FanDuel fires CEO Amy Howe amid stock slump, rising competition from prediction markets
FanDuel CEO Amy Howe has been shown the door after five years with the company.
· Sean Treppedi
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Newest first · UTC+11:00FBI Raids Office And Cannabis Dispensary Of Virginia State Sen. L. Louise Lucas
Federal agents from the FBI executed court-authorized search warrants Wednesday morning at the Portsmouth legislative office of longtime Democratic Virginia State Sen. L. Louise Lucas and at an adjacent cannabis retail business she co-owns, as part of an ongoing federal corruption probe tied to marijuana dispensary …
· Tyler Durden
London-based firm strikes $132.5M deal for stake in massive Minnesota iron ore project
The Metals Royalty Company is betting big on America’s push to rebuild its steel supply chain — striking a $132.5 million deal to buy a royalty stake in a massive Minnesota iron ore project that executives say could become a cornerstone of the nation’s “green steel” future.
· Ariel Zilber
Nearly $1 billion in oil shorts bet just before Iran peace report
Keep independent journalism alive
· Stephen Prager
Shivon Zilis, mother of Elon Musk’s kids and former OpenAI board member, testifies in explosive case
Shivon Zilis, Elon Musk’s romantic partner and the mother of four of his children, testified Wednesday in his explosive lawsuit against OpenAI – fielding questions about whether she “funneled” information to Musk while she was sitting on the artificial intelligence giant’s board.
· Taylor Herzlich
OpenAI CEO Sam Altman was dishonest, caused ‘chaos,’ ex-exec Mira Murati says in bombshell testimony
OpenAI’s former head of technology Mira Murati slammed CEO Sam Altman as an untrustworthy leader who fomented strife among the company’s top ranks — stunning testimony that was shared Wednesday in Elon Musk’s bombshell lawsuit against the artificial intelligence giant.
· Marc Vartabedian
Did Japan raise yen intervention line to 157? Sharp volatility draws speculation
An exchange rate of 160 yen to the dollar was previously seen as the level at which Japanese authorities would intervene. (Photo by Akira Kodaka)
· Staff Writer
ASX rebound set to continue as Wall Street's record rally rolls on
Renewed hopes for peace and another spending spree in AI stocks have seen Wall Street's S&P 500 and Nasdaq indices rally to new record highs while global oil prices tumbled.
· Stephen Letts
Feds smash huge drug ring fueling MacArthur Park fentanyl trade — as accused narco queen caught in desperate final act
A suspected stash house in South Los Angeles run by gang members accused of deadly drug dealing at notoriously MacArthur Park was swarmed Wednesday morning by federal agents — who caught their targets allegedly trying to flush fentanyl down the toilet.
· Ben Chapman
First Gen to conduct annual stockholder's meeting
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· The Manila Times
Korea's foreign reserves rise in April despite FX market-stabilizing measures
SEOUL, May 7 (Yonhap) -- South Korea's foreign reserves rebounded in April despite efforts by authorities to manage exchange rate volatility, the central bank said Thursday.
· Kim Boram
Insurers' overseas units see rise in 2025 earnings
SEOUL, May 7 (Yonhap) -- South Korean insurers' overseas units posted a 24.8 percent-gain in their earnings last year as they expanded their operations overseas, the financial watchdog said Thursday.
· Park Sang-soo
Wall Street giant Apollo aims to open ‘second headquarters’ outside NYC — in latest fallout from Mamdani’s war on the wealthy
Yet another major Wall Street firm is poised to expand outside New York City – the latest blow to the Big Apple’s tax coffers thanks to Mayor Zohran Mandani’s war on wealthy residents and businesses, The Post has learned.
· Charles Gasparino
FIFA president Gianni Infantino appears to blame US resale market for sky-high World Cup prices
FIFA President Gianni Infantino says if fans don’t like the sky-high prices for this year’s World Cup, then too bad!
· James Franey
Mitsubishi Heavy wants bigger bang for its buck to match GE Vernova, Siemens
A gas turbine contains roughly 30,000 parts. (Mitsubishi Heavy Industries)
· Staff Writer
NSW gun industry calls for buyback to be scrapped amid plummeting sales
NSW gun shops say business has dropped since new gun laws were passed. (Supplied: Michael Corkhill)
· David Claughton
Trade jobs more lucrative than ever as data centers are paying young electricians enormous salaries
They’re loud. They’re massive. And, if you live anywhere near one, you probably don’t want it in your backyard.
· Marissa Matozzo
How major US stock indexes fared Wednesday 5/6/2026
Oil prices sank, and stock markets burst higher worldwide with hopes that a deal is nearing to allow tankers to deliver crude from the Persian Gulf again.
· The Associated Press
US treasury secretary to discuss weak yen in Japan next week
U.S. Treasury Secretary Scott Bessent, center, will meet with Japanese Prime Minister Sanae Takaichi, left, and Bank of Japan Gov. Kazuo Ueda on May 12. (Nikkei montage/Source photos by Nikkei and Reuters)
· TAKESHI KAWANAMI
Huge potential to develop joint ventures with Maldives
Sri Lanka remained resilient through fiscal discipline, structural reforms, strengthened governance and strong international support, despite facing several challenges during recent times, including global uncertainties and tensions, shifting trade conditions and the impact of severe weather, Prime Minister Dr Harin…
· Gayan Abeykoon
‘People haven’t seen Chinese cuisine in such a way’: Mott 32 is coming to Melbourne
Is Melbourne ready for Peking duck aged for 42 days and smoked over applewood? That’s the signature dish at Hong Kong-born restaurant Mott 32, which will open its first Australian outlet at Crown Melbourne in March 2027 as part of the casino business’s $200 million shake-up of the riverside megaplex.
· Dani Valent
Republic of Korea and Sri Lanka convene 2026 EDCF Policy Dialogue
The Government of Sri Lanka (GoSL) and the Government of the Republic of Korea (ROK) successfully held the Economic Development Cooperation Fund (EDCF) Policy Dialogue 2026 on 28 April 2026 at the Randora Auditorium, Ministry of Finance, Planning and Economic Development. The Meeting was co-chaired by the Government…
· Gayan Abeykoon
Virtual ‘Discover Ceylon’ opens new pathway for Sri Lanka tourism
Sri Lanka’s tourism sector is embracing digital innovation with “Discover Ceylon,” an immersive virtual experience designed to attract a new generation of global travellers through gaming.
· Gayan Abeykoon
Janashakthi Foundation partners President’s Fund
JXG (Janashakthi Group), through its philanthropic arm the Janashakthi Foundation, has partnered with the President’s Fund to expand healthcare assistance for children under eighteen.
· Gayan Abeykoon
Trump looks for a silver bullet to end the Iran war - DailyNews
Experts are dubious that time will work in Mr. Trump’s favor. The United States “can certainly do more damage to the Iranian economy, but they have withstood more pressure than any other economy in history, and that hasn’t produced the collapse of the regime or more reasonable positions,” said Suzanne Maloney, an Ir…
· Gayan Abeykoon
Global Innovation Summit highlights Sri Lanka–India collaboration - DailyNews
The Global Innovation & Leadership Summit, organised by Zee Media and the WION International Media Network, was held last week at the Cinnamon Grand Colombo, bringing together policymakers, business leaders and diplomats from Sri Lanka and India to strengthen bilateral ties and promote regional collaboration.
· Gayan Abeykoon
Nuclear power in base-case electricity plan - DailyNews
Sri Lanka has, for the first time, incorporated nuclear power into its base-case long-term electricity generation plan, signaling a significant policy shift as the country explores solutions to its growing energy demand and long-term climate commitments.
· Gayan Abeykoon
New coronavirus found in Thailand may be able to infect people: study
A passenger shown wearing a full protective suit to travel during the COVID-19 pandemic in 2020. © Reuters
· Staff Writer
Women’s Cricket receives shot in the arm from MCA - DailyNews
With the success the seven men’s cricket tournaments have achieved, the Executive Committee of Mercantile Cricket Association (MCA) have decided to give women’s cricket in Sri Lanka a boost by introducing a women’s cricket tournament for the corporate sector.
· Gayan Abeykoon
Richard Pieris Finance launches device financing solution for Samsung smartphones - DailyNews
Richard Pieris Finance Limited (RPFL) has expanded its consumer financing portfolio with the launch of a new device financing solution for Samsung smartphones through authorized mobile dealers of John Keells Office Automation, enabling customers to access premium mobile devices through affordable and flexible instal…
· Gayan Abeykoon
AMW and Orient Insurance ink deal to introduce extended warranty for Suzuki vehicles - DailyNews
Associated Motorways (Private) Limited (AMW) has entered into a strategic partnership with Orient Insurance to enhance aftersales value for customers through the introduction of an extended warranty programme for Suzuki vehicles in Sri Lanka.
· Gayan Abeykoon
Seylan Bank recognised employees with commendable performance - DailyNews
Seylan Bank recently recognised employees who achieved notable success at national-level mercantile sports competitions, reaffirming the Bank’s commitment to holistic employee development, teamwork and well-being beyond the workplace.
· Gayan Abeykoon
Janashakthi Life conducts ‘Shilpashakthi’ initiative for scholarship holders - DailyNews
Janashakthi Life, a leading name in the insurance industry and a flagship brand of JXG (Janashakthi Group), conducted Shilpashakthi, an educational initiative supporting over 5,000 Grade 5 Scholarship students with academic guidance in collaboration with educator Bharatha Lankage.
· Gayan Abeykoon
ChargeUP partners Lanka IOC to drive EV charging expansion - DailyNews
ChargeUP has partnered with Lanka IOC PLC (LIOC), becoming its exclusive Electric Vehicle (EV) charging partner.
· Gayan Abeykoon
The Overseas School of Colombo students participate at Slingshot Challenge - DailyNews
Three students from The Overseas School of Colombo (OSC) joined the Slingshot Challenge, a global initiative that aims to inspire youth, ages 13-18, to tackle the planet’s environmental issues.
· Gayan Abeykoon
AIA strengthens commitment with ‘Run For Their Lives’ as Gold Sponsor
AIA Insurance Lanka strengthened its long‑standing commitment to community wellbeing by partnering with ‘Run For Their Lives’ (RFTL) 2026 for the fifth year, serving as the Gold Sponsor of the event.
· Gayan Abeykoon
NSB takes digital banking to people with islandwide digital drive
In line with the national vision of accelerating digital transformation and financial inclusion, the National Savings Bank has launched an extensive Digital Drive campaign, taking banking services directly to the people through town storming initiatives and digital literacy programmes across key locations.
· Gayan Abeykoon
HNB partners George Steuart Solution to expand solar energy access in Sri Lanka
HNB PLC, has entered into a strategic partnership with George Steuart Solution Pvt Ltd, to expand access to solar energy solutions across Sri Lanka. Formalised through a Memorandum of Understanding, the collaboration focuses on supporting both domestic and Commercial and Industrial segments that obtain financing thr…
· Gayan Abeykoon
The Future of European Chemical Industry: Innovation, sustainability and global competition
In early nineties Sri Lankan manufactures very convince with European raw materials which was always quality consistence and long regarded as a global leader in innovation, is now entering a transformative period. Faced with rising energy costs, stricter environmental regulations, and increasing global competition, …
· Gayan Abeykoon
Dialog Enterprise expands Cybersecurity leadership in Sri Lanka
Dialog Enterprise, the corporate solutions arm of Dialog Axiata PLC and Sri Lanka’s number one ICT solutions provider, has announced a strategic partnership with Seceon Inc to strengthen its managed security services portfolio with advanced AI-driven cybersecurity capabilities.
· Gayan Abeykoon
Shares - Colombo Stock Exchange ( Market Statistics on 06.05.2026 ) - DailyNews
Sri Lanka’s most Trusted and Innovative media services provider
· Gayan Abeykoon
Coconut ( Coconut Products – Prices on 06/05/2026 ) - DailyNews
Sri Lanka’s most Trusted and Innovative media services provider
· Gayan Abeykoon
Exchange Rates ( Date 06.05.2026 ) - DailyNews
Sri Lanka’s most Trusted and Innovative media services provider
· Gayan Abeykoon
Gold price up - DailyNews
It has been reported that in line with the rapid increase in the price of gold in the international market, the price of gold in the local market has also increased significantly.
· Gayan Abeykoon
‘Mouth of the South’: Billionaire CNN founder Ted Turner dies aged 87
Ted Turner, the outspoken television pioneer who created a media empire and transformed the news business by creating CNN and introducing the 24-hour cable news cycle, has died aged 87.
· David Bauder
ASX set to jump as oil falls and sharemarkets rally on Iran deal hopes
Oil prices are sinking and stock markets are bursting higher worldwide with hopes that the United States and Iran are nearing a deal to allow ships to deliver crude from the Persian Gulf once again to their customers.
· Stan Choe
Kalshi promo code NYPMAX: Trade $10, get $10 for Knicks vs. 76ers Game 2
Kalshi has a welcome bonus for first-time users who want to sign up for the fast-growing prediction market platform this spring.
· Malik Smith
Rubio’s Rome challenge: Managing an ally, appealing to a pope
ROME — U.S. Secretary of State Marco Rubio heads to Rome this week with two sensitive missions: contain a public spat with the Vatican and ease tensions with Italian Prime Minister Giorgia Meloni over defense and trade.
· Hannah Roberts
Would you rather hand over $300 a month to your bank or the government?
A borrower with a fairly typical $700,000 mortgage has seen a $317 increase to their monthly repayments with three rate rises this year. (ABC News: Alistair Kroie/John Gunn)
· Michael Janda
'Insider trading': Oil and stocks jolt on news of US-Iran deal as some cry 'manipulation'
A report that Iran and the US were inching closer to a peace deal sent oil prices plunging and stock indexes soaring, as some traders claimed that the false starts were starting to smell of market manipulation.
· Middleeasteye