[ad_1] © Reuters. By Jonathan Stempel NEW YORK (Reuters) -A Texas funding agency agreed on Friday to pay $2.51 million to settle a U.S. authorities lawsuit accusing it of fraudulently acquiring funds from a fund meant to compensate victims of Bernard Madoff’s huge Ponzi scheme. The U.S. Division of Justice mentioned Fulcrum Capital Companions violated the federal False Claims Act between October 2016 and October 2022 by inflicting the Madoff Sufferer Fund (MVF) to make inflated payouts to victims, which they then turned over to Fulcrum, a “non-victim” of Madoff’s fraud. In a civil grievance filed in Manhattan federal court…
Author: Reuters
[ad_1] © Reuters. Individuals line up within the rain outdoors of the U.S. Supreme Court docket in Washington April 29, 2014. REUTERS/Gary Cameron/ File Photograph By John Kruzel WASHINGTON (Reuters) – The U.S. Supreme Court docket on Monday kicks off a brand new nine-month time period that includes main instances starting from the fitting of home abusers to have weapons to the destiny of the federal shopper finance watchdog company, giving its muscular conservative majority contemporary alternatives to reshape American legislation. Its docket options assessments of the authority of U.S. companies together with an effort to successfully dismantle the Shopper…
[ad_1] PARIS (Reuters) – The French authorities rammed a long-term public finance invoice by parliament with no vote, in a bid to safe billions of euros of EU funding. Utilizing the identical “49:3” constitutional process that enabled it to undertake a disputed pension reform this spring, President Emmanuel Macron’s minority authorities pushed by a invoice that foresees bringing the deficit all the way down to 2.7% of GDP in 2027 from 4.9% this 12 months. The transfer permits the federal government to lock in its deficit and debt discount plans out to 2027 with a binding multi-year legislation that may…
[ad_1] © Reuters. FILE PHOTO: SAG-AFTRA actors strike in opposition to the Hollywood studios as they be a part of the Writers Guild of America (WGA) on the picket like outdoors of Netflix workplaces in Los Angeles, California, U.S., July 14, 2023. REUTERS/Mike Blake/File photograph By Danielle Broadway LOS ANGELES (Reuters) – Cissy Jones is not asking to be paid tens of millions of {dollars} to present video video games their voice, however the actor, and others like her performing below a Display Actors Guild’s online game contract say they want extra money to deal with rising prices of dwelling.…
[ad_1] 2/2 © Reuters. A firefighter works at a web site of a resort broken by a Russian army assault, amid Russia’s assault on Ukraine, in Odesa, Ukraine September 25, 2023. Press service of the State Emergency Service of Ukraine in Odesa area/Handout through REUTERS 2/2 By Anna Pruchnicka (Reuters) -Russian air strikes and shelling killed six folks in Ukraine and brought about “important injury” to infrastructure on the Black Sea (NYSE:) port of Odesa and to grain storage services, Ukrainian officers stated on Monday. The air assaults had been a part of a marketing campaign that has made it…
[ad_1] © Reuters. FILE PHOTO: Taliban fighters stand guard whereas folks wait to obtain sacks of rice, as a part of humanitarian support despatched by China, at a distribution centre in Kabul, Afghanistan, April 7, 2022. REUTERS/Ali Khara/File Photograph By Mohammad Yunus Yawar and Charlotte Greenfield KABUL (Reuters) -The Taliban are making a large-scale digicam surveillance community for Afghan cities that might contain repurposing a plan crafted by the Individuals earlier than their 2021 pullout, an inside ministry spokesman informed Reuters, as authorities search to complement 1000’s of cameras already throughout the capital, Kabul. The Taliban administration — which has…
[ad_1] 3/3 © Reuters. Individuals work as Kosovo police and U.S. and EU troops stand by after one police officer was killed, one other harm in Kosovo gunfire, in Josevik, Kosovo September 24, 2023. REUTERS/Fatos Bytyci 2/3 By Fatos Bytyci NORTH MITROVICA, Kosovo (Reuters) -Gunmen in armoured automobiles stormed a village in an ethnic Serbian-majority area of Kosovo on Sunday, battling police and barricading themselves in a monastery in a resurgence of violence within the restive north. Kosovo police stated one officer and three of about 30 attackers died in shootouts across the village of Banjska. Monks and pilgrims had…
[ad_1] © Reuters. An aerial view exhibits unfinished residential buildings of the Gaotie Wellness Metropolis advanced in Tongchuan, Shaanxi province, China September 12, 2023. REUTERS/Xiaoyu Yin/File Picture BEIJING (Reuters) – Even China’s inhabitants of 1.4 billion wouldn’t be sufficient to fill all of the empty flats littered throughout the nation, a former official mentioned on Saturday, in a uncommon public critique of the nation’s crisis-hit property market. China’s property sector, as soon as the pillar of the financial system, has slumped since 2021 when actual property large China Evergrande (HK:) Group defaulted on its debt obligations following a clampdown on…
[ad_1] 3/3 © Reuters. Placing United Auto Employees members picket exterior the Stellantis Jeep plant, in Toledo, Ohio, U.S. September 19, 2023. REUTERS/Rebecca Prepare dinner 2/3 By Ben Klayman TOLEDO, Ohio (Reuters) -A Toledo grocery retailer car parking zone was stuffed with Jeeps and Fords on Tuesday morning in a present of power by auto employees on strike from Stellantis (NYSE:)’s close by Jeep plant. Dozens set out in an Ohio-to-Michigan convoy to rally help for his or her walkout, many Jeeps adorned with indicators studying “No Justice, No Jeeps.” “We do not get no revenue sharing. We do not…
[ad_1] © Reuters. FILE PHOTO: Folks stroll previous a emblem of French financial institution Societe Generale in entrance of the corporate’s skyscraper on the monetary and enterprise district of La Protection close to Paris, France September 14, 2023. REUTERS/Gonzalo Fuentes/File Photograph By Mathieu Rosemain LONDON (Reuters) -Societe Generale’s shares plunged greater than 9% on Monday after France’s third-biggest listed financial institution mentioned it anticipated little if any progress in annual gross sales over the approaching years in a keenly-awaited strategic plan from its new CEO. Slawomir Krupa, who took over in Might, has been charged with reviving a financial institution…