Author: Press Room

Katie Porter, the former Democratic congresswoman who rose to prominence by wielding a whiteboard while she grilled corporate executives on Capitol Hill, announced on Tuesday that she would enter the 2026 contest for California governor.Ms. Porter, 51, is the highest-profile Democrat to join the race. But a huge unknown remains: whether former Vice President Kamala Harris will jump in.Gov. Gavin Newsom cannot run for re-election because state law limits governors to two terms. Most of the Democrats who have entered the open race so far are current or former state officials who have experience in the statehouse but are little…

Descrease article font size Increase article font size An Ontario superior court has struck down social media giants’ motion to dismiss a lawsuit brought forward by several school boards that alleges their platforms disrupt student learning and the education system. Schools for Social Media Change said on Tuesday that Ontario Superior Court Justice Janet Leiper released her decision on Friday in the case of School Boards v Meta et al., dismissing the defendants’ motion to toss the case out.The lawsuit was initially launched in March 2024 by four of Ontario’s largest school boards against social media tech giants Meta, Snapchat and TikTok. Since…

Separatist militants say they have taken hostages during an attack on a train carrying hundreds of people in southwestern Pakistan and threatened to kill them if their demands are not met.Officials from the provincial government and railways did not immediately confirm whether hostages had been taken.The train, which had been carrying about 400 passengers, was trapped inside a tunnel after the attack, in which it came under fire and the driver was wounded, police and railway officials said.Security forces said an explosion had been heard around the tunnel and that they were exchanging fire with the militants in a mountainous…

As Cardano struggles to retain momentum, Rexas Finance (RXS), a new Ethereum-based altcoin, is gaining traction. With its breakthrough tokenization technology and real-world asset (RWA) tokenization market potential, Rexas Finance will outperform Cardano and earn a huge market share in a relatively untapped sector in 2025.What is Rexas Finance, and why is it called the next Ethereum?Working on the Ethereum blockchain, Rexas Finance (RXS) uses Ethereum’s strong smart contract features. It presents the tokenization of real-world assets, fractionalizing liquid assets such as real estate, commodities, and private equity on the blockchain. This capacity simplifies trading and provides a wider spectrum…

Stay informed with free updatesSimply sign up to the Equities myFT Digest — delivered directly to your inbox.A sell-off in global stocks eased on Tuesday in the wake of steep falls on Wall Street fuelled by investor concerns over the health of the US economy.Futures contracts tracking the S&P 500 and Nasdaq 100 were both flat ahead of the US open.In Europe, the Stoxx Europe 600 was down 0.7 per cent, while Germany’s Dax added 0.2 per cent.The Nasdaq Composite fell 4 per cent on Monday — its worst day in two-and-a-half years — while the S&P 500 index tumbled…

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.The share of mortgage lending to UK first-time buyers hit a record high at the end of last year, as buying property became cheaper than renting and more landlords left the market.People joining the property ladder accounted for 29.6 per cent of all mortgage lending in the final quarter of 2024, according to data published by the Bank of England on Tuesday. It is up 1.9 percentage points from the same period in 2023 and the highest proportion since data collection began…

The opening day of NFL free agency began with some shocking moves and key additions. For the San Francisco 49ers, the biggest shocker was the news that the organization had informed nine-time Pro Bowl fullback Kyle Juszczyk of their intentions to release him before the start of the league year on Wednesday.  San Francisco 49ers fullback Kyle Juszczyk, #44, talks with running back Christian McCaffrey, #23, on the sideline during the second quarter against the New York Jets at Levi’s Stadium on Sept. 9, 2024. (David Gonzales-Imagn Images)ESPN first reported the news on Monday. Juszczyk, 33, has been a powerhouse in the 49ers’ offense…

POISED TO REPEAT TRAGIC HISTORY Duterte’s political allies and supporters are now crying foul and accusing the state of grave abuse of its power. The irony is that it is this same allegation that inspired the bloody war on drugs as it bypassed due process, undermined civil liberties and eroded the rule of law in the Philippines. When it takes an international court to push the cause of criminal accountability and human rights, it is a damning verdict of the integrity and quality of democracy. This latest episode in the Marcos-Duterte war has added more evidence that the upcoming midterm…

NewsFeedUS and Ukrainian officials have begun talks in Saudi Arabia to find a way to end the war with Russia, after Donald Trump accused Ukraine’s president of not being serious about a peace deal. Al Jazeera’s Charles Stratford takes a look at what’s up for negotiation.Published On 11 Mar 202511 Mar 2025

Washington, D.C., officials are making a last-ditch plea to Congress over the continuing resolution (CR) that is expected to head to the House floor on Tuesday. City officials, including D.C. Mayor Muriel Bowser, protested the measure outside the Capitol building on Monday.”Unfortunately, we are here today to talk about potentially devastating and really highly unusual situation that we face with the draft budget CR that would immediately have the effect of cutting $1 billion out of our local budget,” Mayor Bowser told the media during a Monday news conference. District of Columbia Mayor Muriel Bowser speaks at a news conference…