Legal & Regulatory
Swiss Financial Regulator Proposes to Name and Shame Banks That Breached Rules
The Swiss financial regulator FINMA is seeking new powers to publicly name and shame banks that breach its rules. Switzerland has been looking to strengthen banking regulations since UBS took over Credit Suisse last year.
Johnson & Johnson Ordered to Pay an Oregon Woman $260 Million After Getting Cancer Using the Powder
The 48-year-old Oregon woman claimed that she's been using Johnson & Johnson powder for 30 years and has been inhaling asbestos in return, but Johnson & Johnson maintained that their products do not contain such and do not cause cancer.
Bitcoin Billionaire Michael Saylor Reaches $40 Million Settlement in DC Tax Fraud Case
Billionaire bitcoin investor and MicroStrategy founder Michael Saylor will pay $40 million to settle a tax fraud lawsuit brought by Washington, DC, Attorney General Brian Schwalb.
Dr. Anthony Fauci Confesses to Making Up COVID Social Distancing, Mask Rules
Dr. Anthony Fauci faced rigorous questioning from Republicans, including one who declined to address him as a doctor, during his appearance before a US House committee.