Core Viewpoint - Four individuals have been indicted for attempting to illegally export Nvidia chips valued at millions of dollars to China and Hong Kong, violating U.S. export restrictions [1][2][3] Group 1: Indictment Details - The defendants are charged with conspiracy to violate the Export Control Reform Act of 2018, specifically related to the export of Nvidia chips to China and Hong Kong after routing them through Malaysia and Thailand [2][3] - The indictment highlights that the chips involved, including Nvidia's A100 and H200 GPUs, are highly restricted due to their applications in artificial intelligence and supercomputing [3][4] - The alleged scheme began in September 2023, with the indictment filed on November 13 in U.S. District Court in Tampa, Florida [3][4] Group 2: Individuals Involved - Brian Curtis Raymond, identified as the chief technology officer of an AI cloud company, was involved in the conspiracy and had previously owned a technology products distributor licensed to sell Nvidia GPUs [5][9] - Mathew Ho, another defendant, acted as an intermediary for unlawful exports and submitted false documentation regarding the shipments [6][7] - The other defendants, Jing Chen and Cham Li, were also arrested and are charged with similar offenses, including conspiracy and violations of the Export Control Reform Act [11][12][13] Group 3: Financial Transactions - Raymond faces multiple charges, including seven counts of money laundering related to wire transfers exceeding $3.4 million from a Chinese company to his business [10] - Ho is charged with nine counts of money laundering connected to $4 million in wire transfers from a Chinese company to his and Raymond's businesses [12]

NEW YORK, Nov. 20, 2025 (GLOBE NEWSWIRE) -- Levi & Korsinsky, LLP notifies investors in CarMax, Inc. ("CarMax, Inc." or the "Company") (NYSE: KMX) of a class action securities lawsuit. CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of CarMax, Inc. investors who were adversely affected by alleged securities fraud between June 20, 2025 and September 24, 2025. Follow the link below to get more information and be contacted by a member of our team: https://zlk.com/pslra-1/carmax-inc-lawsuit-subm ...

More businesses are signing onto Intuit's QuickBooks platform in an effort to cut down on hours of administrative work by automating accounting, invoicing and payroll processes, CFO Sandeep Aujla said... ...

What do we learn about what's happening here. Why is the United pulling these issues. Yeah.So first of all, thank you so much for having me. And yeah, this week we saw that United was coming to the municipal bond market with an around $522 million deal. So the debt was issued by Houston.But on behalf of United Airlines and those bonds, we're going to fund a variety of different projects at the airport, as well as a refinancing. And so the debt was supposed to price on Tuesday. And we heard on Wednesday that ...

After moving sharply higher early in the session, stocks showed a substantial downturn over the course of the trading day on Thursday. The major averages pulled back well off their early highs and tumbled firmly into negative territory.The major averages ended the day just off their lows of the session. The Nasdaq plummeted 486.18 points or 2.2 percent to 22,078.05, the S&P 500 plunged 103.40 points or 1.6 percent to 6,538.76 and the Dow slumped 386.51 points or 0.8 percent to 45,752.26,Early in the sessio ...

LOS ANGELES--(BUSINESS WIRE)--Glancy Prongay & Murray LLP, a leading national shareholder rights law firm, today announced that it has commenced an investigation on behalf of Sanara MedTech Inc. ("Sanara†or the "Company†) (NASDAQ: SMTI) investors concerning the Company's possible violations of the federal securities laws. IF YOU ARE AN INVESTOR WHO LOST MONEY ON SANARA MEDTECH INC. (SMTI), CLICK HERE TO INQUIRE ABOUT POTENTIALLY PURSUING CLAIMS TO RECOVER YOUR LOSS. What Happened? On Novem. ...

CLEVELAND--(BUSINESS WIRE)--TFS Financial Corporation (NASDAQ: TFSL) (the "Company†), the holding company for Third Federal Savings and Loan Association of Cleveland (the "Association†), today announced that the Board of Directors declared a quarterly cash dividend of $0.2825 per share, payable on December 16, 2025, to stockholders of record on December 2, 2025. Third Federal Savings and Loan Association of Cleveland, MHC (the "MHC†), the mutual holding company of the Company and owner of 227,1. ...

Accessibility StatementSkip Navigation ST. LOUIS, Nov. 20, 2025 /PRNewswire/ -- Peabody (NYSE: BTU) today announced its Board of Directors has elected Georganne Hodges and Clayton Walker as members of the company's Board. Ms. Hodges is an international board director and former energy chief financial officer with nearly 40 years of experience working across the energy industry value chain. Mr. Walker is a senior executive with more than 30 years' experience in operations and strategic development across com ...

Fourth Quarter 2025 Results of Operations Nov 20, 2025 4:20 PM Eastern Standard Time Phoenix Education Partners, Inc. Reports Fourth Quarter and Fiscal Year 2025 Results Share PHOENIX--(BUSINESS WIRE)--Phoenix Education Partners, Inc. (NYSE: PXED) (the "Company†or "Phoenix Education Partners†), the parent company of The University of Phoenix, Inc. (the "University†), today reported financial results for the three months and fiscal year ended August 31, 2025, with fourth quarter revenue of $257.4 million ...

Hi Mike, good to see you. We're going to break the news right here, right now. Here with me is Toto Wolf.He is the CEO, team principal of the Mercedes F1 team, and George Curtz is the founder and CEO of Crowd Strike. This has been rumored, but now it's official. George, tell us about the news.>> It's official. Uh, I took a minority stake in the uh, Mercedes F1 team um, in partnership with Toto and couldn't be more excited about something that's been in the making for a bit and it really comes off the heels ...