A US Navy nuclear-powered attack submarine stopped in Iceland for the first time on Wednesday. A top admiral told Business Insider that the unprecedented port call sent a message to American foes. The first-of-its-kind visit to the Nordic island nation by the Los Angeles-class attack submarine USS Newport News comes as the US and NATO…
A rally in big tech stocks led the broader market to a higher close Wednesday, lifting the Nasdaq to an all-time high and helping Wall Street claw back most of its losses from earlier in the week. The S&P 500 rose 0.6% for its first gain this week. The benchmark index remains near the record…
A Hong Kong court has allowed an Indonesian tourist to return home while waiting for authorities to decide whether to continue with his prosecution over a fallen tumbler that hit another visitor at The Peak. Merchant Satnauli Bangun, 44, was not required to enter a plea on a count of allowing an object to fall…
A Hong Kong court has allowed an Indonesian tourist to return home while awaiting authorities’ decision on whether to continue with his prosecution over a fallen tumbler that hit another visitor at The Peak. Merchant Satnauli Bangun, 44, was not required to enter a plea on a count of allowing an object to fall from…
Elon Musk has returned to bashing the GOP budget bill in recent days, and in doing so, has reignited his fight with President Donald Trump. In one long-time investor’s view, it’s bound to create even more challenges for the company, which just reported another quarter of weak vehicle deliveries. Ross Gerber, the CEO of Gerber-Kawasaki…
This story has been made freely available as a public service to our readers. Please consider supporting SCMP’s journalism by subscribing. New users who download our updated app get a seven-day free trial. The No 1 typhoon warning signal issued in the early hours of Wednesday will remain in effect throughout the day, the Hong…
Chris Brown is about to go, in his own words, “from cage to stage.” The controversial R&B star on Wednesday confirmed in an Instagram story that he is moving forward with his upcoming Breezy Bowl tour next month after its status seemed uncertain amid his arrest last week in Manchester, England. The “Kiss Kiss” singer…
Recyclable fashion to hit the runway at 10th annual Trash 2 Trends show Goodwill Industries of Central Florida and Keep Orlando Beautiful Inc. will team up to celebrate the work of local designers and help fund environmental projects throughout the city. Updated: 9:58 AM EDT Apr 30, 2025 MONTH. AND THESE 30 DAYS AIM TO…
A collapse in volatility suggests that the painful stock market sell-off is over and that a fresh rally could be brewing. That’s according to Jason Goepfert, senior research analyst at SentimenTrader, who told BI on Wednesday that the sharp decline in the Cboe Volatility Index, or VIX, flashed a “bear killer” signal. The bullish signal…
After weeks of pain, the stock market is eyeing some relief from tariffs and fears about Donald Trump’s encroachment on the Federal Reserve. US stocks soared Wednesday after comments from Trump helped ease two major headwinds for the stock market: steep tariffs on China and the early termination of Federal Reserve Chairman Jerome Powell. Here’s…