Author: Press Room

NEWYou can now listen to Fox News articles! Miami Heat star Bam Adebayo made NBA history on Tuesday night.Adebayo scored 83 points, all while setting league marks for free throws made and attempted in a game for the Miami Heat in a 150-129 win over the Washington Wizards. It is the second-highest scoring game for a player ever, only to Wilt Chamberlain’s famed 100-point game.”An absolutely surreal night,” Heat coach Erik Spoelstra told reporters after the game.Adebayo started with a 31-point first quarter. He was up to 43 at halftime, 62 by the end of the third quarter. And then…

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NEWYou can now listen to Fox News articles! A 75-year-old math teacher who died over the weekend was discovered inside a Maryland elementary school, officials said Monday.Deborah Tolson, a math interventionist at Arundel Elementary School in Baltimore, was discovered inside the building, according to the school’s principal, Kerry-Ann Malcolm.Tolson taught in Baltimore City Public Schools for 23 years and had worked at Arundel Elementary for the past seven.”Ms. Tolson was a very beloved member of our school community for seven years,” Malcolm wrote in a letter to the school community. “A pillar of the school community, she was beloved by…

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City officials, police and community organizations in Penticton, B.C., are launching a new campaign aimed at addressing a rise in intimate partner violence in the community. The initiative, called “Not In My Community,” brings together the City of Penticton, RCMP and local service organizations to focus on prevention, improving access to support services and strengthening coordination between agencies responding to violence.“We are taking a united stand against intimate partner violence,” Penticton Mayor Julius Bloomfield said during the campaign launch.Penticton RCMP say the campaign will also introduce a new role, a dedicated intimate partner violence coordinator within the local detachment.“Police focus…

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Meanwhile, France’s finance minister said Monday the G7 was “not there yet” in terms of any release of strategic reserves as members held crisis talks on the economic fallout of the Middle East war.”Despite the apparent calm, the bigger question for markets is whether energy flows in the region can return to normal,” wrote Fawad Razaqzada at Forex.com.”The Strait of Hormuz remains the critical focal point. As one of the world’s most important oil shipping routes, any disruption to traffic through the strait would immediately reignite supply fears and likely send crude prices sharply higher again.”Until traders see clear confirmation…

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U.S. installations damaged in strikes U.S. baseat Erbil Airport U.S. base or a base hosting U.S. forces Air defense infrastructure Note: Some sites shown were claimed to have been struck by Iran-aligned militias. Data are as of March 10. The New York Times Iran has responded to the U.S.-Israeli assault on the country by launching drones and missiles at American targets across the Middle East, hitting embassies, killing U.S. soldiers, and damaging military bases and air defense infrastructure.The New York Times has identified at least 17 damaged U.S. sites and other installations, several of which have been struck more than…

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The Turkish lira rose slightly this week as traders waited for the upcoming CBRT interest rate decision, as the crisis in the Middle East continued. The USD/TRY exchange rate retreated to 44 from the year-to-date high of 44.10.Turkish Central Bank interest rate decision The Central Bank of the Republic of Turkey (CBRT) will be in the spotlight this week as it delivers its interest rate decision.This decision comes as the country comes in the spotlight as a crisis in the Middle East continues. For example, NATO officials have downed several Iranian drones.The next important for the USD/TRY exchange rate will come…

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One thing to start: Citadel and ExodusPoint are among the big-name hedge funds to have been stung by the market fallout from war in the Middle East, which has sparked a surge in energy prices and a sharp bond sell-off.Welcome to Due Diligence, your briefing on dealmaking, private equity and corporate finance. This article is an on-site version of the newsletter. Premium subscribers can sign up here to get the newsletter delivered every Tuesday to Friday. Standard subscribers can upgrade to Premium here, or explore all FT newsletters. Get in touch with us anytime: [email protected]In today’s newsletter:MFS’s loan ‘merry-go-round’New investments…

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