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Richard Kim, a former Goldman Sachs and JPMorgan Chase executive, was indicted on securities and wire fraud charges related to his alleged misappropriation of about $4 million in investor funds for his start-up online casino company, most of which he allegedly lost within a week through gambling on another site, prosecutors said Wednesday.Investors who lost money in Kim’s scheme included Galaxy Digital, where he had been a venture fund investor for six years, court filings show.The case against Kim again relates to his company Zero Edge, which the 39-year-old New York resident announced after leaving Galaxy Digital in March 2024,…

Tottenham’s late collapse saw them blow a 2-0 UEFA Super Cup lead with five minutes to play as Paris Saint-Germain snatched the first European trophy of the season on penalties in Udine.Set-piece goals from Micky van de Ven and Cristian Romero either side of half-time had looked set to give Thomas Frank a dream start in his first competitive game as Spurs boss, with a heroic defensive performance keeping the Champions League winners at bay for large parts of the game in Italy. PSG had only returned to training last week amid a truncated pre-season following their Club World Cup…

Aug 13, 2025, 02:59 PM ETPremier League referees’ chief Howard Webb has suggested the video assistant referee system could be expanded to include yellow cards and corners.Webb revealed football’s law-makers, the International Football Association Board, are reviewing the use of VAR, which has been in place in the Premier League since the 2019-20 season, and that he would be “open” to an extension of its current remit if those involved in the game wanted it.The technology is currently used to review potentially match-changing decisions such as goals, straight red cards, penalties and mistaken identity, but could be implemented on a…

The world is full of many natural wonders. In the United States, national parks draw in millions of visitors all year round. While places like Yellowstone boast famous geysers such as Old Faithful and the vibrant colors of Grand Prismatic Spring, that is just a fraction of what the rest of the world has to offer.Here are a few of the most beautiful — and most visited — national parks around the globe.Yosemite National Park, U.S.A.Located in California, Yosemite National Park has over 750 miles of trails for travelers to explore. It was designated a UNESCO World Heritage Site in…

Russian Orthodox nun Mother Agapia Stephanopoulos’ appearance on the conservative Tucker Carlson Show has received widespread praise for exposing the experience of Palestinian Christians living under Israeli occupation and the war on Gaza.  The Monday episode, titled “Here’s What It’s Really Like to Live as a Christian in the Holy Land”, had around 12 million views by the time of writing. Mother Stephanopoulos, who has lived in the Palestinian town of Bethany in the occupied West Bank since 1996, was among several pro-Palestinian guests featured on the former Fox News host’s programme. Alongside her accounts of discrimination faced by Palestinians, Carlson devoted much…

Cava stock tumbled 16% in afternoon trading on Wednesday, making it the latest fast-casual chain to feel Wall Street’s wrath after reporting disappointing quarterly sales.A year ago, eateries like Chipotle Mexican Grill and Cava were reporting double-digit same-store sales growth, even as the broader restaurant industry posted falling traffic and slumping sales. But times have changed. This spring, fast-casual chains saw foot traffic decline as sales slowed down or even shrank.To explain the downturn, executives have said that diners are “cautious,” in the words of Sweetgreen CEO Jonathan Neman, or dealing with an economic “fog,” according to Cava CFO Tricia…

KUWAIT: Minister of Justice Nasser Al-Sumait on Wednesday announced that Kuwait will soon launch the largest legislative development plan in its history, in cooperation with state agencies and civil society institutions. The initiative will harness digital technologies to enhance justice, streamline procedures, and ensure accessibility, efficiency, and continuity in the judicial system.Speaking during an inspection tour of the Al-Raqqai Courts Complex, Al-Sumait said Kuwait has witnessed two previous “legislative renaissances” — the first between 1959 and 1965, when key laws such as the Nationality Law were enacted, and the second from 1978 to 1984, which produced landmark legislation including the…

Alcohol poisoning also leaves dozens hospitalized with kidney failure, vision loss KUWAIT: The Ministry of Health on Wednesday confirmed that 63 people have been hospitalized since Saturday due to alcohol poisoning caused by the consumption of methanol-contaminated drinks. Thirteen victims, all of Asian nationalities, have died. In a statement, the ministry said several patients remain in intensive care units, with medical teams performing cardiopulmonary resuscitation (CPR) on 31 cases.Emergency dialysis was administered to 51 patients, while 21 individuals suffered permanent or temporary vision loss as a result of the poisoning. Authorities said coordination is underway between hospitals and security agencies…

Aug 13, 2025, 02:37 PM ETManchester United will travel to League Two Grimsby in the Carabao Cup second round as they attempt to bounce back from one of their worst seasons in recent history.The 2023 winners will head for Blundell Park during the week beginning Aug. 25 after being paired with the Mariners in Wednesday night’s draw, in which they were the last team team out of the hat.Elsewhere, there are all-Premier League clashes between Bournemouth and Brentford and Wolves and West Ham, while promoted Leeds face a trip to either Bolton or Sheffield Wednesday and Everton will host League…

The so-called “big, beautiful” budget bill made headlines for, among other things, introducing a new type of investing account that parents could open on behalf of children under 18.For U.S. citizens born from 2025 through 2028, the government will seed the portfolios, which have come to be known as Trump accounts, with an initial contribution of $1,000.It’s easy to see why the accounts took the spotlight — free money is free money. But if you’re a parent looking to save money for your child’s education in particular, the bill also quietly made an investment vehicle designed for that purpose more flexible.When…