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3 takeaways from Bondi’s combative DOJ oversight hearing

0 CommentsPolitics

For more politics coverage and analysis, sign up for Here’s the Deal, our weekly politics newsletter, here. Democratic senators had questions. Attorney General Pam Bondi wasn’t answering them. Appearing Tuesday before the Senate Judiciary Committee for the first time since her confirmation hearing, Bondi was light on direct answers as Democrats pressed her on the ways President Donald Trump might be using the Justice Department to prosecute perceived political foes. On her terms, she championed the direction of the department as the nation’s top law enforcement officer, deflected questions about legal justifications and ethics, and went on the offense against…

The office worker who became the first person ever to appear on TV

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Enter William Taynton, a 20-year-old office boy who was working downstairs from Baird's makeshift laboratory. He told the BBC 40 years later to the day: "Mr Baird came rushing down full of excitement and almost dragged me out of my office to go to his small laboratory. I think he was so excited at the time that words didn't come. He almost grabbed me and wanted me to get upstairs as quickly as possible."When Taynton came across the ramshackle state of Baird's laboratory, he said he felt like running straight back down the stairs. First, he had to navigate his…

Revolut aims to take on Indian banks and their ‘criminal’ forex fees

0 CommentsTechnology

British fintech Revolut — now launching in India — says cross-border payments remain one of India’s most underserved financial services. By its estimate, Indians spend about $30 billion overseas every year and lose around $600 million in bank charges — fees its India head calls “criminal.” “It has been the preserve of banks,” Paroma Chatterjee, Revolut India CEO, told TechCrunch. “You go to your bank to take currency, foreign exchange out from your bank, or you take a travel card that is issued by your bank when you’re traveling overseas … there have been humongous charges which have been levied…

NFL: Dallas Cowboys owner Jones fined $250,000 for ‘obscene gesture’

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Dallas Cowboys owner Jerry Jones has been fined, external $250,000 (£186,000) by the National Football League for making an obscene gesture towards fans on Sunday.The 82-year-old was caught on camera raising his middle figure at the crowd during the Cowboys' 37-22 win over the New York Jets at MetLife Stadium.But Jones says he intended to put his thumb up instead, and was signalling to his own supporters - not those of the Jets."That was unfortunate. That was kind of an exchange with our fans out in front of us," Jones said on 105.3 The Fan."There was a swarm of Cowboys…

Ares CEO Michael Arougheti on ‘retail revolution’ in alternative assets

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A version of this article appeared in CNBC's Inside Alts newsletter, a guide to the fast-growing world of alternative investments, from private equity and private credit to hedge funds and venture capital. Sign up to receive future editions, straight to your inbox.At Ares Management's analyst day last month, the alternative asset manager quietly bumped up its three-year fundraising targets by 25%.CEO Michael Arougheti told CNBC the change was due to better-than-expected momentum among individual, wealthy investors.A recent survey by State Street found that the "retail revolution" will drive more than half of the private market flows in the next few years, a seismic shift from traditional…

The Paradoxical Efficient Market Hypothesis

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by John Allen PaulosLouis BachelierElection season has put an increased focus on the stock market, but little attention is ever paid to the Efficient Market Hypothesis (the EMH, for short). As I’ve written in A Mathematician Plays the Stock Market, it is a fundamental and important notion, but it is also a little weird. Its recent formulation derives from the work of Eugene Fama, economist Paul Samuelson, and others in the 1960s. The basic idea, however, dates back more than 100 years when Louis Bachelier, a student of the great French mathematician Henri Poincare, formulated an early version. Roughly, the…

Bondi dodges Democrats’ questions on weaponizing DOJ in Senate hearing

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Attorney General Pam Bondi’s appearance before the Senate Judiciary Committee today underscored the deep partisan divide over the state of justice in America. In tense exchanges, Bondi and committee members clashed repeatedly, with each side accusing the other of politicizing and weaponizing the Justice Department. Congressional correspondent Lisa Desjardins has this report. Geoff Bennett: Attorney General Pam Bondi's appearance before the Senate Judiciary Committee today underscored the deep partisan divide over the state of justice in America.In tense exchanges, Bondi and committee members clashed repeatedly, each side accusing the other of politicizing and weaponizing the DOJ.Congressional correspondent Lisa Desjardins has…

11 of the best TV shows to watch this October

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Riot Women premieres 22 October on Britbox in the US and in October on BBC1 in the UKWarner Bros9. It: Welcome to DerryOnly in Stephen King's world could a welcome message sound so menacing. Pennywise, the evil clown played by Bill Skarsgård in the films It (2017) and It: Chapter Two (2019) had to start somewhere, and Skarsgård returns in this prequel series, based on the "interlude" chapters in the 1986 King novel that inspired the films. The show is set in 1962 in Derry, Maine (far from the Ireland of Derry Girls) where a couple with a young son…

Trump’s DOE proposes cutting billions in grants for GM, Ford, and lots of startups

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The Department of Energy is looking to cut billions more in federal funding, and many promising startups as well as automakers Ford, General Motors, and Stellantis could be affected by the Trump administration’s decision. The proposed cuts would cancel more than $500 million of contracts awarded to more than a dozen startups, according to a TechCrunch analysis of an internal document that has not become public yet. All of the proposed cuts are grants that had been awarded under the Bipartisan Infrastructure Law. The proposed cancellations, many of which have not been reported before, come on top of more than…

Jake Connor: Leeds Rhinos half-back named 2025 Steve Prescott MBE Man of Steel

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Matt Newsum, BBC Sport rugby league reporterJake Connor's receipt of the Man of Steel award in 2025 is somewhat fitting given the mental toughness he has shown in particular to put himself back among Super League's best players since joining Leeds.The 30-year-old has never lacked talent, but at times application and discipline have been his downfall. However, that is no longer the case, as an initial mix of tough words from boss Brad Arthur and a supportive environment since then have allowed Connor to thrive.He was pivotal in Rhinos' return to the play-offs with his creativity and kicking game, and…