Reuters US Domestic

Former Bankman-Fried lieutenant Salame pleads guilty to illegal campaign contributions

8 Sep 2023

By Luc Cohen and Jody Godoy NEW YORK (Reuters) – Ryan Salame, the former co-CEO of FTX’s Bahamian subsidiary and a top lieutenant to the bankrupt cryptocurrency exchange’s founder, Sam Bankman-Fried, pleaded guilty on Thursday to making tens of millions of dollars in unlawful campaign donations to boost causes supported by his boss. In court …

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Alchemy Copyrights to buy Round Hill Music for about $469 million

8 Sep 2023

(Reuters) – Alchemy Copyrights has agreed to buy music copyright-focussed investment firm Round Hill Music Royalty Fund for about $468.8 million, the companies said on Friday, giving it access to songs including Backstreet Boys’ “I Want It That Way”. Shareholders in Round Hill Music will get $1.15 in cash per scheme share, representing a premium …

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Massachusetts top court allows electric shock therapy for disabled patients

8 Sep 2023

By Brendan Pierson (Reuters) – A Massachusetts institution for the developmentally disabled can continue to use controversial electric shock devices to address aggressive or self-harming behavior in residents, the state’s highest court ruled Thursday, though it left the door open to future challenges. In a unanimous ruling Thursday, the Supreme Judicial Court of Massachusetts upheld …

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Category 4 Hurricane Lee ‘rapidly strengthening’ across Caribbean

8 Sep 2023

(Reuters) – Hurricane Lee has intensified to a Category 4 storm and is “rapidly strengthening” as it churns through the Caribbean on Thursday, the U.S. National Hurricane Center reported. In Puerto Rico and the U.S. Virgin Islands, the Federal Emergency Management Agency (FEMA) has pre-deployed assets and is coordinating with local officials ahead of the …

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Former Trump adviser Navarro convicted of contempt of Congress

8 Sep 2023

By Andrew Goudsward and Sarah N. Lynch WASHINGTON (Reuters) – Former U.S. President Donald Trump’s trade adviser Peter Navarro was found guilty on Thursday of contempt of Congress for defying a subpoena from the House of Representatives committee that investigated the 2021 attack on the Capitol. A 12-member jury convicted Navarro on two counts of contempt …

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‘That 70’s Show’ actor Masterson sentenced to 30 years to life in prison for rapes

8 Sep 2023

By Rollo Ross LOS ANGELES (Reuters) -“That ’70s Show” actor Danny Masterson was sentenced to 30 years to life in prison for raping two women who on Thursday said that the Church of Scientology sought to protect the actor and intimidate them into silence. The 47-year-old actor and prominent Scientologist, who starred in the retro …

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Court grants temporary stay allowing Texas to keep Rio Grande barriers in place

8 Sep 2023

By Ted Hesson and Kanishka Singh WASHINGTON (Reuters) – A U.S. Appeals Court on Thursday granted a temporary stay allowing Texas to keep in place floating buoys installed in the middle of the Rio Grande to block migrants from illegally crossing the U.S.-Mexico border as court proceedings move forward, a court filing showed. A U.S. …

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Imbue raises $200 million at over $1 billion valuation in AI funding boost

7 Sep 2023

(Reuters) – AI research lab Imbue has raised $200 million in a Series B funding round, which included participation from Astera Institute and Nvidia, at a valuation of over $1 billion, the company said in a blog post on Thursday. Companies across the world, from banks to big tech, have doubled down on investments in …

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US Vice President Harris dismisses Biden age concerns, but ready to be president

7 Sep 2023

WASHINGTON (Reuters) – U.S. Vice President Kamala Harris dismissed questions about President Joe Biden’s age on Friday, telling a television interviewer she is prepared to be commander in chief, but that it won’t be necessary. “Joe Biden is going to be just fine,” Harris said, when asked about concerns that Biden is too old to …

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