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Signage outside Western Alliance Bank headquarters in Phoenix, Arizona, March 13, 2023.Caitlin O’Hara | Bloomberg | Getty ImagesBig banks including JPMorgan Chase and Goldman Sachs had just finished taking victory laps after a blockbuster quarter when concerns emerged from an obscure corner of Wall Street, sending a collective shiver through global finance.Regional bank Zions late Wednesday disclosed a near total wipeout on $60 million in loans after finding “apparent misrepresentations” from the borrowers. The next day, peer Western Alliance said that it had sued the same borrower, a commercial real estate firm called the Cantor Group, for alleged fraud.The result…
The impact of artificial intelligence is being felt across the health-care industry, from tools that help analyze medical images, aid in drug discovery and complete cancer screenings.But increasingly, AI is being used to fight one of the biggest challenges that health care is facing: a time-challenged (and often burned out) workforce of doctors, nurses and support staff that wants to focus more on patients and care instead of other arduous administrative tasks.That’s leading health-care technology stalwarts like Epic Systems to invest in a variety of AI features that can do everything from helping patients book appointments or understand lab results…
Sources say extension was granted following a formal request from the Afghan Taliban regimePakistani soldiers keep vigil next to newly fenced border fencing along with Afghan’s Paktika province border in Angoor Adda in South Waziristan. Photo: AFP) Pakistan and Afghanistan mutually agreed on Friday to extend their 48-hour ceasefire until conclusion of planned talks in Doha, according to three Pakistani security officials and one Afghan Taliban source. Diplomatic sources have confirmed that the temporary ceasefire between Pakistan and Afghan Taliban has been extended at Kabul’s request, after the initial 48-hour truce expired at 6pm on Friday. According to the sources,…
Zoom In IconArrows pointing outwardsKremlin envoy proposes ‘Putin-Trump tunnel’ to link Russia and U.S. ReutersPresident Donald Trump said Friday that a Russian proposal for Elon Musk and his tunneling business, the Boring Company, to build an undersea rail tunnel through the Bering Strait was “interesting” and he’d have to think about it.”That’s an interesting one,” Trump said when asked about the suggested tunnel from Russia to Alaska. “We’ll have to think about that. I hadn’t heard that.”Ukrainian President Volodymyr Zelenskyy said he was “not happy” with the idea following Trump’s response.Kirill Dmitriev, an investment envoy for Russian President Vladimir Putin,…
Former White House national security adviser John Bolton arrives at U.S. District Court for the District of Maryland, to surrender and face an initial appearance on charges of mishandled classified information, in Greenbelt, Maryland, U.S., October 17, 2025.Leah Millis | ReutersJohn Bolton, President Donald Trump’s former national security advisor, pleaded not guilty Friday to charges of mishandling classified information, multiple news outlets reported.Bolton, 76, made his initial appearance in federal court in Maryland one day after being indicted by a grand jury, becoming the latest Trump foe to face criminal charges.Former FBI Director James Comey and New York Attorney General…
Chancellor of the Exchequer Rachel Reeves speaks on stage during the Labour Party conference on Sept. 29, 2025, in Liverpool, England. Ian Forsyth | Getty ImagesU.K. Finance Minister Rachel Reeves has reiterated her commitment to the government’s self-imposed fiscal rules, but said it must be honest with the public about the challenges the country faces.Speaking to CNBC’s Karen Tso on the sidelines of the IMF’s Annual Meeting in Washington, D.C., on Friday, Reeves cited the Russia-Ukraine conflict, the tensions in the Middle East, and the impact of global trade barriers as key challenges.”The key thing for me is that as…
Following the 26th Constitutional Amendment, the bloc has successfully managed to appoint members to the SC ISLAMABAD: The Independent Group a pro-government lawyers’ group has won the annual election of the Supreme Court Bar Association (SCBA). Led by Law Minister Azam Nazeer Tarar and advocate Ahsan Bhoon, the group secured a crucial victory as its candidate, Haroon-ur-Rasheed, was elected as the new SCBA president by a huge margin of over 400 votes. Candidates of the Independent Group have also won other seats in the SCBA executive body. Since 2010, the Independent Group has won 13 SCBA presidential elections, while only…
Electricity companies across the U.S. are struggling to figure out how much demand will actually materialize from the artificial intelligence boom, as the stock market speculates that vast sums of money will be spent on infrastructure to support a big data center buildout.”There is a question about whether or not all of the projections, if they’re real,” Willie Phillips, who served as chairman of the Federal Energy Regulatory Commission from 2023 until April 2025, told CNBC. “There are some regions who have projected huge increases, and they have readjusted those back.”The AI companies are rolling out ambitious plans to build…
Security forces conduct intelligence-based operations in North Waziristan, South Waziristan and Bannu districts of K-P RAWALPINDI: Security forces have killed 34 “India-backed” terrorists during multiple operations across Khyber-Pakhtunkhwa during the last three days, the military’s media wing said in a statement on Thursday. “From October 13-15, 34 khawarij belonging to Indian-proxy Fitna al-Khawarij were killed in multiple engagements in Khyber-Pakhtunkhwa Province,” the Inter-Services Public Relations (ISPR) said in a statement. Fitna al-Khawarij is a term the state uses for terrorists belonging to the banned Tehreek-e-Taliban Pakistan (TTP). The security forces conducted intelligence-based operations (IBOs) in North Waziristan, South Waziristan and…
WASHINGTON, DC – OCTOBER 16: U.S. Senate Minority Leader Sen. Chuck Schumer (D-NY) (R) and House Minority Leader Rep. Hakeem Jeffries (D-NY) (L) brief members of the press during a news conference on the government shutdown at the U.S. Capitol on October 16, 2025 in Washington, DC. Alex Wong | Getty ImagesCapitol Hill remains locked in a stalemate as the government shutdown trudges into its third week — and Democrats say their lack of trust in President Donald Trump is a major obstacle to negotiations.In past legislative disputes, bipartisan coalitions known as “gangs” have formed to break the logjams. The…