Maryland gaming industry delivers $1.589 billion to state programs in fiscal year 2025
Baltimore, MD – The Maryland Lottery, casinos, sportsbooks, and daily fantasy sports operators contributed a combined $1.589 billion to state programs and services during Fiscal Year 2025, according to new figures released…
Toyota To Build Billion Dollar Battery Plant In North Carolina Creating Almost 2,000 Jobs
Toyota announced plans on Monday to build a multi-billion dollar battery factory in North Carolina that is reported to create almost 2,000 jobs. Toyota’s $1.29 billion battery plant, located near Greensboro, North…
Tesla’s ‘Gigafactory’ In Texas Will Cost Over $1 Billion
Tesla’s new vehicle factory in Austin, Texas, is racking up a considerable price tag. The facility, which Tesla calls the “Gigafactory,” is estimated to cost roughly $1.06 billion, with much of the factory…
Tech Giant To Invest $17 Billion In Texas Chip Project
Tech giant Samsung is poised to announce a $17 billion investment in a semiconductor manufacturing plant located in Taylor, Texas. The facility is estimated to create 1,800 jobs and will begin producing…
Second DC Solar Defendant Sentenced to 3 Years in Prison for Billion Dollar Ponzi Scheme
SACRAMENTO, Calif. — Joseph W. Bayliss, 46, of Martinez, was sentenced today to three years in prison and ordered to pay $481.3 million in restitution for participating in a billion-dollar Ponzi scheme…
New Jersey lawmakers baffled after Murphy sends $1 billion in federal aid to New York
Senator Steven Oroho (R-24) and Senator Declan O’Scanlon (R-13) questioned why the Murphy administration would agree to give New York $1 billion of federal transportation aid that should have gone to New…
Elon Musk Dumps $5 Billion In Tesla Stock
Tesla chief executive Elon Musk sold about $5 billion worth of shares in the electric car company this week, days after polling Twitter users on whether he should liquidate some of his…
Google Loses Antitrust Legal Battle, $2.8 Billion Fine Upheld
The European Union (EU) General Court upheld a ruling Wednesday that Google violated EU antitrust law by preferencing its own shopping service in search results. The European Commission, the EU’s top regulator, ruled in…
DC Solar Owner Sentenced to 30 Years in Prison for Billion Dollar Ponzi Scheme
SACRAMENTO, Calif. — An owner of DC Solar, a Benicia-based company, was sentenced today for a billion-dollar Ponzi scheme— the biggest criminal fraud scheme in the history of the Eastern District of…
Facebook To Shut Down Facial Recognition System, Delete Scans Of 1 Billion People
Facebook announced Tuesday it was shutting down its Face Recognition system and deleting the scans of over one billion people’s faces. Jerome Pesenti, vice president of artificial intelligence at Facebook, announced the…
Harvard’s Endowment Ballooned By $11 Billion As It Fought Off Student Class-Action Lawsuit Over Tuition Costs
Harvard University announced Thursday that its endowment grew by $11.3 billion to a record $53.2 billion during the fiscal year ending in June, a year-over-year increase of 33.6%. The announcement comes after…
Attorney General James to Deliver Up to $1.5 Billion to Local Communities Throughout NYS to Combat Opioid Crisis
NEW YORK – New York Attorney General Letitia James today began her statewide ‘HealNY’ tour of New York state, where she will begin delivering the first of up to $1.5 billion to…
Democrats’ Budget Bill Includes $8 Billion A Year For Illegal Immigrant Parents
Democrats’ stalled budget bill includes $8 billion a year for 10 years for illegal immigrant parents, the Center for Immigration Studies announced on Tuesday. The bill would replace a program that requires…
Google Begins Appeal Of $5 Billion Fine, Disputes Allegations It’s A Monopoly
Google began its appeal Monday of a $5 billion fine levied by a European regulator over alleged market abuses. The European Commission slapped the tech giant with the fine in 2018 for…
Attorney General James Secures Nearly Half a Billion Dollars to Resolve Illegal Stock and Cryptocurrency Sales
GTV Media Group and Saraca Media Group Unlawfully Sold Stocks and Digital Instruments Without Registering in New York NEW YORK – New York Attorney General Letitia James today announced she has secured…
Attorney General James Helps Secure $4.5 Billion From Sackler Family for Role in Fueling Opioid Crisis
NEW YORK – New York Attorney General Letitia James today announced that she has secured more than $4.5 billion from the Sackler family and foundations that they control for their role in…