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ISTANBUL (AP) — Riot police in Turkey used water cannons on Tuesday to prevent people from gathering to hear a speech by the deposed leader of the country’s main opposition party. Ozgur Ozel and the core leadership of the Republican People’s Party, or CHP, were removed from their posts on Thursday by a court order that many people consider to be politically motivated. Ozel had intended to address supporters on […]

BP has ousted its chairman over what it called serious concerns related to “important governance standards, oversight and conduct.” The departure was abrupt and unexpected, with Albert Manifold having been appointed to the position just last year. “Albert has helped bring a welcome focus and pace to BP’s transformation,” Amanda Blanc, senior independent director, said in a statement. “However, the board has been surprised and disappointed to learn of governance […]

May 26 (Reuters) – Sunshine Silver Mining & Refining Company is targeting a valuation of up to $2.32 billion in its U.S. initial public offering, as the company seeks funds to restart a mine in Idaho that produced silver, antimony and other minerals. The Denver, Colorado-based company is seeking to raise up to $330 million by offering 20 million shares priced between $13.50 and $16.50 apiece, it said on Tuesday. […]

May 26 (Reuters) – Insurer Safepoint said on Tuesday it was targeting a valuation of up to $1.16 billion in ​its U.S. initial public offering, riding a wave of post-reform Florida insurance growth. The Tampa, Florida-based company and some of its backers are seeking to raise up to $283.3 million by offering 16.7 million shares priced between $15 and $17 apiece. Florida, which has been a difficult region for U.S. […]

BEIJING, May 26 (Reuters) – Unmarked tunnels, missing trackers and fake doors have been uncovered during an initial probe into the deadliest mining tragedy in China in over 15 years, with the government vowing to leave no stone unturned, state media reported on Tuesday. At least 82 people were killed by a gas explosion late on Friday at the Liushenyu mine in the coal-rich province of Shanxi in northern China. […]

When we were children, it was common to be afraid of the boogeyman. As we age, the boogeyman gets replaced with a new fear:  running out of money in retirement. This concern is understandable given so many Americans are now responsible for not only  building their retirement savings  but also deciding how much they should pay themselves annually in retirement.  It’s a problem many don’t feel adequately prepared to solve, […]

LONDON (AP) — Firefighters battled a grass fire in Edinburgh and temperature records toppled as a spring heatwave scorched parts of Western Europe, triggering government warnings about risks to life. London recorded a rare “tropical night,” defined as one in which the temperature does not fall below 20 Celsius (68 Fahrenheit), and Britain’s Met Office weather service said the temperature in southern England could hit 35 C (95 F) on […]

BEIJING, May 26 (Reuters) – Chinese autonomous driving company Pony.ai has not been affected by a national safety review following a robotaxi outage involving rival Baidu’s Apollo Go, and is pushing ahead with expansion into more cities, its CEO said on Tuesday. China paused approvals for new autonomous vehicle licenses after Apollo Go’s robotaxis abruptly stopped on streets in Wuhan in late March, Bloomberg reported. The review focuses on how companies […]

May 26 (Reuters) – Broadcaster Tegna appointed Fox Stations veteran Patrick Paolini as CEO on Tuesday, as it attempts to resolve a court order blocking a $6.2 billion merger with rival Nexstar. Paolini brings more than three decades of local broadcast leadership experience to Tegna, joining from Fox Television Stations, where he has led advertising sales as executive vice president since 2023. Here are some details: • Paolini will take […]