Author: CorruptionLedger

In September, a class action lawsuit (Mannacio v. Discover Financial Services, et al., No. 23-cv-06788 (N.D. Ill.)) was filed against Discover Financial Services (“Discover”) alleging Discover and certain current and/or former executives violated the Securities Exchange Act of 1934. Specifically, the class action complaint alleged that the defendants made false and/or misleading statements and/or failed to disclose that: (i) Discover maintained deficient risk management and compliance procedures; (ii) as a result, Discover, among other things, failed to comply with applicable…

WAUKEGAN, Ill. — The father of a man charged in a deadly Fourth of July parade shooting in suburban Chicago will stand trial starting Monday accused of helping his teenage son obtain a gun license even after he had threatened violence. Robert Crimo Jr. is charged with seven counts of reckless conduct — one for each person his son, Robert Crimo III, is accused of killing in Highland Park on Independence Day last year. Each count carries a maximum three-year…

A history of mental illness. An array of weapons. Law enforcement knew about his potential for violence. But he was still able to own guns and commit the deadliest mass shooting in Maine’s history. One week later, many in Lewiston and nationwide are asking: Why did he have guns at all? Robert Card was identified by authorities as a person of interest four hours after he shot and killed 18 people and wounded 13 others at a bowling alley and…

In a devastating cyberattack that unfolded over three days in May 2023, numerous victims fell prey to a large-scale intrusion. The attackers exploited a vulnerability in MOVEit, a managed file transfer software, sending shockwaves across various sectors. Government agencies, airlines, educational institutions, financial organizations, and healthcare providers found themselves in the crosshairs of this breach. The attackers absconded with sensitive data, including credit card information, personally identifiable information (PII), and social security numbers (SSNs). In a startling revelation, Bloomberg reported…

WASHINGTON — The U.S. Defense Department on Friday announced the government is moving forward with developing a new version of the B61 nuclear gravity bomb. The bomb, designated B61-13, would have a yield similar to the B61-7 and replace some of those older gravity bombs, the Pentagon said in its announcement. The B61-7′s yield is higher than the B61-12, the most recent bomb being added to the military’s arsenal. The Pentagon said the decision to build this weapon was made…

ACAPULCO, Mexico — As a bright, hot sun filled Acapulco in the days following the furious arrival of Hurricane Otis, it revealed a city utterly transformed by destruction. The Category 5 storm slammed into the Pacific coast early Wednesday, killing at least 27 people, with at least four still missing, according to Mexican officials. Mexico’s president, Andrés Manuel López Obrador, pledged unlimited resources and thousands of troops. But residents and tourists in the city of 1 million people say they’ve…

Just putting three meals a day on the table was a struggle for millions of people in the U.S. last year. That’s the sobering conclusion of a new report from the U.S. Department of Agriculture, which found hunger in the U.S. rose sharply in 2022. The report found that 44.2 million people lived in households that had difficulty getting enough food to feed everyone in 2022, up from 33.8 million people the year prior. Those families include more than 13…

The streets of Gaza are empty of cars. Many of its bakeries are shuttered; meat suppliers have no refrigeration. Doctors perform operations by flashlight. Although 62 aid trucks have entered Gaza since last weekend carrying much-needed food, water and medical supplies, none have delivered fuel — which Israel has blocked over concerns it could be stolen and used by Hamas. As a result, aid groups have escalated their warnings, saying the lack of fuel has reached a critical point. UNRWA,…

At least 24 journalists are among the more than 6,000 people who have been killed in the ongoing war between Israel and Hamas, according to the latest tally released Wednesday by the Committee to Protect Journalists. In addition to the steep toll the fighting has meant for civilians in the region, the conflict in Gaza has resulted in the deadliest stretch for journalists in Israel and the occupied territories since the committee began tracking journalist deaths in 1992, the organization’s…

There is a sharp sell-off in the bond market, and it has big implications on both the economy and people’s pocketbooks. Yields on U.S. government bonds, especially the 10-year Treasury note, determine the interest rates that people pay on a lot of their debt, including mortgages and credit cards. And a key bond yield hasn’t been this high since 2007. Several factors are driving the sell-off, including stronger-than-expected economic data and the government’s worsening finances. Here is what you need…

U.S. President Joe Biden declared it is “vital for America’s national security” for Israel and Ukraine to succeed in their wars, making the case Thursday night for deepening U.S. involvement in two unpredictable foreign conflicts as he prepared to ask for billions of dollars in military assistance for both countries. If international aggression is allowed to continue, Biden said in a rare Oval Office address, “conflict and chaos could spread in other parts of the world.” “Hamas and Putin represent…

Canada’s foreign minister said Thursday that 41 of the country’s diplomats have been removed from India after the Indian government said it would revoke their diplomatic immunity. The moves comes after Canadian accusations that India may have been involved in the killing of a Sikh separatist leader in suburban Vancouver. The Associated Press previously reported that India had told Canada to remove 41 of its 62 diplomats in the country. Foreign Minister Melanie Joly said Thursday that 41 diplomats and…

More than 300 people were arrested for illegally demonstrating and three people were charged with assaulting police after protesters descended on Capitol Hill to call for a cease-fire between Israel and Hamas. Hundreds of demonstrators from Jewish advocacy groups, including Jewish Voice for Peace and If Not Now, poured into a congressional office building on Wednesday. They wore shirts that read “Jews say cease fire now” and they chanted “let Gaza live” and “not in my name” before they were…

U.S. military forces in Iraq were targeted on Wednesday in two separate drone attacks, with one causing minor injuries to a small number of troops even though the U.S. military managed to intercept the armed drone, a U.S. official said. The official, who spoke to Reuters on condition of anonymity, did not say who was suspected of the attacks on the al-Asad air base and the al-Harir air base. But Washington is on heightened alert for activity by Iran-backed groups…

SANTIAGO, Chile — The Israeli government has suspended all sales and supplies of defense and security hardware and related services to Colombia. The move followed a heated exchange on X, formerly known as Twitter, between Colombian President Gustavo Petro and Israeli Ambassador in Bogota Gali Dagan about the ongoing conflict in the Gaza Strip. Petro had refused to condemn the Hamas raid. When Dagan urged Petro to speak about the attack on Israel, Colombia’s president replied with a message that…

U.S. President Joe Biden will visit Israel on Wednesday for talks with Israeli Prime Minister Benjamin Netanyahu and make clear Israel has the right to defend itself, Secretary of State Antony Blinken announced on Tuesday. Blinken said after lengthy talks with Netanyahu that Biden will reaffirm solidarity with Israel, which has widely been expected to launch a ground assault in Gaza. Israel has vowed to annihilate the Hamas movement that rules Gaza after fighters burst into Israel on Oct 7,…