
Helicopter pilot to receive Medal of Honor for daring rescue during Vietnam War
It wasn't until after Army Capt. Larry Taylor had picked up four of his fellow soldiers during a raging firefight in Vietnam -- the men clinging onto the outside of his helicopter, as there wasn't room inside -- that he realized he had to figure out where to take them.
2023-09-05 18:28

Cuba Gooding Jr settles rape lawsuit ahead of civil trial
Actor Cuba Gooding Jr reaches settlement with rape accuser, just as civil trial was about to start.
2023-06-06 23:29

Elizabeth Holmes surrenders to federal prison in Texas to begin 11-year sentence for Theranos scandal
Elizabeth Holmes has surrendered to a federal prison in Texas to begin her 11-year sentence over the Theranos scandal which rocked the high-flying tech world of Silicon Valley. The 39-year-old disgraced tech entrepreneur reported to Bryan, the minimum-security federal prison camp in Texas, on Tuesday after exhausting all remaining legal avenues to cling onto her freedom. Holmes was convicted in January 2022 of four counts of fraud and conspiracy for lying about the capabilities pf her biotech company’s blood testing technology and conning investors out of millions of dollars. She was sentenced to 11 years and three months in prison and ordered to pay $452m in restitution to investors – including $125m to media mogul Rupert Murdoch. Holmes had been given until 2pm local time to surrender to the prison camp where she will see out her 11-year sentence surrounded by other white-collar, non-violent female offenders. Her two children – two-year-old William and three-month-old Invicta – will be allowed to visit their mother in the facility. The prison camp, which runs a work-focused program where all inmates are required to hold a job for at least 90 days, is a marked difference from Holmes’ life years earlier when she was seen as the darling of Silicon Valley. The saga began two decades ago when Holmes dropped out of Stanford University in 2003 at the age of 19 to found Theranos. The blood lab company aimed to develop medical devices that could diagnose hundreds of diseases and medical conditions with just a pinprick of blood. Over the next 10 years, Theranos boasted about its capabilities to transform the healthcare industry and grew to a value of $9bn, attracting investments from the likes of Murdoch, former Education Secretary Betsy DeVos and the heirs to the Walmart fortune. The company amassed an influential board of directors including former presidential cabinet members George Shultz, Henry Kissinger and James Mattis. Holmes, meanwhile, was catapulted onto magazine covers and became heralded as the next Steve Jobs while her personal fortune reached $4.5bn. But the technology didn’t do close to what Holmes claimed it could. In 2018, Holmes – Theranos CEO and founder – and Ramesh “Sunny” Balwani – Theranos chief operating officer and Holmes’ live-in romantic partner – were both indicted on fraud charges and the company was dissolved. She was allowed out on bail and while awaiting trial – which was stalled due to the Covid-19 pandemic – Holmes became pregnant with her first child with her partner, hotel boss Billy Evans. She became pregnant with her second child following her conviction. During her trial, Holmes sought to paint a picture that she had simply been under the control of Balwani, 57, and that she never intended to mislead investors about the technology’s capabilities. The jury didn’t buy it and she was convicted of four counts, which could have landed her with up to 20 years’ prison time. Balwani was also convicted of 12 counts of fraud and conspiracy at his trial and was sentenced to 13 years in federal prison. He began serving his sentence in Southern California last month. Since her conviction, Holmes has fought to stay out of prison claiming that she was treated unfairly by prosecutors during trial and that she should be allowed to remain out of prison while she appeals the conviction. An appeals court denied her request and said she must report to prison where she can continue to appeal her conviction behind bars. She asked the judge that she be allowed to remain free through Memorial Day weekend so that she could sort out childcare for her two children, before surrendering to authorities on 30 May. Weeks before beginning her sentence, Holmes admitted that she had made “many mistakes” in a new interview with The New York Times. “I made so many mistakes and there was so much I didn’t know and understand, and I feel like when you do it wrong, it’s like you really internalise it in a deep way,” she said. Read More Elizabeth Holmes news – latest: Theranos founder to surrender to Texas prison today to begin 11-year sentence As Elizabeth Holmes heads to prison for fraud, questions remain about her motives Elizabeth Holmes requests May 30 as new date to report to prison after losing her bid to remain free
2023-05-31 01:47

Absence of 1MDB Debt Payment Lets Malaysia Lower 2024 Budget Gap
Malaysia’s government plans to reduce its budget deficit in 2024 through a combination of spending cuts, new taxes
2023-10-13 16:45

Who is Andrew Williams? Lil Wayne's ex-assistant to undergo medical exam after suing rapper over alleged assault
In 2022, Andrew Williams sued Lil Wayne for alleged intentional infliction of emotional distress, battery and assault
2023-10-18 09:52

Zelenskiy Visits Summit in Moldova as European Leaders Meet
Ukrainian President Volodymyr Zelenskiy made an unexpected appearance at a summit in neighboring Moldova the same day Russia
2023-06-01 15:52

Is Madonna's Celebration Tour cancelled? Manager says replanning concert would be 'logistical nightmare'
'Was it really sensible to book so many tour dates in the first place?' an insider allegedly asked
2023-07-02 20:45

'This should be criminal': NYC hospital ‘Karen’ slammed for attempting to steal black youth’s CitiBike
The woman finally left the bike after her apparent co-worker calmed her down and advised her to take another bike
2023-05-16 21:21

IRS is ending unannounced visits to taxpayers to protect worker safety and combat scammers
The IRS says it is ending its decades-old policy of making unannounced home and business visits — in a an effort to keep its workers safe and combat scammers who pose as IRS agents
2023-07-25 01:25

Ukraine kills 130 Russian soldiers in single day in southern push
More than 300 of Vladimir Putin’s soldiers have been killed and wounded in a span of 24 hours in Zaporizhzhia’s oblast, Ukraine’s armed forces said in a battlefield update on Wednesday. Ukrainian commander general Oleksandr Tarnavskyi said the Russian forces attacked Ukrainian positions 18 times with 830 attacks, one rocket and 23 air strikes in the past day. In retaliation, the artillery units under him launched 1,232 fire missions during the day. The fierce fighting update came from Tavriia village in Zaporizhzhia oblast where Russian forces and Ukrainian troops have been engaged in a grinding battle since the invasion began in February last year. “Over the last day, the enemy lost 325 people – 130 irretrievably injured, 194 wounded, 1 captured,” the commander of the Tavriia operational and strategic group of forces said on his official Telegram channel. The top military official of the unit said his unit destroyed 48 pieces of Russian military equipment. “Among them are three tanks, eight armoured combat vehicles, seven artillery systems and mortars, one multiple-launch rocket system, 14 UAVs, and 15 pieces of vehicles,” he said. One ammunition depot and another strategic object belonging to the Russians was also destroyed, the commander said. On Wednesday, the Ukrainian general staff said the country’s forces continued their offensive operations and inflicted significant losses on Russia’s manpower and equipment in the Melitopol direction but did not state a tally of casualties and losses mounted. Experts monitoring the war have said Russia’s losses in the western Zaporizhzia oblast have significantly shot up. This is heightened by the Russian military’s likely struggles with a “lack of available combat-effective units that the Russian command is willing to laterally redeploy to this sector of the front”, the US-based Institute for the Study of War said. The loss of Russian troops recorded on Tuesday is “significantly higher than Russian losses during the previous two days when Russian forces lost roughly 200 personnel each day”, according to the Tavriisk Group of Forces spokesperson, colonel Oleksandr Shtupun. Russia deployed its elite airborne unit (VDV) forces in Zaporizhzhia, a strategic territory in the war housing Europe’s biggest nuclear power plant. But the spokesperson added that Russia is sending convict recruits named “Storm-Z” detachments which will act as “cover” for the elite troops, “possibly referring to the need to cover the VDV units during a potential withdrawal”, the US-based think-tank said. Read More Russian strikes cities from east to west Ukraine, starting fires and wounding at least 14 Ukraine rejects defective Leopard 1 tanks from Germany after finding ‘serious faults’ How Ukraine’s battle for the Black Sea is inflicting serious pain on Putin’s forces Ukraine-Russia war – live: Zelensky says UN ‘incapable’ of stopping Putin’s ‘criminal aggression’
2023-09-21 13:19

Pence will skip the Nevada GOP caucus and instead run in the primary, giving up chance for delegates
Former Vice President Mike Pence will skip the Nevada caucuses run by the state Republican Party and will instead compete in a state-run primary contest
2023-10-13 04:51

Trump indictment takeaways: Prosecutors detail schemes and lies to keep secret papers
The federal indictment against Donald Trump accuses the former president of illegally hoarding classified documents at his Florida estate after leaving the White House in 2021, and then scheming and lying to thwart government efforts to recover them
2023-06-10 06:27
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