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SEC charges private fund adviser for allegedly defrauding retail investors

The ‌US securities regulator on Wednesday charged Meyer Global Management and its CEO Owen Meyer over the private fund adviser's schemes that allegedly took advantage of retail investors seeking exposure to SpaceX and other pre-IPO shares.Here are some more details:• In a complaint filed in the US District Court for the Southern District of New York, the SEC alleged that MGM violated its fiduciary duties by misusing client fund assets and misled underlying investors in the fund.• The ‌US Securities and Exchange Commission's complaint said client assets from certain MGM-managed funds w

Micron forecasts quarterly revenue, profit above estimates on AI memory demand

Trump says he has done a 'bad job' explaining his economic record

Economy|Technology

Senators will try to win approval of permanent Chinese car ban in November

The two US senators backing a permanent legislative ban on Chinese vehicles in the US will not seek approval until the Senate returns from recess in November, congressional aides said Wednesday.Republican Senator Bernie Moreno said on Tuesday that he planned to seek fast-track approval for the stringent ban on Chinese vehicles this week before the Senate left ahead of the November congressional election. But supporters were unable to address the concerns of a holdout senator, Republican Rand Paul, who had raised concerns it was unfairly targeting Mercedes-Benz.The bill's other chief sponso

Trading Day: Shrugging off a volatile September, markets shuffle into Q4

What is red-dyed diesel and can it help lower prices, as Trump wants?

Economy|Environment|Political

High gas prices are spurring states to waive taxes and regulations amid midterm election

State officials nationwide are focusing on rising gas and diesel prices tied to the war in Iran, offering gas tax holidays and other measures to ease costs as affordability remains a top voter concern in the critical midterm elections. The high gas prices took center stage in Ohio on Wednesday, as lawmakers passed a 90-day state gas tax holiday with broad bipartisan support. Ohio is among at least one-fifth of states that have implemented some form of fuel tax relief, with many taking action within the past week, according to an Associated Press review. Some states

Indiana Fever and Caitlin Clark can't escape the spotlight, on the court or off

Hegseth announces new autonomous weapons command while repeating attacks on ‘woke’ culture during speech to troops

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Arts|Crime|Entertainment|US

Appeals court halts Tennessee's first execution of a woman in two centuries

A U.S. appeals court on Wednesday halted the execution of death row inmate Christa Pike in Tennessee, less than two hours before she was scheduled to become the first woman that state has put to death in more than two hundred years.The 6th U.S. Circuit Court of Appeals ordered a "short stay of execution" to give it time to weigh Pike's claim that her allegations of childhood sexual abuse were not adequately considered during her sentencing. The court did not provide a specific timeframe.Pike, whose clemency petition highlighting childhood trauma and sexual abuse was denied by Governor Bill Le

Trump hails the US military's exit from Iraq after its 12-year mission

The U.S. military announced Wednesday that it completed the withdrawal of all American troops from Iraq, ending a 12-year mission to fight the Islamic State group and prompting President Donald Trump to hail the conclusion of "a very expensive excursion into Hell.” The last U.S. troops left an air base in northern Iraq under a deal between Baghdad and Washington. Trump, in a social media post, described the withdrawal by a Sept. 30 deadline as “orderly." Appearing soon after at a White House event celebrating Hispanics, he spoke at length about the withdrawal a

Lone GOP senator blocks bipartisan effort to prevent Trump from demolishing Kennedy Center

TSA officers now not allowed to sit down while checking boarding passes and IDs

Crime|Economy|Election|Political|US

Kurt Olsen, key Trump 2020 election denier, departs Justice Department ‘grand conspiracy’ investigation

A lawyer who aided President Donald Trump’s 2020 election reversal schemes has left the sweeping federal investigation into the president’s foes, a person familiar with the matter told CNN.The lawyer, Kurt Olsen, departed the so-called “grand conspiracy” investigation, the person said. The source initially told CNN that Olsen had quit his job at the department entirely, but later said on Wednesday that an email Olsen sent to Justice Department leadership was mistakenly interpreted as a resignation.Olsen — a key election denier — spent the last several months working on the investig

Political|Sports|US

NFL asks Homeland Security to take down video of Hall of Famer Brian Dawkins

The NFL has asked the Department of Homeland Security to take down a video on social media showing highlights of Hall of Fame safety Brian Dawkins in reference to a purported caravan of immigrants approaching the U.S. border. The video posted on Sunday shows Dawkins' pregame walkout as he chants “The time has come,” followed by a series of big hits. The DHS post includes the caption “Our time has come.” “The league has requested the DHS take down the video,” NFL spokesman Brian McCarthy said Monday. Dawkins was a nine-time Pro Bowler and f

Rubio says ‘foreign actor’ involved in alleged terror plot targeting British base used by US

Trump's golf tour takes him back to the Presidents Cup

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Political|World

Supreme Court lets Trump resume deporting migrants to countries not their own

The US Supreme Court on Tuesday let President Donald Trump's administration resume deporting migrants to countries other than their own without offering them the chance to show the harms they may face, bolstering a tool his administration has used for rapid expulsions as part of his immigration crackdown.The court granted the Justice Department's emergency request to put on hold Boston-based US District Judge Brian Murphy's ruling that the Department of Homeland Security's policy to remove migrants to so-called third countries is unlawful. The court also agreed to hear arguments in the disput

Sports|Technology|World

The rise of a new soccer star: Who is US teenager Cavan Sullivan?

Americans often say they need to see a superstar to fall in love with a sport, and for years, soccer has come up just short in the US.We had the likes of Clint Dempsey in the past, a clinical Premier League player but not quite the level of a superstar. Next up was Christian Pulisic, dubbed Captain America, who is arguably a bit better but struggles with consistency.But now, following those halcyon World Cup days on home soil, the US has a new star breaking through: 17-year-old Cavan Sullivan.The Philly native has long been on the radar of soccer lovers, ever since he made his Major League Soc

Mamdani releases plan to combat antisemitism amid concerns over his criticism of Israel

Scientists deliver ‘starkest warning yet’ of profound changes sweeping the planet’s oceans

Business|Travel|World

‘Violent incident’ between pilots sparks diversion of Israel-bound flight to Saudi Arabia, sources say

A “violent incident” between two pilots caused a Flydubai aircraft traveling from Dubai to Tel Aviv to divert to Saudi Arabia, sources have told CNN.The aircraft descended 17,400 feet – from 34,000 to around 16,600 feet – over northwestern Saudi Arabia in just over two minutes at around 1:20 a.m. ET, flight tracking data reviewed by CNN shows. The plane then transmitted an emergency signal at 1:32 a.m. ET, and landed just before 3 a.m. ET in Saudi Arabia.A Flydubai spokesperson said flight FZ 1073 “experienced an incident while en route” and landed at Tabuk Airport in the northwest

White Sox receive a letter from Pope Leo XIV before winning playoff opener

The Chicago White Sox received a letter from Pope Leo XIV on the same day of their playoff opener against the Houston Astros. The Sept. 9 letter was addressed to White Sox owner Jerry Reinsdorf, and the team said it arrived at Chicago's Rate Field on Tuesday ahead of Game 1 of its AL Wild Card Series against the Astros. The White Sox won Game 1 of the best-of-three series 6-3. Leo is a White Sox fan dating to his days growing up in Chicago. He was known as Robert Prevost or Father Bob when he went to the World Series opener 21 years ago, a 5-3 White

2028 Olympic torch relay to begin in Atlanta and travel through all 50 states before arriving in LA

Destination restaurants worth traveling across the world for

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Economy|Environment|Political|Technology

Data center bill falls short in Senate as lawmakers take final votes before the midterms

Business|Economy|Finance

US economy grew 2.2% this spring, more than initially estimated

Economy

Trump’s tariffs are back in court — again

Business|Education|Finance|Technology

Hedge fund CEO Ken Griffin donates $3 billion to Carnegie Mellon as part of his bet on Florida

Crime|Economy|Europe|Political

Britain’s prisons are full. The solution has sparked outrage

Business|Economy|Political

Trump’s ads have cost taxpayers at least $2.5 million, with funding from Customs and Border Protection

A Google co-founder is spending $100 million to defeat California’s wealth tax. It could become one of his best investments

Political|Science|Technology

What to know about America.gov, the Trump administration’s new AI-driven services website

Economy|Political

Hegseth is set to announce more cuts to the military's general and admiral ranks

Defense Secretary Pete Hegseth plans to announce further cuts to the number of generals and admirals in the military

Political

Supreme Court allows Trump to restart controversial deportations to countries that migrants have no connection to

California & Local

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From LA to Scottsdale: The Founder Behind AdDynamix Is Building the Bridge Between AI and Business Tools

An LA digital advertising veteran of 28 years has moved to Scottsdale and is building what he calls the missing piece between business software and the AI assistants people now use every day. SCOTTSDALE, AZ. When Benoit Pecqueur talks about his latest company, he sounds less like a founder pitching a product and more like an operator who got tired of watching the same problem repeat itself. “Most small business owners are watching the AI revolution from the sidelines,” he says. “Not because they don’t want it. Because their tools don’t talk to ChatGPT or Claude. Their accountant still pulls