A trucking company owner has been sentenced to 23 years in prison for a $54M ponzi scheme that swindled 2,000 investors. 45-year-old Sanjay Singh, owner of Royal Bengal Logistics, was sentenced to 23 years on Friday, May 30th in Fort Lauderdale, Florida court. According to Miami Herald, Singh promised ownership in ...more
Elon Musk Tells Investors He’ll Pause on Tesla Stock Sales
Tesla CEO Elon Musk says he won’t sell any more shares in Tesla for 18 months or more, likely an ...more
House Passes $1.7 Trillion Spending Bill to Avert Shutdown
WASHINGTON — A $1.7 trillion spending bill financing federal agencies through September and providing more aid to a devastated Ukraine ...more
GM’s Cruise Expands Robotaxi Service Despite Federal Safety Probe
General Motors Co.’s Cruise unit started offering rides with its self-driving taxi business in two more cities, expanding beyond San ...more
Hong Kong Airport’s Robobus Offers Glimpse of Driverless Future
Hong Kong International Airport says it’s ready to use driverless buses, confident it can shuttle passengers around the aerodrome from ...more
GDP Grew 3.2% in Q3, an Upgrade From Earlier Estimate
WASHINGTON — Shrugging off rampant inflation and rising interest rates, the U.S. economy grew at an unexpectedly strong 3.2% annual ...more
Amazon Builds Last-Mile Shipping Facility in Montana
Amazon.com Inc. is creating its first big foothold in Montana with a last-mile shipping delivery facility for the entire state, ...more