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(Bloomberg) -- Investors betting against the most well-known meme stocks have lost about $1.65 billion this month after the shares soared in value, prompting a short squeeze.AMC Entertainment Holdings Inc.’s 47% rally has pushed mark-to-market losses for short-sellers to $653 million, S3 Partners data show. Similar bets against Bed Bath & Beyond Inc. and GameStop Corp., which have surged 359% and 19%, respectively, in August, lost $1 billion combined.AMC Entertainment and GameStop have peeled of
It was a moment more than 74 years in the making. Earlier this year, at a recently opened border crossing between India and Pakistan, Sadiq Khan collapsed into the arms of his younger brother, Sikka, tears of joy and sorrow overwhelming the two men as the decades they spent apart melted away. The brothers hadn't seen each other since August 1947, the year their family was torn apart by the violence and chaos of the partition of British India into two separate countries, India and Pakistan. For d
Poxy McPoxface, TRUMP-22 or Mpox: these some of the ideas sent in by the public to the World Health Organization as it seeks a new name for monkeypox. After a slow start, dozens of submissions have now been made from a range of contributors including academics, doctors, and a gay community activist. They range from the technical (OPOXID-22, submitted by Harvard Medical School emergency physician Jeremy Faust) to the farcical (Poxy McPoxface, submitted by Andrew Yi in an allusion to Boaty McBoatface - almost the name of a British polar research vessel after a public vote on the choice).
WASHINGTON — The Espionage Act, a World War I-era law once used to stamp out dissent, eventually became the government’s legal tool of choice against spies and unauthorized leakers. But now former President Donald Trump faces questions about whether he violated the act after the FBI seized top secret documents that he had taken to his Mar-a-Lago residence in Florida. In recent years, some on the left have criticized the law, saying it was used to prosecute people who leaked government secrets. N
The latest discovery comes amid water cuts for Western states due to severe drought slamming the region.
Health officials are warning people who are infected with monkeypox to stay away from household pets, since the animals could be at risk of catching the virus. The Centers for Disease Control and Prevention for months has had the advice in place as monkeypox spreads in the U.S. But it gained new attention after a report from France, published last week in the medical journal Lancet, about an Italian greyhound that caught the virus. The two men were infected with monkeypox after having sex with other partners and wound up with lesions and other symptoms.
"Stunning! It's giving me Tinker Bell and Twiggy in the best way."
With the upcoming school year and the return to work looming for many Quebecers, the province is launching a new COVID-19 vaccination campaign. In his first appearance at a COVID-19 news conference in six months, Premier François Legault said life is almost back to normal thanks to the vaccine. He's urging people who have not had a dose in the past five months or more to get another shot. "More people will be inside, there will be more contagion," Legault said. "So it's a really good time to be
EDMONTON — Empty seats have been a staple at the unusual world junior hockey championship in Edmonton this month — and Hockey Canada says scandals surrounding the organization are, in part, holding fans back. While the tournament usually sees thousands of avid hockey lovers turn out for each game, the average attendance for the tournament's 20 preliminary round matches was 1,319. Hockey Canada said there are "a few reasons" people have opted to stay home for the rescheduled 2022 tournament. "Fir
Emotions ran high in a Saskatoon’ provincial courtroom and more than a few tears were shed as Travis Mark Dauvin pleaded guilty to killing his then-girlfriend’s dog, Jake. In May 2020, Dauvin injured the small Maltese so severely that he had four broken ribs, a punctured lung, and bruising around his neck and thorax. Even after surgeries to try to save his life, Jake died from his injuries. “I’m sorry for my actions that led to Jake’s death,” Dauvin said in court on Monday. Crown prosecutor Aaro
LONDON (AP) — Elon Musk caused a stir by tweeting that he was buying the English soccer team Manchester United — whose current owners are opposed by many fans — then saying several hours later that it was a joke. It comes as the billionaire Tesla CEO faces a legal battle in the U.S. after backing out of a deal to buy Twitter for $44 billion. He is a prolific user of the platform, often musing about social issues or joking with his 103 million followers and occasionally getting into trouble with
Three weeks before classes were set to resume in September, Tír na nÓg Forest School in Saint John has announced it will discontinue its preschool, elementary, and middle school programs. In a letter to parents this week, founder Tim Jones stated the decision was made "with heavy hearts," and all deposits would be refunded in full. The K-8 school in Rockwood Park had between 50 and 70 students. Founded in 2012, the school presented traditional subjects like math, literacy, science, social studie
An eastern Ontario doctor charged in the death of an elderly patient in Hawkesbury, Ont., last year is now facing three more counts of first-degree murder in the deaths of three other elderly patients, Ontario Provincial Police announced on Wednesday. Dr. Brian Nadler, 35, was arrested Wednesday on the new charges, OPP said in a news release. He had been out of custody since being granted bail on the first charge in July 2021. Nadler was originally charged with one count of first-degree murder i
As a remote nation in the Pacific, the Marshall Islands had been almost completely spared from COVID-19, registering just a handful of cases throughout the pandemic, with no community transmission detected. But in just over a week, more than 4,000 people have tested positive in a population of about 60,000, including the country’s secretary of health and human services, Jack Niedenthal. He has been providing updates on Facebook and said 75% of those tested in Majuro, the capital, had COVID-19, “
A report on Tuesday called Oregon the "frontrunner" to sign Bronny James.
"Whatever it is that you’re going through, I hope that you feel less alone too."
If all goes as planned, NASA's most powerful rocket yet will roar to life on the morning of Aug. 29, as part of the Artemis I mission to the moon. While the mission will be uncrewed — the only passengers on the towering, 32-storey Space Launch System (SLS) and attached Orion capsule are three mannequins — it is the first moonshot for a human-rated spacecraft since Apollo 17 in December 1972. The goal of the Artemis program is to send humans back to the moon — and ultimately to Mars. But unlike t
Rodolfo Castro’s phone flew out of his pocket while he was sliding into third base last week.
Los Angeles Lakers superstar LeBron James has agreed on a two-year, $97.1 million contract extension that will keep him under guaranteed contract with the franchise until 2024, according to multiple reports.
Photo Illustration by Elizabeth Brockway/The Daily Beast/GettyIn a recent interview with Russian state media outlet TASS, the head of the Russian Foreign Ministry’s North American Department, Aleksandr Darichev, said that in the event the U.S. designates Russia a state sponsor of terrorism, it would represent “a point of no return” in relations between the two countries. Speaking on behalf of the country that ruthlessly invaded its smaller neighbor and is continually being accused of human right