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Swalwell Denies Rape Allegations - Refuses to Drop Out Of Governor's Race Despite Democrat Exodus
Swalwell Denies Rape Allegations - Refuses to Drop Out Of Governor's Race Despite Democrat Exodus
The latest:
• Eric Swalwell’s California governor campaign collapsed after sexual assault allegations.
• Former staffer alleged harassment plus two assaults while she was intoxicated.
• Four women total have accused Swalwell of sexual misconduct.
• Swalwell denies all claims as false and politically motivated.
• Major Democratic allies withdrew support and called for him to exit the race.
- Update (as of Saturday morning): Since the San Francisco Chronicle story and initial fallout (including Hakeem Jeffries’ call for Swalwell to...
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Aug 25, 2026 / Tyler Durden
Scandal-Plagued KPMG To Cut Australian Workforce Following Government Contract Suspension
Scandal-Plagued KPMG To Cut Australian Workforce Following Government Contract Suspension
A major consultancy firm under fire for misconduct in its audit business is cutting its local workforce following a suspension from applying for new government contracts.
KPMG’s U.S. headquarters at Two Manhattan West. Photo via Emily Louick Photography and Entropy Film Works Inc.
KPMG - one of the "Big Four" accounting firms alongside Deloitte, PwC, and EY - revealed on Aug. 24 that its annual revenue dipped 1 percent to $2.26 billion (US$1.62 billion) in fiscal 2026. The firm also warned of...
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Apr 21, 2026 / Tyler Durden
Domestic Flights To Resume In Iran Tuesday, Even As Ceasefire's End Looms Large
Domestic Flights To Resume In Iran Tuesday, Even As Ceasefire's End Looms Large
The two-week Iran ceasefire ends Wednesday, and President Trump is saying he doesn't plan to extend it if a second round of talks in Pakistan fail. These Islamabad talks, it should be noted, have not so much as even gotten off the ground.
President Trump has further said "lots of bombs" will fall if there is no deal, and if Iran doesn't hand over its nuclear material. And yet the Iranians are remaining defiant and proving their resiliency...
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Mar 23, 2026 / Tyler Durden
OpenAI Lures Private-Equity Firms With 17.5% Guaranteed Returns As AI Rivals Race For Enterprise Deals
OpenAI Lures Private-Equity Firms With 17.5% Guaranteed Returns As AI Rivals Race For Enterprise Deals
OpenAI, the maker of ChatGPT, is offering private-equity firms a more generous financial package than rival Anthropic as the two artificial-intelligence companies court buyout shops to create joint ventures aimed at raising fresh capital and accelerating the rollout of enterprise AI products.
To lure PE firms, OpenAI is promising investors a guaranteed minimum return of 17.5%, a figure significantly above what is typical for preferred equity instruments, according to people familiar with the discussions who spoke...
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