Article content DETROIT (AP) — Multiple U.S. owners of Hyundai’s popular Ioniq 5 electric SUV have complained of completely or partially losing propulsive power, many after hearing a loud popping noise, the National Highway Traffic Safety Administration said Saturday. Article content Hyundai said it would offer a software update beginning next month and replace affected […]
Article content The U.S. Securities and Exchange Commission and Binance have reached an agreement in court that lets the world’s largest cryptocurrency exchange continue to operate in the United States as it battles SEC fraud charges. Article content Under a consent order filed Saturday, the defendants in the June 5 lawsuit agreed to repatriate all […]
Article content FORT MYERS, Fla. (AP) — A southwest Florida couple has been charged with stealing more than $2 million in COVID-19 relief funds and using the money to buy boats, new businesses and other luxury items. Timothy Craig Jolloff, 46, and Lisa Ann Jolloff, 56, made their initial appearances Friday in Fort Myers federal […]
Breadcrumb Trail Links PMN Business Author of the article: The Associated Press Associated Press Published Jun 15, 2023 • 2 minute read Join the conversation Article content NEW YORK (AP) — Bayer, the pharmaceutical and biotechnology company, has agreed to pay $6.9 million to settle allegations by New York’s attorney general that its Monsanto unit […]
Breadcrumb Trail Links PMN Business Author of the article: The Associated Press Larry Neumeister Published Jun 15, 2023 • 2 minute read Join the conversation Article content NEW YORK (AP) — FTX founder Sam Bankman-Fried’s lawyers encountered a skeptical federal judge Thursday when they argued that he should toss out criminal fraud charges their client […]
Article content PARIS (AP) — French President Emmanuel Macron called Wednesday for boosting the development of artificial intelligence in Europe while putting in place “smart” regulations that don’t impede tech companies’ growth. Macron, who visited Europe’s biggest startup and tech event Vivatech, said “we’re too far behind in terms of innovation and we’re regulating too […]
Breadcrumb Trail Links PMN Business Author of the article: The Associated Press Glenn Gamboa Published Jun 12, 2023 • 5 minute read Join the conversation Article content NEW YORK (AP) — Jonelle Procope’s 20-year tenure as president and CEO of The Apollo Theater evolved into an era of prosperity and expansion, markedly different from the […]
Breadcrumb Trail Links PMN Business Author of the article: The Associated Press Fatima Hussein & Ken Sweet Published Jun 11, 2023 • 4 minute read Join the conversation Article content WASHINGTON (AP) — First came the crypto winter, then the alleged fraud wrought by FTX founder Sam Bankman-Fried, and now the lawsuits. The U.S. Securities […]
Breadcrumb Trail Links PMN Business Author of the article: The Associated Press Chinedu Asadu Published Jun 10, 2023 • 2 minute read Join the conversation Article content ABUJA, Nigeria (AP) — Nigeria’s central bank chief has been arrested hours after being suspended from office by the country’s new president, authorities said Saturday. Godwin Emefiele, governor […]
Breadcrumb Trail Links PMN Business Author of the article: The Associated Press Jill Lawless Published Jun 09, 2023 • 2 minute read Join the conversation FILE – Boris Johnson leaves his house in London, on March 22, 2023. Several dozen allies of former British Prime Minister Boris Johnson received honors from King Charles III on […]