United Airlines presents itself as the unrivaled leader in cleaner jet fuel. A recent ad campaign featuring the

The Securities and Exchange Commission announced that it had settled fraud charges with the financial firm tied to former president Donald Trump’s Truth Social platform, Street Insider reported. The SEC had accused Digital World Acquisition Corporation (DWAC), a special purpose acquisition company, of making material misrepresentations in forms it filed with the SEC as part of its initial public offering and its proposed merger with Trump Media & Technology Group Corp (TMTG), which Mr Trump founded. DWAC had misled both the SEC and investors when it failed to disclose that it had formulated a plan to acquire and was pursuing the acquisition of TMTG. Special purpose acquisition companies are meant to identify and acquire operating businesses. But the SEC said in the forms DWAC filed to support its IPO in September 2021, neither it nor its officers had said it had discussions with any target companies before its IPO. But the SEC’s order found that the person who would become DWAC’s chief executive and board chairman, along with other people, had extensive special purpose acquisition company meetings with Mr Trump’s company, and that the executive had pursued talks with TMTG for another special purpose acquisition company he created. In turn, the SEC called DWAC’s Form S-1 false and misleading. “DWAC failed to disclose its discussions with TMTG and failed to disclose a material conflict of interest of its CEO and Chairman,” Gurbir S Grewal, the director of the SEC’s enforcement division. “In the context of a SPAC – a ‘blank-check’ entity without business operations – these disclosure failures are particularly problematic because investors focus on factors such as the SPAC’s management team and potential merger targets when making financial decisions.” The SEC said that DWAC violated antifraud provisons of security laws. It had previously announced that it would pay an $18m settlement in the event it closes a merger transaction and it would sign a cease and desist order. Last month, federal authorities arrested Michael Shvartsman, Gerald Shvartsman and Bruce Garelick and the three were named in an unsealed federal indictment. The all pleaded not guilty to insider dealing at a court in New York City this month. Read More Truth Social’s merger partner reaches $18m settlement with SEC

Michael Strahan's prolonged absence from 'GMA' left his fans worried and demanded his return

India is mourning campaigner and social reformer Bindeshwar Pathak who died on Tuesday, aged 80.

A barrage of Russian missiles greeted a delegation of African leaders arriving in Kyiv on Friday as part of a mission aiming to broker peace...

New Zealand head coach Ian Foster said he would sit down with some popcorn to enjoy seeing who his side will face in the Rugby World Cup final...

Arsenal forward Gabriel Jesus has admitted that scoring goals is not his "strong point". The Brazilian failed to find the net against Argentina in a World Cup qualifier, making it one goal in his last 29 international appearances.

When Lionel Messi's Inter Miami are next in action after they beat the New York Red Bulls on Messi's MLS debut on Sunday night.

The US and Israel issued a joint advisory to highlight what they called malicious cyber activity linked to

Felony convictions have been vacated for four former Navy officers in a sprawling bribery scandal due to prosecutorial misconduct

Lille airport in northern France is being evacuated due to a bomb scare, the airport said on Wednesday on social media platform X. “State security teams are on site,” the airport said. Two terminals at Paris-Beauvais Airport were also evacuated, according to local media site Courrier Picard, after a bomb threat. France is on its highest state of alert after the Oct. 13 murder of a teacher in a suspected Islamist attack. On Tuesday, the Palace of Versailles, one of France’s main tourist sites, was closed for a few hours, due to its second security scare in four days. Read More Russia-Ukraine war live: Kyiv uses US missiles against Putin’s forces for first time After taking Nagorno-Karabakh, Azerbaijan is eyeing a strategic strip of Armenia Ukraine has used long-range ATACMS missiles against Russia, Zelensky says

UConn coach Dan Hurley says freshman Stephon Castle will miss several games with a knee injury