Hut 8 (NASDAQ:HUT) Shares Down 2.8% – Should You Sell?The 26-year-old man charged in last week’s killing of UnitedHealthcare’s CEO appeared in a Pennsylvania courtroom Tuesday, where he was denied bail and his lawyer said he'd fight extradition to New York City, where the attack happened. Luigi Nicholas Mangione was arrested Monday in the Dec. 4 attack on Brian Thompson after police say a worker at a McDonald’s in Altoona, Pennsylvania, alerted them to a customer who resembled the suspected gunman. When arrested, Mangione had on him a gun that investigators believe was used in the attack and writings expressing anger at corporate America, police said. As Mangione was led into the Hollidaysburg courthouse Tuesday, he struggled with officers and shouted something that was partly unintelligible but referred to an “insult to the intelligence of the American people.” He left hours later without saying anything and was driven away. Mangione is being held on Pennsylvania charges of possession of an unlicensed firearm, forgery and providing false identification to police. Manhattan prosecutors have charged him with five counts, including murder, criminal possession of a weapon and criminal possession of a forged instrument. Wearing an orange jumpsuit, Mangione mostly stared straight ahead during the hearing, occasionally consulting papers, rocking in his chair, or looking back at the gallery. At one point, he began to speak to respond to the court discussion but was quieted by his lawyer. Judge David Consiglio denied bail to Mangione, whose attorney, Thomas Dickey, told the court that his client did not agree to extradition and wants a hearing on the matter. Blair County (Pennsylvania) District Attorney Peter Weeks said that although Mangione will create “extra hoops” for law enforcement to jump through by fighting extradition, it won’t be a substantial barrier to sending him to New York. In addition to a three-page, handwritten document that suggests he harbored “ill will toward corporate America,” NYPD Chief of Detectives Joseph Kenny said Monday that Mangione also had a ghost gun, a type of weapon that can be assembled at home and is difficult to trace. Officers questioned Mangione, who was acting suspiciously and carrying multiple fraudulent IDs, as well as a U.S. passport, New York Police Commissioner Jessica Tisch said. Officers also found a sound suppressor, or silencer, “consistent with the weapon used in the murder,” she said. He had clothing and a mask similar to those worn by the shooter and a fraudulent New Jersey ID matching one the suspect used to check into a New York City hostel before the shooting, the commissioner said. Mangione, who comes from a prominent Maryland family, was valedictorian of his elite Baltimore prep school and had degrees from one of the nation’s top private universities. He earned undergraduate and graduate degrees in computer science in 2020 from the University of Pennsylvania. Mangione's grandfather Nick Mangione, who died in 2008, was a successful real estate developer. One of his best-known projects was Turf Valley Resort, a sprawling luxury retreat and conference center outside Baltimore that he purchased in 1978. One of Luigi Mangione’s cousins is Republican Maryland state legislator Nino Mangione, a spokesman for the lawmaker’s office confirmed. From January to June 2022, Mangione lived at Surfbreak, a “co-living” space at the edge of touristy Waikiki in Honolulu. Josiah Ryan, a spokesperson for owner and founder R.J. Martin, said that Martin had learned that Mangione had severe back pain from childhood that interfered with many aspects of his life. Friends in Hawaii widely considered Mangione a “great guy,” and pictures on his social media accounts show a fit and smiling young man on beaches and at parties. Mangione likely was motivated by his anger at what he called “parasitic” health insurance companies and a disdain for corporate greed, according to a law enforcement bulletin obtained by The Associated Press. He wrote that the U.S. has the most expensive healthcare system in the world and that the profits of major corporations continue to rise while “our life expectancy” does not, according to the bulletin, based on a review of the suspect’s handwritten notes and social media posts. Police said the person who killed Thompson left a hostel on Manhattan's Upper West Side at 5:41 a.m. last Wednesday. Eleven minutes later, he was seen on surveillance video walking back and forth in front of the New York Hilton Midtown, wearing a distinctive backpack. At 6:44 a.m., he shot Thompson at a side entrance to the hotel, fled on foot, then climbed aboard a bicycle and within four minutes had entered Central Park, according to police. Another security camera recorded the gunman leaving the park near the American Museum of Natural History at 6:56 a.m. still on the bicycle but without the backpack, police said. After getting in a taxi, he headed north to a bus terminal near the George Washington Bridge, arriving at around 7:30 a.m. From there, the trail of video evidence runs cold. Police have not located video of the suspect exiting the building, leading them to believe he likely took a bus out of town. Police said they are still investigating the path the suspect took to Pennsylvania. “This just happened this morning," Kenny said. "We’ll be working, backtracking his steps from New York to Altoona, Pennsylvania,” Kenny said. Associated Press reporters Jamie Stengle, Lea Skene, Matt O'Brien, Sean Murphy and Cedar Attanasio contributed to this report.
The Detroit Lions will play without two high draft picks in rookie cornerbacks Terrion Arnold and Ennis Rakestraw Jr. while possibly getting back veteran Emmanuel Moseley against the host Indianapolis Colts on Sunday. Arnold was downgraded Saturday from questionable to out because of a groin injury. He was limited at practice on Thursday and participated in a full practice on Friday. The Lions drafted Arnold with the 24th overall pick of the 2024 NFL Draft out of Alabama. Arnold, 21, has started all 10 games and has 38 tackles and six passes defended. Rakestraw (hamstring) was placed on injured reserve after not practicing all week. He already had been ruled out for Sunday's game. Detroit picked Rakestraw in the second round (61st overall) out of Missouri. He has played in eight games and has six tackles. Rakestraw, 22, has played on 46 defensive snaps (8 percent) and 95 special teams snaps (42 percent). Moseley had full practice sessions all week and was activated from injured reserve on Saturday but was listed as questionable for Sunday. The 28-year-old is in his second season with Detroit and appeared in one game last season before going on IR in October 2023. He was placed on IR on Aug. 27 with a designation to return. Moseley played from 2018-22 for the San Francisco 49ers and had 162 tackles, four interceptions -- one returned for a touchdown -- and 33 passes defensed in 46 games (33 starts). Detroit elevated linebacker David Long on Saturday for game day. Long, 28, signed with the practice squad on Tuesday after the Miami Dolphins released him on Nov. 13. He had started six of eight games for the Dolphins this season and had 38 tackles. In other Lions news, the NFL fined wide receiver Jameson Williams $19,697 for unsportsmanlike conduct for making an obscene gesture during a touchdown celebration in last Sunday's 52-6 home win over the Jacksonville Jaguars, the NFL Network reported Saturday. Williams, 23, scored on a 65-yard pass from Jared Goff with 12:55 remaining in the third quarter. --Field Level Media
MAPUTO: At least 21 people, including two police officers, have been killed in Mozambique in the past 24 hours during unrest sparked after the confirmation of the ruling Frelimo party's election victory, the interior minister announced on Tuesday. The Portuguese-speaking African country’s highest court had confirmed on Monday that the Frelimo party, in power since 1975, won the October 9 presidential election that had already triggered weeks of unrest. A total of "236 acts of serious violence were reported" across the country, leaving at least 25 people wounded including 13 police officers, Interior Minister Pascoal Ronda told a press conference late Tuesday. "Groups of armed men using bladed weapons and firearms have carried out attacks against police stations, penitentiary establishments, and other infrastructure," Ronda said. More than 70 people have been arrested, he added. The largely deserted capital Maputo was earlier hit by skirmishes between protesters and police, AFP reporters said. Police in armoured vehicles patrolled the centre of the city, where hundreds of protesters in small, scattered groups threw objects and started fires. Makeshift roadblocks on major thoroughfares were set alight on Monday evening, covering the city with thick smoke, soon after the court confirmed the victory of Frelimo’s presidential candidate Daniel Chapo. Chapo’s main challenger, exiled opposition leader Venancio Mondlane, has claimed the election was rigged, sparking fears of violence between rival party supporters. Shops, banks, supermarkets, petrol stations and public buildings meanwhile were ransacked, with their windows smashed and contents looted. Some were set on fire and reduced to smouldering rubble. "Maputo Central Hospital is operating in critical conditions, more than 200 employees have not been able to reach the site," its director Mouzinho Saide told AFP, adding that nearly 90 people had been admitted with injuries. Forty were injured by firearms and four by knives, he added. Main roads leading to Maputo and the neighbouring city of Matola were blocked by barricades and burning tyres, while the road leading to Maputo airport was largely impassable. Most local residents stayed at home, with the few who ventured out doing so to look at the damage or do last-minute Christmas shopping. Christmas Eve is normally a busy time, with large crowds in central Maputo but shops and even small neighbourhood grocery stores were closed, making petrol and bread unavailable. Public transport was also paralysed, with only ambulances and funeral vehicles running. The unrest spread to several cities in the northern part of Mozambique, local media reported, with violence and vandalism in the provinces of Cabo Delgado, Nampula, Zambezia and Tete, where opposition support is strong. More than 100 people have already died in the unprecedented post-election violence, with fears that the toll could increase after Mondlane’s claim of victory. Mozambicans are demanding "electoral truth", he said in a Facebook post. "We must continue the fight, remain united and strong." Monday’s confirmation of the election result came despite claims of irregularities from many observers. Chapo won 65.17 percent of the vote, more than five points less than the initial results declared by the country’s electoral commission. In the National Assembly, Frelimo has a majority of 171 seats out of 250, down 24 from the announcement in October. "Venancio", as Mondlane is called on the street, repeated his assertion in a social media message on Tuesday that the constitutional court was "legalising fraud" and "the humiliation of the people". "We want to create a People’s Constitutional Court, which will confirm Venancio Mondlane as president," he said of himself. "I will be sworn in and invested," he added. Chapo, who is due to take office in mid-January, struck a conciliatory tone in his victory speech on Monday, promising to "talk to everyone", including his main opponent.
Indian diaspora on Saturday issued a media advisory strongly condemning the racist attacks on Sriram Krishnan, who was recently appointed as Senior AI Advisor by President-elect Donald Trump. "Sriram Krishnan, who was recently appointed by President-elect Trump as his Senior AI Advisor, has become a target of reprehensible racist attacks. There is absolutely no place in our public discourse for spiteful, vengeful, racially motivated, ad hominem epithets," the advisory reads. "At Indiaspora, we categorically and unequivocally denounce racism of any and all kinds. As enunciated in our media statement issued a few days ago, we strongly support Sriram's appointment to this important position because we are confident that he will serve America very well in public office," it added. Recently, the Indian-American Congressman Ro Khanna criticised those targeting Indian-born Krishnan, over his Indian origin. Khanna emphasised that the ability of the United States to attract talent from around the world shows America's "exceptionalism" which puts it ahead of other countries like China. Following a post by an X user, who wrote, "Did any of yall vote for this Indian to run America," Khanna on X wrote, "You fools criticizing @sriramk as Indian born criticize Musk as South African born or Jensen as Taiwanese born." "It is great that talent around the world wants to come here, not to China, and that Sriram can rise to the highest levels. It's called American exceptionalism," the post added. US President-elect Donald Trump nominated Sriram Krishnan as senior policy advisor for Artificial Intelligence at the White House Office of Science and Technology Policy. Sharing a post on the Truth Social platform, Trump wrote, "Sriram Krishnan will serve as Senior Policy Advisor for Artificial Intelligence at the White House Office of Science and Technology Policy." "Working closely with David Sacks, Sriram will focus on ensuring continued American leadership in AI, and help shape and coordinate Al policy across Government, including working with the President's Council of Advisors on Science and Technology. Sriram started his career at Microsoft as a founding member of Windows Azure," he said. Krishnan, 41, acknowledged the offer and expressed his gratitude for the opportunity by saying, "I'm honoured to be able to serve our country and ensure continued American leadership in AI working closely with @DavidSacks. Thank you @realDonaldTrump for this opportunity." Krishnan till recently was a General Partner at Andreessen Horowitz and a personal investor in over two dozen companies including SpaceX, Figma and Scale.ai. He previously led organisations at Meta, X and Microsoft. He holds a Bachelor of Technology in Information Technology from SRM Engineering College, Anna University. (Except for the headline, this story has not been edited by NDTV staff and is published from a syndicated feed.)Warhammer 40K Is Finally Updating Some of Its Oldest Models
MAA Announces Increase to Quarterly Common DividendAP News Summary at 5:52 p.m. EST
NEW YORK (AP) — U.S. stock indexes drifted lower Tuesday in the runup to the highlight of the week for the market, the latest update on inflation that’s coming on Wednesday. The S&P 500 dipped 0.3%, a day after pulling back from its latest all-time high . They’re the first back-to-back losses for the index in nearly a month, as momentum slows following a big rally that has it on track for one of its best years of the millennium . The Dow Jones Industrial Average fell 154 points, or 0.3%, and the Nasdaq composite slipped 0.3%. Tech titan Oracle dragged on the market and sank 6.7% after reporting growth for the latest quarter that fell just short of analysts’ expectations. It was one of the heaviest weights on the S&P 500, even though CEO Safra Catz said the company saw record demand related to artificial-intelligence technology for its cloud infrastructure business, which trains generative AI models. AI has been a big source of growth that’s helped many companies’ stock prices skyrocket. Oracle’s stock had already leaped more than 80% for the year coming into Tuesday, which raised the bar of expectations for its profit report. In the bond market, Treasury yields ticked higher ahead of Wednesday’s report on the inflation that U.S. consumers are feeling. Economists expect it to show similar increases as the month before. Wednesday’s update and a report on Thursday about inflation at the wholesale level will be the final big pieces of data the Federal Reserve will get before its meeting next week, where many investors expect the year’s third cut to interest rates . The Fed has been easing its main interest rate from a two-decade high since September to take pressure off the slowing jobs market, after bringing inflation nearly down to its 2% target. Lower rates would help give support to the economy, but they could also provide more fuel for inflation. Expectations for a series of cuts through next year have been a big reason the S&P 500 has set so many records this year. Trading in the options market suggests traders aren’t expecting a very big move for U.S. stocks following Wednesday’s report, according to strategists at Barclays. But a reading far off expectations in either direction could quickly change that. The yield on the 10-year Treasury rose to 4.22% from 4.20% late Monday. Even though the Fed has been cutting its main interest rate, mortgage rates have been more stubborn to stay high and have been volatile since the autumn. That has hampered the housing industry, and homebuilder Toll Brothers’ stock fell 6.9% even though it delivered profit and revenue for the latest quarter that topped analysts’ expectations. CEO Douglas Yearley Jr. said the luxury builder has been seeing strong demand since the start of its fiscal year six weeks ago, an encouraging signal as it approaches the beginning of the spring selling season in mid-January. Elsewhere on Wall Street, Alaska Air Group soared 13.2% after raising its forecast for profit in the current quarter. The airline said demand for flying around the holidays has been stronger than expected. It also approved a plan to buy back up to $1 billion of its stock, along with new service from Seattle to Tokyo and Seoul . Boeing climbed 4.5% after saying it’s resuming production of its bestselling plane , the 737 Max, for the first time since 33,000 workers began a seven-week strike that ended in early November. Vail Resorts rose 2.5% after the ski resort operator reported a smaller first-quarter loss than analysts expected in what is traditionally its worst quarter. All told, the S&P 500 fell 17.94 points to 6,034.91. The Dow dipped 154.10 to 44,247.83, and the Nasdaq composite slipped 49.45 to 19,687.24. In stock markets abroad, indexes were mixed in China after the world’s second-largest economy said its exports rose by less than expected in November. Stocks rose 0.6% in Shanghai but fell 0.5% in Hong Kong. Indexes fell across much of Europe ahead of a meeting this week by the European Central Bank, where the widespread expectation is for another cut in interest rates. AP Business Writers Matt Ott and Elaine Kurtenbach contributed.Kris Letang, Kevin Hayes game-time decisions vs. Jets; Tristan Jarry scheduled to start