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Former tech CEO gets home confinement for admissions bribe BOSTON — A former tech executive was sentenced Monday to one year of home confinement for paying $300,000 to bribe his son's way into Georgetown University as a tennis recruit, even though the son did not play tennis. Support our journalism.
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Exxon briefly dethroned as America's most valuable energy company Trump approves Oracle, Walmart deal for TikTok. New York (CNN Business) The clean energy revolution just hit another major milestone. Solar and wind company NextEra Energy dethroned ExxonMobil as America's most valuable energy company.
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US indicts anti-virus software creator John McAfee for tax evasion (Reuters) - Federal prosecutors unsealed an indictment on Monday against John David McAfee, creator of the eponymous anti-virus software, over charges that he evaded taxes and willfully failed to file tax returns. Slideshow ( 2 images ). The U.S. Justice ...
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Former Bridgewater Co-CEO Eileen Murray Settles Pay Dispute With Hedge Fund The suit, filed in Connecticut federal court, said Bridgewater claimed she had forfeited her right to her deferred compensation by disclosing the existence of the dispute to Finra, a regulatory agency she now chairs. Ms. Murray had been one of the highest-ranking ...
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Misleading ads for asthma, weight loss meds garner warning letters Emails from an executive and sales staff falsely touted an inhaled steroid preparation as a treatment for COVID-19, prompting a warning from the branch of the US Food and Drug Administration (FDA) that oversees drug promotion. This communication ...
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Waldorf Astoria Will Auction Off Thousands Of Historic Pieces The iconic Waldorf Astoria Hotel on New York City's Park Avenue will auction off thousands of its furnishings starting Oct. 17 amidst a $1 billion, multi-year renovation that began after the hotel was purchased by China's Anbang Insurance Group in 2015 for ...
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Southwest Airlines CEO looks to concessions, not layoffs, if Congress balks on more aid With no new federal stimulus in sight, Southwest Airline's chief announced management pay cuts and said he will seek to negotiate concessions from workers to avoid layoffs. In saying he believes the airline can navigate the crisis without furloughs, CEO Gary ...
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Drug Combo Approved for First-Line Treatment of Mesothelioma MONDAY, Oct. 5, 2020 (HealthDay News) -- On Friday, the U.S. Food and Drug Administration announced the approval of a drug combination for first-line treatment of unresectable malignant pleural mesothelioma (MPM) -- the first drug regimen to be ...
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Trader Joe's to open South Bend grocery store SOUTH BEND, Ind. (WNDU) - A Trader Joe's grocery store is coming to Eddy Street Commons in South Bend. "Trader Joe's will anchor the south end of Eddy Street Commons and provide what focus groups over the years have said was most desired in the ...
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First drive: The Volkswagen ID.4 elecric SUV is futuristic, but familiar The Volkswagen ID.4 is the latest electric car to pose the question: "If we build them, will they come?" So far, the answer to that has been a resounding "yes!" At least when the "we" is Tesla. Other automakers have yet to find the same level of success. The ID.4 ...
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The J Balvin Meal Is The Latest Celebrity Meal At McDonald's, And The Internet's Reaction Is Already Hilarious Available Oct. 5 through Nov. 1, the J Balvin Meal features the award-winning singer's favorites from the McDonald's menu: a Big Mac, medium fries with ketchup, and an Oreo McFlurry.
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Owners of Westin Cleveland Downtown, already mired in FBI probe, face mortgage foreclosure lawsuit CLEVELAND, Ohio – The owners of the Westin Cleveland Downtown – currently mired in an FBI investigation into whether they helped launder money through the purchase of real estate in the U.S. – are now facing a foreclosure lawsuit for the hotel.
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Novant gets approval on $5.3 billion New Hanover hospital deal. State AG still has to sign off. Novant Health Inc.'s $5.3 billion offer to purchase New Hanover Regional Medical Center received final approval Monday from the New Hanover Board of Commissioners. The commissioners voted 4-1 on the sale of the 59-year-old health-care system.
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One of Austin's weirdest homes hits market for $2.2 million An iconic piece of architecture that's shaped in the form of mushroom is now on the market near Austin, Texas for $2.2 million. Grossman & Jones Group. If only the curvilinear walls of the "Sand Dollar Home" or "Mushroom Home" could talk. An iconic piece of ...
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Movie theaters 'at a crisis point' as Regal shutdown dampens recovery hopes LOS ANGELES — As the COVID-19 pandemic raged on this past summer, theater companies scrambled to prepare for the chance to reopen. They hammered out extensive cleaning protocols and hired back workers with hopes that movies would return to the ...
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UPDATE: Stocks jump on stimulus hopes, Trump's hospital departure Wall Street rallied Monday as hopes for economic aid from Washington helped it recover all its knee-jerk losses after learning President Donald Trump tested positive for the coronavirus. The S&P 500 jumped 60.16 points, or 1.8%, to 3,408.60 amid ...
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Mayor: New investment helping border recover from economic blow of COVID-19 New distribution centers, push to bring manufacturing operations from China will provide relief to workers torched by coronavirus-related layoffs, officials said. by: Julian Resendiz. Posted: Oct 5, 2020 / 06:02 PM CDT / Updated: Oct 5, 2020 / 06:02 PM CDT.
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A potential change for rooftop solar rates and what's at stake SALT LAKE CITY — Rooftop solar advocates, ahead of a Monday marathon hearing in which more than 150 people are expected to provide input, say a proposal by Rocky Mountain Power to cut its compensation rates will end the booming renewable energy ...
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Nvidia intros new Ampere GPUs for visual computing Nvidia on Monday unveiled its latest batch of technology focused on the areas of graphics, AI, enterprise and edge computing, robotics, and remote collaboration. The company, which is holding its virtual GTC 2020 event this week, introduced a cloud ...
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Small businesses await clarity before applying for PPP loan forgiveness The uncertainty surrounding the health of the president and several members of Congress has implications for this COVID-19 economy — especially when it comes to the next round of stimulus and the future of the Paycheck Protection Program, which was ...
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Bar stools, beer taps, patio furniture: Faneuil Hall Cheers auction is Tuesday More than 350 items from the now-closed Cheers bar at Faneuil Hall Marketplace are set to be sold off Tuesday during an online auction that will include bar stools, paper napkins, kitchen equipment, and various memorabilia. While an opportunity for ...
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New center in north St. Louis County provides education and workforce development opportunities ST. LOUIS COUNTY, Mo. — There's a new center in north St. Louis County and it'll help provide higher education and workforce development opportunities. The new center was made possible by Harris-Stowe State University and the Community Impact ...
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Toyota Adds to Hydrogen Bet With N. American Fuel-Cell Semi Toyota Motor Corp. plans to develop a hydrogen-fuel-cell-powered big rig for the North American market with its subsidiary Hino Motors Ltd. Toyota said Monday it will provide fuel-cell technology and its truck unit will supply the chassis based on its new XL ...
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Uber, Lyft spend big in Calif. to oppose gig worker law Uber Technologies Inc. and Lyft Inc. together are spending nearly $100 million on a November California ballot initiative to overturn a state law that would compel them to classify drivers as employees. That sum looks less huge, however, than the potential ...
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More than 16K New Orleans residents are without power, Entergy says Tens of thousands of residents were without power across the city of New Orleans on Monday evening, according to Entergy's website. The utility company's outage map showed more than 16,000 customers experiencing power outages around 6 p.m. ...
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The Best Prime Day deals 2020 Even though Prime Day is later than usual this year, on Oct. 13 and 14, Amazon's still doling out droves of deals. Generally, you can expect to find discounts on Amazon devices—the retail behemoth just announced a slew of new ones—and past Prime Days ...
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Cisco hit with $1.9B judgment for 'willful and egregious' patent infringement Cisco Systems Inc. was hit Monday with a $1.9 billion judgment in a 2018 patent infringement suit filed by Centripetal Networks, a small cybersecurity firm in Virginia. The judgment found for Centripetal in four of Centripetal's patent claims. A fifth claim related ...
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September resulted in 'toughest market to buy a house in Denver metro's history' Low inventory and high competition have been staples of the Denver-area housing market since it rebounded in early summer. The market continued to break records in those categories last month, when the number of active listings dipped to its lowest point ...
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2021 Jaguar XF First Look: A Little Bit XJ With the XJ out of the picture (for now), the 2021 Jaguar XF adopts some of the swagger of Jag's former flagship sedan. 2021 Jaguar XF First Look 29. filter See all 29 photos. Nick YekikianAuthor. Oct 5, 2020. Although we love the current Jaguar XF's sharp ...
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Facebook Is Set to Fight Calls to Undo WhatsApp, Instagram Deals Facebook has a clear response for regulators and legislators who want the company to hit the undo button on the acquisitions of WhatsApp and Instagram: No. According to The Wall Street Journal, Facebook's attorneys have drafted a 14-page strategy ...
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US service industries expand more than forecast on orders U.S. service industries expanded in September by more than forecast as faster growth in new orders and a pickup in employment pointed toward a better pace of economic recovery. The Institute for Supply Management's services index, which represents ...
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JPMorgan says Biden victory could mark a stock market shift A victory of Democratic nominee Joe Biden in the U.S. presidential election could herald the start of a rotation toward parts of the equity market that have been left behind by the rally, according to strategists at JPMorgan Chase & Co. "We need to get through ...
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Candy ad spend decreases 19% while product sales increase before Halloween The number of candy ads with Halloween messaging has increased by 17% for month-to-date this year from 2019, but advertisers have spent 19% less in the candy category compared to the previous year, per a press release by market researcher Numerator ...
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Entergy Arkansas customers in solar program to save $60 million Entergy Arkansas customers in the utility's solar energy program are expected to save $60 million over the next almost 19 years, according to a news release on Monday (Oct. 5). The utility announced the projected savings for customers across the state who ...
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Mortgage Outlook: A Pre-Election Pause for October Rates? Mortgage rate trends have been predictable in October in recent presidential election years: Rates stood still as the mortgage industry held its breath, awaiting the result of the balloting. That has been the pattern in the run-ups to the last two elections. In 2016 ...
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Here's why Minneapolis employers need health insurance innovation Amid a pandemic, it's easy to feel more change is the last thing companies and employees need — the status quo can feel comfortable. Some argue that now is the wrong time for employers to offer new health benefits. That perspective is fine if the current ...
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Mexico has a new security force to guard a growing source of cartel income The first members of new security force meant to guard Mexico's mines graduated from a special training course at the end of September. Foreign-run gold and silver mines have long been targeted by Mexican criminal groups for extortion, and in recent years ...
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