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somali capital

High‑Net Worth Families Bet Big on AI Startups

March 5, 2026

Family offices, the investment arms of wealthy individuals and families, are putting more money into AI companies than ever before. Even after a brief scare about an AI bubble, these investors stayed confident and poured capital into new ventures. Last month, Emerson Collective—run by Laurene Powel

business

Crypto Fund Grows Even When Markets Shrink

March 5, 2026

Andreessen Horowitz, known as a16z, is launching another crypto fund. The new pot will be worth two billion dollars and should close by mid‑2026. Earlier, the firm pulled in four and a half billion for its 2022 fund, but this time it will raise faster. This change helps the firm keep up wit

business

EU Picks New Fund Managers for €5 Billion Tech Investment

March 4, 2026

The European Union is preparing a new fund that will pour €5 billion into cutting‑edge technology companies, such as those developing quantum computers and artificial intelligence. The plan is to hand over the fund’s day‑to‑day operations to a private management firm chosen in April. The selectio

business

Target’s New CEO Sets Fresh Growth Plan

March 3, 2026

The new boss of Target, Michael Fiddelke, announced a bold strategy to revive the retailer’s fortunes. He promised a fresh focus on product quality and store layout, aiming to draw shoppers back into physical locations. To support this shift, the company will lift its capital investment by a quarter

politics

Middle East Conflict Spreads, Travelers Urged to Leave

March 3, 2026

The United States has told citizens in six Gulf countries that they must leave immediately because of growing danger. The warning comes after Washington and Israel carried out strikes against Iranian targets, sparking a wave of retaliatory attacks across the region. Embassies in Jordan, Bahrain, I

politics

Escalating Tensions: Middle East Conflict Spreads

March 3, 2026

Israel launched air attacks on major sites in Iran’s capital, prompting a swift counter‑offensive that now reaches Lebanon. The military announced the strikes and ordered ground forces to push deeper into Lebanese territory, signaling a broader regional showdown. In response, Iran fired drones an

sports

Lions Trade David Montgomery to Texans for Picks and a Center

March 3, 2026

The Detroit Lions have sent veteran running back David Montgomery to the Houston Texans. In return, they received a fourth‑round draft pick for this year, a seventh‑round pick in 2027, and center Juice Scruggs. Montgomery is 28 years old and has spent the last three seasons sharing the backfield wit

crypto

Crypto Exodus Surges as Tehran Faces Strikes

March 3, 2026

A burst of withdrawals hit Iran’s leading crypto market when the US and Israel began air attacks on Tehran. Within minutes, the Nobitex platform recorded a 700‑percent jump in crypto outflows, sending more than half a million dollars abroad. In the hour that followed, the total exceeded three millio

politics

Stamford’s Budget Talk: What the City Wants to Spend

March 3, 2026

The city of Stamford will discuss its next year’s budget on March 5th. A joint session brings together the Board of Finance and the Fiscal Committee. The meeting will happen online through Microsoft Teams at 6 p. m. , so people can join from anywhere. Mayor Caroline Simmons will explain the m

business

RHI Magnesita’s 2025 Year: Cost Cuts, New Deals and a Push for Recycling

March 3, 2026

RHI Magnesita finished 2025 with earnings that matched what investors expected, even though the market was tough. The company kept its spending tight and focused on turning around weaker parts of the business, which helped it stay profitable. Revenue fell by 3 % to €3. 4 billion, but the company sti