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Trafigura Wins $600 Million Nickel Fraud Lawsuit Against Businessman Gupta
Trafigura won its London lawsuit against Indian businessman Prateek Gupta over fake nickel cargoes on Friday, with London’s High Court ruling in favor of the commodities trader. Geneva-based Trafigura alleged Gupta was the mastermind of a fraudulent “Ponzi scheme” in …
POSTED FEBRUARY 02, 2026 8:15 AM |
Bitcoin’s Break Below $80,000 Signals New Crisis of Confidence
Price, relevance, conviction — Bitcoin is bleeding all three. The world’s largest cryptocurrency slipped below $76,000 in thin weekend trading, dropping about 40% from its 2025 peak and revisiting levels last seen in the aftermath of the “Liberation Day” tariff …
POSTED FEBRUARY 02, 2026 6:20 AM |
Federal Trade Commission Warns Law Firms About DEI Hiring
The U.S. Federal Trade Commission said on Friday it had written to 42 law firms warning them about diversity, equity, and inclusion hiring, which it described as potentially unfair and anticompetitive. President Donald Trump’s administration has eliminated DEI-related programs in …
POSTED FEBRUARY 02, 2026 6:11 AM |
Open-Source AI Models Vulnerable to Criminal Misuse, Researchers Warn
Hackers and other criminals can easily commandeer computers operating open-source large language models outside the guardrails and constraints of the major artificial-intelligence platforms, creating security risks and vulnerabilities, researchers said on Thursday. Hackers could target the computers running the LLMs …
POSTED FEBRUARY 02, 2026 6:03 AM |
Charges Dropped Against ‘Poster Boy’ Florida Contractor Accused of Insurance Fraud
Two years ago, in May of 2023, a circuit court judge in Lee County, Florida, sharply criticized a restoration contractor, accusing him of concealing the true cost of condominium roof work in an assignment-of-benefits claim with Tower Hill insurance. Six …
POSTED FEBRUARY 02, 2026 6:02 AM |
Delaware’s Supreme Court Slashes Legal Fees in Tesla Director Pay Lawsuit
The Delaware Supreme Court handed Tesla a victory on Friday, slashing by more than $100 million the legal fees owed to shareholder lawyers who successfully sued directors at Elon Musk‘s electric car company for overpaying themselves. The court said Tesla …
POSTED FEBRUARY 02, 2026 6:00 AM |
Man Charged With Murder in New York City High-Rise Gas Explosion
A deadly gas explosion in a New York City high-rise last weekend was traced to an intruder who disconnected a stove to steal and sell it, prosecutors said Thursday. The suspect, Samuel Calderon, was being held without bail after his …
POSTED FEBRUARY 02, 2026 6:00 AM |
Rapaport Reappointed as Virginia Workers’ Compensation Commissioner
The Virginia Workers’ Compensation Commission reappointed Commissioner Robert A. Rapaport to serve an additional six-year term as a commissioner of the Virginia Workers’ Compensation Commission. Rapaport was originally appointed to the commission in 2017. Before his appointment, Rapaport practiced law …
POSTED FEBRUARY 02, 2026 6:00 AM |
Two Companies Made Dried Milk Powder Linked to Botulism in Baby Formula
Two companies processed and supplied dried milk powder that could be a culprit in the outbreak of botulism tied to ByHeart infant formula that has sickened dozens of babies, The Associated Press has learned. Organic whole milk powder that tested …
POSTED FEBRUARY 02, 2026 6:00 AM |
Meta Faces New Mexico Trial Over Child-Exploitation Claims
Meta Platforms is set to face trial this week in a lawsuit brought by the state of New Mexico accusing it of exposing children and teens to sexual exploitation on its platforms and profiting from it, the first case of …
POSTED FEBRUARY 02, 2026 6:00 AM |
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