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ReutersDavos to welcome Trump virtually as he takes on US presidency, world awaits policies
Donald Trump will attend next week's World Economic Forum meeting in Davos digitally, its organisers said on Tuesday, as world leaders wait to hear more about the incoming U.S. President's policies and his pledge to end the war in Ukraine. Trump will return to the White House on Jan. 20, with his inauguration coinciding with the start of the 55th annual meeting of political and business leaders in the Swiss resort. Meanwhile, Ukrainian President Volodymyr Zelenskiy will make a special address and take questions, the WEF said.
- Reuters
NATO to deploy ships, aircraft in Baltic Sea after cable breaches
HELSINKI (Reuters) -NATO countries will deploy frigates, patrol aircraft and naval drones in the Baltic Sea to help protect critical infrastructure and reserve the right to take action against ships suspected of posing a security threat, alliance members said on Tuesday. The NATO alliance is taking the action, dubbed "Baltic Sentry", in response to a string of incidents in which power cables, telecom links and gas pipelines have been damaged in the wake of Russia's invasion of Ukraine in February 2022. While the region is on high alert for fear of sabotage, the Polish army denied on Tuesday a local media report that said a Russian "shadow fleet" vessel was seen circling near the Baltic Pipe gas pipeline, stating that this "did not happen".
- Reuters
Wall St set for higher open after softer-than-expected producer price data
(Reuters) -Wall Street's main indexes were on track to open higher on Tuesday, as investors assessed softer-than-expected producer inflation to gauge the Federal Reserve's monetary policy trajectory this year. A Labor Department report showed the producer price index rose 3.3% on an annual basis in December 2024, compared with the 3.4% rise economists polled by Reuters had expected. The focus will now be on the consumer price index report, due on Wednesday.
- Associated Press
Why hundreds of miners are still trapped and starving in an abandoned South Africa mine
South African authorities have come under intense scrutiny for their response after civic groups said hundreds of miners have been trapped deep in an abandoned gold mine for months, with more than 100 of them believed to have died of starvation or dehydration. Authorities launched an operation in November to force out the men who were mining illegally at the closed Buffelsfontein Gold Mine by cutting off their food and water supplies from the surface. It's not clear exactly how long the miners have been underground near the town of Stilfontein, about 150 kilometers (93 miles) southwest of Johannesburg.
- USA TODAY
Starbucks reverses open-door policy: Buy something or leave
The new code of conduct also bans discrimination or harassment, consumption of alcohol, smoking, drug use, and panhandling in company owned stores.
- Yahoo News
California fires live updates: Firefighters still battle Los Angeles, Ventura blazes as ‘particularly dangerous’ winds warning in effect
Four major blazes were burning in Los Angeles and Ventura counties on Tuesday, fire officials said.
- USA TODAY Sports
Which NFL playoff team is biggest Super Bowl threat? Power ranking all 8 based on chances
The NFL playoff field is reducing, yet not all eight remaining teams look like legitimate Super Bowl threats. We ranked them on their shot at winning a title.
- Insider Monkey
Will Tidewater (TDW) Gain Market Share Going Forward?
Praetorian Capital, an investment management company, released its fourth-quarter 2024 investor letter. A copy of the letter can be downloaded here. For the full year, the fund lost 10.55% net of fees. The fund was down by 14.76% net of fees in the fourth quarter. It compounded capital at a 41.76% annual net rate, since […]
- The Canadian Press
Trump's Cabinet picks are set for Senate hearings. Here's the schedule
After the initial crush of personnel announcements for President-elect Donald Trump's incoming administration, now the nominations process officially begins.
- The Independent
Pete Hegseth, Trump’s defense pick, to face Senate grilling at high-stakes confirmation hearing: Live updates
President-elect’s controversial pick for secretary of defense will face tough questions about his past from senators on Tuesday as he makes case to lead Pentagon
- USA TODAY
Read the report: Special counsel Jack Smith says his office had evidence to convict Trump
Jack Smith argued his office had the evidence to secure a conviction against Donald Trump if the election case had ever gone to trial.
- The Canadian Press
Blinken will make a case for post-war reconstruction and governance of Gaza
WASHINGTON (AP) — Secretary of State Antony Blinken is set to make a last-minute case Tuesday for a plan for the post-war reconstruction and governance of Gaza as a ceasefire between Israel and Hamas appears tantalizingly close to completion.
- USA TODAY
Special counsel Jack Smith's final report says there was enough evidence to convict Trump
Smith's report provides new details about election-interference charges against Trump, says he believes election victory saved him from conviction.
- USA TODAY
I'm 37 and single, so I persuaded USA TODAY to find me a date for Valentine's Day
I'd love to meet my Mr. Right. So, I'm asking USA TODAY readers for help. Do you know anyone? Apply here to win a Valentine's Day dream date with me.
- INSIDER
Young, sober, and ready to party: the rise of Gen Z's booze-free nightlife
Gen Z is excited to hang out and see each other — but not necessarily over an alcoholic drink. That's a big opportunity for some businesses.
- The Telegraph
When will Trump take office as US president?
On November 5, Donald Trump persuasively defeated Kamala Harris in the presidential election. He will return to the White House in January when he is inaugurated. Here is what to expect.
- USA TODAY
Bad Bunny delivers surprise New York City subway performance: Watch
Bad Bunny joined comedian Jimmy Fallon to deliver a surprise concert for New York City subway riders.
- Insider Monkey
Is Valaris (VAL) a Cheap Stock With Strong Tailwinds?
Praetorian Capital, an investment management company, released its fourth-quarter 2024 investor letter. A copy of the letter can be downloaded here. For the full year, the fund lost 10.55% net of fees. The fund was down by 14.76% net of fees in the fourth quarter. It compounded capital at a 41.76% annual net rate, since […]
- Reuters
Italy's Intesa 'tests' bitcoin with 1 million euro investment
MILAN (Reuters) -Italy's biggest bank, Intesa Sanpaolo, has made its first proprietary bitcoin trade, buying 1 million euros ($1 million) of the world's largest digital currency in what CEO Carlo Messina described as "a test". Intesa in 2023 set up a proprietary trading desk for digital assets and last year started handling spot trades with cryptocurrencies. An internal memo seen by Reuters showed Intesa bought 11 bitcoins on Monday.
- PA Media: Entertainment
Comedian Tony Slattery dies aged 65 after heart attack
He is most famous for his appearances on Whose Line Is It Anyway?, Just A Minute and Have I Got News For You.