All posts tagged: intensifies

Polymarket legal fight intensifies as appeals court weighs ongoing jurisdiction battle in Nevada

Polymarket legal fight intensifies as appeals court weighs ongoing jurisdiction battle in Nevada

A legal fight over online prediction markets is picking up steam, as companies tied to Polymarket push a federal appeals court against Nevada to step in and block a lower court’s decision. In a new filing with the US Court of Appeals for the Ninth Circuit, the companies, which include Blockratize Inc., QCX LLC, and Adventure One QSS Inc, argue the case belongs in federal court and are now seeking an emergency stay while their appeal moves forward. argue they’re likely to win on appeal and shouldn’t be forced to fight the case in Nevada state court in the meantime. They’re asking for an emergency stay after a federal judge ordered the dispute sent back to state jurisdiction. NEW: #Polymarket urges Ninth Circuit to stay remand, citing federal jurisdiction, irreparable harm, and need for federal forum in Nevada dispute @RWW pic.twitter.com/Oa6ZJdxzTm — Suswati Basu (@suswatibasu) March 31, 2026 This comes as the appeals court has already declined to grant a pause in related proceedings, allowing the case to keep moving forward even as the jurisdictional …

Smotrich urges Israel to annex southern Lebanon as assault intensifies | Israel attacks Lebanon News

Smotrich urges Israel to annex southern Lebanon as assault intensifies | Israel attacks Lebanon News

Israel’s far-right finance minister says Litani River must be ‘the new Israeli border’, as attacks on Lebanon ramp up. Israel’s far-right minister of finance, Bezalel Smotrich, has urged his country to annex southern Lebanon, as the military has destroyed bridges and homes in an intensified assault on the area. In an Israeli radio interview on Monday, Smotrich said that the bombardment of Lebanon “needs to end with a different reality entirely”, which includes a “change of Israel’s borders”. Recommended Stories list of 3 itemsend of list “I say here definitively … in every room and in every discussion, too: The new Israeli border must be the Litani,” he said, referring to the Litani River, a critical waterway that cuts through southern Lebanon, about 30km (19 miles) from the border with Israel. Smotrich’s comments come as Israel continues to carry out deadly attacks on Lebanon, striking residential buildings and other civilian infrastructure, which the United Nations has said may amount to war crimes. Intensified Israeli attacks began in early March after Hezbollah launched rockets towards Israeli …

Oracle Axing Huge Number of Jobs as AI Crisis Intensifies

Oracle Axing Huge Number of Jobs as AI Crisis Intensifies

Sign up to see the future, today Can’t-miss innovations from the bleeding edge of science and tech AI companies are spending vast sums of money on data centers — infrastructure expenditures that come with some hair-raising price tags. As Bloomberg reported last week, Larry Ellison’s Oracle may have spread itself a little too thin. The company is planning to cut thousands of jobs due to a “cash crunch” resulting from a massive AI data center expansion effort. Inside sources told the outlet that at least some of the cut jobs will affect categories that will no longer be needed due to AI. Even job listings in its cloud division are reportedly being reviewed, indicating a serious downscaling effort. A day after the story was published, Bloomberg subsequently reported that the company had ended its plans to expand its flagship AI data center in Abilene, Texas, after “negotiations dragged over financing” and its project partner OpenAI changed its mind on the matter. The data center is part of president Donald Trump’s flagging $500 billion Stargate project, …

CFTC signals new guidance for prediction markets as legal fight with states intensifies

CFTC signals new guidance for prediction markets as legal fight with states intensifies

The U.S. derivatives regulator is preparing new guidance and a formal rulemaking process for prediction markets, as the debate over whether such platforms resemble financial exchanges or gambling continues to escalate. Speaking at a Milken Institute event, Mike Selig, chairman of the U.S. Commodity Futures Trading Commission (CFTC), said the agency plans to clarify through new guidance which contract types of prediction markets can be listed on federally regulated exchanges and how those products should be evaluated. We're going to be setting very clear standards as to the types of prediction markets that can be self-certified in our markets. We’re also planning to move forward with an advanced notice of proposed rulemaking in the near future that will set the stage for more fulsome… pic.twitter.com/hzbDKziBSc — Mike Selig (@ChairmanSelig) March 3, 2026 “And so we’ve continued to monitor and regulate these markets,” Selig said. “They’re treated just like any other futures exchange, where we have clearing, we have certain risk controls, there’s advertising and marketing requirements on the brokers.” He added that the agency will …

Epstein fallout intensifies with former Prince Andrew’s arrest

Epstein fallout intensifies with former Prince Andrew’s arrest

12:30 Report is The Hill’s midday newsletter. Subscribe here. Happy Thursday! It’s remarkable how warm 43 degrees and cloudy can feel after the frigid winter we’ve had. Think the groundhog wants to have a change of heart over this year’s prediction?   In today’s issue: Lawmakers react to ex-Prince Andrew’s arrest Fallout over leaders’ Epstein… Source link

Panama ports deal in jeopardy as U.S.-China proxy battle over strategic canal intensifies

Panama ports deal in jeopardy as U.S.-China proxy battle over strategic canal intensifies

This aerial view shows the Taiwanese cargo ship Yang Ming sailing out of the Panama Canal on the Pacific side in Panama City on October 6, 2025. Martin Bernetti | Afp | Getty Images Hong Kong’s CK Hutchison Holdings has threatened legal action against Danish shipping giant A.P. Moller-Maersk after Panamanian authorities tapped the group to temporarily take over operations of two strategic ports at either end of the Panama Canal. In a statement on Thursday, CK Hutchison warned A.P. Moller-Maersk that “any steps” the Danish group or its subsidiary takes to operate the ports without its agreement will likely “result in legal recourse.” That’s according to CNBC’s translation of the Chinese statement. The simmering dispute has become a geopolitical flashpoint between Washington and Beijing, with Panama caught in the crossfires. After U.S. President Donald Trump alleged last year that China was “running the Panama Canal,” CK Hutchison negotiated a $23 billion deal with a BlackRock-led consortium to sell its non-Chinese port subsidiaries. Beijing swiftly intervened, describing the sale as  “kowtowing” to American pressure and stalling …

Battle Over Paintings Attributed to Russian Modernists Intensifies

Battle Over Paintings Attributed to Russian Modernists Intensifies

A long-running dispute over a collection of roughly 1,800 paintings attributed to Russian modernist masters has escalated after a litigation funder said it may have been misled about the works’ authenticity. The development has added a new layer of tension to a case already entangled in competing ownership claims, criminal investigations, and multimillion-dollar lawsuits across several countries. The controversy centers on the late Palestinian collector Uthman Khatib, his son Castro Ben Leon Lawrence Jayyusi, and their Prague-based litigation funder, LitFin. Beginning in 2023, LitFin backed lawsuits brought by the Khatibs against Israeli-Russian businessman Mozes Frisch, whom they accuse of stealing all 1,800 paintings. They are seeking the return of the paintings or damages of approximately $323 million, the collection’s purported fair market value. The collection includes paintings attributed to El Lissitzky, Natalia Goncharova, and Kasimir Malevich. But the paintings themselves have a long and checkered history. Their original owner, the late Israeli art dealer Itzhak Zarug, was convicted in 2018 in Germany of selling forgeries. As part of the investigation into Zarug, Germany’s Federal Police …

Nigeria church attackers demand ransoms as search intensifies for over 150 hostages

Nigeria church attackers demand ransoms as search intensifies for over 150 hostages

ABUJA, Nigeria (AP) — Gunmen who abducted more than 150 church worshippers in Nigeria’s conflict-hit northwest are demanding 17 motorcycles as ransom from families of hostages, residents told The Associated Press on Thursday. In one of the largest mass abductions targeting religious worship centers in the West African nation in recent months, the attackers on Sunday raided three different churches in Kaduna state’s Kajuru council area, seizing 177 people before 11 managed to escape. Nigerian security forces have deployed tactical teams in search of the kidnappers, believed to be among the rogue gangs who often carry out kidnappings for ransoms in remote communities with limited state and security presence. In interviews on Thursday, residents said the attackers contacted families demanding 17 motorcycles — estimated at around $1,000 each or $17,000 in total — to begin negotiations for their release. “They (abductors) said that they want 17 motorcycles (and) have not told us yet that they need money,” said Ishaku Dan’azumi, the village head of Kurmin Wali. The kidnappers requested the motorcycles to replace ones they …

Minnesota sues to block Trump’s immigration crackdown enforcement intensifies : NPR

Minnesota sues to block Trump’s immigration crackdown enforcement intensifies : NPR

Federal immigration officers get in a car as they prepare to deploy tear gas at a protest Monday in Minneapolis. John Locher/AP hide caption toggle caption John Locher/AP MINNEAPOLIS — State officials are suing the Trump administration over the widespread immigration operation taking place across the Minneapolis region. The lawsuit, filed Monday in the U.S. District Court for the District of Minnesota, comes days after an Immigration and Customs Enforcement agent fatally shot 37-year-old Renee Macklin Good in her car as she blocked the road. State Attorney General Keith Ellison said in a press conference that federal agents during the surge have arrested peaceful bystanders, detained U.S. citizens and fired chemical irritants at demonstrators and others exercising their First Amendment rights, including outside a local high school. The lawsuit calls on the Trump administration to end its immigration crackdown in the state. “Thousands of armed and masked DHS agents have stormed the Twin Cities to conduct militarized raids and carry out dangerous, illegal, and unconstitutional stops and arrests in sensitive public places, including schools and …