‘Worst Case Scenario’: Biden Avoids Total Collapse In Gaffe-Heavy Presser
President Joe Biden managed to ease some concerns about his political future, though he also committed crucial gaffes, during a choreographed press conference Thursday night. For weeks, Democrats have been calling for the president to drop out of the presidential race. Two weeks after taking the debate stage against former President Donald Trump, Biden took […]
Archegos founder Bill Hwang convicted at criminal trial over $36B fund’s collapse
Archegos Capital Management founder Sung-Kook “Bill” Hwang was convicted by a jury in a criminal trial in Manhattan federal court on Wednesday after prosecutors accused him of manipulating markets ahead of the 2021 collapse of his $36 billion private investment firm. Jurors began deliberations Tuesday morning, a day after closing arguments in the trial of […]
“Great day until it wasn’t:” Rory McIlroy opens up on U.S. Open collapse for first time
Rory McIlroy spoke for the first time since suffering a demoralizing defeat on the second hole at Pinehurst last month. Ahead of this week’s Genesis Scottish Open, the tournament he won in dramatic style a year ago, McIlroy called the final round of this year’s U.S. Open “a great day until it wasn’t.” McIlroy was […]
Life after the Ann Street garage collapse
Suzanne Cohen had just returned from a family vacation in England and was still unpacking her bags when she heard a loud thunderous noise. Then, a shrill siren blared. She ran down the stairs. “It seemed like every cop and fire engine in New York was there,” she told the Post. They crowded the narrow […]
Archegos collapse driven by Bill Hwang’s ‘lies and manipulation’: prosecutor
The 2021 collapse of Song Kook “Bill” Hwang’s Archegos Capital Management was driven by “lies and manipulation,” federal prosecutors said Monday in a criminal trial over the collapse of a private investment fund worth a combined $36 billion. Jurors heard closing arguments from the prosecution and defense in Manhattan federal court in the trial of […]
LA county axes leadership in juvenile detention system over rampant violence, officer morale collapse
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