Ripple Unveils CBDC Platform To Enable Governments, Central Banks To Issue Digital Currencies
Ripple's platform is an improved version of its Private Ledger (XRPL), which was launched in March 2021 to issue CBDCs.
Telecom Firm BT Plans To Axe 55,000 Jobs By 2030 Amid AI Overhaul
BT, which currently employs 130,000 people globally, said Thursday it planned to reduce its workforce to between 75,000 and 90,000 by the end of the decade to operate a "leaner business."
Walgreens To Pay Record $230 Milion In Opioid Settlement To San Francisco
San Francisco City Attorney termed Walgreens' settlement the largest amount granted to a city government in opioid litigations.
Tether To Buy Bitcoin With 15% Of Its Net Profit To Back Stablecoin Reserves
Tether CTO Paolo Ardoino said Bitcoin's decentralized and omnipresent nature and limited supply make it a "favored choice among institutional and retail investors alike."
Wells Fargo Agrees To Pay $1 Billion To Settle Class Action In Fake Accounts Scandal
The all-cash settlement, filed Monday, received preliminary approval by U.S. District Judge Gregory Woods in Manhattan federal court Tuesday.
Driver Stops For Turtle Crossing Busy Florida Highway, Causes Multi-Car Pileup
The Sheriff's Office released a dashcam video from an 18-wheeler showing the pileup, which began with a black pickup truck stopping in the left lane.
Strippers At North Hollywood Club Set To Unionize After Months Of Talks In Historic Move
Dancers have been running a union campaign for more than a year, seeking comprehensive safety measures, including a cleaner workplace and protections against harassment.
Embattled Crypto Lender Celsius Channels Over $70M Of Ethereum To Figment Staking Service
It is seen as the largest movement of funds for Celsius since the platform filed for Chapter 11 bankruptcy protection in July 2022.
Vodafone Announces 11,000 Jobs Cut As New Boss Laments Declining Performance
Amounting to 11% of its global workforce of just over 100,000, this will be the largest round of job cuts made in the history of the company.
New Mexico Shooting: 4 Dead, Including 18-Year-Old Suspect, Multiple Injured
The 18-year-old shooter appeared to be firing at victims at random and used at least three weapons, including an AR-style rifle in the shooting.
Japan Loses $721M To North Korean Crypto Hackers; US Is Third Worst-Hit Nation: Report
"Pyongyang is believed to have targeted the crypto assets of other countries to obtain the foreign currency that it uses for its missile program. This could, in turn, threaten the security of Asia," the report says.
Gold Miner Newmont Finalizes $19.5 Billion Acquisition Deal With Newcrest
With Newmont facing stagnation in gold mining, the company is seeking more energy-transition copper in its portfolio.
Maryland Police Attempt Traffic Stop Of Erratic U-Haul, Discover Kidnapped Woman Inside
The victim informed the authorities Bell pushed her into the U-Haul truck and threatened to kill her if she didn't comply with his demands.
Oneok To Acquire Magellan Midstream In $18.8 Billion Energy Pipeline Deal
The deal will give gas-focused Oneok access to a massive network of crude oil and refined product terminals.
'#BoycottStarbucks': Coffee Giant's New Ad On Transgender Inclusivity Sparks Debate
The Starbucks advertisement, focusing on transgender rights and inclusivity, immediately went viral on social media, sparking a debate among users.
Bat-Wielding Woman Assaults 8 People In Unprovoked Attacks; Arrested
All victims said they were approached by a woman in a white car, who then attacked them with her fist or a bat.
Ethereum Stopped Fully Finalizing Transactions For 25 Minutes; Investigation Launched
Even after the Beacon Chain began finalizing, developers said they will continue to investigate the situation to determine the cause of the malfunction.
Peloton Recalls 2.2 Million Exercise Bikes Over Seat Safety Issue: 'Immediately Stop Using'
This latest setback comes months after the fitness company agreed to pay a fine of $19 million after failing to report safety issues concerning its treadmills in 2021.
Search For 3 Passengers Underway After Aircraft Crashes Near San Clemente Island
Authorities from the U.S. Coast Guard, U.S. Customs and Border Protection and the Navy have joined forces to search for the three male civilian passengers.
Body Of Missing Pregnant Florida Teen Found In Alabama; Suspect In Custody
"This is a large, multi-state investigation, and is ongoing, but a suspect is in custody and is not a threat to the public," the sheriff's office said.
Disney+ To Add Hulu Content To Its Streaming Service For 'One-App Experience'
Even though Disney CEO Robert Iger did not provide a date for the incorporation, he said there will be an unspecified price increase for the ad-free version of Disney+ to drive more people to sign up for the cheaper version.
IRS Files 45 Tax Claims Worth $44 Billion Against Bankrupt FTX, Its Subsidiaries
As per the IRS investigation, bankrupt FTX failed to report more than $20 billion in cryptocurrency transactions between 2019 and 2022.
Catholic Diocese Of Oakland Files For Bankruptcy Amid Series Of Sexual Abuse Lawsuits
The Diocese said a majority of the claims revolve around sexual abuse crimes between 1960-1980 by priests, who no longer work in the ministry or are deceased.
Grayscale Expands ETF Business With Funds Trust, 3 New Crypto Funds
The development comes as the firm continues to be embroiled in a conflict with the SEC to obtain permission to convert its $17 billion Grayscale Bitcoin Trust into a spot Bitcoin ETF product.
TurboTax Begins Sending Checks To 4.4M Customers Under $141M Settlement
Most TurboTax customers are expected to receive about $30, while some may get up to $85 for using the software's services for three consecutive years.
Novavax Announces Job Cuts In Global Workforce By 25% To Reduce Costs
With the global onset of the COVID-19 pandemic in March 2020, Novavax raised its overall workforce from 165 in early 2020 to 1,992 by February this year,
Goldman Sachs Looks To Settle Gender Pay Lawsuit By Paying $215M To Female Employees
The settlement will be divided among 2,800 associates and vice-presidents, who participated in the suit. Also, a third of the entire amount will be set aside for attorney fees.
Chicago Police Officer Death: 5 Suspects Taken Into Custody In Connection With Fatal Shooting
The police have yet not determined a motive behind the shooting, although the case is being investigated as a possible robbery that led to Preston's killing.
Tech Layoffs: LinkedIn Plans To Cut 716 Jobs, Phase Out China App
U.S.-based employees affected by the layoffs would be provided severance pay, continuing health coverage and career transition services.
US Exchanges Trading Over A Dozen Cryptos Deemed Illegal To Sell By SEC: Report
Since 2017, the SEC and U.S. courts have identified 76 cryptocurrencies as securities, out of which 16 were available for trading on one or more leading U.S. crypto exchanges.
