
Auto Show opens as Detroit weighs possible strike
The Detroit Auto Show, normally a cheery showcase of latest models from the three legacy US car giants, is taking second fiddle this year to a looming auto...
2023-09-13 14:29

Kylie Minogue 'plans to party' in Las Vegas
Kylie Minogue has revealed that she can't wait to have some fun in Las Vegas.
2023-09-24 15:21

Ashton Kutcher and Mila Kunis say they're 'aware' their letters on behalf of Danny Masterson caused pain
Ashton Kutcher and Mila Kunis have shared a video in which they said they are "aware of the pain" they caused by writing letters on behalf of Danny Masterson ahead of his rape conviction sentencing.
2023-09-10 18:48

Inflation in Tokyo slows in May, but key gauge hits four-decade high
By Takahiko Wada and Leika Kihara TOKYO (Reuters) -Core consumer inflation in Japan's capital slowed in May, but a key
2023-05-26 10:28

Canada jobs, wage gains blow away expectations, up chances for rate hike
By Ismail Shakil, Steve Scherer and Nivedita Balu OTTAWA (Reuters) -Canada's economy more than tripled expectations by adding 63,800 jobs
2023-10-06 21:47

South Africa’s Ramaphosa Plans Call With China’s Xi Amid Furor Over Putin Warrant
South African President Cyril Ramaphosa will hold talks with Chinese leader Xi Jinping as Pretoria considers switching the
2023-06-09 14:19

Jim Jordan repeatedly pushed false stolen election rhetoric in lead up to January 6
In the months leading up to and following the 2020 presidential election, potential House speaker and Ohio Rep. Jim Jordan prolifically pushed false stolen election rhetoric.
2023-10-09 20:55

Fortnite OG Season 7 Countdown
Here's the Fortnite OG Season 7 countdown to see how much longer until the next Fortnite OG update drops on Nov. 16, 2023, at 9 a.m. ET.
2023-11-15 03:46

Israel Latest: US Strikes Iran-Linked Targets in Eastern Syria
The US conducted airstrikes in eastern Syria on targets linked to Iran, Defense Secretary Lloyd Austin said, while
2023-11-13 13:17

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

Whales and dolphins in American waters are losing food and habitat to climate change, US study says
A first-of-its-kind assessment says whales, dolphins and seals living in U.S. waters face major threats from the warming ocean temperatures, rising sea levels and decreasing sea ice associated with climate change
2023-10-06 13:27

JPMorgan cuts nearly 40 investment bankers in US - source
By Nupur Anand NEW YORK JPMorgan Chase & Co is cutting nearly 40 investment bankers in the U.S.,
2023-06-24 07:15
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