Andorra country profile
Provides an overview of Andorra, including key dates and facts about this European country.
2023-05-19 20:25
What the chaos at Twitter means for the future of social movements
Twitter has been a powerful tool for social movements. But since Elon Musk acquired the platform last year, some organizers and digital media experts have been bracing for the impact that his controversial policy changes and mass layoffs may have on social activism.
2023-06-11 17:23
Taliban orders beauty salons in Afghanistan to close despite UN concern and rare public protest
The Taliban says all beauty salons in Afghanistan must now close as a one-month deadline ended, despite rare public opposition to the edict
2023-07-26 09:57
US Treasury market debate around hedge fund collateral intensifies
By Davide Barbuscia and Carolina Mandl NEW YORK As U.S. regulators ready rules that would push more trading
2023-11-21 20:24
Clock ticking as the Tennessee Titans look for a new kicker once again
The clock is ticking for the Tennessee Titans to find a new kicker yet again
2023-08-29 04:18
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
Premier League LIVE: Harry Kane fee agreed with Bayern Munich plus latest team news
Tottenham Hotspur and Bayern Munich have finally reached an agreement over the transfer fee for Harry Kane after a summer of back and forth. According to The Athletic’s David Ornstein, a proposal from the Bundesliga side believed to be worth more than €100m (£86.4m) was accepted by Spurs on Wednesday. The England captain will now have to decide whether he wants to stay in north London or move to the German giants. Meanwhile, Premier League managers are preparing for the new campaign that gets underway on Friday evening with a number of their final pre-season press conferences scheduled for Thursday to provide all-important team news. Fans who are finalising their Fantasy Premier League line-ups will be eagerly anticipating updates as the likes of Pep Guardiola at Manchester City, Vincent Kompany at Burnley, Sean Dyche at Everton and Steve Cooper at Nottingham Forest all speak to the world’s press today. Elsewhere, the transfer carousel continues to spin with news that West Ham and Monaco are emerging as main competitors for Folarin Balogun as they are currently the only two clubs capable of meeting Arsenal’s £40m-plus asking price. The young striker’s preference had been to go to one of the Milan clubs, with Inter looking likeliest, but the Champions League finalists cannot get close to the fee. Follow all the latest news below: Read More Fantasy Premier League: 30 players you must consider for 2023/24 season West Ham enter race for Folarin Balogun as Arsenal set transfer price Chelsea make Moises Caicedo breakthrough over structure of Brighton transfer
2023-08-10 17:46
Exclusive: Feds scramble to track migrants who crossed US southern border with help of smuggler with ties to ISIS
The FBI is investigating more than a dozen Uzbek nationals allowed into the US after they sought asylum at the southern border with Mexico earlier this year, a scramble set off when US intelligence officials found that the migrants traveled with the help of a smuggler with ties to ISIS, according to multiple US officials.
2023-08-29 19:21
Federal judge slams Supreme Court in gun case while reluctantly ruling in favor of convicted felon
A federal judge in Mississippi ruled in favor of a convicted felon in a gun case on Wednesday while simultaneously slamming a recent landmark Second Amendment decision that expanded gun rights and changed the framework lower courts must use as they analyze firearm restrictions.
2023-06-30 07:26
People are spending more on groceries. But they're buying less
The past few months of robust grocery store sales would suggest that shoppers aren't stretched for cash. But that's not the full story.
2023-06-06 19:47
What is the most points scored in an NFL game?
NFL fans love a high-scoring game, but what is the most points scored in an NFL game, both by one teeam and by both teams combined?
2023-09-25 04:56
Absent Ryder Cup veterans 'missing being here', says McIlroy
Rory McIlroy on Wednesday said European stalwarts absent from this week's Ryder Cup in Rome after joining LIV Golf will be "missing being here...
2023-09-27 16:57
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