The Horn News

Proudly American, Fiercely Independent

Prosecutors reject SBF’s last-ditch argument

Sam Bankman-Fried’s lawyers made meritless arguments in a bid to convince a judge to toss out criminal charges alleging that the FTX founder stole from investors in his multibillion dollar cryptocurrency fund, federal prosecutors said Monday. In papers filed in Manhattan federal court, prosecutors responded to early May filings in… Read More

After sentencing, questions remain about Elizabeth Holmes motives

As Elizabeth Holmes prepares to report to prison next week, the criminal case that laid bare the blood-testing scam at the heart of her Theranos startup is entering its final phase. The 11-year sentence represents a comeuppance for the wide-eyed woman who broke through “tech bro” culture to become one… Read More

Debt default ‘X-date’ calculations abound amid debt limit talks

For all the concern over just when the government might run short of money to pay its bills, it turns out that no one, not even the U.S. treasury secretary, can be absolutely sure exactly when the country faces a potential default — what officials are calling the “X-date.” Calculating… Read More

Warning: Social Security payments may be canceled

For millions of retired and disabled Americans, their expected Social Security payment won’t happen unless a debt limit deal is reached soon, warned Treasury Security Janet Yellen. Payments could stop as soon as June 2. It would be shocking to millions who depend on these timely payments — and Democrats… Read More

Inside Tina Turner’s final days

In her adoptive country, Tina Turner was more than just a swivel-hipped rock, R&B and pop superstar. She unapologetically moved to Switzerland for its discretion and calm, carrying her very public persona into a very private country. She relished her life as a Swiss citizen — and the feeling was… Read More

The companies leaving Russia… and staying

More than 500 companies have suspended their business in Russia, and a similar number have withdrawn completely. An additional 151 are “scaling back,” 175 are “buying time” and 230 are “digging in,” according to database kept by Yale University. Chinese companies figure prominently in the last category. Sponsored: Bear market… Read More

Nevada legislature reaches agreement for A’s ballpark

Republican Nevada Gov. Joe Lombardo announced Wednesday a tentative agreement between his office, legislative leaders in the state and the Oakland Athletics for a stadium funding plan after weeks of negotiations over how much public assistance the state will contribute to a $1.5 billion ballpark in Las Vegas, according to… Read More

Netflix to charge an additional $8 month for these viewers

Netflix on Tuesday outlined how it intends to crack down on the rampant sharing of account passwords in the U.S., its latest bid to reel in more subscribers to its video streaming service as its growth slows. To combat password sharing, Netflix said it will limit U.S. viewership of its… Read More

UK inflation falls to 14-month low, despite high food prices

Inflation in the U.K. has fallen to its lowest level since the immediate aftermath of Russia’s invasion of Ukraine, though elevated food prices meant it didn’t fall as much as anticipated. The Office for National Statistics said Wednesday that the inflation rate, as measured by the consumer prices index, dropped… Read More