The Cryptocurrency Scam That Turned a Small Town Against Itself
How did a successful, financially sophisticated banker gamble his community’s money away?
Read more at The New York Times
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SEC will drop lawsuit against Coinbase, cryptocurrency company says
The Securities and Exchange Commission will drop its lawsuit against Coinbase pending approval, the cryptocurrency company said. In 2023, The U.S. alleged Coinbase was operating as an unregistered ...CBS News - 4d -
The small caps disappoint
Plus how to ‘monetise’ the US balance sheetFinancial Times - 4d -
Cryptocurrency theft of £1.1bn could be biggest ever
Dubai-based Bybit said it could afford to reimburse customers and that it was working to find the hackers.BBC News - 3d -
Can Europe afford to defend itself without the US?
Also in this newsletter: The EU’s peace offering in Trump’s trade warFinancial Times - 4d -
Why the Lakers are betting big on small ball
The Lakers' victory against the Nuggets showcased the potential impact of a small-ball lineup.Yahoo Sports - 6h -
The Top 6 Hidden Fees Fleecing Small Businesses
Beware of “free” financial services. They’re often accompanied by other hard-to-spot add ons or markups. By one estimate, small businesses were overcharged by $153 billion.Inc. - 5h -
How do we end the war without ending Ukraine itself?
The damage being done to both sides is absurd in a rational world.The Hill - 1d -
Roberta Flack’s performances softly burned with the fire of life itself
The soul singer was ambitiously diverse in her musicianship, and enthralled at every turn – whether doing desolate folk cover versions or lighter, sophisticated pop. In the liner notes to 2023’s ...The Guardian - 1d -
No charges for woman dragged from Idaho town hall
No charges will be filed against a woman dragged from an Idaho Republican town hall by security guards. The security firm's license has also been revoked. KHQ's John Webb reports.NBC News - 7h -
Las Vegas woman accused of defrauding older men in deadly romance scam
Aurora Phelps was indicted in Nevada over a series of romance scams that allegedly led to at least two deaths and one disappearance in Mexico.CBS News - 1d -
FBI searching for more alleged victims in deadly romance scam
The FBI is looking for more alleged victims of a Las Vegas woman they say was involved in a deadly romance scam. The suspect is accused of defrauding older men and causing the death of at least one ...CBS News - 1d -
Woman drugged, defrauded elderly men in romance scam, officials allege
Aurora Phelps is being accused of drugging several elderly men and stealing their financial information, according to court records. The woman is being linked to at least two deaths and one ...CBS News - 1d -
Woman pays $6,000 for fake Picasso in pop-up auction scam
Signs luring customers to pop-up auctions with the possibility of getting fancy cars and fine jewelry at bargain prices have been showing up across the U.S., but the goods aren't always what they ...CBS News - 20h -
How pop-up auctions scam people with phony goods
One auction attendee spent $6,000 on what was supposed to be an "authenticated" Picasso. It was actually a reproduction worth about $70.CBS News - 20h -
‘OpenAI’ Job Scam Targeted International Workers Through Telegram
An alleged job scam, led by “Aiden” from “OpenAI,” recruited workers in Bangladesh for months before disappearing overnight, according to FTC complaints obtained by WIRED.Wired - 10h -
To fight scams, Senate bill would limit transactions at crypto ATMs
The Crypto ATM Fraud Prevention Act proposed by Sen. Dick Durbin would prevent new users from spending more than $2,000 in a day at a bitcoin ATM.NBC News - 7h -
Kerr's new-look small-ball lineup faces stiff challenges
Steve Kerr's new small-ball lineup presents Golden State with serious challenges as the Warriors make a playoff push down the stretch.Yahoo Sports - 5d -
Can Tech Save Small Ski Resorts From Extinction?
The small Colorado company Entabeni Systems is quietly working to upend the ski industry with a business model built on handshake deals made in ski resort parking lots.Wired - 2d -
America has turned on its friends
Donald Trump’s abandonment of allies is real and will endureFinancial Times - 4d -
Once high-flying Bluebird Bio sells itself to private equity after tough times for the gene therapy maker
Bluebird Bio will sell itself to private equity firms Carlyle and SK Capital for about $30 million, the company said Friday.CNBC - 4d -
Fluffy Scottish Highland bull on the loose in Connecticut town, evading capture for days
No bull. A Scottish Highland bull has been wandering Kent, Connecticut, since Tuesday after escaping from its home.NBC News - 4d -
Angry voters confront Republican congressman over DOGE cuts at town hall
Republican Rep. Rich McCormick of Georgia faced boos and jeers at a town hall Thursday night. His constituents, including Democrats, were angry over the Department of Government Efficiency slashing ...CBS News - 3d -
Five detained at protest in Swiss town where AfD leader Weidel lives
Yahoo News - 3d -
Republicans Face Angry Voters at Town Halls, Hinting at Broader Backlash
After a monthlong honeymoon for the G.O.P. at the start of President Trump’s term, lawmakers are confronting a groundswell of fear and disaffection in districts around the country.The New York Times - 1d -
'Sheer terror' as van loaded with fireworks set alight in Scottish town
Homes were evacuated when the van parked in a driveway exploded in the middle of the night in Clydebank.BBC News - 1d -
'Dissent was not being tolerated': Woman dragged from Idaho town hall meeting
An Idaho woman was issued a citation after she was forcibly removed from an Idaho Republican legislative town hall after interrupting the speaker. KTVB's Abby Wilt reports.NBC News - 1d -
Consumers turn to renting chickens as egg prices soar
As the bird flu outbreak impacts egg shortages and prices, some people are turning to renting or buying backyard chickens.CBS News - 4d -
Is the downfall of a Japanese star a turning point for women's rights?
The downfall of Masahiro Nakai is a marked departure from how Japan treats claims of sexual violence.BBC News - 1d -
Stars turn on the style at SAG Awards red carpet
Millie Bobby Brown, Mikey Madison and Timothée Chalamet were among the stars posing for pictures.BBC News - 1d -
The Papers: 'Zelensky offers to quit' and 'Germany turns Right'
Volodymyr Zelensky's offer to step down as president of Ukraine features heavily in Monday's papers.BBC News - 1d -
Venus Williams turns down Indian Wells wildcard
Former world number one Venus Williams turns down a wildcard offer for next month's Indian Wells tournament.BBC News - 1d -
Angry Democratic donors turn off the flow of money
Democrats are anxious to rebuild their party on the heels of President Trump’s victory in November. But they have a major problem as they try to refashion their brand: The money isn’t there. ...The Hill - 1d -
Macron ‘turning point’ on Ukraine lacks Trump commitments
French president to be followed by British PM in seeking support for US ‘backstop’ in postwar UkraineFinancial Times - 7h -
Tens of thousands could be held in illegal scam compounds in Myanmar, Thai police general says
Head of anti-trafficking agency says dozens of Chinese criminal gangs were running the centres. Tens of thousands of people could be living inside illegal scam compounds in Myanmar that have ...The Guardian - 4d -
Beatings, torture and electric shocks: freed scam compound workers allege horrific abuse
Lured by the promise of well-paying jobs in Southeast Asia, thousands instead allegedly end up enslaved in jail-like compounds and forced to carry out online scams. “The Chinese would shock me with ...The Guardian - 18h -
This 1 Small Change to Every Email Is the ‘Most Effective Thing You Can Do’ Says Communications Expert
‘Language mimicry’ can lead people to trust you, says Ping author Andrew Brodsky.Inc. - 5d -
How test-time scaling unlocks hidden reasoning abilities in small language models (and allows them to outperform LLMs)
A 1B small language model can beat a 405B large language model in reasoning tasks if provided with the right test-time scaling strategy.VentureBeat - 4d -
How a small-time drug bust ignited a feud between police and a Catholic hospital
Convinced a suspect was hiding evidence, police in Ohio ordered doctors at Mercy Health-Lorain Hospital to search his body cavity. The doctors refused.NBC News - 2d -
Palisades nuclear plant signs agreement to build first of its kind small modular reactors in Michigan
Holtec International is trying to restart the Palisades nuclear plant and expand it with two small modular reactors through an agreement with Hyundai E&C.CNBC - 2h
More from The New York Times
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Why American Businesses Aren’t Raring to Get Back Into Russia
The White House promised “incredible opportunities” if Moscow ended the war in Ukraine. But Russia’s economy is struggling and the business environment is unpredictable.The New York Times - 1d -
‘Heavyweight,’ an Acclaimed Narrative Podcast, Returns
Pushkin Industries, the podcast company that will release the show, is betting that documentary-style audio programs can still win an audience.The New York Times - 7h -
Tesla Moves One Step Closer to Self-Driving Cars in China
The development marked a breakthrough for Tesla’s chief executive, Elon Musk, in a country where his company has faced increasingly tough competition.The New York Times - 7h -
Trump Announces Inquiry That Could Lead to Tariffs on Copper
Tariffs, if they are imposed, could boost U.S. production of a valuable resource but also raise costs for automakers, construction companies and others.The New York Times - 39m -
Who Are the Probationary Federal Workers Being Cut Under Trump?
Many government workers being cut are those with fewer protections. They are relatively new in their current jobs, but often have years of experience.The New York Times - 25m
More in Business
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US stocks fall as consumer confidence sinks most in four years
Oil prices drop while government bonds climb on worries Donald Trump’s tariffs will hit economyFinancial Times - 6m -
Workday beats estimates for revenue and profit, stock jumps
Workday exceeded analysts' estimates for the quarter and pointed to stronger demand from artificial intelligence products.CNBC - 9m -
Workday earnings brought ‘what bulls were hoping to see,’ and the stock is up
Workday’s stock has fallen over the past year but one analyst thinks it’s poised for a reboundMarketWatch - 13m -
AMC’s stock climbs as improving box office brings better-than-expected fourth-quarter revenue
AMC Entertainment Holdings Inc. shares rose in extended trading Tuesday, after the movie-theater chain and original meme stock reported better-than-expected fourth-quarter revenue, lifted by an ...MarketWatch - 14m -
White House identifies DOGE administrator amid questions about Elon Musk's role
The administrator of President Donald Trump's so-called Department of Government Efficiency has been identified as Amy Gleason, a White House official said.CNBC - 14m