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List of All Articles with Tag 'li'

What is George Santos accused of?
What is George Santos accused of?
The Republican lawmaker from New York faces 13 charges including fraud and theft of public funds.
2023-05-11 02:25
Apple Executive in Charge of TV+ and Sports Businesses to Depart
Apple Executive in Charge of TV+ and Sports Businesses to Depart
Apple Inc.’s top executive in charge of its video and sports businesses is departing, according to people familiar
2023-05-11 01:49
Manchin Vows to Block Biden’s EPA Nominees on Power Plant ‘Overreach’
Manchin Vows to Block Biden’s EPA Nominees on Power Plant ‘Overreach’
Senator Joe Manchin vowed to oppose President Joe Biden’s nominees to fill key positions at the US Environmental
2023-05-11 00:48
Can you afford to age in place?
Can you afford to age in place?
Most older adults ages 50 to 80 say it’s important to stay in their homes for as long as they can, according to the 2022 National Poll on Healthy Aging from the University of Michigan
2023-05-10 23:59
Lithium producers Allkem, Livent to combine in $10.6 billion deal
Lithium producers Allkem, Livent to combine in $10.6 billion deal
(Reuters) -Lithium companies Allkem Ltd and Livent Corp said on Wednesday they will combine in an all-stock $10.6 billion deal
2023-05-10 23:56
George Santos in federal custody as Justice Department unseals 13-count indictment
George Santos in federal custody as Justice Department unseals 13-count indictment
The Justice Department on Wednesday unsealed 13 federal charges against Rep. George Santos -- including fraud related to Covid benefits and using campaign funds for luxury clothing
2023-05-10 23:27
George Santos arrested in New York after surrendering himself to authorities
George Santos arrested in New York after surrendering himself to authorities
George Santos has been arrested after surrendering himself to authorities at a federal court on Long Island on Wednesday morning. The congressman for New York’s third district, who won his election after a campaign that was littered with lies about his past, was arrested shortly after 9am. He slipped past dozens of reporters to enter via a backdoor of the building. The indictment, which was unsealed on Wednesday, alleges a series of fraudulent schemes over several years. Mr Santos has been charged with seven counts of wire fraud, three counts of money laundering, one count of theft of public funds, and two counts of making materially false statements to the House of Representatives. “Taken together, the allegations in the indictment charge Santos with relying on repeated dishonesty and deception to ascend to the halls of Congress and enrich himself,” Breon Peace, the US attorney for the Eastern District of New York, said in a statement. The arrest represents a rapid rise and fall for a man his own constituents decried as an “imposter,” but whom national Republicans utilised in order to bolster their narrow majority in the House. In the 13-count indictment, federal prosecutors accused Mr Santos of lying on financial disclosure forms he filed to the House when he became a candidate, first by overstating his income from one job and failing to disclose income from another, and secondly by lying about his earnings from his company, the Devolder Organization. Prosecutors also allege that Mr Santos fraudulently used donations to his political campaign for his own benefit, spending “thousands of dollars of the solicited funds on personal expenses, including luxury designer clothing and credit card payments.” The indictment alleges that Mr Santos’s fraud began before his successful run for Congress, accusing him of running an unemployment insurance fraud scheme in which he applied for government assistance in New York while still employed by a Florida-based investment firm. The sweeping charges follow a steady drumbeat of revelations about Mr Santos in the press dating back to his campaign. Mr Santos was elected to represent New York’s 3rd Congressional District in November 2022, defeating Democrat Robert Zimmerman by a margin of 54 per cent to 46 per cent. Soon after that victory, it emerged that Mr Santos had lied about much of his personal history and work experience. A New York Times investigation found that he had lied about working for Citigroup and Goldman Sachs, lied about the college he attended, fabricated an animal charity, that the company from which he had earned a salary of $750,000 and dividends of $1m did not have any online presence, lied about saying he lost four employees in the Pulse nightclub shooting in Orlando, Florida, in 2016, and that he faced criminal charges in Brazil for cheque fraud. The revelations set off a firestorm in his district. A local pressure group started by local citizens was formed with the aim of forcing Mr Santos from office. Concerned Citizens of NY03 held regular protests outside his campaign office and called on Republican leaders to expel him from Congress. But Republican House majority leader Kevin McCarthy — the person with the power to call the vote — refused to do so, instead leaving his fate to the House Ethics Committee. Reacting to news that charges were imminent on Tuesday, Mr McCarthy signalled that Mr Santos would be allowed to continue serving in Congress. “I’ll look at the charges,” he told reporters. “If a person is indicted, they’re not on committees. They have the right to vote, but they have to go to trial.” On Wednesday, Concerned Citizens of NY03 renewed their call for Mr McCarthy to expel Mr Santos. “The world has known for months that Santos is a liar, an imposter, a criminal. The only thing we didn’t know was which of his many crimes would be prosecuted first. It’s beyond time for Speaker Kevin McCarthy to withdraw his support for Santos and show him the door,” the group said in a statement. Since Mr Santos was sworn into office in January, revelations about his past have continued to emerge. The most recent report found that Mr Santos was charged with writing bad checks to purchase puppies from Amish farmers in 2017. That case was dismissed after Mr Santos claimed his checkbook had been stolen, and that someone else had taken the dogs. Mr Santos, 34, has apologised for what he described as “résumé embellishment,” but has refused to resign. Read More George Santos: Every lie disgraced Republican Congressman has been accused of making In George Santos’s district, setting of The Great Gatsby, cries of ‘imposter’ abound From resume lies to criminal charges: A timeline of George Santos’ many scandals Can George Santos still serve in Congress even if he is convicted? Kevin McCarthy dodges questions about George Santos and Donald Trump
2023-05-10 23:17
Denmark has a debt ceiling, too. It's never been a problem
Denmark has a debt ceiling, too. It's never been a problem
The United States isn't the only country that puts a limit on how much money its government is allowed to borrow. But it is the only nation regularly pushed to the brink of a political and economic crisis as a result.
2023-05-10 22:19
US inflation below 5% for first time in two years
US inflation below 5% for first time in two years
Prices rose 4.9% over the 12 months to April, the latest figures show.
2023-05-10 21:16
Analysis-Pakistan’s deepening political crisis douses hopes for IMF relief
Analysis-Pakistan’s deepening political crisis douses hopes for IMF relief
By Karin Strohecker, Jorgelina do Rosario and Ariba Shahid LONDON/KARACHI The political crisis engulfing Pakistan is eroding hopes
2023-05-10 20:26
Inside White House meeting on debt ceiling: Intractable positions and no new ground
Inside White House meeting on debt ceiling: Intractable positions and no new ground
In a lengthy meeting at the White House Tuesday, leaders struggled to break any new ground on debt ceiling negotiations with a source familiar telling CNN that leaders repeated over and over again the same positions privately that have become a common refrain in public.
2023-05-10 20:18
Disney board axed X-rated, liquor stores; forgot about jails
Disney board axed X-rated, liquor stores; forgot about jails
Before allies of Gov. Ron DeSantis took over, Disney World’s governing district reached an agreement in February with the company to prohibit a long list of businesses from ever being operated on its property
2023-05-10 19:47
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