San Francisco-area estate sells for $70m in sign of AI-fueled wealth explosion

San Francisco-area estate sells for $70m in sign of AI-fueled wealth explosion

The Guardian

New owner is said to be involved in AI industry, as new class of multimillionaires is entering the real estate raceA luxury Lake Como-inspired estate in the San Francisco Bay Area has sold to a buyer “in the AI world” for a record $70m, in the latest sign of a new tech wealth boom that’s pushing home prices to extraordinary heights in the regionThe property south of San Francisco not only becomes ...

Desperate search for earthquake survivors

Desperate search for earthquake survivors

NBC News

In Colombia, rescuers hold out hope that they can still find more survivors in the rubble following a powerful earthquake that rocked the country. NBC News’ George Solis is on the ground, where search crews are working through the night.

Nurses fainting in ‘inhumane’ conditions due to extreme heat, union warns

Nurses fainting in ‘inhumane’ conditions due to extreme heat, union warns

The Guardian

RCN calls for more air conditioners as Burnham faces pressure to recognise urgency of adaptation to climate crisisNurses are collapsing during shifts amid “inhumane and impossible” conditions caused by extreme heat, their union has warned, as Andy Burnham promised to grapple with “the bigger questions” of climate adaptation.Amid growing pressure from Labour backbenches to fully acknowledge the urg...

Can Berkshire Hathaway without Warren Buffett remain a ‘north star’ for China’s investors?

Can Berkshire Hathaway without Warren Buffett remain a ‘north star’ for China’s investors?

SCMP

For decades, thousands of Chinese investors made pilgrimages each spring to Omaha, in the central US state of Nebraska, treating Warren Buffett’s shareholder meetings for investment firm Berkshire Hathaway less as corporate briefings than as audiences with an oracle. Buffett’s retirement as CEO, effective January 1, ended a 60-year run at the helm of the global conglomerate. Though he remains chai...

US charges 11 over sham marriages involving Chinese nationals and American soldiers

US charges 11 over sham marriages involving Chinese nationals and American soldiers

SCMP

US prosecutors have charged 11 people over an alleged decade-long network that arranged more than 1,000 sham marriages, primarily for Chinese nationals seeking green cards, including matches with at least 14 active-duty American soldiers. About 11 of the soldiers, who were stationed at a US Army base in Kentucky, were paired with Chinese citizens between May 2023 and August 2025, according to a 21...

Australia politics live: Andrew Bragg says low-income earners should accept they will live in substandard housing; Rio Tinto given $2.5bn bailout

Australia politics live: Andrew Bragg says low-income earners should accept they will live in substandard housing; Rio Tinto given $2.5bn bailout

The Guardian

Shadow housing minister defends speech after criticism move would lock disadvantaged into skyrocketing power bills. Follow today’s news liveGet our breaking news email, free app or daily news podcastLegislation forcing tech companies to pay for Australian journalism to be introducedThe government will today introduce its legislation forcing tech companies to pay for journalism in Australia after m...

Minnesota man killed his wife and child before dying by suicide, police say

Minnesota man killed his wife and child before dying by suicide, police say

The Guardian

Police said they believed deceased man was assailant in domestic-related homicide at daycare centerA man killed a woman and their child inside a small in-home daycare center they own in Minnesota before taking his own life, police said on Wednesday.Hopkins police department said in statement they responded to a report of a stabbing at the residence on the 200 block of Tyler Avenue North around 9am...

Pay with a glance at a screen as biometric technology company begins push into Australian retail

Pay with a glance at a screen as biometric technology company begins push into Australian retail

The Guardian

Customers will be able to pay using face and palm scans, potentially speeding up transactions – but rollout of the technology is likely to be slowGet our breaking news email, free app or daily news podcastThe company behind 300,000 Eftpos terminals across Australia is hoping shoppers will want to make payments by simply glancing at a screen, as biometric technology pushes further into retailing.Ve...

8/12: CBS Evening News

CBS News

Heavy rain triggers flash flood emergencies; two killed in military helicopter crash.

US army helicopter crashes in Texas, killing two people and sparking wildfire

US army helicopter crashes in Texas, killing two people and sparking wildfire

The Guardian

Military official says AH-64 Apache had been on a routine training flight near Fort Hood when it went downAn army Apache helicopter crashed in a central Texas field on Wednesday, killing both people on board and sparking a wildfire that forced several homes to be evacuated, a sheriff’s official said.Officials from nearby Fort Hood announced that the AH-64 Apache helicopter had crashed. Cliff Colem...

Ignore the doomsdayers – property investing in Australia is far from broken

Ignore the doomsdayers – property investing in Australia is far from broken

The Guardian

Investor loan applications may have fallen since the start of the year, but the slump already appears to be turning aroundGet our breaking news email, free app or daily news podcastIgnore the doomsday warnings about the government’s tax changes – property investing in Australia is a little bruised, but it’s far from broken.The country’s biggest mortgage lender, Commonwealth Bank, reported a bumper...

Oil spill from grounded tanker reaches Oman’s mainland beaches

Oil spill from grounded tanker reaches Oman’s mainland beaches

France 24

Oman’s Environment Authority said Wednesday that oil leaking from a tanker grounded off the country’s coast had reached mainland beaches. The spill threatened marine habitats and a nearby protected area as strong winds and monsoon currents spread the oil, raising fears it could reach other islands.

China offers Colombia quake relief as new president’s US pivot leaves Beijing waiting

China offers Colombia quake relief as new president’s US pivot leaves Beijing waiting

SCMP

China said on Wednesday it would help Colombia recover from the magnitude 7.4 earthquake that struck the country’s west on Monday, killing more than 200 people. Foreign ministry spokesman Guo Jiakun said Beijing would do what it could in suitable ways, in line with what Colombia requested, in response to questions from Xinhua and Telesur at a briefing in Beijing. Guo said no Chinese nationals had ...

It must have been love, but it’s over now: sex toy placed in trash bin triggers DC bomb squad

It must have been love, but it’s over now: sex toy placed in trash bin triggers DC bomb squad

The Guardian

After person is spotted disposing of suspicious device, police with K-9 unit halt major roadway for two hoursA stretch of a major Washington DC roadway was brought to a standstill during Wednesday morning’s rush hour after the city’s bomb squad responded to a suspicious device – only for police to later identify the object as a sex toy.The situation unfolded at about 7 am as many commuters were on...

Singapore and South Korea eye science opportunities as last main US-China link shatters

Singapore and South Korea eye science opportunities as last main US-China link shatters

SCMP

As President Xi Jinping prepares for summit talks with Donald Trump in Washington next month, the United States is closing one of the few remaining openings between the two countries by targeting scientific research. This field has been one of the most durable links in the US-China relationship, but a series of new security-related restrictions on federally funded collaborations with Chinese insti...

Trump's White House spokesperson Karoline Leavitt to leave role

Trump's White House spokesperson Karoline Leavitt to leave role

France 24

White House press secretary Karoline Leavitt will leave her role at the end of the month, US President Donald Trump said on Wednesday, ending the tenure of one of his most prominent and trusted advisers as the administration heads towards November's midterm elections.