Nearly 200 people have been charged in a sweeping nationwide crackdown on healthcare fraud schemes with false claims topping $2.7bn, the United States Department of Justice has said. Attorney General Merrick Garland announced on Thursday charges against doctors, nurse practitioners and others across the US accused of a variety of…
Boeing had ‘blatantly violated’ federal rules by providing ‘non-public investigative information’, investigators said. United States investigators have sanctioned Boeing for revealing details of a probe into a 737 MAX mid-air blowout and said they would refer its conduct to the US Department of Justice (DOJ), prompting the embattled planemaker to…
Japanese Finance Minister Shunichi Suzuki says authorities watching currency’s slide with ‘sense of urgency’. Japan has signalled it may intervene to prop up the yen after the currency fell to a 38-year low against the US dollar. Japanese Finance Minister Shunichi Suzuki said on Thursday that authorities would take action…
The shopping section is Amazon’s most aggressive response to the growth of bargain sites like Temu and Shein. Amazon.com plans to launch a section on its shopping site featuring cheap items that ship directly to overseas consumers from warehouses in China, tech news site The Information has reported, citing slides…
US debt is on track to reach more than $50 trillion dollars over the next decade. The US is more than $34 trillion dollars in debt. That’s almost equal to its entire gross domestic product (GDP). The figure is bigger than any other nation’s debt, but does that matter when…
Increased attention to home prices comes as the housing crunch becomes an increasing issue in upcoming elections. The Biden administration is announcing new steps to increase access to affordable housing as still-high prices on groceries and other necessities and high interest rates have dramatically pushed up the cost of living in the…
Canada said the domestic car sector faced unfair competition from China’s ‘state-directed’ global oversupply of EVs. Canada is considering whether to impose import tariffs on Chinese-made electric vehicles and will seek the public’s opinion about the idea, Deputy Prime Minister Chrystia Freeland has said. On Monday, Freeland said the domestic…
Draft rule would prohibit US investors from funding AI systems in China that could be used for weapons targeting, other military uses. The United States Department of the Treasury has fleshed out a proposed rule that would restrict and monitor US investments in China for artificial intelligence, computer chips and…
In the past few weeks, several media reports raised concerns about the incoming editor’s journalistic ethics. The Washington Post says newly named editor Robert Winnett has decided not to take the job and will remain in Britain instead, creating another upheaval at a news outlet where a reorganisation plan has…
ByteDance said US government prefers to shut down than work on an ‘effective solution’ to protect US users. TikTok and Chinese parent ByteDance have urged a United States court to strike down a law they say will ban the popular short video app in the US on January 19 next…
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