House speaker backs transgender bathroom restrictions on Capitol Hill

US House Speaker Mike Johnson has backed plans to ban transgender women from using female bathrooms on Capitol Hill. “Women deserve women’s only spaces,” Johnson said in a statement on Wednesday. He said the new rule would be enforceable in the Capitol and in House office buildings. It comes after his Republican colleague, Representative Nancy […]

Fate of Gaetz ethics report uncertain after congressional panel deadlocked

A congressional ethics committee has failed to reach an agreement over whether to release a report on alleged sexual misconduct by Matt Gaetz, Donald Trump’s nominee to lead the US Department of Justice. The House committee met for two hours behind closed doors on Wednesday, as calls grew for details of its investigation into Gaetz, […]

Uncertainty after Australia foreign students bill hits opposition

Australia’s debate over capping foreign student numbers is “not over” despite a controversial bill unexpectedly losing support, a top industry body says. The bill, part of efforts to slash overall migration to Australia, had been opposed by most universities who say it would damage the higher education sector and its global reputation. The government argued […]

Hamas: No hostages-for-prisoners swap deal with Israel unless Gaza war ends

Texas authorities say they are prepared to offer President-elect Donald Trump 1,400-acres (567 hectares) of land along the US-Mexico border to build detention facilities for undocumented migrants. In a letter, the Texas General Land Office said the plot could be used to build facilities for “processing, detention, and co-ordination of the largest deportation of violent […]

5 things to know before the stock market opens Wednesday

Here are five key things investors need to know to start the trading day: 1. Investors await Stock futures inched higher Wednesday as Wall Street anticipates Nvidia’s earnings report after the bell. Futures tied to the Dow Jones Industrial Average rose about 0.16%, while S&P 500 futures increased 0.09% and Nasdaq 100 futures ticked up by 0.07%. Follow live market updates. 2. […]

CNBC’s Official NHL Team Valuations 2024: Here’s how the 32 franchises stack up

The National Hockey League is commanding more respect when it comes to team values. The average NHL team is worth $1.92 billion, according to CNBC’s Official 2024 NHL Valuations, and recent transactions come at revenue multiples that rival deals done in Major League Baseball. What accounts for the league’s ascension? Steady revenue growth combined with […]

European markets trade higher as traders assess simmering geopolitical tensions

European markets traded higher Wednesday as investors keep an eye on a spike in tensions in the Ukraine-Russia war. The pan-European Stoxx 600 was 0.5% higher at midday, with the majority of sectors in positive territory. The FTSE 100 was flat after data released earlier showed U.K. inflation picked up sharply to a higher-than-expected 2.3% in October. The best performer […]

Alphabet’s VC arm backs little-known SAP rival Odoo, boosting valuation to $5.3 billion

Rising global trade tensions present a risk to the euro area economy, the bloc’s central bank found in its biannual Financial Stability Review out on Wednesday. The European Central Bank also said weak growth was now a bigger threat than high inflation in the 20-nation euro zone. The latest figures recorded euro zone economic growth at […]

European Central Banks warns of trade tension risks to euro zone financial stability

Delta Air Lines CEO Ed Bastian said the Trump administration’s approach to regulation could be a “breath of fresh air.” Speaking to reporters ahead of Delta’s investor day, Bastian noted that President-elect Donald Trump campaigned saying he would take a “fresh look” at regulation and bureaucracy. The U.S. Department of Transportation under Secretary Pete Buttigieg has issued a […]

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