The head of the Wagner Group, Yevgeny Prigozhin, has accused Russia’s military leadership of striking his fighters and vowed to retaliate. The threat, made over his official Telegram channel, has sparked a crisis in Russia, with the country’s security service FSB calling on Prigozhin’s own Wagner Group private army to refuse orders and detain him.
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The Federal Reserve has been increasing interest rates to combat inflation, which is likely to result in more corporate defaults in the coming months. In May, the corporate default rate rose, indicating that US companies are struggling with higher interest rates that make it more expensive to refinance debt, as well as the uncertain economic
Russian President Vladimir Putin has vowed to punish all those involved in the “armed rebellion” and accused them of committing acts of treason against the state. In a televised address, Putin appealed to those who were “dragged into a criminal adventure by deceit or threats, pushed onto the path of a serious crime – an
European Commission Thierry Breton recently held discussions with tech executives Mark Zuckerberg and Sam Altman, during which they expressed their support for government regulation and oversight of artificial intelligence (AI). Breton stated that he and Zuckerberg, CEO of Meta Platforms, were in agreement regarding the EU’s proposed regulation of AI, which is currently in the
Texas A&M has announced the death of Terry Price, one of the most respected defensive line coaches in the SEC, at the age of 55. The cause of death has not been disclosed. Price, an alumnus of Texas A&M, returned to his alma mater as a defensive line coach in 2012 under Kevin Sumlin. He
This week, Indian Prime Minister Narendra Modi visited the U.S. to meet with President Biden, as well as other political and business leaders. During his visit, Modi spent over an hour with the CEOs of top tech companies, including Apple, Alphabet, and Microsoft, to discuss opportunities and challenges in investing in India. Apple CEO Sees
Microsoft Gaming CEO Phil Spencer testified in San Francisco on Friday that the company previously opened up talks with mobile game developer Zynga but ended up not consummating a deal. The hearing came after the Federal Trade Commission gained a temporary restraining order to keep Microsoft from closing the Activision purchase. The court agreed to
Starbucks workers from over 150 stores in the US, representing nearly 3,500 employees, have gone on strike after the coffee giant and the union representing baristas clashed over claims that the company was not allowing Pride month decorations in its cafes. The strikes began on Friday in Seattle, with more than two dozen additional stores
The friends of Suleman Dawood, a 19-year-old victim of the Titan sub implosion, have expressed their grief over the loss of a kind and empathetic friend. The four friends, who attended Strathclyde University with Suleman, described him as a supportive friend who always displayed genuine concern for others. Isaac, one of his friends, lauded his
New York Governor Kathy Hochul has signed a bill that would protect doctors who prescribe and send abortion pills to patients living in states where the procedure is illegal. The bill would allow New York abortion providers to serve more out-of-state patients without fear of litigation, which could help expand medication abortion access nationwide. Medication