Jun 14 Theranos founder objects to $250 monthly restitution sought by U.S. By Wyatte Grantham-Philips, Associated Press Federal prosecutors argue that Holmes should be required to pay at least $250 each month — or 10 percent of her earnings, whichever is greater — in criminal monetary penalties upon supervised released. But Holmes' lawyers pushed back on the… Continue reading
Jun 14 How billions in COVID-19 pandemic relief aid was stolen or wasted By Richard Lardner, Jennifer McDermott, Aaron Kessler, Associated Press Fraudsters used Social Security numbers of dead people to get unemployment checks. Cheaters collected benefits in multiple states. And federal loan applicants weren't cross-checked against a Treasury Department database that would have raised red flags about sketchy borrowers. Continue reading
Jun 14 Republican-controlled House approves bills to protect gas stoves amid air quality concerns By Matthew Daly, Associated Press Bills approved this week would prohibit use of federal money to regulate gas stoves as a hazardous product and block an Energy Department rule setting stricter energy efficiency standards for stovetops and ovens. Continue reading
Jun 14 Robert Gottlieb, celebrated literary editor of Toni Morrison and Robert Caro, dies at 92 By Hillel Italie, Associated Press Gottlieb died Wednesday and had one of the most remarkable runs of any editor after World War II, helping shape the modern publishing canon. Continue reading
Jun 14 How Europe is leading the world in the push to regulate artificial intelligence By Kelvin Chan, Associated Press It comes as authorities worldwide are racing to rein in AI, and the legislation could act as a model for other places working on similar regulations. Continue reading
Jun 14 Fed keeps rates unchanged for first time in 15 months but signals 2 more potential hikes this year By Christopher Rugaber, Associated Press The Fed's move to leave its benchmark rate at about 5.1 percent, its highest level in 16 years, suggests that it believes the much higher borrowing rates it's engineered have made some progress in taming inflation. Continue reading
Jun 14 Long-awaited Vietnam energy plan aims to boost renewables, but fossil fuels still in the mix By Victoria Milko, Associated Press Experts say the plan will aid the country's transition toward renewable energy and provides more clarity for businesses looking to invest in Vietnam's energy market. Continue reading
Jun 14 Fox News says it 'addressed' onscreen caption calling Biden a 'wannabe dictator' By David Bauder, Associated Press Fox said in a statement Wednesday that “the chyron was taken down immediately and was addressed.” The website Mediaite reported that the message was onscreen for 27 seconds. It was also not removed when the telecast was rerun late at… Continue reading
Jun 14 European Commission charges Google with antitrust violations, says it must break up digital ad business By Kelvin Chan, Samuel Petrequin, Associated Press The unprecedented decision Wednesday to push for such a breakup marks a significant escalation by Brussels in its crackdown on Silicon Valley digital giants. Continue reading
Jun 14 WATCH: Fed Chair Powell announces interest rates will remain unchanged as inflation eases By Christopher Rugaber, Associated Press The Fed’s move to leave its benchmark rate at about 5.1 percent, its highest level in 16 years, suggests that it believes the much higher borrowing rates it’s engineered have made some progress in taming inflation. Continue reading