New York state’s top financial regulator struck a $40 million settlement Thursday with Block Inc., the parent of Cash App, the popular money transmission service, after having found the company had “serious compliance deficiencies” related to its anti-money laundering program and transaction monitoring processes. The deficiencies at Block, some involving cryptocurrencies,…
Global markets took a beating this week as investors and world leaders reacted to sweeping tariffs announced by the Trump administration on April 2, with tensions between the US and China escalating. After last week’s losses, this week started with a brief but sizable 8.5 percent surge on Monday (April…
As civil war-torn Myanmar struggles to recover from a devastating earthquake, the United States is facing criticism that it has abandoned the country in its hour of need – and is ceding global leadership on disaster response to its rivals. The 7.7-magnitude quake, which struck on March 28 and killed…
An Italian scientist has been found dead in Colombia, according to local authorities, after several pieces of a human body were discovered lying on a path in the coastal city of Santa Marta on Sunday. City police said their investigation showed that a bracelet found on the remains belonged to…
Prince Harry met with war victims on Thursday in an unannounced visit to Ukraine as part of his ongoing work with wounded veterans, a spokesperson said. Harry visited the Superhumans Center, an orthopedic clinic in Lviv that treats and rehabilitates wounded military personnel and civilians, to see top-notch services provided…
When discussions began over releasing Israeli hostages shortly after the October 7 attack by Hamas, the negotiators tasked to strike a deal were mostly intelligence and security professionals. But in February, Israel made an important change that those now involved say has had a profound slowing effect on the discussions…
Israel has released a Palestinian man who was controversially arrested at the age of 13, after he spent nearly a decade in jail. “Ahmad has completed his 10-year sentence and he is a free person now,” Zabarqa said. “The Israeli authorities have imposed restriction on the family as far as…
Taiwan prosecutors on Friday for the first time charged a Chinese ship captain with intentionally damaging undersea cables off the island in February, after a rise in sea cable malfunctions alarmed Taiwan officials amid tensions with China. Prosecutors say the man was captain of the Chinese-crewed Hong Tai 58, registered…
A major Australian IVF clinic has apologized for giving the wrong embryo to a woman who then gave birth to another couple’s baby, blaming the mix-up on “human error.” Monash IVF, which operates more than 100 clinics across Australia, said in a statement staff were “devastated” by the mistake, believed…
Japan’s largest yakuza crime syndicate has pledged to end its longstanding war with a rival faction and refrain from causing “trouble,” authorities said, as the mafia-like groups contend with falling membership and increased police crackdowns. The Yamaguchi-gumi, one of the world’s largest and wealthiest crime gangs, has been embroiled in…