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NYC Council probes Polymarket over alleged predatory marketing practices
1+ hour, 23+ min ago (325+ words) Aug 12 (Reuters) – New York City Council Speaker Julie Menin has accused major prediction market startups of using predatory marketing practices to exploit young traders, according to a letter sent to Polymarket that shows the council has opened an investigation into…...
‘Not a Marriott:’ Tate brothers held in solitary confinement in Miami jail
1+ hour, 13+ min ago (835+ words) Aug 12 (Reuters) – The federal jail in Miami where social media influencers Andrew and Tristan Tate are being held has suffered from cooling and water problems and a confrontation between detainees and staff in recent months, the U.S. Bureau of Prisons…...
US appeals court voids Biden-era efficiency rule for stoves, ovens
9+ hour, 59+ min ago (394+ words) Aug 11 (Reuters) – A federal appeals court on Tuesday struck down a Biden administration-era rule setting efficiency standards for gas and electric stoves and ovens, saying the agency improperly bypassed public comment procedures. In a 3-0 decision, the 5th U.S. Circuit Court…...
US freight railroads lose appeal challenging new rule requiring at least two-person crews
12+ hour, 17+ min ago (202+ words) LOS ANGELES, Aug 11 (Reuters) – Six U.S. railroads and two industry groups lost their appeal challenging a new rule that would require many trains to operate with at least two crew members, according to a ruling filed by the U.S....
FlightAware sues Kalshi over flight-cancellation markets
1+ day, 4+ hour ago (261+ words) • In July, Kalshi announced markets allowing customers to bet on flight-cancellation risk. The plans drew criticism over concerns that the markets could create financial incentives for people to disrupt air travel or cause airport closures. • FlightAware said Kalshi had named…...
Colombia rescue efforts press on after quake, death toll expected to rise
1+ day, 5+ hour ago (444+ words) BOGOTA, Aug 11 (Reuters) – Rescue efforts across western Colombia carried into a second day on Tuesday as emergency workers dug through collapsed buildings and flattened homes, amid expectations that the death toll from the country’s most powerful earthquake in decades could…...
Jury selection begins for ex-gang leader charged with Tupac Shakur’s 1996 murder
1+ day, 13+ hour ago (638+ words) By Erica Stapleton and Steve Gorman LAS VEGAS, Aug 10 (Reuters) – Jury selection began on Monday in the murder trial of an ex-street gang leader accused of masterminding the drive-by shooting death of hip-hop star Tupac Shakur three decades ago in…...
Netcapital charged by US SEC with fraud for allegedly inflating revenue
1+ day, 13+ hour ago (200+ words) Aug 10 (Reuters) – The U.S. Securities and Exchange Commission charged Netcapital with securities fraud on Monday over the fintech company’s alleged scheme to overstate revenue. The SEC said in a civil complaint filed in Boston federal court that Netcapital improperly recorded…...
Brazilian police accuse Goldman executives of fraud over Oncoclinicas tender offer
1+ day, 11+ hour ago (192+ words) SAO PAULO, Aug 10 (Reuters) – Sao Paulo civil police have formally accused two Goldman Sachs representatives of fraud in a dispute over a public share tender offer demanded by minority shareholders of cancer treatment group Oncoclinicas, according to a police document…...
Charges filed against man accused of threatening to shoot mail carriers that walked on his lawn
1+ day, 14+ hour ago (251+ words) The Mighty 790 KFGO Charges filed against man accused of threatening to shoot mail carriers that walked on his lawn Fergus Falls, Minn. (KFGO-KBRF) – A Fergus Falls man is charged with threatening to shoot mail carriers that walked on his lawn....