Kroger CEO Vows Legal Fight for Albertsons Deal If Necessary
Kroger Co. said it’s committed to hunkering down for a long legal battle if US regulators attempt to
2023-05-11 06:27
Google to Revamp Search With Generative AI Tools, But Gradually
For months, Google has been under pressure to reinvent its core search business and respond to the rise
2023-05-11 06:24
Bitcoin Miner Marathon Receives Another Subpoena from SEC
Bitcoin miner Marathon Digital Holdings said it received another subpoena from the US Securities and Exchange Commission related
2023-05-11 06:21
Icahn Enterprises Shares Fall After US Attorney’s Office Requests Information
Investors wiped as much as $2.3 billion off the market value of Carl Icahn’s investment firm Wednesday after
2023-05-11 05:59
Disney CEO on Florida Fight: ‘Does the State Want Us to Invest?’
Walt Disney Co. Chief Executive Officer Bob Iger once again had sharp words for Florida Governor Ron DeSantis
2023-05-11 05:47
Pine Valley Golf Club Pays $100,000 to Settle NJ Suit Over Excluding Women
Pine Valley Golf Club has settled a gender-bias lawsuit with New Jersey, which alleged the 109-year-old club had
2023-05-11 05:45
Global Finance Chiefs to Plot Escape Routes for World Economy
A summer laced with economic strains looms for the world’s richest economies. In the US, President Joe Biden
2023-05-11 05:26
Topgolf Sinks Most Since 2020 on Concern Golf Boom Is Fading
Topgolf Callaway Brands Corp. tumbled by the most since October 2020 on Wednesday after the company cut its
2023-05-11 04:47
George Santos calls federal charges a ‘witch hunt’ and refuses to resign following arrest
George Santos described criminal charges against him as a “witch hunt” in a defiant press conference following his arrest on Wednesday. The New York congressman spoke outside a federal courthouse after being arraigned on charges of fraud, theft of public funds and money laundering. “It’s a witch hunt,” he told a crowd of reporters. “I’m gonna fight my battle, I’m gonna deliver, I’m gonna fight the witch hunt, I’m gonna take care of clearing my name,” he said, adding that he was planning to run for reelection. The 34-year-old congressman for New York’s third district, who won his election after a campaign that was littered with lies about his past, was arrested shortly after 9am after turning himself in to authorities. In the 13-count indictment, federal prosecutors accused Mr Santos of lying on financial disclosure forms he filed to the House when he became a candidate, first by overstating his income from one job and failing to disclose income from another, and secondly by lying about his earnings from his company, the Devolder Organization. Prosecutors also allege that Mr Santos fraudulently used donations to his political campaign for his own benefit, spending “thousands of dollars of the solicited funds on personal expenses, including luxury designer clothing and credit card payments.” The indictment alleges that Mr Santos’s fraud began before his successful run for Congress, accusing him of running an unemployment insurance fraud scheme in which he applied for government assistance in New York while still employed by a Florida-based investment firm. “Taken together, the allegations in the indictment charge Santos with relying on repeated dishonesty and deception to ascend to the halls of Congress and enrich himself,” Breon Peace, the US attorney for the Eastern District of New York, said in a statement. Mr Santos pleaded not guilty to the charges and was released on a $500,000 bond following his arraignment, which lasted for around 15 minutes. His lawyer said that the congressman surrendered his passport to the court. Mr Santos could face up to 20 years in prison if convicted. Read More Here are the 13 counts New York Rep. George Santos faces George Santos pleads not guilty to duping donors, stealing campaign cash to burnish wealthy image George Santos pleads not guilty to 13 charges – live
2023-05-11 03:49
3 companies to pay $615,000 in NY attorney general investigation over faked net neutrality comments
New York’s attorney general says three companies accused of falsifying millions of public comments to support the contentious 2017 federal repeal of net neutrality rules have agreed to pay $615,000 in penalties to New York and other states
2023-05-11 02:59
George Santos Pleads Not Guilty, Is Released on $500,000 Bond
George Santos was released on a $500,000 bond after he was arrested and charged with fraud and money
2023-05-11 02:57
Google Shows Off Latest AI Tools: Updates From I/O Event
Google unveiled an experimental way to search the internet that gives more conversational results, and said its artificial
2023-05-11 02:48