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Secretary of Defense James Mattis is implicated in one of the largest business scandals of the past decades, described by the Securities and Exchange Commission as an “elaborate, years-long fraud” through which Theranos, led by CEO Elizabeth Holmes and president Ramesh “Sunny” Balwani, “exaggerated or made false statements about the company’s technology, business, and financial performance.” Basically, their biotech startup was founded on the promise of faster, cheaper, painless blood tests. But their technology was fake. Mattis not only served on Theranos’s board during some of the years it was perpetrating the fraud after he retired from US military service,...

Published on Saturday 6th of June 2020 06:49:00 AM Read more...

Twitter said Friday morning that a tweet from President Trump in which he threatened shooting in response to civil unrest in Minneapolis violated the company's rules. The company said it was leaving the tweet up in the public interest. Why it matters: The move exacerbates tensions between Twitter and Trump over the company's authority to label or limit his speech and, conversely, the president's authority to dictate rules for a private company.

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In a series of radio interviews this week, SEC commissioner Greg Sankey was clear that the goal for college football next season is for all 130 major programs, interconnected from coast to coast, to be playing. “The hope is we all move along together,” Sankey said or reiterated on “The Paul Finebaum Show” and 1010XL in Jacksonville, Florida. The SEC doesn’t want a season where the Pac-12 doesn’t play, or the Mid-American Conference doesn’t play or even a third of the Big Ten sits out. It wants all the Saturdays full, a complete bowl season and, of course, a contested...

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American hedge fund boss Bill Ackman has made $2.6 billion by betting against the markets just days after stoking fears by saying 'hell is coming' and begging President Donald Trump to shut down the country amid the coronavirus pandemic. The Pershing Square Capital Management hedge fund manager said his firm had made $2.6billion from a one-off bet that the coronavirus outbreak would cause a global market crash. His firm seized upon bond market turmoil during the coronavirus crisis in buying 'credit protection on various global investment grade and high-yield credit indices'.

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NASHVILLE, Tenn. (WTVF) — The Southeastern Conference has canceled the Men's Basketball Tournament in Nashville amid COVID-19 concerns.

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HUGE: Strzok-Page Texts Were Not Unearthed by Sharp FBI Investigative Work – Strzok’s Angry and Scorned Wife Turned Him In After Finding Texts on His Phone! ... the reason corrupt FBI agent Peter Strzok was caught texting his lover in the FBI, Lisa Page, was not due to incredible investigative work. The reason was the oldest explanation in the book – his jealous and scorned wife! We are only now finding out how Peter Strzok got caught texting his mistress Lisa Page at the FBI. He was outed by his wife – ... Sidney Powell summed it up – “There...

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With nothing but a bye week standing in the way of the game of the season, LSU began the trash talking process by calling up Alabama in typical horror film style.

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The state's top prosecutor believes that the go-to social media site for accused Tree of Life shooter Robert Bowers is on its last legs financially, according to a statement issued early Thursday further explaining that office's decision to close a civil probe that followed the synagogue massacre. The statement from the office of Attorney General Josh Shapiro indicates that the decision to close the probe followed indications that Pennsylvania-based Gab.com "had exhausted its already-raised money, and was no longer going to be serviced by the payment processors, cutting off all public funding to support the business." Spokeswoman Jacklin Rhoads went...

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The SEC takes football a little bit more seriously than the rest of the country. Let Connor Bruce Croll serve as an example. The 19-year-old Alabama freshman has been arrested, accused of calling in a threat to LSU’s Tiger Stadium during its Saturday night showdown against the Florida Gators, the Tuscaloosa News reports. The nature of the alleged threat hasn’t been disclosed. But if the allegations are true, then this die-hard Crimson Tide fan went to extreme measures to disrupt a game between two of Alabama’s biggest rivals.

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SEC: Environmental investment company Natural Blue Resources run by criminals The Securities and Exchange Commission (SEC) charged a company cofounded by Paul Pelosi Jr. with fraud on Wednesday after learning that two convicted criminals were running the business. Paul Pelosi Jr., the son of House Minority Leader Nancy Pelosi (D., Calif.), was the president and chief operating officer of Natural Blue Resources Inc., an investment company he cofounded that focuses on "environmentally-friendly" ventures. The SEC charged four individuals with fraud, including former New Mexico Gov. Toney Anaya, and suspended trading in the company’s stock. Pelosi owned over 10 million shares...

Published on Saturday 6th of June 2020 06:49:00 AM Read more...

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