Federal agents in Memphis have seized a potentially 3,000-year-old ancient Egyptian artifact that was shipped in from Europe. U.S. Customs and Border Protection says they intercepted the Egyptian canopic jar lid of the funeral deity named Imsety on Aug. 17. Sponsored: Scientific Experiment On 100-Year-Olds You Need To See To… Read More
Theaters nationwide tout new deal: $3 tickets for one day
For one day, movie tickets will be just $3 in the vast majority of American theaters as part of a newly launched “National Cinema Day” to lure moviegoers during a quiet spell at the box office. The Cinema Foundation, a non-profit arm of the National Association of Theater Owners, on… Read More
Rhode Island mayor unveils $10M reparations spending plan
Providence’s mayor proposed spending $10 million in federal coronavirus pandemic aid on financial literacy and homeownership, workforce training, small business development and other programs recently recommended by the city’s reparations commission. Mayor Jorge Elorza’s spending plan, released Thursday, also calls for using $250,000 in federal money to launch a legal… Read More
Fed Chair Jay Powell addresses economic ‘pain’ in grim new speech
Federal Reserve Chair Jerome Powell delivered a stark message Friday: The Fed is determined to fight inflation with more sharp interest rate hikes, which will likely cause pain for Americans in the form of a weaker economy and job losses. “These are the unfortunate costs of reducing inflation,” Powell said… Read More
Secret Service recovered $286 million in fraud from pandemic loans
The U.S. Secret Service said Friday that it has recovered $286 million in fraudulently obtained pandemic loans and is returning the money to the Small Business Administration. The Secret Service said an investigation initiated by its Orlando office found that alleged conspirators submitted Economic Injury Disaster Loan applications by using… Read More
All eyes on Fed Chair Jay Powell ahead of this announcement
When Federal Reserve Chair Jerome Powell delivers what will be his most closely scrutinized speech of the year Friday, investors and economists will be turning over his remarks for any clues about how fast the Fed may continue to raise its key interest rate — and for how long. With… Read More
Academy CEO announces big changes to Hollywood
Bill Kramer has been thinking about the future of the Oscars since he was named CEO of the Academy of Motion Picture Arts and Sciences earlier this summer. The former head of the Academy Museum of Motion Pictures knows some things must change, that they have to evolve and grow… Read More
Fukushima nuclear plant fuel removal delayed due to robots
The operator of the wrecked Fukushima nuclear power plant said Thursday it is further postponing the start of the removal of highly radioactive melted fuel from its damaged reactors because of delays in the development of a remote-controlled robotic arm. Tokyo Electric Power Company Holdings had originally planned to begin… Read More
Cosmetics giant Sephora settles bombshell customer lawsuit
Sephora Inc., one of the world’s largest cosmetics retailers, has settled a lawsuit claiming that the company sold customer information without proper notice in violation of the California’s landmark consumer privacy law, state Attorney General Rob Bonta said Wednesday. Sephora failed to tell customers that it was selling their personal… Read More
Paul Newman’s daughters sue late actor’s foundation over this
A new lawsuit has exposed a deep rift between two of Paul Newman’s daughters and the late actor’s charitable foundation funded by profits from the Newman’s Own line of food and drink products. The daughters, Susan Kendall Newman and Nell Newman, allege Newman’s Own Foundation has improperly cut its mandated… Read More
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