Saturday, December 20

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British journalist John Cantlie abducted in Syria still hasn’t been found 12 years later | World News
Business

British journalist John Cantlie abducted in Syria still hasn’t been found 12 years later | World News

As rebels set about freeing those imprisoned by the reposed Assad regime, more missing people are being found.Earlier on Wednesday, a man who said he was locked up after crossing into Syria by foot seven months ago was found safe. There were initial suspicions it could have been missing US journalist Austin Tice, who went missing in Syria in 2012, but he and the reporter's family have confirmed otherwise.Syria latest as commander warns ISIS coming out of hidingMeanwhile, the whereabouts of a British journalist taken hostage in Syria in the same year also remain unknown, despite the British government previously claiming he is alive in 2019. John Cantlie has appeared in videos for ISIS and is thought to be the last known British hostage held by the extremist group.He was abducted in Novembe...
Biden grants clemency for nearly 1,500 people, the biggest single-day act of clemency in modern history
World News

Biden grants clemency for nearly 1,500 people, the biggest single-day act of clemency in modern history

By MJ Lee, CNN It is just weeks before the end of President Joe Biden's administration. Photo: JIM WATSON / AFP President Joe Biden announced Thursday that he is commuting the sentences of some 1,500 individuals and pardoning 39 people convicted of non-violent crimes - marking a broad use of the presidential clemency power just weeks from the end of Biden's administration. White House officials are billing Thursday's move as the biggest single-day act of clemency in modern history. The president, who has come under growing pressure to grant more clemencies before he leaves office and who controversially granted a pardon to his son Hunter earlier this month, also promised that additional action will be announced in the weeks to come. "America was built on the promise of possibility an...
What’s inside Quebec, Newfoundland and Labrador’s Churchill Falls tentative deal
Politics

What’s inside Quebec, Newfoundland and Labrador’s Churchill Falls tentative deal

After decades of friction, Quebec and Newfoundland and Labrador have reached a new tentative deal over the long-standing issue of energy. Quebec Premier François Legault met with his Newfoundland and Labrador counterpart Andrew Furey in St. John’s on Thursday in what could be the end to the dispute over the Churchill Falls hydroelectricity plant in Labrador.“Today everything changes for Newfoundland and Labrador,” Furey said. “Today after more than 50 years of a lopsided agreement that has been such a contentious point for Newfoundland and Labrador, we finally have a new deal on the table for Churchill Falls with Quebec.“We are ripping up the 1969 contract. Not in 2041 when it expires, but today.”The provinces announced a new arrangement that will see Quebec pay 30 times more for power fro...
Trump antitrust appointments to unleash M&A ‘animal spirits’, says Morgan Stanley
Business

Trump antitrust appointments to unleash M&A ‘animal spirits’, says Morgan Stanley

President-elect Donald Trump 's picks for top regulators may not lead to a total free-for-all of corporate dealmaking, but they should be more than enough to unleash the pent-up demand for mergers and acquisitions, according to Morgan Stanley. Analyst Ryan Kenny said in a note to clients that the second Trump administration — including the choices of Andrew Ferguson to lead the Federal Trade Commission and Gail Slater to head the Department of Justice's antitrust arm — will be a welcome change for Wall Street investment bankers and CEOs after an aggressive approach to antitrust under the Biden administration. "New Trump appointments at FTC and DOJ likely come with a more traditional, lighter touch antitrust framework. This should drive up animal spirits and improve corporate clarity in an ...
Chess: India’s Gukesh beats China’s Ding to become youngest world champion
World News

Chess: India’s Gukesh beats China’s Ding to become youngest world champion

By Alessandro Parodi, Reuters Dommaraju Gukesh, left, looks reacts while playing against Ding Liren during the world chess championship. Photo: AFP Teenager Gukesh Dommaraju of India became the youngest chess world champion by beating defending champion Ding Liren of China on Friday morning (NZ time) in a dramatic turn of events in the last game of a 14-game match in Singapore. The 18th world champion is at age 18 four years younger than Garry Kasparov, who had been the youngest world champion since 1985 when he beat Anatoly Karpov. Gukesh won the game with the black pieces after Ding wilted under pressure and blundered in what commentators considered to be a comfortable position, snatching the title with a final score of 7.5-6.5. Ding, whose form has plummeted since he beat Russian ...
Former Alberta premier Rachel Notley says she’s resigning from her position as MLA
Politics

Former Alberta premier Rachel Notley says she’s resigning from her position as MLA

Six months after Naheed Nenshi replaced her as leader of the Alberta NDP, former premier Rachel Notley announced she will be resigning from her role as MLA for Edmonton Strathcona. Notley revealed her plans in a social media post on Thursday. She said it is with “mixed feelings” that she plans to send a letter to the Speaker of the Alberta Legislative Assembly to advise she intends to resign effective Dec. 30.“It was last January this year when I announced I would be stepping down as leader of Alberta’s NDP,” Notley wrote. “I was excited and proud to see our membership swell to over 80,000 members as four worthy (leadership) contestants sought their votes in June of this year.“Naheed Nenshi’s selection represents a tremendous opportunity for all Albertans seeking practical solutions to the...
Selena Gomez engaged to record producer Benny Blanco – National
Entertainment, Movies

Selena Gomez engaged to record producer Benny Blanco – National

Descrease article font size Increase article font size Pop singer and actor Selena Gomez announced on Instagram Wednesday that she’s engaged to record producer Benny Blanco. The photo post by Gomez, 32, which showcased her engagement ring and what appears to be a picnic-like setup, is simply captioned “forever begins now.” Story continues below advertisement “Hey wait… that’s my wife,” Blanco, 36, jokingly commented on the post. Get daily National news Get the day's top news, political, economic, and current affairs headlines, delivered to your inbox once a day. The pair went public approximately a year ago, after they worked together on Gomez’s songs I ...
A way to generate income on GM and possibly buy it on the cheap using options
Business

A way to generate income on GM and possibly buy it on the cheap using options

GM's decision to integrate Cruise into its operations and pivot away from the development of robotaxis could have significant implications for the company and competitors and collaborators like Lyft, Uber, Waymo (Alphabet), and Tesla. I'll discuss it and lay out how to trade it with options. GM's move appears to prioritize scalable, near-term technologies over speculative long-term projects like robotaxis. A few years ago, when Meta focused massive resources toward building virtual reality at Mark Zuckerberg's direction, equity investors revolted. The stock fell sharply, and despite Zuckerberg's voting control of the company, the punishment of the stock's significant declines eventually contributed to a course correction by management, which reduced their investment in speculative endeavor...
How the Ford government in Ontario plans to escalate trade war with the U.S.
Politics

How the Ford government in Ontario plans to escalate trade war with the U.S.

Cutting off power to 1.5 million Americans, restricting imports of U.S.-made alcohol, and limiting exports of Canadian critical minerals are among the list of measures the Ford government is considering if a looming trade war with the incoming Trump administration escalates in the new year. On Wednesday, Premier Doug Ford, along with other Canadian premiers, met with Prime Minister Justin Trudeau to discuss the 25 per cent tariffs U.S. President-Elect Donald Trump has threatened to impose on all Canadian imports.After the meeting, Ford, who now believes there is a “100 per cent” chance that tariffs will be imposed in early January, offered a threat of his own: to “cut off” millions of American residents living in border states from Ontario’s energy exports.“It would turn off the lights to ...
This crypto play is a Wall Street darling, topping many 2025 picks lists
Business

This crypto play is a Wall Street darling, topping many 2025 picks lists

Investors are betting that shares of the fintech company Block Inc. will rally further in the new year. Analysts at three separate Wall Street firms recently named Block, a provider of financial services through technology platforms, as one of their top ideas heading into 2025. Block is the parent company of the Square point-of-sale system for businesses, Cash App for peer-to-peer payments by consumers and the buy now, pay later company Afterpay. Shares of Block have surged almost 27% in 2024 through Wednesday, lagging behind the 27.6% gain the S & P 500. But that's not deterring the Street. Bernstein, for example, which has the lowest price target of the three firms that recently touted Square, still sees Block rising to $120 next year, almost 22% above Wednesday's close. Analyst Hars...