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Business News

Location American Business News for 10 October 2024
The expected settlement with regulators and prosecutors relates to charges that the Canadian bank's U.S. unit failed to properly monitor money laundering by drug cartels.
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Zantac's Developer Settles Lawsuits Claiming Cancer Link

The New York Times - 10 Oct 2024 02:05
Zantac's Developer Settles Lawsuits Claiming Cancer Link GSK, which developed and sold versions of the now-discontinued blockbuster heartburn drug, agreed to pay up to $2.2 billion.
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FBI Creates Crypto Token to Expose Fraud -- Seizes $25M in Cryptocurrency, Charges 18 Eighteen individuals and entities have been charged with fraud and market manipulation in the cryptocurrency industry. The charges involve deceptive practices such as wash trading and pump-and-dump schemes that inflated ...
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Lisa Marie Presley wrote in her new memoir that getting an abortion was the 'stupidest thing' she ever did, and she later 'schemed' to get pregnant again with Danny Keough Lisa Marie Presley wrote about her relationship with Danny Keough in her memoir, "From Here to the Great Unknown," cowritten by Riley Keough.
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Nearly 10 million pounds of ready-to-eat beef and chicken recalled due to listeria outbreak As of Thursday, there were no confirmed reports of listeria infections caused as a result of consuming BrucePac-produced meat.
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Stock market today: Indexes decline after inflation comes in hotter than expected Indexes slipped Thursday as investors took in hotter-than-expected inflation data on the heels of last week's blockbuster jobs report.
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Why PayPal's stock just got downgraded in the face of this year's strong rally A Bernstein analyst sees a "wider-than-usual range of long-term outcomes for this company" as PayPal navigates competitive pressures.
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Ohio's New Crypto Fraud Unit Claims First Victory, Recovers $130K From Scam The Ohio Bureau of Criminal Investigation’s new Electronic Fraud Investigations unit has recovered $130,000 from a cryptocurrency scam in its first victory. The unit was established to address the growing complexity of...
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Spain looks to immigrants to drive economy Spain has seen a big rise in illegal immigration, but some say that the extra workers are needed.
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LLMs can retrieve disparate facts from their context windows, but when it comes to reasoning over their context, they struggle badly.
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Brazilian Authorities Launch Operation Targeting Entities Facilitating Crypto Money Laundering The Brazilian Federal Police launched Operation Alcacaria this Wednesday, aiming to thwart the action of a network focused on providing money laundering services using cryptocurrency. The operation involved 62 search war...
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Frances Conley, Neurosurgeon Who Protested Sexism, Dies at 83

The New York Times - 10 Oct 2024 23:33
Frances Conley, Neurosurgeon Who Protested Sexism, Dies at 83 She was the rare woman in her field, and a tenured professor. But when a sexist colleague was promoted, she quit, forcing a reckoning in her profession.
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Where to watch Lynx vs. Liberty: Live stream WNBA Finals Game 1 The WNBA Finals tip off tonight with a match-up between the Minnesota Lynx and New York Liberty. Learn where to watch the Lynx vs. Liberty at home.
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Sponsor content from Schneider Electric.
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Teva Pharmaceuticals to Pay $450 Million to Settle Kickback Allegations The payment is to resolve allegations that the generic drug manufacturer submitted false claims and violated a federal law that prohibits the payment of kickbacks to generate federal healthcare business or induce patient...
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Deadly Hurricane Milton halts life for millions of Floridians as it ravages the state Hurricane Milton hit Florida with 120 mph winds and over 100 tornadoes, leaving 11 million people at risk of flash floods.
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Bitcoin price fell 24%+ the last time this metric turned negative -- Will it happen again? Bitcoin derivatives metrics shifted as BTC price fell under $59,000 today. Are lower prices incoming?
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Trump's Lead Over Harris Widens on Polymarket's Prediction Market His odds of winning the U.S. presidential election have soared to a more than two-month high.
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Energy & Utilities Roundup: Market Talk

Wall Street Journal - 10 Oct 2024 23:05
Energy & Utilities Roundup: Market Talk Find insight on oil prices, Repsol and more in the latest Market Talks covering Energy and Utilities.
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Costco shoppers stocking up on toilet paper, bottled water, and other supplies had a measurable impact on the wholesale club's monthly sales.
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Basic Materials Roundup: Market Talk

Wall Street Journal - 10 Oct 2024 22:58
Basic Materials Roundup: Market Talk Read about Givaudan, Rio Tinto and more in the latest Market Talks covering Basic Materials.
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Auto & Transport Roundup: Market Talk

Wall Street Journal - 10 Oct 2024 22:56
Auto & Transport Roundup: Market Talk Find insight on Delta, RENK Group, Tesla and more in the latest Market Talks covering the Auto and Transport sector.
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