Oil Prices Extend Gains After Another Big Crude Draw, Cushing 'Tank Bottoms' Loom

Tate Brothers To Remain In Jail In Miami As They Fight Extradition To UK Authored by Tom Ozimek via The Epoch Times, A federal judge in Florida said Monday that social media influencers Andrew and Tristan Tate will remain in a Miami jail for at least two more weeks as they fight extradition to the United Kingdom, where the brothers are accused of rape and sex trafficking. On July 27, U.S. Magistrate Judge Lauren Louis set a detention hearing for Aug. 13 to determine whether the Tates should be released during an...

Mark Walter Probe Puts Wall Street's Insurance-Private Credit Machine Under DoJ Scrutiny An ongoing federal investigation into billionaire Mark Walter's business empire is raising alarm bells about Wall Street's use of insurance capital to finance private credit and other illiquid investments.  Bloomberg reported that Walter's TWG Global holding company said in a filing that it will wind down its exposure to affiliated businesses by up to $6.5 billion after the transactions drew scrutiny from federal investigators. This comes after the Department of Justice homed in on loans that should've been marked...

"Sub-Second Detect- To-Fire": Futuristic Dome Turret Could Be US Military's Answer To Drone Swarms Picket Defense Systems is developing a next-generation counter-drone turret designed to eliminate the delays conventional systems face when targeting fast-moving, one-way attack drones or incoming swarms. This is a major vulnerability confronting the US military and allied forces as drone threats proliferate across modern battlefields that Picket plans to solve. Its Inferno RTC uses a 54-barrel hemispherical array that continuously maintains 360-degree coverage, allowing the turret to select and fire the optimal barrel without needing to rotate...