Legal & Regulatory

HONG KONG-CHINA-AUCTION-WATCH-EMPEROR-PUYI

Hong Kong Investors Win $2.5 Million Case Against Company That Promised to Repurchase Luxury Watches

WatchFund, led by Dominic Khoo, has been ordered by a Hong Kong court to repurchase luxury watches worth $2.5 million following breaches of contract with five investors.


American Businessman Accused of Hiring Hitman to Kill His Wife for Massive Insurance Money Admits Funneling Millions to Lover's Business

An American businessman is currently on trial in Jamaica for allegedly hiring a hitman to kill his wife to collect a massive life insurance payout.

Florida Man Sues 3 Pharmacies; Alleges Prescribed Adderall Led to Psychosis

A Florida Costco customer has filed a lawsuit against three pharmacies and their respective pharmacists, claiming that a pharmacist gave him Adderall, which put him into a psychotic state.

Biden Administration's Pending Marijuana Reclassification Could Lead to Huge Tax Cut for Cannabis Companies

Led by the US Drug Enforcement Administration (DEA), this proposed change acknowledges cannabis's medical benefits and lower abuse potential than other controlled substances.


Latest News

Joe Biden Expands Affordable Healthcare Coverage for DACA Immigrants
The administration of President Joe Biden has expanded access to affordable healthcare insurance for about 100,000 immigrants covered by DACA program.
Student Loan Payments Set to Halve for SAVE Plan Participants Starting July
According to a recent report, the Biden administration has announced the cancellation of 10% of all student debt in its latest round of actions.
IRS Issues Rare Apology to Billionaire Ken Griffin Over Data Breach Settlement
The Internal Revenue Service (IRS) announced that it has implemented measures to tackle the significant discrepancy in audit rates between different groups of taxpayers.
Amazon, Google Suspend Green Card Applications Amid Mass Layoffs in IT Departments
Amazon and Google have recently scaled back their green card applications due to the increasingly challenging process.
Ex-Donald Trump Aide Testifies He Told Her to Deny Stormy Daniels Affair, Michael Cohen Paid the Porn Star Without Telling Him
Hope Hicks, once a top aide to Donald Trump, testified on Friday that the former president instructed her to deny his sexual encounter with porn star Stormy Daniels.
Boeing Gives Alaska Airlines $61 Million in Credit Memos to Compensate for Damages Caused by MAX 9 Grounding
Alaska Air Group disclosed on Friday that it received $61 million in supplier credit memos from Boeing.
Canada Tightens Import Requirements Amid US Dairy Cattle Outbreak Over Avian Flu Virus
Canada is increasing its surveillance to detect a potentially harmful strain of avian flu amid the growing outbreak of H5N1 in US dairy cattle.
Chicago Teachers Union Urges New Contract, Including $95K Salary, 100% Abortion Coverage, and Migrant Housing Funding
Chicago Teachers Union has reached a new contract agreement with Chicago Public Schools, marking a notable departure from their strike action five years ago.
Florida Governor DeSantis Holds News Conference With Miami Beach Mayor Steven Meiner
Florida Governor Ron DeSantis has signed a bill banning the sale of lab-grown meat, citing concerns over a conspiracy theory about "global elites" pushing for its consumption.
Donald Trump Is No Longer on the Bloomberg Billionaires Index as Truth Social Stock Continues to Fall Further
The SEC charged an auditing firm linked to Trump Media with "massive fraud," resulting in over 1,500 filings being impacted and $14 million in penalties.
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