Death and deceit in Malibu: How yogi couple befriended and stole millions from vulnerable rich doctor

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The tragic end of Dr. Mark Sawusch’s life all started in an ice cream shop in Venice Beach. On June 23, 2017, Sawusch — a brilliant, but troubled ophthalmologist who struggled with bipolar disorder — met Anton David and Anna Moore. It was a fateful encounter that would eventually lead to his death and the … Read more

Pence house in Indiana to be searched by FBI for additional classified material

WASHINGTON — The FBI is expected to search former Vice President Mike Pence’s Indiana home for classified material in the coming days, according to people familiar with the matter, as senior government officials come under increased law-enforcement scrutiny of their handling of such documents.

‘Decidedly less hawkish’: 4 takeaways from Powell’s press conference as Fed hikes rates again

The Federal Reserve on Wednesday approved a quarter-percentage-point hike in interest rates to a range of 4.5%-4.75%. That was the smallest rate hike in a year, and one that had been telegraphed by many Fed officials. In addition, the Fed’s statement left in language that it saw “ongoing increases in the target range” — which … Read more

Adani Enterprises scraps $2.5 billion stock offering amid scrutiny from short seller

Indian billionaire Gautam Adani’s flagship company reversed course and canceled a share sale of up to $2.5 billion, as it continues to grapple with the fallout from fraud allegations by U.S. short seller Hindenburg Research. A day earlier, Adani Enterprises 512599, -28.45%  had collected enough investor bids to pull off the so-called follow-on public offering, or FPO. Adani … Read more

Amazon gets 3 more warehouse-safety citations as OSHA warns company to ‘take these injuries seriously’

The federal government on Wednesday hit Inc. with worker-safety related citations and penalties at three more warehouses, two weeks after issuing citations at the company’s warehouses in three different states. The latest citations are the result of the Occupational Safety and Health Administration’s investigation of Amazon AMZN, -0.06% warehouses stemming from referrals from the … Read more

Options trading desks ‘flying blind’ after derivatives platform hit by ransomware attack

A popular derivatives trading platform used by options dealers and investment banks was hit with a cyber attack on Tuesday, disrupting trading of derivatives tied to stocks, bonds and currencies. The Dublin-based ION Markets, the target of the attack, was forced to shut down some of its services temporarily, a decision that impacted some customers’ … Read more

Meta wins bid to buy VR startup Within Unlimited, beating U.S. FTC in court: report

A California judge on Wednesday denied the Federal Trade Commission’s bid for a preliminary injunction to block Meta Platforms Inc.’s proposed acquisition of VR startup Within Unlimited. The sealed decision from federal judge Edward Davila of San Jose, Calif., does not preclude the agency from pursuing a separate case to block the deal, according to … Read more

Florida blimp company owner sentenced to 5 1/2 years for stealing $8 million in COVID aid

Oh the humanity. The owner of the world’s largest blimp company has been sentenced to 5 1/2 years in prison for stealing nearly $8 million in COVID-19 aid which prosecutors said he used to buy a private island and a luxury ski resort among other real estate investments   Patrick Parker Walsh, 42, of Williston, Fla., … Read more

Here’s everything coming to Hulu in February 2023 — and what’s leaving

February 2023 brings the final seasons of three high-profile Hulu/FX titles, as well as a slew of new true-crime docuseries and network shows. “Wu Tang: An American Saga” (Feb. 15), Hulu’s biographic series about the iconic hip-hop group, will roll out its third and final season, while FX’s epic ’80s drug drama “Snowfall” (Feb. 23) … Read more

Opinion: The WTO no longer serves U.S. foreign-policy interests

The World Trade Organization no longer serves U.S. foreign policy interests. The U.S. and its allies established the General Agreement on Tariffs and Trade to limit tariffs and quantitative restrictions and to promote trade in goods. Re-christened the WTO in 1995, agreements were added to cover trade in services and discipline domestic policies affecting commerce in areas … Read more