Recently, British billionaire Joe Lewis was ordered by a U.S. judge to pay a $5 million fine and serve three years of probation for sharing illegal stock tips. Lewis, the founder of the Tavistock Group, pleaded guilty to conspiracy and securities fraud. This news has shocked many, as Lewis admitted to passing inside information on
Politics
In an unexpected turn of events, two Florida brothers, Michael Shvartsman and Gerald Shvartsman, recently pleaded guilty to insider trading charges in a New York federal court. This case revolves around their purchase and sale of securities related to Digital World Acquisition Corp., the entity that merged with former President Donald Trump’s social media company.
President Joe Biden recently had a phone conversation with Chinese President Xi Jinping, signaling an attempt to navigate the strained relationship between the United States and China. This call aimed to address various concerns such as economic relations, tensions over Taiwan, cybersecurity threats, and China’s support for Russia in its Ukraine invasion. The dialogue comes
Following a two-week operation, Israeli forces have withdrawn from Al Shifa Hospital in Gaza City, leaving behind a scene of destruction and devastation. The hospital, which serves as the largest medical facility in the Gaza Strip, now lies in ruins, with buildings destroyed and bodies scattered throughout the complex. Reports have emerged of Israeli forces
The recent collapse of Baltimore’s Francis Scott Key Bridge is poised to have a far-reaching impact on the national economy, as officials emphasize the severity of the situation. According to Maryland Governor Wes Moore, this is not merely a localized disaster but rather a national economic catastrophe. The bridge served as a crucial access point
In Maryland, engineers have begun the challenging task of lifting a section of the Francis Scott Key Bridge out of the waterway in Baltimore. This marks the first step in a complex process aimed at reopening the city’s shipping port, which has been closed since the bridge collapsed early Tuesday morning. The collapse was the
Former President Donald Trump and eight other defendants are in the midst of a legal battle in Georgia over allegations of illegal interference in the 2020 election. After a judge ruled that Fulton County District Attorney Fani Willis could remain on the case, Trump and his co-defendants submitted a formal application to appeal the decision.
FTX founder Sam Bankman-Fried was recently sentenced to 25 years in prison for his part in a massive fraud and conspiracy that led to the downfall of his cryptocurrency exchange and related hedge fund. The sentencing took place in a Manhattan federal court and was met with mixed reactions from both the prosecution and the
In a recent speech at a solar company in Georgia, Treasury Secretary Janet Yellen expressed serious concerns about China’s trade practices in the clean energy sector. Yellen warned that China’s approach to global markets is tantamount to using them as a dumping ground for its surplus clean energy products, such as solar power, electric vehicles,
New Zealand recently accused China of engaging in “malicious cyber activity” that targeted its parliament in 2021. The government expressed its concerns about cyber attacks attributed to groups sponsored by the Chinese Government. This accusation came shortly after the U.S. and U.K. made similar claims against China, alleging that Chinese state actors were involved in