Archegos’s Bill Hwang sentenced to 18 years in prison for massive US fraud | Crime News
Hwang had been convicted in July on 10 criminal charges including wire and securities fraud, market manipulation. Former billionaire investor Sung Kook “Bill” Hwang has been sentenced to 18 years in prison over the collapse of Archegos Capital Management, which cost Wall Street banks more than $10bn. Hwang was sentenced on Wednesday by United States […]
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MSNBC’s future a ‘big concern’ for staffers as Comcast moves to separate liberal network from NBCUniversal
Comcast officially announced on Wednesday it would spin off several NBCUniversal cable networks, including MSNBC, in a move that will dramatically shake up the landscape of legacy media as the liberal cable outlet will no longer be affiliated with NBC News. Cesar Conde will continue leading the NBCUniversal News Group, but now that group only includes […]
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Convicted Jan. 6 Rioter Found Guilty of Planning to Kill FBI Agents
A Tennessee man, previously charged for his role in the January 6, 2021, U.S. Capitol riot, was found guilty on Wednesday of conspiring to kill federal investigators. Supporters of then-President Donald Trump descended on the Capitol on January 6, 2021, in an effort to prevent the official certification of the 2020 election results, which gave […]
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At least 150 people killed over past week in Haiti’s Port-au-Prince: UN | Armed Groups News
At least 150 people have been killed in Port-au-Prince over the past week, the United Nations says, as the Haitian capital reels from a surge in gang violence. In a statement on Wednesday, the UN Office of the High Commissioner for Human Rights said more than half of the deaths – at least 55 percent […]
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GOP lawmakers reveal a heightened legislative focus against ‘irreversible’ gender surgery on minors
Republicans are gearing up for a trifecta of control in Congress next year with a heightened focus on legislation against transgender medical procedures on minors. During a Senate panel on Wednesday afternoon, lawmakers discussed the future of legislative action in Congress, such as bans on biological males competing in women’s sports, restrictions on gender-related surgery […]
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One of the World’s Richest People, Gautam Adani, Indicted on Fraud Charges in the US
Billionaire Gautam Adani has been charged by U.S. federal prosecutors with defrauding investors and orchestrating a covert scheme to bribe officials in India, authorities said Wednesday. Who Is Gautam Adani? Adani, ranked among the world’s wealthiest individuals, built his fortune in the coal business in the 1990s in India and has since been a power […]
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Comcast to spin off cable TV networks as ‘streaming won’ | Television News
Comcast will spin off many of its cable television networks that were once at the heart of the entertainment giant as people increasingly swap out their cable TV subscriptions for streaming platforms. Those one-time stars of Comcast’s NBCUniversal cable television networks include USA, Oxygen, E!, SYFY and the Golf Channel as well as CNBC and […]
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Chief opponent to Uganda’s president appears in court days after going missing
A well-known Ugandan opposition figure appeared in a military court Wednesday days after he was reported missing in neighboring Kenya, and denied a charge of seeking military support from abroad to destabilize Uganda’s military forces. Kizza Besigye, a fierce critic of Ugandan President Yoweri Museveni and once his personal doctor, has faced arrest and assault […]
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Trump Expected to Tap Project 2025 Architect for White House Budget Office
President-elect Donald Trump is reportedly expected to name one of the key architects of Project 2025 to lead the White House Office of Management and Budget (OMB). As of Wednesday afternoon, the president-elect has not formally announced Russell Vought’s nomination, but two sources close to the Trump transition team confirmed the decision with CBS News. […]
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Hezbollah chief: ‘Halt to hostilities is now in Israel’s hands’ | Israel attacks Lebanon
Hezbollah chief Naim Qassem says his group has reviewed the US-drafted ceasefire proposal to end fighting with Israel and that a ‘halt to hostilities is now in Israel’s hands’. Qassem also said that Israeli strikes on Beirut would be met with strikes ‘on central Tel Aviv’.
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