China Fines Deloitte $308 Million over Audit Failings
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Texas fined $100,000 per day for failing to act on foster care abuse allegations
Texas is being fined $100,000 a day by a federal judge for neglecting investigations into abuse and neglect allegations raised by some of the 9,000 children it has in foster careABC News - Health -
Apple’s removal of WhatsApp in China reopens debate over user freedom
The removal of WhatsApp and Threads from Apple's China App Store puts this revenue stream at risk, as it may signal further restrictions on Meta's ability to capture advertising dollars from Chinese companies looking to expand globally.VentureBeat - Tech - China -
FedEx pledges $25 million over 5 years in NIL program for University of Memphis athletes
FedEx has pledged $25 million over the next five years to be used in sponsorship deals with University of Memphis athletesABC News - Sports -
Columbia Fails to Protect Its Jewish Community
A toothless task force and other measures haven’t stopped antisemitism from flourishing on campus.The Wall Street Journal - World -
EY’s Wirecard audits marred by ‘repeated grave’ violations, says watchdog
Big Four firm botched audit work and quality control over several years, Apas concludes in multiyear investigationFinancial Times - Business -
PwC’s Evergrande audits set to face new probe by Hong Kong regulator
Apparent whistleblower report cites concerns over firm’s work for collapsed Chinese developerFinancial Times - Business - Hong Kong -
Pass or Fail: The New York Mets' 2024 City Connect uniforms
The Mets are one of eight teams debuting City Connect uniforms this season.Yahoo Sports - Sports - New York -
Netflix Subscribers Surge To 270 Million
In the streaming realm, Netflix is still the king of the mountain by a wide margin. But even Netflix didn't predict that it would hit 270 million subscribers this financial quarter. Via Variety, Netflix has released its report for the first ...GameSpot - Tech - Netflix -
Weedkiller manufacturer seeks lawmakers' help to squelch claims it failed to warn about cancer
The maker of a popular weedkiller is turning to lawmakers in key states to try to squelch legal claims that it failed to warn about cancer risksABC News - Health -
Drought Pushes Millions Into ‘Acute Hunger’ in Southern Africa
The disaster, intensified by El Niño, is devastating communities across several countries, killing crops and livestock and sending food prices soaring.The New York Times - Science -
Biden Shields Millions of Acres of Alaskan Wilderness From Drilling and Mining
The administration has blocked a proposed industrial road needed to mine copper in the middle of the state, and has banned oil drilling on 13 million acres in the North Slope.The New York Times - Top stories - Joe Biden -
A Penthouse With a ‘Little Garden of Eden’ Is Listed at Nearly $5 Million
David Saint, a theater director and a producer of the 2021 film version of “West Side Story,” is selling his duplex with a wraparound terrace in the East Village.The New York Times - Lifestyle -
NBA Players to Split $34 Million for 2024 Playoff Bonuses
NBA players have the highest salaries in U.S. pro sports by a wide margin. The same holds true come playoff time. Players on NBA playoff teams will divvy up $33.7 million this season, with each team receiving a chunk based on how far their teams ...Yahoo Sports - Sports - NBA -
David Zaslav Receives $50 Million for Leading Struggling Warner Bros. Discovery
The chief executive’s 2023 pay package rose 26 percent from the year before, while the company’s losses totaled $3 billion.The New York Times - Business -
China’s Export Dominance: What to Know
From cars to solar panels to furniture, China is using lavish bank lending and enormous investments in robotics to cement its global leadership in manufacturing.The New York Times - Business - China -
Satellite Data Reveals Sinking Risk for China’s Cities
Development and groundwater pumping are causing land subsidence and heightening the risks of sea level rise.The New York Times - World - China -
China Orders Apple to Remove Popular Messaging Apps
WhatsApp, Signal and Telegram among apps cut from iPhone app store to comply with censorship demand.The Wall Street Journal - Tech - China -
San Francisco getting pandas from China
San Francisco is going to be the next U.S. city to receive a pair of pandas from China as part of the “panda diplomacy” program between Washington and Beijing. San Francisco Mayor London Breed announced Friday that the San Francisco Zoo has been ...The Hill - Politics - China -
Bitcoin evangelist Michael Saylor has made $370 million from MicroStrategy stock sales this year
Following a share-sale plan executed last year, MicroStrategy founder Michael Saylor has profited handsomely from unloading stock in 2024.CNBC - Business - Crypto -
Jake Paul offers Jorge Masvidal, Nate Diaz $10 million for MMA fight
Jake Paul is dead serious about making his MMA debut for PFL.Yahoo Sports - Sports - Boxing -
Why a 3-million-year-old lizard species in Arizona has virtually disappeared
A report from the United Nations determined that 1 million species are threatened with extinction. Dr. John Wiens from the University of Arizona believes that number is far higher based on his research. He says climate change is quickening the ...CBS News - Top stories -
Israel Strikes Iran in Narrow Attack Amid Escalation Fears
Tehran lifts restrictions on Iran’s airspace after canceling flights amid reports of explosions.The Wall Street Journal - World - Iran -
AI Gives Enterprise Device Market Something to Be Excited About
The biggest innovation in years has come for personal computers as manufacturers integrate chips that enable them to run large scale AI models directly on the device. But how quickly chief information officers will want to start snapping up the ...The Wall Street Journal - World -
FedEx to fund $25 million for Memphis NIL in what's believed to be largest corporate partnership with athletes
The investment will cover $5 million in NIL contracts for Memphis athletes for five straight yearsCBS Sports - Sports -
Warner Bros. Discovery Lost Money Last Year. Its CEO Got a $50 Million Payday.
Much of Chief Executive David Zaslav’s compensation was tied to free cash flow, which soared amid cost-cutting efforts.The Wall Street Journal - World -
Her Accessible Recipes Inspire Millions of Home Cooks. She's Learning Right Along With Them.
For surprising flavor combinations like Crispy Lime Cabbage & Turmeric White Bean Mash, legions of followers flock to @Justine_Snacks. And no one is more surprised by that than its creator.The Wall Street Journal - World -
2024 RBC Heritage purse, prize money: Payout for golfers from $20 million pool for signature event
Another signature event means another big winner's check up for grabsCBS Sports - Sports -
You could claim up to $500 from Walmart as a part of a $45 million class action lawsuit—here's how to check
A class action lawsuit alleges Walmart overcharged customers for certain weighted goods and bagged citrus. How to file a claim for a cash payout up to $500.CNBC - Business -
Drone startup Zipline hits 1 million deliveries, looks to restaurants as it continues to grow
The company said its zero-emission drones have now flown more than 70 million autonomous commercial miles across four continents.CNBC - Business -
New York AG says $175 million Trump fraud bond isn't properly backed, should be voided
Donald Trump was ordered to pay more than $450 million in damages in a civil business fraud lawsuit lodged by New York Attorney General Letitia James.CNBC - Business - New York -
China Hits U.S. With Levy on Chemical as Trade Tensions Rise
China slapped a levy on imports from the U.S. of a widely used chemical, a small salvo in an escalating trade dispute between Washington and Beijing.The Wall Street Journal - World - China -
China's fiscal stimulus is losing its effectiveness, S&P says
China's fiscal stimulus is losing its effectiveness and is more of a strategy to buy time for industrial and consumption policies, S&P Global Ratings said.CNBC - Business - China -
The $1.7 Billion Railway That Could Challenge China's Influence in Africa
A U.S.-backed railway connecting Angola to the Democratic Republic of Congo is part of a pushback against China’s Belt and Road initiative in Africa. The $1.7 billion Lobito Corridor project aims to secure vital mineral supply chains.The Wall Street Journal - World - China -
Lawmakers want to make China pay its trillion-dollar debt to Americans
When the People's Republic of China won recognition as China's rightful government, it also inherited its predecessor government's debtsThe Hill - Politics - China -
China's Securities Regulator Eases Trading Rules With Hong Kong
China’s securities regulator released a series of measures to boost trading with Hong Kong, the country’s latest move to shore up investor confidence after recent stock-market volatility.The Wall Street Journal - World - China -
Apple pulls Meta's WhatsApp, Threads from China App Store
Apple on Friday said it has pulled WhatsApp, Threads, Signal and Telegram from the App Store in China.CNBC - Business - Apple -
Nearly half of China's major cities are sinking, researchers say
Nearly half of China’s major cities are suffering “moderate to severe” levels of subsidence, putting millions of people at risk of flooding, a study found.NBC News - Top stories - China -
China moves to boost foreign investment in domestic tech companies
Yahoo News - World - China -
Apple Says It Was Ordered to Pull WhatsApp From China App Store
Apple said it removed WhatsApp and Threads from its China app offerings Friday on Beijing’s orders, amid technological tensions between the U.S. and China.The New York Times - Business - Apple -
Apple removes WhatsApp from China store under pressure from Beijing
Internet regulator orders delisting of two Meta-owned apps over ‘national security concerns’Financial Times - Business - China