NewsHuffPostTucker Carlson Cherry-Picks Jan. 6 Footage To Claim There Was No Insurrection
The Fox News host says videos of people standing in Capitol hallways better represent the day's events than videos of Trump supporters fighting police.
NewsAFP NewsJapan H3 rocket fails, destruct command issued
Japan's second attempt to launch its next-generation H3 rocket failed after liftoff on Tuesday, with the space agency issuing a destruct command after concluding the mission could not succeed."Destruct command has been transmitted to H3 because there was no possibility of achieving the mission."
BusinessAFP NewsAsian markets rise ahead of Powell testimony, US jobs data
Asian markets mostly rose Tuesday as traders geared up for this week's release of key US jobs data and Federal Reserve chief Jerome Powell's testimony to lawmakers.Powell is due to speak to lawmakers on Tuesday and Wednesday, while the closely watched non-farm payrolls report for February is set to be released Friday.
BusinessReutersMeta plans to cut thousands of jobs as soon as this week - Bloomberg News
Meta declined to comment on the Bloomberg report when contacted by Reuters. Last month, the Washington Post newspaper had reported that Meta was planning to cut jobs in a reorganization and downsizing effort. Meta, at that time, declined to comment, but spokesperson Andy Stone in a series of tweets cited several previous statements by Chief Executive Officer Mark Zuckerberg suggesting that more cuts were on the way.
BusinessReutersIndia housing market to remain resilient despite higher interest rates
India's housing market will remain resilient despite rising interest rates and a weak global economic outlook, according to a Reuters poll of property analysts who have barely changed their forecasts from three months ago. Defying a global trend of falling housing prices as mortgage rates rise and crimp affordability, India has exhibited resilience and is emerging from a decade-long downturn due to strong demand. A major source of employment in a country of 1.4 billion people where a majority are unskilled, the Indian housing market is likely to remain a stable contributor to economic activity in Asia's third-largest economy.
NewsAFP NewsUK to unveil latest bid to stop migrants crossing Channel
The UK government will on Tuesday unveil hotly anticipated legislation aimed at stopping migrants crossing the Channel illegally on small boats, banning such arrivals from claiming asylum and promptly deporting them."(It) will ensure that people arriving in the UK illegally are detained and promptly returned to their home country or a safe third country," she added.
BusinessReutersGM's Cruise to focus on cost cuts as it ramps up robotaxis
General Motors Co's robotaxi unit Cruise is focusing on cutting costs this year, a top executive said on Monday, as mounting losses in the autonomous vehicle companies have sparked investor concerns and forced some to shut shop. "We'll continue to look at hardware, software - both in terms of component costs as well as the quantity of components that are on the vehicle - and continue to drive cost out as we move forward," Cruise's chief operating officer Gil West said at a technology conference. At Cruise, General Motors burned through nearly $2 billion last year.
BusinessReutersIndia's palm oil imports could jump to 4-year high on lower prices - industry official
India's palm oil imports could jump 16% in 2022/23 to a four-year high of 9.17 million tonnes, as consumption is set to jump after two years of contraction due to COVID-led lockdowns, a senior industry official told Reuters on Tuesday. Higher purchases by the world's biggest importer of vegetable oils could lend further support to palm oil futures, which are trading near their highest level in four months. The consumption growth would be fulfilled by higher imports of palm oil, which has been trading at a discount to rival soyoil and sunflower oil, he said.
NewsAFP NewsDreams of 'normal life' fuel Hong Kong trans activist's fight
Identified as "female" on his Hong Kong ID, trans activist Henry Tse waged an arduous legal battle to have his real gender recognised."(My) ID card says 'female', which is clearly different from my real gender identity, it's wrong.
BusinessReutersMeta must face trial over AI trade secrets, judge says
Meta Platforms Inc lost a bid on Monday to end a lawsuit in Boston federal court claiming it stole confidential information from artificial-intelligence startup Neural Magic Inc. Meta will have to face a trial over accusations that it took Neural Magic's "breakthrough" algorithms that enable AI systems to process information more quickly, U.S. District Judge Denise Casper said. The court also allowed testimony from an expert who said Meta owes Neural Magic as much as $766 million in royalties.
BusinessReutersRivian plans to sell $1.3 billion in bonds to shore up capital, shares fall
Rivian Automotive plans to sell bonds worth $1.3 billion, it said on Monday, as weakening demand and lofty costs tighten a cash crunch around electrical vehicle makers. Initial investors will get an option to buy an additional $200 million of the bonds for settlement 13 days after the bonds are issued, Rivian said in a statement. The capital from this offering will help facilitate the launch of Rivian's smaller R2 vehicle family, a Rivian spokesperson told Reuters, adding that convertible debt was "optimal cost of capital versus selling equity at today's levels."
NewsReutersNew EU-US data pact may come too late for Facebook -regulator
A new pact to facilitate the safe transfer of EU citizens' personal data to the United States might not come into force in time to avoid a suspension of Facebook's transatlantic data flows, the U.S. firm's lead European regulator said on Tuesday. Facebook owner Meta, which has warned a stoppage could force it to suspend Facebook services in Europe, declined to comment on the possible timing of the regulator's decision or the new pact's entry into force. European Union regulators led by Ireland's Data Protection Commissioner (DPC) Helen Dixon are finalising a ban on the legal tool used by Facebook to transfer European user data because of concerns U.S. intelligence agencies could access them.
PoliticsHuffPostWhite House Press Secretary Shades Marianne Williamson, And Reporters Crack Up
“If I had a [crystal ball], then I can tell you .... If I could feel her aura. I just don’t have anything to share on that,” Jean-Pierre said of Biden's possible 2024 rival.
NewsReutersAustralian PM seeks to diversify trade, investment on India visit
SYDNEY (Reuters) -Australian Prime Minister Anthony Albanese said on Tuesday his government wants to diversify trade and foreign investment partners, as he prepares to lead a business delegation to India which he said shares Australia's democratic values. Australia wanted "greater diversity in who we trade with - and greater variety in what we trade, meaning our economy is more resilient and more secure," he said in a speech to the AFR Business Summit in Sydney. China is easily Australia's largest trading partner, although a diplomatic dispute has resulted in what Australia calls "trade blockages" being imposed by China on a raft of Australia's exports.
BusinessReutersMeta will keep releasing AI tools despite leak claims
(Reuters) -Meta Platforms Inc on Monday said it will continue to release its artificial intelligence tools to approved researchers despite claims on online message boards that its latest large language model had leaked to unauthorized users. "While the model is not accessible to all, and some have tried to circumvent the approval process, we believe the current release strategy allows us to balance responsibility and openness," Meta said in a statement. Facebook owner Meta maintains a major AI research arm and last month released LLaMA, short for Large Language Model Meta AI.
BusinessReutersTesla could begin producing autos in Mexico next year -Mexican official
Tesla Inc could begin producing its first cars in Mexico next year, with the electric vehicle maker close to receiving its final permits allowing factory construction to begin in Nuevo Leon near the U.S.-Mexico border, the state's governor said on Monday. "They are waiting for the final permits ... once that's done, they can start, hopefully this very month, in March," Nuevo Leon Governor Samuel Garcia said in an interview. Tesla Chief Executive Elon Musk announced the investment last week, saying the Austin, Texas-based company had selected Mexico for its next "gigafactory" with plans to produce a "next gen vehicle."
NewsAFP NewsPoor countries call for debt revolution at UN summit
Worn down by growing debt and a barrage of crises, leaders of the world's poorest countries have stepped up calls for the rules governing handouts of billions of dollars to be rewritten.Lesotho's deputy prime minister Nthomeng Majara was among leaders to call for an "urgent" rescheduling or writing off debt.
ScienceAFP NewsGlobal food system emissions imperil Paris climate goals
The global food system's greenhouse gas emissions will add nearly one degree Celsius to Earth's surface temperatures by 2100 on current trends, obliterating Paris Agreement climate goals, scientists warned Monday.Without a sharp change in production and diet, the study concluded, global food consumption will boost Earth's average surface temperature 0.7C and 0.9C by century's end.
BusinessAFP NewsGlobal stocks mixed as China eyes 'around 5%' growth in 2023
Global stocks were mixed Monday ahead of key Federal Reserve congressional testimony as China set a lower-than-expected target for 2023 economic growth."China set itself one of the lowest gross domestic product targets in many years, hinting to investors that the big reopening boom may not be as positive for the global economy as hoped," noted Neil Wilson, chief market analyst at Finalto trading group.
NewsAFP NewsUkraine moves to fortify embattled Bakhmut as Russia closes in
Ukraine pledged Monday to bolster its defences in frontline Bakhmut, after reports that Kyiv was withdrawing from the city that has become a symbolic prize in the war."Ukrainian forces are likely conducting a limited tactical withdrawal in Bakhmut, although it is still too early to assess Ukrainian intentions concerning a complete withdrawal from the city," it said in a recent analytical note.
NewsAFP NewsWorld Bank halts Tunisia program over president's migrant remarks
The World Bank is pausing talks over its future engagement with Tunisia following anti-immigrant comments made by the country's president, Kais Saied, according to an internal message to staff seen by AFP. In the message sent on Sunday evening, the bank's outgoing President David Malpass said Saied's tirade had triggered "racially motivated harassment and even violence," and that the institution had postponed a planned meeting involving Tunisia until further notice.- 'Completely unacceptable' -
PoliticsHuffPostGOP Congressman Matt Rosendale Poses With Neo-Nazis
The Montana Republican was photographed outside the U.S. Capitol smiling alongside white supremacists Ryan Sanchez and Greyson Arnold.
NewsAFP NewsFour US citizens kidnapped in Mexico, sparking manhunt
Mexican and US authorities said Monday they were working to urgently secure the safe return of four US citizens shot at and kidnapped by gunmen after crossing the border into Mexico."US law enforcement officials from numerous agencies are working with Mexican authorities at all levels of government to secure the safe return of our compatriots," he added.
BusinessReutersBankrupt FTX affiliate Alameda sues Grayscale
If Grayscale had reduced its fees and did not implement redemption prevention measures, which the cryptocurrency exchange alleges are improper, FTX's shares would be worth nearly 90% more than the current value of those locked up with the asset manager, FTX said. FTX also accused Grayscale owner Digital Currency Group of breaching trust agreements and fiduciary duties.
NewsAFP NewsIn Iraq, UN culture chief vows to help rebuild
Wandering Baghdad's legendary book street, recently renovated, the UN's cultural chief pledged on Monday firm support for the rebuilding of Iraq, whose rich heritage has been ravaged by conflict."I am here to recover this cultural identity, to help Iraq rebuild, not only the walls, the heritage as we are doing in Mosul, but also all this intangible heritage, this richness linked to education, to know-how, that suffered so much," Azoulay said.
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