According to various new sources,the chief executive of UnitedHealthcare, one of the nationās largest health insurers, was fatally shot in Midtown Manhattan on Wednesday morning, according to a police report. The report says Brian Thompson, 50, was shot just after 6:45 a.m. at 1335 Sixth...
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China’s ban on export of rare minerals to US could affect national security issues
China's new ban on sales of rare minerals to the US could create sensitive national security issues unless the new administration strikes an agreement to normalize other trade arenas with China. Chinese exports of tungsten may hinder the creation of armor percing bullets and shells. The Us does have Tungsten deposits in...
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Chinese Ship Suspected of deliberately dragging anchor for 100 Miles cutting 2 major internet Baltic Cables
A Chinese vessel is being examined by European warship crews regarding sobatage for deliberatorly severing two data cables last week as its anchor was dragged along the seabed for over 100 miles. The ship, Yi Peng 3 is loaded with Russian fertilizer. The damage to undersea cables occurred in Swedish waters on...
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SEC charges Ken Leech former investment officer of Western Asset Management co with fraud
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The Securities and Exchange Commission announced fraud charges against Stephen Kenneth (āKenā) Leech, the former co-chief investment officer (CIO) of registered investment adviser Western Asset Management Company LLC or WAMCO, for engaging in a multi-year scheme to allocate favorable trades to certain portfolios, while allocating unfavorable trades to...
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China’s national law says all Chinese companies in US must get sensitive info from US business for Chinese Government
The Chinese Communist Party 's law called The National Intelligence Law requires that all Chinese businesses and citizens operating overseas including in the United States must gather sensitive uinformation from host countries and their companies and to providfe it to the Chinese Government. Effectively, China has activated all Chinese persons and companies...
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Laboratory owner in Texas charged for $79 M Medicaid fraud scheme
The owner and operator of a Texas laboratory was charged yesterday in connection with his role in a $79 million respiratory pathogen panel (RPP) testing fraud scheme.
According to court documents, Osman Syed, 34, also known as Syed Osman, an Indian national, caused BioDX Labs LLC (BioDX) to submit...
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Can we stop China from using Mexico and Canada to evade our tariffs?
Scores of Chinese manufacturing companies are evading US tariffs by shipping their products to factories in industrial parks in northern Mexico. In many cases, those products are fully made in mainland China but once they reach the Mexico plants they as stamped as made in Mexico. Because of Mexicoās free-trade pact...
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The Federal budget: where our money goes
In fiscal year 2023 the federal government spent $6.1 trillion. Of that iover $4.4 trillion was financed by federal revenues. The rest was financed by boirrowing. The majority of the money was spent on the following;
a. About 24 percent,...
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SEC Charges BIT Mining with FCPA Violations in Bribery Scheme to Influence Members of Japanese Parliament
The Securities and Exchange Commission announced that BIT Mining Ltd., formerly known as 500.com Limited, agreed to pay a $4 million civil penalty to settle charges that it violated the Foreign Corrupt Practices Act (FCPA) from 2017 to 2019 by engaging in a widespread bribery scheme...
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How the new administration can save the American economy and preserve the strength of the U.S. dollar
The new administration has stated its intention to reduce the size of our Government to reduce expenditures by its many agencies. My fervent hope is that the new leaders will also turn their attention to our economy by reducing our $35 trillion debt. While the stock market may continue to remain strong,...
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