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Two men arrested in connection with Harvard explosion

admin - Latest News - November 4, 2025
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Police have arrested two men in connection with an explosion at a Harvard medical school building. Logan David Patterson, 18, and Dominick Frank Cardoza, 20, were charged with conspiracy to damage a building receiving federal financial assistance. The two men allegedly used Roman candle fireworks before setting off the “intentional” explosion on the floor that houses offices and labs associated with the school’s Department of Neurobiology.  



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Nov. 4, 2025, 2:48 PM ESTBy Steve KopackThe global stock rally hit a wall Tuesday, dragged lower by artificial intelligence and tech companies.The S&P 500 was down more than 1% and the Nasdaq declined 1.7% by the middle of Tuesday afternoon. With less than two hours left in the trading day, the Russell 2000, which tracks smaller companies, had tumbled 1.4%. Gold, a traditional safe haven for investors when markets are volatile or uncertain, had also dipped about 1.5%.Within the S&P 500, technology was the worst performing sector.The largest publicly-traded company in the world, Nvidia, dropped about 3.2%. With a market value of more than $4.85 trillion, Nvidia’s slide wiped more than $160 billion from the company’s market value.Crypto also faced steep losses, with bitcoin plunging below $100,000 for the first time since June. The digital currency was down more than 7% as investors fled riskier assets like digital currencies.International markets traced a similar path as benchmark indexes in Germany and France both fell nearly 1% on Tuesday. Asia Pacific markets also slid, with Australia and Hong Kong stock indexes falling around 1% during Tuesday trading. Stocks in Japan fell nearly 1.8%.Earnings from defense darling Palantir appear to have helped trigger jitters among traders. The company’s shares, which have soared by more than 160% this year, tumbled by more than 8% despite beating Wall Street’s earnings and revenue expectations.Michael Burry, known as “The Big Short” and who rose to fame over a bet against America’s housing market in 2008, also disclosed large bets against Nvidia and Palantir on Monday night.Comments made overnight by the CEOs of two major investment banks also drew the attention of traders.Goldman Sachs’ David Solomon and Morgan Stanley’s Ted Pick warned that stocks could be poised for a pullback. “We should welcome the possibility that there would be drawdowns, 10% to 15%, that are not driven by some sort of macro cliff effect,” Pick said at Hong Kong’s Global Financial Leaders Summit.Goldman Sachs CEO David Solomon speaks Tuesday at the Global Financial Leaders’ Investment Summit in Hong KongLam Yik / Bloomberg via Getty ImagesSolomon, speaking at the same conference, said “there are things that will change sentiment and will create drawdowns, or change the perspective on the growth trajectory, and none of us are smart enough to see them until they actually occur.”But fears over stratospheric AI valuations have been the talk of Wall Street for most of the year. As those stocks continue to soar in value, they represent ever more of the value and momentum of key indexes like the S&P 500. “AI related stocks have accounted for 75% of S&P 500 returns, 80% of earnings growth and 90% of capital spending growth since ChatGPT launched in November 2022,” a recent analysis from JPMorgan Asset Management found.“​​The Magnificent 7 comprise over 30% of the S&P 500 — a level of concentration exceeding even that of the dot-com bubble,” Erwan Jacob, macro analyst with LSEG wrote in a note Tuesday. The “magnificent 7” companies are Apple, Amazon, Alphabet, Microsoft, Nvidia, Meta Platforms and Tesla.“It remains unclear whether such expenditures will be met with corresponding revenues,” Jacob noted.Still, this year the S&P 500 is up more than 16% overall, while the Nasdaq Composite, which more closely tracks the biggest tech firms, remains in the green by 24%.Yet experts say that a pullback is not always cause for concern.“On average, the [S&P 500] experiences three drawdowns of between 5% and 10% each year,” Jeff Buchbinder, chief market strategist at LPL Financial, wrote during a short sell off in August 2024. “Corrections of 10–20% are also quite common, having occurred once per year on average.”Meanwhile, the dollar index, a measure of the strength of the U.S. dollar against a basket of foreign currencies such as the yen, pound sterling, and euro, was slightly higher, rising to its best level in about three months.Steve KopackSteve Kopack is a senior reporter at NBC News covering business and the economy.
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Oct. 2, 2025, 7:27 PM EDTBy Phil Helsel, Chloe Melas and Adam ReissSean “Diddy” Combs apologized and expressed “how sincerely sorry I am for all of the hurt and pain that I have caused” in a letter Thursday to the judge set to sentence the disgraced hip-hop mogul on two prostitution-related convictions Friday.”I lost my way. I got lost in my journey. Lost in the drugs and the excess. My downfall was rooted in my selfishness,” Combs wrote in the letter to U.S. District Court Judge Arun Subramanian.The letter was dated Thursday, a day before Combs is to be sentenced in a Manhattan courtroom on two counts of transportation to engage in prostitution.Combs was acquitted of the most serious counts, one count of racketeering conspiracy and two counts of sex trafficking by force, fraud or coercion.He faces up to 20 years in prison, 10 years on each count on which he was convicted.The letter marks the first time that Combs has addressed the judge in any meaningful way. During his eight-week federal trial, Combs did not testify and gave brief answers in response to questions from the judge.Prosecutors want Diddy sentenced to 11 years, while defense asks for 14 months01:06Federal prosecutors had accused Combs of orchestrating a decade-spanning “criminal enterprise” and forcing women to participate in marathon, drug-dazed sexual encounters with male escorts, known as “freak-offs.”Combs’ former girlfriend Casandra Ventura testified that she was controlled and coerced to participate in the sex acts against her will. Hotel video showed Combs beating Ventura and dragging her in 2016.His defense has insisted that the prosecution’s key witnesses — including Ventura and a woman identified by the pseudonym “Jane” — willingly participated in the “freak-offs.”Combs is expected to speak at Friday’s sentencing hearing, which is scheduled to begin at 9:30 a.m. and last for several hours.Prosecutors are seeking 11 years and three months in prison. Combs’ attorneys are asking for 14 months in prison.In the letter to Subramanian, Combs asked for mercy, saying he has “been humbled and broken to my core.” He recounted the conditions at the Metropolitan Detention Center in Brooklyn, where he has been held for a little over a year, and wrote that he never wants to appear in a criminal courtroom again.”Over the past year there have been so many times that I wanted to give up. There have been some days I thought I would be better off dead. The old me died in jail and a new version of me was reborn,” Combs wrote.In his letter, Combs said he takes full responsibility for the abuse of Ventura, an R&B singer known as Cassie, and his other conduct.”The scene and images of me assaulting Cassie play over and over in my head daily. I literally lost my mind. I was dead wrong for putting my hands on the woman that I loved. I’m sorry for that and always will be,” Combs wrote.Ventura has said in a letter to the judge that she is scared for her safety. She wrote in a letter to Subramanian filed Tuesday that her experience was “the most traumatic and horrifying chapter in my life.””His defense attorneys claim he is a changed man, and he wants to mentor abusers. I know firsthand what real mentorship means, and this disgusts me; he is not being truthful,” Ventura wrote in the victim impact statement.”I know that who he was to me — the manipulator, the aggressor, the abuser, the trafficker — is who he is as a human,” she wrote. “He has no interest in changing or becoming better. He will always be the same cruel, power-hungry, manipulative man that he is.”Subramanian rejected an effort by Combs’ attorneys Tuesday to toss out the two criminal counts on which he was convicted. Phil HelselPhil Helsel is a reporter for NBC News.Chloe MelasChloe Melas is an entertainment correspondent for NBC News. Adam ReissAdam Reiss is a reporter and producer for NBC and MSNBC.
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