Biden Plans to Seek $25 Billion From Congress, Including Ukraine Aid
President Joe Biden intends to submit a supplemental funding request of at least $25 billion to Congress, according
2023-08-10 07:29
Students in shortchanged Pennsylvania school districts plug away while lawmakers dither over funding
By pursuing funding equity in court, financially challenged Pennsylvania districts are following a well-traveled school reform path
2023-07-15 21:25
FDIC board to discuss special assessment fees for banks
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2023-05-11 21:49
Solidifi Charitable Foundation Supports Homeless Youth with $100,000 Donation to Covenant House Toronto
TORONTO--(BUSINESS WIRE)--Oct 19, 2023--
2023-10-19 21:26
China’s Ultra-Long Bonds Are All the Rage on Economic Gloom
China’s ultra-long government bonds are seeing heated demand as the economy’s dire outlook and expectations for modest stimulus
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GSK Raises Outlook, Looks to New Medicines to Fuel Growth
GSK Plc raised its guidance for the year after a strong start to 2023 as it prepares to
2023-07-26 15:18
Fox News settles with former Tucker Carlson producer who testified in Dominion case for $12 million
A lawyer for a former Fox News producer who says the network coerced her into giving false testimony in Dominion Inc.'s defamation lawsuit says her former employer is paying her $12 million to settle her legal claims
2023-07-01 04:24
Elizabeth Holmes prison: Everything we know about disgraced Theranos founder going to jail
Disgraced Theranos founder Elizabeth Holmes is about to begin her 11-year prison sentence after being found guilty of defrauding investors, including media mogul Rupert Murdoch, over fake claims about the company’s blood-testing capabilities. As well as being handed jail time over her role in misleading investors, Holmes was also ordered to pay $452m in restitution. Follow the latest updates live “This is a fraud case where an exciting venture went forward with great expectations and hope, only to be dashed by untruth, misrepresentations, hubris, and plain lies,” Judge Davila, presiding over the case, said before handing down the prison sentence to Holmes. “I suppose we step back and we look at this, and we think, what is the pathology of fraud? Is it the inability or the refusal to accept responsibility or express contrition in any way? Now, perhaps that is the cautionary tale that will go forward from this case.” Ahead of being sentenced, Holmes, who has long maintained she did not intend to defraud anyone, told the court: “I am devastated by my failings. “Every day for the past years I have felt deep pain for what people went through because I failed them. I regret my failings with every cell of my body.” Where will Holmes serve her sentence Holmes, who requested 18 months of house arrest as a punishment, will begin her sentence at Federal Prison Camp Bryan in Texas – an all-female facility 100 miles from Holmes’ hometown. The minimum security prison houses around 500 inmates, and runs a variety of programmes intended to prepare prisoners for life after incarceration, according to Camp Bryan’s handbook. Holmes’ day will begin at 6am, when inmates are woken up for meals and work; people failing to comply with the strict wakeup rules are subject to punishments. Inmates are then counted at five different times during the day, when they must assemble in specific areas (once again, punishments are doled out to those who are not present at these times). The prison features a study, game room, and work programmes that see all inmates take part in a six-week course on the importance of efficiency in the workplace before they are placed into a role – with some prisoners earning as little as $0.12 in some assignments. According to the handbook, “All designated inmates are required to develop a financial plan to meet their financial obligations”, which for Holmes will mean reparations of $452m. How will Holmes keep in touch with her family? Holmes is married to Billy Evans, and the pair have two children, William, 2, and newborn Invicta. She lives around 100 miles from her family, who will be permitted to visit at weekends. Inmates at Camp Bryan are also permitted to take part in video sessions with their friends and family, according to the handbook, as well as to send and receive text messages. Prior to beginning her sentence at Camp Bryan, Holmes spent the weekend with her husband and children at the beach.
2023-05-30 22:28
Computer-led equity hedge funds beat human stock-pickers in October
By Carolina Mandl NEW YORK Hedge funds that trade equities using computer programmes defeated human stock-pickers in October
2023-11-02 03:52
Ukraine Recap: Kyiv Fends Off Second Massive Barrage in Two Days
Ukraine shot down more than 37 cruise Russian missiles and 30 drones overnight as Russia targeted military facilities
2023-05-29 15:17
Experts Call for Protocols to Speed up Referrals for Pulmonary Hypertension to Specialized Centers
BARCELONA, Spain--(BUSINESS WIRE)--Jul 3, 2023--
2023-07-03 17:16
Poland Set to Win Approval for Some EU Funds This Year
Poland is expected to access some additional European Union financing by the end of the year, as opposition
2023-11-20 21:54
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