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Associated PressFBI Director Wray says he intends to resign before Trump takes office in January
FBI Director Christopher Wray told bureau workers Wednesday that he plans to resign at the end of President Joe Biden's term in January, an announcement that came a week and a half after President-elect Donald Trump said he would nominate loyalist Kash Patel for the job. Wray said at a town hall meeting that he would be stepping down “after weeks of careful thought,” roughly three years short of the completion of a 10-year term during which he tried to keep the FBI out of politics even as the bureau found itself entangled in a string of explosive investigations, including two that led to separate indictments of Trump last year as well as inquiries into Biden and his son. “My goal is to keep the focus on our mission — the indispensable work you’re doing on behalf of the American people every day,” Wray told agency employees.
- Reuters
South Korean President Yoon vows to 'fight to the end'
South Korean President Yoon Suk Yeol on Thursday lashed out at his political opponents as "anti-state forces", said North Korea has hacked the country's elections and defended his short-lived martial law order as a legal move to protect democracy. His comments on Thursday came as the leader of Yoon's own party said the president had shown no signs of resigning and must be impeached. Yoon is under criminal investigation for alleged insurrection over the botched Dec. 3 martial law declaration, which sparked the biggest political crisis in South Korea in decades.
- Reuters
Tame US inflation boosts S&P 500, Nasdaq rallies above 20,000
NEW YORK (Reuters) -Wall Street's benchmark S&P 500 index rose on Wednesday and a rally in tech stocks lifted the Nasdaq above the 20,000-point milestone for the first time, after a U.S. inflation report boosted expectations of a Federal Reserve interest rate cut. The Dow Jones Industrial Average dipped, dragged by health insurers as U.S. lawmakers introduced a bill seen as crimping their profits. Five of the 11 major S&P 500 sectors advanced, led by gains in communication services, technology and consumer discretionary services.
- The Guardian
Fall in Australia’s unemployment rate sends dollar higher and stocks down, dimming hopes of interest rate cut
ABS reveals robust market as unemployment rate drops from 4.1% to 3.9%, its lowest since March
- The Canadian Press
2 men go free after their convictions were overturned in a case involving a discredited detective
KANSAS CITY, Kan. (AP) — Two men were freed Wednesday after their convictions were overturned in a 2009 double homicide whose investigation was overseen by a discredited white Kansas City, Kansas, police detective.
- The Weather Network
Blizzard warnings issued as 30-50+ cm of snow targets parts of Ontario
Some of Ontario's already hard-hit snowbelt regions will see potent snow squalls continue through Thursday. Blizzard and snow squall warnings have been issued, so travellers should plan ahead and consider postponing non-essential travel in the affected regions
- Reuters
HSBC, World Bank's IFC launch $1 billion trade finance programme for emerging markets
HONG KONG (Reuters) -HSBC and the World Bank's International Finance Corporation (IFC) will jointly provide funding to trade transactions valued at up to $1 billion, in a move to help fill a gap in financing for emerging market trade. IFC and HSBC said on Thursday they would equally share the risk on a portfolio of trade-related assets held by emerging-market banks in 20 countries in Africa, Asia, Latin America, and the Middle East, according to a joint statement. The deal aims to support cross-border trade and bolster exports in critical industries as economies face geopolitical tensions and trade barriers that could create uncertainty for supply chains and threaten economic growth.
- The Independent
Special Bukayo Saka hits new heights to show Arsenal the way forward
Arsenal 3-0 Monaco: Saka struck twice as Mikel Arteta’s side closed in on the Champions League knockout rounds
- The Canadian Press
The Body Shop Canada to be sold to Serruya Private Equity
TORONTO — The Body Shop Canada is due to be sold to a company led by the co-founder of frozen yogurt chain Yogen Früz.
- KERO - Bakersfield Scripps
Arvin City Council seeks to fill vacant seat for effective governance
Following Juan Murillo’s removal from the Arvin City Council, the quorum voted to keep the seat vacated for two years. Now, Arvin's new mayor, Olivia Calderon, is looking to change that.
- KGTV - San Diego Scripps
4 kids & 2 adults experience carbon monoxide poisoning after generator placed too close to home
Six people were taken to a hospital after they experienced carbon monoxide poisoning in Campo Wednesday morning, according to Cal Fire San Diego.
- Yahoo Sports
Bill Belichick's pivot from Super Bowl winner to college coach is rare; here's how others fared
Bill Walsh is the only other coach to lead a college team after winning a Super Bowl.
- WMUR - Manchester
Silk City Diner made its way Tuesday night to its new home in downtown Concord
The historic Silk City Dinner has been given a new home in downtown Concord.
- Business Insider
Sustainability-linked bond sales have tanked amid a shift in ESG sentiment
Issuance of bonds tied to sustainability goals has dropped this year to the lowest level since 2020, Bloomberg data shows.
- Yahoo News Singapore
2 S'poreans make Forbes’ 100 Most Powerful Women list; Couple faces over 150 charges in $72m embezzlement case: Singapore live news
Two Singaporean women leaders have been recognised in Forbes’ 100 Most Powerful Women list. Plus some of the biggest and fascinating news in Singapore and beyond.
- Associated Press Finance
Ontario premier says US energy exports will be cut off if Trump imposes sweeping tariffs on Canada
The premier of Canada's most populous province said Wednesday he will cut off energy to the United States if President-elect Donald Trump imposes sweeping tariffs on all Canadian products. Trump has threatened to impose a 25% tax on all products entering the U.S. from Canada and Mexico unless they stem the flow of migrants and drugs.
- KGTV - San Diego Scripps
North Park fire destroys baking equipment, 'priceless' items
A North Park baker is sorting through the ashes after a devastating fire claimed almost all the equipment for her business, along with scores of ‘priceless’ items.
- WMUR - Manchester
FBI Director Christopher Wray says he will resign at the end of President Biden's term
FBI Director Christopher Wray announced Wednesday that he will resign next month at the end of President Joe Biden's term.
- KCCI - Des Moines Videos
Chuck Grassley outlines priorities for upcoming Congress
Chuck Grassley outlines priorities for upcoming Congress
- KCCI - Des Moines Videos
Iowa Secretary of State proposes legislation to verify voter citizenship, standardize recount process
Iowa Secretary of State proposes legislation to verify voter citizenship, standardize recount process