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The U.S. government has seized $15 billion in bitcoin from a Cambodian business conglomerate charged with running a global cryptocurrency scam.Federal prosecutors claim Chen Zhi, the founder and chairman of Prince Holding Group, oversaw a vast criminal network in Cambodia built on forced labor that extracted billions from victims in the U.S. and around the world. The indictment, which was unsealed in a federal court in Brooklyn on Tuesday, charges the 37-year-old Cambodian national with wire fraud and money laundering. “By dismantling a criminal empire built on forced labor and deception, we are sending a clear message that the United States will use…
Healthcare executive with 20+ years of leadership experience joins to drive growth and operational excellence across Tampa, St. Petersburg, and Boca Raton practices. TAMPA, Fla., Oct. 15, 2025 /PRNewswire/ — AnswersMD, the concierge medical group redefining primary care for Florida’s high-performance families and professionals, today announced the appointment of Jamie Barber, MBA, as its new Director of Operations. Barber will oversee operational strategy and clinic growth across AnswersMD’s expanding Florida footprint, supporting the company’s mission of delivering personalized, preventative, and patient-centered care. Jamie Barber, Director of Operations AnswersMD With…
NEW YORK :Meta Platforms said on Wednesday it would invest $1.5 billion in a data center in Texas, breaking ground at its 29th such facility globally, as the social media giant expands infrastructure to support artificial intelligence workloads.The data center in El Paso, Meta’s third in Texas, is expected to come online in 2028, and can scale to a 1-gigawatt site – enough energy to power a city the size of San Francisco for a day – making it one of the largest planned data center campuses in the U.S.Large-scale cloud service providers, called hyperscalers, have been racing to build…
[NEW DELHI] India’s trade deficit widened in September, the first full month of data since the US imposed its highest tariffs in Asia on Indian goods.The gap between exports and imports stood at US$32.15 billion last month, data released by the Ministry of Commerce and Industry showed on Wednesday (Oct 15). That compares with a US$27.5 billion gap projected by economists in a Bloomberg survey. Exports rose 6.7 per cent in September to US$36.38 billion from a year earlier, while imports climbed 16.7 per cent to US$68.53 billion. The White House imposed crushing 50 per cent tariffs on Indian goods from Aug…
MINEOLA, N.Y. — MINEOLA, N.Y. (AP) — A person living in New York has tested positive for the chikungunya virus in what state health officials say is the first reported transmission of the mosquito-borne illness within the United States in six yearsThe state Department of Health said Tuesday that the virus, which has been spreading in China and elsewhere, was identified in a person living in Nassau County on Long Island.The county’s health department, in a separate statement, said the person began experiencing symptoms in August after having traveled outside of the region, but not out of the country. It’s…
[WASHINGTON] The International Monetary Fund (IMF) said that global public debt is on track to exceed 100 per cent of GDP by the end of this decade, its highest level since 1948, in the aftermath of World War II. Rising debt-servicing costs are adding pressure to government’s budgets, as well as increasing defence spending and aging populations, the Washington-based fund said in its latest Fiscal Monitor, published on Wednesday (Oct 15).“Starting from too high deficits and debts, the persistence of spending above tax revenues will push debt to ever higher heights threatening sustainability and financial stability,” the IMF said. There’s…
[SINGAPORE] Jardine Cycle & Carriage has appointed former OCBC group chief executive officer Samuel Tsien as its new independent chairman, effective Nov 11.The 71-year-old, who is currently a lead independent director at Jardine C&C, will succeed chairman John Witt, the company said in a bourse filing on Wednesday (Oct 15)Witt, who is 61-years-old, announced his retirement in May this year.Tsien was executive director at OCBC until his retirement from office in 2021. He is currently a director of Singapore Exchange and Mapletree Investments.He will be the first independent chairman of Jardine C&C.Jardine C&C is the investment holding company of Hong…
Meta Platforms said it is partnering with chip tech provider Arm Holdings to power the systems that drive personalization across its apps, including Facebook and Instagram, as companies rush to upgrade the chip technology underpinning their services.The social media giant will use Arm-based data center platforms to power its AI ranking and recommendation systems, which are key to discovery and personalization across its apps.A deal with Meta would mark another major validation of Arm’s technology as the SoftBank‑backed company competes with the entrenched x86 architecture used by Intel and AMD.Arm provides chip architecture that serves as a blueprint for what…
Now that we’re halfway through the college football regular season, I think we can start to think about who might win some of the top awards. In fact, I think we can even dish out some awards based on how some players and coaches performed through the first seven weeks of the year. The Heisman Trophy race has seemed to take a drastic turn since the start of the season, while a couple of transfers have arguably emerged as the best running backs in the nation. We’ve also seen quite a number of surprises this season, leading to some hotly contested…
A startling message came over the radio from an air traffic control tower near Los Angeles less than a week into the federal government shutdown: “The tower is closed due to staffing.”Without enough air traffic controllers to guide planes into and out of Hollywood Burbank Airport, the tower went dark for almost six hours on Oct. 6, leaving pilots to coordinate their movements among themselves. Flight delays averaged two-and-a-half hours in one of the first visible signs that the shutdown was already taking a toll on the nation’s aviation system.Since the shutdown began Oct. 1, the Federal Aviation Administration has…
