U.S. regulators on Tuesday announced a combined $549 million in penalties against Wells Fargo and a raft of smaller or non-U.S. firms that failed to maintain electronic records of employee communications. The Securities and Exchange Commission disclosed charges and $289 million in fines against 11 firms for “widespread and longstanding failures” in record-keeping, while the Commodity Futures Trading Commission also said… Continue reading Banks hit with $549 million in fines for use of Signal, WhatsApp to evade regulators
Tag: hit
China floods, drought hit farmers and crops
BEIJING — First, temperatures soared for weeks on end, baking the Chinese capital in triple-digit temperatures. A month later, flooding from Beijing’s worst storm in 140 years killed at least 20 people in and around the city. Summer in China so far has been a season of extremes, with the country lurching between stifling, unrelenting… Continue reading China floods, drought hit farmers and crops
How Armani White’s “Billie Eilish” became a hip-hop hit
The Chorus It’s been a year since White was signed to Def Jam, and he’s been going nonstop, he said. He moved from Pennsylvania to California and recently released “Road to CASABLANCO,” an album featuring big names like Busta Rhymes, A$AP Ferg, Fivio Foreign and others. White calls his genre “happy hood music,” an expression… Continue reading How Armani White’s “Billie Eilish” became a hip-hop hit
Ukrainian drones hit sanctioned Russian tanker in second sea attack in a day
A Russian tanker under U.S. sanctions was hit by Ukrainian drone near a strategic bridge in the Kerch Strait that links Russia to the annexed Crimean peninsula, Kremlin officials said Saturday. The “Sig” was damaged with a hole “near the waterline on the starboard side, presumably as a result of a sea drone attack” Russia’s… Continue reading Ukrainian drones hit sanctioned Russian tanker in second sea attack in a day
WWE boss Vince McMahon hit with federal grand jury subpoena and search warrant, company reveals
Federal law enforcement agents executed a search warrant on World Wrestling Entertainment boss Vince McMahon last month and served him with a federal grand jury subpoena, the company disclosed Wednesday. The actions represent an escalation of an ongoing investigation into allegations that McMahon paid millions of dollars over the years to women after being accused of sexual misconduct. WWE also revealed Wednesday that… Continue reading WWE boss Vince McMahon hit with federal grand jury subpoena and search warrant, company reveals
Russian drone strikes hit Ukrainian port key to grain exports
Russian drones on Wednesday hit a Ukrainian port city along the border with NATO member Romania, causing significant damage and a huge fire at facilities that are key to Ukrainian grain exports following the end of a deal with Russia that allowed Ukrainian shipments to world markets. Since leaving the deal that allowed Ukraine to… Continue reading Russian drone strikes hit Ukrainian port key to grain exports
Heat that hit over 80% of the world’s population in July unlikely without climate change, analysis shows
During a record-hot July, more than 80% of the world’s population saw heat that was statistically unlikely if not for human-caused climate change, according to a new analysis. The new research, by the nonprofit research group Climate Central, calculated the climate’s shift this July in comparison to a world unaffected by global warming. The analysis… Continue reading Heat that hit over 80% of the world’s population in July unlikely without climate change, analysis shows
Driver who hit 6 farm workers says it was an accident and he fled in panic
The driver who struck six farm workers outside a North Carolina Walmart turned himself in to authorities Monday, saying it was an accident and that he fled in a panic, police said. Daniel Gonzalez, 68, of Hickory, was arrested for felony hit-and-run and released on $50,000 bond, the Lincolnton Police Department said in a statement.… Continue reading Driver who hit 6 farm workers says it was an accident and he fled in panic
Scottish university hit by Rhysida ransomware gang
Data supposedly stolen from the University of Western Scotland (UWS) in a ransomware attack has been put up for sale on the dark web by a newly emergent ransomware gang going by the name of Rhysida, which is asking for approximately £450,000 in Bitcoin, with plans to sell it to the highest bidder in… Continue reading Scottish university hit by Rhysida ransomware gang