Raytheon to Pay Over $950 Million in Settlement Over Fraud, Bribery, and Export Violations
Raytheon to pay $950+ million to resolve federal investigations into government contract fraud, as well as violations of anti-corruption and export control laws.
Walgreens Announces It Will Close 1,200 Stores Across US by 2027
Walgreens will shut down 1,200 stores across the U.S. over the next 3 years as part of a ‘footprint optimization program’ initiated by the company, its CEO says.
Supreme Court Vacates Ruling on Pennsylvania Law Allowing 18- to 20-Year-Olds to Carry Guns
U.S. Supreme Court vacated lower court’s ruling allowing adults in PA younger than 21 to carry firearms in public during states of emergency, telling appeals court to reconsider case.
Property Manager Accuses Venezuelan Gang of Taking Control of Aurora Apartments, Attempting Extortion
NY-based property management company reports that violent Venezuelan gang took control of several apartment buildings it manages in Aurora, Colorado.
FDA Proposes New Vaccine Approval Process for Pandemics
Due to concerns about the H5N1 avian virus, which has been shown to spread to humans, the FDA has proposed a new approach to pandemic vaccines.
Appeals Court Revives Montana Law Barring Vaccine Status Discrimination
A U.S. appeals court on Oct. 9 removed the injunction blocking a Montana law that prohibits discrimination based on vaccination status.
America’s Tax Gap Projected to Hit Nearly $700 Billion: IRS
The tax gap “reflects the difference between projected ‘true’ tax liability and the amount of tax that is actually paid on time,” the IRS said.
Central Banks Are Buying Gold: What You Need to Know
Since the global financial crisis of 2008–09, central banks have been significant gold buyers, and their investments are paying off.
Consumer Confidence Tumbles Amid Frustration Over High Prices
Consumer sentiment survey shows Americans’ confidence in the economy tumbled after two months of small gains, with frustration over high prices to blame.
Appeals Court Weighs Texas’s Challenge to ‘Dreamers’ Program
U.S. Court heard oral argument over federal government’s attempt to restore Biden’s protections for “dreamers” after TX judge blocked them from taking effect.
Judge Approves Release of Redacted Evidence in Trump Election Case
Federal judge approved release of redacted evidence related to brief filed by Jack Smith disputing Trump’s claim of immunity in his federal election case.
Boeing to Slash 17,000 Jobs, End 767 Cargo Plane Production
Boeing announced it will lay off 10% of its workforce in the coming months and end production of its 767 cargo airplane completing current orders.