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The prime minister is set to warn of a “backroom stitch up” between the Conservatives, Reform UK and Plaid Cymru ahead of next year’s Senedd elections.Sir Keir Starmer will address Welsh Labour’s annual conference in Llandudno, North Wales, on Saturday. Voters will head to the polls next May to choose their representatives in Cardiff Bay and recent polls suggest Labour is in third place, behind Reform and Plaid.Labour has been the largest party at every Senedd election since devolution began in 1999.It is understood he will say such a deal would mark a “return to the chaos and division of…
[NEW YORK] Silicon Valley’s favourite tax break may be getting an upgrade. Venture capitalists, along with successful tech founders and early startup employees, already pay no taxes on billions of US dollars of gains annually, thanks to a lucrative and complicated provision called Qualified Small Business Stock, or QSBS. Now the carve-out could get even more generous in changes included in Senate Republicans’ proposed tax and spending Bill moving through Congress. The once-obscure provision is the subject of “every dinner conversation in Silicon Valley,” said Christopher Karachale, a partner at law firm Hanson Bridgett in San Francisco. “It’s already an exceptional…
New York Mets pitcher Griffin Canning had successful surgery on Friday to repair a ruptured left Achilles and will miss the remainder of the season and possibly part of the 2026 season.Canning was injured during Thursday night’s 4-0 win over the Atlanta Braves in New York. Signed to a $4.25 million, one-year contract as a free agent in the offseason, the 29-year-old right-hander was 7-3 with a 3.77 ERA in 16 starts as he bolstered an injury-depleted rotation. Mets teammates comfort Griffin Canning as his hands cover his face. (Photo by Kent J. Edwards/Getty Images) Third baseman Mark Vientos was…
Washington — A federal judge on Friday struck down President Trump’s executive order that sought to punish the law firm Susman Godfrey, ruling that it is unconstitutional and blocking the administration from enforcing it.The decision from U.S. District Judge Loren AliKhan caps an unbroken streak of victories for the four major law firms that were targeted by Mr. Trump as part of his efforts to go after his perceived enemies and chose to challenge his directives in court, rather than commit millions of dollars in free legal services, as nine other firms have done.The president’s executive orders aimed to sanction…
[BENGALURU] European stocks closed at an over one-week high on Friday (Jun 27), fuelled by a rally in automakers, as investors took more risks on hopes for a truce in the US-China trade spat.The pan-European Stoxx 600 index closed 1.1 per cent higher, snapping a two-week losing streak and posting its first weekly gain in three.German stocks notched their strongest weekly rally in two months, while France and Spain’s main indices clocked their best weeks in over a month.The Stoxx 600‘s energy sector, however, suffered its first weekly drop in weeks. The sector lost steam as oil prices plunged, after…
Video Details The Eastern Conference of the NBA is wide open following the dismantling of the Boston Celtics. Chris Broussard, Kevin Wildes, and Danny Parkins discuss the teams that people shouldn’t sleep on. 46 MINS AGO・first things first・4:12
OpenAI has recently begun renting Google’s artificial intelligence chips to power ChatGPT and other products, The Information reported on Friday, citing a person involved in the arrangement.The move, which marks the first time OpenAI has used non-Nvidia chips in a meaningful way, shows the Sam Altman-led company’s shift away from relying on backer Microsoft’s data centers, potentially boosting Google’s tensor processing units (TPUs) as a cheaper alternative to Nvidia’s graphics processing units (GPUs), the report said.As one of the largest purchasers of Nvidia’s GPUs, OpenAI uses AI chips to train models and also for inference computing, a process in which…
NEW YORK — All the major banks passed the Federal Reserve’s annual “stress tests” of the financial system, the central bank said Friday, but the test conducted by the central bank was notably less vigorous than it had been in previous years. All 22 banks tested this year would have remained solvent and above the minimum thresholds to continue to operate, the Fed said, despite absorbing roughly $550 billion in theoretical losses. In the Fed’s scenario, there would be less of a rise in unemployment, less of a severe economic contraction, less of a drop in commercial real estate prices,…
The University of Virginia’s president, James E. Ryan, submitted his resignation Friday in an effort to resolve Trump administration demands related to a federal investigation into the school’s diversity, equity and inclusion efforts, according to sources familiar with the matter. File: University of Virginia President James Ryan attends a press conference related to an overnight shooting at the university on November 14, 2022 in Charlottesville, Virginia. Win McNamee / Getty Images The move is the first such pressure campaign on a public university, which is the latest escalation in the Trump administration’s months-long national effort to reshape higher education at America’s top…
The FIFA Club World Cup continues as Flamengo RJ and Bayern Munich square off in Miami. Here’s everything you need to know about Flamengo RJ vs Bayern MunichHow to watch Flamengo vs. Bayern MunichDate: Sunday, June 29, 2025Time: 4:00 p.m. ETLocation: Hard Rock Stadium, Miami, FLTV/Streaming: DAZNFIFA President Gianni Infantino on 2026 FIFA World Cup, FIFA Club World Cup & more | FOX Soccer Betting OddsAs of June 27, 2025, the odds (via DraftKings Sportsbook) for the match are:Flamengo: +390Draw: +295Bayern Munich: –145Flamengo vs. Bayern Munich Head to HeadThis will be the first official meeting between Flamengo and Bayern Munich…