Korea Zinc Shares Hit Record High after Mbks 15 Billion Tender Offer

After a weeks-long confrontation, South Korea’s impeached president Yoon is detained

South Korean police detained impeached President Yoon Suk Yeol at his residence in Seoul on Wednesday local time, ABC News confirmed.

ABC News - 22m

South Korea’s President Yoon arrested after stand-off with police

Predawn raid on impeached leader’s compound marks latest twist in political crisis over failed martial law bid

Financial Times - 1h

U.S. budget deficit swells to record $711 billion in first quarter of fiscal year

The U.S. federal budget deficit widened to a record $711 billion in the first three months of the fiscal year, up from $510 billion in the same period last year, an increase of 39%, the Treasury ...

MarketWatch - 8h

Havertz's wife shares threats after Arsenal loss

The wife of Arsenal player Kai Havertz has shared abusive messages she received on social media after Arsenal lost to Manchester United in the FA Cup on Sunday.

ESPN - 18h

Impeachment trial of South Korea's Yoon adjourned after he does not attend

South Korea’s Constitutional Court adjourned the opening session of the impeachment trial of President Yoon Suk Yeol on Tuesday after he did not attend.

NBC News - 19h

British Airways owner’s transatlantic focus lifts shares to post-pandemic highs

Airline group doubles down on premium business between Europe and US

Financial Times - 23h

Johnson & Johnson makes $15 billion bet on mental-health drugs

Pharma giant Johnson & Johnson is buying Intra-Cellular Therapies, eying sales growth above analysts’ expectations through 2029.

MarketWatch - 1d

Bill Ackman offers to take over real estate developer Howard Hughes for $85 a share

Ackman proposed forming a new subsidiary of Pershing, which currently owns about 38% of Howard Hughes, that would merge with the company.

CNBC - 1d

FirstFT: Dollar hits 2-year high as interest rate assumptions change

Also in today’s newsletter, China’s trade surplus reached a new record and the reinvention of El Salvador

Financial Times - 1d

China’s trade surplus hits annual record of almost $1tn

Rise in exports expected to increase tensions with US and other trade partners

Financial Times - 1d

Black box from South Korea plane crash didn't record final 4 minutes

After analyzing the devices, the U.S. National Transportation Safety Board concluded that both the flight data and cockpit voice recorders stopped working about four minutes before the crash.

CBS News - 3d

Black boxes from South Korea plane crash failed to record final 4 minutes: Officials

Officials say the black boxes of a Boeing jetliner that crashed in South Korea last month stopped recording about four minutes before the accident

ABC News - 3d

South Korea air crash recorders missing final four minutes

The last four minutes of data before the disaster which killed 179 people are missing, transport authorities say.

BBC News - 3d

As L.A. Wildfire Damages Hit $20 Billion Estimate, Insurers Slump

The wildfire may be the costliest disaster in California history.

Inc. - 4d

NHL Star Power Index: Connor Bedard records career-high streak, Mikko Rantanen continues to score at high rate

Penguins defenseman Erik Karlsson is also providing offensive support

CBS Sports - 4d

Lula Disapproval Hits New High With Brazilians Pessimistic About Economy

Yahoo News - 4d

Ubisoft Shares Fall After Net Bookings Slump, Assassin's Creed Delay

The stock dropped after the videogame maker said it expected a decrease in third-quarter net bookings and pushed back the release of its blockbuster game for a second time.

The Wall Street Journal - 4d

Chinese developer Sunac’s shares tumble 26% after liquidation petition

Real estate company reveals winding-up request filed in Hong Kong

Financial Times - 4d

Civil servant long-term sickness hits post-pandemic high in UK

Ministry of Justice was department with highest average length of absence

Financial Times - 5d

Obamacare Enrollment Hits Record Ahead of Trump’s Return

Almost 24 million Americans have signed up for plans offered under the Affordable Care Act, driven by subsidies that are expiring and that Congress may not renew.

The New York Times - 6d

'Music is back' as vinyl and streaming help sales hit a 20-year high

Albums by Billie Eilish, Taylor Swift and Coldplay pushed sales of recorded music to a record £2.4bn.

BBC News - 6d

Vaccine makers’ shares jump after bird flu death in US

Moderna, Pfizer, CureVac and Novavax register gains as health agency stresses risk to public ‘remains low’

Financial Times - Jan. 7

Germany raises record €18.5 billion in carbon emissions trading

Yahoo News - Jan. 7

FirstFT: US corporate bankruptcies hit 14-year high

Also in today’s newsletter, Trump reiterates ambition to buy Greenland and Wall Street’s top regulator steps down

Financial Times - Jan. 7

Russia could share satellite tech with North Korea in exchange for troops sent to fight Ukraine, Antony Blinken says

Yahoo News - Jan. 6

Draymond shares blunt assessment of Edey after Warriors-Grizzlies

Warriors forward Draymond Green offered a blunt assessment of Grizzlies rookie center Zach Edey after Golden State beat Memphis on Saturday night.

Yahoo Sports - Jan. 5

Zapala scores season-high 15 points as No. 18 Michigan State holds off Ohio State 69-62

Zapala fueled a 12-0 run to build a 14-point lead for the Spartans.

Yahoo Sports - Jan. 4

Shares of alcohol makers fall after US official calls for cancer warnings

Surgeon-general calls for more prominent warning labels on drinks to raise awareness of the link

Financial Times - Jan. 3

U.S. Car Sales Hit a Five-Year High in 2024

Years of effort ironed out supply chain problems, eliminated shortages, but lower interest rates made the difference in the return to pre-pandemic sales levels.

Inc. - Jan. 3

Biden blocks Japan's Nippon Steel from $15 billion takeover of U.S. Steel

President Joe Biden said Friday that he has decided to block a $15 billion takeover of U.S.

NBC News - Jan. 3

After Fierce Lobbying, Treasury Sets Rules for Billions in Hydrogen Subsidies

With a lucrative tax credit, the Biden administration is hoping to establish a new industry that might help fight climate change.

The New York Times - Jan. 3

Tesla shares slide after it reports first drop in annual deliveries

Tesla's fourth-quarter deliveries report follows a huge late-year rally in the stock that lifted its gain for 2024 to 63%.

CNBC - Jan. 3

Biden decides to block Nippon Steel’s $15 billion acquisition of U.S. Steel: Report

The White House is expected to announce U.S. President Joe Biden’s decision to block Nippon Steel’s $15 billion takeover bid of U.S. Steel on Friday.

CNBC - Jan. 3

SPFL appeals for witnesses after Engels hit by coin

The Scottish Professional Football League has appealed for fans to contact Police Scotland with information that will help find whoever threw a coin that struck Celtic midfielder Arne Engels during ...

BBC News - Jan. 3

Boeing Shares Drop After South Korea Plane Crash

A widely used Boeing aircraft, the 737-800, was involved in Sunday’s crash-landing of a Jeju Air flight that killed 179 people.

The New York Times - Jan. 3

Tesla Shares Slip After First Annual Sales Decline

The electric-car company led by Elon Musk no longer has the market to itself. Investors are focusing on autonomous driving and other new technologies.

The New York Times - Jan. 2

Cruise ship stomach bug illnesses hit 12-year high: CDC

Cruise ships saw the highest number of stomach bug illnesses since 2012 with 16 outbreaks that impacted 1,894 passengers.

The Hill - Jan. 2

$1.9 million reward offered after "brazen" heist of jewelry

Some of the property reportedly belongs to art collector Shafira Huang, said to be a multi-millionaire Instagram influencer.

CBS News - Jan. 1

Korea Zinc Shares Hit Record High after Mbks 15 Billion Tender Offer

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