Legal & Regulatory

Kansas Businessman Admits Guilt in Illegally Exporting Aviation Tech to Russia

Kansas Businessman Admits Guilt in Illegally Exporting Aviation Tech to Russia

A Kansas businessman from Olathe has pleaded guilty to illegally exporting sensitive aviation technology to Russian companies, violating US sanctions.


Former CBS Anchor Jeff Vaughn Files Discrimination Lawsuit Against Network

Former CBS anchor Jeff Vaughn has filed a discrimination lawsuit against the network and its parent company, Paramount Global.

Fisker Asks Judge to Approve Sale of Ocean EVs for $14,000 Each Amid Bankruptcy

EV startup Fisker has requested a bankruptcy judge's approval to sell over 3,000 Ocean electric SUVs to American Lease for approximately $14,000 each, totaling $46.25 million.

Microsoft Agrees to $14.4M Settlement Over Retaliation and Discrimination Claims in California

Microsoft has agreed to a $14.4 million settlement following a California Civil Rights Department investigation that found the company discriminated and retaliated against employees who took parental, disability, or family care leave.


Latest News

High-Tech Yen Bills: Japan Issues First Set of New Banknotes in 20 Years With Hologram Portraits
The first new banknotes of Japan in 20 years have finally hit circulation this week. The first new banknotes of Japan in 20 years have finally hit circulation on Wednesday, July 3.
Donald Trump Sentencing for Hush Money Conviction Delayed Until September — Here's Why
Former President Donald Trump's sentencing for his conviction on hush money case has been postponed until at least September.
SEC Sues Defunct Crypto Bank Silvergate Over Alleged Bank Secrecy Act Violations
The Securities and Exchange Commission (SEC) has filed a lawsuit against Silvergate Capital Corporation over alleged violations of the Bank Secrecy Act.
Biden Administration Revokes Some Licenses for Exporting Goods to China's Huawei in 2024: Report
The Biden administration canceled eight export licenses this year that had allowed several companies to send goods to the Chinese telecom giant Huawei.
Federal Judge Blocks Mississippi Law Requiring Social Media to Restrict Access to Children
A US District Court judge blocked the Mississippi state government from enforcing a new law requiring social media users to verify their ages and restrict access by minors to sites if they lack parental permission or consent.
Australia Demands Porn Sites, Big Tech to Beef Up Child Safety Measures
The Australian eSafety Commissioner revealed that it gave the internet industry half a year to develop an enforceable code of conduct to prevent children from seeing pornographic content and other inappropriate material online.
FTC and Arise Virtual Solutions Agree to $7 Million Settlement for Misleading Gig Workers
The FTC has settled with Arise Virtual Solutions, requiring the company to pay $7 million for misleading gig workers about potential earnings and unlawfully requiring them to cover expenses.
FTC Blocks Tempur Sealy's Acquisition of Mattress Firm Over Competition Concerns
The Federal Trade Commission has voted to prevent mattress maker Tempur Sealy from acquiring retail chain Mattress Firm, citing concerns that the merger would stifle competition.
FDA Approves Eli Lilly's Alzheimer’s Drug Donanemab, Expanding US Treatment Options
The FDA has approved Eli Lilly’s Alzheimer’s drug donanemab, branded as Kisunla, for early symptomatic adults, providing a new treatment option for nearly 7 million Americans affected by the disease.
INTERNET-BANKING-SECURITY
The collapse of Synapse has left over 100,000 Americans with $265 million in deposits frozen since May 11, exposing flaws in fintech's reliance on third-party banking partnerships and prompting urgent calls for resolution from lawmakers.
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