Daily Archives: April 13, 2022

Russian Netflix Users Sue Streaming Giant for Leaving Market – RIA

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Russian users of Netflix NFLX.O have launched a class action lawsuit against the streaming giant for leaving the Russian market, demanding 60 million roubles ($726,000) in compensation, the RIA news agency reported on Wednesday.  Netflix Inc said in March that it suspended its service in Russia and had temporarily stopped all future projects and acquisitions in the country as it assessed the impact of Moscow’s invasion of Ukraine. “Today, a law firm representing the interests of Netflix users filed a class action lawsuit against the American Netflix service with the …

UN: COVID Plunged 77 Million Into Poverty Before Ukraine War

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The pandemic plunged 77 million more people into extreme poverty last year and many developing countries can’t recover because of the crippling cost of debt repayments — and that was before the added impact of the war in Ukraine, a U.N. report said Tuesday. The report said rich countries could support their recovery from pandemic slumps with record amounts borrowed at ultra-low interest rates. But the poorest countries spent billions of dollars servicing their debts and faced much higher borrowing costs, preventing them from spending on improving education and health …

Former California Executive Gets Prison for $1 Billion Solar Fraud

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A former energy executive in California who took part in $1 billion solar power fraud that bilked Warren Buffett’s company and many others was sentenced Tuesday to six years in federal prison and ordered to pay $624 million in restitution. Robert A. Karmann, 55, of Clayton was the chief financial officer for DC Solar, a company based in Benicia in the San Francisco Bay Area that sold mobile solar generator units mounted on trailers. The company marketed the generators between 2011 and 2018 as being able to provide emergency power …

Elon Musk Accused of Breaking Law While Buying Twitter Stock

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Elon Musk’s huge Twitter investment took a new twist Tuesday with the filing of a lawsuit alleging that the colorful billionaire illegally delayed disclosing his stake in the social media company so he could buy more shares at lower prices. The complaint in New York federal court accuses Musk of violating a regulatory deadline to reveal he had accumulated a stake of at least 5%. Instead, according to the complaint, Musk didn’t disclose his position in Twitter until he’d almost doubled his stake to more than 9%. The lawsuit alleges …

COVID-19, Overdoses Pushed US to Highest Death Total Ever

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2021 was the deadliest year in U.S. history, and new data and research are offering more insights into how it got that bad.  The main reason for the increase in deaths? COVID-19, said Robert Anderson, who oversees the Centers for Disease Control and Prevention’s work on death statistics.  The agency this month quietly updated its provisional death tally. It showed there were 3.465 million deaths last year, or about 80,000 more than 2020’s record-setting total.  Early last year, some experts were optimistic that 2021 would not be as bad as …

Gilbert Gottfried, Actor and Comic’s Comic, Dies at 67

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Gilbert Gottfried, the actor and legendary standup comic known for his raw, scorched voice and crude jokes, has died. He was 67. Gottfried died from a rare genetic muscle disease that can trigger a dangerously abnormal heartbeat, his publicist and longtime friend Glenn Schwartz said in a statement. “In addition to being the most iconic voice in comedy, Gilbert was a wonderful husband, brother, friend and father to his two young children. Although today is a sad day for all of us, please keep laughing as loud as possible in …