Ukraine war briefing: Pentagon accounting error creates path for billions more to be sent to Kyiv | Ukraine
The Pentagon found an additional $2 billion worth of errors in accounting for ammunition, missiles and other equipment sent to Ukraine.A U.S. government report revealed Thursday that the total amount of improperly valued supplies was $8.2 billion. The Pentagon said officials used “replacement value” instead of “depreciated value” when tallying up billions of dollars of […]
Amazon bleeding billions of dollars from Alexa speakers: report
Amazon’s Echo smart speaker, which features the virtual personal assistant Alexa, has reportedly cost the company billions of dollars in losses despite strong sales and popularity around the world. CEO Andy Jassy, who took over the helm of the Settle-based e-commerce giant in 2021 following the departure of billionaire founder Jeff Bezos, is looking to […]
Student Test Scores Continue To Plummet Despite Hundreds Of Billions In Pandemic Aid For Education
Four years after schools moved to online classes due to the COVID-19 pandemic, student test scores continue to decline, according to a study released Tuesday by testing company Northwest Evaluation Association (NWEA). of paper The achievement gap between current and pre-pandemic students has widened despite a record $190 billion in federal aid paid to schools […]
One Of Biden’s Favorite Green Industries To Miss 2030 Target By Years Despite Billions In Subsidies, Report Finds
Offshore wind is likely to miss the Biden administration’s industry targets for 2030 despite billions of dollars in subsidies, according to a report from the American Clean Power Council (ACP) on Tuesday. The government, goal The offshore wind industry has set a goal of delivering 30 gigawatts (GW) of electricity by 2030, but ACP report […]
Biden admin whistleblowers claim ‘billions of taxpayer dollars’ used by contractor to traffic children on border
The Biden administration’s Office of Refugee Resettlement failed to vet sponsors responsible for caring for unaccompanied children apprehended across the border, a whistleblower told senators on Tuesday, describing multiple cases of apparent human trafficking involving minors and their sponsors. “What I discovered was horrifying: children were being trafficked at the expense of billions of taxpayer […]
Scammers get away with billions from elderly Americans every year
The cheaters are winning. Sophisticated foreign criminals steal tens of billions of dollars from Americans every year, and this crime wave is predicted to get worse as the U.S. population ages and technology like AI makes it easier than ever to commit and get away with fraud. An “exponential” increase in Internet and telephone scams […]
New report highlights ‘booming’ transgender surgery industry that is raking in billions: ‘Damage being done’
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Solar company found to have ‘reaped billions’ from top Biden law leads to outcry: ‘Appeasing the rich’
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Meta charged with violating Europe’s landmark tech competition law, faces billions in fines
Meta was accused on Monday of violating Europe’s sweeping technology competition law by forcing a restrictive “pay or consent” model on customers for advertising on Instagram and Facebook, intensifying a long-running dispute over user privacy. Billionaire Mark Zuckerberg’s company drew the ire of regulators last year when it launched a subscription service that gave users […]
EXCLUSIVE: Ex-Biden Admin Official Hit With Ethics Complaint After Allegedly Funneling Billions To His Current Org
A government watchdog filed an ethics complaint Thursday against a former Biden administration official who sits on the board of an organization that received billions in taxpayer cash. Protect the Public’s Trust asked the U.S. Office of Government Ethics and the Environmental Protection Agency’s (EPA) inspector general’s office to investigate long-time Democratic insider David Hayes […]