The U.S. editorial collective "Investigative One" has launched a new online project: www.josiphebdo.com. "We want to shed light on dark business networks and illegal methods," says Kaitlin Jackson, who is overseeing the current project around an alleged cryptocurrency and international fraud network. "International crime syndicates can manipulate opinions, deceive people and grab billions via the Internet. With josiphebdo.com, we want to educate and warn." The project was born out of a merger of several editorial offices in the U.S., Germany, Switzerland and an African investigative journalists' network.
As the world economy awakens from the 15-month slumber caused by the pandemic, Deutsche Bank has launched a series of research articles to spark debate and discussion about pressing post-pandemic economic issues. On June 7, Deutsche Bank issued its first report of the new series, titled “Inflation: The defining macro story of this decade.”
American companies began to rethink their requirements for face masks after federal health regulators relaxed their guidelines this week, and on Friday Walmart made the first big move to bend to the new view. The U.S.’s largest private employer said it would no longer require vaccinated workers and shoppers to wear masks in stores and warehouses outside of municipalities that require it. Walmart’s new policy for its 1.6 million U.S. workers goes into effect May 18, the company said, while vaccinated customers could shop maskless immediately.
A federal bankruptcy judge dismissed an effort by the National Rifle Association to declare bankruptcy on Tuesday, ruling that the gun rights group had not filed the case in good faith. The ruling slams the door on the NRA's attempt to use bankruptcy laws to evade New York officials seeking to dissolve the organization. In his decision, the federal judge said that "using this bankruptcy case to address a regulatory enforcement problem" was not a permitted use of bankruptcy.
Four months after former President Donald Trump was banished from most mainstream social media platforms, he returned to the web last Tuesday with “From the Desk of Donald J. Trump,” essentially a blog for his musings. A week since the unveiling, social media data suggests things are not going well. The ex-president’s blog has drawn a considerably smaller audience than his once-powerful social media accounts.
Sally Buzbee, executive editor and senior vice president of The Associated Press, has been named the new executive editor of The Washington Post, the paper reported on Tuesday. Buzbee will become the first woman to lead the Post’s newsroom when she begins work next month, replacing former executive editor Martin Baron, who retired in February.
Florida Gov. Ron DeSantis, continuing his ongoing feud with most of the “corporate media,” on Thursday signed into law a contentious election bill during an event where only Fox News was allowed to observe.
Microsoft co-founder Bill Gates and his wife, Melinda, announced Monday that they are parting ways after nearly three decades of marriage. “After a great deal of thought and a lot of work on our relationship, we have made the decision to end our marriage,” the pair said in a statement.
Billionaire investor Warren Buffett has confirmed that the vice-chairman of his Berkshire Hathaway investment conglomerate, Greg Abel, will succeed him as chief executive. The 90-year-old’s succession plan was teased out of him – apparently by accident – by his longtime business partner, 97-year-old Charlie Munger, at the company’s annual meeting over the weekend. Buffett, speaking to CNBC in an interview broadcast on Monday, confirmed the choice.
Apple executives announced record revenues on Wednesday, with earnings far surpassing analysts’ expectations. Revenue was up 54% year-over-year to nearly $90bn. Sales in China doubled. Mac sales were a third higher than predicted and iPhone sales came in around $48bn – roughly $6.5bn higher than initial estimates.
For a decade, Bitcoin Fog has offered to obscure the source and destination of its customers' cryptocurrency, making it one of the most venerable institutions in the dark web economy. Now the IRS says it has finally identified the Russian-Swedish administrator behind that long-running anonymizing system and charged him with laundering hundreds of millions of dollars worth of bitcoins, much of which was sent to or from dark web drug markets. What gave him away? The trail of his own decade-old digital transactions.
Infamous fraudster Bernie Madoff has died at age 82. Madoff masterminded the biggest investment fraud in U.S. history, a Ponzi scheme that ripped off tens of thousands of people of as much as $65 billion. Madoff was serving a 150-year sentence at the federal prison care center in Butner, North Carolina, where he was being treated for what his attorney called terminal kidney disease.
Facebook allowed the president of Honduras to artificially inflate the appearance of popularity on his posts for nearly a year after the company was first alerted to the activity. The astroturfing – the digital equivalent of a bussed-in crowd – was just one facet of a broader online disinformation effort that the administration has used to attack critics and undermine social movements, Honduran activists and scholars say. Facebook posts by Juan Orlando Hernández, an authoritarian rightwinger whose 2017 re-election is widely viewed as fraudulent.
The value of the cryptocurrency bitcoin has surged to a record high, reaching $63,000. The cryptocurrency, which has risen in value by 450% in the last six months, continued to climb by a further 5% during trading on Tuesday. Bitcoin’s price has more than doubled since the start of 2021. The digital currency has been on a rollercoaster ride in the last year, and was trading at about only $7,000 in April 2020.
Former Speaker John Boehner (R-Ohio) on Monday said the "unemployed" former President Trump has nothing better to do than stir up trouble following his departure from Washington. "Here's a guy who's unemployed, has nothing else to do but cause trouble. And clearly, it's obvious to me that he's not going away," Boehner said on "The View."
Dozens of chief executives and other senior leaders gathered on Zoom this weekend to plot what several said big businesses should do next about new voting laws under way in Texas and other states.
Mike Lindell, the formerly ubiquitous purveyor of both Donald Trump’s election lies and his own range of My Pillow bedding accoutrements, says he has hired private investigators to find out why he appears to have fallen out of favor with Fox News.
If former President Donald Trump manages to get back on Facebook and Instagram this month, his win will rest on a series of close calls. Facebook’s oversight board is expected to rule in the coming weeks on whether to uphold or overturn Trump’s indefinite suspension from the platforms, which the company imposed after the Jan. 6 Capitol riots over fears he might incite further violence. So far, the panel of scholars, lawyers and other outside experts has bucked Facebook’s judgment in five of the six decisions it has rendered.
Egypt won’t release the massive container ship that blocked the Suez Canal for nearly a week in March until its owners agree to pay as much as a billion dollars in compensation, according to local authorities, as they investigate how the Ever Given got stuck and shut down one of the world’s most important waterways.
The head of the Anti-Defamation League (ADL) has called for Fox News host Tucker Carlson to be fired after a segment Thursday that referenced "replacement" theory. Greenblatt was referring to Carlson’s appearance on “Fox News Primetime,” when, talking to columnist Mark Steyn, the host offered a theory on why Democrats are pro-immigration.
A boutique conservative consultancy group working on behalf of Rep. Matt Gaetz is threatening to sue journalists for their coverage of the embattled congressman. The entity, Logan Circle Group, is run by Harlan Hill, a former Democrat who became a top Trump surrogate during the 2016 presidential election. The official behind the recent legal threats is Erin Elmore, a colleague of Hill’s at the Washington-based consulting firm and a Season 3 contestant on “The Apprentice.”
Bill Gates has never been a farmer. So why did the Land Report dub him “Farmer Bill” this year? The third richest man on the planet doesn’t have a green thumb. Nor does he put in the back-breaking labor humble people do to grow our food and who get far less praise for it. That kind of hard work isn’t what made him rich.
ABC Boss tells McCain and Behar to cool it with personal attacks
Following the latest on-air blowup between Meghan McCain and Joy Behar, ABC News President Kim Godwin called a last-minute meeting with the co-hosts and producers of The View to demand an end to the personal attacks. After Monday’s broadcast that featured McCain and Behar lashing out at each other over antisemitism, ABC reportedly received a flood of calls from viewers pleading with the network to get rid of McCain. Godwin said during the virtual chat that the on-air attacks had become too toxic and do not comport with the direction she wanted for the long-running talk show.
Chris Cuomo had ‘inappropriate’ strategy meetings with brother Andrew
CNN has given its primetime host Chris Cuomo a slap on the wrist for taking part in “inappropriate” meetings to advise his brother on how to respond to an onslaught of sexual harassment accusations. According to a Washington Post report, Cuomo joined several conference calls with New York Gov. Andrew Cuomo and his top aides to discuss political strategy.
Volkswagen accidentally posts new company name
Volkswagen on Monday appeared to accidentally announce a rebranding with the new name “Voltswagen,” before quickly removing the press release from its website. On Monday morning, the German automaker posted a statement on its website announcing the “rebranding,” in an apparent shift towards its investment in electric vehicles, before taking it down, USA Today reported. In the release, the automaker said the rebranding is “more than a name change."
White House downplays surprising February jobs gain
Top White House officials took little solace in the better-than-expected February jobs report, insisting Friday that the U.S. was far from a full and equitable recovery from the coronavirus pandemic. The February jobs report released Friday showed the U.S. gaining 379,000 jobs last month, nearly double the consensus estimates of economists. The unemployment rate also dropped 0.1 percentage points to 6.2 percent, its lowest level since March 2020, as businesses prepared for a post-pandemic world.
CDC signs off on Johnson & Johnson vaccine
The Centers for Disease Control and Prevention (CDC) on Sunday formally accepted the recommendation from its advisory panel that Johnson & Johnson's COVID-19 vaccine can be given to people ages 18 and older in the United States. The announcement by CDC Director Rochelle Walensky will allow vaccinations to begin as soon as the doses are received. Walensky called the decision "another milestone toward an end to the pandemic."