Martin Shkreli Live Streamed Himself in Violation of Lifetime Pharmaceutical Ban, FTC Says
“The detailed record compiled by FTC staff shows that Mr. Shkreli chose to blatantly disregard the order after leaving prison,” FTC Commissioner Mark Meador said in a statement. “Among other actions, he traded in pharmaceutical stocks and actively…
Bank of America fined $1.2 billion by Treasury Department for money laundering and violating sanctions laws
The U.S. Treasury Department announced Tuesday that it was fining Bank of America more than $1.2 billion, accusing the bank of violating anti-money laundering and sanctions laws. The bank, which is the second-largest bank in the United States, failed to…
United drops flight segments, raises 1K bar in Premier status shakeup
United Airlines is making a major change in how its frequent flyers earn elite status. Starting in 2027, the carrier will stop counting the number of flights taken by its MileagePlus members when awarding status. Instead, United drivers hoping to become…
John Williams’ Fed Rate Outlook for 2027
John Williams, president and chief executive officer of the Federal Reserve Bank of New York, during an interview with Bloomberg Television in New York, U.S., Tuesday, April 7, 2026. Michael Nagle | Bloomberg | Getty Images New York Federal Reserve…
Character.ai bankruptcy documents show the AI economics aren’t working
The bankruptcy of Character.ai is one of the first dominoes to fall in the long-awaited AI bubble. The circumstances of his bankruptcy are exactly what AI critics said would happen: Character.ai burned through a huge amount of money to run its product,…
United Airlines makes it harder to get top frequent flyer status
United Airlines gets rid of a path to elite status in 2027 and makes its top tier harder to reach. The Chicago-based airline is removing the ability for MileagePlus members to earn status partially based on flight segments flown in a calendar year for…
Ahold Delhaize Cybersecurity Issue Takes Stop & Shop Systems Offline
Cybersecurity expert Morgan Wright analyzes AI risks and OpenAI’s new report on six behavioral incident triggers. A group of grocery stores, including Stop & Shop, Hannaford and Food Lion, are experiencing outages of their websites and mobile…
United drops flight segments, raises 1K bar in Premier status shakeup
United Airlines is making a major change in how its frequent flyers earn elite status. Starting in 2027, the carrier will stop counting the number of flights taken by its MileagePlus members when awarding status. Instead, United drivers hoping to become…
AI in your oven? Anthropic warns models months ahead of self-replication on smart devices | AI (artificial intelligence)
Anthropic warns that some of its artificial intelligence models could soon become “self-replicating” and find ways to infiltrate internet-connected devices, such as smart refrigerators and automatic vacuum cleaners. Once that happens, the…
SSA chief Frank Bisignano says Social Security will last another 90 years
Michael A. Peterson, CEO of the Peter G. Peterson Foundation, discusses the fiscal challenges facing the United States and why policymakers should seek solutions. Social Security Administration Commissioner Frank Bisignano said in an interview Monday…