Tag: Region US

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…

  A US nuclear-powered Ohio-class submarine is in the Middle East to help prevent the Israel-Hamas war from spiraling into a broader conflict, the Pentagon said Monday.   The US Central Command posted a picture of the submarine the day before on social media platform X that appeared to show it transiting Egypt’s Suez Canal. It is “now in the…

Thomas Flohr, owner of luxury airline VistaJet, must fight a claim that he defrauded a Guernsey investment partnership two decades ago after London’s High Court refused to dismiss the case.  Flohr, who denies the allegations, had tried to have the case thrown out on technical grounds related to the circumstances of the case, in which a previously dissolved partnership was…

Air Force Chief of Staff Gen. David Allvin pledged Monday in his first message to the force to forge ahead with plans to redefine the service as it faces a faster-paced, less-predictable era of war. Allvin’s letter — an initial blueprint for the newly installed leader as he begins a four-year term — indicates the chief will continue a multibillion-dollar…

Israeli Prime Minister Benjamin Netanyahu’s thinly veiled call to “go and smite Amalek, and utterly destroy all that they have, and spare them not; but slay both man and woman, infant and suckling, ox and sheep, camel and donkey” is being taken literally. ]Netanyahu declaring invasion: “You must remember what Amalek has done to you, says our Holy Bible” 1…

Washington D.C., Nov. 2, 2023 — The Securities and Exchange Commission today charged John Hughes, president and chief compliance officer of registered investment adviser Prophecy Asset Management LP, for his involvement in a multi-year fraud that concealed losses of hundreds of millions of dollars from investors. Prophecy Asset Management advised multiple hedge funds and reported more than $500 million in…

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…

The Trump era was very, very good to the country’s giant telecom monopolies. Trump officials doled out billions in tax breaks (AT&T nabbed $42 billion alone) and billions more in poorly tracked subsidies. It also approved anticompetitive mergers without even reading the details, and handed out all manner of regulator favors like the dismantling of net neutrality or the elimination…

Hackers have accessed approximately 632,000 emails from the Department of Defense and other federal agencies this year, the US Office of Personnel Management (OPM) confirmed. The report detailed a large-scale cyberattack in May 2023 in which emails from US government offices, private sectors, airlines, and academic entities were accessed by a suspected Russian group called “CL0P.” Alongside electronic personal data,…

[…] ‘The Daily Telegraph’ and ‘Mail Online,’ disclosed that following the Hamas attack on Israel, the United States urged Rishi Sunak, the Prime Minister of the United Kingdom, to blacklist the Islamic Revolutionary Guards Corps (IRGC). On October 21, 2023, ‘The Daily Telegraph’ reported, quoting Matthew Miller, the official spokesperson of the US State Department: “We absolutely think that other…

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…

The identity of a woman found in a Georgia dumpster 35 years ago is now known thanks to genealogy technology, authorities revealed this week. The Georgia Bureau of Investigation announced Monday that the human remains found in Jenkins County on February 14, 1988, belong to a woman named Chong Un Kim, who was 26 years old at the time her…

FTX founder Sam Bankman-Fried began testifying at his fraud trial on Friday, saying the innovative business he hoped would move the cryptocurrency ecosystem forward ended up doing the opposite and hurting customers. The onetime cryptocurrency golden boy lost his businesses and his reputation as a pioneering entrepreneur in an emerging facet of finance when a rush of customers withdrew their…

NEW DELHI: Residents of Maine had to remain locked inside their homes for the second consecutive night as law enforcement agencies launched an extensive search for Robert Card, the man believed to be responsible for the worst mass shooting in the state’s history which claimed 18 lives at a bowling alley and a bar. According to an AP report, much…

The US Air Force (USAF) has launched two new detachments at Robins Air Force Base in Georgia to bolster the force’s electronic warfare capability. Detachments from the 350th Spectrum Warfare Wing (SWW) and the 87th Electronic Warfare Squadron (EWS) will be tasked with responding to electronic threats by developing new countermeasures. The launch is part of the standup process for…

  The US military struck two facilities in eastern Syria used by Iran’s Islamic Revolutionary Guard Corps (IRGC) and affiliated groups, Defense Secretary Lloyd Austin said Thursday. “The precision self-defense strikes are a response to a series of ongoing and mostly unsuccessful attacks against US personnel in Iraq and Syria by Iranian-backed militia groups that began on October 17,” he…