Author: Press Room

It sure sounds nice, the idea that Major League Baseball’s embrace of legalized betting has opened a door for the late Pete Rose to be enshrined in the Hall of Fame. With all this gambling going on, they’d be a bunch of hypocrites if they didn’t put Rose in Cooperstown, right?Well … no. It’s the other way around. MLB needs to keep Rose on its ineligible list, if only to reinforce the understanding that all the games are on the level. That’s precisely what was at issue on Aug. 24, 1989, when the late A. Bartlett Giamatti, baseball’s commissioner at…

European leaders find themselves plunged into a hostile new era of less cooperation from the United States, a greater threat from Russia and an increasingly uncertain outlook for Ukraine. On Thursday, they are gathering in Brussels to try to figure out what to do about that.They are walking a fine line: They need to figure out how to support Ukraine and bolster their own defenses while avoiding further alienating their tempestuous allies in Washington.“This is a watershed moment for Europe — and Ukraine is part of our European family,” Ursula von der Leyen, the head of the European Union’s executive…

Democratic mayors push back on sanctuary city criticism at House hearing – CBS News Watch CBS News The mayors of four so-called “sanctuary cities” testified before the Republican-led House Oversight Committee, where they defended their jurisdictions’ immigration policies and treatment of undocumented immigrants. Caitlin Huey-Burns has details. Be the first to know Get browser notifications for breaking news, live events, and exclusive reporting. Not Now Turn On

In the early weeks of the Trump administration’s push to slash funding that colleges and universities rely on, grants and contracts had been cut and, in a few cases, researchers had been laid off.In recent days, the fiscal pain has come to students.At the University of Pennsylvania, administrators have asked departments in the School of Arts & Sciences, the university’s largest school, to cut incoming Ph.D. students. In some cases, that meant reneging on informal offers, according to Wendy Roth, a professor of sociology.Her department had to decide which of the students would be “unaccepted.” Dr. Roth, chair of graduate…

Descrease article font size Increase article font size Eighty-eight-year-old Fernand Vautour won’t let age or a broken hip break his stride. After injuring himself falling on ice last winter, Vautour was unable to go cross-country skiing, a sport he’s loved since he was a teenager.“I was kinda stuck. I couldn’t go outside, it was too slippery,” he said.Vautour decided to screw two skis to his walker. Get breaking National news For news impacting Canada and around the world, sign up for breaking news alerts delivered directly to you when they happen. “I went outside. I could walk on the ice…

Chainlink (LINK) fell 10% and has had a rough week beginning as the crypto market continues to be volatile. Despite renewed hope in the sector, LINK has not been able to regain its upward momentum, with selling pressure pushing prices lower. While there are some experts who believe that a recovery is around the corner, short-term volatility has seen investors looking elsewhere for other opportunities with greater growth potential.Meanwhile, Mutuum Finance (MUTM) is gaining massive traction too, with its price increasing by 50% in the coming days. The project, which is in its second presale, already has more than 4,200…

This article is an on-site version of our Energy Source newsletter. Premium subscribers can sign up here to get the newsletter delivered every Tuesday and Thursday. Standard subscribers can upgrade to Premium here, or explore all FT newslettersHello and welcome to Energy Source, coming to you from New York.US President Donald Trump has made adjustments to his tariffs on imports from Canada and Mexico, as he gave a one-month reprieve for carmakers. US commerce secretary Howard Lutnick said the president would “consider” relief for certain other sectors.But the fallout from an escalating trade war already caused oil prices on Wednesday to drop…

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.A higher-than-expected surge in UK motor insurance profits helped Admiral Group to record pre-tax profits for 2024 up 90 per cent, in what chief executive Milena Mondini de Focatiis called a “remarkable” year for the UK insurer.Pre-tax profits in UK motor insurance rose 63 per cent over the previous year, to £955mn, thanks to a wider rise in UK motor premiums. The strong UK motor profits and reduced losses in other businesses meant group-wide pre-tax profits rose to £839mn, the group’s highest-ever…

In tonight’s show, Ben Harvey gives voters a how-to guide on not getting duped by political promises, exposing holes in six major election campaign pledges.

US DEMAND “EXTREMELY HIGH” Lai said on Thursday the government was not pressured by Washington “during TSMC’s US investment process”. Wei said TSMC’s expansion was driven by growing demand from US clients and it would not affect the company’s investments in Taiwan. TSMC planned to build 11 new production lines in Taiwan this year to meet demand, Wei said, adding “our production capacity is not enough”. “Whenever TSMC builds a production line in any location outside Taiwan, it is always driven by customer demand,” Wei said. “We went to Japan because of Japanese customer demand, to Germany because of German…