complex and area at severe risk. via Anadolu Agency Likhachev said that a "final ⁠wave of evacuation" of some 200 people is tentatively scheduled for next week. There's been a lot of Russian technicians and personnel there given the plant was undergoing expansion, and it's Russia which first constructed Busherh - and so has technical expertise. The Kremlin has accused Washington and Israel ... Continue Reading »

Coinbase Exec Says Senate CLARITY Act Deal On Stablecoin Yield "Very Close" Authored by Amin Haqshanas via CoinTelegraph.com, Coinbase chief legal officer Paul Grewal said the US Digital Asset Market Clarity Act is “moving toward” a markup hearing in the US Senate Banking Committee and could eventually move to a floor vote if senators resolve the stablecoin yield dispute and schedule a markup. Speaking in a Wednesday interview on Fox Business, Grewal said lawmakers are nearing agreement on core elements of the crypto market structure bill, even as debate continues over stablecoin yield. “I think we’re very close to a deal,” he said. The remarks point to possible movement on one of the last major sticking points in Senate talks over crypto market structure legislation: whether stablecoin issuers or platforms should be allowed to offer yield or similar rewards. The dispute has helped delay a Senate Banking Committee markup, leaving the broader effort to set federal rules for digital asset oversight still unresolved. US banks have pushed for restrictions, arguing that such incentives could draw deposits away from traditional institutions and disrupt the banking system. Grewal pushed back on that claim, saying there is no evidence ... Continue Reading »

Private Credit Bank Run Begins: Blue Owl Gates After Shocking 41% Of OTIC Investors Ask For Their Money A week ago, in an attempt to calm the market, Goldman's economists published a lengthy, if at times disjointed, report discussing why a crisis in private credit would not lead to another financial crisis. We are about to find out if they were right.  Recall that in mid-March, while attention was understandably focused on the Iran war, we explained why Blue Owl's February decision to commence liquidations of loans in its three core private credit funds to fund current and future redemptions, was the industry's "Margin Call" moment, to wit:  First it was Blue Owl, the largest pure play Private Credit fund with over $300 billion in AUM. The company, the first to face massive redemption demands, refused to gate investors and instead announced it would sell $1.4 billion in private loans (it was unclear which loans were sold, but Goldman suggested that these are likely the best ones so as to find willing buyers, leaving the company with the toxic sludge) from its three BDCs (OBDCII, OBDC and OTIC) at 99.7 cents (a ... Continue Reading »

CEO Of Largest Public Hospital System Says He's Ready To Replace Radiologists With AI By Marty Stempniak of Radiology Business, The chief executive of America’s largest public hospital system says he is prepared to start replacing radiologists with artificial intelligence in some circumstances, once the regulatory landscape catches up.  Mitchell H. Katz, MD, president and CEO of NYC Health + Hospitals, recently spoke during a panel discussion held by Crain’s New York Business. The trained internal medicine specialist noted how AI is increasingly being used to interpret mammograms and X-rays.  This presents an opportunity to save on how much hospitals spend on radiologists, who have become more costly amid rising demand for imaging, Crain’s reported Thursday.  “We could replace a great deal of radiologists with AI at this moment, if we are ready to do the regulatory challenge,” Katz said at the forum, held on March 25.  Katz—who has led the 11-hospital organization since 2018—said he sees great potential for AI to increase access to breast cancer screening. Hospitals could potentially produce “major savings” by letting the technology handle first reads, with radiologists then double-checking any abnormal screenings.  Fellow panelist David Lubarsky, MD, MBA, president and ... Continue Reading »

Iran To Attack Logistical Hubs In Israel, Gulf After Its Tallest Bridge Destroyed Earlier we reported there are signs that the US and Israel are expanding attacks on Iran civilian infrastructure, after reports emerged Thursday that fresh airstrikes hit a highway bridge connecting Tehran and Karaj, according to Fars News Agency. Several people were injured, and multiple areas of Karaj were also struck. The bridge was actually just constructed, having been inaugurated earlier this year. Fars identified it as the B1 bridge, dubbed the highest bridge in the Middle East. Tehran also continues to get pummeled hard, amid reports that the prior 24 hours saw the biggest wave of Iranian missiles and cluster munitions on Tel Aviv to date. In response to the bridge attack, Iran state media says the country's armed forces are preparing a retaliatory escalation, with plans to hit Israel's core logistical backbone. Tehran's strategy focuses on crippling three critical arteries that sustain Israel's war machine, per state media reports reference in Newsquawk. At the top of the list are key north-south rail chokepoints, among them the Yarkon Bridge - which reportedly handles the vast majority of heavy IDF military transport. ... Continue Reading »

Trump Puts State Farm, Other Insurers On Notice Over Treatment Of California Wildfire Victims Authored by Chris Summers via The Epoch Times (emphasis ours), President Donald Trump on March 31 told State Farm and other insurers to “get their act together” after meeting with California politicians and hearing about the difficulties facing the victims of last year’s wildfires. A home is engulfed in flames during the Eaton fire in the Altadena area of Los Angeles County, Calif., on Jan. 8, 2025. Josh Edelson/AFP via Getty Images Two areas outside Los Angeles were devastated by wildfires in January 2025. In the Palisades fire, the California Department of Forestry and Fire Protection reported that 6,831 structures were lost, 973 were damaged, and 12 people died. When combined with the nearby Eaton fire, which ignited in Altadena, north of Los Angeles, on Jan. 7, 2025, and claimed 18 lives, the two fires destroyed more than 12,000 structures. “I have just met with various Political Representatives of the tragedy that took place in California concerning the burning of thousands of once beautiful homes,” Trump wrote in a March 31 post on Truth Social. “It was brought to my attention ... Continue Reading »

Gulf Energy Shock Spreads To Global Plastics As War Sparks Force Majeure Wave Building on our earlier "Global Demand Destruction" note, which mapped how the Gulf energy shock is spreading globally and the immediate effects of rationing, price controls, and fuel shortages, another second-order disruption is quickly emerging: supply chain disruptions in critical plastic feedstocks. Plastics are core to the modern economy, and a troubling new Bloomberg report indicates that several producers of monoethylene glycol (MEG) and purified terephthalic acid (PTA) have declared force majeure, as tanker flows through the Strait of Hormuz remain heavily disrupted. For context, MEG and PTA are the two primary feedstocks used to produce polyethylene terephthalate (PET) and polyester fibers. These petrochemicals are critical to the production of everyday consumer goods that make life in the developed world convenient, including plastic bottles, food packaging, clothing, home furnishings, and a wide range of consumer and industrial goods. More specifically, MEG is used in the production of polyester yarn, polyester staple fiber, PET resin, and PET film. It also plays a critical role in antifreeze, coolants, adhesives, coatings, and enamels. In other words, MEG and PTA are foundational petrochemical building ... Continue Reading »

April Fools And The Last Supper By Benjamin Picton, senior market strategist at Rabobank Wednesday saw the unusual occurrence of three Anglosphere heads of government delivering televised addresses to their respective nations within 24 hours of each other. When news broke that Australia’s PM Albanese, Britain’s PM Starmer and US President Trump would all be interrupting regular programming to speak to their people, reactions ranged from jubilant speculation that the war is about to end all the way through to nervousness that Operation Iranian Freedom was about to be announced. Judging by the price action in markets, the latter was certainly seen as the less likely of the two as stocks rose sharply across Asia, EMEA and the Americas, while Brent crude briefly dipped below the $100/bbl mark. Singapore gasoil spot prices fell by 22.7% - it’s largest daily move (up or down) of the war so far. Those moves are now revealed as an April Fool’s rally as Donald Trump’s address to the nation has sent oil bid, bond yields surging, high-beta FX lower and early rallies in Asian stocks have now turned deeply negative. Trump declined to announce that the ... Continue Reading »

"Everything About This Market Is Wild": European Diesel Futs Top $200 As Global Scramble Accelerates The global tug-of-war for fuel looks set to accelerate, with traders scrambling to secure supplies even more aggressively after President Trump showed no signs of an end to hostilities (and a reopening of the Strait) any time soon. The longer the Strait of Hormuz remains closed, the more intense the competition is likely to become. Traders have warned that Europe is at risk of diesel shortages in the coming weeks. “Everything about this market is wild,” said Philip Jones-Lux, a senior oil analyst at energy analytics firm Sparta Commodities. “Europe is still short of diesel, but the situation in Asia is so much more acute that prices there are pulling barrels halfway around the world.”. Nevertheless, Europe’s diesel futures rose to the highest level since 2022, as the Iran war hits supply of the fuel that powers the global economy. As Bloomberg reports, futures traded as high as $1,498 a ton, or more than $200 a barrel, as they surged as much as 9.7% in London. Prices have almost doubled since the war in the Middle East started over a month ago ... Continue Reading »

"A Defining Moment": Nano Nuclear Submits Construction Permit For Kronos Reactor In Illinois Nano Nuclear submitted a Construction Permit Application (CPA) to the U.S. Nuclear Regulatory Commission (NRC) for their Kronos microreactor project at the University of Illinois. The filing marks the latest step in a project we’ve tracked since site characterization began last fall. Watch: Modular Energy Pioneer Nano Nuclear Begins Drilling First Reactor In Illinois https://t.co/hUcFvtXfaD — zerohedge (@zerohedge) October 24, 2025 Kronos is a high-temperature gas-cooled reactor (HTGR) engineered for commercial deployment. It delivers 15 megawatts of carbon-free baseload power using meltdown-resistant TRISO fuel and helium coolant. The design emphasizes walk-away safety, autonomous operation during grid outages, and scalability through multiple units. Intended uses include powering artificial intelligence data centers, industrial electrification, military bases, and remote communities.  Nano Nuclear acquired the technology in 2024 from Ultra Safe Nuclear Corp. and positioned it as one of the first commercially ready microreactor platforms. The University of Illinois partnership targets the first full-scale Kronos research reactor deployment. We detailed the October 2025 launch of geotechnical drilling and site characterization work, followed by a ceremonial groundbreaking. Those steps built on state support from Illinois Governor ... Continue Reading »

When Will This Sh*t Stop? Authored by Steve Watson via Modernity.news, A career criminal with 23 prior arrests and 70 charges was allowed to roam free until she stabbed a pregnant woman in broad daylight outside a Harris Teeter in Charlotte’s Cotswold Village Shopping Center on March 18.  The 38-year-old victim was loading her car with her three-year-old child nearby when Marvina Marie Hardy (also known as Marvina Marie Hardy-Butler), 40, of Waxhaw, attacked her with a steak knife, stabbing her in the sternum.  The victim fought back. Both she and her unborn baby are expected to recover. 🚨 HOLD JUDGES ACCOUNTABLE — RIGHT NOW. Career criminal with 23 prior arrests and 70 charges just stabbed a pregnant woman in a North Carolina parking lot. She should’ve been locked up for life years ago. Mercy to the guilty is cruelty to the innocent pic.twitter.com/cW3vQUzVvV — Gunther Eagleman™ (@GuntherEagleman) March 31, 2026 Hardy was tracked to Flagler County, Florida, after public tips and surveillance video from inside the store helped identify her.  She now faces extradition to North Carolina on charges of assault with a deadly weapon with intent to kill/inflict serious injury and battery of an unborn child. The motive remains unknown. This preventable horror ... Continue Reading »

Tesla Delivers 358,023 Vehicles In Q1, Missing Wall Street Expectations For Second Consecutive Quarter Tesla reported a disappointing first quarter, delivering 358,023 vehicles worldwide, falling short of Wall Street expectations of about 372,000, according to Bloomberg-compiled estimates and the company’s own release. The miss marks Tesla’s second consecutive quarter below forecasts, underscoring continued pressure on its core automotive business as it navigates slowing electric-vehicle demand and a more competitive global market. Despite the shortfall, deliveries were still up 6.3% year over year, benefiting from an easier comparison period when production of the Model Y was temporarily paused across multiple factories and the company faced consumer backlash tied to CEO Elon Musk. Even so, the results highlight the growing challenges Tesla faces in sustaining growth in its main revenue-generating segment, even as investor focus has increasingly shifted toward its longer-term bets on artificial intelligence, autonomous driving, and robotics. As Bloomberg noted this week, a slower pace of growth may persist. Demand for EVs is cooling globally, US buyers no longer benefit from federal tax credits, and Tesla’s lineup is narrowing as Models S and X are phased out, all while competition intensifies. “If they ... Continue Reading »

Globalstar Soars On Amazon Buyout Report Amid Satellite Constellation Race Globalstar shares surged 12% in premarket trading in New York... ...marking their biggest jump in nearly five months, after the Financial Times reported overnight that Amazon is in talks to acquire the satellite operator, a move that would certainly intensify the race to build satellite constellations.  The FT cited people familiar with the Amazon-Globalstar talks and said both sides are still negotiating over "some of the complexities," including the fact that Apple owns a 20% stake in the satellite communications company, which operates 24 satellites in low Earth orbit, arranged in a Walker-24 configuration, and sells services for emergency messaging, asset tracking, remote voice/data links, and IoT connectivity in places where cell coverage is weak or nonexistent. Globalstar powers Apple's emergency satellite feature on iPhones, but that system is far more limited than the high-speed broadband network offered by SpaceX's Starlink. Amazon has deployed around 200 internet satellites into orbit as part of its Leo program, formerly called Project Kuiper. This is dwarfed by the more than 10,000 active satellites operated by Starlink, which provides high-speed internet to more than 10 million customers ... Continue Reading »

Democrats Ask Judge To Block Parts Of Trump's Election Order Authored by Kimberley Hayek and Matthew Vadum via The Epoch Times, Democrats asked a federal judge Wednesday to block parts of President Donald Trump’s executive order on federal elections. The lawsuit challenges Trump’s directive, signed a day earlier, that will create a list of eligible voters in every state and prohibit the U.S. Postal Service (USPS) from sending absentee ballots to those not included on the list. The order, titled “Ensuring Citizenship Verification and Integrity in Federal Elections,” directs the Department of Homeland Security and Social Security Administration to conduct voter information collection. Trump said the executive order was needed because “the cheating on mail-in voting is legendary. It’s horrible what has been going on.” “The right to vote in Federal elections is reserved exclusively for citizens of the United States under the Constitution and Federal law,” the order reads. “The Federal Government has an unavoidable duty under Article II of the Constitution of the United States to enforce Federal law, which includes preventing violations of Federal criminal law and maintaining public confidence in election outcomes.” Trump signed the order after Congress recently failed ... Continue Reading »

'No Hire, No Fire' Economy Continues As Job Cuts Tumble, Claims Near Record Lows U.S.-based employers announced 60,620 job cuts in March, up 25% from 48,307 cuts announced in February. It is down 78% from the 275,240 cuts announced during the same month last year, according to a report released Thursday from global outplacement and executive coaching firm Challenger, Gray & Christmas. “Removing the wave of federal layoffs announced in February and March of last year, job cut announcements in 2026 are closely following the pattern of 2025. Last year it was Government, Retail, and Technology. This year, it’s Technology, Transportation, and Healthcare,” said Andy Challenger, workplace expert and chief revenue officer for Challenger, Gray & Christmas. And affirming this relatively low job cuts level, the number of American filing for jobless benefits for the first time tumbled back to just 202k (from 211k) continuing to hover near record lows... Michigan and Georgia saw the biggest declines in initial jobless claims while Texas and Oregon saw the biggest increases... At the sector level, Technology dominated, announcing 18,720 job cuts in March for a total of 52,050 in 2026. That is an increase of 40% from ... Continue Reading »

Futures, Bonds Tumble, Oil Soars After Trump Dashes Hopes For Early End To Iran War Global risk assets, including US equity futures and global markets, as well as Treasuries and precious metals, tumbled as oil soared with Brent hitting $110 this morning after Trump's late Wednesday speech refused to pivot and dashed hopes that the Hormuz Strait would reopen soon and the war in the Middle East is nearing a swift resolution. As of 8:00am ET, S&P 500 futures dropped 1.7%, reversing yesterday's short squeeze as investors refuse to add to risk positions ahead of the long weekend when many speculate a ground invasion of Iran may begin. Nasdaq 100 contracts slumped 2% amid a premarket selloff in big tech stocks and chipmakers. Tech is getting hit hard with Mag7 and Semis lagging while Cyclicals ex-Energy are underperforming Defensives with both Staples and Healthcare down in absolute terms pointing to broad-based de-risking into the holiday weekend. Energy should have a good day as investors re-gross in the sector and Integrateds are trading up ~3% pre-mkt. Brent soared 8.2% to more than $109 a barrel after Trump pledged more aggressive action against Iran ... Continue Reading »

Colonial Restarts Largest U.S. Gasoline Pipeline After Georgia Damage Summary: Colonial Pipeline's Line 1 flows were restored after the damaged section was repaired in Georgia. Colonial Pipeline's Line 1 halted operations on Thursday night after a third-party work crew caused damage in Paulding County, Georgia. Colonial Pipeline's Line 1 Flows Restart   The good news for U.S. East Coast drivers is that Colonial Pipeline's Line 1 did not suffer a prolonged shutdown. Flows on the nation's largest gasoline pipeline, which runs from Texas to New York, resumed within hours after a third-party work crew damaged a section of the line in Paulding County, Georgia, late Wednesday.  Colonial Pipeline's Line 1 Halted  Colonial Pipeline's Line 1, the largest U.S. gasoline pipeline running from Houston toward the East Coast, has halted operations after a third-party work crew damaged a section of the line in Georgia. Bloomberg reported that the line stopped shipping fuel after the damage occurred on Tuesday in Paulding County, Georgia. "Line 1 is out of service while our team coordinates response and repair efforts," Colonial said in a statement cited by the outlet. The outage hits a critical fuel artery that carries about 1.5 million barrels per day ... Continue Reading »