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Baltimore County Police Department For about a year, a Baltimore woman allegedly drove a car with a gruesome secret: the dead body of her 7-year-old niece stashed in a suitcase in the trunk. Then in May she allegedly cracked the trunk’s lid to dump the body of her 5-year-old nephew beside it. It wasn’t until months later that police discovered the decomposing bodies of siblings Joshlyn Marie James Johnson and Larry Darnell O’Neal. Baltimore County Police said in a statement Thursday night… Source link

Western regulators and the crypto industry have had a sometimes-adversarial relationship, with Senator Elizabeth Warren this week calling on Treasury Secretary Janet Yellen to impose new rules for the sector.  That perspective could risk the U.S. and other nations falling behind China, which has taken a more “holistic” approach, says Mohamed El-Erian, president of Queens’ College at Cambridge University and Allianz Chief Economic Adviser. “China is not waiting,” El-Erian told Yahoo Finance… Source link

Tesla (TSLA) CEO Elon Musk denied reports Friday that he demanded to be Apple (AAPL) CEO during a 2016 phone call in which Apple’s Tim Cook discussed buying the electric vehicle maker. Musk also took a separate swipe at Apple’s App Store fee on Friday, tweeting that it’s a “global tax on the internet.” The tweets from Musk were apparently prompted by a new book from The Wall Street Journal’s Tim Higgins, called “Power Play: Tesla, Elon Musk and the Bet of the Century.” That… Source link

Larry Page, left, and Sergey Brin, co-founders of Google Inc. JB Reed | Bloomberg | Getty Images Google founders and controlling Alphabet stakeholders Larry Page and Sergey Brin have sold more than $1 billion worth of stock combined since May of this year. Beginning in May, the two sold Class A and Class C shares worth more than $1.07 billion, according to filings with the Securities and Exchange Commission compiled by OpenInsider. Brin’s sales total more than $610 million, while Page’s sales… Source link

WASHINGTON (AP) — The Justice Department, in a reversal, says the Treasury Department must provide the House Ways and Means Committee former President Donald Trump’s tax returns, apparently ending a long legal showdown over the records.  In a memo dated Friday, Justice’s Office of Legal Counsel said the committee chairman “has invoked sufficient reasons for requesting the former President’s tax information” and that under federal law, “Treasury must furnish the information to… Source link

The growing spread of the COVID-19 Delta variant is creating an increasingly stark choice that could make the difference between more reopenings — or a return to restrictions that decimated the world’s economy, a World Health Organization expert suggested on Friday. Amid the leak of internal documents from the U.S. Centers for Disease Control and Prevention (CDC), comparing the transmissibility of Delta variant to that of chickenpox, new discoveries are sparking furious debate about how… Source link

One early bitcoin (BTC-USD) investor has crunched the numbers on the crypto, and thinks it’s looking mighty undervalued at the moment.  “We did a study showing the number of people using bitcoin over the years and price of bitcoin. Both of those data series went up by an order of magnitude every two years. If that kept going, that would put bitcoin at $700,000 when everybody with a smartphone uses it. Ten years time is a reasonable forecast,” Pantera Capital founder Dan Morehead said on Source link

The sweeping federal antitrust case against Google has given rise to a significant fight over data held by Microsoft, and the company is now facing a subpoena for millions of documents that could shed light on its attempts to compete with Google’s search engine. Having initially cooperated with prosecutors in building an antitrust case against Google, Microsoft could be obligated to produce millions more documents at the request of Google’s defense team. At a status hearing on Friday… Source link

There was one relatively abnormal metric in Restaurant Brands’ (QSR) second quarter earnings release on Friday — a 2.5% same-store sales decline at Popeyes U.S. The result marked a continued U.S. sales slowdown for arguably the creator of the current fast-food chicken sandwich craze. From the fourth quarter of 2019 (when the Popeyes chicken sandwich insanity kicked off) through the third quarter of 2020, Popeyes U.S. saw same-store sales gains of 34% to 17.4%. But the sales trajectory has… Source link

(For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window.)    * Amazon falls as sales growth slows    * Pinterest sinks on saying U.S. user growth stalling    * U.S. consumer spending rises in June, inflation increases    * Indexes off: S&P 0.35%, Nasdaq 0.71%, Dow 0.08% (Updates to open)    By Sagarika Jaisinghani    July 30 (Reuters) – The Nasdaq and S&P 500 indexes fell on Friday following a glum quarterly earnings report from… Source link