
Aldi to buy 400 Winn-Dixie, Harveys groceries in Southern US
Discount grocer Aldi said Wednesday it's acquiring 400 Winn-Dixie and Harveys supermarkets in the Southern U.S. Under a proposed merger agreement, Aldi will acquire all outstanding shares of Jacksonville, Florida-based Southeastern Grocers Inc., the parent company of Winn-Dixie and Harveys
2023-08-17 03:54

Federal Reserve minutes: Too-high inflation, still a threat, could require more rate hikes
Most Federal Reserve officials last month still regarded high inflation as an ongoing threat that could require further interest rate increases, according to the minutes of their July 25-26 meeting
2023-08-17 02:28

New Jersey OKs slightly better settlement over polluted land where childhood cancer cases rose
New Jersey has accepted a revised settlement over chemical dumping that turned a Jersey Shore community into one of America’s most notorious toxic waste cleanup sites
2023-08-17 02:19

British Museum says staff member dismissed after items were found to be missing, stolen or damaged
The British Museum said a member of staff has been dismissed after items were found to be missing, stolen or damaged
2023-08-17 01:57

2 Pinterest directors resign from Nextdoor's board in response to antitrust enforcement efforts
The Justice Department says two Pinterest directors resigned from Nextdoor’s board of directors in response to the department's efforts to enforce an antitrust law aimed at barring executives from holding similar positions at rival companies
2023-08-17 01:52

Biden is set to mark the anniversary of his signing of a major climate, health and tax law
The White House is ramping up its efforts to illustrate the real-world impact of President Joe Biden’s signature climate, health care and tax law
2023-08-16 22:29

Syrian president doubles public sector wages as national currency spirals downwards
Syria’s president Bashar al-Assad has doubled public sector wages and pensions as the war-torn country’s national currency spiraled further downwards, reaching a new low for the year
2023-08-16 21:22

Offshore drilling rig arrives in Lebanese waters ahead of work near the border with Israel
Lebanese Cabinet ministers say an offshore drilling rig has arrived at its destination in the Mediterranean Sea off Lebanon’s coast and will start its search for gas in the coming weeks
2023-08-16 19:54

Intel calls off $5.4b Tower deal after failing to obtain regulatory approvals
Intel is terminating a $5.4 billion agreement to acquire Israeli chip manufacturer Tower Semiconductor after China failed to sign off on the deal amid deteriorating US-China relations
2023-08-16 19:29

Target sales ebb in Q2 and it cuts outlook for the year citing inflation and a culture war dustup
Target has reported weaker-than-expected sales for its the fiscal second quarter
2023-08-16 18:53

UK inflation falls to 17-month low of 6.8% but unlikely to derail another interest rate rise
The rate of inflation in the U.K. fell sharply in July to a 17-month low largely on the back of lower energy prices
2023-08-16 15:29

Utah man arrested for posing as doctor and selling fake Covid cure after three years on the run
A man in Utah has been arrested after allegedly posing as a doctor and making at least $2m by selling a fake cure for Covid-19. He evaded arrest for almost three years. Gordon Hunter Pedersen, 63, who lives in Cedar Hills, Utah, was arrested last week on Wednesday after he was charged in 2020 with seven felonies, including mail and wire fraud, selling of misbranded drugs with intent to defraud and mislead, the US attorney’s office in the state said on Monday. He allegedly sold a "structural alkaline silver" online and claimed that the drug "resonates or vibrates at a frequency that destroys the membrane of the (COVID-19) virus, making the virus incapable" of infecting humans, court documents said. He posed to his customers as an "anti-ageing medical doctor" with PhD degrees in immunology and naturopathic medicine, it said. A warrant for Mr Padersen was issued in August 2020 when he failed to appear in a court for the indictment, leading to a three-year manhunt. The arrest in the case comes a month after he was spotted on surveillance camera footage at a gas station around 40 miles south of Salt Lake City. Mr Padersen promoted his fake cure through YouTube videos, Facebook posts, podcasts and websites, wearing a white lab coat with “Dr” monogrammed on it. “There is no drug that man has made that can do the same,” he said in his podcast interview in March 2020. “If you have the silver in you, when the virus arrives, the silver can isolate and eliminate the virus,” he added. He maintained that his silver product can destroy Covid-19 virus in an interview with federal agents but acknowledged that his credentials were exaggerated. He had been promoting a cure for diseases such as arthritis, diabetes and pneumonia, since 2014. But he substantially profited between January and April 2020 when he made approximately $2m in sales from the company he co-owned, My Doctor Suggests, according to court records. The US District Court for Utah filed a restraining order against Mr Pedersen to stop him from selling the products by labelling them cure-alls, the Justice Department said at that time. Following three years of evading authorities, Mr Pedersen was identified by a Food and Drug Administration special agent on 5 July, while he was in a vehicle registered under his wife’s name, Julia Currey, according to prosecutors. The agent tracked the vehicle to a gas station, where Mr Pedersen was captured on a surveillance camera, as stated by prosecutors. His indictment was part of a task force created by attorney general Merric Garland in 2021 to prosecute businesses and entities that tried to “profit unlawfully from the pandemic. His lawyer is yet to comment on the development. Read More Marjorie Taylor Greene addresses online conspiracy theory linking her to Jan 6 pipe bomber Trump claims mystery press conference report clears him of Georgia election charges – live updates Trump shares moody new video with poem voiceover about ‘suffering to win’
2023-08-16 14:58