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BusinessPhoto: News18 World

US Treasury Fines Bank of America Over $1.2B for Suspicious Transactions

The US Treasury Department fined Bank of America over $1.2 billion for alleged violations of anti-money laundering and sanctions laws. The bank failed to report more than $5 billion in suspicious transactions, some linked to Chinese money laundering and illicit activity near the US-Mexico border. The penalties include a $750 million fine by the OCC and an $11.6 million settlement for sanctions violations involving Iran, Russia, narcotics, and terrorism.

News18 World·

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HealthPhoto: HT World

Michael Jordan's $7M Gift Boosts Charlotte Health Clinics' Visits

In 2017, basketball star Michael Jordan donated $7 million to open two health clinics in Charlotte, North Carolina, targeting underserved communities with high uninsured rates. By 2023, these clinics provided over 9,000 patient visits annually, addressing challenges like costly and inaccessible care. The clinics aim to improve health outcomes for vulnerable families facing generational poverty.

HT World··Charlotte

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SciencePhoto: Mint

NASA Launches Lunar Grounding Challenge with $150,000 Prize

NASA has launched the Lunar Grounding Challenge to find engineering solutions preventing dangerous static electricity buildup on the Moon. The agency offers up to $150,000 in prizes. This initiative supports Artemis missions aiming to land astronauts at the lunar South Pole by 2028. The challenge addresses risks from tribocharging and plasma charging on spacesuits, especially in lunar shadows and Permanently Shadowed Regions.

Mint·

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SportsPhoto: News18 Sports

Football Regulator Chief Threatens Resignation Over Man City Political Interference

The chair of English football’s Independent Regulator has threatened to resign if political interference occurs in the investigation of Manchester City’s financial misconduct. The club faces over 100 charges for breaking Premier League financial rules and denies wrongdoing. UK Prime Minister Andy Burnham faced criticism for comments on City’s Abu Dhabi owners, highlighting government challenges in balancing ties with the UAE and football regulation independence.

News18 Sports·

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PoliticsPhoto: Deccan Herald

Sugarcane Farmers Protest in Karnataka; Tupac Murder Conviction in Nevada

Sugarcane farmers in Karnataka blocked highways demanding higher prices. Albanian students held an anti-government protest. Choreographer Prabhu Deva inaugurated the Yuva Dasara 2026 program in Mysuru, Karnataka. In Las Vegas, Nevada, Duane Davis was escorted by police after his murder conviction in rapper Tupac Shakur's death. Durga Puja festival celebrations took place in Kolkata.

Deccan Herald··Mysuru

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BusinessPhoto: Mint Companies

Rising Costs Pressure Logistics Firms This Festive Season

Logistics companies are increasing prices or planning festive-season surcharges due to rising labour, warehousing, and last-mile delivery costs. This situation pressures e-commerce brands and sellers to either absorb these higher expenses or pass them on to consumers during the festive season.

Mint Companies·

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