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BERLIN Deutsche Telekom slightly raised its full-year operating profit target on Thursday after reporting a small bump in

ROME Italy's antitrust agency AGCM said on Thursday it had opened a probe into U.S. technology giant Apple

China has dramatically increased use of the yuan to buy Russian commodities over the past year, with nearly

By Andres Gonzalez Conglomerate Grupo Mexico is set to buy Citigroup Inc's retail banking operations in Mexico for

By David Milliken LONDON British Prime Minister Rishi Sunak risks missing his goal of halving inflation this year

By William Schomberg LONDON The Bank of England (BoE) is poised to raise borrowing costs for the 12th

By Suban Abdulla LONDON British property surveyors reported a drop in demand in April as new buyers turned

Bitcoin miner Marathon Digital Holdings said it received another subpoena from the US Securities and Exchange Commission related

Rep. George Santos has been charged in a federal criminal probe that -- from a legal standpoint -- won't affect his status as a member of Congress but will ensnare him in a potentially yearslong court process that could result in a sentence of several years in prison.

George Santos described criminal charges against him as a “witch hunt” in a defiant press conference following his arrest on Wednesday. The New York congressman spoke outside a federal courthouse after being arraigned on charges of fraud, theft of public funds and money laundering. “It’s a witch hunt,” he told a crowd of reporters. “I’m gonna fight my battle, I’m gonna deliver, I’m gonna fight the witch hunt, I’m gonna take care of clearing my name,” he said, adding that he was planning to run for reelection. The 34-year-old congressman for New York’s third district, who won his election after a campaign that was littered with lies about his past, was arrested shortly after 9am after turning himself in to authorities. In the 13-count indictment, federal prosecutors accused Mr Santos of lying on financial disclosure forms he filed to the House when he became a candidate, first by overstating his income from one job and failing to disclose income from another, and secondly by lying about his earnings from his company, the Devolder Organization. Prosecutors also allege that Mr Santos fraudulently used donations to his political campaign for his own benefit, spending “thousands of dollars of the solicited funds on personal expenses, including luxury designer clothing and credit card payments.” The indictment alleges that Mr Santos’s fraud began before his successful run for Congress, accusing him of running an unemployment insurance fraud scheme in which he applied for government assistance in New York while still employed by a Florida-based investment firm. “Taken together, the allegations in the indictment charge Santos with relying on repeated dishonesty and deception to ascend to the halls of Congress and enrich himself,” Breon Peace, the US attorney for the Eastern District of New York, said in a statement. Mr Santos pleaded not guilty to the charges and was released on a $500,000 bond following his arraignment, which lasted for around 15 minutes. His lawyer said that the congressman surrendered his passport to the court. Mr Santos could face up to 20 years in prison if convicted. Read More Here are the 13 counts New York Rep. George Santos faces George Santos pleads not guilty to duping donors, stealing campaign cash to burnish wealthy image George Santos pleads not guilty to 13 charges – live

When Indiana Jones tells Marion Ravenwood "Trust me" in "Raiders of the Lost Ark," she tries to punch him in the face (again). Writers striking against the major studios have a pretty good idea how she felt. Because when studios say, "Trust us," Hollywood's talent has a long history that explains why they don't.

He is accused of laundering funds, lying to Congress and illegally receiving unemployment benefits.