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FTC Seeks To Hold Martin Shkreli In Contempt For Allegedly Violating Lifetime Pharmaceutical Industry Ban
FTC Seeks To Hold Martin Shkreli In Contempt For Allegedly Violating Lifetime Pharmaceutical Industry Ban
Federal regulators are seeking to hold Martin Shkreli in contempt of court, accusing the controversial former pharmaceutical executive of repeatedly violating a lifetime ban on participating in the drug industry.
The Federal Trade Commission, joined by seven states, filed a motion Tuesday alleging that Shkreli has continued trading pharmaceutical stocks and publicly commenting on drug companies despite a 2022 federal court injunction prohibiting him from involvement in the industry.
According to the FTC's filing, Shkreli has publicly...
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Jul 28, 2026 / Tyler Durden
"Good Things Could Happen"
"Good Things Could Happen"
By Molly Schwartz, cross-asset strategist at Rabobank
President Trump spoke with reporters yesterday aboard Air Force One, saying that the US is “meeting with Iran” and that “good things could happen”—with the “could” doing some heavy lifting. What the “good things” are, or when they “could happen,” is still TBD. The other alternative is that “if they don’t work out, [the US] will go back to very strong military action.” That, of course, is dependent on whether or not these talks are actually happening (or at least...
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Mar 12, 2026 / Kyle Anzalone
Ecuador Begins US-Backed Law Enforcement Operations, Orders Curfew
Ecuador says it will begin law enforcement operations against criminal activity in three regions with US support. Ecuador is a member of a US-led anti-cartel coalition in Latin America. Ecuadorian Interior Minister John Reimberg explained that the US was providing logistical support for the criminal crackdown. He requested that people in three provinces comply with […]
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May 21, 2026 / Tyler Durden
Quantum Stocks Erupt As U.S. Gov't Awards $2 Billion, Takes Equity Stakes
Quantum Stocks Erupt As U.S. Gov't Awards $2 Billion, Takes Equity Stakes
IBM and small-cap quantum names, including IonQ, D-Wave Quantum, Rigetti Computing, Infleqtion, and other peers, are surging in New York premarket trading after a Wall Street Journal report said the Trump administration is preparing to award $2 billion in CHIPS Act grants to nine quantum-computing companies.
IBM is set to receive half of the $2 billion tranche, or about $1 billion, as the large-cap leader in the race to build quantum computing systems that could revolutionize national security, accelerate...
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