Politics

Better.com misled investors before SPAC deal stalled, ex-executive says

A former Better.com senior executive has alleged in a lawsuit that the online mortgage lender misled investors in financial documents and other statements it made as it tried to go public. Sarah Pierce, former executive vice president of sales and operations at Better.com, alleged in the lawsuit that chief executive Vishal Garg and company misrepresented …

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The United States creates 390,000 jobs in May and shows that the economy is still at cruising speed

Numbers: The United States added 390,000 stronger-than-expected new jobs in May, signaling that the job market and the economy in general are still strong despite some fraying around the edges. Economists polled by The Wall Street Journal had forecast a smaller increase of 328,000 new jobs after reports leading to the government jobs survey hinted …

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DOJ declines charges against ex-FBI agents who botched Nassar case for third time

In a statement released Thursday, the department said the latest decision to deny the officers charges came “after multiple reviews and analyzes of the evidence gathered in the investigation of the former officers, and reflects the recommendation of experienced prosecutors”. A Ministry of Justice inspector general’s report found gross failures by the FBI to properly …

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Elon Musk Called ESG a Scam – Did Tesla Chief Do Investors a Favour?

Investing typically uses a combination of head, heart, and gut, even though it’s not supposed to. And perhaps no market theme evokes “all the emotions” like ESG. This week, a major decision to remove Tesla from a closely tracked environmental, social and governance (ESG) index drew anger and relief in almost equal measure. Defiance was …

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CNN Premiere: DOE Announces Multi-Billion Dollar Project to Launch a Carbon Dioxide Removal Industry in the United States

Direct Air Carbon Removal Projects Are Like Giant Vacuum Cleaners Sucking Up Global Warming carbon dioxide out of the air and lock it up. They use chemicals to remove the gas from the air and store it in rocks deep underground or use it in materials like concrete. Nature can do this on its own …

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