Millions of dollars that were supposed to go to Canadian residential school survivors as part of a 2005 settlement were reportedly spent by the Catholic Church on lawyers, fundraising, administration costs and unapproved loans.
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The founder and one-time executive chair of Nikola Corp was freed on US$100 million bail after pleading not guilty to charges alleging he lied about the electric and hydrogen-powered truck start-up, duping novice investors including some financially struggling people looking for income during the pandemic.Trevor Milton, 39, of Oakley, Utah, resigned from Nikola in September amid allegations of fraud. At the time, Milton said he would defend himself against accusations that the company made…
US-based First Solar on Friday said it will invest invest $684 million, or roughly Rs 4,965 crore, in India to build a solar PV (photovoltaic) module manufacturing plant with more than 3 GW (gigawatts) capacity in Tamil Nadu.
L.A. County Assessor Jeff Prang says bulk appeals by tax agents cost his office $2.2 million a year and may mean $15 million lost in annual revenue.
[Africa Renewal] COVID-19 vaccine shipments to Africa are rapidly ramping up from multiple sources after a near-halt to deliveries in recent months. Nearly 4 million doses from COVAX arrived in Africa last week, compared with just 245 000 doses from the facility throughout the month of June.
Sector Property Group has snapped up the 1980s home of computer game maker Atari for $24.5 million.
After spilling 17 million gallons of sewage into Santa Monica Bay, the damaged Hyperion Reclamation plant is still struggling to clean wastewater.
There are risks for both the donor and the receiver, starting with the yo-yoing values. A $5 million gift today may be worth $3 million or $7 million next week.
Forward Paul Stastny is staying with the Winnipeg Jets. The Jets announced on Monday that they have agreed to a one-year, $3.75 million US deal with Stastny, who was set to become an unrestricted free agent this summer.
The quintessential French pate delicacy of foie gras cannot be called as such if it is grown in a laboratory, an association said on Monday, after a start-up launched a high-profile bid to grow the food from duck cells.Gourmey, a Paris-based venture, has raised US$10 million (€8.5 million) from European and US investors this month to perfect its recipe for making fattened duck liver in a lab.Its bid has come amid growing international concern over the methods used to make the delicacy…
Britain on Thursday sanctioned the son of Equatorial Guinea’s president for misappropriating millions of dollars which London said was spent on luxury mansions, private jets and a US$275,000 glove worn by Michael Jackson.Foreign Secretary Dominic Raab said Teodoro Obiang Mangue, who is also vice-president of Equatorial Guinea, had participated in “corrupt contracting arrangements and soliciting bribes, to fund a lavish lifestyle inconsistent with his official salary as a government minister”…
Investors in AMP Capital’s managed office fund have been given a $575 million windfall with the sale of its stake in the skyscraper at 200 George St, Sydney.
The Detroit Red Wings have re-signed Tyler Bertuzzi, one of the pillars of their rebuild, for two years and $9.5 million.
One of Hollywood’s biggest talent agencies on Friday hit out at the Disney film studio in an escalating public dispute over claims by Scarlett Johansson that she had lost money over the release of her Black Widow film.Bryan Lourd, co-chairman of the Creative Arts Agency (CAA), accused Disney in a statement of attacking the actress’s character and of revealing her US$20 million salary for the superhero film “in an attempt to weaponise her success as an artist and a businesswoman”.Lourd, who also…
Amid a humanitarian crisis, millions of Venezuelans have fled their homes to neighboring Colombia in recent years. But the lack of technological resources and digital skills is proving to be an obstacle to settling in, despite Colombia’s welcoming policies.
Central Bank Governor Riad Salameh said Friday that BDL has sold $828 million to finance fuel imports to Lebanon from its foreign currency reserves in the month of July alone, urging the authorities to crack down on the smuggling of fuel to the black market.
After the acquisition of Discount Investment Corp., Tzahi Nahmias is expected to lead efforts to cut costs at the group in an effort to save tens of millions of shekels annually
A year after buying a bigger place in Beverly Hills Post Office, John Legend and Chrissy Teigen have sold their other home in the neighborhood for $16.8 million.
'Charlie's Angels' actress Shelley Hack hauled in $11.4 million for her 99-year-old Craftsman compound in Santa Monica, or $2.5 million more than she was asking.
Hollywood’s Universal is spending an eye-watering $544 million for three new movies.
Emergent BioSolutions, which ruined 75 million vaccine doses at its Baltimore plant, disclosed records requests from Congress and federal and state law enforcement agencies.
Amazon has been handed an $888 million fine by European Union regulators for breaching the bloc’s data protection laws. The fine is the largest issued by the EU, but is still less than one percent of the firm’s annual revenue.
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Fossils that formed 890 million years ago in what is now the Northwest Territories may be by far the oldest evidence of animal life ever found, a controversial new Canadian study suggests.
The band, known for its hard-charging, blues-inflected rock, was one of the biggest acts of the 1980s, selling more than 50 million albums.
The deadly floods in the central province of Henan resulted in direct economic losses of 2.25 billion yuan (US$348 million) for China’s poultry and livestock industries after 248,000 pigs and 6.4 million chickens died.The floods, which have been described as the worst in decades after killing at least 99 people, saw some 15,000 farms affected, while another 45,000 sheep and other large livestock also died, China’s Ministry of Agriculture and Rural Affairs said on Friday.“From a national…
Committees affiliated with the former president raised about $56 million in the first months of 2021, according to The New York Times
Joni Rogers-Kante, founder of the multi-level marketing cosmetics company SeneGence, wants $50 million for her amenity-loaded mansion in Irvine.
The Black Summer bushfires exposed critical top soil to erosion, stripping away millions of tonnes and placing at risk dozens of previously non-endangered plants and animals.
[WHO-AFRO] Brazzaville -- COVID-19 vaccine shipments to Africa are rapidly ramping up from multiple sources after a near-halt to deliveries in recent months. Nearly 4 million doses from COVAX arrived in Africa last week, compared with just 245 000 doses from the facility throughout the month of June.
Scarlett Johansson is suing Disney over its decision to release superhero movie “Black Widow” on streaming at the same time as in theaters, alleging a breach of contract which cost the star millions of dollars.
Pfizer lifted its annual revenue and profit projections Wednesday as it forecast the delivery of 500 million more Covid-19 vaccine doses compared with earlier expectations.The two-shot inoculation
Scarlett Johansson is suing Disney over its decision to release superhero movie Black Widow on streaming at the same time as in cinemas, alleging a breach of contract which cost the star millions of dollars.Johansson, one of Hollywood’s biggest and top-paid stars, was entitled to a percentage of box office receipts from the much-anticipated Marvel film, according to a lawsuit filed Thursday at Los Angeles Superior Court.The film was originally due for a big-screen release last year, but was…
The $2.7 million Marble Arch Mound was meant to create a new attraction for visitors in the middle of London. But the reality of the project is falling short of expectations.
The number of foreign visitors arriving in Turkey jumped to 2.048 million in June, data showed on Friday, nearly 10 times the level a year earlier when COVID-19 restrictions were first imposed, but
The millions of federal workers in the U.S. will be required to verify they've been vaccinated against COVID-19 or else face mandatory masking, weekly testing, distancing and other new rules, the Biden administration announced Thursday.
The Pregones/Puerto Rican Traveling Theater will use the funds, along with $7 million from the city over the last eight years, for an expanded South Bronx space.
Anderson Cooper is selling his mother’s perpetually reimagined two-bedroom, where she lived for nearly 25 years, for $1.125 million.