Author: Press Room

The JPMorgan Chase & Co. building before the ribbon cutting ceremony, at the firm’s new headquarters at 270 Park Avenue, in New York City, U.S., Oct. 21, 2025.Eduardo Munoz | ReutersA JPMorgan Chase-led group of banks cut their exposure to a private credit fund co-managed by KKR days before the asset manager announced it was spending $300 million to prop up the troubled vehicle.The fund, FS KKR Capital Corp., said Monday in a release that KKR will inject $150 million into the fund as equity and spend another $150 million to buy shares from investors who want to exit. Those…

new video loaded: U.S. Army Recovers Body of Soldier Who Went Missing During Military Exercises in MoroccoThe remains of First Lt. Kendrick Lamont Key Jr. were found in Morocco after he and another soldier went missing while on a hike at a training range. The search continued for the other missing service member.By Cynthia SilvaMay 11, 2026

Washington — President Trump has approved a plan to fire Food and Drug Administration Commissioner Marty Makary, according to two sources. The president dodged questions about Makary’s potential ouster on Friday. The timing of his potential termination remains unknown, and the president could always change his mind. Makary has not been notified of his firing yet, according to a senior Health and Human Services official who also told CBS News that he has a lot of support inside HHS.He didn’t appear Monday in the Oval Office alongside other top federal public health officials as the president touted his administration’s work on maternal…

Microsoft CEO Satya Nadella took the stand in the Musk v. Altman trial on Monday, where he testified that Elon Musk never contacted him with concerns that Microsoft’s investments in OpenAI were in violation of any special terms or commitments.Nadella, wearing a navy suit with a blue tie, began his testimony in federal court in Oakland, California by answering questions about the early days of the Microsoft’s strategic partnership with OpenAI. He said he was “very proud” that Microsoft took the risk to invest in OpenAI when “no one else was willing” to bet on the fledgling lab.In 2024, Musk…

NEWYou can now listen to Fox News articles! Florida authorities arrested nearly two dozen individuals after yet another viral teen takeover turned chaotic over the weekend.The incident unfolded in the area of Curtis Hixon Park in Tampa on Friday night, where the rowdy group caused “significant disruptions, fights, and other issues in the park and surrounding areas,” according to the Tampa Police Department.Officers were subsequently dispatched to the scene, and the department deployed air patrols to monitor the youngsters, with body camera footage showing the chaotic moment police officers rushed onto the scene and began making arrests. “This type of reckless…

Corning GLW shares surged more than 10% on Monday, hitting a new 52-week high of $208.34, as investors reacted to a combination of bullish analyst actions, a major Nvidia partnership, and an upgraded long-term growth outlook tied to artificial intelligence infrastructure demand.The sharp rally came after Bank of America added Corning to its “US 1 List,” a collection of the firm’s top investment ideas. The endorsement placed Corning alongside companies such as FedEx and C.H. Robinson Worldwide and highlighted the company’s efforts to expand its Springboard growth plan and capitalize on opportunities in the photonics sector.The gains significantly outpaced the…

ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via EmailGlobal Business Travel Association CEO Suzanne Neufang says Middle East travel demand is showing signs of stabilising as regional airlines cut fares to win back passengers and adjust to a “new normal”.05:12Sun, May 10 202611:32 PM EDT

A Toronto councillor has revealed police are investigating allegations against him, saying he can’t share what the allegations are. Scarborough Southwest Coun. Parthi Kandavel confirmed the investigation in a statement over the weekend.“On Friday afternoon, I was surprised to learn of an OPP investigation into allegations against me. I recognize this is difficult news and hope to resolve the situation quickly,” he wrote on social media. Get daily National news Get daily Canada news delivered to your inbox so you’ll never miss the day’s top stories. “I’ve worked hard to earn the trust of the people of Scarborough Southwest, which…

Some Nationals MPs fear their seats may be at risk from an ascendant One Nation after the populist party’s thumping win in the Farrer by-election.Pauline Hanson’s newest MP won’t take his place in parliament for another few weeks while the Australian Electoral Commission finalises the count in the southern NSW seat, but the ramifications of David Farley’s victory are already being felt in the coalition.Nationals MP Michael McCormack, whose electorate of Riverina neighbours Farrer, conceded One Nation could pose a threat to him at the next election.”I’d be silly to say I’m just turning a blind eye to what happened…

NewsFeedIran’s Foreign Ministry spokesperson Esmail Baghaei says Tehran’s response to the latest US proposal to end the war was “not excessive.” He says it’s the US that continues to make “unreasonable demands” during negotiations over ending the war and reopening the Strait of Hormuz.Published On 11 May 202611 May 2026Click here to share on social mediashare-nodesSharegoogleAdd Al Jazeera on Googleinfo