The sudden collapse of Enron, culminating in what was then the largest bankruptcy filing in U.S. history on Dec. 2, 2001, changed thousands of lives, damaged investor confidence to the core and made household names out of previously obscure businesspeople. Many were dragged in front of congressional committees and berated in seemingly endless hearings. Some were
Ghislaine Maxwell told a former maintenance man for Jeffrey Epstein not to look the financier in the eye, jurors have heard. Maxwell introduced herself as the “lady of the house” when she met Juan Alessi, he told a court in New York. She also instructed Mr Alessi to run Epstein’s Palm Beach mansion like a
In this article AAPL A man passes by iPhone 13 Pro ad on an Apple storefront in Krakow, Poland on September 30, 2021. Jakub Porzycki | NurPhoto | Getty Images Apple shares were down nearly 3% Thursday following a Bloomberg report that said the company warned its suppliers demand is lower than expected for new
Former cabinet ministers who remain in parliament earn an average of £162,000 on top of their MP salary from the private sector in their first year after leaving government, Sky News research has found. The figure, arrived at by analysing data from the register of members’ interests between 2015 and 2021, excludes earnings from media
The UK has recorded 53,945 new cases of coronavirus – the highest daily figure since mid-July following the European football championship. The last time more cases were reported was on 17 July, when 54,674 new COVID-19 cases were recorded, six days after the tournament’s final at Wembley. Public Health England previously said that England’s deep
7:48 AM ET Mike CoppingerESPN George Kambosos Jr.’s victory over Teofimo Lopez shook up the lightweight division in ways few could have anticipated, setting the stage for a scintillating stretch of fights in one of boxing’s deepest divisions. Now that Kambosos stands as the guy at 135 pounds, the hierarchy looks drastically different than it
Moulin Rouge, one of the most hotly-anticipated musicals to hit the West End in recent years, will finally throw open its doors next week after months of uncertainty in the industry. It comes amid renewed fears over safety and keeping shows on stage as a new coronavirus variant emerges. The production, at London’s Piccadilly Theatre,
Ghislaine Maxwell, the former girlfriend of Jeffrey Epstein, is currently on trial, facing eight charges – including six counts of enticing minors and sex trafficking. Spanning a 10-year period from 1994 to 2004, the 59-year-old British socialite’s charges involve four alleged underage victims – with the youngest just 14 years old at the time. Maxwell,
Unvaccinated people in Germany are to be excluded from non-essential stores, cultural and recreational venues, Chancellor Angela Merkel has said. In addition, parliament will consider making coronavirus jabs mandatory from February. About 68.7% of the population in Germany is fully vaccinated, far below the 75% minimum ministers are aiming for. The effort to get jabs
CNN’s Chris Cuomo catches up with America’s Got Talent singer Jane “Nightbirde” Marczewski on her fight against cancer. #CNN #News
Number 10 has stressed that Christmas parties should not be cancelled and there are no rules limiting their size after conflicting comments from ministers and officials in recent days. The discovery of the Omicron variant of coronavirus has prompted speculation about how Britons should be approaching festive celebrations this year. As scientists work to assess
The EU has fined banks, including Barclays, NatWest and HSBC, a total of €344m (£293m) for roles in an alleged foreign exchange spot trading cartel on a chatroom named “Sterling Lads”. The European Commission said the UK-based banks agreed to settle the case, alongside UBS which avoided a penalty because it had blown the whistle
Magnets play a critical role in physics research as they help guide the path of particle beams and allow them to collide at high speeds. This collision helps researchers study the behaviour of different particles and arrive at groundbreaking discoveries. But not all magnets have the same properties. For instance, some magnets generate the required
Late on December 1, Tesla launched ‘Cyberquad for Kids’ on its online shop. The Cyberquad for Kids comes with a price tag of $1,900 and a top speed of 10 mph. The Tesla Cyberquad was first introduced in a ‘one more thing’ moment of Elon’s 2019 Cybertruck unveiling. Billed as a perfect fit for the
In this article PCG PG&E Corp.’s Diablo Canyon plant in California. (Joe Johnston/San Luis Obispo Tribune/Tribune News Service via Getty Images) San Luis Obispo Tribune | Tribune News Service | Getty Images Scientists from the Massachusetts Institute of Technology and Stanford University have published a 113-page report outlining ways to retrofit California’s Diablo Canyon nuclear
NASA is set to test its new laser communication technology this week, which is aimed at speeding up space communications. Also called optical communications because they use light to send information, it will allow 10-100 times more data transmission back to Earth when compared to the traditional radio frequencies. The space agency will launch the
2:41 PM ET Associated Press The head of the women’s professional tennis tour announced Wednesday that all WTA tournaments would be suspended in China because of concerns about the safety of Peng Shuai, a Grand Slam doubles champion who accused a former high-ranking government official in that country of sexual assault. Peng dropped out of
CNN’s Melanie Zanona reports that Donald Trump loyalists in the House have told House minority leader Kevin McCarthy (R-CA) that if he doesn’t do what they want, they will withhold their support for his candidacy to become House speaker if Republicans take chamber in the next election. #CNN #News
In this article HRB Jack Dorsey (L), CEO of Square and CEO of Twitter, live casts video while standing outside the New York Stock Exchange for the IPO of Square, in New York November 19, 2015. Lucas Jackson | Reuters Square is renaming itself Block as it focuses on technologies like blockchain and expands beyond
A family of four is gearing up for a second Christmas shielding at home after the father was told he had a brain tumour. Greg Priddy was diagnosed with cancer at the end of November last year, after his strange behaviour and sudden weakness on his left side prompted his wife to make him seek