All posts tagged: Plan

Cboe, Robinhood Plan SEC-Regulated Launch

Cboe, Robinhood Plan SEC-Regulated Launch

Published by skeptic

Cboe plans to launch KPI-based binary contracts for 23 U.S.-listed companies in October 2026, subject to regulatory approval, with Robinhood set to be the first retail broker to offer them. The planned products would let investors take positions on company-specific metrics and corporate events. Cboe says the contracts would be SEC-regulated securities traded on its registered U.S. securities exchange, with Robinhood handling retail distribution. The Cboe Volatility Index (VIX) displayed on a mobile device. SEC review will shape the launch Cboe says its proposed approach differs from similar event-based contracts traded on designated contract markets. It frames the securities structure as offering the transparency, oversight and investor protections of U.S. securities markets. The companies have not announced a specific list of the 23 companies or detailed which KPIs the initial contracts will cover. Cboe says it will charge no fees on the products through the end of 2026, subject to regulatory review; Robinhood also plans to waive fees through year-end. The clearing arrangement still requires approval. Cboe has applied to the SEC for temporary registration …

Airlines Plan ‘Rescue Flights’ For Stranded Israelis In UAE After FlyDubai Incident

Airlines Plan ‘Rescue Flights’ For Stranded Israelis In UAE After FlyDubai Incident

Published by Jenni Sidey

Via The Cradle Israeli national airline El Al announced on Friday that it had canceled flights scheduled to bring Israelis home from Dubai after the UAE withdrew landing permits for Israeli carriers. “Due to the cancellation of approval for Israeli companies to land in Dubai, as was reported by the authorities in Israel, we are forced to cancel, at this stage, our rescue flights,” the airline said in a statement posted on social media. AFP/Getty Images El Al said it remains prepared to operate charter flights to Dubai to bring Israeli citizens home as soon as it receives official approval. The Israeli airline did not explain why the landing permits had been withdrawn. Emirati authorities have not provided an explanation. Israeli passengers were stranded in the UAE after an incident on a FlyDubai flight from Dubai to Tel Aviv. The plane’s copilot allegedly stabbed the captain and tried to crash the aircraft before passengers and crew managed to enter the cockpit to restrain him. Other FlyDubai pilots who happened to be passengers on the flight …

Saudis Plan Assault on Houthis to Break Red Sea Chokehold

Saudis Plan Assault on Houthis to Break Red Sea Chokehold

Published by Sam Flores

By Timour Azhari and Mubasher Bukhari RIYADH, Oct 2 (Reuters) – Saudi Arabia is planning an offensive against Iran-backed Houthi militants in Yemen, with options being considered including ⁠a coastal ⁠push to secure the Red Sea shipping route or an assault on multiple fronts, ⁠regional and Western officials told Reuters. The operation, expected to be launched in the coming weeks, will by led by Yemeni forces on the ground, which are overseen by Riyadh, and supported by Saudi air strikes, ​according to six people with knowledge of the preparations. While the US is already providing intelligence to support Riyadh’s operations in Yemen, and some regional and European nations are providing mainly defensive military aid to the kingdom, the Saudi allies aren’t expected to play a direct role in combat operations, said the people who requested anonymity ‌to discuss security matters. Saudi Arabia entered neighboring Yemen’s civil war in 2015 at ‌the head of an Arab coalition in support of the internationally recognised government, which the Houthis had driven out of the capital Sanaa. A truce …

Detailed plan led to Hong Kong model Abby Choi murder, court hears

Detailed plan led to Hong Kong model Abby Choi murder, court hears

Published by Sam Flores

HONG KONG: The ex-husband and in-laws of a Hong Kong influencer and model crafted an elaborate plan that ended with her murder in 2023, prosecutors told the court Friday in the high-profile case. Police discovered parts of 28-year-old Abby Choi’s dismembered body at a suburban Hong Kong property in February 2023, in a case that stunned the financial hub. Choi’s ex-husband Alex Kwong, 31, his father Kwong Kau, 68, and brother Anthony Kwong, 35, have pleaded not guilty to murder charges and have been on trial since Wednesday. They face life in prison if convicted. Prosecution lawyer Charlotte Draycott said that days before Choi was reported missing, the defendants bought equipment later used to cut up and dispose of Choi’s body including a mincing machine. The court was played CCTV footage that prosecutors said showed Choi, 28, getting into one of two vans used by the Kwongs in the afternoon on Feb 21, 2023. Her last online activity was at 2.44pm. Other footage showed the suspects parking the vans at a different location at around …

Supreme Court Will Hear Dispute Over a Kentucky Church’s Plan to Build a Shrine on Residential Land

Supreme Court Will Hear Dispute Over a Kentucky Church’s Plan to Build a Shrine on Residential Land

Published by Sam Flores

WASHINGTON (AP) — The Supreme Court on Thursday agreed to consider whether a religious institution has a right to build a shrine to the Virgin Mary on residential property next to its Kentucky church. The church’s owner — a nonprofit formed by Roman Catholic priests — claims the Kentucky Supreme Court misconstrued a federal law and erroneously ruled against its plan to build a shrine on a residential plot that it bought for the project. The nation’s highest court will hear arguments in the coming months in its latest case involving religious rights. The petitioners, Missionaries of Saint John the Baptist, argue that they have a right to build the shrine behind their church as part of their “religious mission.” They say a federal law can, under certain circumstances, bar governments from implementing land use regulations that impose a “substantial burden” on religious expression. The state’s highest court concluded last December that a zoning board in Park Hills, Kentucky, a suburb of Cincinnati, lacked the authority to grant a variance allowing the church’s owner to …

France’s 2027 budget plan puts pressure on local services

France’s 2027 budget plan puts pressure on local services

Published by Sam Flores

France presented its ​2027 budget bill on Thursday, seeking to enact unpopular belt-tightening measures. And local governments are bracing for painful cuts. The national government provides most of the financing for local and municipal budgets – and it’s now seeking 5.4 billion euros in savings there. Across the country, mayors are scrambling to figure out how to cut back, while still providing essential services. Source link

The untold origins of Trump’s plan to sharply restrict mail-in voting

The untold origins of Trump’s plan to sharply restrict mail-in voting

Published by Sam Flores

Earlier this month, the Supreme Court blocked an executive order from President Donald Trump restricting voting by mail in ways that could have thrown the upcoming midterms into chaos. But the White House originally had far more disruptive plans, ProPublica has learned.  According to several people knowledgeable about the discussions, the administration initially floated an idea that would have virtually shut down mail voting: requiring all ballots to be delivered exclusively through certified mail. The proposal — which would have required voters to be home and sign for delivery of their ballots — was ultimately abandoned, after vehement Postal Service objections that it would have been impossible to execute.  Even after the idea fizzled, Postal Service officials were cut out of crucial conversations as the Trump administration moved forward with what became the final executive order, two people familiar with the matter said. Issued in March, its contents came as a shock even to the Postal Service’s lawyers. Trump’s order would have forced postal workers to serve as gatekeepers, deciding which ballots would be delivered …

Nvidia boosts buyback plan by 0B in new record

Nvidia boosts buyback plan by $150B in new record

Published by Sam Flores

Technology giant Nvidia announced Monday it is boosting its stock buyback program by $150 billion, setting a record for the largest repurchasing allotment in history. The company’s board of directors authorized the increase, which boosts the total amount in Nvidia’s buyback program from $85 billion to $235 billion. Apple authorized a $110 billion buyback program… Source link

Oil prices surge after Trump rejects Iran’s plan to reopen Strait of Hormuz | Oil and Gas News

Oil prices surge after Trump rejects Iran’s plan to reopen Strait of Hormuz | Oil and Gas News

Published by Sam Flores

Brent crude rises more than 3 percent to top $107 a barrel as Washington dismisses Tehran’s proposal to end war. Published On 28 Sep 202628 Sep 2026 Oil prices have risen sharply following United States President Donald Trump’s rejection of an Iranian proposal to reopen the Strait of Hormuz within seven days. Brent crude, the international benchmark, rose more than 3 percent on Monday, nearing $108 a barrel during trading in Asia. Recommended Stories list of 4 itemsend of list After easing in the afternoon, Brent futures for November were trading at $107.35 a barrel shortly before 08:00 GMT. Major stock markets in the Asia Pacific had a mixed session after Wall Street ended the week on a high on Friday with a 0.5 percent gain for the benchmark S&P 500. Japan and South Korea’s benchmark Nikkei 225 and Kospi indexes fell 0.73 percent and 2.70 percent, respectively. Hong Kong’s Hang Seng Index rose 0.54 percent, while the S&P/ASX 200 in Australia edged up 0.17 percent. The latest market volatility comes after Trump said on Saturday Tehran’s …