Asset management giant Vanguard has been fined more than $100 million to settle charges related to disclosures around target date investment funds, the Securities and Exchange Commission announced Friday. The alleged violations stem from a 2020 change where Vanguard lowered the minimum investment requirement for its institutional target date funds. The SEC…
A group of high powered investors want to raise billions to form a new international basketball league, according to people familiar with the matter. The new organization would offer players equity, those people said. The investors aim to raise $5 billion for the league, which could serve as a rival…
Just three days before US President-elect Donald Trump returns to the White House, Russia and Iran are set to finally sign a “comprehensive partnership agreement,” a deal that’s been in the works for months. It’s a move that will refocus attention on a partnership that has shaped the battlefield in…
Cuban officials on Thursday freed a prominent opposition activist, a last-minute diplomatic change in fortunes for the Biden administration which had sought his release but long seemed unable to influence events on the island. Jose Daniel Ferrer, the leader of one of the largest banned anti-government groups in Cuba, was…
The British prime minister’s visit to Kyiv, his first since taking office in July, caps a week of hurried diplomatic activity by Ukraine’s NATO allies, keen to prove their commitment as uncertainty hangs over the incoming Trump administration. The “100-year partnership” – the centerpiece of Keir Starmer’s visit – did…
Seoul, South Korea (AP) — Lawyers for impeached South Korean President Yoon Suk Yeol failed in their court effort to secure his release on Thursday, a day after he was detained at his residence for questioning over rebellion allegations linked to his martial law declaration last month. Yoon was sent…
From Gaza to Greenland, the disruptive force of President-elect Donald Trump is being felt across the world, his incoming administration casting aside conventional diplomatic niceties in favor of an intensive global pressure campaign that already appears to be yielding results. In the Middle East, Trump quickly took credit for the…
A woman in Australia has been charged with poisoning a child and allegedly posting videos of the infant suffering online in order to garner viewers and donations, police said Thursday. The 34-year-old woman from the Sunshine Coast allegedly “administered several unauthorised prescription and pharmacy medicines to a one-year-old girl, who…
Pope Francis has fallen over and injured his right arm but did not suffer any broken bones, the Vatican says. In a statement, the Holy See press office said that due to a fall Thursday morning in the Casa Santa Marta, the pope’s residence, the 88-year-old pontiff “suffered a contusion…
A Pakistani court on Friday sentenced the country’s already-imprisoned former Prime Minister Imran Khan and his wife to 14 and seven years in jail after finding them guilty of corruption, officials and his lawyer said. The couple are accused of accepting a gift of land from a real estate tycoon…