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Today: August 12, 2026
Today: August 12, 2026

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HSBC global insurance business head Moncreiffe to leave, sources say

HSBC's global chief executive for insurance business, Edward Moncreiffe, is set to leave the bank after two decades with the lender, sources said, amid a broader global overhaul and recent asset sales in Asia.Moncreiffe's departure, which was first reported by Reuters, comes two years after he took over the role at the Asia-focussed lender in 2024.He will leave soon for external opportunities, according to two people with direct knowledge of the move. The sources spoke on condition of anonymity because the matter has not yet been publicly disclosed.A Hong Kong-based spokesperson for HSBC decl
HSBC global insurance business head Moncreiffe to leave, sources say
Business|Economy|Environment|Political|World

Wildfires, heatwaves pose growing fiscal risk to Greece, PM adviser says

Wildfires and heatwaves pose a growing medium- and long-term fiscal risk for Greece and the wider region, a senior adviser to Prime Minister Kyriakos Mitsotakis said, as the government boosts investment to shore up its tourism-dependent economy.Michael Arghyrou, the prime minister's chief economic adviser, said Athens was pursuing investments in water and energy infrastructure in tourism hotspots while examining measures to improve insurance coverage against climate-related losses.• "These events are becoming a more significant and, in many respects, more frequent and severe risk phenomenon
Wildfires, heatwaves pose growing fiscal risk to Greece, PM adviser says
Business|Economy|Environment|Finance|Technology|US|World

Bank of America launches $250 billion initiative for US tech, energy infrastructure

Bank of America said on Wednesday it plans to deploy $250 billion through July next year to support U.S. digital and infrastructure projects, an initiative it says will bolster the country's economic growth and help create tens of thousands of jobs.The Wall Street bank's "Critical Infrastructure Finance Initiative," launched on the heels of the nation's 250th anniversary celebrations, will include primary market lending, investments, capital markets services, and banking and advisory offerings.The announcement underscores how major U.S. financial institutions are seeking to capitalize on a do
Bank of America launches $250 billion initiative for US tech, energy infrastructure

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Crime|Entertainment|US

John Gotti’s grandson kept trying to delay prison to donate kidney to mother. A judge said enough.

Late mob boss John Gotti ’s reality TV star grandson has reported to federal prison after trying to stave off his sentence on fraud charges by saying he was going to donate a kidney to his ailing mother, Victoria Gotti. The Federal Bureau of Prisons confirmed Tuesday that Carmine Agnello began his 15-month prison term the previous day at the Federal Correctional Institution Fairton in southern New Jersey. Agnello, who starred on “ Growing Up Gotti ” in the mid-2000s, was originally scheduled to report to prison in July. But U.S. District Court Judge Nusrat C
John Gotti’s grandson kept trying to delay prison to donate kidney to mother. A judge said enough.
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After Trump plane ruse, WHCA presses White House on press pool safeguards

The White House Correspondents’ Association has asked President Donald Trump’s administration to “work with us on a protocol for handling extraordinary security circumstances in the future,” now that his secret plane switch last month has been revealed by leaks to news organizations.Fox News anchor and senior White House correspondent Jacqui Heinrich, who is currently serving as president of the group, met with Trump aides about the matter on Tuesday and relayed the press corps’ concerns about the subterfuge.The so-called “press pool,” which is meant to travel with the US preside
Business|Election|Finance|Political|Stock Markets|US

Tuesday's takeaways: No clear direction for Wisconsin Democrats

In a race that showcased Democrats’ struggle between the ideological left and center, Milwaukee County Executive David Crowley managed a razor-thin victory over his democratic socialist challenger. The race was so close that neither side could claim a decisive victory. In other contests, experience was rewarded in two governors’ races and voters went for generational change in voting out a House incumbent. For Republicans, a contest to replace the late Sen. Lindsey Graham pitted his sister, Darline Graham, against far more experienced candidates.
Tuesday's takeaways: No clear direction for Wisconsin Democrats
Business|Economy|Finance|Stock Markets|US|World

More Americans are having a harder time keeping up with their home and car payments

More Americans are falling even further behind on their home and car loans than at any time in the past decade, new data from the Federal Reserve Bank of New York showed Tuesday.A greater share of people went at least 30 days late on their mortgage payments in the second quarter of this year than in any quarter since 2015, according to the New York Fed’s latest Quarterly Report on Household Debt and Credit. More also went into serious delinquency – or 90 days late or more – on their car payments during the same time period than at any quarter since 2010.However, the latest data underscor

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Crime|Education|Health|Political|World

Thailand tightens gun controls after deadly school shooting

Thailand is suspending new gun permits and tightening its firearm controls after last week’s deadly school shooting, in which a 14-year-old boy killed eight people before turning the gun on himself.Prime Minister Anutin Charnvirakul issued the directive on Tuesday, ordering government officials to “urgently elevate firearm control measures across the entire system,” according to a statement from his office.The measures include temporarily suspending the issuance of gun purchase permits, re-reviewing all permits still pending approval, and suspending new “welfare gun” programs – whi
Thailand tightens gun controls after deadly school shooting
Europe|Science|World

A rare sunset total solar eclipse will occur for millions of people on Wednesday

The grand stellar spectacle of the year has arrived. A total solar eclipse will be easily visible over parts of Europe on Wednesday.A total solar eclipse occurs when the moon moves between the sun and Earth, casting a shadow on our planet that completely blocks the sun’s light from some areas of the world, according to NASA.Major viewing locations in parts of Iceland, northern Spain and a small corner of northeastern Portugal will be in the path of totality, when the skies go momentarily dark as the sun completely disappears from view — creating a rare sunset eclipse for some, especially o
Americas|Arts|Crime|Entertainment|Lifestyle|World

Influencer killings mount in Mexico as rival cartel factions wage a bloody fight

Mexican influencer César Gastélum was live-streaming outside a fast-food restaurant when two men on motorbike stopped next him, pulled out a gun and shot him in the head.His brutal murder in Culiacán, the capital of the northwestern Mexican state of Sinaloa, happened in just a few seconds on Tuesday in front of an audience of thousands of social media users watching his stream.As news of his death ricocheted around the world, alarm was rising back home about the mounting deaths of influencers in Mexico, especially in the country’s most dangerous states.It is a phenomenon that some experts
Influencer killings mount in Mexico as rival cartel factions wage a bloody fight
Crime|MidEast|Political|World

Syria sentences absent Bashar al-Assad to death over killings and torture

A Syrian court sentenced ousted leader Bashar al-Assad to death on Tuesday after a trial in absentia, convicting him of crimes including killings, torture, and arbitrary arrest during the country's nearly 14-year war. It was the first Syrian conviction against Assad, who was ousted in a rebel offensive in December 2024 that ended decades of his family's iron-fisted rule over Syria, and the brutal war that killed hundreds of thousands of Syrians. Syrians gathered around the court in Damascus, chanting, clapping and waving the Syrian flag as news of the sentences spread. Assad fled the capita

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Election|Political|US

The Latest: Democratic socialist is neck and neck with moderate in Wisconsin governor primary

The Latest: Democratic socialist is neck and neck with moderate in Wisconsin governor primary
Business|Crime|Election|Finance|Political|Sports

Progressive Democrats get another win in Minnesota US Senate primary

Lt. Gov. Peggy Flanagan won the Minnesota Democratic Senate primary in the latest victory for an insurgent progressive over the party’s establishment

Crime|Election|Political

Deadline passes for Rep. Max Miller to be replaced on Ohio ballot as he faces domestic abuse claims

Embattled Republican Rep. Max Miller is staying in the race for his Ohio congressional district

Crime|Political|Technology

Flock cameras are getting mobbed

Flock cameras are getting mobbed
Arts|Business|Economy|Entertainment|Fashion and Beauty|Lifestyle

Opulent brides are funding India’s global fashion play

Opulent brides are funding India’s global fashion play

Business|Economy|Food|Health|Science

Taco Bell sales fell after cyclospora outbreak

Taco Bell sales fell after cyclospora outbreak

Business|Economy|Environment|Science|Technology

In record heat, a warming world has come to rely on China to stay cool

In record heat, a warming world has come to rely on China to stay cool
Economy|Education|Election|Environment|Political

CNN Poll: A third of Democrats now identify as democratic socialists

CNN Poll: A third of Democrats now identify as democratic socialists

Business|Economy|Environment|Finance|Technology

New York City has paused construction at several office-to-apartment conversions since Pfizer tower structural problems

New York City has paused construction at several office-to-apartment conversions since Pfizer tower structural problems

Arts|Business|Political|Technology|Travel

Trump unveils another project as polling shows his DC construction is unpopular

Trump unveils another project as polling shows his DC construction is unpopular

California & Local

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Local

From LA to Scottsdale: The Founder Behind AdDynamix Is Building the Bridge Between AI and Business Tools

An LA digital advertising veteran of 28 years has moved to Scottsdale and is building what he calls the missing piece between business software and the AI assistants people now use every day. SCOTTSDALE, AZ. When Benoit Pecqueur talks about his latest company, he sounds less like a founder pitching a product and more like an operator who got tired of watching the same problem repeat itself. “Most small business owners are watching the AI revolution from the sidelines,” he says. “Not because they don’t want it. Because their tools don’t talk to ChatGPT or Claude. Their accountant still pulls

From LA to Scottsdale: The Founder Behind AdDynamix Is Building the Bridge Between AI and Business Tools