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US Returns Additional $156 Million to Malaysia From Stolen 1MDB State Fund

US Returns Additional $156 Million to Malaysia From Stolen 1MDB State Fund

The United States (US) has returned $156 million to Malaysia, which was recovered from assets seized in investigations into a global corruption scheme involving the 1Malaysia Development Berhad (1MDB) state fund.


Ford Cancels Expensive EV Dealership Program That Requires Investment of Over $1 Million

Ford ended an expensive program that pushed dealers to invest over $1 million to sell EVs. The Ford Motor Company logo is seen July 20, 2008 at a dealership in Hudson, Wisconsin.

G7 Agrees to Give Ukraine $50 Billion Loan Amid War vs. Russia

The leaders of the Group of Seven, the world’s wealthiest nations, have agreed to create a $50 billion loan to help Ukraine in its fight to survive Russia’s onslaught, with interest earned on profits from Russia’s frozen central bank assets used as collateral.

LinkedIn Unveils New AI-Powered Features for Premium Subscribers to Optimize Job Search

LinkedIn Premium users can now use new AI-powered tools to improve their cover letters and resumes.


Latest News

Goldman Sachs Plans to Double Lending to Ultra-Wealthy Private Bank Clients in the Next 5 Years: Report
Goldman Sachs plans to double its lending to wealthy private bank clients in the next five years. Goldman Sachs plans to double its lending to wealthy private bank clients with account sizes surpassing $10 million in the next five years.
US Congress Scrutinizes Microsoft President Over China Ties, Security Failures
Microsoft President Brad Smith was intensely questioned by a House homeland security panel on Thursday regarding the company's security practices and ties with China.
cyberattack
Ascension said the May ransomware attack was triggered by an employee who mistakenly downloaded a malicious file.
OpenAI Hires Ex-NSA Chief Paul M. Nakasone to its Board
Former National Security Agency (NSA) director and retired US Army general Paul M. Nakasone has been named as the new board member of OpenAI.
Tesla Shareholders Approve Elon Musk's Pay Package; X Demands Money from Ex-Employees, Citing Overpayment
Shareholders of Tesla approved the move to increase the pay package of CEO Elon Musk to $56 million.
T-Mobile Reports Strong Quarterly Earnings
T-Mobile secures a $2.67 billion contract with the U.S. Navy for advanced communication technologies, supported by its partnership with SpaceX for improved service delivery.
Wise
Wise's stock plunged 10% after projecting slower revenue growth, expecting a 15-20% income increase for FY ending March 2025, down from 31% last year.
US-INTERNET-SOFTWARE-COMPUTERS-APPLE
Apple's deal to integrate ChatGPT into its devices for iOS18 is reportedly without financial compensation, with OpenAI banking on "exposure" to Apple's consumer base.
Fullerton Healthcare
Singaporean company Fullerton Healthcare faced charges of graft and corruption in bribes by co-founders, but one of them, David Sin, was granted permission to leave the country.
Florida Governor DeSantis Holds News Conference With Miami Beach Mayor Steven Meiner
Disney has agreed to invest $17 billion in its Florida resort over the next decade or two under a new deal with a DeSantis-backed board, concluding a lengthy legal dispute.