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Norway wealth fund divests from Caterpillar over Gaza 'rights violations'
Norway wealth fund divests from Caterpillar over Gaza 'rights violations'
Economy
by  AFP

Norway's sovereign wealth fund said Monday that it had divested from US construction equipment firm Caterpillar over purported involvement in rights violations in the Israel-Hamas war. The fund said it had also withdrawn from five Israeli firms for financing the construction of illegal settlements in the Israel-occupied West Bank.

Trump moves to fire a Fed governor over mortgage fraud claims
Trump moves to fire a Fed governor over mortgage fraud claims
Economy
by  AFP

US President Donald Trump moved to fire Federal Reserve Governor Lisa Cook "effective immediately" on Monday, citing allegations of false statements on her mortgage agreements -- as he expanded pressure on the independent central bank. The referral, Trump said, provided "sufficient reason" to believe that Cook might have made "false statements" on one or more mortgage agreements.

Women's NBA could face lockout as union deal deadline looms
Women's NBA could face lockout as union deal deadline looms
Economy
by  AFP

Revitalized by Caitlin Clark and other stars and boosted by a new media rights deal, the Women's NBA is struggling to reach a union deal 60 days before the deadline. That led to the WNBA getting $200 million a season starting next year as part of an 11-year media rights deal worth $2.2 billion the NBA signed with Disney, Amazon and NBCUniversal.