2 New York Pharmacy Owners Sentenced for $18 Million COVID-19 Health Care Fraud, Money Laundering

2 New York Pharmacy Owners Sentenced for $18 Million COVID-19 Health Care Fraud, Money Laundering

Two New York pharmacy owners have been sentenced for orchestrating a money laundering scheme involving fraudulent Medicare filings.


Goldman Sachs Appoints Hess CEO as New Independent Member of the Board of Directors

Goldman Sachs has appointed John B. Hess, CEO of Hess Corporation, to its Board of Directors as an independent member.

US Skilled Labor Shortage, Rising Construction Costs Threaten to Derail New LNG Projects

Some new liquefied natural gas (LNG) projects in the US Gulf Coast are experiencing delays due to a shortage of skilled labor.

China Telecom, China Mobile Face US Government Investigations Over Data Misuse Concerns

The United States (US) is investigating China Mobile, China Telecom, and China Unicom over data misuse concerns.


Latest News

Amazon Partners with Megan Thee Stallion to Promote 2024 Prime Day
Amazon revealed that it would be partnering with American hip-hop star Megan Thee Stallion to promote its 10th annual Prime Day event on July 16-17.
Amazon Plans to Hold Prime Day Sales on July 16-17
Amazon announced that its 10th annual Prime Day sales event would be held this year on July 16-17, beginning at 00:01 Pacific Time (05:01 UTC).
Snapchill Canned Coffee Products Recalled Over Deadly Botulism Toxin Fears
Coffee manufacturer Snapchill issued a countrywide product recall after federal regulators warned that its production process could produce a deadly toxin.
OpenAI Buys Rockset, Integrates Team and Tech to Improve Enterprise Data Accessibility
OpenAI is acquiring the enterprise analytics start-up Rockset, integrating its technology and team to enhance data usability and enable developers to build more intelligent applications.
Trump Media Rebounds After Stock Price Halved Amid Investor Uncertainty
After a significant decline due to potential massive share sell-offs, Trump Media & Technology Group's stock is bouncing back, with the company projecting substantial cash inflows from warrant exercises.
Music Industry Titans File Lawsuit Against AI Companies for Copyright Abuse
Major record labels, including Sony Music, Universal Music Group, and Warner Records, are suing AI start-ups Suno and Udio for allegedly committing extensive copyright violations.
Chrystia Freeland
Canada declared that it was considering tariffs on Chinese electric cars to support its allies, the US and EU.
Hooters
Hooters shutters numerous underperforming outlets across the US due to economic issues. At Hooters on February 23, 2010 in Atlanta, Georgia. (Photo : Rick Diamond/Getty Images for Paramount) Hooters has joined several American chains that have shuttered several outlets, citing severe economic difficulties.
Apple Becomes First Violator of EU’s DMA Rules, May Face $38 Billion Fine
The European Commission released a preliminary ruling that found Apple violating the European Digital Markets Act.
‘Inside Out 2’ Shatters Box Office Records with $155 Million Weekend Debut
Disney-Pixar's Inside Out 2 continues to dominate the domestic box office, with an estimated $100 million expected in its second weekend.
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