Blame Uncle Sam for US megafires that turn money and jobs into ashes

Blame Uncle Sam for US megafires that turn money and jobs into ashes

Since 1944, Smokey, a cartoon bear in a ranger hat, has told generations of Americans that “Only you can prevent forest fires.” But that’s not entirely true. Because Smokey Bear, like the rest of us, has overlooked the biggest villain behind today’s wildfires. In fact, the greatest threat to America’s forests isn’t the family around…

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Exclusive | Chinatown leaders fire warning shot at Mamdani to try to sink NYC hi-rise jail plan

Exclusive | Chinatown leaders fire warning shot at Mamdani to try to sink NYC hi-rise jail plan

Chinatown leaders are urging Mayor Zohran Mamdani to reconsider building a hi-rise jail in the densely populated neighborhood — saying the move could cause the ground to sink and endanger other buildings. The proposed 16-story local “jailscraper” is part of a $16 billion plan to replace the Rikers Island Jail Complex with four borough-based facilities…

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SoftBank plans record US$6.3 billion retail bond sale in Japan

SoftBank plans record US.3 billion retail bond sale in Japan

Published Mon, Aug 24, 2026 · 04:18 PM [TOKYO] SoftBank Group plans a record ¥1 trillion (US$6.3 billion) retail bond sale, the biggest by any issuer in Japan, as the conglomerate raises funds for its investment commitments to OpenAI. The seven-year bonds are expected to be priced on Sept 4, with an indicative coupon range…

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Florida female pilot who made emergency landing in Atlantic Ocean says she’s ‘incredibly fortunate’ to swim away from crash

Florida female pilot who made emergency landing in Atlantic Ocean says she’s ‘incredibly fortunate’ to swim away from crash

A young Florida pilot who crash-landed her plane in the Atlantic Ocean after experiencing a mechanical failure has said she’s incredibly fortunate to have been able to swim away from the incident. Faith Tenkley, 23, was heading to the Bahamas on Saturday to collect her parents but was forced to make an emergency landing off…

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Australian shares post best session in nearly three weeks

Australian shares post best session in nearly three weeks

Published Mon, Aug 24, 2026 · 03:25 PM [SYDNEY] Australian shares climbed on Monday (Aug 24) in their strongest session in nearly three weeks, as heavyweight miners rallied on firmer iron ore prices and pushed BHP Group to a record high, outweighing weaker financial stocks. The benchmark S&P/ASX 200 index rose 0.5 per cent to…

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Singapore should anchor hedge fund leaders, nurture local managers amid regional talent war: observers

Singapore should anchor hedge fund leaders, nurture local managers amid regional talent war: observers

Cultivating local funds and talent pool entrenches the decision-makers who truly drive capital here [SINGAPORE] As tax advantages narrow across competing financial hubs, Singapore’s true competitive edge will depend on more than drawing capital – it will need to anchor the decision-makers who manage and allocate it, said hedge funds and industry watchers. Attracting senior…

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