From burning rubber to street racing, residents are ‘Furious’ about the influences of a movie franchise on the safety of their Los Angeles neighborhood

The Angels CNN — Bob’s Market in Angeleno Heights may look like a regular Los Angeles convenience store, but it’s an icon. In the Fast and Furious movie franchise, it was turned into Toretto’s, the shop owned by the family of the character portrayed by Vin Diesel. Throughout the day, fans from all over the … Read more

Jackson, Mississippi, mayor says he hopes water service can be restored this week

CNN — As Mississippi’s capital faces a third day without reliable water service Wednesday – pushing some residents to stand in long lines for bottled water and keeping schools and businesses closed – the mayor says he hopes water service can be restored this week. The problem came to a head Monday, when river flooding … Read more

Nasdaq falls for third straight day as chip stocks weigh on market

Traders work on the trading floor at the New York Stock Exchange (NYSE) in New York, August 8, 2022. Andrew Kelly | Reuters Stocks fell on Tuesday as investors navigated a batch of disappointing company reports ahead of a key inflation reading. The S&P 500 fell 0.6%, while the Nasdaq Composite dropped 1.5%. The Dow … Read more

R. Kelly to be sentenced today on racketeering, sex trafficking charges

New York CNN — R. Kelly could be sentenced to decades in prison Wednesday following his conviction in federal court last year on racketeering and sex trafficking charges. While prosecutors in New York have recommended the disgraced R&B singer be sentenced to more than 25 years, citing “the need to protect the public from further … Read more

Get Your Crypto House in Order, Old Guard Tells Davos Debutantes | Technology News

By Jessica DiNapoli and Divya Chowdhury DAVOS, Switzerland (Reuters) – Cryptocurrency firms, many of which lined the main street in Davos this week, were told they will need to clean up their act before gaining complete acceptance from the World Economic Forum’s old guard. “The future of crypto, I’m sorry to say, looks regulated to … Read more

India’s Top Crypto App CoinSwitch Calls for Regulatory ‘Peace, Certainty’ | Investing News

DAVOS, Switzerland (Reuters) – India must establish rules on cryptocurrencies to resolve regulatory uncertainty, protect investors and boost its crypto sector, CoinSwitch CEO Ashish Singhal said on Sunday. Although India’s central bank has backed a ban on cryptocurrencies over risks to financial stability, a federal government move to tax income from them has been interpreted … Read more

Vicky White and Casey White search: Authorities made a key discovery. It led to more questions about Alabama correction officer and inmate

CNN — In their search for a missing former official corrections and an inmate facing murder charges, authorities announced a key discovery Friday: they located the car they previously believed the pair was traveling in. The car had been in a Tennessee tow lot for about a week, after local officials found it abandoned in … Read more

FTX Chief Welcomes More Regulation as CFTC Weighs Its Crypto Derivatives Proposal | Investing News

By Lisa Pauline Mattackal (Reuters) – Crypto exchange FTX’s move to seek regulatory approval for direct trading in cryptocurrency derivatives will leave the door open for more oversight of the business in the United States, the company’s chief executive officer said. The US Commodity Futures Trading Commission (CFTC) is currently considering an application from FTX … Read more

Crypto Exchange Coinbase Launches NFT Marketplace for Some U.S. Users | Investing News

LONDON (Reuters) – Major US crypto exchange Coinbase Global Inc launched its NFT marketplace on Wednesday, in a sign of confidence in the niche digital asset even as the market shows signs of cooling. The platform, first announced in October, will initially be available for a “small number” of people in the United States, a … Read more

Cryptocurrency won’t save Vladimir Putin

A version of this story appeared in CNN’s What Matters newsletter. To get it in your inbox, sign up for free here. CNN — The isolation of Russia by much of the world economy may or may not convince Vladimir Putin to recall his invading troops from Ukraine (probably not). But it does mean pain … Read more