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2 days ago
The desperate pleas for air cover from Yemeni generals started coming mid-morning on Thursday. An advance by the Iran-backed Houthis toward Yemen's strategic port city of Mocha was in full swing, and backup support from chief ally Saudi Arabia was nowhere in sight.
"The Houthis committed everything they had – waves upon waves of fighters … along with their available ballistic missiles and weapons," a senior Yemeni source attached to their military forces told CNN. The source said he contacted the United States Central Command (CENTCOM) and was ******* ured the US was "watching the situation closely and that Saudi air support was coming."
"But the air support never came," the source said. "And Mocha has now fallen."
Hours later, on Friday, the Houthis captured another key coastal ******* et, Perim Island, at the mouth of the Red Sea. The island splits the Bab al-Mandeb Strait in two, giving Tehran de facto control over another key shipping route.
The Houthis' rapid advance amounts to an extraordinary 36 hours in a conflict that had been largely on ice for years. But the kindling for renewed fighting had been laid for months amid the conflict between the United States and Iran, as Tehran seeks to use oil prices – and their impact on the global economy – as leverage.

#saudi
fxftawxufdm
2 days ago
Annual U.S. cancer deaths tied to alcohol consumption more than doubled over a three-decade period, according to a recent study led by researchers at the Sylvester Comprehensive Cancer Center at the University of Miami Miller School of Medicine.
The findings, published in The Lancet Regional Health — Americas and presented at the American Society of Clinical Oncology Annual Meeting in Chicago, revealed that alcohol-attributable cancer deaths jumped from 11,361 in 1990 to 23,126 in 2023.
Researchers ******* yzed more than 30 years of data from the Global Burden of Disease study to track the trends.
Beer, Wine Or Liquor? Massive Study Reveals Which Was Linked To Lower Death Risk
While alcohol has long been classified as a Group 1 carcinogen by the International Agency for Research on Cancer, surveys show that awareness of its link to cancer remains limited.

#study
fxftawxufdm
2 days ago
Sen. John Fetterman has faced a tide of public criticism from fellow Democrats as he stakes out lonely ground as a critic of the far-left wing of his party — and another wave rolled in Wednesday after he made a surprise video appearance at the Republican midterm convention.
So far, however, his Senate colleagues haven't joined the pile-on.
Democratic senators are staying above the fray as they work to flip the majority in November amid constant speculation that the 57-year-old Pennsylvanian could trigger a nightmare scenario by leaving the party and caucusing with the GOP.
Some have worked to publicly bat down suggestions that Fetterman could abandon Democrats for the final two years of his term — something he has denied considering, even as he continues to raise eyebrows with his outspoken support of Israel, bashing of democratic socialists and close relationships with Senate Republicans.
"John Fetterman is a friend and an important member of our caucus. It's a waste of energy to get spun up about his voting record or place in our party — he votes with us 90 percent of the time," Democratic Sen. Peter Welch of Vermont, who is close with Fetterman, said in a statement to POLITICO before the convention appearance. "We need a big tent if we're going to win in November."

#party #democrats #appearance
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3 days ago
BOSTON (AP) — The highest court in Massachusetts on Thursday issued a public reprimand against a district court judge who was accused of allowing an immigrant to escape U.S. Immigration and Customs Enforcement custody.
The case dates back to 2018 when Judge Shelley Joseph was accused of colluding with the immigrant's attorney and a court officer to allow him to escape out a back door of the courthouse after a hearing on charges that included drug possession.
The decision by the Supreme Judicial Court follows a recommendation for the reprimand by a hearing officer for the Commission on Judicial Conduct. It concluded that Joseph created the appearance of impropriety and failed to comply with the law.
"The respondent's statements during that conversation, including her proposal to detain (the immigrant) overnight in State custody, and her conduct in instructing the clerk to turn off the court room audio recording system, created an appearance of impropriety in violation of her duties," according to the Supreme Judicial Court ruling.
Joseph's attorney, Elizabeth Mulvey, argued at the commission hearing last year that the case had been distorted over time and that everyone had come to believe that her client "let an illegal immigrant out of the door" with half the public believing she should be jailed and the other half calling her a "folk hero."

#supreme #conduct #public
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fxftawxufdm
6 days ago
NASA Administrator Jared Isaacman's support for Elon Musk's idea to put AI data centers in **** e and power them with solar panels did not occur in a vacuum. It comes not just against a background of rising, bipartisan opposition to ground-based data centers but also the recent announcement of an immense, **** eX Starbase to be built in Louisiana.
Many people oppose data centers out of the same kind of "NIMBY" emotion that fueled opposition to nuclear power plants and hydraulic fracking. They view them as big, noisy eyesores that will consume a lot of electricity and water to the detriment of local communities.
Opposition to ground-based AI data centers is not universal. Trade unions, which foresee lots of jobs being created in their construction and operation, are warmly supporting them. On the other hand, if Meta's experiments with using robots at data centers pans out, those jobs may be fewer than many expect.
The reason that many people are opposed to AI data centers in their communities may have less to do with objective facts than a Chinese disinformation campaign to turn them against such facilities. Engadget reports that X uncovered a Chinese bot farm with 200,000 accounts, 200 of which were used to manipulate the debate about data centers.
It should be noted that the Chinese are going pedal to the metal to create their own data centers. As a totalitarian country, China is not concerned with public opinion one way or the other. Beijing is determined to dominate AI according to its ideology and interests.

#centers #opposition #people #communities
fxftawxufdm
6 days ago
SEOUL, Sept 7 (Reuters) - South Korea and the United States have agreed on the size of Seoul's planned ‌investment in a gas project in Texas at ‌around $22.3 billion, Korean media outlet Edaily reported on Monday, citing unidentified officials and politicians.
The project, which would be Seoul's first U.S. investment under last year's trade agreement, aims to build a 6.3-gigawatt gas plant in Encinal, Texas, to meet rising power demand for ‌AI data centres, according ⁠to the media reports.
The investment would be part of the trade deal signed by the two ⁠allies last year, under which Seoul pledged $350 billion worth of U.S. investments in exchange for favourable U.S. tariffs on imports of South Korean goods.
The reports did not say whether Seoul would shoulder ‌the whole cost of the Texas project.
Seoul is also considering other potential projects in the United States, including building a large-scale nuclear power plant or a liquefied natural gas project in Alaska, the reports said.

#states
fxftawxufdm
7 days ago
(Fixes typo in byline)
By Yasmine Ghania and Hatem Maher
DUBAI, Sept 7 (Reuters) - Iran said it will announce a new restricted zone in the Gulf in the coming days, along with maps of a new shipping corridor through the Strait of Hormuz, as a weekend exchange of strikes on shipping sent oil prices higher on Monday.
The new restricted zone will ‌begin from where the U.S. blockade of Iran begins and extend into areas of the Gulf, Mohsen Rezaei, the secretary of Iran's Supreme National Security Council, said on Sunday in an ‌interview with state TV.
Few details were provided on the plan, but Rezaei said any ship entering the new zone would be added to a sanctions list.

#gulf #hatem
fxftawxufdm
7 days ago
By Adnan Abidi
BETRAWATI, Nepal, Sept 6 (Reuters) - Believing she had perished in Nepal's deadly floods, the family of Chandika **** ari Shrestha started the ritual of mourning the elderly woman's death.
Ten ‌days later, rescuers found her alive inside her collapsed home in the devastated Betrawati village, ‌where she had survived in a narrow pocket of air amid water and mud.
"The four-storey house was swept (away) by the floods and the house was left in the middle of a quicksand. While walking around it, we heard a voice 'save me,'" police officer Mahendra Darnal said.
In a rescue operation on Saturday lasting 45 minutes, Darnal and his team found Shrestha in a confined **** e and sent her to an army hospital.

#floods #House #adnan
fxftawxufdm
7 days ago
A three-month-old girl has died while camping in woodland with her family, police have confirmed.
Emergency services were called to land off Strawberry Lane, near Cheslyn Hay, Staffordshire, at 08:45 BST on Saturday, to a report of a child in cardiac arrest.
An air ambulance was sent to the scene but the child was ****** ounced dead by paramedics a short time later, Staffordshire Police said.
"While the investigation remains at an early stage, this is an isolated incident," Det Insp Katie Gregory said. "The death is being treated as unexplained at this time."
People living in the close-knit community, a village of around 7,000 people, have been left shocked by the child's death.

#time #emergency #lane #cheslyn
fxftawxufdm
8 days ago
On its face, France and India do not have much in common. France is a NATO ally; India has remained outside any alliance system. France had numerous colonies around the world and maintains relations with many of them since they achieved independence. India was not one of those countries — it was the jewel in the British crown.
Yet both states have a common self-perception as independent poles in a multipolar world.
Despite its membership of NATO, France's long-standing refusal to join NATO's nuclear planning group reflects both its determination to maintain the independence of its nuclear deterrent and policy of what president Emmanuel Macron calls "strategic autonomy." And he is extending a French nuclear umbrella to other European states.
India, like France, is a nuclear power. It too has long pursued an independent national security policy. New Delhi did have close military and economic relations with the Soviet Union and still is a major purchaser of Russian oil. Nevertheless, the former leader of the non-aligned group of nations has no formal alliances and does not seek any.
Although France and India have maintained good relations since India achieved independence in 1947, their ties reached a turning point in 1998. That was when India conducted five nuclear tests and Washington issued sanctions against India. France did not. Indeed, France upgraded its strategic relationship with India that year.

#since
fxftawxufdm
9 days ago
OTTAWA, Sept 3 (Reuters) - Canadian Prime Minister Mark Carney said on Thursday his government was ready to sign a trade deal ‌with the U.S. that benefits both countries, adding any agreement would ‌need to have stability and credibility.
"The deal that's possible, that's in the interests of Canadian workers, families and businesses, is also the deal that is in the interests of American families, American businesses, American consumers, and ... we're ready to sit down and strike that deal when the Americans are ready," Carney told reporters ‌in Thunder Bay, Ontario.
Carney ⁠dismissed recent comments by U.S. Commerce Secretary Howard Lutnick and Treasury Secretary Scott Bessent that Canada walked away from a ⁠trade deal because of domestic politics, saying in response to a question, "I don't think, with all respect, appointed, unelected cabinet members in the United States are experts on Canadian politics."
Carney suggested there had been a recent softening in the ‌U.S. approach to any trade deal that could spur further discussions.
"There were a few issues that the United States was arguing right up to the last hour," he said, describing it as an "our way or the highway" attitude before talks broke down last month. "Now, they're not," he said. "So all of ‌a sudden, they don't care about Canadian language or culture and those elements. Well, if they didn't care, they shouldn't have kept them in the deal," Carney said. "It's good. ‌We welcome that."

#carney #canadian #ready #interests
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10 days ago
Nvidia has agreed to buy AI firm Hugging Face for $12.9 billion in a move that expands the chipmaker's capabilities beyond hardware and up the AI stack. Hugging Face — the AI company at the center of a hacking incident earlier this year that raised cybersecurity concerns — has exploded in popularity, now boasting 18 million users, providing an open-source hub for collaborative machine learning. In a blog post Thursday, Nvidia CEO Jensen Huang said Hugging Face "will remain an open platform for the entire AI ecosystem."
The deal follows a series of acquisitions within the AI industry as chipmakers and financial companies alike rush to lock down the open models atop the AI stack. The Hugging Face deal marks the second-largest for Nvidia; the chip company entered a $20 billion non-exclusive agreement to buy **** ets from chipmaker Groq in December. The chip company closed a similar deal last month, striking a $6 billion structured agreement with Poolside, an open-weight model builder. Also last month, financial infrastructure firm Stripe agreed to acquire open-weight model aggregator OpenRouter for $7.5 billion.
— Jake Angelo

#company #agreed #firm #stack
fxftawxufdm
11 days ago
An Ohio woman who dragged a DoorDash driver to his death following a fender bender in a grocery store parking lot was sentenced last week to up to 5½ years in prison.
Danielle Henry was handed the sentence after pleading guilty last month to aggravated vehicular homicide in the death of 38-year-old Ibrahim Diakite, WBNS-TV reported.
Henry had just shoplifted and was driving a stolen car when she collided with Diakite in October 2025 at a Kroger parking lot in Westerville.
The incident escalated, authorities said, when Henry fled in her vehicle.
Pregnant Woman Driving Home From Prenatal Visit Shot During Alleged Road Rage Attack: Police

#diakite #woman
fxftawxufdm
12 days ago
By Kristina Cooke and Nate Raymond
Sept 1 (Reuters) - The U.S. State Department has proposed requiring parents applying for passports for their children to provide proof of their own citizenship or immigration status as part of President Donald Trump's latest effort to limit ‌birthright citizenship.
The draft guidance, reviewed by Reuters, is the first detailed look at how the State Department could enforce Trump's August 6 ‌executive order targeting what it calls "birth tourism" and broadening historical exceptions to birthright citizenship.
The White House referred Reuters questions to the State Department. In a statement, State Department spokesman Tommy Pigott said that "President Trump has been unequivocal that this Administration will protect the meaning and value of American citizenship, full stop, and that includes making sure our passport adjudication process fully reflects that standard."
Limiting birthright citizenship has been one of the president's top priorities in his far-reaching crackdown on immigration. The U.S. Supreme Court ruled his previous attempt violated the country's Constitution.

#department #immigration #kristina #nate
fxftawxufdm
13 days ago
KUALA LUMPUR, Sept 1 (Reuters) - The United Nations refugee agency said on Tuesday it was not involved in Malaysia's planned ‌repatriation of Myanmar refugees, and warned that it remains unsafe ‌for them to return to the war-torn country.
Malaysia's Home Ministry said last week it had finalised the first phase of a voluntary repatriation programme that will see 1,476 refugees returned to Myanmar on September 29.
Prime Minister Anwar Ibrahim had earlier said Myanmar had agreed to repatriate 5,000 Rohingya, amid rising ‌tensions over the refugees ⁠within local communities in Malaysia.
The UNHCR said an ongoing armed conflict and violence across Myanmar meant there could ⁠not be a safe, dignified and sustainable voluntary return of refugees.
"Under customary international law – a binding obligation on all states – no one should be sent to a country where their rights or freedoms may be at ‌risk. Any refugee return must be voluntary, based on an informed decision, and take place in conditions of safety and dignity," it said in an emailed statement to Reuters.

#myanmar #refugees #refugee #country
fxftawxufdm
13 days ago
It has been touted by the manufacturer as the ballistic missile of the future: lethal, long-range and pinpoint. Lockheed Martin's Precision Strike Missile has the U.S. military investing billions to update its **** nal.
But a close look at what is believed to be its first use in combat — on the first day of the Iran war — highlights the potential peril of deploying this weapon near population centers because it appears to spray pellets over a wide area, according to a review by the conflict monitor Airwars and interviews with weapons experts and former defense officials.
Three missiles that struck the southern city of Lamerd on Feb. 28 killed civilians as far as 50 meters (164 feet) from where they detonated, and caused damage more than three times farther away, Airwars found. The missiles detonated above a sports complex and two residential neighborhoods, Airwars found. The blasts killed at least 21 civilians, including seven children, according to Iranian officials.
Airwars is the first to map the damage radius of the strikes in Lamerd and estimate the lethal range of the weapon used.
The PrSM is designed to explode midair and propel tens of thousands of dense metal pellets at high speed in all directions. Photos, videos and satellite images of the Lamerd strikes' aftermath **** yzed by Airwars and verified by The **** ociated Press show buildings, streets and vehicles were heavily pockmarked in a blast pattern that experts say is consistent with the PrSM's capabilities.

#lamerd #first #three
fxftawxufdm
14 days ago
WASHINGTON (AP) — The U.S. Treasury Department is preventing certain journalists from covering a finance meeting among the world's most powerful countries, the latest example of how President Donald Trump's administration has restricted media access.
Individual reporters from The New York Times, The Wall Street Journal and Bloomberg News were not granted credentials to the Group of 20 finance ministers' meeting in Asheville, North Carolina, the Times reported.
The Treasury has not explained the decision. Treasury Secretary Scott Bessent told The ****** ociated Press in an interview Sunday that "it has nothing to do with point of view."
The reporters who've been denied access include the Times' Alan Rappeport, who has been covering such meetings and the Treasury Department since 2017. However, another reporter for the Times, Berlin bureau chief Jim Tankersley, is allowed to attend.
The Times said in a statement that denying American journalists access to an event in the U.S. is "not just another disturbing effort by the administration to undermine independent journalism, but a blatant attempt to evade public scrutiny."

#access #journalists #reporters
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16 days ago
NUUK, Greenland (AP) — Two reports investigating the forcible contraception of thousands of Indigenous women and girls in Greenland by Danish health authorities for decades were split over whether the practice constituted genocide.
The Greenlandic government, which commissioned the inquiry, released the reports Friday but, when pressed by journalists during a news conference, would not say whether its leaders concluded whether a genocide had occurred. The government told the authors to use the definition under the United Nations' 1948 genocide convention, which includes "imposing measures intended to prevent births within the group."
The reports come as U.S. President Donald Trump pushes to control the Arctic island, which is a self-governing territory of Denmark. The leaders of Greenland and Denmark say the island is not for sale and only Greenlanders can decide their fate.
Known as the "spiral case, " the revelations have rocked both Denmark and Greenland. More than 350 Greenlandic Indigenous women and girls, including some 12 years old and younger, previously came forward to investigators and reported that they were forcibly given contraception by Danish health authorities. Denmark says more than 4,000 women and girls — reportedly half the fertile women in Greenland at the time — received IUDs between the 1960s and mid-1970s.
The Inuit victims, many of them teenagers at the time, said they were either fitted with intrauterine contraceptive devices, known as IUDs or coils, or given a hormonal birth control injection. They were not told details about the procedure, or did not give their consent.

#denmark #women #Genocide
fxftawxufdm
16 days ago
President Donald Trump has never taken kindly to losing elections. He's often tried to explain it away by citing bogus claims of mass voter fraud.
But ahead of the 2026 midterm election, he appears to be lining up another culprit and scapegoat: his fellow Republicans.
Repeatedly in recent weeks, Trump has suggested that if congressional Republicans lose big in November, they will have themselves to blame — and certainly not him.
This is ridiculous, of course. Trump is historically unpopular and appears to have alienated many voters even in his own party in ways that clearly harm the GOP's midterm hopes. Congressional Republicans could certainly have insulated themselves better from Trump's problems and stood up more to his excesses, but he would clearly shoulder the lion's share of the blame.
Regardless, though, Trump blaming the GOP for its own losses — if they do indeed lose control of either chamber — would set up a very interesting intraparty clash at a particularly sensitive time. It would come as it's licking its wounds from a bad election and perhaps considering a new path forward from the Trump era.

#lose
fxftawxufdm
18 days ago
MOSCOW/WASHINGTON, Aug 26 (Reuters) - U.S. CIA Director John Ratcliffe spoke with Russian intelligence officials during a visit to Moscow but did not meet President Vladimir Putin, ‌the Kremlin said on Wednesday of a trip that U.S. President Donald Trump described ‌as "semi-routine."
Kremlin spokesman Dmitry Peskov told reporters Putin had been briefed on the outcome of Tuesday's visit, which came as the war in Ukraine drags on and as efforts to reach a lasting peace between the United States and Iran have stalled.
Peskov declined to say what had been discussed or to provide any further details.
"All I can tell you is that there have been contacts via the ‌security services. I can tell you ⁠that there have been no meetings with the Russian president. Naturally, President Putin is kept informed of everything without delay," said Peskov.
Trump, in ⁠a radio interview on Wednesday, did not say specifically why Ratcliffe had travelled to Moscow but said it could prove useful.

#president #putin
fxftawxufdm
18 days ago
By Bo Erickson and David Shepardson
WASHINGTON, Aug 26 (Reuters) - U.S. President Donald Trump said on Wednesday that it was "time to teach Canada you can't ‌do this anymore," just days after trade talks between the neighboring ‌countries broke down.
"I had a deal, that was a pretty good deal, you know, quite good," Trump told Glenn Beck in an interview. "They don't have anything that we have to have, okay, we can get by. I mean, there are a couple of things that would make it a little inconvenient, but we can get them elsewhere. And it's time to ‌teach Canada you can't do ⁠this anymore."
Trump imposed new 50% tariffs on $20 billion of Canadian imports on Saturday after talks between the two countries collapsed.
Canada hit back ⁠on Tuesday with retaliatory tariffs on about $20 billion worth of U.S. annual imports and rolled out aid for businesses and workers, matching Washington's latest duties dollar for dollar. They take effect on September 8.

#can 't #countries #good
fxftawxufdm
19 days ago
House Minority Leader Rep. Hakeem Jeffries of New York is slamming comments from Hasan Piker after the far-left controversial online streamer suggested that Jewish Americans were inviting violence against themselves over their support for Israel.
"The malicious claim that American Jews are inviting violence against themselves is dangerous and antisemitic," Jeffries charged in a social media post. And he added in a CNN interview on Tuesday that Piker's comments were "malicious" and "should not be tolerated by anyone in the public square."
While Jeffries became the highest-ranking congressional Democrat to fire back at Piker, the criticism from the top Democrat in the U.S. House comes after he has largely stayed silent on the far-left insurgency, backed in part by Piker, that's gripped his party this election cycle.
Jeffries spoke out after Piker, on his stream last week, featured an image of state Sen. Jeremy Moss, the Democratic nominee in Michigan's 11th Congressional District. Moss, who is Jewish, has said that people are sharing a fake audio clip of him claiming that his entire reason for running for Congress is to make sure that America continues to support Israel.
El-sayed Tries To Distance Himself From Hasan Piker After Latest Firestorm

#jeffries #hasan #Israel #democrat
fxftawxufdm
19 days ago
Aug 25 (Reuters) - U.S. President Donald Trump said on Tuesday that all mines ‌had been detonated or removed from international ‌waters of the Strait of Hormuz and that Iran has been told that any ship or boat placing new mines will be destroyed.
In a post on Truth Social, Trump said the United ‌States, through its ⁠Space Force, was watching "every square inch" of the Strait, a key waterway ⁠in the global energy supply chain.
"There is a Zero Tolerance policy on mine placement in full force and effect," Trump said.
The U.S. and ‌Iran have not conducted air strikes on each other's militaries for weeks, but attacks on vessels in the Strait of Hormuz have continued as the two sides vie for control ‌of the narrow maritime passage.
Oil transits through the strait were at 5 million barrels per day on ‌Monday, provisional data from shiptracker Vortexa showed, down from more than 20 million per day before the war or about one of every ‌five barrels consumed worldwide.

#strait #hormuz
fxftawxufdm
20 days ago
Ukraine marked its 35th Independence Day on Monday under the shadow of continued Russian attacks, with one regional security expert arguing that Russian President Vladimir Putin is "panicked" as Ukrainian forces strike deeper inside Russia.
The anniversary, commemorating Ukraine's Aug. 24, 1991, declaration of independence from the Soviet Union, came amid intensified Russian strikes on civilian infrastructure and heightened security concerns after Ukraine's Security Service warned of possible terrorist attacks ahead of the holiday.
European leaders joined Ukrainian President Volodymyr Zelenskyy in Kyiv for Independence Day events in a show of support as the war grinds on. Zelenskyy declared that Ukraine wants peace but is not prepared to surrender to Moscow's demands.
A Russian drone strike Friday on a packed shopping center in Kryvyi Rih, Zelenskyy's hometown, killed at least 16 people and injured 130, according to The ******* ociated Press.
'Pure ******* ' In Moscow As Ukrainian Drones Strike Major Refinery Supplying Capital's Fuel Market

#ukrainian #ukraine #zelenskyy #Monday
fxftawxufdm
20 days ago
The U.S. military killed two people in a strike on an alleged drug-trafficking vessel in the Eastern Pacific, resuming a controversial campaign that has faced criticism from legal experts.
The Aug. 23 strike, part of a nearly year-long operation targeting alleged drug boats in the Caribbean and Eastern Pacific, was the first such attack in more than two month, according to independent conflict monitor ACLED.
The U.S. military's Southern Command said in a social media post that the strike targeted a "low-profile vessel" and that "intelligence revealed the vessel's active involvement in narco-trafficking," without providing evidence. SOUTHCOM described the two individuals who were killed as "narco-terrorists." The military released a video showing the strike and the vessel on fire.
"Let me be clear, we will not permit narco-terrorists to operate with impunity in the Western Hemisphere, nor will we allow their deadly poison to reach American communities," SOUTHCOM Commander Gen. Francis Donovan said in a statement.
More than 200 people have been killed in the military campaign, dubbed Operation Southern Spear, that began in September 2025 and has involved dozens of boat strikes.

#vessel
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20 days ago
For a man reportedly worth more than $10 billion, entrepreneur Mark Cuban spends a lot of time talking about wealth inequality—and how to distribute it more evenly.

The 'Shark Tank' star has long shared suggestions—and has enacted his plans—to better balance income throughout the U.S. economy. One of Cuban's ideas was to give employees company stock: he told a recent episode of the 'What It Takes' podcast that he awarded 330 employees at his media company, Broadcast.com, stock ahead of Yahoo's $5.7 billion acquisition of the company in 1999. Three hundred of those employees became millionaires as a result, he said.

Cuban also awarded equity and cash bonuses to employees of his first IT consulting company, MicroSolutions.
But the famed investor has now taken the suggestion a step further: If founders and CEOs don't seek to share the wealth generated by their companies with their employees, they should be forced to give back to society by paying higher corporate taxes.
Writing on X, the cofounder of online pharmacy Cost Plus Drugs, was asked what his plan would be to reduce wealth inequality across the country. He responded: "Increase the taxes of any company that doesn't offer equity to every employee on a pro rata basis to non-founder executives. If they get rich from the market, so do they.
"It's exactly what I have done for employees in companies I have started. Most wealthy people get that way from selling their companies or taking them public."
While Cuban proposes increased taxes as a motivator to get business leaders to share equity more broadly, a criticism of higher taxes (and tariffs, as consumers have learned the hard way) is that increases to company costs are often passed back to customers and ultimately the public. This represents a further stretch on budgets of consumers already dealing with above-target inflation, and without the boon of company stock to fall back on.

#taxes #Stock #Equity
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21 days ago
By John Geddie, Yukiko Toyoda, Ben Blanchard and Aftab Ahmed
TOKYO/TAIPEI/NEW DELHI, Aug 24 (Reuters) - Donald Trump's olive branch to North Korea's Kim Jong Un at the expense of a long-standing ally comes at a pivotal moment for U.S. security ties in Asia, as partners from ****** an to India reassess how much they can rely on Washington.
The U.S. president's abrupt decision to cut back military drills with South ‌Korea last week, which he described as hostile to Pyongyang, has reinforced fears that Trump's unpredictability could strain alliances that have long maintained peace in the region, government officials and security experts said.
Japan worries it ‌too could find itself in Trump's cross-hairs as it embarks on thorny security negotiations; Taiwan is warily watching an upcoming summit between Trump and Chinese President Xi Jinping; and India is growing less certain of its place in Washington's strategic calculus.
"The decision will certainly fuel growing doubts in the region about U.S. security commitments," said Jeremy Chan, a senior ****** yst with political risk consultancy Eurasia Group and former U.S. diplomat in ****** an and China.

#security #john
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21 days ago
ISTANBUL (AP) — Israel did not warn the United States before it struck an air base in northern Syria this week, despite fears of an escalation with the U.S. and NATO ally Turkey, the U.S. special envoy to Syria said.
Israel usually closely coordinates its military actions with the U.S., its key backer. Washington has tried to use this influence to moderate attacks as Israel carries out operations in Syria, Gaza and Lebanon.
Tom Barrack, who also serves as ambassador to Turkey, said the attack on Tuesday on the Abu Duhur base could have been Israel "baiting the Turks … that was the serious and worrying part."
However, Israeli Defense Minister Israel Katz contradicted the U.S. envoy's remarks about there being no warning, saying in a statement that Israel decided to alert senior members of the Syrian government. "Simultaneously, we transferred the intelligence reports to the relevant authorities in the U.S.," Katz added.
In the wake of the strikes, which caused damage but no casualties, the office of Israeli Prime Minister Benjamin Netanyahu said the base was attacked because Syria was "on the verge of breaching" an agreement by allowing Turkish troops to deploy there.

#syria
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23 days ago
WASHINGTON (AP) — President Donald Trump announced Friday that his administration will allow more beef to be temporarily imported into the U.S. without triggering higher tariffs, as he remains under pressure to cut costs and address affordability issues ahead of November's midterms.
Beef prices have climbed to record highs amid a sharp drop in the number of U.S. cattle, consistent consumer demand and limits on cattle from Mexico, where the animals are facing a flesh-eating pest. The U.S. president has also imposed 50% tariffs on Brazil, a major beef exporter.
The president's plan, however, drew immediate skepticism from agricultural experts and backlash from cattle ranchers and conservative rural-state Republicans. Ranchers, normally some of the president's biggest supporters, are enjoying some rare profitable years and worry cheap beef imports will reduce cattle prices — and with it, the incentive to increase herd sizes.
"We all want lower grocery prices, but as I've said for months, we cannot do it at the expense of American producers," Sen. Deb Fischer, R-Neb., said in a statement. "Flooding the market with foreign beef hurts our livestock industry and undermines the long-term solution: growing the U.S. cattle herd to meet demand."
Sen. Tim Sheehy, R-Mont., said in a social media post just hours after Trump's announcement that the president's "heart is in the right place," but importing beef will "harm our ranching families who feed the nation."

#cattle #demand #herd
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23 days ago
Israeli Defense Minister Israel Katz issued a stark warning to Turkish President Recep Tayyip Erdoğan early Thursday, accusing him of dragging Turkey into "dangerous adventures in Syria" and warning the Turkish leader not to test Israel's resolve.
"Israel will not allow any actor to threaten its security," Katz wrote on X. "It would be better for Erdoğan to continue his detached-from-reality, fanciful rhetoric against Israel in the Turkish Grand National ****** embly than to attempt to test Israel's determination to defend itself."
The warning comes two days after Israel struck Syria's Abu al-Duhur Airbase. The increasingly heated rhetoric has put Washington in the position of trying to contain tensions between Turkey, a NATO member, and Israel, Washington's closest security partners in the Middle East. Israel said Syria was on the verge of breaching a security understanding by allowing Turkish troops to deploy there, while Ankara rejected Israel's account.
Syria said there were no plans for a permanent Turkish base or troop deployment, although Syrian Foreign Minister Asaad al-Shaibani acknowledged that Turkish military officers had visited the facility for training and exchanges of expertise. Turkey's Defense Ministry said no Turkish military delegation was present at the base before or during the strike, Reuters reported.
Critics Say Turkey's Verbal Attacks On Israel Have Crossed Into Antisemitism

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