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Headline News Summaries, World News, and Breaking News Newser Current news summaries and breaking stories about politics, business, health, sports, technology, and entertainment. | Newser
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News
Supercar Tourists Jam London Streets, Ignore Parking Tickets
1+ week, 5+ day ago (277+ words) London's wealthiest streets are wrestling with a summer import they can't seem to ticket into line: supercars from the Gulf that park wherever they like, then jet home... Supercar Tourists Jam London Streets, Ignore Parking Tickets London's wealthiest streets are…...
Michael Burry: This Feels a Lot Like the 1987 Crash
1+ mon, 1+ week ago (264+ words) Michael Burry thinks the party on Wall Street may be nearing an ugly end. As Quartz reports, the investor made famous by The Big Short is warning that the S&P 500's... Michael Burry: This Feels a Lot Like the 1987 Crash…...
How a carjacking in Connecticut led back to a man known as the crypto ‘Godfather’ in California
3+ mon, 1+ week ago (915+ words) On a leafy Connecticut road in the summer of 2024, would-be kidnappers pulled a couple from their Lamborghini SUV, beat them in broad daylight and threw them into a van, only to be arrested shortly thereafter as multiple witnesses, including a…...
Famed Short Seller Found Guilty of Fraud
3+ mon, 1+ week ago (510+ words) Newser Famed Short Seller Found Guilty of Fraud A federal grand jury in California has convicted short seller Andrew Left of securities fraud. Left, who was a securities analyst, trader, and guest commentator on television channels including CNBC and Fox…...
Mango Heir Steps Down, Denies Killing Founder Father
3+ mon, 2+ week ago (718+ words) The executive vice president of Spanish fast-fashion company Mango says he didn't kill his father, but he's decided to temporarily step aside while he fights the allegations.... Mango Heir Steps Down, Denies Killing Founder Father The executive vice president of…...
Japan's 'God of Retail' Dies
3+ mon, 2+ week ago (436+ words) Toshifumi Suzuki, the Japanese businessman credited with creating the 7-Eleven convenience-chain global retail empire, has died. He was 93. Suzuki, an honorary adviser at Seven... Japan's 'God of Retail' Dies Toshifumi Suzuki, the Japanese businessman credited with creating the 7-Eleven convenience-chain…...
Gates Foundation Launched Review Into Epstein Ties
4+ mon, 3+ week ago (511+ words) One of the world's largest charitable foundations is shrinking its payroll and scrutinizing its past. The Gates Foundation plans to eliminate up to 500 jobs—about a... Gates Foundation Launched Review Into Epstein Ties One of the world's largest charitable foundations is…...
Luxury Watch Dealer Now Faces Ponzi-Like Accusations
4+ mon, 3+ week ago (406+ words) He was once a self-made giant in the world of luxury watches. Today, Singapore's Dominic Khoo is bankrupt and under investigation for fraud. In a New York Times investigation,... Luxury Watch Dealer Now Faces Ponzi-Like Accusations The 48-year-old faces at…...
Evergrande Founder Pleads Guilty to Fraud
4+ mon, 4+ week ago (681+ words) A onetime symbol of China's property boom is now at the center of its bust. Hui Ka Yan, the billionaire founder of China Evergrande Group, has pleaded guilty to multiple financial... Evergrande Founder Pleads Guilty to Fraud A onetime symbol…...
After Strange Candy Heist, a 'Master Class' in PR
5+ mon, 1+ week ago (678+ words) It was, as Forbes notes, one of the most unusual cargo thefts in recent European memory. The reference is to the disappearance of 12 metric tons of KitKat bars en route... After Strange Candy Heist, a 'Master Class' in PR It…...