A truck passes pumpjacks in the Belridge oil field on November 03, 2021 near McKittrick, California. Mario Tama | Getty Images News | Getty Images President Joe Biden’s administration stands ready to release even more barrels of oil from its strategic reserves should the need arise again, according to the U.S. State Department’s senior advisor
Yvette Cooper, back in the political frontline as shadow home secretary – again – in the headline appointment in the Starmer shuffle, is viewed by many MPs as Labour’s lost leader. Not any more, though. After giving up the £15,000-a-year chair of the Home Affairs Select Committee after five years, she’s almost certainly back as
3:19 PM ET After an offseason in which ardent New York Mets fans had been injected by rare optimism, New York’s 2021 season flamed out in epic fashion and was riddled by chaos throughout. The ensuing weeks provided a snapshot of the fallout — the game’s brightest minds rejecting overtures to lead their baseball operations
Jack Dorsey, co-founder and chief executive officer of Twitter Inc. and Square Inc., speaks during the Bitcoin 2021 conference in Miami, Florida, U.S., on Friday, June 4, 2021. Eva Marie Uzcategui | Bloomberg | Getty Images Jack Dorsey stepped down as CEO of Twitter on Monday morning, citing his belief that the company was “ready
Yvette Cooper is elevated to shadow home secretary while Lisa Nandy will move from shadow foreign secretary to the levelling up brief as Labour leader Sir Keir Starmer reshuffles his cabinet. Ms Cooper, who held the home affairs brief previously from 2011 to 2015 under former Labour leader Ed Miliband, will depart her current role
Asda has chartered its own cargo ship to ensure that it is well stocked with festive decorations, toys, clothes and gifts amid a global supply chain crisis. Britain’s third-biggest supermarket chain also said it had increased the volume of turkeys and pigs in blankets available in stores compared with last year. Meanwhile the retailer’s depots
The new Omicron variant of COVID-19 is a “cause for concern and not for panic”, Joe Biden has said. The US president told reporters his decision to restrict travel from countries in southern Africa “gives us time” to take more action. The new variant was initially reported to the World Health Organisation (WHO) by South
Ghislaine Maxwell targeted young girls and manipulated them before “serving them up for sexual abuse”, a US prosecutor said in her opening statement in the New York trial of the British socialite. The 59-year-old former girlfriend of Jeffrey Epstein faces six counts of enticing minors and sex trafficking over a 10-year period. As her trial
7:00 AM ET The Montreal Canadiens‘ encore to their Stanley Cup Final appearance last season has been an abject disaster, as they have a 6-15-2 record. With general manager Marc Bergevin in the last year of his contract having not signed an extension, it felt like a regime change was coming. Did it ever arrive
Kanye West, Rihanna and Drake are among many celebrities paying tribute to US fashion designer Virgil Abloh, who has died at the age of 41 after a private battle with cancer. The influential Louis Vuitton menswear designer and founder of fashion label Off-White was diagnosed with cardiac angiosarcoma – a rare, aggressive form of cancer
Kawasaki may not be leading the pack when it comes to electric motorcycle innovation, but recent plans at least indicate that the company won’t be the last major motorcycle manufacturer to embrace the future of electric transportation. Despite Kawasaki not yet counting a single production electric motorcycle in its lineup, the company announced last month
A long-time market bull is tempering his outlook due to inflation. Federated Hermes’ Phil Orlando expects the Federal Reserve will lift interest rates six times over the next two years to tame massive price increases from vehicles to shelter to food. “Our best guess is that we will see two quarter point rate hikes out
The speed with which new variants of the COVID-19 virus spread around the world can leave government’s scrambling to catch up. What is sometimes more remarkable is the speed with which those new variants are detected. It has taken barely two weeks from the initial testing of ‘patient zero’, before potentially the entire globe is
A judge has ruled that a 14-year-old convicted of shooting schoolboy Keon Lincoln can be now identified. The decision comes as the teenager and four other youths convicted of killing the 15-year-old await their sentences. The judge at Birmingham Crown Court lifted reporting restrictions and Yussuf Mustapha can now be named as the boy who shot
JPMorgan Chase & Co. signage is illuminated at night at a bank branch in Chicago, Illinois. Christopher Dilts | Bloomberg | Getty Images LONDON — British fintech start-up Thought Machine has raised $200 million in a fresh round of funding that lifts its valuation above the coveted $1 billion mark. The cash injection was led
Six cases of the Omicron coronavirus variant have been found in Scotland, authorities have confirmed. They are in addition to the three already detected in England. Four cases are in the Lanarkshire area and two have been identified in the Greater Glasgow and Clyde area. Scotland’s health secretary Humza Yousaf said: “This will be a