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Memphis braces for video of a fatal police encounter with a Black motorist, India's Adani is slammed by a $48 billion stock rout, and a Russian graveyard reveals Wagner's prisoner army by Linda Noakes |
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Officers who were involved in a traffic stop that ended with the death of Tyre Nichols are shown in a combination of undated photographs in Memphis, Tennessee. Memphis Police Department/Handout via REUTERS |
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- The police department in the city of Memphis was set to release body-camera video of a violent confrontation between a Black motorist and five police officers charged with murder in his death earlier this month. In a Tennessee grand jury indictment, the five officers, all Black, were each charged with second-degree murder, assault, kidnapping, official misconduct and official oppression in the death of Tyre Nichols.
- Donald Trump's stunning victory in New Hampshire's 2016 Republican primary announced to the other states that he was a serious contender. But as the former president kicks off his bid to recapture the White House in 2024 with a speech in the state tomorrow he will find the political landscape more treacherous than he did six years ago.
- Two men will be sentenced today for their roles in the pepper-spray assault of a Capitol police officer who died the day after the January 6, 2021, riot, whose family are asking the judge to impose the harshest possible penalty on his attackers.
- A jury convicted a man who used a truck to kill eight people on a Manhattan bike path in 2017 on murder and terrorism charges, in the first federal death penalty trial of President Joe Biden's administration. After finding Sayfullo Saipov guilty of committing murder with the goal of joining the militant group Islamic State, the jury will return on February 6 to consider whether the death penalty is appropriate punishment.
- The FBI revealed it had secretly hacked and disrupted a prolific ransomware gang called Hive, a maneuver that allowed the bureau to thwart the group from collecting more than $130 million in ransomware demands from more than 300 victims.
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Children stand next to a crater left by a Russian military strike in the town of Hlevakha, outside Kyiv, January 26, 2023. REUTERS/Valentyn Ogirenko |
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The logo of the Adani Group is seen on one of its buildings in Ahmedabad, India, January 27, 2023. REUTERS/Amit Dave | |
| - Shares of India's Adani Enterprises sank 20% as a scathing report by a U.S. short-seller triggered a rout in the conglomerate's listed firms, casting doubts on how investors will respond to the company's record $2.45 billion secondary sale. Billionaire U.S. investor Bill Ackman said that he found Hindenburg Research's report "highly credible and extremely well researched."
- Intel said it expects to lose money in the current quarter, surprising investors with a bleaker-than-expected outlook for both the PC market and slowing growth in its key data center division. The company is still the three-hundred-pound gorilla in the microprocessor market and it says it has passed through the worst of a revamp under a new chief executive.
- Hasbro said it would cut about 15% of its global workforce this year, and projected holiday-quarter results to be well below Wall Street expectations amid weakening demand for its toys and games.
- Visa's revenue growth continued to wind back to pre-pandemic levels in the first quarter as the post-lockdown travel craze ebbed and consumer spending slowed in a tough economy. The world's largest payments processor still surpassed Wall Street targets for profit.
- Shares of BuzzFeed jumped on reports of a deal with Meta Platforms and plans to use artificial intelligence to personalize and enhance the digital media firm's online quizzes and content.
- Morgan Stanley has imposed financial penalties on employees who used messaging platforms such as WhatsApp for company business, according to two sources familiar with the situation. The penalties ranged from several thousand dollars for some staff to more than $1 million for others.
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Thomas Will, head of Germany's main agency responsible for the investigation of war crimes during Nazi rule, poses for a photo with the files of Holocaust perpetrator Adolf Eichmann in Ludwigsburg, January 25, 2023. REUTERS/Timm Reichert |
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