New Mexico congressman in swing district seeks health care trust for oil field workers
A bill aimed at compensating oil field workers and immediate relatives for uninsured medical costs related to air-pollution and heat-related illness has been introduced by a first-term congressman from New Mexico
2023-08-17 09:56
L'Oreal boosts sales despite Asia disappointment
French beauty products giant L'Oreal said Thursday it managed double-digit revenue growth in the first half of the year although...
2023-07-28 01:52
Cargo ship crash - latest: Body found and four still missing after British boat sinks in North Sea
One person has died and four are still missing off the coast of Germany after a British cargo ship collided with another boat in the North Sea. The ships, Polesie and Verity, collided in the early morning about 14 miles south-west of the island of Helgoland, Germany’s Central Command for Maritime Emergencies said. German authorities say four people remain missing and two have been rescued. Verity was headed from Bremen, Germany, to the English port of Immingham. The other ship, the Bahamas-flagged Polesie, remained afloat with 22 people on board. A P&O crusie called the Iona which was travelling from Hamburg is helping with the urgent rescue mission as German officials confirmed te According to reports, people on board were panicked when there was an announcement at 6am this morning alerting customers to the incident. A spokesperson for P&O Cruises said: “P&O Cruises Iona is currently involved in a search and rescue operation off the coast of Germany. “The incident is ongoing and Iona’s cooperation complies with international maritime law as well as being consistent with the company’s moral and legal obligations.” The emergency command said one person was rescued from the water and was being given medical treatment.
2023-10-24 19:16
Wong, Verdugo get consecutive RBI doubles, push Red Sox past Yankees 6-2 in DH opener
Connor Wong and Alex Verdugo hit consecutive RBI doubles off the Green Monster with two outs in a three-run sixth inning and the Boston Red Sox beat the New York Yankees 6-2 on Sunday in the opener of a split doubleheader
2023-06-19 04:49
US auto sales hint slowdown as economic woes weigh - S&P Global Mobility
(Refiles to remove an extraneous paragraph) (Reuters) -U.S.-light vehicle sales are expected to remain steadfast in August but are showing
2023-08-28 21:28
Traders bet slowing inflation will let Fed pause after July hike
Inflation is slowing fast enough to allow the Federal Reserve to stop tightening U.S. monetary policy after what
2023-07-12 20:58
Gift the Joy of Donuts with Dunkin’®: “Free Donut Wednesdays” Return with the Debut of the Holiday Menu
BOSTON--(BUSINESS WIRE)--Nov 1, 2023--
2023-11-01 18:21
Billionaire Joe Lewis pleads not guilty to insider trading in schemes involving girlfriend and private pilots
Joe Lewis, the British billionaire and long-time majority stakeholder in Tottenham Hotspur, pleaded not guilty in New York on Wednesday to charges of insider trading. The previous day, federal officials said the investor “abused his access to corporate boardrooms” and carried out a series of “brazen” instances of financial misconduct, sharing insider information with friends, employees, and former romantic partners. He’s charged with 16 counts of securities fraud and three counts of conspiracy, Reuters reports. “That’s classic corporate corruption,” US attorney Damian Williams said in a video statement on Tuesday. “It’s cheating, and it’s against the law.” Attorneys for the billionaire said he plans to fight the charges. “The government has made an egregious error in judgment in charging Mr Lewis, an 86-year-old man of impeccable integrity and prodigious accomplishment,” David M Zornow said in an email statement to The Independent on Tuesday. “Mr Lewis has come to the US voluntarily to answer these ill-conceived charges, and we will defend him vigorously in court.” In a hearing on Wednesday before US magistrate Judge Valerie Figueredo in Manhattan following Mr Lewis’s early-morning arrest by the FBI, new details about the case against the businessman came to light. As part of a $300m bond, Mr Lewis was ordered to surrender his mega-yacht, the Aviva, as well as his private aircraft. He will now be barred from international travel as the case proceeds. Officials also accused two of his pilots, Patrick O’Connor of New York and Bryan Waugh of Virginia, of profiting off illegal tips from Mr Lewis. Both men have pleaded not guilty, and their lawyers declined requests to comment from Reuters. Prosecutors allege Mr Lewis lent the men $500,000 each in 2019, encouraging them to buy stock in an oncology company in which the billionaire had invested. Mr O’Connor allegedly texted a friend “the Boss has inside info”, a seeming reference to a tip that the billionaire allegedly passed on that the company was about to announce promising clinical results. After the company announced the news, the shares the pilots allegedly bought leapt by 16.7 per cent, and prosecutors allege one of the men labeled a payment to Mr Lewis “loan payback” and listed the company’s stock symbol. In an accompanying civil case, the Securities and Exchange Commission accused Mr Lewis, the pilots, and the billionaire’s former girlfriend Carolyn Carter of insider trading. Officials allege that in 2019, Mr Lewis told Ms Carter about a biotech company that was about to raise capital and potentially increase its share price, even though he was bound by a confidentiality agreement. She then allegedly bought $701,000 in the company, earning a $172,000 on her investment. The Independent has contacted Ms Carter for comment. “When insiders like Lewis take advantage of their access to such information, it erodes public trust and confidence in the fair and efficient operation of our markets,” SEC enforcement director Gurbir Grewal said in a statement. “That’s why we will continue to use all the tools at our disposal to hold accountable those who abuse their positions for personal benefit and the unlawful enrichment of others.” Tottenham Hotspur told The Independent, “This is a legal matter unconnected with the club and as such we have no comment.” Mr Lewis ceased to be a "person with significant control" of the Premier League club last year, following a "reorganisation of the Lewis Family Trusts,” the club said, according to Sky News. He bought a controlling stake in the Premier League club from Lord Alan Sugar in 2001 for £22m. Mr Lewis owns the Tavistock Group, which owns more than 200 assets across 13 countries, including Tottenham Hotspur and UK pub operator Mitchells & Butlers, according to Sky News. The 86-year-old is worth an estimated $6.1bn and lives in the Bahamas, according to Forbes. Read More Who is Joe Lewis? The secretive billionaire Tottenham owner charged with insider trading UK billionaire Joe Lewis, owner of Tottenham soccer team, charged with insider trading in US Football rumours: Tottenham owner tells chairman to sell Harry Kane
2023-07-27 07:46
Tribal nations face less accurate, more limited 2020 census data because of privacy methods
A majority of Native American tribes won't get the full suite of detailed demographic data from the 2020 census they had in the previous census
2023-09-09 12:16
The 2023 Atlantic hurricane season is now underway. Here's what to know.
It’s time for residents along the southeastern U.S. coastline to get plans in place as the 2023 Atlantic hurricane season gets underway on Thursday
2023-06-01 18:25
Russia says Moldova's president is a 'disgrace'
MOSCOW Russia said on Thursday that Moldova's pro-European president, Maia Sandu, was a disgrace and accused the Moldovan
2023-11-02 18:59
Jill Biden hosts military chefs crowned 'Chopped' champs for guest stint in White House Navy Mess
Two military chefs crowned champions on the Food Network's “Chopped” have been cooking up their specialties in the White House Navy Mess
2023-07-01 04:51
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