(Bloomberg) — For one Citigroup Inc. trader in London, the morning of May 2, 2022 went from bad to worse. Most Read from Bloomberg It was a public holiday in the UK, so it should have been a quiet day in the markets. A little before 9 a.m., the staffer on Citigroup’s Delta One trading […]
Tag: sparking
Behemoth sunspot AR3664 unleashes its biggest solar flare yet, sparking radio blackouts on Earth (video)
It’s gone and done it again. Colossal sunspot AR3664 has unleashed its most powerful solar flare yet, and Earth is once again in the firing line. The X3.98 flare peaked in the early hours this morning (May 10) at 2:54 a.m. (0654 GMT) triggering either temporary or complete loss of high frequency (HF) radio signals […]
Top public relations executive at Chinese technology firm Baidu apologizes after sparking backlash
HONG KONG (AP) — A top public relations executive from Chinese technology firm Baidu apologized Thursday after she made comments in a series of videos that critics said glorified a culture of overwork. Baidu’s head of communications Qu Jing sparked a public outcry in China after she implied in the videos that she was not […]
Cocoa Plunges Most Ever With Trader Exodus Sparking Huge Moves
(Bloomberg) — Cocoa plunged by the most ever — slumping as much as 27% in just two days — with price swings becoming more extreme as fewer investors and companies can afford to maintain trading positions. Most Read from Bloomberg Futures slid as much as 13% in New York on Tuesday, before paring some of […]
Alberta’s flu death toll hits 15-year high, sparking calls for better immunization outreach
Alberta is emerging from its deadliest flu season in 15 years. Provincial data shows 167 people died of influenza during the 2023-24 flu season, eclipsing all other seasons dating back to 2009. This season’s death toll more than tripled the 2018-19 season total and nearly doubled the prior year. Last season, which was the previous high, saw […]
Biden to speak at Morehouse College commencement, sparking faculty concerns
WASHINGTON — Morehouse College is set to announce that President Joe Biden will deliver its commencement address on May 19, but some faculty members have raised concerns about the decision, according to two people familiar with the matter and an email to faculty members reviewed by NBC News. “This week, I received an inquiry from […]
What If Fed Rate Hikes Are Actually Sparking US Economic Boom?
(Bloomberg) — As the US economy hums along month after month, minting hundreds of thousands of new jobs and confounding experts who had warned of an imminent downturn, some on Wall Street are starting to entertain a fringe economic theory. Most Read from Bloomberg What if, they ask, all those interest-rate hikes the past two […]
Ecuadorian police broke into Mexico’s embassy, sparking outrage. Why is this such a big deal?
MEXICO CITY (AP) — Diplomatic relations between Mexico and Ecuador dramatically imploded after Ecuadorian police burst into Mexico’s embassy in Quito and arrested Jorge Glas, Ecuador’s former vice president. Glas, arrested late Friday, had been convicted on charges of bribery and corruption and remains under investigation for other potential crimes. Following the arrest, leaders from […]
Transgender Day of Visibility coincides with Easter, sparking outrage
AUSTIN (KXAN) – Hundreds attended a community picnic and art market event, hosted by Gender Unbound, to celebrate Transgender Day of Visibility on Sunday. The event comes two days after President Joe Biden proclaimed March 31, 2024, as Transgender Day of Visibility. “We have several transgender artists, as well as transgender musicians who are showcasing […]
This American City Is Offering $1 Homes In Its Crime-Filled Neighborhoods, Sparking Concerns of Gentrification And Violence
With home affordability near its lowest level in over 40 years because of high mortgage rates and home prices, being able to purchase a home for $1 might seem impossible. However, the city of Baltimore is offering a deal intended to attract new homebuyers. It’s practically giving away houses. An estimated 13,000 homes in Baltimore […]
Russian airstrikes hit Ukraine, sparking fires and power outages
A large-scale Russian airstrike in the early hours of Sunday has once again caused fires and power outages in Ukraine, according to officials. The military governor of the Dnipropetrovsk region, Serhiy Lysak, said falling debris damaged heating and power grids in the industrial city of Kryvyi Rih in the south. Consequently, six hospitals, more than […]
Kyle Rittenhouse set to speak at University of Memphis, sparking outrage in community
In August 2020, 17-year-old Kyle Rittenhouse shot and killed two protesters in Kenosha, Wisconsin, and injured a third. He claimed self-defense. Then, in fall 2021, he was acquitted of criminal accusations in a controversial, heated trial, and became a hero of far-right politicians and Second Amendment advocates. Now, Rittenhouse is set to speak at the […]