Oaktree Capital raises stake in UK's Indivior, becomes 2nd largest shareholder

Reuters
Citi pushes back on New York lawsuit over fraud scams, Bloomberg News reports
James, New York state's attorney general, sued Citibank unit in January, alleging that its lax security protocols allowed scammers to gain easy access to users' accounts and steal their deposits through unauthorized wire transfers. She stated that "Citi's negligence" had cost customers in the state millions of dollars. The Bloomberg report added that Citi said U.S. banks will have to make a "dramatic shift" in how electronic payments are processed if New York state wins the lawsuit.
Reuters
UK likely to free up borrowing by excluding BoE losses, Guardian reports
British finance minister Rachel Reeves will likely free up 10 billion to 20 billion pounds ($13.1 billion - $26.2 billion) worth of room to borrow for capital investment by tweaking the technical definitions that underpin the government's fiscal rules, the Guardian reported on Tuesday. Reeves will present the Labour Party's first budget on Oct. 30 since it swept to power at an election in July, promising to get Britain's economy growing more quickly through careful fiscal management and state spending on infrastructure that encouraged more private-sector investment. The Guardian reported, citing unnamed allies of Reeves, that she was likely to exclude the losses incurred by the state from the Bank of England's past asset-purchase programs from the way debt was calculated.
The Canadian Press
Where has Cameroon’s 91-year-old leader been? In Europe, an official says
ABUJA, Nigeria (AP) — Authorities in Cameroon on Tuesday dismissed widespread speculation about the health of 91-year-old President Paul Biya after a long public absence, saying he is on a visit to Europe and doing well.
BBC
Morecambe and Wrexham among winners in EFL Trophy
Morecambe, Wrexham and Rotherham are among five teams who win to seal their place in the knock-out stage of the EFL Trophy.
The Canadian Press
This camp provides a safe space for kids to learn and play after Hurricane Helene
BREVARD, N.C. (AP) — The Weissmans still have much to do to recover from Hurricane Helene flooding their home last month.
USA TODAY
Doctor disguised himself as nurse, poisoned mother's former partner with fake COVID shot
Thomas Kwan, a family doctor in Sunderland, England, pleaded guilty to poisoning his mother's former partner by injecting him with a fake COVID shot.
The Canadian Press
Quebec court grants injunction to stop illegal dumping in Kanesatake
MONTREAL — A Quebec court has granted a temporary injunction against several residents of the Mohawk community of Kanesatake to stop the illegal dumping of contaminated soil on waterfront properties.
Business Insider
Russia's economy faces an 'unsolvable trilemma' but can survive for several more years, think tank expert says
Russia's economy can sustain itself for several more years before the Kremlin will be forced to make some tough choices, one expert writes.
The Canadian Press
3 killed when a medical helicopter headed to pick up a patient crashes in Kentucky
OWENTON, Ky. (AP) — Three crew members were killed when a medical helicopter heading to pick up a patient hit a wire and crashed in Kentucky, authorities said.
Business Wire
Henry Schein Opens Customer Assistance Hotline Ahead of Hurricane Milton
MELVILLE, N.Y., October 08, 2024--Henry Schein, Inc. (Nasdaq: HSIC) reminds its customers in Florida and all areas in the projected path of Hurricane Milton that the Henry Schein Customer Assistance Hotline is open for dental and medical professionals who may experience operational, logistical, or financial issues as a result of damage caused by the hurricane.
Reuters
EU extends sanctions on Nicaraguan officials
The sanctions prohibit the officials from the Central American country from traveling through EU countries and any assets they hold in European banks are frozen, the EU said in a statement. The European bloc first slapped sanctions on the Ortega government in 2019, condemning alleged human rights violations committed by authorities in a crackdown against anti-government protesters the year before. The EU on Tuesday urged the Ortega government to release political prisoners and re-establish some freedoms such as the right to dissent.
Yahoo Finance Video
Why the AI trade is 'a disappointing story'
Artificial intelligence (AI) has taken the world by storm, with investors eagerly seeking ways to capitalize on this trend. Richard Bernstein Advisors CEO Rich Bernstein joins to discuss why he's cautious about AI investing. Bernstein acknowledges that AI will transform the economy, much like other major technological innovations such as the internet, automobile, and light bulb. "This is not the first time we're seeing technological innovation," he tells Yahoo Finance. However, from an investment perspective, he notes that long-term returns are based on the supply and demand of capital. In the AI space, companies are not "starved for capital." "Look, AI might work in the next week, the next two weeks, the next month — I don't know that. But I can tell you that longer-term, we think this is going to be a very disappointing story," he states. To watch more expert insights and analysis on the latest market action, check out more Market Domination Overtime here. This post was written by Angel Smith
PA Media: Entertainment
David Tennant and Cush Jumbo open Shakespeare’s Macbeth in the West End
Famous faces attending the opening night included Tennant’s Good Omens co-star Michael Sheen.
GlobeNewswire
Emergent BioSolutions Demonstrates Commitment to Increasing Access & Awareness of NARCAN® Nasal Spray to Help Combat the Opioid Epidemic
Ongoing support of the ‘White House Challenge to Save Lives from Overdose’ through workplace and public safety measuresOne-year mark of Ready to Rescue public awareness campaign to expand awareness, particularly among young adults and vulnerable communities20,000 additional doses of NARCAN® Nasal Spray to be donated to organizations in need GAITHERSBURG, Md., Oct. 08, 2024 (GLOBE NEWSWIRE) -- Emergent BioSolutions Inc. (NYSE: EBS) remains committed to supporting widespread opioid emergency prepa
WFTS-Tampa
Water service turned off ahead of Milton
ABC Action News tracks tropical developments in the Atlantic and Gulf of Mexico.
The Guardian
Kamala Harris tells Howard Stern Trump is a ‘sore loser’ in interview blitz
Vice-president takes campaign to radio show popular with white men amid a series of sit-down interviews
BBC
Crues edge Blues as Larne, Glens and Ballymena progress
Crusaders beat Linfield 3-2 in the Co Antrim Shield quarter-finals and they are joined in the last four by holders Larne, Glentoran and Ballymena United.
Yahoo Finance Video
Mixed risk signals, AI trade bounces back: Market Takeaways
The market is seeing mixed risk signals as the S&P 500 (^GSPC) closed just shy of a fresh record high on Tuesday while ten-year bond yields (^TNX) closed above 4%. Meanwhile, the risks associated with a no landing scenario for the US economy have been reignited after September's jobs report came in much hotter than expected. The AI trade has also bounced back, as Nvidia (NVDA) closed close to its record high. Yahoo Finance Markets and Data Editor Jared Blikre breaks down his takeaways from the trading day. To watch more expert insights and analysis on the latest market action, check out more Asking for a Trend here. This post was written by Melanie Riehl
The Weather Network
Final full day of preparations for Florida residents as Milton bears down
Hurricane Milton stays on a dangerous course towards Florida, with catastrophic and life-threatening impacts possible
Kansas City Star
With mental exam still pending, new trial date set for Andrew Lester in Clay County
The results of a mental examination that pushed off the original trial date for the man alleged to have shot Ralph Yarl are still pending, and could upend the new date as well.

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Oaktree Capital raises stake in UK's Indivior, becomes 2nd largest shareholder

Latest Stories

Citi pushes back on New York lawsuit over fraud scams, Bloomberg News reports

UK likely to free up borrowing by excluding BoE losses, Guardian reports

Where has Cameroon’s 91-year-old leader been? In Europe, an official says

Morecambe and Wrexham among winners in EFL Trophy

This camp provides a safe space for kids to learn and play after Hurricane Helene

Doctor disguised himself as nurse, poisoned mother's former partner with fake COVID shot

Quebec court grants injunction to stop illegal dumping in Kanesatake

Russia's economy faces an 'unsolvable trilemma' but can survive for several more years, think tank expert says

3 killed when a medical helicopter headed to pick up a patient crashes in Kentucky

Henry Schein Opens Customer Assistance Hotline Ahead of Hurricane Milton

EU extends sanctions on Nicaraguan officials

Why the AI trade is 'a disappointing story'

David Tennant and Cush Jumbo open Shakespeare’s Macbeth in the West End

Emergent BioSolutions Demonstrates Commitment to Increasing Access & Awareness of NARCAN® Nasal Spray to Help Combat the Opioid Epidemic

Water service turned off ahead of Milton

Kamala Harris tells Howard Stern Trump is a ‘sore loser’ in interview blitz

Crues edge Blues as Larne, Glens and Ballymena progress

Mixed risk signals, AI trade bounces back: Market Takeaways

Final full day of preparations for Florida residents as Milton bears down

With mental exam still pending, new trial date set for Andrew Lester in Clay County