United States

Trump clemency recipient Philip Esformes reaches plea deal in Medicare fraud case

Convicted Medicare fraudster Philip Esformes has reached a plea deal that could resolve a long-running, complicated criminal case that has…

Ad giant Publicis paying $350 million to settle U.S. opioid crisis claims

The health-care division of French ad giant Publicis agreed to pay $350 million to settle claims that its past marketing…

FBI shuts down China’s ‘Volt Typhoon’ hackers targeting U.S. infrastructure

The FBI shut down a major China-backed hacking group that attacked hundreds of routers and had been working to compromise…

Chinese hackers are determined to ‘wreak havoc’ on U.S. critical infrastructure, FBI director warns

Chinese government hackers are busily targeting water treatment plants, the electrical grid, transportation systems and other critical infrastructure inside the…

Stocks are the ‘asset class of choice’ as markets are now used to bad news, strategist says

Geopolitical risks may be mounting, but stocks are still the “asset class of choice,” according to Beat Wittmann, partner at…

DOJ and SEC unveil charges in $1.9 billion HyperFund cryptocurrency fraud

The Department of Justice on Monday announced criminal charges against two people and the guilty plea of a third person…

Haley hits Trump on tariffs ahead of her Wall Street fundraisers

Former South Carolina Gov. Nikki Haley drew a sharp line Monday between her views on trade and the tariffs proposed…

Biden faces demands from Republicans in Congress to strike Iran after U.S. troop deaths

Congressional lawmakers are demanding President Joe Biden strike Iran after three U.S. troops were killed Sunday night in Jordan in…

U.S. reviewing Venezuelan sanctions policy in wake of court decision

The U.S. is reviewing its sanctions policy against Venezuela after a court in that country upheld a ban preventing presidential…

Trafigura assesses Red Sea risks after tanker attacked by Houthis

Commodities trader Trafigura said on Saturday it was assessing the security risks of further Red Sea voyages after firefighters put…