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Sanctioned Russian Billionaire Files Lawsuit Against UBS Over Money Laundering Alerts

Sanctioned Russian Billionaire Files Lawsuit Against UBS in Germany Over Money Laundering Alerts

Russian billionaire Alisher Usmanov has filed a lawsuit against a German unit of UBS Group AG over anti-money laundering reports that triggered a criminal investigation of him.


Joe Biden's New $50 Million Ad Campaign Targets Donald Trump's Felony Conviction

President Joe Biden's campaign is launching a new $50 million ad campaign that targets the felony convictions of his rival, former President Donald Trump.

Apple to Discontinue 'Buy Now, Pay Later' Service in US as It Launches New Loan Program

Apple announced it will discontinue its "buy now, pay later" service in the U.S. as it launches a new loan program allowing installment loans through credit and debit cards via Apple Pay later this year.

US to End Advance Payments Program for Medicare Providers Hit by Change Healthcare Cyberattack

The Centers for Medicare and Medicaid Services will end the advance payments program to providers affected by a cyberattack on UnitedHealth's Change Healthcare.


Latest News

Oregon Nurse Arrested for Stealing Fentanyl, Replacing IV Fluids with Tap Water; 16 Patients Dead
A former nurse at a southern Oregon hospital faces 44 counts of second-degree assault for allegedly stealing fentanyl and replacing it with tap water in IV drips, causing serious infections in many patients, 16 of whom died.
FDA Approves Merck's Capvaxive Vaccine Designed to Prevent Pneumonia on Adults
The Food and Drug Administration approved Merck’s new vaccine, Capvaxive, which was designed to protect adults from a bacteria known as pneumococcus that could cause serious illnesses like pneumonia, but is yet to face the CDC’s scrutiny.
Florida McDonald's Employee Arrested for Shooting at Drive-Through Customers After Dispute
A Florida McDonald's employee was arrested last week for shooting at customers following a dispute at the drive-through window, authorities said.
Fisker
Fisker filed for bankruptcy after purchase talks with a multinational automaker failed. A logo sits illuminated outside the Fisker booth at the SK telecom booth on day 1 of the GSMA Mobile World Congress on February 28, 2022 in Barcelona, Spain.
trafigura
Trafigura settled CFTC claims that it manipulated a fuel oil benchmark and prevented workers from cooperating with authorities.
avocados
The US halted avocado and mango inspections in Michoacan following an incident that reportedly threatened USDA inspectors.
Panera Bread Slices Dozens of Jobs in Arizona Dough-Making Facility as Part of Rebranding Plans
Panera Bread recently announced that it was closing down its dough-making facility in Chandler, Arizona on Aug. 15, 2024, which also meant laying off all its 64 employees.
pet
Nationwide Insurance announced that it would cancel coverage for nearly 100,000 pets across the US.
adobe
The FTC sued Adobe for hiding early subscription termination costs and making cancellation hard. Adobe's Freemont offices are seen April 18, 2005 in Seattle, Washington.
China-Based DeepSeek’s Open-Source Generative AI Tool Coder Poses Competition vs. OpenAI’s ChatGPT, Other AI Platforms
Chinese artificial intelligence (AI) startup DeepSeek announced the release of its open-source generative AI code language model, Coder V2.