DC staring at $4.4 million penalty for errors in paying out SNAP benefits
The federal government is fining Washington, D.C., $4.4 million due to what it considers a higher-than-acceptable error rate in its payments to recipients of food assistance programs. It is the second year in a row that district officials have exceeded the error rate in processing benefits in the Supplemental Nutrition Assistance Program. The Department of […]
Alzheimer’s Researcher Indicted for $16 Million NIH Funding Fraud
A federal grand jury has reportedly indicted Hoau-Yan Wang, 67, a professor of medicine at the City University of New York, on charges of falsifying data to fraudulently obtain $16 million in federal research funding from the National Institutes of Health (NIH) for the development of a controversial Alzheimer’s disease drug and diagnostic test. Ars […]
Donovan Mitchell Cashes In With 3-Year, $150.3 Million Contract Extension With Cleveland Cavaliers: REPORT
$50 million a year! Must be nice! Donovan Mitchell — the All-Star guard of the Cleveland Cavaliers — has signed a three-year, $150.3 million maximum contract extension featuring a player option that will come into play in the 2027-28 campaign, sources told ESPN. (RELATED: Jayson Tatum Signs The Largest Contract In NBA History After Delivering […]
Joe Biden Gives $504 Million to Tech Investment Hubs Across United States
President Joe Biden’s administration will reportedly provide $504 million in funding to 12 tech hubs to expand research in AI, semiconductor manufacturing and clean energy. The funding will go to tech hubs in New York, Florida, South Carolina and the battleground state of Nevada. report From Bloomberg. Researchers in Florida focusing on sustainable and climate-resilient […]
DOE releases 1 million barrels from Northeast Reserve in attempt to bring down gas prices
One million barrels of gasoline have been released from the Northeast Gasoline Supply Reserve in an effort to lower gas prices, the Department of Energy announced Tuesday. According to the DOE, the barrels will be sold at an average price of $2.34 per gallon — days before the July 4 holiday, when more than 60 […]
German Government Moves Another $17 Million Worth of Bitcoin to Exchanges – Decrypt
The German government stepped up the sale of its Bitcoin holdings on Tuesday, transferring a total of 282.74 BTC, worth roughly $17.64 million, to major cryptocurrency exchanges Bitstamp, Coinbase, and Kraken. of transaction It happened at 4:20pm Indonesian central time. This is in line with a broader trend of divestment by the German government, with […]
Robert Kraft Donates $1 Million To Yeshiva University After Cutting Support For Columbia University
After cutting ties with Columbia University, Robert Kraft donated $1 million to Yeshiva University, Fox News reported. The owner of the New England Patriots has made a donation to help transfer Jewish students seeking the high-quality educational environment and supportive community that a yeshiva offers. according to He told Fox News that the donation was […]
Derrick White Signs Mammoth $125.9 Million Contract With Boston Celtics: REPORT
Cha-ching! Derrick White, a guard for the Celtics, has signed a four-year contract extension with Boston worth a massive $125.9 million, according to a report Monday from ESPN’s Adrian Wojnarowski. The deal will feature a player option. (RELATED: Jayson Tatum Signs The Largest Contract In NBA History After Delivering Championship To Boston Celtics: REPORT) Back […]
Revolut CEO confident on UK bank license approval as fintech firm hits record $545 million profit – CNBC
Nikolai Storonsky, founder and CEO of Revolut. Harry Murphy | Web Summit Sports Files via Getty Images LONDON — The chief executive of British financial technology giant Revolut told CNBC he is optimistic the company will be able to get a banking license in the U.K. after the company reported its highest-ever full-year pre-tax profit […]
Celtics give Derrick White $125.9 million contract extension
The reigning champions have maintained one of their team’s foundations for the long term. Just two weeks after winning their 18th NBA title, the Boston Celtics have reportedly given guard Derrick White a maximum four-year, $125.9 million contract extension. ESPN’s Adrian Wojnarowski. An NBA source noted that securing White long-term was a “big offseason priority” […]