Author: Press Room

Goldman Sachs paid chief executive David Solomon $25mn for his work in 2022, down almost 30 per cent during a year in which the Wall Street bank reported a 50 per cent drop in profits, cut jobs and slashed employee bonuses. In a regulatory filing on Friday, Goldman disclosed that Solomon received a base salary of $2mn, and $23mn in variable compensation. Goldman said its compensation committee based its decision in part on “the firm’s 2022 performance, both on an absolute basis and relative to peer results, as well as in comparison to the record performance delivered in 2021”.The cut…

CNN  —  The Justice Department announced new arrests Friday in a plot to kill a New York-based journalist and human rights activist who is critical of the Iranian government. The three men charged, who are allegedly part of an Eastern European criminal organization with ties to Iran, are facing murder-for-hire and money laundering charges for plotting to kill journalist Masih Alinejad. All three of the defendants, Attorney General Merrick Garland said Friday, are currently in custody. “Today’s indictment exposes a dangerous menace to national security – a double threat posed by a vicious transnational crime group operating from what it…

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________Stablecoin newsCredit rating agency Moody’s plans to develop a scoring system for stablecoins, as the asset class grows and faces increased scrutiny from regulators and investors, Bloomberg reported. The scoring system will allegedly include up to 20 stablecoins, analyzing the quality of each reserve’s attestation, but it will not be an official credit rating.Legal newsThe US Federal Bureau of Investigation (FBI) Director Christopher Wray said that the international law enforcement groups have dismantled the Hive crypto ransomware group –…

The North Dakota House on Thursday overwhelmingly approved a bill that would make it a crime to perform drag shows and cabaret performances in the presence of children or in public places.The House voted 79-13 to advance the bill to the Senate when the chambers exchange passed legislation in March.A person who violates the law would be subjected to a misdemeanor, with a possible sentence of 360 days in prison and a $3,000 fine. Repeat offenders would face felony charges, punishable by up to five years in prison and a $10,000 fine.The bill’s passage was the first win in the…

An apparent shortage of pharmacists is forcing CVS and Walmart to reduce the hours of its pharmacies, as they close earlier in thousands of locations. Beginning in March, both retailers will either cut or shift the hours that their pharmacies operate in response to staffing shortages and waning consumer demand as the height of the Covid-19 pandemic recedes. The Wall Street Journal first reported the news. Walmart, which has pharmacies in most of its 4,600 US locations, will close them two hours earlier, at 7 pm. CVS will shift or cut hours at about 6,000 US pharmacies. For CVS, adjusting…

Bitcoin has surged 10% in the past seven days, which has spurred speculation that a new bull market is beginning. While predicting the price of Bitcoin can be difficult, there are several factors to consider regarding its future prospects. With increased adoption around the world and a commitment to innovation, Bitcoin could be on track for another bull run in the near future.Bitcoin Fear & Greed Index Enters the ‘Greed’ Zone After 10 Months: Here’s What You Need To KnowAfter over 2 months of hovering in the “fear” zone, the Bitcoin Fear and Greed index has now shifted to the “greed”…

For the second month in a row, consumers said they are feeling better about the economy. The University of Michigan’s closely watched consumer sentiment index measured 64.9 for January, according to data released Friday. That’s up slightly from the preliminary reading of 64.6 earlier this month and 9% higher than December’s final reading. But it’s still historically low: The index measured 101 in February 2020, and it had an average reading of 86 between that date and the first-ever reading in November 1952. A separate report released earlier on Friday showed that consumers cut back on their spending in December…

KATHMANDU: Nepal’s Supreme Court ruled on Friday (Jan 27) that deputy prime minister Rabi Lamichhane had stood for election with invalid citizenship papers, annulling his status as a lawmaker and effectively removing him from office. Lamichhane became deputy prime minister for home affairs – heading the ministry that oversees identity cards – in a seven-party alliance that took power last month. In its ruling on Friday, a five-member constitutional bench of the top court said the 48-year-old had contested the November elections on an invalid citizenship certificate after abandoning his US citizenship. “He loses his ministerial position and there will…

A shoplifter went beserk inside an Upper East Side CVS store this week, attacking two workers and then two responding NYPD cops with a metal padlock he’d stolen, authorities said.  Eutano Barnard, 41, entered the CVS on Lexington Avenue near East 87th Street around 12:50 p.m. Wednesday and snatched up about $65 worth of merchandise – including four locks and six Red Bull drinks, cops said.  Alleged shoplifter Eutano Barnard allegedly attacked these two 19th Precinct cops with a metal padlock he’d stolen. NYPD 19th Precinct As two workers tried to stop Barnard from leaving, he whacked both of them…

It was just a few months ago when Amy Jordan realized she no longer needed to rely on modifications during Pilates classes. Since being diagnosed with an aggressive cervical cancer and undergoing grueling treatment a little more than two years ago, Jordan slowly has been building up her strength in the hope that she’ll be able to. move her body as she once did. When Amy Jordan was unable to do hands-on suggestions while she taught Pilates during her cancer treatment and recovery, she created new ways to offer her students instruction and feedback. Courtesy Gregory Zabilski Photography“I really feel like…