The man, an older adult with underlying health conditions, was being treated for a bird flu called H5N5 after becoming seemingly the first known human infected by the strain, according to a statement from the Washington State Department of Health on Friday.
Minnesota has the nation's largest Somali community. Many fled the long civil war in their east African country and were drawn to the state's welcoming social programs.
Indian markets surged Friday as traders anticipated a Federal Reserve interest rate cut next month, boosting sentiment. Despite weekly losses amid tech valuation worries, Nvidia saw a jump on potential China sales. Fed officials offered mixed signals on rate policy, creating market anticipation for the December meeting's outcome.
The Securities and Exchange Board of India (Sebi) is set to review its mutual fund and stock broker regulations next month. Key proposals include unbundling broking fees and updating stock broker rules, which were framed 30 years ago. Sebi aims to streamline compliance and enhance ease of doing business.
Bharti Telecom is set to raise between 8,500 and 9,000 crore through a bond sale. This move aims to refinance existing borrowings for the holding company of Bharti Airtel. The company plans to issue bonds with two and three-year maturities. This is a normal refinancing of maturing bonds. Institutional investors are expected to participate in the issue.
The Securities and Exchange Board of India (Sebi) is considering including real estate investment trusts (REITs) in market indices to enhance liquidity and appeal. Sebi is also exploring ways to expand investment options for REITs and infrastructure investment trusts (InvITs), while working to boost investor awareness and participation in these nascent asset classes.
Indian stock markets saw a dip on Friday, following global trends. Concerns over technology stock valuations and potential US interest rate hikes impacted investor sentiment. Despite a cautious mood, analysts suggest the Nifty may soon reach new highs. Foreign investors were net sellers, while domestic investors bought shares. The market awaits clarity on the US-India trade deal.
Big Tech firms are borrowing heavily to fund AI infrastructure. This shift from using cash reserves worries investors. The trend signals a new, riskier phase for AI. Companies with weaker finances are now involved. Interconnected deals create systemic risk. Valuations for major tech firms are also declining due to this unease.
Former Chicago Bulls guard Zach LaVine, who played for the team for parts of eight seasons, on Friday took a loss on his three-bedroom, 4,500-square-foot condominium on the 28th floor of the building at 9 W. Walton Street, selling it for $6.4 million. The 6-foot-5-inch LaVine, 30, played for UCLA before being drafted by the […]
