generic Market recap: Thursday, October 10
Yahoo Finance's Alexis Christoforous and Myles Udland recap the day's market action.
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Yahoo Finance's Alexis Christoforous and Myles Udland recap the day's market action.
For decades, police across the United States have been warned that the common tactic of handcuffing someone facedown could turn deadly if officers pin them on the ground with too much pressure or for too long. Recommendations first made by major departments and police associations culminated in a 1995 federal safety bulletin that explained keeping someone on their chest in what’s known as prone restraint can dangerously restrict breathing. Cases involving prone restraint are among more than 1,000 AP documented over a decade of people who died not by gunshot but after officers used force that is not meant to kill.
Taiwanese tech giant Foxconn on Tuesday reported a 72 percent jump in net profit during the first three months of 2024 as demand for artificial intelligence technology grows.- AI servers - Foxconn had credited its recent steady performance growth to strong demand for generative AI, a technology that has seen a surge in demand in recent years.
Russia's Supreme Court has rejected an appeal by Kremlin critic Vladimir Kara-Murza against his 25-year jail sentence on treason and other charges, according to a Reuters reporter at the court on Tuesday. Moscow-born Kara-Murza, who has both Russian and British passports, has repeatedly condemned Russia's war in Ukraine, criticised President Vladimir Putin, and lobbied for Western sanctions against Moscow.
Home Depot's sales continued to soften in the first quarter as the nation's largest home improvement retailer was not only constrained by high mortgage rates and higher inflation for its customers, but it also had to deal with a delayed start to spring. Sales slipped 2.3% to $36.42 billion for the period ended April 28, just shy of the $36.65 billion that analysts polled by Zacks Investment Research expected.
France's prime minister on Tuesday urged the restoration of calm in New Caledonia after the French Pacific archipelago was rocked by a night of rioting against a controversial voting reform that has angered pro-independence forces."Violence is never a solution," Prime Minister Gabriel Attal told reporters during a trip to eastern France, adding that the government's "priority... is to re-establish order, calm and serenity" in New Caledonia.
Israel's leader acknowledges that more than half of those killed in Gaza are likely civilians, as the U.N. shifts to a lower estimate of women and children victims.
For decades, police across the United States have been warned that the common tactic of handcuffing someone facedown could turn deadly if officers pin them on the ground with too much pressure or for too long. Recommendations first made by major departments and police associations culminated in a 1995 federal safety bulletin that explained keeping someone on their chest in what’s known as prone restraint can dangerously restrict breathing. The cases involving prone restraint are among more than 1,000 AP documented over a decade of people who died not by gunshot but after officers used force that is not meant to kill.
Young protesters gathered outside Georgia's parliament Tuesday and announced fresh rallies as the ruling party geared up to adopt a controversial Kremlin-style "foreign influence" law.A crowd of some 2,000 gathered outside parliament on Tuesday -- mainly students who have been refusing to attend classes -- and announced a fresh evening rally.
Russia's offensive around Ukraine's Kharkiv likely aims more at presenting Kyiv with a strategic quandary over where to deploy its already stretched forces than taking the major city, experts say.But analysts don't see Russia's immediate aim as taking Ukraine's second-largest city, with a pre-war population of 1.4 million, after Moscow already failed to capture the industrial hub in its initial invasion from February 2022.
Donald Trump's former fixer Michael Cohen will resume testifying on Tuesday at the Republican presidential candidate's criminal trial, a day after telling jurors that Trump personally authorized him to make a hush money payment to a porn star weeks before the 2016 election. Cohen, once so loyal to Trump that he claimed he would take a bullet for his boss, is the prosecution's most important witness. In hours of testimony on Monday, he said Trump ordered him to pay the adult film actress Stormy Daniels - "Just do it," Cohen remembered Trump saying - to ensure her silence about an alleged 2006 sexual encounter.
Six months after Geert Wilders swept to a stunning election win in the Netherlands, top politicians have until Wednesday to form a government -- without the far-right firebrand as prime minister.Wilders reluctantly ruled himself out in March, amid unease over the anti-Islam, anti-European politician representing the Netherlands.
In hundreds of deaths where police used force meant to stop someone without killing them, officers violated well-known guidelines for safely restraining and subduing people — not simply once or twice, but multiple times. Officers at times prematurely resorted to weapons or physical holds during routine calls or misread a person’s confusion as defiance in medical emergencies, setting off a string of mistakes. For its investigation, AP catalogued 1,036 deaths over a decade’s time after officers had used force not involving their guns.
More than three years have passed since former President Donald Trump's supporters stormed the U.S. Capitol on Jan. 6, 2021, trying to overturn his election defeat, but the event will play a major role in a series of congressional primaries on Tuesday. The riot played a major role in the life of two candidates seeking their parties' nominations to run for the U.S. House of Representatives -- Democratic former Capitol Police officer Harry Dunn of Maryland and West Virginia Republican Derrick Evans, who served time in prison after pleading guilty to joining the unrest. Both are seeking their party's nominations in highly partisan districts that are seen as unlikely to be competitive in the Nov. 5 general election, when Republicans will be defending a narrow House majority.
U.S. small-business confidence increased in April and the share of owners planning to raise prices was the smallest in a year, but persistent labor shortages continued to exert cost pressures for owners, a survey showed on Tuesday. The National Federation of Independent Business (NFIB) said its Small Business Optimism Index rebounded 1.2 points to 89.7 last month. The proportion raising average selling prices fell three points to 25%.
The Bayreuth Festival in Germany announced on Tuesday that it is retaining Katharina Wagner as its director for another five years. Wagner, who turns 46 on May 21 and is a great-granddaughter of Richard Wagner, became co-head of the festival in September 2008, along with her half-sister Eva Wagner-Pasquier. Katharina then took over as sole head in 2015.
"We call it green gold," says Ramadan Youssouf, a khat trader in the Ethiopian town of Aweday, one of the largest markets in the world for the mildly narcotic shrub.Many of the bundles from the Aweday market will make their way to Wajale, a border town straddling Ethiopia and Somaliland -- a breakaway region of Somalia.
Georgia’s parliament is set to pass a highly controversial so-called “foreign agents” bill that has triggered widespread protests across the former Soviet Republic nestled in the Caucasus Mountains.
Beirut repatriated several hundred Syrians on Tuesday in coordination with Damascus, an AFP photographer reported, as pressure mounts in cash-strapped Lebanon for the hundreds of thousands refugees to go home.Vans and small trucks gathered in the Arsal area near the border early in the morning to ferry home the returnees, the photographer said.
US Secretary of State Antony Blinken arrived in Kyiv on Tuesday, marking the first visit of a Biden administration official to Ukraine following the long-delayed passage of US supplemental funding to the war-torn country.
A former Australian Army lawyer who leaked classified documents exposing alleged crimes in Afghanistan has been sentenced to more than five years in prison.