Posts by Liam Redmond
Mandatory jail time for fraud vs. taxpayers? Absolutely
Epic fraud, epic prison term. That sounds about right. California Rep. Ken Calvert this week announced a bill to require prison time of at least one year for fraud involving between $1 million and $5 million, and at least five years for fraud exceeding $5 million. Good: Mandatory prison time for fraudsters is a sound…
Read MoreTrump will swear in Kevin Warsh on May 22 to lead US Federal Reserve
Published Fri, May 22, 2026 · 08:35 AM [WASHINGTON] US President Donald Trump will swear in Kevin Warsh as the chair of the US Federal Reserve on Friday (May 22) at the White House, the Trump administration said on Thursday. Warsh was confirmed to the role in a near party-line vote on May 13. He…
Read MoreKeppel announces termination of proposed M1 divestment
This comes after IMDA halts its assessment of the proposed M1-Simba consolidation [SINGAPORE] Keppel on Friday (May 22) announced the termination of its proposed divestment of M1. The sale and purchase agreement to divest M1 to Simba Telecom has terminated and ceased to have effect, said Keppel. Accordingly, the proposed transaction has terminated, it added.…
Read MoreKeppel, Tuas confirm M1-Simba deal dead in the water
This comes after conditions for the transaction were not met by the extended long-stop date [SINGAPORE] Keppel and Tuas Ltd confirmed on Friday (May 22) that the proposed divestment of M1’s telecommunications business to Simba Telecom had fallen through. Tuas Ltd – the Australian-listed parent company of Simba – said that it had terminated the…
Read MoreSingapore-based Digital Edge closes US$575 million loan to fund Asia-Pacific expansion
The company will use the money to continue expanding in markets including South Korea, Japan, India and South-east Asia Published Fri, May 22, 2026 · 07:54 AM [SINGAPORE] Digital Edge, a Singapore-based data centre company backed by US-based investor Stonepeak, has closed its first US$575 million holding company loan to fund expansion in Asia-Pacific markets,…
Read MoreFormer Giants receiver Collin Johnson retires at 28 to enroll at MIT
A former Giants wide receiver is walking away from the NFL to pursue a master’s degree from MIT. Collin Johnson, who was with Big Blue from 2021 until the end of August 2023, is retiring from pro football and enrolling at MIT’s Sloan School of Management, he announced on Instagram on Thursday. The wide receiver,…
Read MoreMiddle School teacher busted after ordering 12-year old to slap chatty classmate: cops
A Florida middle school teacher was hit with child abuse charges for allegedly ordering a 12-year-old student to slap a classmate who wouldn’t stop talking, according to authorities. Judith Clark, 64, even had two other students close the blinds in the Lee Middle School classroom before allegedly telling the youngster to hit the other student…
Read MoreSingapore Man Jailed for Abusing Baby Nephew
⚠️ CONTENT WARNING: This article contains detailed descriptions of serious physical child abuse, including violence against an infant. Reader discretion is strongly advised. A 32-year-old man in Singapore was sentenced Wednesday to 14 years in prison after subjecting his infant nephew to months of abuse while secretly recording the attacks on his phone and later…
Read MoreOil prices close 2% lower on uncertain prospects for US-Iran deal
Published Fri, May 22, 2026 · 06:18 AM [NEW YORK] Oil prices were volatile on Thursday (May 21), ultimately settling about 2 per cent lower as uncertainty over prospects for resolving the US-Israeli conflict with Iran weighed on the market. Brent crude futures settled at US$102.58 a barrel, down US$2.44, or 2.3 per cent on…
Read MoreOil prices rise as investors doubt breakthrough in US-Iran peace talks
Six weeks since a fragile ceasefire took effect, efforts to end the war have shown little progress Published Fri, May 22, 2026 · 06:18 AM — Updated Fri, May 22, 2026 · 01:57 PM [SINGAPORE] Oil prices climbed on Friday (May 22) but were on track for a weekly loss as investors doubted the prospects…
Read MoreAlbany angles to free Gilgo Beach killer early — and keep torturing his victims
When serial killer Rex Heuermann returns to court on June 17, eight families will finally receive justice. Heuermann, who has pleaded guilty to the murders of eight young women whose bodies were left on Gilgo Beach and elsewhere here in Suffolk County, is set to receive three life sentences without parole, followed by 100 years…
Read MoreEuropean equities end flat as investors await Middle East peace updates
Despite a recovery from lows hit during the conflict, European equities have struggled to bounce back to pre-war levels Published Fri, May 22, 2026 · 05:42 AM [BENGALURU] European shares ended flat on Thursday (May 21), pausing after strong gains in the previous session as investors awaited progress on US-Iran peace negotiations. The pan-European Stoxx…
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