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    Share this: One cryptocurrency platform thought the rules didn’t apply to it and now it’s being sued by New York State Attorney General Letitia James. James is alleging that Nexo Inc, and Nexo Capital Inc., have not registered with the state as securities and commodities brokers or dealers, and have lied to investors about their registration status. James explained that her office gave Nexo a warning prior to filing the suit that any entity in New York that engages in the offer, purchase, or sale of securities or commodities, including cryptocurrency, that they must register with the Office of the Attorney General.
    BART trains will run as normal Saturday after the agency resolved electrical issues that had plagued the system for much of the day before. Commuters on Friday had been greeted by alerts that trains would run single-track between the West Oakland and Embarcadero stations for much of the day. By late afternoon, the agency had announced that the Transbay Tube would be further delayed by electrical issues. The power issues in the Transbay Tube have been resolved. Normal train service has been restored. — BART Alert (@SFBARTalert) September 24, 2022 A reminder for morning riders. The earlier power issue in the Transbay Tube was resolved late Friday night so we will be operating trains in both directions of the Tube today. — BART (@SFBART) September 24, 2022
    A 52-year-old man was charged after police said he drove in Fairfield County while intoxicated at more than three times the legal limit.  Police responded to a report of an erratic driver in the area of Post Road and Hecker Avenue in Darien shortly after 2 p.m. on Thursday, Sept. 15, the Darien Police Department said. Police said an officer found the vehicle in the parking lot of 1358 Post Road, and the officer reported smelling alcohol when interacting with the driver, identified as New Haven County resident Brad Lenart, of Wallingford.  Authorities said Lenart was given field sobriety tests, which he did not perform to standard. He submitted breathalyzer testing, which measured his BAC at .2862 at 3:02 p.m. and .2725 at 3:21 p.m., police reported. Lenart was charged with operating under the influence, according to the report. He was released on $250 bond and is set to appear in court on Monday, Sept. 26, police said.
    In this article CRMFollow your favorite stocksCREATE FREE ACCOUNTBret Taylor, co-chief executive officer of Salesforce.com Inc., right, and Marc Benioff, co-chief executive officer of Salesforce.com Inc., wear rabbit ears during a keynote at the 2022 Dreamforce conference in San Francisco, California, on Tuesday, Sept. 20, 2022.Marlena Sloss | Bloomberg | Getty ImagesSalesforce stock rose almost 3% in extended trading on Wednesday after the enterprise software maker announced a new long-range profitability goal that showed the company's determination to operate more efficiently. Several cloud software companies, including Salesforce, have become less compelling to investors as interest rates have risen to respond to higher prices this year, after becoming more glamorous during the Covid pandemic, when organizations boosted their use of programs employees could use without being in offices.related investing newsBerkshire Hathaway gets an upgrade as recent sell-off creates an attractive entry pointYun Li8 hours agoManagement teams at cloud companies have sought to recapture interest by emphasizing cost-savings plans and pull forward their timelines for profitability. Salesforce itself said it would be more careful in adding talent. The company went further...
    In this article BYNDDouglas RamseySource: Washington County, ArkansasBeyond Meat said its operating chief Doug Ramsey has been suspended, effective immediately, after he was arrested Saturday evening for allegedly punching a man and biting his nose. The company said in a statement on Tuesday afternoon that Jonathan Nelson, the company's senior vice president of manufacturing operations, will oversee Beyond's operations activities on an interim basis. Ramsey, 53, was charged with terroristic threatening and third-degree battery and booked in the Washington County jail after allegedly assaulting a driver in a parking garage near Razorback Stadium. Ramsey allegedly punched through the back windshield of a Subaru after it made contact with the front tire of Ramsey's car, according to a preliminary police report obtained by CNBC. The Subaru owner then got out of his car, and Ramsey allegedly started punching him and bit his nose, "ripping the flesh on the tip of the nose," according to the report. The victim and a witness also alleged that Ramsey told the Subaru owner he would kill him. Ramsey has been Beyond Meat's chief operating officer...
    Share this: On Wednesday, in federal court in Brooklyn, an indictment was unsealed charging six defendants for their roles in overseeing and operating a large-scale illegal, online gambling business under the protection of the Lucchese organized crime family.   In operation for more than 15 years, the gambling business known as “Rhino Sports” utilized an offshore website and dozens of bookmakers in the New York area to take millions in illegal sports bets, according to the U.S. Attorney’s Office.  Four of the defendants, Lucchese crime family solider Anthony Villani and associates Louis Tucci Jr., Dennis Filizzola and James Coumoutsos, were arrested at their residences in the New York area and were arraigned Wednesday afternoon by United States Magistrate Judge Roanne L. Mann, E.D.N.Y.  
    Sunday 09/11/2022 at 08:54 – Updated on 09:50 news By La Provence (with AFP) Ukraine announced on Sunday the shutdown of the sixth and last reactor at the Zaporizhia nuclear power plant (south), the largest in Europe and occupied by Russian forces. “Today, September 11, 2022, at 03:41 PM (01:41 GMT) unit number 6 (of the power station) was disconnected from the power network”According to a statement from the Ukrainian operator Energoatom. “Preparations are underway for its cooling”, Adds director. According to Energoatom, creates a cold shutdown “safe mode” It took three days for the reactor to generate enough electricity to cool the nuclear fuel and protect the site. The decision was made to close the site while external power was restored.”last night” along one of the transmission lines. “In the event of further damage to the transmission lines connecting the site to the power system – the risk of which is high – internal needs (of the site) will have to be met by diesel-powered generators”, Energotum...
    Privacy advocates blasted Amazon's recently announced purchase of robot vacuum maker iRobot for fueling 'pervasive surveillance' as the Federal Trade Commission opened a probe into the $1.7 billion buyout. The tech giant's planned acquisition of the maker of Roomba vacuum cleaners will give it access to the appliance's operating system that uses a front-facing camera to create complete maps of the inside of people's homes - all of which can then be fed into Amazon's existing, massive trove of data about hundreds of millions of consumers.  'There is no more private space than the home. Yet with this acquisition, Amazon stands to gain access to extremely intimate acts in our most private spaces that are not available through other means, or to other competitors,' over twenty privacy and civil rights groups say in a Friday letter to the FTC. 'Information collected by iRobot’s devices goes beyond home floor plans, and includes highly detailed information about the interiors of consumers’ homes and the schedules and lifestyles of the inhabitants,' the letter, shared by digital rights nonprofit Fight for the Future, states....
    Digital World Acquisition Corp., a so-called "blank check" company, failed on Thursday to garner enough shareholder votes to take Donald Trump's Truth Social public. "Former President Trump's social media company has another potentially big problem on its hands: It's struggling to complete a stock market listing that would allow it to raise more than $1 billion it needs to keep running," NPR reported. "Trump Media and Technology Group, which includes the Truth Social app it launched earlier this year, had been planning to list on the Nasdaq stock exchange through a complicated process known as a SPAC merger." The Securities and Exchange Commission has yet to approve the merger. "Instead of pursuing a traditional IPO, the Trump Media and Technology Group decided to merge with a blank check company that is already listed on the Nasdaq," NPR reported. "These kinds of deals have became popular in recent years, when interest rates were near zero. In effect, they give private companies a shortcut to going public — requiring less transparency than traditional IPOs." Axios reported, "Truth Social says it currently has...
    An 18-year-old man is facing charges after police said he drove drunk in Fairfield County and lost control of his vehicle. Officers responded to a report of a single-vehicle crash on Scofield Farm Road in Darien at about 11:20 p.m. on Wednesday, Aug. 31, the Darien Police Department reported on Tuesday, Sept. 6. The driver, identified as Sebastian Urrea, of Westport, told police he was lost and when he tried to make a U-turn, he lost control of the vehicle and struck a utility box, police reported. An officer reported smelling an alcoholic beverage while talking to Urrea, authorities said. Police said Urrea was given field sobriety tests, which he didn't perform to standard. At 12:41 a.m., Urrea submitted a breathalyzer test, which failed to register a BAC level, police said. A second test measured his BAC at 0.13 at 1:08 a.m., according to the report. Police also reported finding eight ounces of marijuana in Urrea's vehicle. Police said Urrea was charged with: Operating under the influence Failure to drive right Operating a motor vehicle on cell phone Possession of...
    In this article BBBYA pedestrian walks by a Bed Bath and Beyond store in San Francisco, California.Justin Sullivan | Getty ImagesShares of Bed Bath & Beyond were down in premarket trading Tuesday after the struggling retailer's chief financial officer died over the weekend. The stock was down more than 15% as investors weighed the company's leadership crisis after Gustavo Arnal's death. Arnal died Friday after falling from a building in downtown Manhattan, police said. The city's medical examiner's office office later ruled the death a suicide. The loss comes after the company recently eliminated some executive positions, including chief operating officer, as part of its efforts to win back investor confidence and customers. Bed Bath & Beyond is operating under an interim CEO, Sue Gove, after former CEO Mark Tritton was ousted by the board in June. The New Jersey-based company last week announced a series of dramatic moves aimed at reviving the business, including the closure of about 150 stores, layoffs and an overhaul of its product strategy. Arnal joined Bed Bath & Beyond in 2020 from London-based cosmetics...
    New York (CNN)Labor Day, which recognizes the many contributions workers have made to the prosperity of the United States, also marks the unofficial end of summer on the first Monday in September. Many Americans across the country will be celebrating the long weekend, but it can be confusing to figure out what will be open and closed to observe the holiday on Monday, September 5. Here are the businesses and institutions that will be open and closed. RetailersMost major retailers, including Walmart, Target, CVS and major grocery stores like Kroger and Trader Joe's will be open. Notably, wholesale retailer Costco will be closed Monday. Make sure to check in with local businesses to see if they'll be closed in observance of the holiday. Read MoreGovernmentFederal offices, government buildings and post offices will be closed Monday. State and local courts and DMV offices will not be operating. Financial institutionsLabor Day is a bank holiday, so most banks will be closed — however, online banking and ATMs will be available for use. The stock market will not be trading — the New...
    An "abortion boat" floating in federal waters in the Gulf of Mexico has been pitched as a safe alternative for women in a post-Roe v. Wade America. But some critics have sounded the alarm, claiming the brainchild behind the company is a fraudster far more committed to making a quick buck than preserving reproductive rights. The boat, a 74-foot Viking sportfishing vessel, is run by a for-profit company called Abort Offshore. The company offers abortions up to 20 weeks in federal waters where state abortion bans don't apply. On July 23, Abort Offshore announced that it had performed 34 abortions as a test. By Aug. 3, the company claimed to have provided more than 100 procedures. Ten days later, the company tweeted that it had performed nearly 200 legal abortions for women in Texas, Louisiana, Mississippi, and Alabama. On Aug. 26, owner Michael Kimbro told the Washington Examiner that the number had jumped to 250. Kimbro is a charismatic businessman who grew up in Texas but lives in Manhattan with his wife, Amanda, and their child. He admittedly...
    Affected by the security breach, Apple advised owners of certain models of iPhone, iPad and Mac to update their operating software this Friday, August 19. Fans of Apple products, this is news you could have done without. The American company, this Friday August 19, recommended owners of certain models of iPhone, iPad and Mac to update the operating software due to a security flaw, according to the company, which was informed by anonymous researchers. Unfortunately, it lets some take away Control of your devicesAs reported France info. In fact, according to the brand with the Apple-shaped icon, there is an old version of the operating software “an application” that “uses arbitrary code” with access to the device. In other words, a hacker can run Actions without your consent. Apple says that “this potential could have been actively exploited” by hackers, as picked up by our colleagues. This security flaw can also be exploited by “maliciously crafted web content,” claims the Cupertino (California) group Francinfo. Which models are affected? Everything iPhone 6 and laterEverything iPad Prothey...
    By Rishi Iyengar | CNN Business Apple is directing users of most of its devices to update their software after the company discovered a vulnerability in its operating systems that it says “may have been actively exploited.” In security updates posted online on Wednesday and Thursday, Apple said the vulnerability affects iPhones dating back to the 6S model, iPad 5th generation and later, iPad Air 2 and later, iPad mini 4 and later, all iPad Pro models and the 7th generation iPod touch. Apple said the vulnerabilities give hackers the ability to take control of a device’s operating system to “execute arbitrary code” and potentially infiltrate devices through “maliciously crafted web content.” Related Articles Technology | Opinion: Talking about women’s abortion rights on Facebook carries risks Technology | Rare Apple-1 computer up for auction ‘could have been’ the one from historic moment Technology | California’s top environmental official leaving to run $3.5 billion climate change project funded by Laurene Powell Jobs Technology | Is this rare Apple computer up for auction a...
    A security flaw affecting many devices could allow hackers to perform actions without permission. Written article Posted On 08/19/2022 06:15 Study Time: 1 minute. The worm is in the apple. Apple has advised owners of certain models of iPhone, iPad and Mac to update their operating software because the latter has a security flaw that could allow them to control these devices. iPhone 6s and later, as well as all iPad Pros, fifth-generation and later iPads, and Macs are affected, according to notifications posted on Apple’s website. According to the company, in older versions of the operating software, “An application may use arbitrary code” Improper access to the device, which means the hacker can perform actions without permission. “This possibility could have been seriously exploited” By hackers, Apple says without further details. Exploited by flaw “Maliciously Designed Internet Content”, adding a team in Cupertino (California). To address these flaws, Apple urges users to download iOS operating software version 15.6.1 for iPhones, iPadOS 15.6.1 for iPads, and macOS Monterey 12.5.1 for Mac computers. According to...
    Here’s the bad news for owners of certain models Apple products. The American company has actually announced that there will be some iPhone, iPad and Mac products A security breach This made it possible to control these devices. To avoid this problem, Apple has suggested to its users Update operating software By downloading iOS operating system version 15.6.1 for iPhones, iPadOS 15.6.1 for iPads and macOS Monterey 12.5.1 for Mac computers on their devices. American Giant said “This acquisition opportunity could have been actively exploited“By computer hackers. The company also announced that iPhone 6 and later models are affected by this vulnerability. All iPad Pros, fifth-generation and later iPads, and many Macs. According to Apple, these flaws were reported by Anonymous researchers. Recommended by the editorial board News from the RTL editorial staff in your mailbox. Thanks to your RTL account, subscribe to the RTL News Newsletter to follow all the news on a daily basis Read more See also  With AON3D, 3D printing comes to the moon
    (CNN Business)Apple is directing users of most of its devices to update their software after the company discovered a vulnerability in its operating systems that it says "may have been actively exploited."In security updates posted online on Wednesday and Thursday, Apple said the vulnerability affects iPhones dating back to the 6S model, iPad 5th generation and later, iPad Air 2 and later, iPad mini 4 and later, all iPad Pro models and the 7th generation iPod touch. Apple (AAPL) said the vulnerabilities give hackers the ability to take control of a device's operating system to "execute arbitrary code" and potentially infiltrate devices through "maliciously crafted web content."The vulnerability also extends to Mac computers running the company's Monterey OS as well as Apple's Safari browser on its Big Sur and Catalina operating systems, the company said in a subsequent update. Cybersecurity experts urged Apple users to update their devices, with the US government's Cybersecurity and Infrastructure Security Agency warning that "an attacker could exploit one of these vulnerabilities to take control of an affected device."Read MoreThe agency said affected users should...
    In this article SBUXJohn Culver, StarbucksSource: StarbucksStarbucks Chief Operating Officer John Culver is departing the company after two decades with the coffee chain, as part of a restructuring that will eliminate his role. His exit comes in the middle of a broader executive reshuffling at Starbucks. Former CEO Kevin Johnson retired earlier this year, leading Howard Schultz to return to the helm of the company as interim chief executive until long-term successor is named. Effective Oct. 3, Culver will step down from his current role and become an executive advisor until he leaves the company at the end of the year. Starbucks said it will eliminate the role of chief operating officer, with many of Culver's direct reports being managed by Schultz. Frank Britt, the company's chief strategy and transformation officer, will supervise the rest, including the global supply chain and technology divisions. Since his return, Schultz has promised that bold changes are on the way. Investors will hear more details on that strategy at the company's investor day in Seattle on Sept. 13. Cowen analyst Andrew Charles assigned a...
    Police in one Fairfield County town are warning parents that more kids are driving electric bikes, scooters, and cycles illegally on roadways. What most don't realize, police say, is that you have to have a valid driver's license to operate the vehicles on roadways under state law, according to the Greenwich Police Department. And sidewalks are roadways, police say. The law defines motor-driven cycles as motor scooters, mopeds, or motorbikes with an engine size of fewer than 50 ccs, and a seat height of at least 26 inches, police said.  Mini-motorcycles (pocket bikes) are not motor-driven cycles and cannot be registered in the state and continue to be prohibited from use on any roadway or sidewalk, police added. The state does not classify electric bicycles as "motor-driven cycles."   To be legally driven on a public road, electric bikes must have an electric motor with no more than 750W. Riders of electric bikes are afforded the same rights and privileges and are subject to the same duties as the rider of a bicycle. Children under 16 are prohibited from electric...
    Nassau County Police Detective Hector Rosario, 49, is accused of taking bribes from mobsters operating illegal gambling dens Nine men have been charged in connection with a Mafia gambling ring in New York, which prosecutors say operated out of innocuous fronts including a gelato shop, soccer club, and shoe repair store. In a federal indictment unsealed on Tuesday, prosecutors said that eight mobsters from the Genovese and Bonanno families operated the illegal gambling dens with the protection of a crooked cop. Prosecutors accused Nassau County Police Detective Hector Rosario, 49, of taking bribes from the mob crews in return for orchestrating raids on competing gambling dens. The collaboration between the two crime families dates back at least a decade, to 2012, when they jointly opened a 'lucrative illegal gambling operation' out of the Gran Caffe Gelateria in Lynbrook on Long Island, the indictment claims. Management at the gelato shop, which boasts a wide range of rotating and seasonal flavors, did not immediately respond to phone and email inquiries from DailyMail.com on Tuesday afternoon. Bonanno captain 'Little Anthony' Pipitone (left) teamed...
    According to the GBI, Jose Mezquite Ramirez, age 45, of Marion County, has been arrested for operating a chop shop, three counts of buying, selling, receiving, concealing, using, possessing, or disposing of motor vehicle or part thereof from which identification has been removed or altered, theft by receiving stolen property – automobile, and possession of a firearm during the commission of a crime. The arrest was made on August 10, 2022, following the execution of a search warrant at 354 Geneva Road, Buena Vista, Marion County, GA. Three vehicles with fraudulent VINs were seized, in addition to multiple firearms and over $75,000 in U.S. Currency. The Marion County Sheriff’s Office assisted in the search warrant. Ramirez is being held in the Marion County Jail. On August 3, 2022, the Alabama Law Enforcement Agency (ALEA) State Bureau of Investigation requested GBI assistance regarding the multi-state “chop shop” operation. ALEA, GBI, and the Columbus Police Department conducted a joint investigation resulting in multiple search warrants being executed on August 10, 2022, including...
    Welcome to the Glean, MinnPost’s twice-daily roundup of Minnesota news. Pauleen Le and John Lauritsen at WCCO are reporting J. Alexander Kueng and Tou Thao rejected plea deals during a hearing Monday morning. It means the state trial will proceed as scheduled. In the offer, both would have had to plead guilty to second-degree manslaughter and spend 36 months behind bars. Liz Navratil at the Star Tribune covered Mayor Jacob Frey’s Monday press conference outlining his spending plans. The mayor’s proposal — which calls for $1.6 billion in spending in 2023 and $1.7 billion in 2024 — includes money for police, mental health teams, traffic control agents, programs aimed at improving the quality of public housing, treating opioid addiction and combating climate change. Noor Adwan at Sahan Journal has an interview with state Rep. John Thompson who blames his landslide Aug. 9 primary election loss on racially motivated slander and DFL money: “This party is full of shit.” Christopher Snowbeck at the Star Tribune reports operating losses at Fairview Health Services grew worse through the first half of the year...
    A Connecticut man will spend more than a decade in federal prison after he admitted to running a drug mill out of his apartment. Hartford County resident Luis Ciuro, age 37, of East Hartford, was sentenced to 15 years behind bars Wednesday, Aug. 10, in federal court in Bridgeport. It follows his November 2020 guilty plea to one count of possession with intent to distribute 400 grams or more of fentanyl. Federal prosecutors said Ciuro was busted in October 2019, when Manchester Police were called about a woman yelling and displaying a gun outside of an apartment building on John Olds Drive in Manchester. Police had previously been tipped off that an individual was operating a fentanyl mill in an apartment in the same building, prosecutors said. While surveilling the building, police observed Ciuro place a black bag into the trunk of a car before driving off with another individual. When officers stopped the vehicle, they found a shoebox inside the bag that contained approximately $70,000 in cash, prosecutors said. Inside a second shoebox were two loaded guns, both...
    VIDEO3:1803:18Disney beats earning expectations in second quarter, driven by parks and resortsClosing Bell: Overtime Disney unveiled a new pricing structure that incorporates an advertising-supported Disney+ as part of an effort to make its streaming business profitable. Starting Dec. 8 in the U.S., Disney+ with commercials will be $7.99 per month — currently the price of Disney+ without ads. The price of ad-free Disney+ will rise 38% to $10.99 — a $3 per month increase. The price of Hulu without ads will rise by $2 per month, from $12.99 to $14.99, effective Oct. 10. Hulu with ads will go up by $1 per month, rising from $6.99 to $7.99. Disney announced last month that ESPN+ with ads would go up 43% to $9.99 per month. The price increases reflect the growing operating loss for Disney's streaming services. Disney+, Hulu and ESPN+ combined to lose $1.1 billion in the fiscal third quarter, $300 million more than the average analyst estimate, reflecting the higher cost of content on the services. The increased operating loss occurred even while Disney added about 15 million new...
    A background in television broadcasting isn’t typical of most restaurateurs, but it doesn’t seem to be hurting New York husband and wife team, Mo Cassara and Elisa DiStefano. In May 2022, the couple celebrated the reopening of their freshly-renovated restaurant on Long Island, The Point Bar & Grill, located in Point Lookout. It’s just three blocks away from their other eatery, MO’NELISA Italian Restaurant & Pizzeria, which they opened in 2016. Diners will no doubt recognize Cassara, a former Hofstra University basketball coach turned analyst for CBS Sports Network and ESPN. DiStefano is a former news anchor for News 12 Long Island. When not in front of the camera or caring for their two young children, the couple is busy overseeing their two businesses. The Point is billed as a family-friendly dining destination serving up a wide array of offerings, including burgers, seafood, and salads. The restaurant also caters events and hosts private parties. Down the street, at MO’NELISA, it’s all Italian. This is where diners will find a variety of traditional and unique pizza pies, along with a...
    Amazon will soon be able to map their user's entire houses as it works to create a fully-functional smart home. As part of the tech giant's $1.7 billion acquisition of iRobot, the maker of Roomba vacuum cleaners, Amazon will be in control of its new Robot OS — giving the company access to detailed maps of people's homes, which could be used to gather even more data about each user. The operating system already works in conjunction with a front-facing camera on the Roomba j7 vacuums to map out a home's layout and avoid over 80 common place objects like shoes, socks, cords, headphones, clothes and even pet residue. As a result of this mapping technology, CEO Colin Angle explained in May, it can understand granular commands like 'clean in front of the kitchen counter' or 'clean around the coffee table.' And by installing this operating system on other Amazon smart home products like Ring or the Eero router, Amazon can fulfill its goals of creating a fully-functional smart home while limiting which companies products can connect to the home. This...
    OMAHA, Neb. (AP) — Warren Buffett’s company reported a $43.76 billion loss in the second quarter as the paper value of its investments plummeted and he bought significantly fewer stocks, but Berkshire Hathaway’s many operating companies generally performed well. Berkshire said Saturday that a largely unrealized $53 billion decline in the value of its investments forced it to report a loss of nearly $44 billion, or $29,754 per Class A share. That is down from $28.1 billion, or $18,488 per Class A share, a year ago. Buffett has long said he believes Berkshire’s operating earnings are a better measure of the company’s performance because they exclude investment gains and losses, which can vary widely quarter to quarter. By that measure, Berkshire’s earnings were up significantly to $9.28 billion, or $6,312.49 per Class A share from last year’s $6.69 billion, or $4,399.92 per Class A share. The four analysts surveyed by FactSet expected Berkshire to report operating earnings per Class A share of $4,741.64. Besides investments, Berkshire owns more than 90 companies outright. Berkshire said operating profits were up at all...
    In this article BRK.AAn Andy Warhol-like print of Berkshire Hathaway CEO Warren Buffett hangs outside a clothing stand during the first in-person annual meeting since 2019 of Berkshire Hathaway Inc in Omaha, Nebraska, U.S. April 30, 2022.Scott Morgan | ReutersBerkshire Hathaway's operating profits jumped in the second quarter despite fears of slowing growth, Warren Buffett's conglomerate reported Saturday. The conglomerate's operating earnings — which encompass profits made from the myriad of businesses owned by the conglomerate like insurance, railroads and utilities — totaled $9.283 billion in the second quarter of 2022. It marked a 38.8% increased from its profits during the same quarter a year ago. Berkshire also said it spent approximately $1 billion in share repurchases during the second quarter, bringing the six-month total to $4.2 billion. However, that's a slower repurchase pace than the one seen in the first quarter, when the company bought back $3.2 billion of if its own stock. Warren Buffett's conglomerate was not immune to the market turmoil in the second quarter. The company posted a $53 billion loss on its investments during the...
    (CNN)A Russian national accused of running a multibillion-dollar cryptocurrency exchange that allegedly profited from various hacking and extortion schemes has been extradited from Greece and is on his way to the US, according to the suspect's lawyer.Alexander Vinnik, who is in his early 40s, is accused of operating a cryptocurrency exchange known as BTC-e that allegedly did business with ransomware gangs, drug dealers and identity thieves, according to the Justice Department. He faces charges in the US Northern District Court of California of money laundering and operating an unlicensed money service business in the US, among other charges.Vinnik's extradition is a significant win for US law enforcement officials, who had been in a high-stakes extradition fight with Russia to gain custody of Vinnik. Frédéric Bélot, Vinnik's lawyer in France, told CNN Thursday afternoon that his client was on a plane from Athens, Greece, to the US, where he is expected to make an initial court appearance in the US Northern District of California.Bélot said that Vinnik maintains his innocence. Read MoreVinnik's extradition shows how US prosecutors have continued to pursue...
    A Norfolk man and woman were both convicted on Wednesday, August 3, of operating a meth house, officials said. Along with firearms, Vicente Andres, 61, and Margaret Sutton, 51, stored and sold meth and marijuana in a house on Danwood Drive, according to the U.S. Attorney's Office. After law enforcement issued a search warrant, officers found 10 pounds of pure methamphetamine, 10 pounds of marijuana, 3 firearms, and currency from the illegal sale of narcotics, officials reported. Andres and Sutton were convicted of conspiracy to distribute and possess with intent to distribute methamphetamine, opening a drug-involved premises, being convicted felons in possession of firearms, and other related offenses, law enforcement said. The Attorney's Office said the two suspects face a mandatory minimum penalty of 15 years in prison, as well as a maximum of life in prison for other drug and firearm related offenses.
    Friedrich Nietzsche’s famous quote that “what doesn’t kill you only makes you stronger” is only true, at least in politics, if you learn from your mistakes. And last year was a teachable moment for Democrats. Did Democrats learn the lesson? It’s not yet clear, but by the look of things on the one major bipartisan issue of 2021 — broadband and infrastructure — the jury is out. The infrastructure bill’s bipartisan broadband provisions gave unprecedented billions to cure the digital divide — $42 billion for building networks in rural areas that don’t have any yet and $14 billion to make broadband essentially free for low-income Americans who have it on their doorstep but don’t sign up. That’s huge. But now some Democrats in the administration and in various states want to use some of those funds to actually get local governments into the business of building and operating vastly complex and expensive broadband networks themselves. This is like stealing defeat from the jaws of victory. To be sure, everyone favors more broadband competition. But the idea that local governments should...
    Nearly three months since the resignation of its chief operating officer, Metro has filled the position that will be responsible for the D.C.-area transit agency’s daily operations. Metro hired Brian Dwyer as the new COO, replacing Joe Leader who resigned in May, at the same time that Metro General Manager Paul Wiedefeld announced his retirement a month earlier than planned. Randy Clarke succeeded Wiedefeld and started his second week on the job. More Local News More Transportation News More Metro News Wiedefeld’s and Leader’s departures came after reports of hundreds of Metro operators having lapsed recertifications. An independent investigation found that transit agency leaders issued waivers that contributed to training issues over over 250 rail operators. Dwyer will be managing daily operations for Metrorail, Metrobus and Metro Transit Police. His projects will include wrapping up the Silver Line extension to Dulles International Airport and returning the 7000 Series rail cars to service. Mostly recently, Dwyer was the vice president and Northeast region transit rail market lead for consulting firm WSP. Before that, he worked on projects for the...
    A 29-year-old man from Camden County, who was operating a fire truck, has been arrested and charged with two counts of vehicular homicide in the deaths of a Pine Hill man and woman, authorities said. On Thursday, July 28, John Gibson, of Lawnside, also was charged with operating a vehicle recklessly in the deaths of 68-year-old John Bishop and 75-year-old Marie Endicott, they said. Gibson was also charged with hindering apprehension or prosecution, according to Camden County Prosecutor Grace C. MacAulay. On Jan. 19, officers responded to a motor vehicle crash that occurred at 9:52 a.m., involving a Lawnside Borough Fire Department fire truck and a Nissan Sentra at the intersection of Warwick Road and the White Horse Pike in Magnolia. Both occupants of the Nissan Sentra sustained serious injuries. They both succumbed to those injuries, and both were pronounced dead at the scene, MacAulay said. An investigation determined Gibson, who was operating the fire truck on behalf of the Lawnside Borough Fire Department at the time of the crash, drove the truck into the opposing lane of travel, against the...
    SEOUL, South Korea (AP) — Samsung Electronics Co. has reported its operating profit rose 12% in the April-June quarter thanks to strong demand for server chips. The world’s top producer of smartphones and memory chips said in a statement Thursday that its operating profit for the last quarter rose to 14.1 trillion won ($10.8 billion) and its consolidated revenue climbed to a second-quarter record of 77.2 trillion won ($59 billion). Profitability of the memory business improved as the company “focused on meeting solid demand for servers under the disciplined sales strategy to meet market demand, helping to maintain average selling prices,” it said. The strength of the U.S. dollar against the Korean won benefited its components businesses, giving Samsung a 1.3 trillion won ($1 billion) company-wide gain in operating profit compared to the previous quarter. Samsung predicted server demand will remain solid but PC and mobile demand is likely to weaken further after the boom at the height of the pandemic, when people were adjusting to working from home. “For the second half, smartphone market demand...
    In this article SHOP-CA TPX GRMN SPOT HLT BA VIDEO1:3201:32News Update – Pre-MarketsNews BriefingCheck out the companies making headlines before the bell: Boeing (BA) – Boeing posted a wider-than-expected quarterly loss with revenue that fell below consensus estimates. However, Boeing reported positive operating cash flow and, unlike in prior quarters, did not see any charges related to the production of its 737 MAX jet. Boeing jumped 4.4% in premarket action. Hilton Worldwide (HLT) – Hilton rallied 4.8% in the premarket after the hotel operator's second-quarter results beat top and bottom line estimates. Hilton also raised its full-year forecast, as travel demand continues to rebound. Spotify (SPOT) – Spotify reported a wider-than-expected quarterly loss, but its revenue exceeded analyst forecasts as it saw a 14% increase in paying subscribers for its premium streaming service. Spotify jumped 6% in premarket trading. Garmin (GRMN) – The GPS device maker's stock slumped 9.3% in the premarket after its quarterly earnings beat estimates, although revenue fell short of analyst predictions. Garmin said its results were negatively affected by underperformance in its fitness segment. Tempur...
    The Hard Rock Bristol Casino’s temporary location earned $3.7 million in adjusted gross receipts (AGR) in its first few days, with a total of over $37.5 million played from July 5 through July 14. The casino had soft openings before opening to the public on Friday, July 8. Virginia Lottery Deputy Director of Gaming Compliance Gina Smith highlighted the numbers and said the casino was crowded in its first days. “I will tell you that Saturday, you could not even walk on the floor,” Smith told the Virginia Lottery Board on July 20. “What’s really important is, you know, the AGR and the taxes, almost $700,000 dollars to the commonwealth after just a week,” Smith said. The total tax revenue was $673,928, according to Smith’s presentation, first reported by The Bristol Herald-Courier. Virginia Code requires that tax funds from casinos be set aside and allocated to the host locality, a trust fund for child abuse and neglect, a problem gambling treatment fund, school improvements, and, if the facility is operated by a Virginia Indian tribe, to the Virginia Indigenous People’s...
    A POWER outage has left hundreds of visitors at a New Jersey attractions park waiting in line during a heatwave. Six Flags Great Adventure saw its opening delayed on Friday morning as the park worked to fix the power issues. 1The famous wooden roller coaster the El Toro at Six Flags Great Adventure in Jackson Township, New JerseyCredit: PitK / Alamy Stock Photo However, the Hurricane Harbor and Wild Safari attractions are not affected, a spokesperson for the park said. "Hurricane Harbor and Wild Safari are operating as scheduled," read the park's statement. "Great Adventure theme park opening is delayed due to a loss of power. We hope to have power restored and the park operating this afternoon. Check our website banner for further updates." The Jersey Central Power & Light Company said the park has its own dedicated substation and they are investigating the outage's cause, as reported by nj101.5. More to follow...For the latest news on this story, keep checking back at Sun Online. The-sun.com is your go-to destination for the best celebrity news, sports news, real-life stories,...
    by Scott McClallen   Gov. Gretchen Whitmer signed a $54 billion operating budget that, combined with the 2023 education budget, reaches a record annual spending of $77 billion. “Today, I am thrilled to sign my fourth balanced, bipartisan state budget that delivers on the kitchen-table issues that matter most to working families, was done on time, and does not raise taxes by a dime,” Whitmer said in a statement. “The budget will protect public health and public safety, expand mental health resources, grow Michigan’s economy and workforce, empower working families and communities, and pays down billions in debt.” More than $21 billion will fund Michigan education in 2023, fueled by federal COVID money to provide a record high $9,150 per-pupil funding for every public-school student. Approximately $1.7 billion will be spent to shore up K-12 and university pension programs, and another $475 million will be made available for school capital improvement and voluntary consolidation. Financial relief for taxpayers didn’t make the budget, but lawmakers included $251 million of economic development and workforce grants, $205 million in enhancement grants, and $331 million in special...
    CHICAGO (WLS) -- Chicago police are investigating after a reported stabbing on the CTA Red Line in Old Town Friday morning.Police have been on scene for hours now and the station is cordoned off with crime scene tape.According to CTA officials, southbound Red Line trains are operating over the elevated tracks between Fullerton and Cermak-Chinatown.Northbound trains are operating through the subway, but are bypassing the Clybourn stop.A shuttle bus is also being provided between Fullerton and State.Of course, this stabbing comes amid increased violence on the CTA.
    President Biden will be receiving treatment form a team of top doctors at the state-of-the-art facility inside of the White House which even has its own operating theater. The 79-year-old has been diagnosed with COVID-19 and remains in isolation after suffering fatigue, a dry cough and runny nose. His doctor, who heads up the White House Medical Unit, confirmed that he had two doses of the Pfizer coronavirus vaccine before he took office. President Biden also received a first and a second booster shot in September and March, getting the jab in the exam room of the unit. The hospital has around 30 personnel manning the building at all hours of the day, with doctors at the President’s beck and call round the clock. An exam room, with ICU supplies including the Presidents blood, was built into the ground floor of the White House, directly next to the Map Room – which former presidents used to monitor military activities around the globe. It is also located close to a larger set of offices in the Eisenhower Executive Office Building that...
    A court order that keeps Louisiana authorities from enforcing a ban on most abortions remained in effect Monday after a judge asked for more information from both sides in a lawsuit over the state's 'trigger law.' State District Judge Donald Johnson said both sides have until Tuesday morning to submit their 'proposed findings of fact and conclusions of law' in the case.  Johnson is pondering whether to allow enforcement of the abortion ban that was written in anticipation of the U.S. Supreme Court overturning the 1973 decision that established abortion rights.  Louisiana Attorney General Jeff Landry was drowned out by a series of hecklers during a Monday news conference when he declared that 'we will prevail and the rule of law will be upheld' After the historic Roe v. Wade decision, Louisiana was set to enact trigger laws that would have outlawed abortion in 10 days That decision came June 24 and abortion access in Louisiana has been flickering ever since with a series of on-again-off-again court rulings. In the meantime, Johnson said the temporary restraining order blocking enforcement of...
    The logo of cryptocurrency exchange Binance displayed on a smartphone with stock market percentages in the background.Omar Marques | SOPA Images | LightRocket via Getty Images Binance, the world's largest cryptocurrency exchange, on Monday was slapped with a 3.3 million euro ($3.4 million) fine from the Dutch central bank for operating in the Netherlands without registration. The penalty came after an August 2021 warning from De Nederlandsche Bank (DNB) last year that Binance had offered crypto services in the country without authorization. The company was dealt a category 3 fine — the most stringent of DNB's three levels of enforcement. The charge came in at the upper limit of the 2 million euros to 4 million euros maximum the bank can impose "due to the gravity and degree of culpability of the non-compliance," DNB said in a statement. The breach took place over a "prolonged period," the central bank said, spanning from May 21, 2020, until at least Dec. 1, 2021. "This is why DNB considers the non-compliance to be very grave," the regulator said. DNB said it also took...
    A man has been accused of operating a remote-controlled vehicle on a busy roadway in the region. Connecticut State Police troopers in Hartford received multiple reports of a pedestrian operating the remote-controlled car on Route 9 in the New Britain/Berlin area at around 7 a.m. Saturday, July, 16. Callers reported the man running across the northbound lanes of travel onto the southbound lanes, operating the car, police said.  A responding trooper located and approached an occupied vehicle, parked on the Route 372 westbound entrance ramp to Route 9, in the town of Berlin, and observed a remote-controlled car within the passenger compartment of the vehicle, said police.  The male occupant of the vehicle was positively identified as New Haven County resident Leonard Kroher, age 49, of Meriden.  After an investigation, Kroher was taken into custody, transported to Troop H in Hartford, and charged with the following: Disorderly conduct Reckless use of highway by a pedestrian Improper parking Kroher was released on a $5,000 non-surety bond and is scheduled to appear at New Britain Superior Court, on Friday,...
    BERLIN (AP) — Chancellor Olaf Scholz says Germany’s decision to reactivate coal and oil-fired power plants to relieve energy shortages because of the war in Ukraine is only temporary and his government remains committed to doing “everything” to combat the climate crisis. In a video message Saturday, Scholz expressed regret over Germany’s decision to fire up 16 dormant fossil fuel power plants and extend the operating permission for 11 more amid fears of further cuts in natural gas supplies from Russia. “The fact that because of Russia’s brutal attack on Ukraine we now have to temporarily use some power plants that we had already taken out of operation is bitter,” he said. “But it is only for a very short time.” Scholz insisted that Germany remains committed to ending its greenhouse gas emissions by 2045 — the earliest of any major industrialized nation — and noted a recent package of measures approved by parliament to boost the rollout of renewable energy. “We want to do everything we can to combat the climate crisis,” he said. But environmentalists say the...
    Russian and U.S. officials from NASA signed a joint agreement Friday that will allow astronauts from both countries to share transportation to the International Space Station. The new deal will let U.S. astronauts travel to the space station through Russian Soyuz space shuttles and cosmonauts from Russia's space agency, Roscosmos, depart from the Kennedy Space Center in Florida. The move will ensure that at least one U.S. and one Russian official will always remain on the station to oversee maintenance issues and spacewalks, NASA said Friday. OUT OF THIS WORLD: ASTRONOMERS DISCOVER MYSTERIOUS 'HEARTBEAT' IN FAR-OFF GALAXY "The agreement is in the interests of Russia and the United States and will promote the development of cooperation within the framework of the ISS program," Roscosmos said in a statement, according to Reuters. The first integrated flight is expected to depart from a Russian base in Kazakhstan in September, when U.S. astronaut Frank Rubio will launch into space alongside Russia's Sergey Prokopyev and Dmitry Petelin. Another departure in September will see Russian cosmonaut Anna Kikina join two...
    AVALON, N.J. (CBS) — Several New Jersey neighborhoods, stretching from the Philadelphia suburbs to the Jersey Shore, have been hit by what investigators described as a statewide luxury car theft ring. According to Avalon police, thieves stole four luxury cars — a Mercedes, a BMW, a Porsche and a Bentley — between 2 a.m. to 5 a.m. on Tuesday. READ MORE: 2-Year-Old Boy, 4 Teenagers Among 8 People Shot In 2 Separate Quadruple Shootings In Philadelphia: PoliceHome surveillance cameras captured the thieves, who were wearing gloves and masks. Police Chief Jeff Christopher said the crooks were able to steal the cars because their owners either left their key fobs in their vehicles, or they left their homes unlocked, which allowed the thieves to go inside while people were asleep and find car keys. READ MORE: Camden County Records Second Probable Case Of Monkeypox“It’s absolutely scary, and people come down on vacation to enjoy themselves, and sometimes they get complacent and leave their doors unlocked,” Christopher said. “We’re just reminding everybody to please lock your doors.” Christopher said they’re working...
    MICROSOFT has announced a shakeup to their software products that will affect users everywhere. The company will phase out Microsoft 365 apps from older operating systems - find out if your software still supports the Microsoft package. 2Microsoft was founded in 1975 and is the oldest of the five major tech companies powering the industry todayCredit: Getty Images - Getty Microsoft's family of apps are some of the most transformative software products in personal and professional computing. Microsoft Excel, one of the flagship products of Microsoft 365, is reportedly used by more than 700,000 companies worldwide. But Excel and other products in the Microsoft 365 apps package will be made incompatible with computers running on Windows 7, Windows 8.1, and Windows Server 2008 R2 starting on January 10, 2023. "We recommend that customers running these operating systems migrate to a supported OS before January 2023," Microsoft wrote in a company blog. Read More on MicrosoftWATCH OUT Warning for MILLIONS of Microsoft users to change settings immediatelyX-BOXED Xbox owners are about to lose access to HUNDREDS of games in major...