Articles by Jace Dela Cruz


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Texas Woman Loses $17,000 From Wells Fargo Phone Scam
A Texas woman lost $17,000 to a phone scam in which fraudsters posed as representatives from Wells Fargo.
Brazil's Former President Jair Bolsonaro Indicted in Money Laundering: Report
Brazil's former president Jair Bolsonaro was indicted by the country's Federal Police for alleged money laundering and criminal association.
Disney Heiress Plans to Halt Donations to Democrats Unless Joe Biden Drops Out
President Joe Biden faces pressure from prominent donors within his party, including Disney heiress Abigail Disney, who announced she would cease funding to the Democratic Party.
Bitcoin Dips to 2-Month Low Amid US Presidential Election Uncertainty
Bitcoin dropped to its lowest level in two months on Thursday. Bitcoin dropped to its lowest level in two months on Thursday. According to Reuters, the cryptocurrency's value fell over 2% to $57,843, marking its lowest point since May 2 and losing over 6% this week alone.
Second Donald Trump Presidency Would Cause Spike in Long-Term US Bond Yields, Edmond De Rothschild Investment Head Says
A second Donald Trump presidency could lead to a rise in long-term US Treasury yields, according to Edmond de Rothschild Asset Management's Chief Investment Officer Benjamin Melman.
'Tinder Scam': Indian Man Faces Shockingly Expensive Bill at Restaurant After Online Date Gone Wrong
An unexpected Tinder date turned into a costly affair for an Indian man, who faced a staggering restaurant bill.
Criminals Are Stealing Billions From Music Industry Through Fake Streams: Report
Criminal groups are siphoning billions of dollars annually from the music industry through fraudulent streaming activities, according to a streaming technology firm.
Russia's Central Bank Encourages Businesses to Use Crypto to Evade Sanctions
Russia's central bank has advised businesses to explore alternative solutions, including cryptocurrencies and other digital assets, to facilitate payments with foreign partners.
AI Investments Rise 47% in US Venture Capital Funding—Highest Level Recorded in 2 Years
US venture capital funding climbed to $55.6 billion in the second quarter, marking the highest level in two years, according to PitchBook data.
Amazon to Discontinue Its Astro for Business Security Robot
Amazon has announced it will discontinue its Astro for Business security robot and shift its focus back to household robots.
Donald Trump Sentencing for Hush Money Conviction Delayed Until September — Here's Why
Former President Donald Trump's sentencing for his conviction on hush money case has been postponed until at least September.
SEC Sues Defunct Crypto Bank Silvergate Over Alleged Bank Secrecy Act Violations
The Securities and Exchange Commission (SEC) has filed a lawsuit against Silvergate Capital Corporation over alleged violations of the Bank Secrecy Act.
Samsung Electronics Workers to Stage Three-Day Strike Next Week
Samsung Electronics workers in South Korea will hold a strike from July 8 to 10, according to union officials.
Joe Biden, Bernie Sanders Urge Novo Nordisk and Eli Lilly to Lower Prices of Weight Loss Drugs
President Joe Biden and Senator Bernie Sanders have urged Novo Nordisk and Eli Lilly to lower the prices of their popular weight loss drugs.
Biden Administration Revokes Some Licenses for Exporting Goods to China's Huawei in 2024: Report
The Biden administration canceled eight export licenses this year that had allowed several companies to send goods to the Chinese telecom giant Huawei.
Philadelphia Woman Charged for Stealing COVID-19 Relief Funds From Florida to Pay for Brazilian Butt Lift
A Philadelphia woman was charged for allegedly stealing COVID-19 relief funds intended for a Florida city to pay for a cosmetic procedure known as a Brazilian butt lift.
Mexico's Sinaloa Drug Cartel Members Found Citi ‘Favorable’ for Money Laundering: Report
US officials said that drug traffickers for Mexico's Sinaloa cartel chose to launder money through Citi.
Cannabis Businesses Fail to Win Lawsuit Challenging US Marijuana Ban
A federal judge has dismissed a lawsuit filed by several Massachusetts cannabis businesses seeking to challenge the existing federal prohibition on marijuana.
China Forms New State Body to Find Oil and Gas Reserves Deep Underground
China has established a new entity that combines national oil producers and state firms to look for ultra-deep oil and gas reserves.
Joe Biden Administration Can’t Pause New LNG Export Approvals, Judge Rules
A federal judge in Louisiana has blocked the administration of President Joe Biden from pausing the approvals of liquefied natural gas (LNG) export applications.
Job Loss Motivated Colorado Man to Kill Wife and Disabled Daughter, Then Chop Off Their Bodies
An 83-year-old Colorado man was found guilty in the brutal killings of his wife and disabled daughter after he lost his job.
2 New York Men Charged With Money Laundering After Traffic Stop in Illinois Reveals $250,000 Hidden in Car Flooring
Two New York City men are facing money laundering charges following a traffic stop in Illinois that uncovered $250,000 hidden under their car's carpet.
FDA Announces Recall of Glenmark, BluePoint Blood Pressure Capsules Over Cardiac Arrest Fear
The US Food and Drug Administration (FDA) has announced the recall of 135 batches of potassium chloride extended-release capsules due to potential risks of cardiac arrest.
Chicago Judge Allows Newly Turned-up Will as Evidence in Trial of Late Recluse's Record-Setting $11 Million Unclaimed Fortune
An unexpected twist has emerged in the case of Joseph Stancak, a reclusive 87-year-old man in Chicago who left behind an $11 million fortune.
Job Ads in Australia Continue to Fall for 5th Straight Month, New Data Shows
Job advertisements in Australia declined for a fifth consecutive month in June. Job advertisements in Australia dropped for a fifth consecutive month in June as labor demand remains easing amid high interest rates and an economic slowdown.
Ozempic, Wegovy Buyers Beware as Dangerous Fake Weight Loss Drugs Are Flooding the Market: Here's How to Stay Safe
As drugs for diabetes and weight loss, such as Ozempic and Wegovy, have surged in popularity, so has the issue of fake versions entering the market.
Killers of Russian Pilot Who Defected to Ukraine Reportedly Received Money From Russian Officials in Vienna
Russian pilot Maxim Kuzminov was reportedly killed by individuals who received cash from Russian officials working in Vienna, Austria.
Nokia Buys Infinera for $2.3 Billion as It Prepares for AI Data Center Boom
Nokia is set to acquire US optical networking gear maker Infinera in a deal worth $2.3 billion. Nokia is set to acquire US optical networking gear maker Infinera in a deal worth $2.
Toblerone Continues to Sweeten Russia's Shelves Despite US Maker Mondelez Halting Imports: Report
Toblerone chocolates have continued to be available on the shelves in Russia despite Mondelez International's efforts to halt imports.
Nike to Launch $100 Sneaker Line After Surprise Drop in Sales Sends Shares Plummeting to Worst Day on Record
Nike is set to introduce a new line of sneakers priced at $100 or less globally to revive its sales amid declining shares.
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