Officials in southwestern Michigan has announced that a nuclear power plant will be revived with a $1.5 billion loan from the Biden administration.
Legal & Regulatory
Biden Administration Revives Threatened Species Protection Rules, Undoing Trump Rollbacks
Biden restores endangered species protections, undoing Trump-era rollbacks. New rules expedite conservation efforts and prioritize species survival, despite opposition from Republicans and industry.
'Remorseless' FTX Founder Sam Bankman-Fried Sentenced to 25 Years for $8 Billion Fraud
FTX founder Sam Bankman-Fried was sentenced to 25 years for a $8 billion fraud scheme. The judge criticized his defense, and victims testified on the impact. Bankman-Fried plans to appeal.
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.
Latest News
Four fatalities and over 100 hospitalizations may have been caused by nutritional supplements from Kobayashi Pharmaceutical.
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.
