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Feds Raid Newport Mansion, Arrest Businessman Accused Of Routing U.S. Technology To Iran
Feds Raid Newport Mansion, Arrest Businessman Accused Of Routing U.S. Technology To Iran
Federal authorities arrested 63 year old Newport Coast technology executive Jamshid Ghomi during an early-morning operation at his luxury Orange County residence on Wednesday, according to the NY Post.
He faces federal charges related to alleged violations of U.S. sanctions against Iran.
Investigators claim Ghomi orchestrated a long-running scheme to obtain American-made networking and computer equipment and funnel it to customers in Iran, including organizations tied to the country's military and nuclear sectors. According to prosecutors, the operation generated...
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Apr 12, 2026 / Dave DeCamp
US Lost 24 MQ-9 Reaper Drones in Iran War
The US military has lost around 24 MQ-9 Reaper drones since the US and Israel launched the war against Iran on February 28, CBS News has reported, citing unnamed US officials. MQ-9 Reapers cost at least $30 million each, meaning the US has lost at least $720 million worth of drones. Officials told CBS that […]
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Jun 2, 2026 / Tyler Durden
US Futures Dip As Questions Mount Over Relentless Tech Rally, Lack Of Peace Progress
US Futures Dip As Questions Mount Over Relentless Tech Rally, Lack Of Peace Progress
Futs are weaker but well off their overnight lows as the US is set to lag its global peers; according to JPM investors will need to watch to see if there is a beginning of a larger rotation similar to Jan-Feb or perhaps a slight pullback following the US’s multi-week run. As of 8:00am ET, S&P futures are down 0.2% after the artificial-intelligence trade fueled the S&P 500’s longest winning streak in more than a year,...
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Jul 28, 2026 / Tyler Durden
New British Defense Secretary Says Europe "Shaken Out Of Complacency" By Trump
New British Defense Secretary Says Europe "Shaken Out Of Complacency" By Trump
Authored by Guy Birchall via The Epoch Times,
Newly appointed British Defence Secretary Wes Streeting said on July 26 that Europe will one day thank U.S. President Donald Trump for “shaking us out of our complacency” on defense spending.
Speaking to British broadcaster Sky News, Streeting said that he genuinely believes “when this period of history is written, Europe will thank President Trump for shaking us out of our complacency and forcing us to stand on our own two feet...
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