July Fourth event shooting causes panic in Philadelphia

First tropical storm forms off Mexico's Pacific coast

PHILADELPHIA — Scores of people watching a Fourth of July fireworks show in Philadelphia ran for cover when gunshots rang out, forcing them to leave behind strollers and other personal items as they sought refuge from what many feared was an active shooter. Two Philadelphia police officers working at the event suffered graze wounds when … Read more

Coinbase lays off 18% as execs prepare for recession, ‘crypto winter’

Coinbase lays off 18% as execs prepare for recession, 'crypto winter'

Coinbase is laying off almost a fifth of its workforce amid a collapse in its stock and crypto prices. The cryptocurrency exchange will cut 18% of full-time jobs, according to an email sent to employees Tuesday morning. Coinbase has roughly 5,000 full-time workers, translating to a head count reduction of around 1,100 people. Shares of … Read more