Sunday, October 20

In The NEWS


Cuba plunges into darkness after island's power grid fails.

A power plant failure in Cuba has led to a nationwide blackout affecting roughly 10 million residents. The Antonio Guiteras power plant, which is the country's largest and provides about 20% of Cuba's electricity, went offline due to technical issues. The shutdown comes as the country already faces a fragile energy infrastructure coupled with fuel and food shortages. Residents and businesses have been experiencing rolling blackouts for months. See an overview of Cuba's crisis here.



CVS shares close down 5% after CEO is abruptly replaced.

The healthcare giant's chief executive officer, Karen Lynch, stepped down Friday after nearly four years at the helm. She will be replaced by David Joyner, an executive vice president at CVS who has led its pharmacy-benefit manager, CVS Caremark. CVS also announced its Q3 earnings would miss expectations for a third consecutive quarter. The company's shares have fallen roughly 25% this year.



Regulators open new probe into Tesla's "Full Self-Driving" system.

The US auto safety regulator is investigating Tesla's "Full Self-Driving" software in 2.4 million vehicles after reports of four crashes in low-visibility conditions, including one that killed a pedestrian. The probe will assess the software's ability to detect and respond to reduced roadway visibility and examine any system updates that may have affected its performance in these conditions. The investigation comes amid ongoing scrutiny of Tesla's autonomous driving technology.



Virginia men's basketball coach Tony Bennett retires.

Bennett, 55, announced his immediate retirement as head coach of the University of Virginia men's basketball team after 15 seasons. Bennett led the Cavaliers to a national championship in 2019 and became the program's winningest coach with a record of 364-136. His departure comes just weeks before the 2024-25 season, despite signing a contract extension in June that would have kept him at Virginia until at least 2030.



Former Olympic snowboarder wanted for running drug cartel.

Ryan James Wedding, a former Canadian Olympic snowboarder, is accused of leading a drug trafficking organization responsible for transporting hundreds of kilograms of cocaine from Colombia to Mexico, the US, and Canada. The FBI is offering a $50K reward for information leading to his capture. Wedding faces multiple felony charges, including murder and conspiracy to distribute cocaine, as part of a broader indictment involving 16 individuals in the alleged criminal network.



North Korea reportedly sending troops to help Russia.

South Korean intelligence reports North Korea has sent at least 1,500 troops to support Russia in its war against Ukraine. If confirmed, the development would mark North Korea's first major participation in a foreign conflict since the 1950-53 Korean War. Analysts, however, question the effectiveness of North Korean troops due to outdated equipment and a lack of combat experience.


SOURCE:  1440 NEWS

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