Author: Press Room

The European Union police agency Europol said Friday that Spanish police have dismantled an organized crime group believed to have been running Europe’s biggest “narco-bank,” used to launder proceeds from international drug trafficking.Europol said the group, composed mainly of Syrians, operated out of a restaurant in an industrial park in the central Spanish town of Fuenlabrada. There, customers could deposit or collect bulk cash and have their earnings laundered by the internationally structured financial network, Europol said.Europol said the group provided financial services to crime gangs linked to drug trafficking in more than twenty countries across the world. Spanish police…

A new independent poll suggests the race for governor in New York is tightening — with Democratic incumbent Kathy Hochul holding a narrow 6 point lead over her Republican challenger Rep. Lee Zeldin. The survey, conducted by Schoen Cooperman Research, shows Hochul with 50% support from likely voters to 44% for Zeldin, the Long Island congressman. “It’s a very competitive race,” said Schoen, who has served as a pollster for former President Bill Clinton and ex-three term Mayor Mike Bloomberg. The remaining 6 percent of voters are still undecided ahead of the Nov. 8 election, with early voting beginning on Oct. 29.…

Delta Airlines passenger jets are pictured outside the newly completed 1.3 million-square foot $4 billion Delta Airlines Terminal C at LaGuardia Airport in New York, June 1, 2022.Mike Segar | ReutersCheck out the companies making headlines in midday trading Friday.Albertsons — Shares of the Safeway owner dropped 7% on news that Kroger has agreed to purchase Albertsons in a deal valued at $24.6 billion, or $34.10 a share. Kroger’s shares slipped 4.8%.JPMorgan Chase — The bank gained 2.8% after topping estimates for the recent quarter. JPMorgan Chase said net interest income surged 34% to $17.6 billion in the period due…

FIRST ON FOX: House Republican Conference chairwoman Elise Stefanik of New York called on Department of Homeland Security (DHS) Secretary Alejandro Mayorkas to resign amid new revelations in the agency’s “whipping” scandal.Stefanik hopped on a video interview with Fox News Digital on Thursday, where she made the call for Mayorkas to step down as DHS secretary when asked whether he should resign amid the new information on the Border Patrol “whipping” allegations.A Tuesday Fox News report revealed Mayorkas knew that no Haitian migrants had been “whipped,” hours before the White House press conference where he did not dispute the whipping…

Venerable British actor Robbie Coltrane, best known as the dragon-loving half-giant Hagrid from the Harry Potter film franchise, died on Friday, his managers said.He was 72.A representative with the actor’s agency, William Morris Endeavor, confirmed his passing to NBC News.Robbie Coltrane as Hagrid in the “Harry Potter” series.Mary Evans / Warner Bros. Entertainment/Ronald Grant/Everett Collection“For me personally I shall remember him as an abidingly loyal client,” his agent Belinda Wright said in statement to the Press Association. “As well as being a wonderful actor, he was forensically intelligent, brilliantly witty and after 40 years of being proud to be called…

Disclaimer: The Industry Talk section features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com. In the world of cryptocurrency, investing in a project before the masses is perhaps the best way to earn a profit. While finding private crypto sales can be a great way to achieve this, locating the best crypto private sales is far easier said than done. Throughout this guide, we’ll be taking a look at eight of the best crypto private sales, discussing what a private crypto sale is, and explaining how they work. Let’s get started. The Top 8 Crypto…

Time could be running out to claim your inflation relief check from the state you live in.Several states have been sending out tax refund checks in the past few months — whether that’s inflation-relief legislation or as part of automatic tax surplus refunds mandated by state law.However, in some states, eligibility is contingent on filing a tax return by the deadline, Oct. 17.States with deadlines coming up in OctoberColoradoMost residents have already received a one-time tax rebate paid out as a mailed check totaling $750 for individual filers and $1,500 for joint filers.Coloradans who haven’t yet submitted a 2021 tax…

London CNN  —  Liz Truss has sacrificed her finance minister and closest political ally just weeks into her premiership in order to save her own skin.  On Friday morning, Britain’s Chancellor of the Exchequer, Kwasi Kwarteng, was summoned a day early back to London from the United Sates straight to Downing Street, where he was relieved of his duties.  The move came three weeks after Kwarteng announced a controversial mini-budget full of unfunded tax-cutting measures that sent financial markets into meltdown. At one point, the pound sank to its lowest level against the dollar in decades.  Markets have settled somewhat since, though only after major intervention from the Bank of England, leaked rumors that…

London CNN Business  —  After a bruising three-week battle with bond markets, UK Prime Minister Liz Truss admitted defeat on Friday. She fired her finance minister and gutted her economic program by promising to reinstate a big tax hike on corporations. Truss said she acted in the national interest to ensure economic stability and to “reassure the markets of our fiscal discipline.” But it remains unclear whether Truss has done enough to persuade skeptical investors, and Friday’s announcement did nothing to calm speculation about whether she can hold on to her job. The price of 30-year UK government debt, which…

Uniswap Labs, the company behind one of the world’s leading decentralized exchanges, has announced the company has raised some $165 million in Series B funding. The funding round was led by California-based Polychain Capital, with participation from longtime investors Andreessen Horowitz (a16z), Paradigm, SV Angel, and Variant.The latest development brings the company’s valuation to some $1.66 billion.“As Uniswap Labs focuses on products, a much broader ecosystem continues to grow and thrive beyond what any one company can do on their own,” Hayden Adams, the CEO, and founder of Uniswap Labs, said in a statement. “As an example, the governance community recently…