Billions in coronavirus relief may have been sent to scammers, watchdog says
A Small Business Administration program intended to keep entrepreneurs afloat during the coronavirus pandemic may have sent billions of dollars to scammers and ineligible applicants, according to a new watchdog report.
US states face biggest cash crisis since the Great Depression
The drop in tax revenue has led to a total shortfall expected in the hundreds of billions of dollars
Microsoft says Iranian hackers targeted conference attendees
Microsoft says Iranian hackers have posed as conference organizers in Germany and Saudi Arabia in an attempt to break into the email accounts of “high-profile” people with spoofed invitations.
Oxford, AstraZeneca vaccine shows promising immune response in older adults
The vaccine, now in late-stage human trials aimed at showing its efficacy and safety, is a front-runner in the global sprint for a shot to protect lives and jump-start economies hobbled by the pandemic.
Ex-Disney CFO claims couple is squatting in his $2.2M Connecticut mansion
A former Disney CFO says a couple used a legal loophole to squat in his $2.2 million Connecticut mansion — but the couple claims the castle was far from the fairytale promised.
Trump admin touts signing up 700 state and local leaders for 'drain the swamp' initiative in 1 year
The administration touts Arizona Gov. Doug Ducey, Florida Gov. Ron DeSantis and Idaho Gov. Brad Little as champions of deregulation.
Virginia man used coronavirus crisis loans to purchase small plane, luxury car: Federal prosecutors
A man in Virginia lied to obtain $2.5 million in loans that were meant to help keep people employed during the coronavirus pandemic he later used to purchase a luxury car and his own airplane, according to prosecutors.
OxyContin maker Purdue Pharma agrees to plead guilty in $8B opioid settlement
OxyContin maker Purdue Pharma has agreed to plead guilty to three federal criminal charges as part of a settlement of more than $8 billion, Justice Department officials announced Wednesday.
Justice Department files long-awaited antitrust suit against Google
The Justice Department filed an antitrust lawsuit Tuesday alleging that Google engaged in anticompetitive conduct to preserve monopolies in search and search-advertising that form the cornerstones of its vast conglomerate, according to senior Justice officials.
Biden election win could decide fate of Consumer Financial Protection Bureau
WASHINGTON - A decade-long Republican campaign to weaken the U.S. consumer watchdog’s independence is set to backfire if Democrat Joe Biden wins the presidential election, by handing him the power to swiftly replace the agency’s director with a consumer champion, nearly a dozen lawyers, lobbyists and policy experts said.
British Airways slapped with $25.9M fine in UK for 2018 cyberattack affecting 400,000+
A UK information commission has slapped British Airways with a fine of more than $25.9 million fine allegedly failing to protect roughly 400,000 employees’ customers’ personal information prior to a cyberattack in 2018.
Shares of gunmakers gain as Biden's lead grows
Shares of gun makers have been gaining ground as Democratic candidate Joe Biden leads polls, and if he wins the presidential election in November there are expectations of a renewed surge in gun sales that could drive shares even higher.
Trump slams Cuomo's coronavirus, crime response in New York
President Trump on Thursday slammed New York Gov. Andrew Cuomo for his handling of the novel coronavirus in the state and called him “incompetent” while also noting that crime in certain parts of the state has risen as high as 250 percent in recent months.
Pilgrim’s Pride reaches plea deal with Justice Department on chicken price-fixing allegations
A Justice Department spokeswoman confirmed that the department's antitrust division has entered into a plea agreement with Pilgrim's.
Regeneron gets approval for 1st Ebola virus treatment
Regeneron's treatment is a combination of three antibodies that work by killing the virus
Joe Biden's alleged links to Burisma 'as damaging as can be,' Giuliani says
President Trump’s personal attorney Rudy Giuliani slammed Democratic presidential nominee Joe Biden on Wednesday in the wake of bombshell emails leaked by the New York Post, calling the revelation “as damaging as can be.”
Varney: Why the WHO warning on coronavirus lockdowns matters for the presidential race
President Trump is leading us out of lockdowns. Joe Biden is leading us towards lockdowns.
Why Disney world is open but Disneyland is closed
California and Florida have adopted different approaches to reopening their economies during the pandemic, and Disney has been straddling alternative paths with diverging outcomes.
Amtrak tells Congress it needs $4.9B bailout to avoid service cuts, layoffs
Amtrak says it needs $4.9 billion from the federal government to avoid maintenance and jobs cuts.
Justice department sues Yale University over admissions practices
The Justice Department filed a lawsuit Thursday against Yale University, alleging the school violated federal civil-rights law by discriminating against Asian-American and white applicants in undergraduate admissions.