[ad_1] The FBI seized a cellphone and other electronic devices of betting site Polymarket’s CEO Shayne Coplan in a raid on his New York City apartment early Wednesday, according to a source familiar with the matter. The search comes shortly after the company’s markets wagered correctly and controversially in Donald Trump’s favor in bets for who would win the presidential election, despite opinion polls showing a tight race. The 26-year-old was at home when numerous agents entered his apartment Wednesday and he turned over his devices to authorities, the source said, adding that Coplan has not been arrested or charged. The source said it’s…
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[ad_1] Rich people are increasingly using private jets for short trips of under 300 miles — sometimes under 30 miles —and the result is their emissions have risen by 50 percent in the past five years. (The Guardian) Computers, they’re just like us! A massive dataset Waymo released showed that robotaxis are vexed by the same factors as human drivers. (The Verge) Any safety advantage gained from self-driving cars will just be negated by the sheer increase in vehicle miles driven. (Not Just Bikes for video; Jalopnik for text) Every city had its Robert Moses type. (Governing) Cities are getting…
[ad_1] Ruralists fail to comply with the agreement and manage to impose changes to the text at the last minute. The proposal now returns to the Chamber [ad_2] Source link
[ad_1] A pretty standard move in finance is that you have a product for sophisticated institutional investors, and it becomes popular, so you look for ways to offer it to retail investors. “Retail investors” can mean literally everyone on Robinhood, or it can mean some higher category of accredited or qualified or otherwise high-net-worth clients, but the point is that you are marketing the product to hundreds or thousands or millions of individuals rather than dozens of endowments and pensions.Often you will have to make some changes to the institutional product in order to offer it to retail. One common…
[ad_1] Image source: Getty Images Premium content from Motley Fool Hidden Winners UK Our monthly Best Buys Now are designed to highlight our team’s three favourite, most timely Buys from our growing list of small-cap recommendations, to help Fools build out their stock portfolios. “Best Buys Now” Pick #1: Tristel (LSE:TSTL) Why we like it: “Tristel (LSE: TSTL), is an innovative healthcare firm based in Cambridge. Its unique disinfectant products are high-margin, quick to deploy, and cost effective. The recent regulatory approval for its DUO ultrasound product in the US has seen it enter the world’s largest ultrasound market –…
[ad_1] Disney is back. After several quarters of cutting costs and revamping its streaming business, CEO Robert Iger’s turnaround plans is paying off: On Thursday, the entertainment giant reported strong quarterly earnings and a robust outlook for the coming year. Revenue in the fiscal fourth quarter totaled $22.57 billion, topping the $22.45 billion expected by analysts, according to estimates compiled by LSEG. Adjusted earnings per share (EPS) jumped 39% year over year to $1.14, outpacing the $1.10 estimate, LSEG data showed. Shares of Disney popped 10% on the results. Bottom line It was a great quarter. Sales and earnings beat.…
[ad_1] MONTREAL, Nov. 14, 2024 (GLOBE NEWSWIRE) — Osisko Metals Incorporated (the Company or Osisko Metals) (TSX-V: OM; OTCQX: OMZNF; FRANKFURT: 0B51) is pleased to announce an updated Mineral Resource Estimate (MRE) for the Gaspé Copper Project, located near Murdochville in the Gaspé Peninsula of Quebec. The updated MRE (Table 1) includes pit-constrained resources comprising 824 million tonnes grading 0.34% CuEq of Indicated category and 670 million tonnes grading 0.38% CuEq of Inferred category. This MRE represents a 53% increase in copper-equivalent metal content over the previously reported Indicated Resource and a 100-fold increase in copper-equivalent metal content in Inferred…
[ad_1] Our 4×4 Asset Allocation philosophy approaches every asset or strategy based on how it contributes to — or detracts from — four goals: Growth, Income, Preservation, and Liquidity. In particular, under the 4×4 Goal Parity framework, each of these goals has equal weight. So, what does a goals-based approach to equity factors look like from this perspective? The literature on equity factors, particularly Eugene F. Fama and Kenneth R. French’s extended family of factors, is deep and extensive. These include Small Minus Big (SMB) and High Minus Low (HML), which respectively describe the difference between returns of small- and…
[ad_1] While world leaders discussed climate finance and emissions cuts, protesters urged wealthier nations — the main contributors to greenhouse gas — to fund climate adaptation efforts for poorer countries suffering the most from its effects. [ad_2] Source link
[ad_1] Rivian Automotive (NASDAQ: RIVN) stock is hitting the brakes today after it spiked nearly 14% yesterday. That jump came after the company announced final terms for a joint venture (JV) with global automaker Volkswagen. But shares of the electric vehicle (EV) start-up were down by 5% today, as of 11:15 a.m. ET. Investors cheered the details announced with the closing of the JV yesterday. But the partnership had been previously announced, so today’s drop likely reflects that fact, as well as uncertainty about Rivian’s long-term success. Start Your Mornings Smarter! Wake up with Breakfast news in your inbox every market…