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1 month ago | 
salon.com | Natalie Chandler
Don't be surprised if the delays, cancellations and safety concerns that have affected Newark Liberty International Airport in recent weeks spread to the rest of the U.S.That's according to Transportation Secretary Sean Duffy, who on Sunday said "antiquated systems" at major airports across the country need a multibillion-dollar overhaul.
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1 month ago | 
salon.com | Natalie Chandler
President Trump, frustrated with the slow pace of upgrading the Air Force One fleet, wants a new plane this year —and the royal family in Qatar is set to deliver, per ABC News. His administration is poised to accept a luxury Boeing 747-8 jumbo jet known as "a flying palace" that was previously used by the Qatar government, the network reports. The aircraft is worth around $400 million, per ABC — not including the communication and defensive upgrades that will be needed for presidential travel.
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1 month ago | 
salon.com | Natalie Chandler
The Trump administration might suspend immigrants' constitutional right to challenge their detention if the courts don't start cooperating, White House deputy chief of staff Stephen Miller said Friday. “That’s an option we’re actively looking at,” The Times quoted Miller as saying.
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1 month ago | 
salon.com | Natalie Chandler
Newark, New Jersey Mayor Ras Baraka has been released after being arrested by federal officials on Friday while protesting the opening of an immigration detention center in the city. Baraka was held in custody for several hours before he was let go around 8 p.m. on Friday, per CNN. “The reality is this: I didn’t do anything wrong," he told supporters waiting for him.
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1 month ago | 
salon.com | Natalie Chandler
Alexander Mashinsky, founder and former CEO of the failed cryptocurrency platform Celsius Network, was sentenced to 12 years in prison on Thursday after pleading guilty to federal fraud charges. A plea agreement had called for up to 30 years. Mashinsky acknowledged illegally manipulating the price of Celsius’ proprietary token while secretly selling his own tokens at inflated prices. He made $48 million off the scheme before Celsius filed for bankruptcy in 2022.
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1 month ago | 
yahoo.com | Natalie Chandler
Alexander Mashinsky, founder and former CEO of the failed cryptocurrency platform Celsius Network, was sentenced to 12 years in prison on Thursday after pleading guilty to federal fraud charges. A plea agreement had called for up to 30 years. Mashinsky acknowledged illegally manipulating the price of Celsius’ proprietary token while secretly selling his own tokens at inflated prices. He made $48 million off the scheme before Celsius filed for bankruptcy in 2022.
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1 month ago | 
salon.com | Natalie Chandler
A Trump-backed bill to regulate cryptocurrencies failed to advance in the Senate on Thursday after Republicans couldn't find enough Democrats to overlook the president's growing crypto empire and go along with it. The so-called GENIUS Act would provide a federal framework for stablecoins, a type of crypto pegged to other digital assets like the U.S. dollar. The industry spent tens of millions of dollars on pro-crypto candidates in the 2024 election who would support such a bill.
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1 month ago | 
salon.com | Natalie Chandler
Days before he was inaugurated for a second term, President Trump launched a meme coin brandishing the words “fight, fight, fight." But most of those who invested in it might feel like giving up. Of the 2 million accounts that have purchased the $TRUMP coin, 764,000 have lost money on it, according to data that blockchain analysis firm Chainalysis shared with CNBC. Most invested in smaller amounts of the token, the media outlet reported.
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1 month ago | 
yahoo.com | Natalie Chandler
President Trump's intent to sign legislation helping the cryptocurrency industry could be thwarted by Senate Democrats because of his conflicts, The New York Times reports. The so-called GENIUS Act would provide a federal framework to regulate stablecoins and help crypto grow in the U.S. But nine Democrats balked after The Times investigated a crypto business affiliated with Trump and his three sons and its $2 billion deal with a foreign government-backed fund.
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1 month ago | 
salon.com | Natalie Chandler
We've already ditched our regular shopping trips in favor of home delivery. Why not go one step further and put an AI assistant in charge of running our errands? That's the premise behind AI-powered shopping, launched this week by two credit card giants.
