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U.S. citizen accused of helping North Korean IT workers infiltrate U.S. companies
Prosecutors said some of the affected companies were Fortune 500 corporations, including a major TV network, a defense company, and a car maker.CBS News - Top stories -
UK water companies embrace PFI to deliver £14bn of infrastructure
Ofwat encourages debt-laden utilities to set up entities to deliver reservoirs and pipelinesFinancial Times - World - United Kingdom -
Some A.I. Companies Face a New Accusation: ‘Open Washing’
An accusation against some A.I. companies that they are using the “open source” label too loosely.The New York Times - Business -
Canada Goose jumps 16% after the company reports growth surge in China
Shares of Canada Goose soared 16% on Thursday after the apparel company reported better-than-expected revenue and earnings for its fiscal fourth quarter.CNBC - Business - China -
Water company boss defends multi-million pay packet
The water firm made 60,000 sewage spills last year but insists river quality is improving.BBC News - Top stories -
As Tesla layoffs continue, here are 600 jobs the company cut in California
The latest wave of Tesla layoffs hit an array of departments, impacting factory workers, software developers and robotics engineers. Read the WARN filing here.CNBC - Business - California -
As Tesla layoffs continue, here are 600 jobs the company cut in California
As part of Tesla’s massive restructuring, the electric-vehicle maker notified the California Employment Development Department this week that it’s cutting approximately 600 more employees at its manufacturing facilities and engineering offices ...NBC News - Top stories - California -
GTA Parent Company Explains Why It Just Canceled Games
Take-Two president Karl Slatoff has discussed the company's recent decision to cancel games as part of a wider restructuring effort that also included layoffs. . During an earnings briefing, Slatoff observed that, across the video game industry, ...GameSpot - Tech -
3 Things I've Learned to Do Before Acquiring Another Company
Here's why most acquisitions fail.Inc. - Business -
US companies find borrowing conditions improving as markets rally
Chicago Fed’s index of financial conditions falls to lowest level since January 2022Financial Times - Business -
AI companies seek big profits from ‘small’ language models
Microsoft, Meta and Google have released new versions with fewer ‘parameters’ that are cheaper to build and trainFinancial Times - Business - Artificial Intelligence -
Why Levain Bakery's Co-Founders Let Their Company Rise Slowly
The women behind America's favorite cookie, Pam Weekes and Connie McDonald, have a different view of scaling.Inc. - Business -
Companies are trying to attract more smartphone users across Africa. But there are risks
Internet-enabled phones can play a unique role in sub-Saharan Africa, where infrastructure and public services are among the world’s least developedABC News - Tech -
Airbnb CEO discusses what’s in store for the company ahead of summer travel season
Airbnb CEO Brian Chesky sat down with NBC News’ Hallie Jackson ahead of the busy summer travel season to discuss what’s in store for the company and respond to recent concerns from customers over fees and higher prices.NBC News - Top stories -
UK water companies lash out at ‘labyrinthine’ regulatory system
Industry lobby group criticises Ofwat for ‘slow’ and ‘inflexible’ processes that delay vital infrastructureFinancial Times - Business - United Kingdom -
Even a Fraud Conviction Won't Keep Nikola's Founder Away From the Company
Nikola, the embattled hydrogen-truck maker, wants to put convicted founder Trevor Milton in the rearview mirror. Milton has had other plans.The Wall Street Journal - World -
Companies warn against immigration cuts as Trump plans crackdown
Business groups say US economy remains dependent on foreign workers as migration becomes election issueFinancial Times - World - Donald Trump -
UL Solutions tops revenue estimates in first quarter as a public company
Profit was flat in the first quarter, but the company is expecting to benefit from the “electrification of everything” trend.MarketWatch - Business -
Damage Control for Tesla as European Leasing Companies React to Falling Fleet Values
Major car rental firms and leasing firms have complained about Tesla's servicing and repairs for years.Inc. - Business -
Are UK boards ‘too hot to trot’ in selling off companies?
More clarity is needed from government on which companies should be protectedFinancial Times - Business - United Kingdom -
Former ‘Love Island’ stars charged with promoting trading scheme on Instagram
UK’s Financial Conduct Authority accuses ‘finfluencers’ in social media crackdownFinancial Times - Business -
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U.S. governors urge Turks and Caicos to release Americans held on ammo charges
The governors of Pennsylvania, Oklahoma and Virginia wrote a letter Tuesday asking the territory to show mercy to the Americans arrested on the island.CBS News - Politics -
Slovak authorities charge 'lone wolf' with assassination attempt on the prime minister
Slovak authorities charged a man with attempting to assassinate Prime Minister Robert Fico, saying he acted alone in a politically motivated attack that left the longtime leader in serious but stable conditionABC News - World -
Scottie Scheffler charged with assault after traffic stop outside US PGA
World No 1 released in time to play second round at ValhallaPlay delayed after pedestrian killed by shuttle bus near courseFollow live updates, plus news from round two of the US PGAThe most extraordinary chain of events in major history saw ...The Guardian - World -
Binance executive denied bail in Nigeria over money laundering charges
Tigran Gambaryan faces allegations of ‘serious criminality’ on behalf of world’s largest cryptocurrency exchange. A Nigerian court has ruled that Tigran Gambaryan, the Binance executive detained on charges of tax evasion and money laundering, can ...The Guardian - World - Nigeria -
Scottie Scheffler Charged Over Traffic Incident at the PGA Championship
The world No. 1 was arrested and later released in time to play at Valhalla Golf Club, ahead of the second round.The Wall Street Journal - World -
Man charged in random assault on actor Steve Buscemi in New York
A man wanted in connection with the random assault on actor Steve Buscemi on a New York City street earlier this month has been arrested on an assault chargeABC News - Entertainment - New York -
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Man charged with murder in suspicious deaths of 3 women in 'complex' case: DA
Oregon authorities have identified and charged a suspect in the 2023 deaths of three women -- Charity Lynn Perry, 24, Bridget Leanne Webster, 31, and Joanna Speaks, 32.ABC News - Top stories -
Chiefs' offensive linemen arrested, charged with misdemeanor possession of marijuana, per report
Wanya Morris and Chukwuebuka Godrick were arrested on Thursday nightCBS Sports - Sports -
Man charged with punching actor Steve Buscemi is held on $50,000 bond
The man charged with assaulting actor Steve Buscemi is being held in New York on $50,000 in bondABC News - Entertainment -
Man charged with punching Steve Buscemi is held on $50,000 bond
The attack on Buscemi was captured by surveillance video, police say.ABC News - Top stories -
Diplomats owe more than £143m in London congestion charges
The US Embassy owes £14m while Togo owes £40, figures from Transport for London reveal.BBC News - Top stories -
New Hampshire day care owner charged with secretly sprinkling melatonin on kids' food
A day care owner and three of her employees in New Hampshire turned themselves in to authorities after being accused of sprinkling melatonin on children’s food, Manchester police said.NBC News - Top stories -
Panera's Charged Lemonade cited in lawsuit over teen's cardiac arrest
Panera faces another lawsuit over a highly caffeinated beverage that the restaurant chain said it would phase out.CBS News - Top stories -
Steve Buscemi's alleged attacker is due in court on Thursday to face assault charges
Steve Buscemi's assault in New York City is the latest in a line of "random acts of violence" that have sparked conversations around public safety.Los Angeles Times - Entertainment -
3 North Koreans infiltrated US companies in 'staggering' alleged telework fraud: DOJ
The DOJ has unsealed an indictment charging three North Korean workers and a United States citizen with allegedly engaging in "staggering fraud" through a complex scheme.ABC News - Top stories -
3 North Koreans, 1 American accused by DOJ of 'staggering fraud' involving Fortune 500 companies
A trio of North Koreans and an American are accused of a “staggering” fraud scheme in a Justice Department indictment unsealed Thursday that accused them of operating a complex operation securing work with multiple major American corporations and ...The Hill - Politics -
Wirestock lets photographers and artists get paid when AI companies train on their work
Some 300,000 people have already been paid through AI data set licensing deals, according to Wirestock's CEO.VentureBeat - Tech