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Bank of America was sued Wednesday over its alleged financial ties with Jeffrey Epstein, with the lawsuit claiming the financial giant facilitated and also benefited from his alleged sex trafficking venture. The lawsuit, filed in federal court on behalf of a Jane Doe, alleges Epstein committed his crimes “through access to funding and financial support from both individuals and institutions, including Bank of America.” Epstein died in 2019 in jail while awaiting trial on federal sex trafficking and conspiracy charges.”Egregiously, Bank of America had a plethora of information regarding Epstein’s sex trafficking operation but chose profit over protecting the victims,” the…
U.S. Bancorp said on Wednesday it had formed a new unit focused on digital assets and money movement to speed up development as well as grow the revenue from emerging digital products and services.Jamie Walker, a U.S. Bancorp veteran of more than 20 years, will lead the new unit.WHY IT’S IMPORTANTThe goal of the new organization is to develop digital products and make more money from the growing areas in finance such as stablecoin issuance, cryptocurrency custody, asset tokenization and digital money movement. KEY QUOTE”Clients increasingly want to understand how digital assets can help them safely move money, store deposits…
Maybank says prediction markets are suggesting that a Trump-Xi meeting is ‘78% likely’ before the end of October[SINGAPORE] Just as Asian markets shuttered at the end of last week, trade tensions between China and the US revved up again.US President Donald Trump said that he would impose a fresh 100 per cent tariff on China. Set to go into effect from Nov 1, it will apply on top of existing levies and export controls on “any and all critical software”.US tariffs on imports from China this year had reached a high of 145 per cent, leading to China retaliating with…
ANDOVER, Mass., Oct. 15, 2025 /PRNewswire/ — TransMedics Group, Inc. (“TransMedics”) (Nasdaq: TMDX), a medical technology company that is transforming organ transplant therapy for patients with end-stage lung, heart and liver failure, today announced that it will release financial results for the third quarter 2025 after market close on Wednesday, October 29, 2025. The TransMedics management team will host a corresponding conference call beginning at 4:30 p.m. ET / 1:30 p.m. PT. Investors interested in listening to the conference call may do so by dialing (844) 676-6010 for domestic callers or (412) 634-6944 for international callers and ask to be joined…
COMMERCE CITY, Colo. — From the moment Mauricio Pochettino named his 26-man squad for the United States’ two World Cup tuneups this month, he repeated variations of the same message.”Nobody’s place is guaranteed,” the coach said again the day before Tuesday’s come-from-behind win over Australia that concluded the October international window.Some questioned this approach. The argument against it, Pochettino acknowledged after Haji Wright’s two goals led the Americans past the Socceroos, was that he needed to pick a starting lineup and stick with it to build continuity with just two more training camps left before the Argentine must pick his…
[SINGAPORE] Aztech Global’s net profit fell 21.2 per cent to S$10.8 million for the third quarter ended Sep 30, from S$13.7 million in the previous corresponding period.Revenue for the quarter fell 19.9 per cent to S$133.5 million, down from S$166.7 million.Earnings per share stood at S$0.0141, down from S$0.0178 in Q3 2024.For the nine-month period, net profit declined 55.5 per cent from S$60.4 million to S$26.9 million, primarily due to subdued customer demand, said the company in a bourse filing on Wednesday (Oct 15).“The group continues to build strong momentum year to date, securing 22 new project wins and onboarding…
The J.M. Smucker Co. is suing Trader Joe’s, alleging the grocery chain’s new frozen peanut butter and jelly sandwiches are too similar to Smucker’s Uncrustables in their design and packaging.In the lawsuit, which was filed Monday in federal court in Ohio, Smucker said the round, crustless sandwiches Trader Joe’s sells have the same pie-like crimp markings on their edges that Uncrustables do. Smucker said the design violates its trademarks.Smucker also asserted that the boxes Trader Joe’s sandwiches come in violate the Orrville, Ohio-based company’s trademarks because they are the same blue color it uses for the lettering on “Uncrustables” packages.…
President Trump’s administration for now must stop firing workers during the government shutdown, a federal judge ordered on Wednesday.U.S. District Judge Susan Illston in San Francisco said the cuts appeared to be politically motivated and were being carried out without much thought.”It’s very much ready, fire, aim on most of these programs, and it has a human cost,” she said. “It’s a human cost that cannot be tolerated.”She granted a temporary restraining order blocking the job cuts, saying she believed the evidence would ultimately show the cuts were illegal and in excess of authority.The judge’s decision came after federal agencies…
Americans are still cracking open cold ones, but what’s inside their cans is changing.More people are now reaching for cannabis beverages, nonalcoholic drinks infused with tetrahydrocannabinol, or THC, the main ingredient in marijuana that makes you feel high. Some varieties also include cannabidiol, or CBD, a chemical compound found in marijuana or hemp that proponents say helps relieve pain, anxiety and other health symptoms. The drinks come in different forms including seltzers, juices, sodas and teas. Consumer demand for cannabis beverages is growing as Americans drink less booze. According to a July Gallup survey, the percentage of U.S. adults who say…
The NASCAR Cup Series heads to Talladega this weekend for the YellaWood 500.When it comes to the odds, bettors can dive into that action and place wagers on which driver they think has what it takes to win outright.Currently, there’s a four-way tie for favorite on the oddsboard. William Byron, Ryan Blaney, Joey Logano and Austin Cindric are all sitting at +1000 to win this Sunday at the superspeedway.So who will take the checkered flag?Let’s dive into the lines for the entire field at DraftKings Sportsbook as of Oct. 15.YellaWood 500 2025William Byron: +1000 (bet $10 to win $110 total)Ryan…
