Shares of Luckin Coffee, fall on an unconfirmed report from a short seller at Muddy Waters Research that the brand was fabricating its financial and operating figures. Yahoo Finance’s Julie Hyman breaks it down on On The Move.
A former owner of a Massachusetts compounding pharmacy whose mold-tainted drugs sparked a deadly U.S. fungal meningitis outbreak in 2012 was sentenced on Friday to at least 10 years in prison for his role in the deaths of 11 Michigan residents. Barry Cadden, the former president of New England Compounding Center (NECC), was sentenced by Judge Matthew McGivney in Howell, Michigan, after pleading no contest in March to involuntary manslaughter charges related to the 11 deaths. The 10- to 15-year sentence will run concurrently with an already-imposed 14-1/2 year federal prison term that Cadden, 57, is serving after he was convicted in 2017 on racketeering and fraud charges related to misrepresentations he made to NECC customers about its drugs.
A federal judge ordered the Florida man charged with his estranged wife's disappearance in Spain held without bond on Friday, rejecting his lawyer's argument that the prosecution case is entirely circumstantial and shouldn't be tried in the United States. Magistrate Judge Edwin Torres said the decision to hold David Knezevich until trial was “a close call,” but he said the Fort Lauderdale business owner's wealth and close ties to his native Serbia make him a potential flight risk even if he was required to post a $1 million bond, wear an ankle bracelet and surrender his passport. Knezevich and his wife are both naturalized U.S. citizens — she is from Colombia.
The $5 meal could include a choice of a McChicken, a McDouble or four-piece chicken nuggets along with fries and a drink.
Some of winter’s effects have been tied to cultural norms and practices, while others likely reflect our bodies’ innate biological responses to shorter days and colder weather.
The former Peruvian strongman appeared frail as he left prison. But his influence on politics remains strong.
The Biden administration plans to impose major new tariffs on electric vehicles, semiconductors, solar equipment and medical supplies imported from China, according to a U.S. official and another person familiar with the plan. Tariffs on electric vehicles, in particular, could quadruple — from the existing 25% to 100%.
Due to bankruptcies and other problems, retailers plan to close almost 3,200 stores this year, up 24% from a year ago.
The death toll in the bombings of two camps for displaced people in eastern Congo last week rose to at least 35 Friday, with an additional two in very critical condition, a local official told The Associated Press. The Congolese army and a rebel group known as M23 have blamed each other for the bombings at the Mugunga and Lac Vert displacement camps in eastern Congo. The U.S. State Department accused M23 and the army of neighboring Rwanda.
The independent office that reviews allegations against House members found probable cause that Rep. Troy Nehls of Texas converted campaign funds to personal use, triggering an investigation by the House Ethics Committee, a new disclosure revealed Friday. The recommendation and the full report from the Office of Congressional Ethics were both released Friday, as required under the law. The leaders of the House Ethics Committee emphasized that the disclosure does not itself mean that a violation has occurred and stressed that the investigation into Nehls is ongoing.
Last fall, Gen. Eric Smith, 58, a U.S.
A highly anticipated trial involving a woman accused of striking her Boston police officer boyfriend with her SUV and leaving him for dead in a snowbank outside a home entered its ninth day on Friday in Massachusetts. John O’Keefe died in the Boston suburb of Canton on Jan. 29, 2022. The case has garnered national attention because the defense alleges that state and local law enforcement officials framed girlfriend Karen Read and allowed the real killer to go free.
North Korean leader Kim Jong Un on Friday inspected the country's artillery weapon system and attended the test-firing of such weapons, the North's state media KCNA news agency reported on Saturday. The KCNA report said Kim learned about the technically updated version of the 240 mm multiple rocket launcher system and watched the test-fire of controllable shells for multiple rocket launchers produced at different national defence industrial enterprises. "The updated multiple rocket launcher with high mobility and concentration of fire has an automatic fire combined control system and will be deployed to units of the Korean People's Army as replacement equipment from 2024 to 2026," KCNA said, adding such "a significant change" will soon be made in increasing the artillery combat ability of the North's army.
Most of the Klan’s victims were African American, but many other groups have been targeted during the hate group’s century and a half of history.
A statue of the late Rev. Billy Graham set to stand inside the U.S. Capitol to represent North Carolina will be unveiled next week in a ceremony. House Speaker Mike Johnson, other congressional members and the family of the Charlotte-born evangelist are expected to attend unveiling of the 7-foot (2.1-meter) tall bronze statue on Thursday in the National Statuary Hall, the Billy Graham Evangelistic Association said in a news release. The North Carolina General Assembly approved legislation in 2015 asking a congressional committee to eventually approve a likeness of Graham for display in the hall.
Participants in Mali's national dialogue on Friday recommended extending the military-led transition to democracy by three years and allowing junta leader Assimi Goita to stand in the eventual election. The West African country has been under military rule since a coup in 2020, and tensions have risen over the junta's failure to stick to a promised timeline for the return to constitutional rule. Months-long nationwide consultations, which were boycotted by many of the opposition, culminated on Friday with a host of recommendations including the extension of the transition to five years from two, effectively prolonging the junta's rule to 2027.
The lawyer for the New Jersey man charged with stabbing author Salman Rushdie is in talks with county and federal prosecutors to try to resolve existing charges of attempted murder without a trial — as well as potential terrorism-related charges that could still be coming, he said Friday. Hadi Matar, 26, has been held without bail since his 2022 arrest, immediately after allegedly attacking the internationally acclaimed writer in front of a stunned audience he was about to address at the Chautauqua Institution in western New York. Rushdie was blinded in one eye, and moderator Henry Reese also was wounded.
The toll from deadly flash flooding that ripped through northern Afghanistan on Friday rose to 62 people, mainly women and children, an official said, in a country highly vulnerable to climate change. Afghanistan -- which had a relatively dry winter, making it more difficult for the soil to absorb rainfall -- is highly vulnerable to climate change.
Divestment from Israel may violate state laws – at least for public institutions. Private universities with large endowments may face other obstacles.
Being a parent still feels surreal for Matt and Keith Galantowicz, who will soon be adopting 5 siblings who grew up in foster care.
Wall Street stocks largely shrugged off lackluster US consumer data on Friday, concluding a winning week mostly higher amid increased hopes of an easing in monetary policy.With Wall Street performing strongly Thursday, Asian investors pushed regional stocks higher ahead of the weekend.
generic