ReserveOne, a new cryptocurrency holding company with ties to industry veterans and a former U.S. commerce secretary, said on Tuesday it will list on the Nasdaq through a blank-check deal that is expected to raise more than $1 billion. The company will manage a portfolio of cryptocurrencies including bitcoin, ethereum...
Private Investment Platform Linqto Files for Bankruptcy Amid SEC Scrutiny
Linqto, the investment platform that let users access shares of privately held companies, filed for bankruptcy on Tuesday, citing challenges stemming from alleged securities law violations. The company's move comes after months of investigation by the Securities and Exchange Commission and the Financial Industry Regulatory Authority, Wall Street's self-regulator. Linqto...
Fresno Police Searching for Missing 16-Year-Old Girl
Authorities are asking for the public’s help in locating a missing 16-year-old girl last seen in Fresno last month. Giselle Botello Guzman was last seen the evening of Sunday, June 15, at her home near Pontiac Way and Maroa Avenue, according to the Fresno Police Department. Guzman is described as...
Hershey Appoints Wendy’s Chief Kirk Tanner as New CEO
Hershey on Tuesday named burger chain Wendy's chief Kirk Tanner as its CEO, effective August 18, replacing Michele Buck. The chocolate maker had announced the departure of Buck, who has been at the helm for more than seven years, earlier in January. Tanner will depart Wendy's on July 18,...
Wall Street Opens Mixed as Investors Assess Trump’s Latest Tariff Salvo
Wall Street's main indexes opened mixed on Tuesday, as investors assessed President Donald Trump's latest tariff offensive, and hoped that upcoming trade talks with trading partners could defuse the threat of a full-blown trade war. At 09:31 a.m., the Dow Jones Industrial Average fell 60.05 points, or 0.14%, to 44,339.31,...
Gazans Reject Trump’s Displacement Plan Despite Death and Destruction
GAZA - Whenever Mansour Abu Al-Khaier stares across Gaza, all the 45-year-old Palestinian man sees is death, destruction and starvation after nearly two years of war between Hamas militants and Israel. But even though Palestinian lives have been shattered during the course of Israeli airstrikes and heavy bombardment, Al-Khaier and...
Israeli Military Official Says Iran Hit Some Military Sites Last Month
TEL AVIV - An Israeli military official said on Tuesday that Iranian air strikes last month had hit some Israeli military sites, the first such apparent public acknowledgement that such locations had been struck. The official, speaking on condition of anonymity in accordance with military briefing rules, said that "very...
Netanyahu Nominates Trump for Nobel Peace Prize
WASHINGTON - Israeli Prime Minister Benjamin Netanyahu on Monday told President Donald Trump he had nominated him for the Nobel Peace Prize, handing Trump a nomination letter during a meeting at the White House. Speaking to reporters at the beginning of their meeting, Netanyahu said Israel was working with the...
Netanyahu Meets Trump at White House as Israel, Hamas Discuss Ceasefire
WASHINGTON/TEL AVIV - President Donald Trump hosted Israeli Prime Minister Benjamin Netanyahu for White House talks on Monday, while Israeli officials held indirect negotiations with Hamas aimed at securing a U.S.-brokered Gaza ceasefire and hostage-release deal. Netanyahu's visit follows Trump's prediction, on the eve of their meeting, that such an...
Trump Executive Order Seeks End to Wind and Solar Energy Subsidies
President Donald Trump on Monday directed federal agencies to strengthen provisions in the One Big Beautiful Bill Act that repeal or modify tax credits for solar and wind energy projects. In an executive order, Trump said the renewable energy resources were unreliable, expensive, displaced more dependable energy sources, were dependent...