Paramedics transport an injured person to the American University of Beirut Medical Center (AUBMC) after an incident involving Hezbollah members’ wireless devices in Beirut, Lebanon (EPA)At least nine people have been killed and thousands wounded after electronic pagers belonging to the Hezbollah militia simultaneously exploded in Lebanon and Syria.The majority of the explosions took place in the southern suburbs of Beirut, the capital of Lebanon. Additional explosions were recorded in the Syrian capital of Damascus, where many Hezbollah members are based.Hezbollah controls southern Lebanon, where they have been exchanging rocket fire with Israel across the border for nearly a year…
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BurgerFi announced Monday that it’s exploring a sale via bankruptcy after an out-of-court attempt became unviable. The proposed sales and bidding process in court is part of a financing agreement in which the company received $3.5 million from its lender TREW Capital Management. The money will be used to stabilize operations and negotiate with vendors and landlords. “The Company has worked very hard to ensure that the transition into Chapter 11 would have no impact on our valued employees, customers and franchise partners,” CEO Carl Bachmann said in a statement. “We are very pleased that we received approval of our…
Angela Weiss / AFP via Getty ImagesKey TakeawaysSmall-cap stocks have outperformed their large-cap peers in recent days as investors have prepared for the Federal Reserve to begin making long-awaited interest rate cuts.Small caps are expected to benefit most from lower interest rates due to their propensity to hold floating-rate debt and have weaker balance sheets.Sluggish earnings and substantial uncertainty about the health of the U.S. economy are two reasons some expect small-caps to underperform in the near term despite lower rates.While market participants are anything but certain about the specifics of the Federal Reserve’s decision on interest rates rate tomorrow,…
Sean “Diddy” Combs, in New York in 2016.Sean “Diddy” Combs, the spotlight-adoring music impresario who helped launch the careers of some of the biggest names in hip-hop and R&B, was denied bail and sent to jail Tuesday after being accused in a three-count federal indictment of having used his sprawling business empire to abuse, threaten and traffic women in order to “fulfill his sexual desires” and protect his reputation.Prosecutors in the Southern District of New York accuse Combs of sex trafficking, racketeering and transportation to engage in prostitution in the indictment unsealed Tuesday.It accuses Combs, 54, along with members of his security…
Nissan’s momentum is soaring with record breaking news, an array of 2025MY models, and exciting new offerings for both US and international markets. The standout announcement is the all new third generation 2025 Nissan Armada, sharing the same powerful 3.5 liter V6 engine as its Infiniti QX80 sibling. A revolutionary cockpit and a refreshed yet instantly recognizable exterior design complete the package. Globally, the seventh-generation 2025 Nissan Patrol mirrors the Armada, offering the option of a naturally aspirated V6 engine alongside the turbocharged variant. In the US, Nissan’s crossover and SUV lineup is robust, featuring the all new Kicks, popular…
Apple CEO Tim Cook introduces the Apple Card during a launch event at Apple headquarters in Cupertino, California, on March 25, 2019.Noah Berger | AFP | Getty ImagesApple is in discussions with JPMorgan Chase for the bank to take over the tech giant’s flagship credit card program from Goldman Sachs, a person with knowledge of the negotiations said.The discussions are still early and key elements of a deal — such as price and whether JPMorgan would continue certain features of the Apple Card — are yet to be decided, said the person, who requested anonymity to discuss the nature of…
The timing of two positive Microsoft developments ahead of Wednesday’s Federal Reserve interest rate cut bolsters the case to buy shares of the software and cloud giant on any sizeable dips. Like the overall market, Microsoft has been running higher of late as odds increasingly favor a 50-basis-point Fed cut. With so much hope on Wall Street, if the Fed were to go with a smaller 25-basis-point move, the market could get hit and pressure Microsoft stock. Therein lies the opportunity. Microsoft stock on Tuesday added to recent gains — advancing nearly 1% to around $435 per share — following…
McGarry — who appeared alongside Wallace on the Hallmark Channel series — showed off his wedding ring at the annual Hearties Family Reunion fan event on Sept. 14Kayla Wallace/Instagram Kevin McGarry and Kayla WallaceWhen Calls the Heart stars Kevin McGarry and Kayla Wallace are married!During a panel appearance at the annual Hearties Family Reunion fan event on Saturday, Sept. 14, McGarry, 39, confirmed that he and Wallace, 35, tied the knot. In a video from the event, shared on Instagram by the fan account Suspenders Unbuttoned, the panel host can be heard remarking to McGarry, “You’ve got a ring on…
Lebanese army soldiers block an entrance of a southern suburb of Beirut following the blasts [AFP]Nine people, including a child, have been killed after handheld pagers used by members of the armed group Hezbollah to communicate exploded across Lebanon, the country’s health minister says.Iran’s ambassador to Lebanon was among 2,800 other people who were wounded by the simultaneous blasts in Beirut and several other regions.Hezbollah, which is backed by Iran, said the pagers belonged “to employees of various Hezbollah units and institutions” and that at least two members were among the dead.The group blamed Israel for what it called “this…
The 2025 Ford Mustang, a continuation of the iconic pony car’s legacy, is poised to make a significant impact in the automotive market. Building upon the success of its predecessor, this year’s model introduces several exciting additions that cater to a wide range of enthusiasts. One of the most anticipated features is the introduction of the Mustang GTD, a track focused variant designed to compete head to head with the Chevrolet Corvette ZR1. This high performance machine offers an exhilarating driving experience for those seeking the ultimate in speed and agility. With its advanced suspension system, powerful engine, and aerodynamic…