Monthly Archives: <span>August 2023</span>

‘Singin’ in the Rain’ Show Went On Despite Flooding of Theater

Members of a beloved Vermont acting company were sleeping in theater housing when torrential rains and flooding forced them to flee, with water inundating the playhouse’s vast basement of dressing rooms, costumes and props and reaching into the first floor. …

Insurers to Pay $50M in Settlement Over Abuse at West Virginia Boarding School

CHARLESTON, W.Va. (AP) — A second lawsuit that alleged widespread sexual, physical and mental abuse at a now-closed West Virginia boarding school for troubled youths has been settled for about $50 million, to be paid by insurance carriers. Attorneys for …

Business Lobby Struggles to Thwart SEC Cybersecurity Disclosure Rules

Business lobbyists are struggling to soften new US Securities and Exchange Commission rules that require publicly traded companies to quickly disclose cybersecurity breaches. The Justice Department is planning to issue guidance by December on how firms can get exemptions fromthe …

Tesla Investors to Get About $12,000 Apiece in Musk’s SEC Deal

A group of Tesla Inc. investors stands to recover an average of about $12,000 a head for losses they incurred from Elon Musk’s famous 2018 tweet that he had “funding secured” to take the carmaker private at $420 a share …

Why Is Japan Releasing Treated Radioactive Water and Is it Safe?

Japan began pumping more than a million metric tons of treated radioactive water from the destroyed Fukushima Daiichi nuclear power plant on Thursday, a process that will take decades to complete. The water was distilled after being contaminated from contact …

Two British Teens and Their Audacious Hack of Nvidia, Grand Theft Auto and Uber

At 9 p.m. on Sept. 22 last year, a group of City of London police officers waited outside room M15 at the Travelodge Bicester, a one-star budget hotel in Oxfordshire, England, for the right moment to bust in. On the …

Another Metals Trading House Says It Has Been Hit by a Nickel Fraud

Another trading house has been stung after buying a cargo supposedly containing nickel that turned out to be full of near-worthless rubble. The latest example, detailed in lawsuits in London and Singapore, is separate from the $600 million alleged fraud …

Wildfires Ravage Louisiana Amidst Record Heat and Drought

BATON ROUGE, La. (AP) – Hundreds of wildfires are burning in Louisiana, as triple-digit temperatures continue to scorch parts of the state amid little chance of relief because of the lack of rain in the forecast. While many of the …

Tornado Cash Founders Charged by US in Money Laundering Scheme

Two founders of Tornado Cash, a cryptocurrency mixing service that has been under scrutiny by various US agencies for more than a year, were charged with helping launder more than $1 billion for clients that included a North Korean cybercrime …

US Sues SpaceX, Alleges Hiring Discrimination Against Asylum Seekers, Refugees

The U.S. Justice Department sued Elon Musk-owned rocket and satellite company SpaceX on Thursday for allegedly discriminating against asylum recipients and refugees in hiring. “The lawsuit alleges that, from at least September 2018 to May 2022, SpaceX routinely discouraged asylees …