Oil well pump jacks operated by Chevron Corp. in San Ardo, California, U.S., on Tuesday, April 27, 2021. David Paul Morris | Bloomberg | Getty Images Oil prices tumbled Tuesday with the U.S. benchmark falling below $100 as recession fears grow, sparking fears that an economic slowdown will cut demand for petroleum products. West Texas
Chancellor Rishi Sunak and health secretary Sajid Javid have resigned from Boris Johnson’s government. The chancellor, who quit moments after Mr Javid, said: “The public rightly expect government to be conducted properly, competently and seriously. I recognise this may be my last ministerial job, but I believe these standards are worth fighting for and that
Michael Flynn the former three-star general and Trump’s national security advisor waited a minute and a half before pleading the 5th, when asked whether the violence on January 6th was justified, here’s his history. #CNN #cillizza #january6
Andy Jassy, chief executive officer of Amazon.Com Inc., during the GeekWire Summit in Seattle, Washington, U.S., on Tuesday, Oct. 5, 2021. David Ryder | Bloomberg | Getty Images Andy Jassy celebrates his one-year anniversary as Amazon CEO on Tuesday. Celebrates is probably not the operative word. Jassy, a 25-year Amazon veteran, succeeded Jeff Bezos on
Boris Johnson has apologised for appointing Chris Pincher deputy chief whip, saying it “was a mistake” and “in hindsight the wrong thing to do”. The prime minister said sorry to “everybody who has been badly affected” adding, “I just want to make absolutely clear that there is no place in this government for anybody who
The amount you can earn before having to pay national insurance (NI) has been raised from today, a move Boris Johnson has described as the “biggest tax cut in a decade” to help with the rising cost of living. The government says 30 million people will benefit to the tune of £6bn collectively from the
The man suspected of shooting dead six people in Chicago was dressed as a woman to hide his facial tattoos, in a bid to blend in as he escaped the scene, police have said. Robert E Crimo III, 21, was arrested after the shooting at a Fourth of July parade in the Chicago suburb of
Bitcoin, the world’s biggest cryptocurrency, is down more than 50% since the start of 2022. Nurphoto | Getty Images Beleaguered cryptocurrency lender Vauld has been thrown a lifeline from larger competitor Nexo, in a sign of mounting consolidation in the crypto market. Nexo said Tuesday it had signed a term sheet with Vauld giving it
Researchers have developed new lithium-ion batteries that perform well at both freezing cold and scorching hot temperatures while packing a lot of energy. The batteries, described in the journal PNAS, could allow electric vehicles in cold climates to travel farther on a single charge. They could also reduce the need for cooling systems to keep
British Airways (BA) has moved again to build greater resilience in its flying schedules by cancelling additional flights during the key summer holiday season. The airline, one of the worst affected by post-pandemic staff shortages this year, said it was taking further “pre-emptive” action to prevent disruption for passengers. It follows a torrid reopening of
Increasing number of pictures are appearing on Ukrainian social media showing a US-made rocket launcher being used against Russian targets. At the start of June, the US Department of Defence said it would be sending four HIMAR systems to Ukraine to help the country defend itself from attack. It said Ukrainian soldiers would be trained
Bette Midler has sparked a backlash after saying cisgender women are being deprived of their basic rights, while JK Rowling has appeared to back “transphobic” comments by singer Macy Gray. Cisgender means a person whose sense of personal identity and gender corresponds with their birth sex. The Hollywood star tweeted: “WOMEN OF THE WORLD! We
Tesla has unveiled a new solar range extender trailer with a SpaceX Starlink internet satellite system at an exposition in Germany, but don’t expect to be able to buy it anything soon. As electric vehicles become more efficient, many are starting to think about the potential of adding solar panels to EVs to extend the
The G7 has floated the idea of an oil price cap, but experts are doubtful about how effective this would be. Picture Alliance | Picture Alliance | Getty Images The world’s seven-largest industrialized economies have floated the idea of a price cap on Russian oil to further squeeze the Kremlin’s ability to fund its onslaught
The UK car industry has been hit by its worst June for new car sales since 1996. Registrations of new cars plummeted about 24% last month compared with June 2021, according to preliminary figures from the Society of Motor Manufacturers and Traders (SMMT). Manufacturers have had problems fulfilling orders due to global shortages of semiconductors,
Laurence Tribe, a Harvard Law professor who taught Attorney General Merrick Garland, predicts that Garland will indict former President Donald Trump for his role in the January 6 insurrection. #cnn #News
5:51 PM ET Tiger Woods was back playing competitive golf Monday, shooting a 5-over 77 at the star-studded JP McManus Pro-Am at Adare Manor in Limerick, Ireland. Woods sits in a tie for 43rd in the 50-player field. Xander Schauffele, coming off a win at the Travelers a week ago, sits in first after an
A satellite the size of a microwave oven successfully broke free from its orbit around Earth on Monday and is headed toward the moon, the latest step in NASA’s plan to land astronauts on the lunar surface again. It’s been an unusual journey already for the Capstone satellite. It was launched six days ago from
Billions of dollars of value have been wiped off the cryptocurrency market in the last few weeks. Companies in the industry are feeling the pain. Lending and trading firms are facing a liquidity crisis and many firms have announced layoffs. Yu Chun Christopher Wong | S3studio | Getty Images Crypto lender Vauld on Monday paused all
2:09 PM ET Hank Goldberg, who worked at ESPN as an NFL reporter and handicapping expert for two decades, died Monday on his 82nd birthday, his family confirmed. Goldberg had been in treatment for chronic kidney disease in recent years. Known as Hammering Hank, Goldberg was .500 or better in 15 of 17 NFL seasons