Author: bcbegley

Business

Silvergate stock crashes after company delays annual report, reveals new losses

Shares of troubled lender Silvergate (SI) fell 45% at Thursday morning’s open after the company said late Wednesday it will miss a March 16 deadline to file its already-delayed annual report. The bank said its team “requires additional time to perform analysis, record journal entries related to subsequent events and to complete management’s evaluation of internal controls over financial reporting.” “The Company is currently analyzing … Continue reading Silvergate stock crashes after company delays annual report, reveals new losses

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Archaeology

After being lost for over 100 years, a ship was discovered in Lake Huron

Even for the Thunder Bay area, a perilous swath of northern Lake Huron off the Michigan coast that has devoured many a ship, the Ironton’s fate seems particularly cruel. The 191-foot cargo vessel collided with a grain hauler on a blustery night in September 1894, sinking both. The Ironton’s captain and six sailors clambered into a lifeboat but it was dragged to the bottom before … Continue reading After being lost for over 100 years, a ship was discovered in Lake Huron

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Politics

Republicans say Biden FAA nominee is ‘not qualified’ for the job

Senate Republicans on Wednesday bashed President Biden’s pick to lead the Federal Aviation Administration, accusing him of not being qualified to head the agency.  In his first confirmation hearing since Biden, 80, nominated him for the post nearly eight months ago, Phil Washington was grilled by Republicans on the Senate Committee on Commerce, Science, and Transportation Committee, who called out his lack of experience in … Continue reading Republicans say Biden FAA nominee is ‘not qualified’ for the job

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U.S. News

Union rep: Employees reporting illness after working on cleanup for East Palestine derailment

Workers that aided in the cleanup of the train derailment in Ohio have experienced lingering migraines and nausea, according to a union representative for workers that build and maintain railways for Norfolk Southern. Jonathan Long, a union representative for the Brotherhood of Maintenance of Way Employees Division of the International Brotherhood of Teamsters, said in a Wednesday letter to Ohio Gov. Mike DeWine (R) that … Continue reading Union rep: Employees reporting illness after working on cleanup for East Palestine derailment

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Politics

Senate kills Biden ESG investment rule in stunning rebuke

The Senate on Wednesday passed a disapproval resolution, formally killing a Biden administration Department of Labor rule that encourages private retirement plan fiduciaries to consider environment, social and governance (ESG) factors when making investment decisions for over 150 million Americans. The measure, which only required a simple majority to pass, passed the threshold in a 50-46 vote. The House of Representatives passed it Tuesday in … Continue reading Senate kills Biden ESG investment rule in stunning rebuke

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Politics

Boris Johnson says he will find it hard to vote for Rishi Sunak’s Brexit deal

Boris Johnson has said he will find it “very difficult” to vote for Rishi Sunak’s new Brexit deal for Northern Ireland The former prime minister said the deal was “not about the UK taking back control”. It is the first time he has commented since Mr Sunak unveiled the Windsor agreement on Monday. The deal with the EU aims to fix post-Brexit trade problems in … Continue reading Boris Johnson says he will find it hard to vote for Rishi Sunak’s Brexit deal

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Politics

George Santos’ mysterious new treasurer is unknown to local politicians

Rep. George Santos’ mysterious new treasurer is unknown to local politicians but is curiously listed as living at the apartment where Santos’ sister lived until earlier this year. Andrew Olson was listed as the treasurer for Santos’ federal political committees on February 21, shortly after the Federal Election Commission warned the congressman that he could not raise or spend money without one. But Olson raised … Continue reading George Santos’ mysterious new treasurer is unknown to local politicians

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World News

Situation ‘critical’ in Bakhmut as retreat contemplated

Russia and Ukraine locked horns on Thursday following Moscow’s accusation that a Ukrainian sabotage group had crossed the border into Russia’s Bryansk region and had fired at civilians and taken some hostage in one village. Ukraine rejected the accusations, saying Russia was behind a “deliberate provocation” but also claimed anti-government Russian partisans were behind the attack. Back in Ukraine, Russian forces appear to be tightening … Continue reading Situation ‘critical’ in Bakhmut as retreat contemplated

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U.S. News

Michigan injection well that took Ohio train waste has checkered past

A disposal site in metro Detroit which accepted hazardous waste from the Ohio train derailment disaster in East Palestine is facing civil penalties for recent legal violations, according to Michigan regulators. In Romulus, an injection well used to dispose of liquid waste from the Ohio cleanup was found in violation of hazardous waste handling rules last summer, according to the Michigan Department of Environment, Great … Continue reading Michigan injection well that took Ohio train waste has checkered past

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U.S. News

Chicago police officer killed, suspect in critical condition after shootout

A Chicago police officer was fatally shot Wednesday during a chase on the city’s south side, authorities said.  The shooting occurred in the 5200 block of S. Spaulding Avenue around 4:45 p.m., Fox Chicago reported. A caller said a suspect was chasing a female with a gun, Police Superintendent David O. Brown told reporters.  When officers arrived, one officer knocked on the door of where … Continue reading Chicago police officer killed, suspect in critical condition after shootout

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U.S. News

A man is charged for allegedly trying to bring explosives in his suitcase on a flight

A Pennsylvania man faces federal criminal charges after he checked in a suitcase with an explosive device hidden in the lining on a flight to Florida, authorities said Wednesday. Marc Muffley, 40, is charged with possessing an explosive in an airport and possessing or attempting to place an explosive or incendiary device on an aircraft, according to a criminal complaint. Prosecutors allege that the material … Continue reading A man is charged for allegedly trying to bring explosives in his suitcase on a flight

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Politics

Blinken, Lavrov meet briefly as U.S.-Russia tensions soar and war grinds on

U.S. Secretary of State Antony Blinken and Russian Foreign Minister Sergey Lavrov talked briefly Thursday at a meeting of top diplomats from the Group of 20 nations in the first high-level meeting in months between the two countries.  U.S. officials said Blinken and Lavrov chatted for roughly 10 minutes on the sidelines of the G-20 conference in New Delhi. The short encounter came as relations … Continue reading Blinken, Lavrov meet briefly as U.S.-Russia tensions soar and war grinds on

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Technology

The race to build AI-powered humanoids is heating up

Robotics startup Figure, which launched in 2022, has spent the last half year quietly developing a bipedal humanoid robot. That robot, named Figure 01, has just been unveiled publicly. Modeled after the human form, Figure 01 walks on two legs and is intended to do manual labor that currently relies on actual living humans. With a labor shortage in the U.S. that numbers in the … Continue reading The race to build AI-powered humanoids is heating up

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U.S. News

Seven rushed to hospital after severe turbulence forces Lufthansa flight to make emergency landing in Virginia

SEVEN people have been rushed to the hospital after severe turbulence on a flight led to an emergency landing on Wednesday. Terrified passengers were heard screaming with reports of broken glass in the cabin during the emergency on Lufthansa Flight 469. The plane was flying from Austin, Texas to Frankfurt, Germany when it was forced to land at Dulles International Airport in Virginia. The extent … Continue reading Seven rushed to hospital after severe turbulence forces Lufthansa flight to make emergency landing in Virginia

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Business

Car salespeople are replaced with AI as digital showrooms hit the metaverse

KIA and Fiat have introduced digital metaverse dealer showrooms so customers can more easily shop for cars from the comfort of their homes. The two auto manufacturers are among the first organizations to justify the sales platform’s use within their businesses.  The Fiat Metaverse Store was first unveiled at the Consumer Electronics Show (CES) in Las Vegas in January, Axios reports. The platform was created with Microsoft … Continue reading Car salespeople are replaced with AI as digital showrooms hit the metaverse

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U.S. News

New York City plans to dole out $21,500 each to 2020 Black Lives Matter protesters

New York City is planning to compensate protesters from a 2020 demonstration following George Floyd’s death with $21,500 each in a new settlement. In the proposed settlement, the city has agreed to pay $21,500 to each member of the class-action suit, plus an additional $2,500 to those who were issued “Desk Appearance Tickets.” If it is approved by a judge, the settlement could amount to … Continue reading New York City plans to dole out $21,500 each to 2020 Black Lives Matter protesters

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U.S. News

Man arrested after targeting Michigan attorney general in plot to kill Jewish elected officials

A Michigan man was arrested by the FBI after officials say he targeted the state’s attorney general as part of a larger plot to injure or kill locally elected Jewish officials. Jack Eugene Carpenter was arrested in mid-February after threatening to kill elected officials online for their COVID-19 policies, according to tweets he posted earlier this year. Carpenter specifically criticized the vaccine mandate imposed at … Continue reading Man arrested after targeting Michigan attorney general in plot to kill Jewish elected officials

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World News

UK could mass vaccinate chickens to prevent avian influenza

The UK government is actively considering vaccinating the country’s poultry flock against bird flu in a bid to curb the worst-ever global outbreak of the virus and prevent it turning into a new pandemic in humans, i can reveal. In what would be a major change of UK policy, government officials and scientists are looking at overturning a ban on vaccinating tens of millions of … Continue reading UK could mass vaccinate chickens to prevent avian influenza

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Business

Discover Card to Begin Tracking Gun Purchases in April

Starting from April 2023, Discover will be the pioneer among credit card issuers in monitoring firearm transactions carried out by their cardholders. Breitbart News reported on September 11, 2022 that Visa yielded to demands from gun control organizations and New York Democrats and will now classify firearm and ammunition transactions through a new sales categorization. The Associated Press noted that Mastercard and other leading credit … Continue reading Discover Card to Begin Tracking Gun Purchases in April

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World News

Finland begins construction of Russia border fence

Finland has begun construction of a 124-mile barrier fence on its eastern border with Russia — enacting a security plan developed after Russian President Vladimir Putin ordered an invasion of neighboring Ukraine.  The Finnish Border Guard said the fence will be 10 ft. tall with barbed wire and surveillance equipment installed on top. It will not span the entire border with Russia but will be … Continue reading Finland begins construction of Russia border fence

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Technology

India leads world in cutting internet access for 5th year in a row

India imposed by far the highest number of internet shutdowns in the world in 2022, internet advocacy watchdog Access Now said on Tuesday, as the country topped the list for the fifth successive year. Out of 187 internet shutdowns globally recorded by Access Now, 84 took place in India, including 49 in Indian- administered Kashmir, the New York-based digital rights advocacy group said in a … Continue reading India leads world in cutting internet access for 5th year in a row

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Politics

New president of Vietnam nominated by Communist Party: Report

The Vietnamese Communist Party has nominated Vo Van Thuong as the country’s new president, two party sources told the Reuters news agency, following the forced resignation in January of his predecessor as part of a sweeping anti-corruption campaign in the country. The government in a statement on Wednesday said the party’s Central Committee had agreed on a nomination for president but did not name the … Continue reading New president of Vietnam nominated by Communist Party: Report

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Space

Lunar Lander Travels Deeper Into Space Than Any Other Commercial Spacecraft

The Hakuto-R spacecraft won’t land on the Moon until April, but the private mission is already in the record books. Tokyo-based company ispace developed the lunar spacecraft and lander with the aim of becoming the first private mission to successfully land on the Moon. During its long journey to the Moon, Hakuto-R got as far as 855,000 miles (1.376 million kilometers) away from Earth on … Continue reading Lunar Lander Travels Deeper Into Space Than Any Other Commercial Spacecraft

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Archaeology

2,000-Year-Old Ancient Roman Dry Cleaner Unearthed by Archaeologists at Pompeii

A 2,000-year-old ancient Roman dry cleaner was unearthed by archaeologists at the Pompeii Archaeological Park in Italy, the Miami Herald reports. Archaeologists have been excavating a previously unexplored section of the site at Insula 10 in Regio IX along the via di Nola. The land is sizable—“about the size of a city block,” per the Miami Herald—and was used for farming until it became part … Continue reading 2,000-Year-Old Ancient Roman Dry Cleaner Unearthed by Archaeologists at Pompeii

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Technology

Jack Dorsey’s New ‘Decentralized’ Twitter Hits the App Store

Twitter users could have the chance to pivot to an upcoming rival social media app, Bluesky, which launched its Beta test on Apple’s app store Tuesday. Former Twitter CEO and founder Jack Dorsey is the mastermind behind Bluesky, which he announced he would be focusing on after Elon Musk bought Twitter for $44 billion in October of last year. Bluesky was originally conceptualized as a … Continue reading Jack Dorsey’s New ‘Decentralized’ Twitter Hits the App Store

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