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‘Patently excessive and egregious’: JPMorgan seeks to avoid paying fraudster Charlie Javice’s $115M legal tab

‘Patently excessive and egregious’: JPMorgan seeks to avoid paying fraudster Charlie Javice’s $115M legal tab

JPMorgan Chase seeks to get out of paying US$115 million in legal fees for Charlie Javice, who was convicted of defrauding the U.S. bank, calling the bill “patently excessive and egregious.”
Part of White House demolished for Donald Trump's $250M ballroom

Part of White House demolished for Donald Trump's $250M ballroom

From Ivy League star to $175M fraudster: The prodigy facade of CEO who fooled world’s largest bank JPMorgan Chase

From Ivy League star to $175M fraudster: The prodigy facade of CEO who fooled world’s largest bank JPMorgan Chase

Trump says 100% tariffs on China not sustainable, still plans to meet Xi

Trump says 100% tariffs on China not sustainable, still plans to meet Xi

U.S. President Donald Trump said his proposed 100% tariff on goods from China would not be sustainable, but blamed Beijing for the latest impasse in trade talks that began with Chinese authorities tightening control over rare earth exports.
October 17, 2025 | 04:42 pm PT
How 18-year-old CEO rejected by Ivy League schools built $30M AI health app

How 18-year-old CEO rejected by Ivy League schools built $30M AI health app

Zach Yadegari has built an AI health app generating US$30 million in annual revenue by age 18, yet was rejected by 15 colleges earlier this year, including most Ivy League schools.
October 16, 2025 | 02:55 pm PT
From college dropout to bathroom office: 5 things to know about Shayne Coplan, who recently overtook Alexandr Wang as world’s youngest self-made billionaire

From college dropout to bathroom office: 5 things to know about Shayne Coplan, who recently overtook Alexandr Wang as world’s youngest self-made billionaire

Shayne Coplan, the 27-year-old founder of cryptocurrency-based betting platform Polymarket who recently surpassed Scale AI’s Alexandr Wang as the world’s youngest self-made billionaire, walked away from university and launched his firm from his apartment bathroom.
October 14, 2025 | 03:02 pm PT
Trump slaps China with new 100% tariff, threatens to scrap Xi talks

Trump slaps China with new 100% tariff, threatens to scrap Xi talks

U.S. President Donald Trump announced an additional 100% tariff on China and threatened to cancel a summit with Xi Jinping, reigniting his trade war with Beijing in a row over export curbs on rare earth minerals.
October 10, 2025 | 05:22 pm PT
Starbucks to close hundreds of stores in $1B restructuring plan

Starbucks to close hundreds of stores in $1B restructuring plan

Starbucks said it would close hundreds of stores in North America, including its iconic Seattle roastery, as its CEO presses ahead with a restructuring effort expected to cost US$1 billion.
September 26, 2025 | 05:25 pm PT
Billionaire Murdoch family settles succession battle over multibillion-dollar media empire

Billionaire Murdoch family settles succession battle over multibillion-dollar media empire

Australian-American billionaire Rupert Murdoch's children have reached a settlement in their long-running legal dispute over control of the mogul's media empire, cementing eldest son Lachlan's leadership.
September 9, 2025 | 07:19 pm PT
Pentagon working on plans for military deployment in Chicago

Pentagon working on plans for military deployment in Chicago

The Pentagon is working on plans to deploy the U.S. military to Chicago as President Donald Trump says he is cracking down on crime, homelessness and undocumented immigration, the Washington Post reported on Saturday.
August 23, 2025 | 09:17 pm PT
1 in 4 Americans ‘functionally unemployed’: study

1 in 4 Americans ‘functionally unemployed’: study

An estimated one in four Americans are “functionally unemployed,” as their incomes are insufficient to make ends meet, a new study has found.
July 9, 2025 | 04:01 am PT
How scammers are using AI to steal US college financial aid

How scammers are using AI to steal US college financial aid

Heather Brady was napping at home in San Francisco on a Sunday afternoon when the officer knocked on her door to ask an unusual question: Had she applied to Arizona Western College?
June 11, 2025 | 02:15 am PT
How international students added $44B to the US economy, and why that’s now at risk

How international students added $44B to the US economy, and why that’s now at risk

International students added $44 billion to the U.S. economy in the 2023-2024 academic year, and their absence could impact not just university finances but also the real estate and consumer markets.
June 8, 2025 | 12:53 am PT
'Clinging to hope': Harvard students slam latest Trump visa ban

'Clinging to hope': Harvard students slam latest Trump visa ban

Donald Trump's late night proclamation blocking Harvard's new international students has sparked fear and anger among existing students left in limbo amid the escalating showdown between the U.S. president and their university.
June 6, 2025 | 08:20 pm PT
How a maker of stun guns becomes US’ highest paid CEO

How a maker of stun guns becomes US’ highest paid CEO

Rick Smith has become the highest-paid CEO in the U.S. thanks to last year’s US$165 million income from his stun gun manufacturing company Axon, which he founded after the tragic death of two friends.
June 3, 2025 | 09:19 pm PT
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