Linked Archives - DR News - News, Retirement, Finance

Pension Funds Linked to ByteDance Investments Put Millions at Risk in US Market

WASHINGTON — The Chinese-controlled parent company of TikTok, ByteDance, is facing scrutiny as it has been revealed that millions of dollars from US pension funds, including those of New York’s police officers and firefighters, are likely invested in the company. Congress has ordered ByteDance to sell off TikTok or face a ban, prompting concerns about the implications of such investments. A new report by the non-profit investment-watchdog group Future Union has identified 48 pension funds …

Bribery Scandal Unfolds: Two Operatives Linked to Rep. Cuellar Plead Guilty and Cooperate with DOJ

Laredo, Texas – Two political associates connected to Democratic Representative Henry Cuellar are set to plead guilty and cooperate with the Justice Department’s bribery case against the lawmaker, as disclosed in recently unsealed court documents. Colin Strother and Florencio “Lencho” Rendon reached plea deals in March, confessing to being involved in an alleged bribery plot. The scheme involved funnelling over $200,000 to Cuellar and his wife, Imelda Cuellar, on behalf of a Mexican bank. Both …

Insurance Loss Linked to Increase in Crime Rates: Study

Nashville, Tennessee – A recent working paper by four scholars suggests that access to health insurance may have a significant impact on reducing crime rates in the United States. The study examined the effects of one of the largest Medicaid disenrollments in U.S. history, which occurred in Tennessee in 2005, leading to approximately 190,000 nonelderly and nondisabled adults without dependents losing their coverage at that time. According to the researchers, the loss of Medicaid coverage …

Investment Scam Linked to Gina Rinehart Leaves Queensland Retiree Penniless – Zuckerberg Faces Backlash

Brisbane, Australia – A retiree from Queensland has faced devastating losses after falling victim to an investment scam that exploited the image of prominent mining magnate Gina Rinehart on Facebook. The retiree, identified as Gary, shared his harrowing experience of being lured into the fraudulent scheme through deceptive online advertisements featuring well-known personalities like Rinehart, Twiggy Forrest, and Clive Palmer. The orchestrated scam enticed Gary with promises of substantial returns on a minimal initial investment, …

Cyberattack Paralyzes U.S. Pharmacies Linked to UnitedHealth’s Change Healthcare Incident

Atlanta, Georgia – U.S. pharmacies are facing significant challenges after a cyberattack hit UnitedHealth’s Change Healthcare. This attack has exposed vulnerabilities in the healthcare industry’s digital infrastructure, highlighting the urgent need for enhanced cybersecurity measures. The incident has caused major disruptions to pharmacy operations, affecting the delivery of crucial medications and healthcare services to patients across the country. The cyberattack at UnitedHealth’s Change Healthcare has raised concerns about the security of sensitive patient information stored …

Listeria Outbreak Linked to Recalled Dairy Products Results in 26 Illnesses and 2 Deaths

Atlanta, Georgia – A listeria outbreak in 11 states, resulting in 26 illnesses, 23 hospitalizations, and two deaths, has been linked to recalled dairy products, according to the Centers for Disease Control and Prevention. The outbreak has been associated with Rizo-López Foods, which recalled sour cream, cheese, and yogurt under various brand names. The Food and Drug Administration stated that the outbreak has extended over several years and has been associated with queso fresco and …