Author: Press Room

Immad Akhund, CEO and co-founder of the startup Mercury.Courtesy: Mercury TechnologiesMercury, a fintech firm that provides banking services to startups, has raised $200 million in funding at a $5.2 billion valuation, CNBC has learned exclusively.That valuation is 49% higher than the San Francisco-based company’s previous funding round just 14 months ago, bucking the downturn facing much of the fintech sector.The Series D round was led by venture firm TCV — backer of other well-known fintech firms, including Revolut and Nubank — and included existing investors Sequoia Capital, Andreessen Horowitz and Coatue, Mercury CEO Immad Akhund told CNBC.Mercury has emerged in…

The Defense Department says it wants to be “AI-first,” but some service members are concerned about how quickly the technology is developing. Chris Livesay reports.

US Representative Thomas Massie lost his Republican primary on Tuesday after one of the most expensive and politically charged congressional campaigns in modern United States history. For the Israel lobby and its allies, the result marked a decisive victory. US President Donald Trump deployed his political weight against Massie, endorsing his chosen challenger, Ed Gallrein, and turning a local race into a national confrontation. At the same time, pro-Israel organisations and billionaire donors, including Miriam Adelson, poured extraordinary sums into Kentucky to defeat a congressman whose offence was questioning military aid to Israel and challenging the expanding influence of pro-Israel…

U.S. Secretary of State Marco Rubio spoke Wednesday directly to the Cuban people in a video recorded in Spanish, criticizing the country’s elite for being corrupt and offering a “new path,” including a proposed $100 million influx of food and medicine. The message came as U.S. officials are preparing to announce an expected indictment of former President Raúl Castro.Rubio, the son of Cuban parents who immigrated to Florida two years before Fidel Castro rose to power, targeted the Grupo de Administración Empresarial S.A., or GAESA, a politically-connected Cuban business organization that Rubio alleges has $18 billion in assets and control…

Sexual Violence Prevention Month has many advocates in Saskatchewan raising awareness on the gaps in resources. According to Sexual Assault Services of Saskatchewan, the province has one of the highest rates of sexual violence in Canada. Prevention tactics across the province are shifting to focus on transforming cultural norms.“Residents of Saskatchewan are assaulting and abusing each other at a rate that is almost double the national average, and for those behaviours to change, there needs to be role models who are leading positive change and setting the standard for what behaviour looks like,” Sexual Assault Services of Saskatchewan community outreach…

Karratha chemists Shaylee Mills and Emma Engelke recognised at PSA WA Pharmacist Awards | The West Australian Close navigation menuSubscribeLog In

NEWYou can now listen to Fox News articles! There have been growing rumors in the U.K. that Prince William is preparing for a trip to the U.S. tied to both the FIFA World Cup and America’s 250th anniversary celebrations — but now the Prince of Wales may be planning a calculated charm offensive on the world stage.Christopher Andersen, author of “Kate!,” told Fox News Digital that William may be considering a family trip involving the royal children, with a Middleton family friend telling him they are “over the moon with excitement,” especially with Prince George being “a passionate soccer fan.””This…

Hotel operators avoid a ‘very real threat’ by signing a deal with 25,000 workers as the city hosts the 2026 tournament.Published On 20 May 202620 May 2026New York City hotel operators and ⁠unions have reached an eight-year labour deal covering about 25,000 workers, averting a strike over wages, workloads and staffing levels that had threatened to disrupt the city ⁠before the FIFA World Cup, said the head of the Hotel Association of New York City.Vijay Dandapani, the association’s president and chief executive, said on Tuesday that the mood among owners was “overall positive” after weeks of negotiations, though the industry…

NEWYou can now listen to Fox News articles! The State of Alabama is the latest to crack down on recruiting within high school football, with Mary G. Montgomery head coach Zach Golson being suspended for the upcming season.You might be wondering what type of recruiting violations would end up getting a coach escorted out of the school after being placed on administrative leave when accusations started flying.Well, in my neck of the woods of Semmes, Alabama, keeping a secret or not running to social media to blast the latest gossip is essentially a rite of passage.Located just outside of Mobile,…

NEWYou can now listen to Fox News articles! FIRST ON FOX: In observance of Memorial Day, country stars, veterans and lawmakers will host a candlelight ceremony to mark America’s 250th birthday at the Arlington National Cemetery in Virginia Monday.”Memorial Day is a sacred reminder that freedom is never free. We honor the brave men and women who gave their lives defending America and its founding principles that we hold dear,” said the event’s master of ceremonies, Veteran Affairs Secretary Doug Collins, to Fox News Digital. “Their sacrifice is the foundation of American freedom, and we thank God for their courage.” Organizers…