Angela Chao attends the AFI Awards Luncheon at Four Seasons Hotel Los Angeles at Beverly Hills on January 12, 2024 in Los Angeles, California. Frazer Harrison | Getty Images Foremost Group CEO Angela Chao was intoxicated when she accidentally drove her Tesla into a pond at a ranch she owned with her husband, venture capitalist … Read more
Former President Donald Trump has been unable to obtain an appeal bond to secure a $454 million civil judgment against him in a New York business fraud case, his attorneys said in a court filing Monday. Lawyers for Trump and his co-defendants said it has been “impossible” for them to secure a complete appeal bond, … Read more
The pushback from legislators sympathetic to ranchers and the broader meat industry puts cultivated meat companies in a difficult situation. Major meat producers Cargill and Tyson have both invested in cultivated meat companies, while Brazil’s JBS is working on a cultivated research site in Brazil. “We see ourselves as an ‘and’ solution, not an ‘or.’ … Read more
LONDON — The British government introduced legislation Wednesday to quash the wrongful convictions of hundreds of Post Office branch managers in England and Wales who were caught up in one of the United Kingdom’s biggest miscarriages of justice. Prime Minister Rishi Sunak said the legislation “marks an important step forward in finally clearing” the names … Read more
Former U.S. President Donald Trump speaks during a press conference after attending the E. Jean Carroll second civil trial in New York City on Jan. 17, 2024. Shannon Stapleton | Reuters Former President Donald Trump on Friday appealed a civil defamation verdict in favor of writer E. Jean Carroll, and posted a $91.6 million bond as … Read more
Europe changed the rules of the internet this week when the Digital Markets Act took effect, holding the biggest tech companies to tough new standards. Now the world is waiting to see which giant will be first to fall foul of the law. One of the architects of the DMA says Apple is a strong … Read more
Former US President and 2024 presidential hopeful Donald Trump speaks at a “Get Out the Vote” Rally in Conway, South Carolina, on February 10, 2024. Julia Nikhinson | Afp | Getty Images The Supreme Court on Monday unanimously reversed the Colorado court ruling that barred former President Donald Trump from appearing on the state’s Republican … Read more
Sam Altman, CEO of OpenAI, attends the 54th annual meeting of the World Economic Forum, in Davos, Switzerland, on Jan. 18, 2024. Denis Balibouse | Reuters Elon Musk is suing Microsoft-backed OpenAI and its CEO, Sam Altman, among others, alleging they abandoned the company’s founding mission to develop artificial intelligence “for the benefit of humanity … Read more
Sam Bankman-Fried, co-founder of FTX Cryptocurrency Derivatives Exchange, arrives at court in New York, US, on Thursday, Feb. 16, 2023. Stephanie Keith | Bloomberg | Getty Images Lawyers for Sam Bankman-Fried are asking a judge for a relatively short sentence like “junk bond king” Michael Milken instead of the 100 years that a presentence investigation … Read more
The Times Square NASDAQ MarketSite is seen on March 2, 2015 in New York City. Bryan Thomas | Getty Images A federal appeals court agreed to rehear a challenge by two conservative groups to Nasdaq’s board diversity rule related to the disclosure of women and minority membership on boards of companies listed on the stock … Read more