Reported 8 months ago
Dutch beach volleyball player Steven van de Velde, who raped a 12-year-old British girl, has qualified for the Paris Olympics despite serving only 12 months of his prison sentence. Van de Velde, now 29, has been allowed to rehabilitate his Olympic career and will be competing in the national pair at the games. His qualification raises ethical concerns for the International Olympic Committee, given the severity of his crime and the requirement for athletes to act as role models. Van de Velde's comeback remains controversial, with his victims and child protection organizations expressing dismay at his lack of remorse and self-pity.
Source: YAHOO
Reported 8 months ago
LinkedIn co-founder Reid Hoffman criticized the $6 billion valuation of former President Donald Trump's social media company, Truth Social, as being wildly inflated, with the company generating little revenue compared to its valuation. Despite recent fluctuations in its share price, experts like Jay Ritter and Barry Diller have expressed skepticism over the company's valuation, describing it as a 'meme stock' driven more by hype than fundamentals. Trump's stake in the company is currently valued at nearly $4 billion, down from $6 billion in May, but still significantly higher than its revenue generation.
Source: YAHOO
Reported 8 months ago
On June 26, 2024, suspects used Marvel hero 'Black Panther' as packaging for drug-laced coffee. The Criminal Investigation Bureau's Third Division, Second Team, along with the Taichung City Government Police Department's Sixth Division, received a tip-off about a drug manufacturing group led by a suspect surnamed Lin. The group was selling drug-laced coffee in the form of packaged products. After a lengthy investigation, three suspects were arrested, along with the seizure of a packaging plant and over 2,000 finished drug coffee packages, among other evidence. The group attracted young buyers by using popular Marvel movie heroes like 'Iron Man' and 'Black Panther'. Authorities are continuously cracking down on drug-related crimes and urge the public to report suspicious activities to help combat drug crimes in the community.
Source: YAHOO
Reported 8 months ago
The Securities and Exchange Commission (SEC) is still considering its next steps after a court blocked new rules requiring hedge funds and private equity firms to disclose more about their fees and expenses to investors. SEC Chair Gary Gensler mentioned that the agency is assessing how to proceed after an appeals court deemed the regulation an overreach of authority. The ruling was seen as a setback for Gensler's transparency efforts, with hedge fund and private equity firms welcoming the decision and challenging other SEC moves.
Source: YAHOO
Reported 8 months ago
During the Bloomberg Invest conference, Boaz Weinstein from Saba Capital Management expressed that a re-election of President Joe Biden would benefit the US bond market more than a second presidency for Donald Trump. Weinstein highlighted Biden's focus on what's good for America rather than the stock market, emphasizing the potential impact on bonds. While acknowledging Trump's unpredictability could lead to volatility, Weinstein also noted the historical low volatility levels during Trump's term in 2017. Regardless of the election outcome, Weinstein suggested that change typically brings volatility to the market.
Source: YAHOO
Reported 8 months ago
André 3000, the former Outkast rapper and musician, has announced a North American tour this fall in support of his flute-filled solo album 'New Blue Sun'. The tour will run from September to mid-November, covering cities such as New Orleans, Houston, Los Angeles, Chicago, Brooklyn, and more, where fans can enjoy his unique instrumental act. Tickets go on sale on June 28, offering fans an opportunity to experience the mellow sounds of his flute and accompanying band.
Source: YAHOO
Reported 8 months ago
Citi Senior Global Economist Robert Sockin discusses in an exclusive interview with Yahoo Finance the challenges low-income consumers face due to rising food prices, with US Secretary of the Treasury Janet Yellen addressing the inflationary prices observed in grocery stores and restaurants. Sockin highlights the need for policies like value meals to alleviate the burden on consumers, noting the slow adjustment to higher food prices despite income gains, expressing hope for less burdensome conditions in the future.
Source: YAHOO
Reported 8 months ago
Scientists are exploring the idea that a meteor shockwave, rather than a physical impact, could have caused the rapid climate change that led to the extinction of woolly mammoths. Through evidence like elevated levels of combustion aerosols in Greenland's ice cores and the presence of platinum and microspherules in various dig sites, researchers believe a significant meteor explosion near Earth may have triggered a global climate event, supporting the controversial Younger Dryas impact hypothesis. While lacking a physical crater, the team argues that the distribution of shock-fractured quartz at multiple locations indicates a major impact event. Despite being a debated theory, the researchers are convinced that the evidence aligns with a catastrophic event that contributed to the extinction of megafauna like woolly mammoths.
Source: YAHOO
Reported 8 months ago
BTS 成員金泰亨宣布新音樂計畫 'Type 1'，讓粉絲驚訝不已。這個新作品預計將於7月9日推出，而目前尚不清楚是新單曲還是專輯。此消息是在社交媒體上分享的，同時附有一張火辣的封面照片，展示金泰亨身穿無袖在牆邊倚靠，手伸進褲子腰帶的樣子。金泰亨在去年12月寫下一封感人的信，表示他已為自己的18個月服役準備了很多東西，並期待著未來與粉絲一起創造美好回憶。
Source: YAHOO
Reported 8 months ago
Chairs can be utilized for total-body strength exercises at home with benefits for individuals at different fitness levels, including seniors, pregnant women, and advanced exercisers. Chair exercises provide stability, support, and muscle-building opportunities without excessive joint stress. Safety tips, ideal chair features, and a program for optimal chair workouts are also highlighted in the article.
Source: YAHOO
Reported 8 months ago
During the premiere of their movie 'Horizon: An American Saga,' Kevin Costner teared up after hearing his 15-year-old son Hayes praise their work together. Hayes expressed how fun and amazing it was to learn from his dad, who directed him in the film. Costner was visibly moved by his son's words, saying it 'feels good' to receive such praise. The proud dad also shared his experience working with Sienna Miller and highlighted Hayes' growth as an actor during the production.
Source: YAHOO
Reported 8 months ago
Shares of Nvidia surged over 6% on Tuesday, reaching a market cap exceeding $3 trillion, following news that the company entered a partnership to provide AI technology to telecom company Ooredoo in the Middle East. Despite concerns about the sustainability of Nvidia's growth, experts believe that the adoption of AI is still in early stages, with generative AI projected to become a $1.3 trillion market by 2032. With Nvidia stock priced at around 35 times forward earnings, the ongoing AI opportunity presents a promising investment potential.
Source: YAHOO
Reported 8 months ago
Billy Ray Cyrus continues to be embroiled in drama with his third divorce, now accusing his estranged wife, Firerose, of being the abusive one in their marriage. He refuted her allegations of extreme abuse and fraud, claiming she sensationalized the situation for false complaints. Cyrus' attorney and manager also supported his claims, stating that Firerose was the one who had been abusive towards him. Firerose's camp refuted Cyrus' claims, alleging they are abusive tactics to divert from the true allegations against him.
Source: YAHOO
Reported 8 months ago
CNN's Brittney Morgan shares her experience with the Big Joe Noodle Sling pool float, highlighting its unique features and benefits. Made with mesh and filled with buoyant beans, this noodle sling requires no inflation, making it easy to use. The comfortable and stable design ensures a relaxing and enjoyable experience in the water, ideal for those who prefer to keep their head above water. While it may take longer to dry and requires more storage space compared to inflatable floats, its affordable price and overall performance make it a worthwhile choice for summer fun.
Source: YAHOO
Reported 8 months ago
Bailey Anne Kennedy made history by becoming the first transgender woman and Asian American to win the Miss Maryland USA title. At 31 years old, Kennedy decided to compete in her first pageant and ended up making an impact on her community, especially the LGBTQIA+ community, military spouses, and immigrant women. She hopes her win will inspire others to be themselves and pursue their dreams, regardless of age, gender, or background.
Source: YAHOO
Reported 8 months ago
Team USA is taking their own air conditioners to the Summer Olympics in Paris amidst the French environmental plan to not have AC, aiming for the 'greenest games ever.' The US decision has sparked a funny reaction on social media, with many amusingly praising American dedication to air conditioning and humorously expressing support for the move.
Source: YAHOO
Reported 8 months ago
According to the Equipment Leasing and Finance Association (ELFA), U.S. businesses borrowed 11% more in May compared to the previous year to finance equipment investments. Companies secured new loans, leases, and credit lines totaling $10.2 billion, representing a 7% decrease from the previous month. ELFA's President and CEO noted that the decline in volume in April could indicate businesses are waiting for lower interest rates before acquiring equipment. The credit approval rate for U.S. companies in May remained steady at 75%, with ELFA's non-profit affiliate reporting a confidence index of 50.2 for June. A reading above 50 suggests a positive business outlook.
Source: YAHOO
Reported 8 months ago
Danielle Olivera, a long-standing cast member of Summer House, announced she will not be returning in a full-time capacity for the show's ninth season. Olivera expressed that her decision to exit is due to needing to prioritize her company, her people, and herself. However, she mentioned that there is a possibility of making future appearances. The Bravo series has not yet revealed the season nine cast, but the previous season featured familiar faces and some newcomers.
Source: YAHOO
Reported 8 months ago
A new documentary, 'I Am: Céline Dion,' showcases how music legend Celine Dion experienced a 10-minute seizure due to Stiff Person Syndrome (SPS). The film provides an intimate look into Dion's struggles with the rare autoimmune neurological disorder, revealing her determination to overcome its effects and eventually return to the stage despite the challenges posed by SPS.
Source: YAHOO
Reported 8 months ago
Anemia is a health condition where the body lacks healthy red blood cells, causing changes in the body, including nail abnormalities. Anemia nails may appear spoon-shaped with pale nail beds, and changes in color and shape can indicate anemia. Spoon nails (koilonychia) are a common nail irregularity in people with anemia, affecting approximately 5.4%, with researchers attributing this to decreased iron and blood flow. Diagnosing anemia involves physical exams and blood tests, with treatments including dietary changes, supplements, medications, and procedures. Maintaining nail health and seeking medical help for nail changes are important in managing anemia and preventing complications.
Source: YAHOO
Reported 8 months ago
Hollie, a mother of three from the UK, opens up about her experience with postpartum psychosis and the unique opportunity to have her baby with her during treatment in a mother-baby unit. Hollie discusses how having her baby with her accelerated her recovery and strengthened their bond, emphasizing the importance of not separating moms and babies during the postpartum period. She also expresses gratitude for the support from the NHS and hopes that similar resources can be made available to help more moms in need.
Source: YAHOO
Reported 8 months ago
Clario, a software company that provides solutions for drugmakers to advance treatments through clinical trials, has confidentially filed for an initial public offering aiming for a valuation exceeding $10 billion. The Philadelphia-based company, formed in 2021 through the merger of ERT and Bioclinica, generates $1.1 billion in annual revenue with an EBITDA of around $400 million. Clario is working with underwriters such as JPMorgan Chase, Morgan Stanley, Jefferies Financial Group, and UBS Group, targeting a listing in the following year. The company's software assists in collecting and analyzing data for clinical trials, collaborating with pharmaceutical firms, biotechs, and medical device companies on over 26,000 trials resulting in 800 drug approvals.
Source: YAHOO
Reported 8 months ago
The basis trade, a strategy used by hedge funds to profit from price differences between Treasury bonds and futures contracts, is gaining popularity again. However, concerns arise about potential disruptions in liquidity due to the reliance on leverage from borrowing securities. Short positions in Treasuries have increased, and while funding markets remain stable, the ongoing appetite for basis trades could make the markets vulnerable to pressure. Hedge funds may face challenges if volatility erupts, leading to rapid position unwinding and liquidity disruptions in the Treasury market.
Source: YAHOO
Reported 8 months ago
The Body Mass Index (BMI) is commonly used to categorize weight ranges from underweight to obese due to its accessibility and quick calculation using height and weight measurements. However, BMI has limitations and should not be solely relied upon as a diagnostic tool for individuals' health. Beyond BMI, healthcare providers should consider other measures like waist circumference, cholesterol tests, and individual health factors for a more comprehensive assessment. Additionally, BMI may not be accurate for certain ethnic groups or individuals with specific body compositions, highlighting the importance of consulting healthcare professionals for a thorough health evaluation.
Source: YAHOO
Reported 8 months ago
Health officials in the United States are warning of a rise in COVID-19 infections as summer temperatures drive Americans indoors and people travel for vacations and gatherings. Data from the CDC shows increases in cases in 39 states, with no declines reported nationwide. New variants like KP.2, KP.3, and LB.1 are contributing to the spike, with LB.1 showing potential for increased infectivity and evasion of vaccines. Experts recommend vaccination for vulnerable individuals and anticipate updated vaccines targeting variants to arrive in the fall.
Source: YAHOO