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Combustion engine lives: General Motors invests nearly $1 billion in V8 engines: GM is investing nearly $1 billion in several plants - most of it to develop the ...
op-online.de/leben/auto/verbrenner-v8-small-block-werke-general-motors-gm-motoren-investition-milliarde-dollar-euro-zr-92054915.html
Combustion engines are alive: General Motors is investing almost a billion dollars in the next V8 generation
come-on.de/leben/auto/verbrenner-v8-small-block-werke-general-motors-gm-motoren-investition-milliarde-dollar-euro-zr-92054915.html
Combustion engine lives: General Motors is investing nearly a billion dollars in next-generation V8s
wa.de/leben/auto/verbrenner-v8-small-block-werke-general-motors-gm-motoren-investition-milliarde-dollar-euro-zr-92054915.html
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Combustion engine lives: General Motors invests nearly $1 billion in V8 engines: GM is investing nearly $1 billion in several plants - most of it to develop the ...
op-online.de/leben/auto/verbrenner-v8-small-block-werke-general-motors-gm-motoren-investition-milliarde-dollar-euro-zr-92054915.html
Combustion engines are alive: General Motors is investing almost a billion dollars in the next V8 generation
come-on.de/leben/auto/verbrenner-v8-small-block-werke-general-motors-gm-motoren-investition-milliarde-dollar-euro-zr-92054915.html
Combustion engine lives: General Motors is investing nearly a billion dollars in next-generation V8s
wa.de/leben/auto/verbrenner-v8-small-block-werke-general-motors-gm-motoren-investition-milliarde-dollar-euro-zr-92054915.html
Combustion engine lives: General Motors is investing nearly a billion dollars in next-generation V8s
soester-anzeiger.de/leben/auto/verbrenner-v8-small-block-werke-general-motors-gm-motoren-investition-milliarde-dollar-euro-zr-92054915.html
Tesla shares take off in double digits: Elon Musk can convince the stock market: Tesla shares rise 13% in after-hours despite missed expectations ...
boerse-online.de/nachrichten/aktien/tesla-aktie-hebt-zweistellig-ab-damit-kann-elon-musk-die-boerse-ueberzeugen-20355987.html
Quick Glance: Tesla: Prices Reduced in Germany - Musk's Strategies
- Tesla lowers prices in Germany to increase inventory and sales.
- Elon Musk addresses price complaints and emphasizes the need for flexible pricing.
- Buyers of Tesla vehicles during expensive phases may face depreciation.
- Tesla implements additional measures to boost sales, such as price cuts in the USA and adjustments in the Supercharger network.
Investors Focus on Labor Costs as GM Prepares to Report Earnings: For 2024, GM expects an operating profit of about $13 billion, up from the $12 ...
barrons.com/articles/labor-contract-gm-earnings-94226fac
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GM shared our driving data with insurers without consent, lawsuit claims: Motorists file class action alleging breach of contract and more after their premiums ...
theregister.com/2024/04/23/gm_insurance_class_action/
Asia Hawks on Alert After Indonesia Shock Rate Hike to Defend Rupiah (IDR USD): Investors are looking for the next policy domino to fall in Asia amid an ...
bloomberg.com/news/articles/2024-04-25/asia-s-hawks-get-put-on-alert-after-indonesia-s-shock-rate-hike
Yen Inches Closer to Intervention Point as BOJ Meeting Starts: Yen traders are bracing themselves for a redux of September 2022, when Japan intervened in the ...
bloomberg.com/news/articles/2024-04-25/yen-inches-closer-to-intervention-point-as-boj-meeting-starts
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General Motors beats quarterly results targets, raises forecast: General Motors on Tuesday posted quarterly results that topped Wall Street targets and raised ...
reuters.com/business/autos-transportation/general-motors-beats-quarterly-results-targets-raises-forecast-2024-04-23/
GM CEO Barra compensation fell 4% in 2023 to $27.8 million: General Motors CEO Mary Barra's total compensation in 2023 fell 4% to $27.8 million, the largest U.S ...
reuters.com/business/autos-transportation/gm-ceo-barra-compensation-fell-4-2023-278-million-2024-04-24/
Chicago Bears sign assistant GM Ian Cunningham to a contract extension: Ian Cunningham, who was was hired by Chicago Bears GM Ryan Poles in January 2022 ...
chicagotribune.com/2024/04/24/chicago-bears-ian-cunningham-contract-extension/
GM trucks drive Q1 profitability as EVs begin to gain traction: GM positive now that contract talks with the United Auto Workers are over, and its ability to ...
detroitnews.com/story/business/autos/general-motors/2024/04/23/gm-trucks-drive-q1-profitability-as-evs-begin-to-gain-traction/73425637007/
How China Can Keep the Global Electric Vehicle Market Aloft: BloombergNEF expects the country’s plug-in car sales to approach 10 million this year.
bloomberg.com/news/newsletters/2024-04-23/how-china-can-keep-the-global-electric-vehicle-market-aloft
Nvidia is also there: Will these 2 AI stocks actually crash by up to 65% soon?: On Friday, AI stocks like Nvidia suffered a severe setback on the stock exchanges ...
boerse-online.de/nachrichten/aktien/auch-nvidia-ist-dabei-stuerzen-diese-2-ki-aktien-tatsaechlich-bald-um-bis-zu-65-ab-20355935.html
How G.M. Tricked Millions of Drivers Into Being Spied On (Including Me): This privacy reporter and her husband bought a Chevrolet Bolt in December ...
nytimes.com/2024/04/23/technology/general-motors-spying-driver-data-consent.html
Bitcoin Holds Steady After ‘Halving’ Concludes: Bitcoin price falls slightly after the fourth ‘halving’ event concludes.
barrons.com/articles/bitcoin-ethereum-price-crypto-markets-today-6266eba3
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Biden announces immediate delivery of military aid to Ukraine: After the House of Representatives and Senate approved the new military aid for Ukraine ...
tagesschau.de/ausland/amerika/usa-biden-ukraine-hilfen-100.html
Yen's slide toward 160 level could trigger action, says senior ruling party official
reuters.com/markets/asia/yens-slide-toward-160-level-could-trigger-action-says-senior-ruling-party-2024-04-24/
How Tesla’s record-breaking run came crashing to a halt: Are the wheels finally falling off for Elon Musk’s half-a-trillion dollar company?
independent.co.uk/tech/tesla-robotaxi-sales-cybertruck-elon-musk-b2534104.html
You can power your home for 21 days with a Chevy Silverado EV and GM’s new bidirectional charger
electrek.co/2024/04/18/you-can-power-your-home-for-21-days-with-a-chevy-silverado-ev-and-gms-new-bidirectional-charger/
Trump campaign asks for portion of fundraising from candidates who use his name or image
thehill.com/homenews/campaign/4602450-trump-campaign-fundraising-candidates-2024-november/
Quick Glance: Trump campaign seeks share of candidates' donations
- The Trump campaign asks Republican candidates using his name and image in fundraising appeals to give at least 5 percent of the proceeds to the campaign.
- The purpose of the 5 percent request is to prevent 'scammers' from misusing Trump's brand and affecting his fundraising efforts.
- Trump is struggling to catch up to Biden's fundraising and aims to boost his campaign account with the help of donors.
- The campaign warns of consequences for vendors and requests compliance with guidelines to avoid suspension of business relationships.
NGN/USD: Nigeria’s FX Reserves Plunge In Tandem With Naira Rebound: Nigeria is burning through foreign-exchange reserves at a rate not seen in four years ...
bloomberg.com/news/articles/2024-04-16/ngn-usd-nigeria-s-fx-reserves-plunge-in-tandem-with-naira-rebound
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ZiG/USD: Zimbabwe's New Currency to Spur De-Dollarization, Vice President Says
bloomberg.com/news/articles/2024-04-24/-zig-usd-zimbabwe-s-zig-a-step-toward-abandoning-us-dollars-official-says
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Doritos and Oreos for Dinner? Big Junk Food Steps Up Its Push: Meanwhile, the multibillion-dollar industry is telling the anti-processed foods movement to chill ...
bloomberg.com/news/articles/2024-04-23/doritos-and-oreos-for-dinner-big-junk-food-steps-up-its-push
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Former US President in court: The most important quotes from the opening statements in the Trump trial
spiegel.de/ausland/donald-trump-die-wichtigsten-zitate-aus-den-eroeffnungsplaedoyers-im-prozess-a-86e04eea-cd27-4425-902c-89019d2d046f
Automakers hope for a cut as two-way EV charging becomes real: Automakers from General Motors to Volvo Cars , alongside utilities and charging app operators are ...
reuters.com/business/autos-transportation/automakers-hope-cut-two-way-ev-charging-becomes-real-2024-04-22/
GM and Ford count on gas-powered trucks as EV growth slows: U.S. automakers General Motors and Ford face a challenge in common when they report first-quarter ...
reuters.com/business/autos-transportation/gm-ford-count-gas-powered-trucks-ev-growth-slows-2024-04-19/
Morning Bid: Risk asset resilience, Indonesia's rate call: A look at the day ahead in Asian markets.
reuters.com/markets/asia/global-markets-view-asia-graphic-pix-2024-04-23/
Boeing 737 Max: Company loses billions in first quarter: The crisis surrounding the problem aircraft is costing the manufacturer Boeing a lot: the aircraft ...
faz.net/aktuell/wirtschaft/unternehmen/boeing-737-max-unternehmen-verliert-im-ersten-quartal-milliardensumme-19676691.html
Quick Glance: Boeing faces revenue decline after 7 quarters with decreasing deliveries
- Boeing experienced a revenue decline in the last quarter, marking the first time in seven quarters as aircraft deliveries decrease.
- The quarterly revenue amounted to $16.57 billion, surpassing the expectations of $16.23 billion.
- Boeing aims to deliver a significant portion of its inventory of 737s and 787s by the end of the year to generate much-needed capital.
- Operating margins at Boeing's defense business improved to 2.2% in the quarter, compared to a negative value of 3.2% a year ago.
Morning Bid: Eyes on PMIs for rebound signs: A look at the day ahead in European and global markets from Tom Westbrook
reuters.com/markets/europe/global-markets-view-europe-2024-04-23/
Quick Glance: Overview: Tesla Stocks Plummet, Europe Business Surpasses Expectations
- World markets have brightened slightly this week, but Tesla is facing a critical earnings test, while Europe's business pulse has surprisingly been lively this month.
- Following the worst week on Wall Street since 2022, relief from easing Middle East tensions helped stabilize the situation on Monday. The chip giant Nvidia made a modest recovery from losses as Big Tech megacaps gear up for quarterly earnings releases.
- As the first of the 'Magnificent 7' Vanguard stocks, electric vehicle giant Tesla will report on Tuesday, having plummeted by a substantial 43% year-to-date and nearly 60% over the past two years amidst fierce price competition, declining EV demand, and governance/product concerns.
- While Big Tech jitters define this month's market fluctuations, investors will closely watch the upcoming results for a clearer perspective.
Recto Sees Philippine Rate-Cut Delay Risk If Peso Down to 59: Philippine Finance Secretary Ralph Recto cautioned that his nation may see a delay in interest-rate ...
bloomberg.com/news/articles/2024-04-19/philippines-recto-sees-rate-cut-delay-risk-if-peso-sinks-to-59
PBOC’s Easier Yuan Defense (CNY USD) May Stem From Trade-Weighted Strength: Beijing’s currency defense against the dollar risks coming undone by the side effect ...
bloomberg.com/news/articles/2024-04-18/pboc-s-easier-grip-on-yuan-may-stem-from-trade-weighted-strength
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Trump sounds alarm on strong dollar boomeranging over Asia: The power of the dollar over weaker Asian currencies is attracting attention as the prospect of ...
thehill.com/business/4615958-trump-sounds-alarm-on-strong-dollar-boomeranging-over-asia/
China’s Big Data Release to Show If Economy Rebounded
bloomberg.com/news/live-blog/2024-04-16/china-quarterly-gdp-key-data
GM Raises Profit Guidance as Truck Sales Overshadow China Slump: General Motors Co. expects better profit this year after a strong first quarter ...
bloomberg.com/news/articles/2024-04-23/gm-raises-profit-guidance-as-truck-sales-overshadow-china-slump
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Asia Budget-Store Billionaires Get Richer From Inflation Pain: Not everyone is a loser when it comes to inflation.
bloomberg.com/news/articles/2024-04-17/billionaires-selling-cheap-stuff-get-richer-from-inflation-pain
Bitcoin XBTUSD Halving Cuts Supply of New Tokens in Threat to Miners: A highly anticipated Bitcoin software update called the “halving” has been completed ...
bloomberg.com/news/articles/2024-04-20/bitcoin-halving-cuts-supply-of-new-tokens-in-threat-to-miners
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Quick Glance: Bitcoin 'Halving' Completed, CoinGecko Reports
- Bitcoin, the world's largest cryptocurrency, completed its 'halving' on Friday, a phenomenon that occurs roughly every four years according to CoinGecko.
- Following the 'halving', Bitcoin remained relatively stable, dropping by 0.47% to $63,747.
- The 'halving' was integrated into Bitcoin's code at its inception to reduce the rate of new Bitcoins being created.
- Experts are divided on whether the upcoming 'halving' will boost Bitcoin's price, with some viewing it as already factored in, while others remain skeptical.
GM Stock Accelerates After Earnings. Here's Why: General Motors beat expectations for the first quarter and raised its outlook for the year ...
kiplinger.com/investing/stocks/gm-stock-accelerates-after-earnings-heres-why
Ringgit rebounds on softer US$ after PMI data: KUALA LUMPUR: The ringgit rebounded in early trade Wednesday as the US dollar retreated after S&P Purchasing ...
thestar.com.my/business/business-news/2024/04/24/ringgit-rebounds-on-softer-us-after-pmi-data
BYD’s Push Into Electric SUVs and Premium Cars Is a Threat to More Than Just Tesla
barrons.com/articles/byd-tesla-stock-models-0d9d7fc9
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Asia’s central bankers struggle to contain strong US dollar: Shifting US interest rate expectations put pressure on Japan’s yen and China’s renminbi
ft.com/content/ad6c7827-a476-412d-899f-a1a12845b6e5
Fee for platform X: Musk: new users should pay: Anyone who sets up a new account on X will have to pay in future. Elon Musk wants to beat annoying bots with a ...
zdf.de/nachrichten/wirtschaft/unternehmen/musk-x-gebuehr-100.html
Quick Glance: Musk Plans Fee for New X Users
- Elon Musk intends to charge new users of X in the initial months to curb the activity of automated bot accounts.
- The fee is set to be waived after three months to allow free posting.
- Tests in New Zealand and the Philippines raised skepticism about the effectiveness of the fee as a countermeasure against bots.
- Declining revenues at X post-rebranding and Twitter acquisition, along with a negative brand perception by companies, are impacting the service's business.
Bitcoin Keeps Falling. More Losses May Come Before ‘Halving’ Ushers in $100,000.: Bitcoin prices have fallen this week ahead of a key crypto catalyst ...
barrons.com/articles/bitcoin-ethereum-price-crypto-markets-today-ab15b162
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ZIG/USD: Zimbabwe's Currency Crisis Is Benefitting Small Informal Traders: The country has introduced a new currency to stop retailers from losing ground to ...
bloomberg.com/news/articles/2024-04-16/zig-usd-zimbabwe-s-currency-crisis-is-benefitting-small-informal-traders
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General Motors (GM) Ends OnStar Smart Driver Program After Privacy Complaints: General Motors Co. has ended its OnStar Smart Driver program after customers ...
bloomberg.com/news/articles/2024-04-24/gm-ends-onstar-driver-safety-program-after-privacy-complaints
RenCen isn’t an architectural jewel. Tear it down. | Letters to the Editor: General Motors is moving out of Detroit's RenCen. Freep readers share thoughts on ...
freep.com/story/opinion/readers/2024/04/18/gm-rencen-renaissance-center-detroit-waterfront-repurpose-demolition/73356433007/
With just three stocks, Bill Gates earns $1 million in dividends every day: Bill Gates earns over $1 million a day from dividends from Microsoft ...
boerse-online.de/nachrichten/aktien/mit-nur-drei-aktien-verdient-bill-gates-jeden-tag-1-million-dollar-dividende-20355569.html
"Gender pay gap" in basketball: super-talented Caitlin Clark's salary causes outrage
spiegel.de/sport/basketball/gender-pay-gap-im-basketball-gehalt-von-caitlin-clark-sorgt-fuer-empoerung-a-0e06030e-1af4-4720-a5b1-6e9887e6180f
NGN/USD: Nigeria’s FX Reserves Plunge In Tandem With Naira Rebound: Nigeria is burning through foreign-exchange reserves at a rate not seen in four years ...
bloomberg.com/news/articles/2024-04-16/ngn-usd-nigeria-s-fx-reserves-plunge-in-tandem-with-naira-rebound
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Tesla cuts prices for 3 of its EV models in US following a difficult week: Tesla knocked USD 2,000 off the prices of three of its five models in the United ...
business-standard.com/world-news/tesla-cuts-prices-for-3-of-its-ev-models-in-us-following-a-difficult-week-124042000759_1.html
Dollar's dominant reserve currency status to endure, says Morgan Stanley: The U.S. dollar's dominant reserve currency status is likely to endure partly because ...
reuters.com/markets/currencies/dollars-dominant-reserve-currency-status-endure-says-morgan-stanley-2024-04-18/
Doyel: Colts GM Chris Ballard wants playmakers for QB Anthony Richardson in 2024 NFL Draft
indystar.com/story/sports/columnists/gregg-doyel/2024/04/19/colts-offseason-puts-pressure-on-gm-chris-ballard-in-2024-nfl-draft/73339407007/
Scoop: Obama joins Biden in new digital ads aimed at small-dollar donors: The jokey, folksy ads are heavy on the two presidents' buddy routine.
axios.com/2024/04/19/biden-obama-ads-donations-small-dollar-donors
Billion-dollar package: US House of Representatives approves aid for Ukraine: Republicans in the US House of Representatives have been blocking further military ...
spiegel.de/ausland/us-repraesentantenhaus-gibt-hilfen-fuer-ukraine-frei-a-7f595f56-72de-4b59-8118-14d229da6db7
Sterling wavers as markets gauge reported Israeli attack on Iran: The pound was little changed on Friday after falling to a five-month low against the dollar in ...
reuters.com/markets/currencies/sterling-wavers-markets-gauge-reported-israeli-attack-iran-2024-04-19/
Indian rupee drops to record low as risk aversion boosts dollar: The Indian rupee opened to a record low on Friday as reports of Israeli strikes in Iran prompted ...
reuters.com/markets/currencies/indian-rupee-drops-record-low-risk-aversion-boosts-dollar-2024-04-19/
Asia Steps Up Currency Defense as Mideast Strife Roils Market: Central banks from Jakarta to Seoul intensified the defense of their currencies ...
bloomberg.com/news/articles/2024-04-19/asia-steps-up-currency-defense-as-mideast-strife-roils-market
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Ringgit opens higher despite greenback strength: KUALA LUMPUR: The ringgit opened higher against the US dollar today although the greenback’s appeal as a ...
thestar.com.my/business/business-news/2024/04/17/ringgit-opens-higher-despite-greenback-strength
Non-stop from Bangkok, Thailand to Hong Kong for only $117 USD roundtrip: Non-stop flights from Bangkok, Thailand to Hong Kong for only $117 USD roundtrip.
secretflying.com/posts/bangkok-thailand-to-hong-kong-for-only-149-usd-roundtrip/
Automakers hope for a cut as two-way EV charging becomes real: Automakers from General Motors to Volvo Cars , alongside utilities and charging app operators are ...
reut.rs/4aEL8iG
Sipri report: Global military spending at all-time high: With many wars and conflicts, global military spending rose to an all-time high last year ...
zdf.de/nachrichten/politik/ausland/sipri-militaerausgaben-waffen-100.html
Sell: The Bloomberg Close, Asia Edition : Good afternoon. Here’s what you need to know to end your day.
bloomberg.com/news/newsletters/2024-04-16/sell-the-bloomberg-close-asia-edition
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GM will relocate headquarters from RenCen to Detroit's new Hudson's building: GM CEO Mary Barra and Rocket Companies CEO Dan Gilbert announced that GM will move ...
freep.com/story/money/cars/general-motors/2024/04/15/gm-headquarters-rencen-detroit-hudsons-tower/73328040007/
Climate Risks Fuel Niche Market in Customized Muni-Bond Funds: US states and municipalities face a daunting challenge — and added costs — girding against weather ...
bloomberg.com/news/articles/2024-04-16/climate-risks-fuel-niche-market-in-customized-muni-bond-funds
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Paraguay Eyes Window to Further De-dollarize Debt in Second Half: Paraguay might swap some of its US dollar debt for longer duration local currency bonds in the ...
bloomberg.com/news/articles/2024-04-18/paraguay-eyes-window-to-further-de-dollarize-debt-in-second-half
Ringgit easier against US dollar at closing: KUALA LUMPUR: The ringgit continued its downtrend today to end lower against the greenback due to continued positive ...
thestar.com.my/business/business-news/2024/04/16/ringgit-easier-against-us-dollar-at-closing
Why a stronger dollar is dangerous: It sets the stage for a nasty new Trump-China clash, among other things
economist.com/finance-and-economics/2024/04/23/why-a-stronger-dollar-is-dangerous
Zimbabwe Hopes to Start IMF Program This Year to Clear Debt: Zimbabwe, banished from capital markets since 1999 for defaulting on its debt ...
bloomberg.com/news/articles/2024-04-17/zimbabwe-hopes-to-start-staff-monitored-imf-program-this-year
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5* Le Grande Bali in Bali, Indonesia for only $28 USD per night: Stay at the 5* Le Grande Bali in Bali, Indonesia for only $28 USD per night.
secretflying.com/posts/5-le-grande-bali-in-bali-indonesia-for-only-28-usd-per-night/
Why the EPA Is Cracking Down on PFAS in Drinking Water: Used to make coatings and products that resist heat, oil, stains, grease and water ...
bloomberg.com/news/articles/2024-04-16/why-the-epa-is-cracking-down-on-pfas-in-drinking-water
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Kuala Lumpur, Malaysia to Perth, Australia for only $172 USD roundtrip: Cheap flights from Kuala Lumpur, Malaysia to Perth, Australia for only $172 USD roundtrip ...
secretflying.com/posts/kuala-lumpur-malaysia-perth-australia-240-usd-roundtrip/
The Dollar Is Rising. It’s a Problem for the Stock Market.: The U.S. Dollar Index is at just over 105, up a bit more than 3% from a low point hit in early March.
barrons.com/articles/dollar-strong-stocks-earnings-0cdea198
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Asian finance officials raise ‘serious concerns’ over strong dollar: Emerging-market currencies have been under pressure from shifting US interest rate ...
ft.com/content/63c36478-8cf3-438e-91e2-97a8888773d1
SHOWER IN THE AIR: First Class from Bangkok, Thailand to Hong Kong for only $891 USD roundtrip
secretflying.com/posts/shower-in-the-air-first-class-from-bangkok-thailand-to-hong-kong-for-only-960-usd-roundtrip-on-emirates-a380
USD Dollar Heads for Best Run in Year in Bet on Fed Delaying Cuts: The dollar is headed for its biggest rally in over a year on expectations US interest rates ...
bloomberg.com/news/articles/2024-04-16/usd-dollar-heads-for-best-run-in-year-in-bet-on-fed-delaying-cuts
GM hopes new EVs like the $35K electric Chevy Equinox will help win back market share
electrek.co/2024/04/23/gm-hopes-35k-chevy-equinox-ev-win-back-market-share/
Sipri study: Germany is becoming Europe's arms giant - and dictatorships are profiting from it
berliner-zeitung.de/politik-gesellschaft/geopolitik/sipri-studie-deutschland-wird-europas-ruestungsriese-und-diktaturen-profitieren-davon-li.2208220
Vote in the US House of Representatives: Selenskyj thanks for "significant package"
tagesschau.de/ausland/usa-ukraine-116.html
ZIG/USD: Zimbabwe Central Bank Chief Says He’ll Curb Excessive ZiG Gains: Zimbabwe, whose currency declined 80% before being abandoned, is now worried about its ...
bloomberg.com/news/articles/2024-04-18/zig-usd-zimbabwe-central-bank-chief-says-he-ll-curb-excessive-zig-gains
As India's Economy Grows, Optiver, HSBC, UBS Lead Hiring Boom in Finance: The country has become a global hiring hotspot amid surging wealth and investor ...
bloomberg.com/news/articles/2024-04-11/india-s-top-traders-are-raking-in-million-dollar-salaries-as-china-slows
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Non-stop from New York, USA to the US Virgin Islands for only $231 roundtrip (& vice versa for $231 USD)
secretflying.com/posts/new-york-to-the-us-virgin-islands-for-only-226-roundtrip/
Larry Nassar case: US Department pays turn abuse victims 138.7 million dollars: US sports doctor Larry Nassar abused 265 female gymnasts. The fact that he was ...
spiegel.de/sport/fussball/fall-larry-nassar-us-ministerium-zahlt-turn-missbrauchsopfern-138-7-millionen-dollar-a-58e019de-1590-4ce7-b810-08e0bdb11a82
Quick Glance: US Government Agrees to $138.7M Settlement Over FBI's Mishandling of Larry Nassar Assault Allegations
- The U.S. Justice Department announced a $138.7 million settlement with over 100 individuals who accused the FBI of mishandling sexual assault allegations against Larry Nassar in 2015 and 2016.
- A total of $1 billion has now been allocated by various organizations to compensate numerous women who were victims of Nassar's assaults disguised as sports injury treatments.
- FBI Director Christopher Wray expressed regret for the agency's inaction despite being aware of allegations against Nassar for over a year, emphasizing the need for accountability and justice for the survivors.
- The settlements aim to provide critical support for the victims of Nassar's crimes to aid in their healing process, with the Justice Department agreeing to settle 139 claims in response to the agreement.
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