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Fri, Oct 11, 2024 09:17 PM All times are UTC

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TD Bank Pleads Guilty to Money Laundering, Faces $3 Billion Penalty and Asset Cap

Oct 11, 2024 12:24 pm UTC| Business Law

TD Bank has admitted to violating U.S. anti-money laundering laws, pleading guilty to conspiring to launder money and failing to file accurate reports. The bank will pay $3 billion in penalties and face an asset cap,...

Stellantis Files Federal Lawsuit Against UAW Over Strike Threats Amid Investment Dispute

Oct 06, 2024 11:31 am UTC| Business Law

Stellantis, the parent company of Chrysler, has filed a federal lawsuit against the United Auto Workers (UAW), alleging the union violated its contract by threatening a strike. The lawsuit follows UAWs vote to authorize a...

Is your car a threat to national security? It can be – regardless of where it’s made

Oct 03, 2024 00:04 am UTC| Insights & Views Law

In April, US lawmakers urged President Joe Biden to ban Chinese-built electric vehicles (EVs), labelling them an existential threat to the American auto industry. The proposed ban arose from concerns that Chinese car...

OpenAI May Avoid California Incorporation Amid Stricter AI Data Disclosure Law

Sep 30, 2024 14:52 pm UTC| Law Technology

Californias new AI Training Data Transparency Bill, signed into law by Governor Gavin Newsom, could hinder OpenAIs commercial plans. The legislation mandates detailed disclosures of datasets used in AI model development,...

Flipkart Sellers Sue India’s Antitrust Watchdog Over Unfair Competition Law Probe

Sep 29, 2024 17:00 pm UTC| Business Law Economy

Three Flipkart sellers have filed a lawsuit against Indias antitrust regulator, accusing it of conducting an opaque and unfair investigation into competition law violations. The legal challenge aims to halt the Competition...

Ketamine: what you need to know about the UK’s growing drug problem

Sep 29, 2024 10:19 am UTC| Insights & Views Law Health

There is growing awareness of the problems caused by the use of a fast-acting drug called ketamine. Often referred to as K or ket, it was made a class B drug in the UK in 2014 and is illegal to buy or sell. Possessing the...

Eric Adams indictment: How campaign finance violations often grow into dramatic scandals

Sep 29, 2024 10:16 am UTC| Insights & Views Politics Law

New York City Mayor Eric Adams has been charged with bribery and fraud following a spiraling federal investigation into his administration. Among other accusations, federal prosecutors alleged in their September 2024...

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Economy

Activist Investor Starboard Value Presses Pfizer's Board Amid Corporate Tensions

The ongoing corporate battle between Pfizer and activist investment firm Starboard Value escalated on Thursday when Starboard pushed Pfizers board to investigate alleged coercive actions. This follows the unexpected...

Lufthansa’s Strategic Investment in ITA Airways: The Role of Rome Fiumicino Airport Expansion

Lufthansas Strategic Turnaround with ITA Airways: Key Role of Rome Fiumicino Airport Expansion Lufthansas highly anticipated transformation of ITA Airways, a crucial part of reviving the German airlines global standing,...

Asian Currencies Show Slight Gains Amid Dollar Decline and Fed Interest Rate Speculations

Asian currencies experienced modest gains on Friday as the U.S. dollar pulled back from near two-month highs. The dollars decline followed stronger-than-expected U.S. consumer inflation data, which strengthened...

Japan’s Core Inflation Likely Eased in September as Exports Slowed - Latest CPI and Trade Data

Japans Core Consumer Inflation Likely Eased in September Amid Slowing Export Growth Japans core consumer inflation rate likely eased in September due to a decline in energy costs, which was helped by government...

Global Markets Outlook: Caution Ahead of Key Economic Data and Geopolitical Tensions

Fridays market session saw a cautious mood settle in, with investors bracing for key economic data and potential geopolitical turbulence over the weekend. The global markets are poised for significant developments,...

Politics

Pennsylvania to Decide 2024 Election! ‘85% Chance for President!’ Experts Say Keystone State Holds Donald Trump and Kamala Harris’s Fate

With the 2024 presidential election fast approaching, political analysts and pollsters are sounding the alarm: Pennsylvania is the key battleground state that will likely determine the next president of the United States....

'Pouty' Donald Trump Cancels ‘60 Minutes’ Interview, Calls for CBS to ‘Lose Its License’ Over Kamala Harris ‘Fraud’

Donald Trump, the Republican presidential candidate notorious for stirring controversy, has once again made headlines after canceling a scheduled interview with 60 Minutes and calling for CBS to lose its broadcast license....

Whoopi Goldberg Fires Back: ‘How Dumb Are You?’ Donald Trump’s ‘Stupid View’ Remarks Ignite Explosive Feud on National TV

Whoopi Goldberg didnt hold back on Thursdays episode of The View after former President Donald Trump called the talk show stupid and labeled her as really dumb. The explosive exchange between the two personalities has sent...

Racism Soars: ‘South Asians Are Under Attack!’ Alarming Rise in Hate Linked to Kamala Harris and Usha Vance’s Success

Racism against South Asians has skyrocketed over the past year, with online hate and threats of violence doubling as Vice President Kamala Harris and Usha Vance, the wife of Republican vice presidential candidate Sen. JD...

Kamala Harris and Donald Trump Locked in a ‘Dead Heat’! Swing States Show Shocking Poll Numbers: ‘Too Close to Call'

With less than a month to go before Election Day, the race between Vice President Kamala Harris and former President Donald Trump has tightened to a virtual dead heat in key swing states, according to a new poll from The...

Science

SpaceX Gears Up for Starship Flight 5 Launch, With Key Preparations Underway in Texas

SpaceX is finalizing preparations for Starship Flight 5, scheduled for October 13. Teams were seen installing the flight termination system, a key pre-launch step, indicating imminent launch activity. Local authorities in...

SpaceX Prepares for Starship Flight 5, Tower Catch Planned After Successful Tank Tests

After successful tank tests, SpaceX is gearing up for Starship Flight 5 in Texas. The company confirmed plans for the first-ever Super Heavy booster tower catch, pending regulatory approval. The flight marks a key...

SpaceX Activates Starlink Texting for T-Mobile in Florida as Hurricane Milton Approaches

SpaceX has activated Starlink texting for T-Mobile customers in Florida ahead of Hurricane Milton. This service allows users to send messages, including emergency texts to 911, using Starlinks satellite network, ensuring...

SpaceX Prepares to Launch NASA’s Europa Clipper Mission to Jupiter’s Moon Next Week

SpaceX is gearing up for the much-anticipated launch of NASAs Europa Clipper mission to Jupiters moon, Europa, next week. After overcoming recent Falcon 9 setbacks, SpaceX has encapsulated the satellite within the Falcon...

Europe Pushes Back Against SpaceX's Efforts to Expand Starlink Direct-to-Cell Operations

European mobile network operators are opposing SpaceXs initiative to expand Starlink Direct-to-Cell services, urging the U.S. Federal Communications Commission (FCC) to reject SpaceXs request to operate beyond standard...

Technology

Dogecoin Steamrolls SHIB and PEPE as Whales Drive the Meme Coin to New Heights

Dogecoin has skyrocketed in the meme coin universe, leading the pack with 110,000 short-term traders this week, blowing past rivals SHIB and PEPE, per data from IntoTheBlock. DOGE Surges Ahead in Meme Coin...

Bitcoin Fights for $60,000 Survival: Traders Warn of Looming $53,000 Slide

Bitcoin is locked in a fight to maintain its $60,000 support level as traders predict a slide to $53,000. Bearish momentum grows as resistance at $65,000 stalls any potential price recovery. Bitcoin Faces Decline Amid...

Tesla's 'We, Robot' Event Showcases Cybercab, Robovan, and Updates on Optimus and Model 2

Teslas 2024 We, Robot event revealed exciting advancements, including the debut of the Cybercab and Robovan, along with updates on the Optimus humanoid robot and the highly anticipated Model 2. Elon Musk also discussed...

Morgan Stanley Explains NVIDIA’s Blackwell GPU Bottleneck, Predicts Strong Production Ramp-Up

Morgan Stanley provided new insights into NVIDIAs recent Blackwell GPU production bottleneck, citing a minor design flaw as the cause. The issue, related to a photomask defect, has been resolved. The bank remains...

Bitcoin's $100K Surge Unstoppable Despite US Election Turmoil, Predicts Crypto Expert Tapiero

Dan Tapiero, founder of 10T Holdings, predicted that Bitcoins price will hit $100,000 regardless of the outcome of the upcoming US presidential election, signaling continued confidence in the cryptocurrency markets upward...