The chief financial officer of conservative global news outlet The Epoch Times has been arrested and charged with leading a yearslong scheme to launder at least $67 million in illicit funds, federal prosecutors said Monday.
Category Archives: business
Michael Cohen’s family doxxed after Trump guilty verdict in porn star hush money case
Family members of Michael Cohen, who testified in Donald Trump’s hush money trial, doxed online after Trump was found guilty of 34 felonies.
See inside Ford’s new tech campus, a century-old Detroit train station restored for $950 million
DETROIT — Ford’s latest project out of the Motor City is the restoration and reopening of an abandoned train station, for decades a symbol of Detroit’s downfall and now the automaker’s new technology campus.
Jeep expects to grow plug-in hybrid SUV sales by as much as 50% in 2024
Jeep plans to grow U.S. sales of its plug-in hybrid electric vehicles by as much as 50% this year as it leans into the technology as a bridge between its traditional gas-guzzling SUVs and all-electric vehicles amid a slower-than-expected sales pace of EVs.
Paramount and Skydance agree to terms of a merger deal
Paramount and Skydance have agreed to terms of a merger, CNBC’s David Faber reported Monday.
Bad economic news has been good for stocks, but that could change this week
Bad economic news so far has been mostly positive for the stock market, as investors worry over whether the Federal Reserve will start cutting interest rates.
NYSE says technical issue fixed after Berkshire Hathaway wrongly falls 99%
Warren Buffett’s Berkshire Hathaway, Chipotle and GameStop were affected by the technical issue, the New York Stock Exchange said.
Extreme heat set to drive home cooling costs to 10-year high, advocates warn
The average cost of keeping an American home cool from June to September is set to hit $719, nearly 8% higher than last year, according to new projections.
Cucumbers shipped to 14 states recalled over Salmonella concerns
A produce company is recalling cucumbers it shipped to 14 states over concerns they may be contaminated with Salmonella.
Spotify is increasing U.S. prices for many of its subscription plans
Spotify is increasing its prices in the United States for many of its subscription plans.