AUSTIN, TEXAS — Adam Sullivan left investment banking to mine bitcoin at an awkward time. It was May 2023, bitcoin was trading at around $21,000, U.S. regulators were in the thick of cracking down on the sector writ large, and Core Scientific, the company he had agreed to take over, was battling angry lenders in
Rishi Sunak is undertaking a week-long blitz of activity and announcements at home and abroad in a bid to convince a sceptical party he has the ideas and drive to continue as prime minister. After weeks of criticism about an empty legislative agenda, an inability to set the agenda, and divisions in the Tory Party
A pack of private equity investors have left the starting grid in a race to buy TeamSport, the pan-European go-karting operator. Sky News has learnt that several buyout firms have tabled initial offers for the company, which is expected to fetch more than £150m. Insiders said on Sunday that EMK Capital and Livingbridge were among
Two of Westminster’s best-connected journalists, Sky News’s Sam Coates and Politico’s Jack Blanchard, guide you through their top predictions for the next seven days in British politics. This week, they react to MP Mark Menzies’ resignation from the Conservative Party and look at what it might mean for the next election. Also this week, Rishi
The UN Special Coordinator for Lebanon has told Sky News the dangers in the region have not gone away and called for calm, wisdom and de-escalation as a matter of urgency. Joanna Wronecka spoke from her office in Beirut about her worries and appealed for restraint from all those involved. “I’m very concerned,” she said.
An MP facing allegations of misusing campaign funds has quit the Conservative Party and says he won’t stand at the next general election. Claims surfaced earlier this week in The Times that Mark Menzies had used political donations to cover medical expenses and pay off “bad people” who had reportedly locked him in a flat
The Spice Girls have reunited for one night only in a bar for Victoria Beckham’s birthday. The fashion designer and singer – famously also known as Posh Spice – celebrated with her bandmates at Oswald’s club in Mayfair, London, on Saturday, after turning 50 on Wednesday last week. David Beckham had a front row seat
Bali Express purchased 11 Peterbilt 579EV Class 8 trucks in September; by Bali Express. San Diego Gas & Electric (SDG&E) says the maiden voyage of their Class 8 heavy-duty electric semi marks the first time an electric semi has crossed the border hauling a standard load, marking an important milestone as the two nations move
In this article KMPR Follow your favorite stocksCREATE FREE ACCOUNT Palmetto CEO Chris Kemper Palmetto Nearly fifteen years into founding climate tech company Palmetto, Chris Kemper has seen plenty of changes across the clean energy industry, from early solar companies that are now public to Series A startups founded following the Inflation Reduction Act. Ensuring
Two Japanese navy helicopters have crashed into the Pacific Ocean during a night-time training flight after a possible mid-air collision, killing at least one of the eight crew members on board. One body has been recovered from the water and was later pronounced dead, while a search operation is under way for the seven others
Liz Truss has acknowledged she and her government lost the confidence of financial markets following the mini-budget of October 2022 – but has refused to apologise to homeowners for higher interest rates. Talking to Sky News, the former prime minister blamed her downfall on the Bank of England, primarily governor Andrew Bailey. However, she said
At least two people are dead, and 14 others injured in a shooting in Memphis, Tennessee, according to US police. The incident occurred at a street party in the city, with clips on social media showing panic after shots appear to ring out. Police said that both the fatalities were males and at least three
British actor Ed Skrein says he hasn’t paid attention to any of the reactions Rebel Moon has received online. The Deadpool star told Sky News: “The weather system of media storms does not affect me, I don’t live in the media.” Image: Ed Skrein as Atticus Noble in Rebel Moon. Pic: Netflix The first instalment
Tom Chambers Apr 20, 2024, 06:37 PM Open Extended Reactions LONDON — England head coach John Mitchell dismissed claims that their ongoing dominance in the Six Nations is a problem for women’s rugby, following his side’s 88-10 thrashing of Ireland on Saturday. The victory at Twickenham was England’s 28th in a row in a competition
Rishi Sunak has revealed he will keep the two-child benefit cap if the Conservatives win the next election. The policy limits the benefits parents on Universal Credit can claim for their children. Writing in The Sun on Sunday, the prime minister said: “Working families do not see their incomes rise when they have more children.
Tesla has dropped the price of the Model Y, Model S and Model X by $2,000 each in the US. Model 3 prices remain the same, as do prices of the newly-released Cybertruck. Tesla has had quite the week, between firing 10% of its workforce and losing two key executives, filing to get CEO Elon
HELL’S GATE, Kenya — Two-and-a-half hours northwest of Nairobi by car, a small group of bitcoin miners set up shop at the site of an extinct volcano near Hell’s Gate National Park. The mine, tucked away on the edge of Lake Naivasha, is operated by a startup called Gridless and consists of a single 500-kilowatt
An antisemitism campaigner has called for the head of the Metropolitan Police to resign after he was called “openly Jewish” by an officer and threatened with arrest at a pro-Palestinian march in London. Gideon Falter, the chief executive of the Campaign Against Antisemitism, said Jewish Londoners cannot have confidence in the Met under Sir Mark
The impact of this American blockage has been profound. I have had multiple conversations with diplomats and military officials in Washington DC and all have said the same thing: the situation for Ukraine is depressing, Russia has the upper hand and prospects for Kyiv, without more weapons, are bleak. The Ukrainians have been running low
TikTok could be banned in the US if the social media app’s Chinese owner doesn’t sell its stake after the House of Representatives voted in support of the measure. The TikTok legislation has been included in a US foreign policy package, which has already seen representatives approve security assistance for Taiwan and allies in the