A Maine resort town is challenging the Trump administration’s criticism of its police department after a seasonal reserve officer was arrested by Immigration and Customs Enforcement last week. The incident is putting renewed focus on the accuracy of E-Verify, the system the federal government created for employers to check if prospective employees have legal authorization to work in the United States. Federal immigration officials have asserted that the Old Orchard Beach Police Department either “knowingly” hired an unauthorized immigrant as a reserve officer or did not do enough independent verification of the man’s status. The department has said it thoroughly…
Author: CYPRUS EYE
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In a landmark step that could reshape regional trade and connectivity, Pakistan and Türkiye recently announced the establishment of a special economic zone (SEZ) in Karachi exclusively for Turkish entrepreneurs. Planned in Pakistan’s commercial capital and main port city, the SEZ can serve as a dedicated hub for Turkish companies in various sectors, including manufacturing, construction, technology and services. More than just a business enclave, it symbolizes Türkiye’s growing economic presence in South Asia and, at the same time, offers Pakistan a timely opportunity to attract foreign direct investment and industrial expertise amid its ongoing economic recovery phase. Unveiled during…
Q2 marked the ninth straight quarter of revenue and EBITDA growth for Rush Street Interactive. Rush Street Interactive posted quarterly records for EBITDA and revenue in the three months to 30 June 2025, with the operator continuing its strong momentum despite tax headwinds in Colombia. Rush Street Interactive revenue hit $269.2 million in Q2, a 22% year-on-year rise, while adjusted EBITDA increased 88% to $40.2 million from $21.4 million in the same quarter last year. Net income, meanwhile, stood at $28.8 million, an impressive improvement when considering Q2 2024 resulted in a net loss of $0.3 million. Q2 marked the…
BetMGM expects to hit a $150 million positive EBITDA this year., but the JV’s road to profitability has been challenging, and Entain and MGM have invested significant amounts. Entain and MGM Resorts’ BetMGM investments are about to pay off as BetMGM could be in a position to return cash to its parent companies this year, CFO Gary Deutsch told analysts this week. The joint venture between Entain and MGM posted strong Q2 results on Tuesday, with both betting and iGaming growth contributing to a 36% revenue jump. As a result, leadership said it is confident BetMGM will hit its full-year…
Shares of US crypto companies fell sharply on Friday amid a broader sell-off in risk assets, driven by disappointing economic data and renewed tariff threats. Shares of Coinbase (COIN), Riot Platforms (RIOT) and CleanSpark (CLSK) dropped between 7% and 16% in Friday trading. The declines mirrored broader market weakness, with the Dow Jones Industrial Average losing over 600 points, the S&P 500 falling 1.6% and the Nasdaq Composite down more than 2% in early trading. Coinbase’s losses extended a sell-off that began after hours on Thursday, following the company’s disappointing quarterly results. The crypto exchange reported $1.5 billion in revenue…
Who is the Pi Network whale? Over the past three months, a mysterious crypto wallet labeled GAS…ODM has quietly amassed 331 million Pi coins — a haul worth around $148.5 million, according to Piscan and other tracking tools. This wave of accumulation stands out because it unfolded during a steep 70% drop in Pi Coin (PI) price since May. While the wider cryptocurrency market entered a mild altcoin season, Pi lagged; yet this Pi Network whale kept buying aggressively. Analysts note that such consistent accumulation, even in a downturn, signals calculated intent rather than casual speculation, placing GAS…ODM firmly among the…
A relative of four people found dead in Tennessee this week described her family as heartbroken and confused, saying Thursday on Facebook that the suspect has “literally been nothing short of amazing to us and our kids.” The statement, written by a woman who identified herself as the sister-in-law and aunt of three victims, was posted after the Tennessee Bureau of Investigation identified the suspect as Austin Robert Drummond, 28. Drummond, who is wanted on charges of first-degree murder, aggravated kidnapping and firearms offenses, remains at large and should be considered armed and dangerous, the agency said in a news…
Immigration and Customs Enforcement is newly flush with billions from the “One Big Beautiful Bill” spending legislation and under pressure to rapidly hire 10,000 new agents. But one tactic it recently tried to do that hiring — aggressively recruiting new agents from some of its most trusted local law enforcement partners — may have alienated some of the leaders it needs to help execute what the Trump administration wants to be the largest mass deportation in U.S. history. “We’re their force multipliers, and this is the thanks we get for helping them do their job?” Polk County, Florida, Sheriff Grady…
Thirty years after the signing of the Dayton Peace Agreement, which formally ended the 1992-1995 war, Bosnia-Herzegovina is once again in the international spotlight. But this time, the threat is not open violence. It is a subtle, calculated assault carried out through geopolitical narratives, foreign lobbying campaigns and the strategic manipulation of history in international media and politics. The country’s sovereignty, identity and European future are increasingly under pressure, not only from internal political forces but also from actors in Washington, Moscow, Belgrade, Zagreb and Brussels. Planned campaigns Bosnia-Herzegovina’s current political structure was shaped by war. The 1995 Dayton Agreement…
The 1.6 million barrel per day Kirkuk-Ceyhan pipeline has been offline since 2023, when the International Court of Arbitration ruled that Türkiye breached the contract by directly trading oil with Iraq’s Kurdish Regional Government (KRG) beginning in 2013 and asked Ankara to pay $1.4 billion (TL 56 billion) in damages for allegedly facilitating unauthorized Iraqi oil exports between 2014 and 2018. The court also awarded nearly $600 million to Türkiye because of the low capacity of the pipeline and unpaid transportation fees. Overall, Türkiye appealed the decision. It’s worth noting that Ankara wouldn’t incur any financial losses because the deal…