The U.S. House Financial Services Committee plans to hold a hearing in December to investigate the collapse of FTX and expects to hear from the companies and individuals involved, including founder and CEO Bankman-Fried. Committee Chair Maxine Waters last week invited Bankman-Fried to participate in the panel's hearing on Dec. 13. "Once I have finished learning and reviewing what happened, I would feel like it was my duty to appear before the committee and explain," the founder and former FTX CEO wrote in a reply to Waters.
Midfielder Ismael Kone is leaving CF Montreal for England's Watford, becoming the second member of Canada's World Cup squad to switch teams since leaving Qatar. Watford, which plays in England's second-tier Championship, said the 20-year-old Kone will join the club Jan. 1 on a 4 1/2-year contract. Kone follows former Montreal teammate Alistair Johnston in heading to Europe. The 24-year-old fullback/wingback's transfer to Scotland's Glasgow Celtic was confirmed Saturday. Kone saw action in each o
DOHA, Qatar (AP) — American success in the men's World Cup remains a dream. The U.S. team looked better this year, but the results were the same as in 2010 and 2014. The Americans were eliminated in the round of 16 following a 3-1 defeat to the Netherlands on Saturday. “We’ve shown that we can compete with top-tier teams and we just want to change the narrative because we think, obviously, over the past years we haven’t gotten enough respect for U.S. soccer and for the way that we play,” midfiel
Excitement was in the air in downtown St. John's on Sunday for the annual Christmas parade. Kids and parents lined the streets, some eagerly camped out in collapsible chairs hours ahead of time, reusable bags filled with donations for the food drive close at hand. "We're going to wait for the Santa parade," said Quinn Graham, one of the many children who arrived on the parade route early. "It's going to happen." A shopkeeper peeked out of his store and smiled at the gathering crowds, his ceramic
In The News is a roundup of stories from The Canadian Press designed to kickstart your day. Here is what's on the radar of our editors for the morning of Monday, Dec. 5, 2022 ... What we are watching in Canada ... A Federal Court is slated to begin two days of hearings today into the Liberal government’s refusal to repatriate 19 Canadian women and children who are being held in northeastern Syria. Family members for the six women and 13 children are expected to argue that the government’s refusa
KHARTOUM, Sudan (AP) — Sudan’s coup leaders and the main pro-democracy group signed a deal Monday to establish a civilian-led transitional government following the military takeover last year. But key players refused to participate, and no deadline was set for the transition to begin. The framework — signed by Gen. Abdel-Fattah Burhan, Gen. Mohammed Hamdan Dagalo and the leaders of the Forces for the Declaration of Freedom and Change — appears to offer only the broadest outlines for how the coun
The 2022 inductees speak about what it's like being recognized.
Some residents in Sicily have been advised to stay indoors after heavy rain caused cars to be submerged and flooded streets in some municipalities.View on euronews
JOHANNESBURG (AP) — At least nine people died and eight others were missing in South Africa after a flash flood swept away members of a church congregation along the Jukskei River in Johannesburg, rescue officials said Sunday. The dead and missing were all part of the congregation, which was conducting religious rituals along the river on Saturday, officials said. Rescue workers reported finding the bodies of two victims that day and another seven bodies when the search and recovery mission resu
A serious collision between a vehicle and a train took place on Sunday around 1.6 kilometres west of Elstow, Sask., on Highway 16, according to RCMP. Saskatoon RCMP officers are currently at the crash location along with crew members of the local fire department who are assisting with a traffic detour, police said in a news release on Sunday. In an email to CBC, RCMP confirmed that only one vehicle was involved in the accident, saying officers received the call for assistance around 8 a.m. Sunda
WASHINGTON (AP) — The Supreme Court is about to confront a new elections case, a Republican-led challenge asking the justices for a novel ruling that could significantly increase the power of state lawmakers over elections for Congress and the presidency. The court is set to hear arguments Wednesday in a case from North Carolina, where Republican efforts to draw congressional districts heavily in their favor were blocked by a Democratic majority on the state Supreme Court because the GOP map vio
From gingerbread cookie decorating to Christmas carols and storytelling with Mrs. Claus, hundreds of families gathered at ATCO Park in Calgary this weekend to celebrate all things winter and raise donations for two charities. Organized by Rümi, ATCO's home solutions company, this is the first year Winter Wonderfest has been held. All proceeds from tickets, which were sold for a minimum of $5, went directly to Habitat for Humanity Southern Alberta. The festival also collected new unwrapped toys f
News bulletin 2022/12/04 11:40View on euronews
AL KHOR, Qatar (AP) — As captain, Aliou Cisse led Senegal to victory over the defending World Cup champions and all the way to the quarterfinals, matching Africa's best run in its first appearance at the tournament. As coach, Cisse is finding the World Cup much, much tougher. The current African champions lost to England 3-0 on Sunday in a surprisingly lopsided result and were knocked out in the last 16. Senegal had arrived with high hopes of at least matching that quarterfinal run of two decade
There's no doubt that the respiratory virus season is hitting hard and fast this year. It's forcing hospitals across Canada to make some desperate changes. As Marney Blunt reports, all this comes amid cautions from the World Health Organization, as drastic measures are being considered worldwide to slow virus spread.
The 2022 inductees speak about what it's like being recognized.
News bulletin 2022/12/04 22:12View on euronews
The Group often acts to change the supply and demand of oil, in order to control market prices and ensure high revenues for its members. But it says it's ready to meet at any time to “address market developments if necessary.”
The market for old oil tankers is booming, and it's all down to efforts by Western nations to curb trade in Russian crude. As Western shipping and maritime services firms steer clear of Russian oil to avoid falling foul of sanctions or harming their reputations, new companies have leapt into the void, and they're snapping up old tankers that might normally be scrapped. It also banned companies and individuals in the bloc from providing financing, brokerage, shipping and insurance services to ship Russian oil elsewhere if the crude was bought above a price cap of $60 a barrel that came into effect on Monday.
SURREY, B.C. — British Columbia's police watchdog has cleared a slain Burnaby RCMP constable of wrongdoing after she shot a man in the altercation that led to her death. The Independent Investigations Office says after a review of all available evidence its chief civilian director determined that there are no reasonable grounds to believe Const. Shaelyn Yang committed an offence. It says the matter will not be referred to the Crown for consideration of charges. Yang, a 31-year-old mental health