Sept 27 (Reuters) – The following are the top stories on the New York Times business pages. Reuters has not verified these stories and does not vouch for their accuracy.
– Currency emblazoned with the image of King Charles III is not expected to enter circulation until mid-2024, the Bank of England said in a statement released early Tuesday morning, though the portrait of the king to be featured on the bank notes will be revealed by the end of this year.
– Pharmaceutical company Biogen Inc has agreed to pay $900 million to settle federal and state claims that it paid kickbacks to physicians to encourage them to prescribe its drugs, the Justice Department said on Monday as a federal judge approved the deal.
– TikTok, the popular video-sharing app, may face a fine of £27 million, or about $29 million, for failing to protect children's privacy in the United Kingdom. (Compiled by Bengaluru newsroom)
Cody Easterday admitted billing Tyson for over 260,000 heads of cattle that didn’t exist, in order to cover over $200 million in commodity-trading losses.
Lawyers are looking to a Harvard professor to help persuade jurors that the former chief executive’s allegedly misleading tweets and podcast interviews didn’t move markets.
A teacher in Iredell County is accused of sending a nude image and sexually explicit video of herself to a student, according to the sheriff’s office.
Target 11 has learned that the 15-year-old student who had just transferred into Oliver Citywide Academy last week and allegedly raped a teacher inside a classroom was accused of attacking a staff member at a behavioral health center earlier this year.
A Southwest Airlines pilot is suing the company, her union and a former colleague who pleaded guilty last year to dead-bolting the cockpit door during a flight and stripping naked in front of her. Christine Janning alleges that Southwest retaliated by grounding her after she reported Michael Haak to the company and the FBI, that it kept him employed despite an alleged history of sexual misconduct and that managers disparaged her in memos. Haak's attorney, Michael Salnick, said Wednesday that his client disrobed only after Janning encouraged him to and never did anything else.
A white woman who was charged after recording police pulling their firearms on Black motorists during a traffic stop in […] The post Minnesota city settles suit with woman who filmed cops drawing guns on Black motorists appeared first on TheGrio.
The founder and CEO of a software company targeted by election deniers was arrested Tuesday on suspicion of stealing data on hundreds of Los Angeles County poll workers. Konnech Corporation's Eugene Yu, 51, was arrested in Meridian Township in Michigan and held on suspicion of theft of personal identifying information, while computer hard drives and other “digital evidence" were seized by investigators from the county district attorney's office, according to the office. “We are continuing to ascertain the details of what we believe to be Mr. Yu’s wrongful detention by LA County authorities," Konnech said in a statement that ended: “Any LA County poll worker data that Konnech may have possessed was provided to it by LA County, and therefore could not have been ‘stolen' as suggested."
An American tourist visiting the Turks and Caicos Islands and two other people were killed in a series of shootings in the British overseas territory Sunday,
The family of five’s car was shot at more than a dozen times, police said.
Russian TV journalist Marina Ovsyannikova, accused of spreading fake news after staging a series of lone protests against the war in Ukraine, said on Wednesday she had fled house arrest because she had no case to answer. In a video posted on Telegram, she sat on a pink sofa and addressed Russia's Federal Penitentiary Service, criticising President Vladimir Putin over the war. "Put a tag like this on Putin," she said, gesturing to what appeared to be an electronic ankle bracelet.
Prosecutors spent several hours Tuesday trying to prove Florida school shooter Nikolas Cruz purposely did poorly on tests administered to see if he suffers from fetal alcohol spectrum disorder, the primary reason his attorneys say he murdered 17 people four years ago. During tests administered earlier this year by experts his attorneys hired, Cruz averaged 22 taps in 10 seconds. Prosecution neuropsychologist Robert Denney said the average male scores 51 on that test and a 22 would be a score only someone with a severe brain injury that causes physical stiffness would tally.
Conspiracy theorist Alex Jones decided not present any defense Wednesday at his defamation trial in Connecticut and was back in Texas in advance of closing arguments over how much he should pay for promoting the lie that the 2012 Sandy Hook school shooting was a hoax. The jury of three men and three women is being asked to decide how much Jones should give the families of eight victims and an FBI agent who all testified they have spent almost a decade being targets of harassment by those who believe the shooting didn't happen and that they are “crisis actors.” Jones, who outside the courthouse insisted that he has never been linked to the direct harassment or threats against the families, was found liable by default last year for defaming them and intentionally inflicting emotional distress.
The GOP Senate candidate has a long string of exaggerations about his record.
The sentencing trial of Parkland shooter Nikolas Cruz will resume on Thursday
The judge in Elizabeth Holmes’ criminal case has agreed to delay sentencing the former Theranos executive to consider whether federal prosecutors committed misconduct.
The wrongful-death lawsuit will be dismissed as part of the undisclosed settlement, according to a statement from the husband of late cinematographer Halyna Hutchins.
Do Kwon, the CEO of Terraform whose failed stablecoin project rocked markets earlier this year, denied a media report that South Korean prosecutors have frozen 56.2 billion won ($39.6 million) of his cryptocurrency assets. Also in September, Bloomberg reported that Interpol, an international organization that coordinates global searches for suspects, issued a "red notice" for Kwon.
The incident took place late Monday at a home near Delray Beach. PBSO did not release the name of the deputy who fired the gun.
David Maldonado managed to drive away from DEA agents after agreeing to cooperate with them following a 114-pound fentanyl bust.
The man was taken to a hospital following the “racially-motivated assault,” according to prosecutors.