Thursday, April 9

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K-pop star NewJeans’ Hanni tells South Korea lawmakers of workplace bullying
World News

K-pop star NewJeans’ Hanni tells South Korea lawmakers of workplace bullying

By Kang Jin-kyu, AFP New Jeans' Hanni (centre) arrives to testify at the National Assembly in Seoul on 15 October, 2024. Photo: AFP / Kim Min-Hee A member of chart-topping K-pop group NewJeans has tearfully testified to South Korean lawmakers as part of an enquiry into workplace harassment, amid a boardroom drama over her super producer. In recent years, South Korea's K-pop industry has become a global juggernaut powered by the success of groups like BTS, but domestically it is known for imposing strict standards and controls on fledgling stars. Rising K-pop idols are expected to adhere to their powerful agency's behaviour and appearance guidelines, with many stars describing receiving extreme backlash from fans over perceived mistakes in their personal lives, for example dating. Han...
Trump Media shares halted after sudden stock plunge
Business

Trump Media shares halted after sudden stock plunge

Republican presidential candidate and former President Donald Trump's social media platform Truth Social is shown on a cell phone in Chicago on March 25, 2024.Scott Olson | Getty ImagesTrump Media shares closed down nearly 10% Tuesday, after a wild trading session that was briefly halted due to volatility when the Truth Social owner's stock suddenly plunged in price.DJT shares, which had been up more than 13% earlier Tuesday afternoon, abruptly turned more than 6% lower on the day at the time the halt occurred. Trump Media continued to fall after the five-minute trading halt lifted at 2:47 p.m. ET.Trump Media settled at $27.06 per share.The stock price whipsawed during an extremely volatile trading session in which more than 97 million shares traded hands — multiple times the company's 30-...
US Election: Record number of early votes cast in battleground state Georgia
World News

US Election: Record number of early votes cast in battleground state Georgia

By Jason Morris, Nick Valencia, Devan Cole and Sara Murray, CNN Donald Trump, left, and Kamala Harris, right, during their presidential debate in September. Photo: AFP / SAUL LOEB A record number of early votes have been cast in Georgia as residents head to the polls in a critical battleground state that is grappling with the fallout from Hurricane Helene and controversial election administration changes that spurred a flurry of lawsuits. Roughly 252,000 ballots have been cast Tuesday (local time), Gabe Sterling of the Georgia secretary of state's office said on X. "Spectacular turnout. We are running out of adjectives for this." The previous first day record was 136,000 in 2020, Sterling said. The swing state is one of the most closely watched this election, with former president Do...
Trump’s coin sale misses early targets as crypto website crashes
Business

Trump’s coin sale misses early targets as crypto website crashes

Former U.S. President Donald Trump in the East Room of the White House in Washington, D.C., on May 19, 2020.Kevin Dietsch | Bloomberg | Getty ImagesDonald Trump's new crypto project is off to a rough start.World Liberty Financial, which aspires to be a sort of crypto bank, launched its token sale on Tuesday, a day after project co-founder Zachary Folkman said "well over 100,000 people" are on the whitelist to invest.But WLF's website suffered regular and lengthy outages for much of the morning and early afternoon, contributing to a limited number of sales. Only about 4,300 unique walled addresses hold the token as of Tuesday afternoon, according to blockchain data tracked by Etherscan, representing roughly 4% of the total number of people who registered.The platform says it has sold more t...
Rio Tinto class action begins over Bougainville mining disaster
World News

Rio Tinto class action begins over Bougainville mining disaster

By Harry Pearl, BenarNews Satellite photo of the abandoned former Rio Tinto Panguna mine (center) in Bougainville, with the regional capital Arawa (top left) and tailings waste spilling downstream (bottom right), pictured 26 September 2017. Photo: Trevor Hammond / Planet Labs via Reuters An initial hearing of a class action against mining giant Rio Tinto over the toxic legacy of the Panguna copper mine on the autonomous island of Bougainville has been held in Papua New Guinea. The lawsuit against Rio Tinto and its subsidiary Bougainville Copper Limited (BCL) is seeking compensation, expected to be in the billions of dollars, for what plaintiffs allege is historic mismanagement of the massive open copper-and-gold mine between 1972 and 1989. More than 5000 claimants backed by anonymous...
Justin Trudeau’s office intervened to keep Han Dong off Canada-China committee – National
Politics

Justin Trudeau’s office intervened to keep Han Dong off Canada-China committee – National

Prime Minister Justin Trudeau’s office intervened in 2019 to keep Han Dong off a House of Commons committee probing Canada’s relations with China, according to testimony from Trudeau’s most senior staff. The Canadian Security Intelligence Service (CSIS) briefed security-cleared Liberal officials during the 2019 election about “irregularities” related to Dong’s nomination as the party’s candidate in Don Valley North.Those irregularities included CSIS intelligence suggesting Chinese diplomatic officials leaned on international students to support Dong’s nomination, as well as the busing of people to the nomination meeting coerced into supporting the now-independent MP.Documents previously published by Justice Marie-Josée Hogue’s foreign interference inquiry suggest that CSIS was aware of tho...
United Airlines (UAL) 3Q 2024 earnings
Business

United Airlines (UAL) 3Q 2024 earnings

A United Airlines Boeing 737-MAX 8 aircraft departs at San Diego International Airport en route to New York on Aug. 24, 2024.Kevin Carter | Getty ImagesUnited Airlines said Tuesday that it is starting a $1.5 billion share buyback as the carrier reported higher-than-expected earnings for the busy summer travel season and forecast strong results for the last three months of the year.United expects to earn an adjusted $2.50 to $3.00 a share in the fourth quarter, compared to $2.00 a share a year earlier and the $2.68 analysts polled by LSEG estimated.Here is what United reported for the third quarter compared with what Wall Street expected, based on average estimates compiled by LSEG:Earnings per share: $3.33 adjusted vs. $3.17 expectedRevenue: $14.84 billion vs. $14.78 billion expectedThe sh...
Australian Prime Minister Anthony Albanese buys $4.7 million property
World News

Australian Prime Minister Anthony Albanese buys $4.7 million property

By Maani Truu, ABC News Anthony Albanese. Photo: RNZ / Samuel Rillstone Australian Prime Minister Anthony Albanese is in the process of buying a AUD$4.3 million (NZD$4.7m) cliff-top home on the New South Wales Central Coast, where his fiancee's family is from. The Copacabana property is touted as being "clifftop perfection" with "uninterrupted ocean views from all levels", according to 2GB presenter Ben Fordham, who first reported the story on Tuesday. A real estate listing describes the home as "a premiere location to enjoy sun, whale watching or spectacular sunsets year-round". The four-bedroom, three-bathroom home was sold in September for an undisclosed price, according to Domain. The listing details "timber-lined cathedral ceilings", a "master suite with walk-through ensuite", a...
Why a ‘no landing’ scenario may take place after all
Business

Why a ‘no landing’ scenario may take place after all

The U.S. economy may not experience a "soft landing" after all. A soft landing occurs when economic growth slows just enough to bring down inflation below the Federal Reserve's 2% target without tipping the economy into a recession. Many on the Street expect this to be the case, as the central bank starts to lower interest rates. BNY Wealth's Alicia Levine has a more optimistic view. She thinks the economy is experiencing a no-landing scenario as it continues to expand without slowing down. "So far, clearly bank earnings are coming in better than expected, both top line and bottom line. Net interest income is better than expected. So, that is a good signal for the economy," the firm's head of investment strategy and equities told CNBC's " Squawk Box " on Tuesday. "The other thing that that...
China’s new panda diplomats touch down in DC
World News

China’s new panda diplomats touch down in DC

By Necter Gan, CNN Bao Li in his habitat at Shenshuping Base in Wolong, China in 2024. (File Photo) Photo: AFP - Roshan Patel / Smithsonian's National Zoo and Conservation Biology Institute. Two giant pandas from China landed in Washington, marking the first time the US capital has welcomed a new set of furry diplomats from Beijing in 24 years. The FedEx cargo plane dubbed "Panda Express", carrying Bao Li and Qing Bao, both 3 years old, landed at Washington Dulles Airport at 9.53am Tuesday. Amid tight security and heavy media coverage, two large metal boxes with the precious cargo were carefully lowered from the belly of the jet on a scissor lift and ferried to the terminal. From there, the two pandas were trucked to the Smithsonian's National Zoo, where they will remain on loan for ...