World
AI Summary
- Executives from the bankrupt subprime auto lender Tricolor Holdings have been charged with bank and wire fraud, accused of defrauding banks and private credit lenders over hundreds of millions of dollars.
- The U.S. is preparing to impose new sanctions on Russia's energy sector to increase pressure on the Kremlin following its rejection of a proposed peace agreement with Ukraine.
- Ford has announced layoffs of 1,600 workers at its Kentucky electric-vehicle battery plant as it shifts focus from EV production to manufacturing battery-storage systems for data centers and utilities.
- The Academy Awards will transition from broadcast on ABC to streaming on YouTube starting in 2029, marking a significant change in how the Oscars will be presented to audiences.
- California's DMV has provisionally allowed Tesla to continue sales in the state while investigating allegations of misleading marketing and overstated self-driving capabilities.
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ZeroHedge
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Executives At Bankrupt Subprime Auto Lender Tricolor Charged With Fraud
29 minutes ago
by Tyler Durden
Executives At Bankrupt Subprime Auto Lender Tricolor Charged With Fraud Authored by Rob Sabo via The Epoch Times, The former CEO and chief operating officer of subprime auto dealer and financier Tricolor Holdings were formally charged on Dec. 16 with bank and wire fraud for their alleged roles in what officials say was a years-long scheme to defraud banks and private credit lenders of hundreds of millions of dollars. Tricolor founder Daniel Chu and David Goodgame were indicted in federal court in Manhattan for multiple financial schemes that started in 2018 and include double-pledging collateral to multiple lenders, as well as manipulating the
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AI Won't End Marketing, It Will Elevate It To Its Full Potential
an hour ago
by Tyler Durden
AI Won't End Marketing, It Will Elevate It To Its Full Potential Authored by Mark Penn via RealClearMarkets, For decades, marketers have been chasing the holy grail of marketing – the perfect ability to get the right ad to the right person at the right time in an effortless fashion. Before AI, this was never really possible. We moved from radio advertising to linear TV to digital, each time getting closer to the holy grail but missing the mark on truly effective marketing. Now with AI-based advertising, this perfect ability is finally possible. Marketing used to be about brand building. The original intent
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Uniformed Armed Guards Spotted On Russian 'Shadow Fleet' Vessels Off Europe
2 hours ago
by Tyler Durden
Uniformed Armed Guards Spotted On Russian 'Shadow Fleet' Vessels Off Europe Russia is upping the ante at a moment the US and some European countries are threatening action and new sanctions on vessels transporting Russian oil and gas to global markets, in defiance of Western sanctions. Sweden's navy announced Wednesday it has spotted armed personnel in uniform providing security for vessels linked to Russia's so-called "shadow fleet" traversing main shipping routes in the Baltic Sea. Illustrative file image: Shutterstock Russian-linked tankers in waters off northern Europe have of late been under threat of interdiction and boarding by European authorities. This scenario has actually happened within the
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Vance Fires Back At Media Smear: "I Only Believe In The Conspiracy Theories That Are True"
2 hours ago
by Tyler Durden
Vance Fires Back At Media Smear: "I Only Believe In The Conspiracy Theories That Are True" Authored by Steve Watson via Modernity.news, In a brazen attempt by legacy media to sow discord within the Trump administration, Vanity Fair dropped a so-called “exclusive” interview with White House chief of staff Susie Wiles, cherry-picking her words to paint Vice President JD Vance as some wild-eyed “conspiracy theorist.” But Vance didn’t back down—he turned the tables, reminding everyone how many “conspiracies” turned out to be stone-cold facts suppressed by the deep state and their press lapdogs. This latest media ambush highlights the relentless efforts to undermine
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Where Did Global Warming Go? US East Sees Snowiest Start In Nearly Two Decades
2 hours ago
by Tyler Durden
Where Did Global Warming Go? US East Sees Snowiest Start In Nearly Two Decades The so-called "climate crisis" narrative was built on a house of cards and has been unraveling ever since Bill Gates acknowledged the risks were overstated, and a major study long used to project climate catastrophe was recently retracted. In reality, the narrative became a vehicle for globalist Democrats to raid the U.S. Treasury and push de-growth policies that weakened the U.S. under the Biden-Harris regime. Meanwhile, China aggressively expanded coal-fired power generation, raising the question of whether the push for "green" policies amounted to little more than self-sabotage. Another
The Guardian
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Five key moments in the assault on the rights of women and girls in 2025
a day ago
by Isabel Choat
Anti-rights movement, Global development, Reproductive rights, Contraception and family planning, Abortion, Trump administration, Africa, Women, Health, Society, World news, US politics, USAID, US news, Women's rights and gender equality, LGBTQ+ rightsSince Trump’s second term began in January, global healthcare, especially for sexual and reproductive health, has been under constant attack This time last year, women’s rights organisations were bracing themselves for a second Trump term. Few were prepared for the chaos that would be unleashed in January. The volume and speed of executive orders coming out of the White House were seen as a deliberate tactic to overwhelm and create panic. In many ways it worked – there was confusion, anger and exhaustion as organisations scrambled to fill the gap left by the USAID freeze. But that was just the beginning. The
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South Africa in talks with Russia over men ‘tricked’ into fighting in Ukraine
2 days ago
by Rachel Savage in Johannesburg
South Africa, Ukraine, Russia, Africa, Europe, World newsGovernment says it received distress calls, as daughter of ex-president Jacob Zuma accused of luring men to frontline South Africa’s government is in talks with Russia to bring home 17 South African men fighting for Russia in Ukraine, after the men were allegedly tricked on to the frontlines of the war by a daughter of former South African president Jacob Zuma. Duduzile Zuma-Sambudla has been accused in multiple lawsuits of luring the 17 South African and two Botswanan men to Russia in July, by telling them they would be training as bodyguards for her father’s uMkhonto weSizwe political party or attending a
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Libya looks to its past to build a new future as national museum reopens
2 days ago
by Patrick Wintour in Tripoli
Libya, World news, Middle East and north Africa, Africa, Museums, CultureIt is hoped the institution can help foster new bonds in a fractured nation, but such optimism will be a stretch for some It was a night at the museum like no other. As the staccato sound of firecrackers and explosions rang out across Martyr’s Square in the heart of Tripoli, for once it was not Libya’s militias battling it out for a larger stake in the country’s oil economy, but a huge firework display celebrating the reopening of one of the finest museums in the Mediterranean. The National Museum of Libya – housing Africa’s greatest collection of classical antiquities in Tripoli’s
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Ghanaian students at UK universities face deportation amid funding crisis
3 days ago
by Richard Adams and Eromo Egbejule
International students, Ghana, Students, Universities, Higher education, Education, Africa, UK news, Keir Starmer, Politics, World newsGroup asks Keir Starmer for help to persuade Ghanaian government to pay backlog of tuition fees and living allowances Students from Ghana at UK universities say they are in danger of being deported after being stranded by their own government without promised scholarships or tuition fee payments. The group representing more than 100 doctoral students has petitioned Downing Street and Keir Starmer asking for help to persuade the Ghanaian government to pay the backlog of tuition fees and living allowances running into millions of pounds. Continue reading...
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Little Foot hominin fossil may be new species of human ancestor
3 days ago
by Donna Lu
Evolution, Archaeology, Australia news, South Africa, AfricaAustralian researchers think the skeleton found in South Africa is not the same species as two found in the same South Africa cave system Little Foot, one of the world’s most complete hominin fossils, may be a new species of human ancestor, according to research that raises questions about our evolutionary past. Publicly unveiled in 2017, Little Foot is the most complete Australopithecus skeleton ever found. The foot bones that lend the fossil its name were first discovered in South Africa 1994, leading to a painstaking excavation over 20 years in the Sterkfontein cave system. Continue reading...
South China Morning Post
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Brown University shooting: police seek witness who came close to gunman
an hour ago
by Agence France-Presse
A manhunt for the mass shooter who opened fire in an exam room at one of America’s top universities stretched into a fifth day on Wednesday with no apparent police progress in identifying a suspect or a motive. The only new information from police at a media briefing on Wednesday was an appeal for a witness believed by investigators to have come close to the suspected gunman on the grounds of Brown University in Providence, Rhode Island. The shooting happened Saturday, when a man with a rifle...
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Is the FBI’s Bongino quitting? Trump says he wants to ‘go back to his show’
2 hours ago
by Reuters
US President Donald Trump on Wednesday said he thought FBI Deputy Director Dan Bongino wanted to “go back to his show”, following media reports that the former podcaster was planning to quit his role. “Dan did a great job. I think he wants to go back to his show,” Trump told reporters. The FBI declined to comment. Bongino, a former New York police officer, member of the Secret Service and right-wing podcaster, was an unusual pick for the FBI’s No 2 post, which historically had been filled by...
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A complicated new EU-China showdown is quietly taking shape
2 hours ago
by Abishur Prakash
Last month, Contemporary Amperex Technology Limited (CATL), the world’s largest battery company, started building a massive joint venture plant in Spain. It came weeks after Spain’s King Felipe visited Beijing, seeking a stronger EU-China relationship as US commitments wobble. Except Spain, electrified by the potential job creation, ran into a problem: CATL wants to bring 2,000 Chinese workers to build the plant. What’s happening in Spain is part of a complicated new showdown between the...
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Musk ally Isaacman confirmed as Nasa chief amid moon race with China
2 hours ago
by Agence France-Presse
The Senate on Wednesday approved US President Donald Trump’s renomination of billionaire Jared Isaacman to head Nasa, following months of backtracking and uncertainty over the space agency’s future. The 42-year-old businessman made his fortune in online payment processing and has a personal passion for space. He will take over as administrator of the US agency at a sensitive time – when it faces major budget cuts and pressure to travel to the moon again and eventually reach Mars. The Trump...
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BYD plans giant Brazil factory to scale electric bus and truck production
3 hours ago
by Igor Patrick
Chinese carmaker BYD plans to build a new factory in Brazil within the next three years after rising demand for electric buses filled its existing production capacity and forced the company to redraw its manufacturing strategy in the country. The project would sharply expand output, create hundreds of jobs and support exports across South America, with Africa also being considered, as BYD strengthens a business segment that predates its move into passenger electric vehicles. BYD has assembled...
New York Times
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Trump Administration Aims to Strip More Foreign-Born Americans of Citizenship
2 hours ago
by Hamed Aleaziz
internal-open-access-from-nl, United States Politics and Government, Citizenship and Naturalization, Immigration and Emigration, Trump, Donald J, Citizenship and Immigration Services (US), Justice DepartmentAn official with U.S. Citizenship and Immigration Services said it would prioritize “those who’ve unlawfully obtained U.S. citizenship.”
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ICE Arrests Disrupt Schools, Prompting Fear Among Families
6 hours ago
by Madeleine Ngo
Illegal Immigration, Immigration Detention, United States Politics and Government, Deportation, Education (K-12), Immigration and Emigration, Homeland Security Department, Immigration and Customs Enforcement (US)President Trump’s immigration crackdown has at times resulted in arrests near schools, setting off concerns among parents, educators and students.
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Immigration Agents and Protesters Face Off in Frigid Minnesota
14 hours ago
by Ernesto Londoño and Hamed Aleaziz
Homeland Security Department, Illegal Immigration, Immigration Detention, Demonstrations, Protests and Riots, Minnesota, Frey, Jacob (1981- ), Frazier, Darnella, Immigration and Customs Enforcement (US), Walz, Tim, Trump, Donald J, Chanhassen (Minn), Minneapolis (Minn)A surge of ICE agents has led to 670 arrests and chaotic standoffs in subzero weather.
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House Rejects Measure to Bar Strikes Inside Venezuela
39 minutes ago
by Robert Jimison
United States Politics and Government, United States International Relations, Drug Abuse and Traffic, War and Emergency Powers (US), United States Defense and Military Forces, US Strikes on Alleged Drug Traffickers (2025- ), House of Representatives, Republican Party, Trump, Donald J, Johnson, Mike (1972- ), Caribbean Area, VenezuelaThe Democratic measure was defeated mostly along party lines, along with another resolution that would have halted the military’s escalating campaign of boat attacks.
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Top Republican Examining Boat Strike ‘Satisfied’ With Military Mission
4 hours ago
by Robert Jimison
United States Politics and Government, United States Defense and Military Forces, Classified Information and State Secrets, Deaths (Fatalities), Defense Department, House Committee on Armed Services, Bradley, Frank Mitchell, Hegseth, PeteAfter viewing video of a follow-up strike, Republicans largely had confidence in the Pentagon’s legal rationale while Democrats questioned its legality.