Daily News Digest

Thursday, November 12, 2026 · 12 stories

12 stories ready
1Financecryptoslate.com

BitMine posts $2.8B quarterly profit driven by Ethereum gains, but yearly net loss surpasses $6B

BitMine posted a $2.8B quarterly profit for the three months ended Aug. 31, driven by unrealized gains on its digital assets. However, the profitable final quarter left a $6.3 billion full-year net loss, separating the earnings rebound from operating cash generation. The annual accounts filed on Nov. 10, compared with the nine-month statements through May, make the final-quarter result measurable for the first time. CryptoSlate calculated the June-August figures by subtracting the cumulative nine-months amounts from the full-time totals. BitMine reported a full-season net loss of $63 billion, against a $9.1 billion loss for the initial nine months. Despite the profit, operating activities still used cash.

2Technewsable.asianetnews.com

Nvidia Shares Drop as Board Weighs Removing CEO Jensen Huang Amid Scandal

Nvidia shares fell over 8% after reports surfaced that the board of directors is planning to remove CEO Jensen Huang from the company due to an investigation into his personal relationships and potential security implications involving foreign intelligence. The move comes amid scrutiny over Huang's alleged relationships with two women, including Alice Huang, a Chinese business executive suspected of having links to China's Ministry of State Security. The shares fell more than 8% in after-hours trading, wiping out over $450 billion from Nvidia's market value since the company announced an investigation on November 8. The Trump administration is reportedly aware of the board's plans. The controversy has raised questions about the company's code of conduct, which warns employees against personal relationships that could create conflicts of interest. Huang's departure could pose a major challenge for the company as there is no obvious successor to replace him.

3Worldnewsfinale.com

New York City Building Collapse Leaves at Least 2 Dead and 17 Injured

A three-story building collapsed in New York City, leaving at least two people dead and 17 injured, including seven children, including four people in critical condition. The collapse occurred in Brooklyn's Flatbush neighborhood, where emergency crews continued searching for potential survivors. The FDNY confirmed that 19 patients were treated, including the two fatalities. The building fell into an adjacent property that was an active construction site. Over 250 fire and emergency medical personnel responded to the scene, with FDNY Chief of Department John Esposito warning that the site remains vulnerable to another collapse. The Department of Buildings was assisting with recovery operations and conducting structural stability inspections of nearby buildings.

4Financezawya.com

Dollar near one-month high as yen edges toward 160

The dollar index rose 0.63% to 102.85, its highest level since October 14, supported by growing expectations of a Federal Reserve rate hike. The yen also edged toward the psychologically important 160-per-dollar level. Traders increased bets on further Fed tightening following stronger-than-expected October inflation data and hawkish remarks from US central bank officials. Some major brokerages, including Goldman Sachs, now expect another hike early next year and another in addition to one in December. New York Fed President John Williams is set to appear on a panel late Thursday regarding his views that the Fed had time on rate hikes. The dollar also softened against the Japanese yen by 0.12%.

5Businesszawya.com

Mas Engineering wins contract to build 135,000-sq-m Riyadh complex

Mas Engineering & Construction, a leading EPC contractor based in Dammam, Saudi Arabia, has secured a contract from Al Ajlan Real Estate to develop the Lemar Commercial Complex, a 135,000-sq-m mixed-use project in Riyadh. The development will include a 22-storey five-star hotel with 345 rooms, 10 office buildings, and over 50 retail units. The project will expand Mas Engineering's portfolio of hospitality and commercial developments.

6Techeuropesays.com

Son arrested in murder of Maryland cybersecurity founder Juanita Koilpillai - The States

The son of Anne Arundel County cybersecurity executive Juanita Koilpillai, Andrew Beavers, has been arrested for her murder. Koil Pillai was found dead outside her home in Tracys Landing, Maryland, on July 25 with multiple sharp force wounds and a vehicle was missing from the residence. Beavers was charged with first and second-degree murder and police ruled the incident as a homicide. Kilpillai was remembered as a brilliant technologist who founded multiple startups over a 30-year career and served as a member of FEMA’s Enterprise Security Management Team and contributor to the National Institute of Standards and Technology. Her company, Waverley Labs, launched a spinout called Resiliant in June, specializing in software-defined perimeters.

7Environmentzawya.com

KAUST launches large-scale coral restoration facility on Red Sea

King Abdullah University of Science and Technology (KAUST) in Saudi Arabia has launched a large-scale coral restoration facility on the Red Sea coast, designed to produce up to 360,000 corals annually. The KAUST Coral Restoration Initiative (KCRI) land-based nursery and research campus is now growing corals at scale to support more than two million corals across 100 hectares of reef at Shushah Island by 2030 and establish a resilient reef ecosystem by 2040. The opening of the facility comes at a time of acute urgency for the world's reefs following the fourth global coral bleaching event, which affected over 84% of the world’s reef area between 2023 and 2025. The Red Sea is the ideal location for the restoration, as its corals live in some of the warmest, saltiest waters on Earth and hold lessons about resilience. The KCRI combines the Red sea’S unique corals with the University’�s marine science expertise to learn how corals can be grown at scale and conditioned to withstand warmer water before returning to the reef. Saudi scientists, divers and aquarists are contributing to the restoration efforts.

8Sportsmiscw.com

No Sidelines at the Women's Emerging Nations Trophy 2026

The second edition of the Women's Emerging Nations Trophy, set to run from 12 November to 25 November in the UAE, packs 30 T20 matches into 14 days. The ICC has released the complete match schedule, which is being treated as live event coverage rather than a highlight reel afterthought. The tournament, which began as an eight-team ICC event after the Women’s World Cup in India, aims to promote and expand women’�s cricket globally. The 2026 edition is bigger with ten teams and thirty T20s. Ireland's aim is to finish in the top three in Group A, avoiding a dead rubber while still needing every result. The calendar is also taking players like Chamari Athapaththu and Marufa away from the WBBL due to commitments and injuries.

9Environmentindependent.co.uk

5 years of fighting climate change haven't done much and stronger targets are needed, report says

The world has failed to slow or halt global warming trends in the past five years, according to a report by the independent Climate Action Tracker. The report stated that plans were not realized and efforts that would have helped significantly reduce global emissions were also canceled out. The assessment came during a U.N. climate meeting in Antalya, Turkey, where more government leaders were due to speak about the state of a warming world. The Climate Action Tracking stated that the first five years after the 2015 Paris Agreement, the world had successfully trimmed an entire degree Celsius (1.8 degrees Fahrenheit) from warming projections, but nothing has changed since. The world is now "headed toward an irrecoverable overshoot of 1.5 degrees Celsius" above pre-industrial temperatures, which is the warming threshold adopted during the Paris Agreement. If all nations fulfill all their climate promises, the globe will end the century 2.6 degrees Celsius (4.7 degrees Fahrenheit), according to the report.

10Financeeuropesays.com

Oregon progressives push wealth tax and kicker changes

Oregon's progressive caucus doubled its numbers in the House and Senate in the recent election, with the Democratic party gaining even larger share of state Legislative seats. Over a dozen members of the unofficial progressive caucus are preparing to propose ambitious proposals, including ending tax incentive programs for data centers, redirecting some of Oregon’s “kicker” rebate, imposing a wealth tax on the assets of multi-millionaires to fund universal preschool and healthcare, and increasing the speed and scale of clean energy transmission and siting. The rise of the progressive caucus, largely supported by the Working Families Party, began last year. However, Sen. Mark Meek, D-Gladstone, and mod squad colleague Rep. Emerson Levy, both Democrats, said they still lack the numbers to go it alone on revenue or regulatory policy.

11Businessstockbiz.vn

A new wave of protectionism: What should businesses prepare for?

Trade protectionism is returning in diverse forms, from tariffs and anti-dumping investigations to industrial subsidies, technology controls, and environmental standards. Global Trade Alert's October 2026 report recorded 968 developments related to trade and industrial policies globally, including the US and China increasing technology controls and expanding financial support for the semiconductor, artificial intelligence and energy industries. These developments suggest that trade policy is being used as a tool to serve industrial and national strategic objectives. Protests against Chinese goods have spread across six jurisdictions. The World Trade Organization’s 2026 World Trade Report warns that the multilateral trading system is facing serious disruptions due to differences in economic models, increased government intervention in markets, geopolitical tensions and technological advances. Small and medium-sized enterprises often lack legal staff, supply chain control capabilities, and capacity to monitor policy changes in export markets. The risk of Vietnamese exports facing trade remedy investigations remains high due to changes in trade policies and Vietnam's strong export growth.

12Sportsidahopress.com

Celtics win 5th straight, overcoming 22-point deficit to beat Raptors 98-93

Boston Celtics defeated the Toronto Raptors 98-93, extending their five-game winning streak to five. Jayson Tatum scored 24 points, Derrick White had 19 points and Payton Pritchard added 14, while Neemias Queta had 11 points and 13 rebounds. The Celtics overcame a 22-point deficit to win, extending the team's 4-0 record against Atlantic Division opponents. Toronto's Ja'Kobe Walter scored 17 points and Allen Graves added a career-high 13, but the Raptors fell below.500 for the first time at 5-6. Kawhi Leonard (left knee) missed his ninth straight game but is progressing well with individual conditioning, according to coach Darko Rajakovic.

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