Investigators in Gilgo Beach case operating on theory that the killings occurred in suspect's home
Since the spring of this year, investigators looking into the Gilgo Beach serial killings case have been operating on the theory that the suspect, Rex Heuermann, committed the killings in his home in Massapequa Park, New York.
2023-07-21 06:52
Extreme heat will drive up health care costs by $1 billion each summer, study finds
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.
2023-07-21 06:49
Top five players to watch in MLS Next Pro - ranked
Five upcoming players to watch and keep an eye on in MLS NEXT Pro.
2023-07-21 06:49
SEC announces settlement with merger partner of Trump’s Truth Social app
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
2023-07-21 06:29
The ever-evolving debate over women playing sports
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.
2023-07-21 06:29
US FTC withdraws case against Microsoft-Activision deal before internal agency judge
WASHINGTON The U.S. Federal Trade Commission on Thursday withdrew the agency's case before an in-house judge that sought
2023-07-21 06:23
Trump, Biden campaigns spar over support of UAW workers, EV mandates
By David Shepardson WASHINGTON Donald Trump on Thursday urged the United Auto Workers union to back his campaign,
2023-07-21 06:21
Paul Bernardo: Canadian serial killer to remain in lower security prison
The move to shift Paul Bernardo to a lower-security prison sparked outrage in Canada.
2023-07-21 06:16
Famed US hacker Kevin Mitnick dies aged 59
America’s “most wanted” hacker reinvented himself as a cybersecurity consultant after time in prison.
2023-07-21 05:59
2024 will probably be hotter than this year because of El Niño, NASA scientists say
We haven't even seen the worst of El Niño, NASA scientists said, and next year will likely be even warmer for the planet.
2023-07-21 05:54
Dallas Police arrest suspected serial killer they believe murdered three women
Dallas police have arrested a man they believe killed three women whose bodies were found over three months in the city. Oscar Sanchez Garcia, 25, was charged with two counts of murder in the deaths of Kimberly Robinson, 60, and an unidentified woman, according to the Dallas Police Department. He is also the main suspect in the slaying of a third woman, Cherish Gibson, 25. Mr Sanchez Garcia is being held on a $4m bond at the Dallas County Jail.
2023-07-21 05:52
Marketmind: Fragile Friday as big tech finally falters
By Jamie McGeever A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist.
2023-07-21 05:52
