Or Bokobza, the chief executive of residential software start-up Venn, has barely spoken to his colleagues for the last week. As a reserve member of an elite combat unit in the Israeli military, he has been in the field since almost immediately after the Palestinian militant group Hamas launched a surprise attack on Israel on
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Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Steve Scalise has withdrawn from the race to become Speaker of the House of Representatives, in a surprise move that underscores the chronic dysfunction in the Republican party and raises fresh doubts about lawmakers’ ability
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One of the developers working on “BitVM” — a Bitcoin-based virtual machine — reiterates the tech is intended to scale Bitcoin rather than launching Ethereum-like decentralized finance applications on the network. BitVM’s whitepaper was released by ZeroSync’s project lead Robin Linus on Oct. 10 with technical support provided by pseudonymous developer “Super Testnet” — implementing
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Municipals were mixed Thursday, outperforming U.S. Treasuries, which saw larger losses following a higher-than-anticipated inflation report, while more outflows from muni mutual funds were reported. U.S. Treasuries sold off after the consumer price index report showed inflation rising, paring back gains after several sessions of a flight-to-safety bid amid the violence in Israel. Equities ended
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Inside Gaza’s Dar al-Shifa hospital, the main medical facility in the besieged Palestinian territory, the exhausted doctors treating victims of Israel’s bombardment struggle with crippling power shortages, ageing equipment and dwindling supplies. Not only the wounded descend on the hospital. Its corridors throng with Gazan families seeking a safe haven from Israeli air strikes that
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The U.S. Environmental Protection Agency has launched a civil rights investigation into Alabama’s Department of Environmental Management after reviewing complaints of discrimination in the distribution of federal funds. In a letter addressed to ADEM Director Lance Lefluer, the EPA said it would launch a probe into state policy concerning distributions from a federally backed sewage
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Prospective buyers visit an open house for sale in Alexandria, Virginia. Jonathan Ernst | Reuters The housing market is dealing with a number of “tricky” dynamics, according to Tracy Kasper, the president of the National Association of Realtors. “What we’ve experienced over the last probably 12 to 18 months is what I really like to
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Issuers focused on boosting ESG  scores through mitigation efforts must face the hard fact that climate risk trumps being prepared.  “There could be a point where the materiality of this risk is greater than the ability to prepare or the ability to manage it,” said Nora Wittstruck, senior director, ESG sector leader, S&P Global Ratings. “It becomes
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