Author: Press Room

Jail for life and confiscation of property are the maximum penalties for illegal fundraising, while bribery can also bring life terms.In 2024, China’s securities regulator fined Hui, formerly one of China’s richest men, US$6.6 million and barred him from the securities market for life, after finding Evergrande’s flagship unit had inflated earnings and committed securities fraud.A former steel technician, Hui, raised by his grandmother in a rural village in central Henan province, built his fortune on the back of low-priced homes.After founding Evergrande in 1996, he turned it into China’s biggest property developer by contracted sales, aggressively taking on debt.DABBLED…

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CENTCOM contradicts reports on ships breaking blockade as Trump says US-Iran talks could resume in the next two days.Published On 14 Apr 202614 Apr 2026The Pentagon says no ships “made it past” the United States military blockade in the Strait of Hormuz in its first 24 hours and six merchant ships followed orders to turn around.The statement on Tuesday from the US military’s Central Command (CENTCOM) was the first update since US President Donald Trump announced the blockade of the waterway after US-Iran talks over the weekend in Pakistan failed to yield an agreement on ending the war the US…

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NEWYou can now listen to Fox News articles! Rep. Eric Swalwell, who announced he will resign from Congress on Monday, is facing mounting criticism over a series of sexual misconduct allegations, but another, decade-old scandal over the California Democrat’s ties to a suspected Chinese spy has also been revived amid reports the FBI is weighing whether to release documents on the matter.The sexual misconduct claims, including from a former Swalwell staffer, have renewed scrutiny of the congressman’s past ties to suspected Chinese operative Christine Fang as critics and social media commentators demand the FBI release files related to Fang.Article III…

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Sam Altman, chief executive officer of OpenAI Inc., speaks during BlackRock’s 2026 Infrastructure Summit in Washington, DC, US, on Wednesday, March 11, 2026. Daniel Heuer | Bloomberg | Getty ImagesProsecutors plan to ask a judge Tuesday to ask a San Francisco judge to hold the man accused of trying to murder OpenAI CEO Sam Altman held without bail because of the “public safety risk he poses,” they said.Daniel Moreno-Gama, a 20-year-old Texas resident, allegedly threw a lit Molotov cocktail at Altman’s home and threatened to burn down OpenAI’s headquarters last week because of his hatred for artificial intelligence technology.Moreno-Gama, who…

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American Airlines and United Airlines airplanes at the Terminal A at Newark Liberty International Airport (EWR) in Newark, New Jersey, US, on Thursday, Jan. 12, 2023.Aristide Economopoulos | Bloomberg | Getty ImagesUnited Airlines CEO Scott Kirby reportedly floated the idea of a potential tie-up with rival American Airlines to the Trump administration earlier this year, a suggestion that if acted upon, would create the world’s largest airline.While the Trump administration has appeared more open to mega deals than its predecessors, such a merger would face heavy regulatory scrutiny with the top four airlines (those two carriers, plus Delta Air Lines…

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NEWYou can now listen to Fox News articles! A 40-year-old avid runner was stabbed and shot during a string of attacks allegedly carried out by a repeat offender in Georgia.Lauren Bullis, 40, was identified as one of the victims in Monday’s string of attacks in DeKalb County, Georgia. Police arrested 26-year-old Olaolukitan Adon Abel on Monday following the back-to-back incidents.”It is apparent to us that this was a completely random attack,” Brookhaven Police Chief Brandon Gurley said Monday.GOT A TIP? Lauren Bullis, 40, appeared to be an avid runner documenting her races on social media. (Facebook/Lauren Bullis)The timeline of the…

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NEWYou can now listen to Fox News articles! An Olympic hockey coach admitted to using a fake vaccination card to coach his team in the Beijing Olympics four years ago.Swiss ice hockey coach Patrick Fischer has admitted he used a certificate falsely claiming he’d been vaccinated against COVID-19 to get around China’s strict travel restrictions.Swiss public broadcaster SRF said it confronted Fischer with documents showing he was fined nearly 39,000 Swiss francs ($50,000) by local authorities in 2023 for document forgery after buying the certificate on social media. SRF said he went public with his admission shortly after. Head coach…

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Ontario Provincial Police say they won’t issue charges in a probe involving alleged “sexual acts” at a charity golf event last summer. An OPP spokesperson confirmed to Global News Monday that members of the Perth County Crime Unit have concluded their investigation into the Poppa Pie’s Adventures Golf Tournament on Aug. 2, 2025.Police told Global News last August their probe involved “allegations that sexual acts occurred during a golf tournament,” adding that “videos of this event have been circulating.”That tournament, which took place in Mitchell, Ont., was described as “sold out, high-energy, and packed.” Get breaking National news Get breaking Canada…

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