Secret Service Investigates Intrusion at National Security Adviser's Home
The U.S. Secret Service is currently investigating a concerning incident that occurred approximately two weeks ago, when an intoxicated man managed to enter the home of President Biden’s national security adviser Jake Sullivan in Washington, D.C., without being detected by agents guarding his house. The intruder seemed to be confused about where he was and did not display any signs of forced entry.
House Democrats Introduce Resolution to Expel Rep. George Santos Amid Criminal Charges
House Democrats on Tuesday introduced a privileged resolution seeking the expulsion of Rep. George Santos (R-N.Y.) from Congress, prompting a procedural vote expected within two legislative days. With nearly 50 Democratic co-sponsors supporting the motion, pressure mounts on Republicans who have thus far largely stood by Santos despite calls for his resignation.
OpenAI CEO Sam Altman Testifies Before Senate Judiciary Committee, Calls for Regulatory Guardrails on AI Technology
OpenAI CEO Sam Altman testified in front of a Senate judiciary committee panel that he supports regulatory guardrails for the technology that would enable the benefits of artificial intelligence while minimizing the harms. While acknowledging that his company is building tools that “one day will help us make new discoveries and address some of humanity’s biggest challenges," Altman stated that current systems are not yet capable of achieving these goals.
Sky Mobile Suffers Massive Outage Leaving Thousands of Customers Without Services
Sky Mobile, one of the UK's leading mobile networks, experienced a significant outage at 2.07 pm this afternoon, leaving hundreds of customers without access to mobile and internet services. Over 1,000 users reported issues on their website concerning difficulties with internet connectivity and phone service.
OpenAI CEO Sam Altman Testifies Before Senate on AI Regulation
OpenAI CEO Sam Altman is set to testify before a Senate Judiciary subcommittee on Tuesday after the viral success of ChatGPT, his company’s chatbot tool, renewed an arms race over artificial intelligence. The hearing is part of a larger effort to address the risks posed by the technology and has sparked concerns from some lawmakers.
Home Improvement Retailer Cuts Fiscal-Year Sales and Earnings Guidance, Citing Weather and Softening Demand
Home Depot Inc. (HDN), the largest home-improvement retailer in the U.S., has cut its annual sales forecast due to weak consumer demand resulting from the recent economic pandemic. The company cited weather, softening demand, and other factors as reasons for this decision.
Biden's Trip to Papua New Guinea Faces Uncertainty Amid Debt Ceiling Negotiations
Administration officials say President Joe Biden's planned trip to Papua New Guinea is aimed at bolstering the global alliance against China, particularly in relation to its expanding military operations in the South Pacific. The success of this effort largely depends on how other countries choose to ally themselves with the United States in confronting Beijing's aggression.
Citizenship Scam: British Men Offered £10,000 to Pose as Fake Fathers on Migrant Mothers' Birth Certificates
A recent BBC Newsnight investigation has revealed a citizenship scam that involves British men being offered up to £10,000 to pose as fake fathers for the babies of migrant mothers. In exchange for the payment, these men add their names to the children's birth certificates.
Vodafone to Cut 11,000 Jobs Amid Performance Struggles
Vodafone Group Plc announced plans to axe 11,000 jobs over the next three years due to lackluster performance. The cuts will affect its Berkshire headquarters and other countries, with shares dropping by 4% following the announcement.
UK Unemployment Rate Rises to 3.9% as Job Market Cools
The United Kingdom's unemployment rate has risen from 3.8% to 3.9%, according to the Office for National Statistics (ONS), marking a shift in the nation's job market during the January-March quarter of this year.
Multitude SE Management Unit Handles Transactions and Instruments for Notable Employees
Multitude SE (SE), a renowned management unit, has taken charge of managing the transactions and instruments related to several high-profile employees. The company is responsible for overseeing these procedures, ensuring smooth operations involving managers and workers alike.
Village People Issue Cease-and-Desist Letter to Donald Trump Over Unauthorized Music Use
Village People, the iconic 70s disco band, have sent a cease and desist letter to former President Donald Trump, demanding that he stop using their music without consent. The letter was prompted by a video of Trump dancing at his Mar-a-Lago estate alongside impersonators dressed as the Village People while "Macho Man" played in the background.
Wells Fargo Agrees to $1 Billion Settlement in Shareholder Lawsuit Over Unauthorized Accounts Scandal
Wells Fargo & Co. has agreed to pay $1 billion to shareholders as part of a class-action lawsuit related to the bank's 2016 unauthorized accounts scandal. The settlement, which still requires approval over the next few months, will conclude a lawsuit involving both the company and several former executives and directors who have not been associated with Wells Fargo for multiple years.
Fort Robotics Shifts Focus to Software with 'Futuristic' Platform for Autonomous Systems
Philadelphia-based company, Fort Robotics, has announced a significant pivot in its business strategy. The firm is now concentrating on the development of a groundbreaking software platform designed for autonomous systems.
Mike Pence Forms Super PAC as He Eyes 2024 Presidential Nomination
Former Vice President Mike Pence has formed a political action committee, Committed to America, to support his potential bid for the 2024 Republican presidential nomination. The super PAC will be led by Scott Reed, campaign manager of Bob Dole's 1996 presidential run and former eight-term US Representative Jeb Hensarling.
U.S. Virgin Islands Subpoenas Elon Musk in JPMorgan Chase Lawsuit Linked to Jeffrey Epstein
The U.S. Virgin Islands has issued a subpoena to serial entrepreneur Elon Musk as part of its lawsuit against JPMorgan Chase & Co., accusing the bank of knowingly benefiting from Jeffrey Epstein's sex-trafficking operations. The territory believes that Epstein may have referred or attempted to refer Musk, along with several other billionaires including Google co-founders Larry Page and Sergey Brin, as clients for the financial institution.
China's Industrial Output Grows 5.6% in April, Misses Expectations Amid Uneven Economic Recovery
China's economic data for April revealed an uneven recovery path as the nation continues to emerge from the impact of stringent Covid restrictions. The industrial output grew by 5.6%, missing expectations by a large margin but accelerating from a 3.9% gain seen in March.
Former Staffer Files Rape and Civil Lawsuit Against Rudy Giuliani, Alleging Presidential Pardon Sales
A former employee of Rudy Giuliani, Noelle Dunphy, has filed a lawsuit accusing the ex-mayor of New York City and personal lawyer to Donald Trump of sexual assault, harassment, unpaid wages, discriminatory remarks, and offering to sell presidential pardons for $2 million each.
Hawaii Technology Development Corporation Awards Over $2 Million in Grants to Local Companies
The Hawaii Technology Development Corporation (HTDC) has awarded more than $2 million in grant funding to 15 local companies as part of the Hawaii Small Business Innovation Research (HSBIR) program. The HSBIR program aims to support businesses that are developing new technologies, platforms, or processes.
IRS Whistleblower Team Removed from Hunter Biden Investigation, Justice Department Requested Removal
A letter sent to members of House and Senate committees by attorneys Mark Lytle and Tristan Leavitt representing the Internal Revenue Service (IRS) whistleblower in the Hunter Biden investigation has revealed that the whistleblower and his team of investigators have been removed from the case at the request of the Justice Department. This news broke as Hunter Biden attended a graduation ceremony for his daughter Maisy with President Joe Biden and family.
Progressives Warn President Biden of Potential Blowback in Debt Ceiling Negotiations
Progressive lawmakers have cautioned President Joe Biden that he may face backlash from the left if he compromises with Republicans during debt ceiling negotiations. Treasury Secretary Janet Yellen announced on Monday that the U.S. could lose its capacity to pay off debt as early as June 1, adding urgency to these discussions.
Vice President Kamala Harris Earns More in Book Royalties Than President Joe Biden
White House financial disclosures released on Monday reveal that Vice President Kamala Harris earned more than President Joe Biden in book royalties last year. According to the reports, Harris reported earning $41,104 from her 2019 memoir, while Biden's book royalties fell sharply to between $2,500 and $5,000 in 2022.
FBI Releases Response to Durham Report, Admits Fault and Implements Corrective Actions
The Federal Bureau of Investigation (FBI) has released a response to a report by Special Counsel John Durham, who concluded that the Department of Justice (DOJ) and FBI failed to uphold their mission of strict fidelity to the law when they opened an investigation into alleged collusion between former President Donald Trump's 2016 presidential campaign and Russia. The agency admitted fault in the report and said that "dozens of corrective actions" have already been implemented as a result of the investigation.
IRS Confirms Higher Audit Rates for Black Taxpayers, Pledges Review of Algorithms for Systemic Racial Bias
The Internal Revenue Service (IRS) has confirmed that it audits Black taxpayers at significantly higher rates than other Americans. This revelation supports earlier findings by researchers at leading universities and the Treasury Department.
President Biden's Financial Disclosure Report Shows No Foreign Income Sources
President Joe Biden's annual financial disclosure report, released on Monday, revealed no evidence of foreign income sources. Instead, the report highlighted royalties from a pair of books he published years earlier and gifts from his older son, Beau.
Former NYC Mayor Rudy Giuliani Faces Lawsuit Alleging Workplace Harassment and Sexual Assault
A recent lawsuit has been filed against former New York City Mayor Rudy Giuliani, accusing him of workplace harassment and sexual assault. Noelle Dunphy, 43, who was hired as a business development director in January 2019, claims that not only did Giuliani fail to pay her the promised $1 million salary for the job but also alleges that his offer was "a sham motivated by his secret desire to pursue a sexual relationship" with her.
US FTC to File Lawsuit Blocking Amgen's $27.8 Billion Acquisition of Horizon Therapeutics
The US Federal Trade Commission (FTC) is expected to file a lawsuit on Tuesday in an attempt to block the $27.8 billion deal between Amgen Inc., one of the world's leading biotechnology companies, and Horizon Therapeutics Plc, a global biopharmaceutical company focused on rare diseases. According to an anonymous source familiar with the matter, this action by the FTC aims at preserving competition within the drug development industry.
Japan's Topix Reaches Highest Close Since 1990 Amid Foreign Buying and Corporate Governance Improvements
Japan's Topix stock index rose to its highest level since August 1990, driven by foreign buying and corporate governance improvements. The benchmark climbed 0.6% to close at 2,127.18, with solid earnings at firms focused on domestic demand adding to bullish sentiment.
U.N. President Mahmoud Abbas Calls for Suspension of Israel's Membership
U.N. President Mahmoud Abbas has urged the United Nations to suspend Israel's membership unless it implements resolutions establishing separate Jewish and Arab states and allows the return of Palestinian refugees. In a speech given during the first official U.N commemoration of the flight of hundreds of thousands of Palestinians from what is now Israel following the U.S. partition of British-ruled Palestine 75 years ago, Abbas expressed his dissatisfaction with Israel's actions.
New Jersey Senate Joins Opposition against Manhattan Congestion Pricing
New Jersey's Senate has joined forces with the state's governor and several members of the House of Representatives in expressing their disapproval of the tolling program set to be implemented in Manhattan. The congestion pricing plan, which would charge drivers entering the busiest parts of Manhattan, has faced opposition from various groups including taxi drivers and ridesharing service providers like Lyft and Uber.
Trump Suggests Reinstating Michael Flynn, Thrilling Christian Nationalists
This weekend, former President Donald Trump sparked controversy by suggesting the reinstatement of Lt. Gen. Michael Flynn, co-founder of a Christian nationalist roadshow and key figure in the Stop The Steal movement. This move has been met with mixed reactions within the Republican party and even amongst some QAnon believers.