Tags: US

Archegos Founder Bill Hwang Found Guilty of Securities Fraud

Archegos Founder Bill Hwang Found Guilty of Securities Fraud

Defunct hedge fund firm Archegos Capital Management founder Bill Hwang has been found guilty of securities and market manipulation fraud which prosecutors claimed cost global investment banks billions.


Delta Air Lines Strikes Deal With Riyadh Air to Operate Flights Between US and Saudi Arabia

Delta Air Lines and startup Riyadh Air have entered into a partnership to connect the US and Saudi Arabia with regularly operated flights.

US DOJ Disrupts Russian AI-Enhanced Social Media Operation Spreading Pro-Russia Messages

The US Department of Justice has disrupted a Russian operation using fake social media accounts enhanced by artificial intelligence to propagate pro-Kremlin messages covertly in the United States and internationally.

United Boeing 757 Safely Lands After Losing Wheel On Takeoff

A United Airlines Boeing 757 lost a landing gear wheel while taking off from LAX on July 8, but safely landed in Denver with no further incident.


Latest News

Michael Jackson's Neverland Ranch Under Threat of California Wildfire
A wildfire in the mountains above Santa Barbara County's Santa Ynez Valley on July 5 appears to threaten Neverland Ranch, Michael Jackson's former estate.
$50,000 Worth of Debt Can Be Erased in 3 Years! Here’s How
Here's how to deal with debt in three years by consolidating debt in a much lower rate and easier way to pay.
Tampons Sold in US, UK, and Greece Discovered Containing Dangerous Levels of Toxic Metals
An alarming investigation has revealed that tampons contain toxic metals, including dangerous levels of arsenic, chromium, and lead, with all 16 tested metals detected in at least one product.
May Jobs Reports Show Economy Added More Jobs Than Expected, 272,000 Added During The Month
In June, the US labor market added 206,000 jobs while the unemployment rate rose to 4.1%, the highest since 2021, indicating potential underlying challenges despite positive job growth.
Baltimore Business Offers to Sell Watches Using Pieces of Collapsed Bridge
Local watchmaker Tsao Baltimore recently acquired a portion of scrap metal that was once the Francis Scott Key Bridge in an effort to keep its memory alive.
China Leads the Generative AI Patents Race, Far Surpassing the US: UN Report
China filed six times more patents for artificial intelligence (AI) technologies than United States-based inventors, according to a UN report.
[TIMELINE] How Boeing Came Under Fire by Federal Lawsuit Over Fatal Crashes
Boeing has until July 5 to decide on whether to fight or plead guilty to the lawsuit filed by the Department of Justice for its alleged violation of a 2021 agreement that shielded it from criminal charges after a string of incidents involving its planes, employees, and other business lines.
FTC’s Ban on Worker Noncompete Agreements Partially Blocked by US Judge
The FTC’s rule to ban agreements commonly signed by workers not to join their employers’ rivals or launch competing businesses has been blocked by the US District Court.
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.
John Deere Cuts 600 Jobs Across 3 Midwest Plants
John Deere said that it was planning to lay off around 600 employees across three of its Midwest factories by the end of August as it intends to focus on its operations in Mexico.
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