Nicolas Maduro is seen in handcuffs after landing at a Manhattan helipad on January 5, 2026 in New York City. We knew someone made over $400,000 on suspicious Polymarket bets around the US operation to capture Venezuelan president Nicolas Maduro, but now we have a name: Gannon Ken Van Dyke. The US Attorney for the Southern District of New York announced Thursday that Van Dyke is in custody, on sev...
Nicolas Maduro is seen in handcuffs after landing at a Manhattan helipad on January 5, 2026 in New York City. We knew someone made over $400,000 on suspicious Polymarket bets around the US operation to capture Venezuelan president Nicolas Maduro, but now we have a name: Gannon Ken Van Dyke. The US Attorney for the Southern District of New York announced Thursday that Van Dyke is in custody, on several charges, including using confidential government information for personal gain. As described in the indictment , prosecutors allege Van Dyke was directly involved in the planning and execution of "Operation Absolute Resolve" to capture Maduro, and in the days before the capture, made several transactions purchasing "$33,934 worth of 'YES' shares on Mad … Read the full story at The Verge.
There’s a new wave of job cuts at the Commonwealth Bank, just as some of the world’s largest tech companies move to slash positions as part of a broader shift toward artificial intelligence. While Australia’s biggest lender is eliminating about 120 roles, Meta is looking to cut 10% of its entire workforce, according to an internal memo. Meanwhile at Microsoft, about 7% of the US workforce will be ...
There’s a new wave of job cuts at the Commonwealth Bank, just as some of the world’s largest tech companies move to slash positions as part of a broader shift toward artificial intelligence. While Australia’s biggest lender is eliminating about 120 roles, Meta is looking to cut 10% of its entire workforce, according to an internal memo. Meanwhile at Microsoft, about 7% of the US workforce will be offered voluntary buyouts. None of the moves are likely to soothe growing fears among white collar workers worldwide that their jobs are less safe than they’ve been in a long time. As you get your morning coffee, don’t forget to check out our exclusive reporting on IFM Investors from my colleague Amy Bainbridge , or the latest on Anglo American from Paul-Alain Hunt . - Ben Westcott, Asia Agriculture Reporter What’s happening now The Commonwealth Bank of Australia will eliminate around 120 roles amid a broader push to harness artificial intelligence at the nation’s largest lender, the Finance Sector Union said in a statement Thursday. The reductions come two months after a separate round of cuts that will claim around 300 roles, as part of efforts to further embrace AI. Infrastructure investor IFM Investors, mainly owned by the country’s biggest pension funds, is eyeing defense investments in Europe as it seeks to tap the region’s historic shift to military expansion, according to chair Cath Bowtell. Meanwhile nearly 90% of Australian funds plan to increase hedging ratios across asset classes over the next three months, with a particular focus on hedge funds, private credit and private equity, according to a new survey. Anglo American has at least three potential buyers for its Australian steelmaking coal business after a sale to Peabody Energy was derailed last year following a fire at one of the mines. A suitor and deal could be announced in coming months, according to people familiar with the matter. Australia’s Future Fund has named Richard Brandweiner as chief investmen...
Officials have begun a detailed review of the government’s HK$20,000 (US$2,600) baby bonus scheme six months before the end of its three-year term, and for good reason. With its low take-up rate, the scheme has failed to make the hoped-for impact on a falling birth rate. At the end of February, more than 40 per cent of the HK$2.8 billion set aside to encourage couples to have babies remained unspe...
Officials have begun a detailed review of the government’s HK$20,000 (US$2,600) baby bonus scheme six months before the end of its three-year term, and for good reason. With its low take-up rate, the scheme has failed to make the hoped-for impact on a falling birth rate. At the end of February, more than 40 per cent of the HK$2.8 billion set aside to encourage couples to have babies remained unspent, according to the Labour and Welfare Bureau. This suggests financial incentives alone cannot...
Former Tesla executive Chris Lister is retiring, and at least three other VPs have left Redwood around the recent restructuring, TechCrunch has learned.
Former Tesla executive Chris Lister is retiring, and at least three other VPs have left Redwood around the recent restructuring, TechCrunch has learned.
Former Tesla executive Chris Lister is retiring, and at least three other VPs have left Redwood around the recent restructuring, TechCrunch has learned.
Former Tesla executive Chris Lister is retiring, and at least three other VPs have left Redwood around the recent restructuring, TechCrunch has learned.
Earnings Call Insights: Medpace (MEDP) Q1 2026 Management view “Quarter 1 of 2026 saw cancellations rise again with backlog cancels reaching their highest point in over a year,” said (Chairman & CEO August Troendle), adding, “Net bookings were below the level of -- seen in Q4… with a net book-to-bill ratio of 0.88.” Troendle also flagged demand indicators and commercial execution priorities: “RFPs...
Earnings Call Insights: Medpace (MEDP) Q1 2026 Management view “Quarter 1 of 2026 saw cancellations rise again with backlog cancels reaching their highest point in over a year,” said (Chairman & CEO August Troendle), adding, “Net bookings were below the level of -- seen in Q4… with a net book-to-bill ratio of 0.88.” Troendle also flagged demand indicators and commercial execution priorities: “RFPs were down in the quarter sequentially and year-over-year. Initial award notifications and win rate were strong… we are focused on expanding our pipeline of opportunities and have implemented a number of initiatives to improve our win rate.” (President Jesse Geiger) reported, “Revenue for the first quarter of 2026 was $706.6 million,” “Net new business awards entering backlog… increased… to $618.4 million,” and “Ending backlog… was approximately $2.9 billion,” while projecting, “approximately $1.94 billion of backlog will convert to revenue in the next 12 months.” (CFO & Treasurer Kevin Brady) said, “EBITDA of $149.4 million… EBITDA margin for the first quarter was 21.1%,” and “In the first quarter, we generated $151.8 million in cash flow from operating activities,” while emphasizing, “Our 2026 guidance ranges for revenue, EBITDA, net income and EPS are unchanged from our prior quarter… There are no additional share repurchases in our guidance.” Troendle announced a leadership change: “this will be our last earnings call with Jesse Geiger, our President,” and later said, “I will retake duties as President as I had in the past.” Outlook Brady reiterated 2026 framework changes were not made: “Our 2026 guidance ranges for revenue, EBITDA, net income and EPS are unchanged from our prior quarter based on an effective tax rate of 19% to 20% and interest income of $27.5 million. There are no additional share repurchases in our guidance.” On durability despite cancellations, (Chairman & CEO Troendle) said, “our current modeling is we’re going to be within our guidance range on rev...