Latest in In closing remarks, prosecutor says Frank founder lied to JPMorgan Chase to secure $175 million deal
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In closing remarks, prosecutor says Frank founder lied to JPMorgan Chase to secure $175 million deal
A prosecutor says a Florida woman engaged in a “brazen fraud” by selling her student aid startup to JPMorgan Chase & Co. for $175 million after dramatically exaggerating its customer baseABC News - 5d -
Charlie Javice Found Guilty of Defrauding JPMorgan in $175 Million Acquisition
Federal prosecutors convinced a jury that Ms. Javice, along with one of her executives, had faked much of her customer list before selling her start-up, Frank, to the bank.The New York Times - 3d -
Charlie Javice, Founder of Startup Bought by JPMorgan, Found Guilty at Fraud Trial
Her lawyer told the jury that the bank had buyer’s remorse and claimed fraud to get out of the deal.Inc. - 3d -
Trump Says TikTok Deal Will Be Secured Before Saturday Deadline
The video-sharing app has an April 5 deadline to secure a non-Chinese buyer or otherwise face a national ban.Inc. - 12h -
United Microelectronics shares close up 9% on report of potential GlobalFoundries deal
The combined entity would aim to secure American access to mature chips amid potential risks from China competition and tensions between China and Taiwan.CNBC - 10h -
Garrett Crochet agrees to $170 million, 6-year deal with Red Sox, AP source says
Ace left-hander Garrett Crochet has agreed to a record-breaking $170 million, six-year contract with the Boston Red Sox, according to a person familiar with the negotiations. The contract kicks in ...Yahoo Sports - 5h -
Stanford find Troy Taylor replacement, hires NFL veteran Frank Reich to one-year deal as interim head coach
Stanford came to a unique agreement with Frank Reich for the 2025 season.Yahoo Sports - 16h -
What riders said after Seattle Supercross: 'It was mano-a-mano with Chase and me at the end'
Cooper Webb passed Chase Sexton in the closing laps of Round 11 and reestablished his 2025 dominance.Yahoo Sports - 7h -
Gabbard, Ratcliffe 'lied repeatedly' about Signal chat messages, Bennet says
Sen. Michael Bennet (D-Colo.) said on Sunday that Director of National Intelligence Tulsi Gabbard and CIA Director John Ratcliffe “lied repeatedly” about messages in a Signal group chat in which ...The Hill - 1d -
Wisconsin teen killed mother and stepfather and lived with corpses for weeks, prosecutors say
A Wisconsin teenager has been charged with murdering his mother and stepfather, accused of living with their corpses for two weeks and taking video with at least one of their bodies, prosecutors said.NBC News - 10h -
Stanford hires Frank Reich as interim football coach, AP source says
Stanford has hired former NFL head coach Frank Reich as the interim football coach following the firing of Troy Taylor, a person familiar with the move told The Associated Press. Football program ...Yahoo Sports - 16h -
Prosecutors say Minnesota man accused of hiding stolen ruby slippers from 'The Wizard of Oz' is dead
A federal judge has dismissed the charges against a Minnesota man accused of hiding a stolen pair of ruby slippers that Judy Garland wore in “The Wizard of Oz.” Prosecutors informed the court ...ABC News - Mar. 17 -
Los Angeles prosecutors say no charges against movie producer David Guillod
The Los Angeles County district attorney says his office will not file sexual assault charges against movie producer David GuillodABC News - Mar. 21 -
White House says Signal controversy is 'closed'
The White House said Monday that its probe into how a journalist was added to a group chat of officials discussing military strikes is closed, as the administration seeks to move past the ...The Hill - 11h -
Shake Shack founder: The best employees share 6 'emotional skills'—'I don't give a damn what your IQ is'
People with strong "emotional skills" are more successful at work, says Shake Shack founder Danny Meyer, who prioritizes six particular traits when hiring.CNBC - 17h -
Jury convicts alleged ringleader of massive pandemic food fraud scheme on all counts
A jury has found the alleged ringleader of a massive pandemic fraud case in Minnesota guilty on all counts for her role in a scheme that federal prosecutors say stole $250 million from a program ...ABC News - Mar. 19 -
Trump Administration Will Review Billions in Funding for Harvard
The move follows the cancellation of roughly $400 million in funding for Columbia and the suspension of $175 million for the University of Pennsylvania.The New York Times - 6h -
OpenAI Closes Deal That Values Company at $300 Billion
The start-up’s valuation, which has nearly doubled in six months, shows continued enthusiasm for A.I. among investors.The New York Times - 7h -
OpenAI closes $40 billion funding round, largest private tech deal on record
OpenAI on Monday announced the close of its $40 billion financing, the most money raised in a single round by a private tech company.CNBC - 3h -
SEC continuing $150 million lawsuit against Elon Musk
The Securities and Exchange Commission is continuing its $150 million lawsuit against Elon Musk that was brought during the Biden administration.ABC News - 11h -
Border mission costing hundreds of millions, expected to continue to rise: Sources
The southwestern border mission and the detention operations at Guantanamo Bay have cost close to $330 million through mid-March, according to a U.S. official.ABC News - 2d -
As Bangladesh Reinvents Itself, Islamist Hard-Liners See an Opening
A brewing shift toward religious conservatism has emerged from the political vacuum in this country of 175 million people.The New York Times - 38m -
Netflix’s Reed Hastings Gives $50 Million to Bowdoin for A.I. Program
The Netflix co-founder said he wanted his alma mater to become a leader in studying the consequences, and guiding beneficial uses, of artificial intelligence.The New York Times - Mar. 24 -
Trump Pardons Trevor Milton, Founder of Bankrupt Truck Maker Nikola
President Trump’s intervention came while Mr. Milton was appealing his conviction on securities and wire fraud charges.The New York Times - 3d -
Signs of Capital One-Discover deal closing? Plus, positive news for DuPont
Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.CNBC - 12h -
CoreWeave’s Splashy IPO Wobbles, But That’s Not Stopping Its Founders
The company says it still sees tremendous avenues for growth, even if investors don’t quite see that yet.Inc. - 3d -
What Is Signal, the App Involved in a War Plans Security Breach?
The app, which was introduced in 2014 and has hundreds of millions of users, is widely viewed as the safest messaging tool because of its encryption technology.The New York Times - 5d -
Musk says he is giving out two $1 million checks to 'get attention' from 'legacy media'
Tech billionaire Elon Musk handed out oversized $1 million checks to two attendees of his town hall in Wisconsin on Sunday evening, saying the stunt is cheaper and more effective than paying for ...The Hill - 1d -
UK border security chief aims to cut small boat crossings by half
Martin Hewitt says there is ‘no quick answer’ to problems of irregular migration to BritainFinancial Times - 14h -
The Chinese Electric Vehicle Founder Who Wants In on Trump’s America
Wen Han is intent on listing Windrose’s stock in New York. He is fueled by $300 million, Chinese technology and a belief that “China doesn’t have to be the enemy forever.”The New York Times - 4h -
Restaurant chain Hooters files for bankruptcy protection to enable founder-led buyout
Restaurant chain Hooters of America filed for bankruptcy protection in Texas on Monday, seeking to address its $376 million debt by selling all of its company-owned restaurants to a franchise group ...NBC News - 7h -
Zac Taylor: We want to work through Trey Hendrickson's contract situation with him
The Bengals re-signed Mike Gesicki and signed Ja'Marr Chase and Tee Higgins to long-term deals.Yahoo Sports - 17h -
Wahl Peanut Li Review: A Cordless Take on a Classic
Barbers have stubbornly stuck to the corded Peanut for decades. The new Li is the first argument for ditching the cord.Wired - 1d -
Trump commutes sentence of Ozy Media founder Carlos Watson just before prison surrender
Ozy had falsely claimed to have deals with Google and Oprah Winfrey before the company and CEO Watson were criminally charged.CNBC - 2d -
Trump Says He’s ‘Not Joking’ About Seeking a Third Term in Defiance of Constitution
In wide-ranging remarks to “Meet the Press,” Mr. Trump said “a lot of people” wanted him to serve a third term and vowed to impose tariffs on global rivals, according to a transcript of the ...The New York Times - 14h -
Proposed foreign aid cuts could lead to millions of HIV deaths, study says
A new study shows how cuts to foreign aid could lead to millions of HIV/AIDS deaths and soaring rates of infections, undoing decades of progress against the virus.CBS News - 3d -
Netanyahu says he is ‘willing’ to reach deal to free Gaza hostages
Prime minister says military pressure is working, as he rejects claims that Israel is not serious about negotiations. Rejecting claims from Hamas and Israeli protesters that his government is not ...The Guardian - 1d -
The NHL and Rogers agree on 12-year, $7.7 US billion media rights deal in Canada, AP source says
The NHL has reached an agreement with Rogers Communications on a 12-year, $7.7 US billion media rights agreement in Canada, according to a person familiar with the deal. The contract is the latest ...Yahoo Sports - 8h -
Clash between Nigerian security forces and members of pro-Palestinian group kill 6
Police say soldiers and members of a Shiite Muslim group have clashed in Nigeria’s capital Abuja, killing six peopleABC News - 2d -
Report: Red Sox, Garrett Crochet agree to 6-year, $170M deal
The Boston Red Sox and pitcher Garrett Crochet have agreed to a six-year, $170 million contract, ESPN reports.Yahoo Sports - 5h