Category: Corruption

Who is in charge of the CDC right now? Nobody knows for sure

The Centers for Disease Control and Prevention is operating without an acting director, multiple health officials confirm to CBS News, leaving the agency responsible for defending the U.S. against emerging pandemics and responding to health emergencies without a clear chain of command. A leadership vacuum atop the CDC is unprecedented. Under previous administrations, including the first term of President Trump, officials made sure either to immediately appoint their pick for the position or decide during the transition on whom would assume the top…

MicroStrategy Bought Another $1B in Bitcoin Last Week

MicroStrategy. “FORM 8-K MICROSTRATEGY INCORPORATED.” MicroStrategy, a business intelligence firm led by Michael Saylor, purchased an additional $1 billion worth of Bitcoin last week. This acquisition brings their total Bitcoin holdings to approximately 140,000 BTC, acquired at an average price of around $29,000 per coin. The company continues to view Bitcoin as a critical store of value and a hedge against inflation, strengthening its position as one of the largest corporate holders of the cryptocurrency. Selling Shares To Add To…

Chris Hedges: MIT’s Work for the Israel, AI used for “tasks”… like targeting

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You’re now a threat to US National Security and Public Safety if:

You’re now a threat to US National Security and Public Safety if you fall into one of the categories below. President Trump’s executive order, titled “Protecting the United States from Foreign Terrorists and Other National Security and Public Safety Threats,” identifies several “threats,” including: Terrorist Attacks: Aliens who intend to commit terrorist acts within the country. Hateful Ideology: Individuals who promote ideologies that could incite violence or threaten societal harmony. Exploitation of Immigration Laws: Individuals manipulating U.S. immigration laws for…

Documents show Google aided Israel with advanced AI tools amid war

The Washington Post says it has seen documents according to which Google employees actively assisted Israel in gaining access to certain advanced AI technology quickly after the war in Gaza began. The report says Israel’s Defense Ministry sought to expand its use of Vertex AI, a Google service applying AI algorithms to data. One worker warned internally that a delay in granting access to the tech could push Israel to switch to competitor Amazon. The paper notes that while the documents confirm…

Walgreens Stock Tumbles on DOJ Lawsuit Over ‘Millions’ of Alleged Illegal Prescriptions

Walgreens Boots Alliance (WBA) shares sank Tuesday, the first day of trading since the Department of Justice (DOJ) on Friday announced a lawsuit accusing the pharmacy chain of dispensing “millions of unlawful prescriptions” that had no legitimate medical purpose. The suit alleges that Walgreens pressured its pharmacists to fill prescriptions quickly, leading to opioids and other medications being given out for prescriptions that had “clear red flags” indicating they were “highly likely to be unlawful.” The U.S. Department of Justice…

The latest on Putin and Trump: January 22, 2025

As of January 22, 2025, here are some developments concerning President Trump and Russian President Vladimir Putin. Trump’s Ultimatum to Putin on Ukraine War: President Trump has demanded that President Putin end the war in Ukraine, describing the conflict as “ridiculous.” He warned that Russia would face economic sanctions, including taxes and tariffs, if it does not cooperate. Trump emphasized his preference for an easy resolution but is prepared to implement other measures if necessary. The Sun Putin’s Response to…

Brazil’s biggest farm state seeks to weaken environmental protections

SAO PAULO – A law passed by legislators in Brazil’s largest farm state Mato Grosso that changes the classification of endangered biomes inside state borders will likely weaken environmental protections there, according to climate activists. Under the new law, areas currently located in the Amazon biome could be converted into Cerrado areas based on the height of trees. That means that Mato Grosso properties sitting on the Amazon biome, which have to keep 80% of native vegetation as per Brazil’s…

Starship explosion raises questions about risk to public, environment

The latest disintegration of a SpaceX test flight was a spectacular sight, as broken-up rocket parts streaked like jellyfish tendrils across the Caribbean sky Thursday evening. But some experts say focusing on that dazzling light show, as many people and media outlets did, highlights a lack of understanding of the environmental aftermath of these spacecraft failures. Moriba Jah, professor of aerospace engineering at the University of Texas Austin, compares it to marvelling at the beauty of a nuclear bomb’s mushroom cloud. “Being mesmerized by…

Grand Jury charges Washington man and company with MBTA hunting violations committed in Canada

A grand jury in Seattle returned an indictment today charging a Washington man and his company with conspiracy and for violating the Lacey Act by transporting birds that had been hunted in violation of the Migratory Bird Treaty Act (MBTA). The indictment alleges that, from August 2022 to January 2023, Branden Trager, 46, of Brush Prairie, Washington, and his guiding company, Mayhem Services LLC, guided three hunting parties in Canada to hunt waterfowl when Trager was not permitted under Canadian…

Climate Investment Funds secures $500 million debut bond for clean energy transition

LONDON – The multilateral Climate Investment Funds (CIF) has issued a $500 million debut bond as part of a plan to diversify its funding sources and attract private sector investors to finance low carbon technologies in emerging markets, its CEO said on Tuesday. The success of the bond, six times oversubscribed, underscores the growing importance of market-friendly issuances as nations and international agencies look to meet a $1.3 trillion climate finance goal at a time when development funds are becoming…

Tax evasion: UBS / Credit Suisse to pay a $2.5 billion fine

UBS is reportedly preparing to pay hundreds of millions of dollars to resolve allegations that Credit Suisse violated a prior agreement with the U.S. Department of Justice regarding U.S.-based customers who evaded taxes, according to the Wall Street Journal. In 2023, the U.S. Senate Finance Committee found that Credit Suisse, now owned by UBS, breached its 2014 plea agreement with U.S. authorities by continuing to assist ultra-wealthy Americans in tax evasion and concealment of more than $700 million from the…

Argentina files ICC complaint against Venezuela over officer’s arrest

BUENOS AIRES – Argentina’s government said on Thursday it had filed a complaint with the International Criminal Court against Venezuela for detaining a member of its gendarmerie, a branch of Argentina’s security forces, calling it a “forced disappearance.” Tensions between the two South American countries have risen since Javier Milei, a far-right libertarian, assumed Argentina’s presidency in late 2023. These worsened after Venezuela’s contested presidential election in July, in which incumbent socialist President Nicolas Maduro claimed victory. Last month, Argentina…

Judicial scandal surfaces in fight over bankruptcy of JC Penney

A group of JC Penney bondholders are seeking to re-litigate its Chapter 11 case, claiming that a scandal that has since ensnared one of the country’s top bankruptcy judges tainted the US retailer’s 2020 reorganisation. Eric Moore, a bondholder, described the deal clinched in bankruptcy court as a “multibillion-dollar heist” that improperly handed control of JC Penney to a select group of deep-pocketed parties including H2 Capital Partners, Simon Property Group and Brookfield, according to court filings. Moore’s challenge has…

Vanguard reaches deal with US bank regulator over control of bank stakes

Vanguard reaches deal with US bank regulator over control of bank stakes (Reuters) -The U.S. Federal Deposit Insurance Corporation (FDIC) said on Friday it has struck a passivity agreement with Vanguard, to help the regulator better monitor the money manager’s interests in large banks. According to the deal, Vanguard is strictly prohibited from engaging in activities that influence the management or policies of institutions regulated by the FDIC, or their subsidiaries. Through “passivity agreements,” investors commit to regulators that they…

Vanguard strikes deal with FDIC over huge holdings in US banks, agrees to new oversight of its investments in some US lenders

Vanguard has bowed to regulatory pressure and agreed to new oversight of its investments in some US lenders, a decision that could have sweeping implications for money managers and banks. The deal, which the US Federal Deposit Insurance Corp disclosed on Friday, will allow Vanguard’s funds to continue to be huge shareholders in a wide swath of the country’s banks while also increasing the watchdog’s supervisory power over the $10tn money manager. Vanguard, BlackRock and State Street have amassed large…