Author: Press Room

Commercial content 21+. One more day. That’s how long teams have to find that elusive last piece of their potential NBA championship puzzle. The NBA trade deadline will pass at 3 p.m. ET Thursday. Perhaps the biggest move was already made when the Dallas Mavericks dealt for embattled Brooklyn Net Kyrie Irving on Sunday after he requested a trade. But there are still plenty of moves to be made. Here are six trades we think could happen before Thursday afternoon. NBA trade deadline predictions Nets trade Kevin Durant to the Celtics for Jaylen Brown Whether the Boston Celtics should actually…

Lesley Harrison, 70, from Tyne and Wear, has finally returned a library book 56 years overdue after being too scared to face the 3p-a-week fine – but kind staff spared her the staggering £2,000A woman has finally returned an overdue library book 56 years late after fearing the skyrocketing £2,000 fine. Lesley Harrison, 70, borrowed the German language textbook while studying her O-Levels at the age of 14, just months before England’s famous World Cup Final win against West Germany. Lesley originally took the book out on a three-week loan from Whitley Bay library in April 1966. But after finishing…

A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign up right here. You can listen to an audio version of the newsletter by clicking the same link. New York CNN  —  Federal Reserve Chairman Jerome Powell threw markets into a tizzy on Tuesday as he spoke about the economy alongside his former boss, Carlyle Group co-founder David Rubenstein, at the Economic Club of Washington. Stocks struggled for direction as investors tried to get a read on Powell’s economic outlook, attitude towards inflation and on future interest rate hikes. Wall Street…

Trading on Turkey’s stock market was suspended on Wednesday morning after the country’s benchmark index fell 7 per cent, extending a steep slide from the previous day triggered by this week’s devastating earthquake. The Bist 100 fell 7.1 per cent in morning dealing, twice tripping a “circuit breaker” that is in place to smooth tumultuous activity. Trading typically resumes following a brief suspension, but Refinitiv data showed no movement in the index from around 10.40am local time (7.40am GMT). The Bist 100 has tumbled 16 per cent this week after an earthquake and aftershocks in the south-east of the country killed…

Turkey’s stock market has sunk 15% in the three days since a devastating earthquake hit parts of the country’s south, piling further pain onto an already fragile economy. Trading on Istanbul’s stock exchange was halted Wednesday after the main index dropped 7% in early dealing, according to Turkey’s Central Securities Depository. The suspension came after the exchange attempted to restore calm by issuing two circuit breakers — a temporary stop in trading to stem panic-selling. A spokesperson for the exchange did not immediately respond to CNN’s request for comment. Early Monday morning, a 7.8-magnitude earthquake rocked parts of southern Turkey…

The federal government is being urged to follow through with its commitment to develop a Black Canadian justice strategy. The Liberal government committed to creating such a strategy in the 2021 election campaign after advocacy groups and the United Nations raised serious concerns over anti-Black racism in the Canadian criminal justice system.Black Canadians are consistently overrepresented in Canadian jails: Black people make up less than four per cent of the Canadian population but about eight per cent of the federal prison population.Justice Minister David Lametti’s office said he is working with members of Black communities to develop the strategy and…

Uber’s post-lockdown streak of strong bookings and revenue growth continued in the final quarter of 2022, as sustained food delivery demand and a rebound in the rideshare business brought earnings in line with Wall Street’s expectations.Uber said that for the first time it surpassed 2bn trips globally in a single quarter, an average of almost 1mn trips per hour. Gross bookings — the total value of fares paid — in the mobility unit grew 31 per cent year-on-year. Overall gross bookings, including from its delivery and freight business, grew 19 per cent to $30.7bn. Total revenue was up 49 per…

The U.S. ski team debuted new race suits at the world championships this week in an effort to bring awareness to climate change.The blue and white suit, which depicts images of ice chunks floating across the ocean, was created in collaboration with Kappa, the team’s technical sponsor, and the nonprofit organization Protect Our Winters (POW). It appears corporate sponsors will appear across the arms and the U.S. Ski Team patch with the traditional red, white and blue will be featured on the skier’s leg. “From the initial vision and concept to the product in hand, we at U.S. Ski &…

The UK competition regulator has said Microsoft’s $75bn acquisition of video game maker Activision Blizzard could “result in higher prices, fewer choices, or less innovation for UK gamers” in provisional findings that jeopardise the landmark deal. The Competition and Markets Authority on Wednesday said the deal would weaken the “important rivalry between Xbox and PlayStation” in gaming consoles and stifle competition in the nascent market of cloud gaming.The findings are a blow to Microsoft, which is also battling regulatory probes in Brussels and the US to push through its biggest-ever deal and become the third-biggest gaming company in terms of…

Binance will airdrop $100 worth of BNB tokens to its Turkish users affected by the recent devastating earthquake. The world’s largest crypto exchange announced Tuesday that it will airdrop BNB worth $100 to all Binance users identified to be living in 10 cities where the earthquake has had a significant impact, including Kahramanmaraş, Kilis, Diyarbakır, Adana, Osmaniye, Gaziantep, Şanlıurfa, Adıyaman, Malatya and Hatay. The exchange will identify eligible users using the Proof of Address (POA) process completed before February 6. Binance estimated that the total donations will be around $5 million USD (or 94,000,000 TRY). The exchange said:”In the aftermath of natural disasters, people…