MILAN (Reuters) -Italian billionaire Francesco Gaetano Caltagirone has emerged as a leading player in the reshaping of Italy’s financial sector that is currently under way. BATTLES IN GENERALI AND MEDIOBANCA…
Warner Bros. Discovery said Tuesday that it was reopening talks with Paramount Skydance, giving the studio a week to rival Netflix in its bid to take over the streaming and…
Economy
CFTC chief sides with prediction markets over state regulators in a high-stakes court case
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The Commodity Futures Trading Commission (CFTC) is stepping in to stop what it calls an “onslaught” of state-level regulation of prediction markets. CFTC Chairman Michael Selig said Tuesday in a…
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Rubio announces designation for Nicaraguan prison official tied to alleged human rights violations
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The U.S. took aim at Nicaragua’s regime over alleged human rights violations, announcing a designation against a prison official. ‘Today I’m designating Nicaraguan Prison Director Roberto Clemente Guevara Gómez for…
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Trump convenes first ‘Board of Peace’ meeting as Gaza rebuild hinges on Hamas disarmament
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President Donald Trump’s newly created Board of Peace is set to hold its first meeting Thursday, with administration officials and participating countries framing the gathering as a step toward implementing…
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Trump marks Black History Month, announces Medal of Freedom for Carson and praises Nicki Minaj
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President Donald Trump announced that former Housing and Urban Development (HUD) Secretary Ben Carson will receive the Presidential Medal of Freedom during a White House event marking the 100th anniversary…
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Rubio holding secret talks with Raul Castro’s grandson over Cuba’s future: report
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Secretary of State Marco Rubio has reportedly been holding secret talks with the grandson of Raul Castro, the former President of Cuba. The talks between Rubio and Raul Guillermo Rodriguez…
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Trump lauds ‘piece of work’ Jesse Jackson at ‘sold-out’ Black History Month event
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President Donald Trump praised civil rights activist Jesse Jackson as a ‘real hero’ during a White House Black History Month event Wednesday, just a day after Jackson’s death. ‘I wanted…
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Florida execs sentenced in $233M Obamacare fraud that targeted homeless, hurricane victims
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The president of a Florida insurance brokerage firm and the CEO of a marketing company were sentenced Wednesday to 20 years each in prison for leading a sprawling, $233 million…
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Missile defense race shifts to space; experts say real battle is in first minutes after launch
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The debate over U.S. missile defense is increasingly focused on space, and defense experts argue that stopping threats in the earliest moments after launch could determine whether the homeland remains…