List of All Articles with Tag 'cs'

Extreme heat will generate about $1 billion in health care costs every summer as more people get rushed to the emergency room or admitted to the hospital to treat temperature-related conditions, a recent study found.

The Securities and Exchange Commission announced that it had settled fraud charges with the financial firm tied to former president Donald Trump’s Truth Social platform, Street Insider reported. The SEC had accused Digital World Acquisition Corporation (DWAC), a special purpose acquisition company, of making material misrepresentations in forms it filed with the SEC as part of its initial public offering and its proposed merger with Trump Media & Technology Group Corp (TMTG), which Mr Trump founded. DWAC had misled both the SEC and investors when it failed to disclose that it had formulated a plan to acquire and was pursuing the acquisition of TMTG. Special purpose acquisition companies are meant to identify and acquire operating businesses. But the SEC said in the forms DWAC filed to support its IPO in September 2021, neither it nor its officers had said it had discussions with any target companies before its IPO. But the SEC’s order found that the person who would become DWAC’s chief executive and board chairman, along with other people, had extensive special purpose acquisition company meetings with Mr Trump’s company, and that the executive had pursued talks with TMTG for another special purpose acquisition company he created. In turn, the SEC called DWAC’s Form S-1 false and misleading. “DWAC failed to disclose its discussions with TMTG and failed to disclose a material conflict of interest of its CEO and Chairman,” Gurbir S Grewal, the director of the SEC’s enforcement division. “In the context of a SPAC – a ‘blank-check’ entity without business operations – these disclosure failures are particularly problematic because investors focus on factors such as the SPAC’s management team and potential merger targets when making financial decisions.” The SEC said that DWAC violated antifraud provisons of security laws. It had previously announced that it would pay an $18m settlement in the event it closes a merger transaction and it would sign a cease and desist order. Last month, federal authorities arrested Michael Shvartsman, Gerald Shvartsman and Bruce Garelick and the three were named in an unsealed federal indictment. The all pleaded not guilty to insider dealing at a court in New York City this month. Read More Truth Social’s merger partner reaches $18m settlement with SEC

The World Cup that kicked off this week in Australia and New Zealand is a time to rejoice in the dominance of American women in international sports.

Donald Trump could be indicted by a grand jury investigating his efforts to overturn the 2020 election and the January 6 Capitol riot by Friday. The Independent learned that a possible indictment could be handed down as soon as this week, charging the former president in his third criminal case. Mr Trump announced on Tuesday that he had been sent a letter by special prosecutor Jack Smith informing him that he is the “target” of a grand jury investigation. The target letter cites three statutes under which he could be charged including conspiracy to commit offence or to defraud the United States, deprivation of rights under colour of law and tampering with a witness, victim or informant, multiple outlets reported. William Russell, a former White House aide who now works for the Trump presidential campaign and spent much of January 6 with the then-president, is believed to have testified before the grand jury on Thursday. The former president was given until today to report to the Washington, DC, federal courthouse but with a midnight deadline is not expected to appear. Instead, he shared a fan video on Truth Social with a threatening mob boss feel using audio featuring an expletive and lifted from comments he made in 2020 on Iran. Read More Donald Trump brands US a ‘third-world hellhole’ run by ‘perverts’ and ‘thugs’ Ron DeSantis campaign fires staff as Florida governor trails Trump in the polls Fundraising takeaways: Trump and DeSantis in their own tier as Pence and other Republicans struggle RFK Jr revives antisemitic conspiracy theory that Covid-19 was ‘ethnically targeted’ to spare Jewish people

The outspoken US senator Kyrsten Sinema has, along with other American lawmakers, attempted to get in on the Barbenheimer meme craze, with mixed results. If you've spent any time on the internet in the past few months, you'll no doubt have noticed a lot of memes about the movies Barbie and Oppenheimer, which you might have heard are being released on the exact same day (July 21st). Sign up to our free Indy100 weekly newsletter Inevitably, all memes end up jumping the shark and this has now happened with Barbenheimer with several politicians getting in on the trend including Sinema. The controversial figure, who was once a Democrat representing the state of Arizona before becoming an independent in December 2022. On Thursday on the eve of the release of Christopher Nolan and Greta Gerwig's respective films, she tweeted: "Get you a Senator who can do both. #Barbenheimer." This was accompanied by a colour picture of her wearing a bright pink dress and a black and white picture of herself, thus representing the aesthetics of the two movies. Unfortunately for the 47-year-old her attempt at the meme didn't go down too well thus reflecting Sinema's overall popularity in the United States. Sinema wasn't alone, as many other Senators attempted their own Barbenheimer memes including John Fetterman and Ben Cardin. Nice effort folks but we doubt it'll make Margot Robbie's favourite meme list. Have your say in our news democracy. Click the upvote icon at the top of the page to help raise this article through the indy100 rankings.

Tucked into a narrow tree line on Ukraine's southern front, a young Ukrainian soldier wearing an American flag patch talks about how frightening it was the first time his team assaulted the densely mined Russian positions in the offensive launched a month ago.

U.S. railroad operator CSX Corp missed Wall Street estimates for second-quarter revenue on Thursday, hit by a decline

GOP Sen. Chuck Grassley of Iowa on Thursday released an internal FBI document containing unverified allegations President Joe Biden was involved in an illegal foreign bribery scheme.

As anticipation builds for former President Donald Trump to be indicted for the third time this year, investigators in the special counsel's election interference probe are expected to speak with additional witnesses over the next several weeks, including at least one former Trump attorney.

JERUSALEM (Reuters) -Israeli Prime Minister Benjamin Netanyahu on Thursday said efforts to reach consensus on a judicial overhaul bill were

China-based hackers breached the email account of US Ambassador to China Nicholas Burns as part of a recent targeted intelligence-gathering campaign, three US officials familiar with the matter told CNN.

The US Army Secretary emphasized Thursday that the service is "not going to lower our standards" despite ongoing challenges with recruiting.