7 Weather 5am update, Thursday, October 6
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Wall Street stocks were eyeing a higher open on Friday, after selling off amid the prospect of prolonged high interest rates.
SEATTLE (AP) — Amazon Prime Video will include advertising during shows and movies starting early next year, joining other streaming services that have added different tiers of subscriptions. Members of Amazon Prime can pay $2.99 per month in the U.S. to keep their service ad-free, the company said Friday. Amazon said limited advertisements will be aired during shows and movies starting early next year so that it can “continue investing in compelling content and keep increasing that investment o
The change will not affect existing franchisees who are maintaining their current footprint or who buy a franchised location from another operator, the report said. It will also not apply to rebuilt existing locations or restaurants transferred between family members. McDonald's did not immediately respond to Reuters' request for a comment.
The Federal Reserve's forecast of elevated rates in years to come could place more pressure on banks to rely on expensive brokered deposits known as 'hot money.'
The yen fell sharply on Friday after the Bank of Japan (BOJ) kept interest rates in negative territory days after the Federal Reserve signalled U.S. borrowing costs would stay high, piling pressure on the Japanese currency. Meanwhile, the U.S. dollar index was on track for its 10th consecutive weekly increase in the wake of the Fed decision and as the euro fell after weak economic data from France. The BOJ held interest rates at -0.1% on Friday and reiterated its pledge to keep supporting the economy until it is confident inflation will stay at the 2% target.
Did you know there are some financial metrics that can provide clues of a potential multi-bagger? One common approach...
The global effort to end polio is likely to miss two key targets this year on the path towards defeating the virus, according to an independent strategic review. The aim in 2023 was to interrupt the transmission of wild polio in the two countries where it is still endemic, Afghanistan and Pakistan, and do the same for a variant form of polio known as "vaccine-derived" that is causing outbreaks elsewhere. The Independent Monitoring Board, a group of polio experts who oversee the work of the U.N.-backed Global Polio Eradication Initiative (GPEI), said neither target would be hit this year.
At least 40% of fighters from Colombia's National Liberation Army (ELN) rebels could reject a potential peace deal being negotiated with the government, three high-level security sources told Reuters, citing reluctance to surrender profits from drug smuggling and illegal mining. The estimate puts at risk ambitious plans by the country's first leftist leader, President Gustavo Petro, to end Colombia's six-decade war, which has killed 450,000 people, through accords with rebels and criminal groups. The formation of dissident groups by ELN members would echo what was seen after a 2016 peace deal with the Revolutionary Armed Forces of Colombia (FARC) guerrilla group, when hundreds of holdouts rejected the agreement and to this day continue illegal activities and fighting.
Negative analyst sentiment and interest rate worries were enough to cause a hangover after last week's IPO.
Daniel Humphreys is charged with two counts of misconduct in public office
‘We don’t agree with the behaviour of many Rumble creators, but we refuse to penalise them for actions that have nothing to do with our platform’
Citigroup has warned U.K-based employees of the likelihood of redundancies as the lender pushes ahead with a sweeping reorganisation, according to a memo seen by Reuters on Friday, a move that could affect hundreds of jobs in the country. The bank, which has about 16,000 employees in the UK, said it was moving into phase two of its plans to rationalise its banking structure and as part of that would set up a consultation process whereby employees can give their feedback. The bank did not tell Britain and North Ireland-based employees how many jobs would be eliminated.
The Supreme Court of Alabama is weighing whether to allow the state to become the first to execute a prisoner with a novel method: asphyxiation using nitrogen gas. Last month, Alabama Attorney General Steve Marshall asked the court to allow the state to proceed with gassing Kenneth Smith, who was convicted of murder in 1996, using a face mask connected to a cylinder of nitrogen intended to deprive him of oxygen. Smith's lawyers have said the untested protocol may violate the U.S. Constitution's ban on "cruel and unusual punishments."
"This was not supposed to happen," the parents of Nicholas Feliz Dominici said Wednesday
Apple fans previously shared pics of the high-end model with signs of discolouration around its buttons
Meteorologist Chelsea Ingram shows the updated timeline for the potential tropical weather coming this weekend to Maryland.
Indian Potash does not expect supplies of Canadian potash to be affected by the diplomatic row between the India and Canada, its managing director said on Friday, and hopes to extend a contract with Canadian supplier Canpotex beyond the end of September. India is a leading fertiliser importer to support its vast agriculture sector, which employs about half of its 1.4 billion people and accounts for nearly 15% of its $3 trillion economy. Canada is one of the key suppliers of potash to India and Indian companies last year signed a memorandum of understanding with Canpotex to buy up to 1.5 million metric tons of potash a year for 3 years, starting from 2023.
McDonald's is raising royalty fees for new U.S. franchise operators for the first time in nearly three decades, CNBC reported on Friday, citing a message from the burger giant's U.S. President Joe Erlinger. McDonald's did not immediately respond to Reuters' request for a comment.
Jarrod Bowen is a doubt for West Ham’s trip to face Liverpool on Sunday. Illness has prevented Bowen from training all week, and manager David Moyes is yet to make a decision over the forward’s involvement at Anfield. “Bowen has a virus”, Moyes revealed.
Michael Bloomberg, co-founder of financial information and news company Bloomberg LP, outlined a succession plan for the company, saying that his foundation Bloomberg Philanthropies will inherit it and then eventually sell it, the New York Times reported. Representatives for Michael Bloomberg did not immediately respond to a Reuters request for comment. Bloomberg was married to Susan Brown from 1976 to 1993 and has two daughters Emma and Georgina.