Legal & Regulatory

Thames Water's Debt Crisis To Be Passed On To Customers With 40% Bill Hike

Thames Water, a major UK water company, grapples with £15 billion ($19.5 billion) debt. As expected £500 million ($650 million) funding falls through, and bill hikes up to 40% will be implemented instead.


Russia Suspiciously Received $20 Billion Crypto Transfers; US And UK Now Investigating

The US and UK are investigating cryptocurrency transactions exceeding $20 billion routed through a Russian-based virtual exchange, part of their strategy to combat sanctions evasion linked to Vladimir Putin's actions in Ukraine.

Hunter Biden Asks Court to Junk $1.4 Million Tax Evasion Case as Politically Motivated, But Judge Appears Skeptical

A federal judge seemed unconvinced on Hunter Biden's lawyers' arguments that his tax evasion case should be dismissed because it is politically motivated.

FTX Founder Sam Bankman-Fried Could Get Over 100 Years in Prison After Cryptocurrency Fraud Case

Sam Bankman-Fried, former CEO of FTX cryptocurrency exchange, faces potentially over 100 years in jail for fraud. Prosecutors advocate for a 40 to 50-year term, while his defense seeks a minimal 6-year sentence.


Latest News

Police authorities in Uganda are currently looking for four men accused of brutally killing a businessman.
Former crypto mogul Sam Bankman-Fried might serve decades in jail if he is sentenced Thursday for his role in the 2022 FTX collapse.
Disney and Florida Governor Ron DeSantis' camp has reached a settlement to end a lawsuit in state court over who controls the special district that includes the Walt Disney World theme parks in Orlando.
Amazon announced on Wednesday that its senior employees will not get a cash pay raise this year. Amazon revealed on Wednesday that its senior employees, whose compensation predominantly comprises stock-related awards, will not get a cash pay raise this year.
Visa and Mastercard have agreed to a $30 billion settlement that would limit credit and debit card fees for retailers.
Sega of America's gaming workers secure landmark union contract with AEGIS-CWA, featuring pay raises, job protections, and credit commitments, setting a precedent in the industry labor rights movement.
The US Securities and Exchange Commission (SEC) said Andreas "Andy" Bechtolsheim, the co-founder of Sun Microsystems and an early investor in Google, has settled insider trading charges against him that will cost him almost $1 million.
TikTok is facing another setback after the Federal Trade Commission (FTC) reportedly launched a probe into the social media platform's data and security practices.
A Chinese businessman was sentenced to death for the murder of his girlfriend two years ago in Nigeria.
The US wants to seize the former Mongolian prime minister Sukhbaatar Batbold's luxury NYC apartments bought with corruption proceeds.
  60 61 62 63 64 65 66 67 68