Monday, March 9

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UN inquiry accuses Israel of crime of ‘extermination’ in Gaza
World News

UN inquiry accuses Israel of crime of ‘extermination’ in Gaza

m By Emma Farge for Reuters Palestinian forensic and civil defence recover human remains at the grounds of Al-Shifa hospital, Gaza's largest hospital, which was reduced to ashes by a two-week Israeli raid. Photo: - A United Nations inquiry says it found that Israel carried out a concerted policy of destroying Gaza's healthcare system in the Gaza war, actions amounting to both war crimes and the crime against humanity of extermination. A statement by former UN High Commissioner for Human Rights Navi Pillay that accompanied the report accused Israel of "relentless and deliberate attacks on medical personnel and facilities" in the war, triggered by Hamas militants' deadly cross-border attack on southern Israel on 7 October, 2023. "Children in particular have borne the brunt of these att...
Producer price index September 2024:
Business

Producer price index September 2024:

A measure of wholesale prices showed no change in September, pointing to a continued easing in inflation, the Labor Department reported Friday.The producer price index, which measures what producers get for their goods and services, was flat for the month and up 1.8% from a year ago. Economists surveyed by Dow Jones had been looking for a monthly gain of 0.1% after August's increase of 0.2%.Excluding food and energy, the PPI rose 0.2%, meeting expectations, and was up 2.8% from a year ago.The report comes a day after the Labor Department reported that the consumer price index, a more widely followed inflation measure that shows what consumers actually pay for goods and services, had an increase of 0.2% for the month and 2.4% from a year ago.Markets showed little immediate reaction to the d...
King Charles pays tribute as Auschwitz survivor Lily Ebert dies, aged 100
World News

King Charles pays tribute as Auschwitz survivor Lily Ebert dies, aged 100

Holocaust survivor Lily Ebert (left) stands with her great-grandson Dov Forman after being appointed a Member of the Order of the British Empire following an investiture ceremony at Windsor Castle, on 31 January, 2023. Photo: AFP / Pool / Andrew Matthews King Charles has paid tribute to the "extraordinary resilience and courage" of Auschwitz survivor Lily Ebert, who has died at the age of 100. Ebert, born in Hungary, was taken in 1944 as a 20-year-old to the Auschwitz-Birkenau camp, where her mother, younger sister, and brother were sent to the gas chambers. Along with three of her other siblings, she managed to survive. They were freed in 1945 and reunited in Switzerland before eventually heading to Israel. She later settled in London in 1967, where in her later years she became well k...
The best no-fly bike routes for a chic cycle holiday
Life Style

The best no-fly bike routes for a chic cycle holiday

The beauty of the Hebridean Way simply cannot be denied – and the best way to see it is undoubtedly by bike. With 185 miles to eat up across 10 islands, it offers mountains, seas and stunning vistas galore. Catch the train to Oban (now with bike-friendly carriages) and from there, hop on a ferry to the Isle of Barra. From there, wind your way through a series of remote, rugged landscapes, connected by 6 causeways and two ferry rides, until you reach the Butt of Lewis. Source link
Cerebras IPO has ‘too much hair’ as chipmaker tries to take on Nvidia
Business

Cerebras IPO has ‘too much hair’ as chipmaker tries to take on Nvidia

Andrew Feldman, co-founder and CEO of Cerebras Systems, speaks at the Collision conference in Toronto on June 20, 2024.Ramsey Cardy | Sportsfile | Collision | Getty ImagesAI chipmaker Cerebras is trying to be the first major venture-backed tech company to go public in the U.S. since April and to capitalize on investors' insatiable demand for Nvidia, now valued at $3.3 trillion.While its position in artificial intelligence infrastructure represents a major tail wind, Cerebras has challenges — most notably a hefty reliance on a single Middle Eastern customer — that may prove too weighty to overcome in the company's attempt to ride the Nvidia wave. Valued at $4 billion in 2021, Cerebras is reportedly seeking to roughly double that in its IPO."There's too much hair on this deal," David Golden,...
Judge sets trial date in Sean ‘Diddy’ Combs racketeering and sex trafficking case
World News

Judge sets trial date in Sean ‘Diddy’ Combs racketeering and sex trafficking case

Sean "Diddy" Combs arrives for the 2018 Met Gala on May 7, 2018, at the Metropolitan Museum of Art in New York. Photo: AFP / Angela Weiss Musician and producer Sean "Diddy" Combs, who is charged with racketeering conspiracy, sex trafficking and transportation to engage in prostitution, will go to trial in May 2025. The judge in Combs' federal case set a trial date for May 5, 2025 at a court hearing in New York on Thursday. Combs, who has pleaded not guilty, was present in the courtroom, as were several of his family members. Combs' ankles were shackled, and he was wearing a loose-fitting tan button down shirt and khaki pants. He smiled widely to his family as he was led into the courtroom by a US Marshal, taking a moment to wave toward them sitting in the second row. Prosecutor Emily Jo...
More than 85 per cent of blindness cases in India preventable: Experts
Health

More than 85 per cent of blindness cases in India preventable: Experts

While India has the maximum number of blind people in the world, most do not know that in more than 85 per cent of the cases, the condition is preventable, said experts on Thursday on World Sight Day.  India is home to an estimated 34 million people living with blindness or moderate or severe visual impairment (MSVI). “Nearly 85 per cent of blindness in the world is avoidable which can either be preventable or treatable,” Dr. Rajesh Sinha, professor, Dept. of Ophthalmology, AIIMS New Delhi said. The expert called the need for public awareness so that a majority of people in the society who may become blind due to ignorance maintain their sight for life. “Ocular causes of preventable blindness can be infections, vitamin A deficiency while causes of treatable blindness can be cataract, u...
Inflation reports from this week should allow the Fed to stay on track with rate cuts
Business

Inflation reports from this week should allow the Fed to stay on track with rate cuts

Investors who fear stubborn inflation, if not an outright rebound, got a bit of a salve on Friday morning. Wholesale prices showed no change month over month for September, coming in below expectations. The producer price index report may help offset some of the slight concerns about Thursday's consumer price index report, which was a bit hotter than expected. The details within the reports are another reason to stay calm, David Seif, chief economist for developed markets at Nomura Securities, said on " Squawk Box ." "The key thing for the Fed is their preferred measure of inflation, core PCE. And when you actually look at the components of yesterday's print and just looking over today's PPI print that go into that core PCE, it actually looks pretty good," Seif said. The personal consumpti...
Florida residents over 100 miles from Milton’s landfall faced a different threat: 3 tornadoes in less than 25 minutes
World News

Florida residents over 100 miles from Milton’s landfall faced a different threat: 3 tornadoes in less than 25 minutes

A man makes a call in front of a convenience store's collapsed roof in Fort Pierce, Florida, on Wednesday, October 9. Photo: Eric Hasert/TCPALM/USA Today Network/Imagn Images via CNN Newsource As Hurricane Milton made landfall near Siesta Key, Florida, as a dangerous Category 3 storm - weakening to a Category 1 as it sliced through the state - at least nine tornadoes tore through communities over 100 miles (160km) inland, including three in less than 25 minutes, according to a CNN analysis of National Weather Service warnings. Milton, the third hurricane to hit Florida this year, dumped about 16 inches of rain on St Petersburg, a more than a 1-in-1000 year rainfall event for the area, according to the National Hurricane Center. But residents in St Lucie County faced an entirely differen...
Friday’s Wall Street analyst calls with stocks like Nvidia
Business

Friday’s Wall Street analyst calls with stocks like Nvidia

Here are the biggest calls on Wall Street on Friday: Bank of America reiterates Broadcom as buy Bank of America says the that Broadcom remains a top pick at the firm following a series of investor meetings. "As expected, the meeting focused on AVGO's growing AI opportunity, around $12bn or 24% of sales in FY24, with a longer-term TAM [total addressable market] of $100-$125bn, focused largely on growing internal workloads." UBS reiterates Advanced Micro Devices as buy UBS called AMD's AI event on Thursday a "mixed bag" but says it's sticking with the stock. "AMD's AI event was, in our view, a bit of a mixed bag that doesn't likely sway the debate a whole lot in either direction." Wells Fargo upgrades Affirm to overweight from equal weight Wells called the fintech payment company a "structur...