News
Body parts found in Colorado freezer are those of 16-year-old girl last seen in 2005
Body parts found in a freezer earlier this year after a Colorado home was sold have been identified as those of the 16-year-old daughter of the home’s previous owner, authorities said Friday.
The death of Amanda Leariel Overstreet is being investigated as a homicide and an investigation is ongoing, the Mesa County Sheriff’s Office said.
The grim discovery was made in January, after the home near Grand Junction had been sold to a new owner, and after that owner offered a freezer that had been left behind for free, the sheriff’s office said.
Inside the freezer there was a head and forearms with hands attached. Deputies were called on Jan. 12 after the person who claimed the freezer made the discovery.
The last time Amanda had been seen or heard from was in April 2005, the sheriff’s office said.
“The circumstances surrounding her disappearance remain under investigation, as well as ongoing forensic testing of evidence,” the sheriff’s office said in a statement about the case. “There is no record that Amanda Overstreet was ever reported missing.”
The Mesa County coroner’s office said Friday that the remains had been identified and that the manner of death was being investigated as homicide. The rest of the her body has not been found.
The coroner’s office did not list a cause of death but said there is an active investigation and no further details would be released. DNA analysis helped to confirm the identification, the office said.
Amanda lived in the Grand Junction and Harris County, Texas, areas, the coroner’s office said.
The sheriff’s office stressed again Friday that the home is under new ownership, and the current owner of the home is “completely unrelated to the previous case.”
“The house was purchased, fully remodeled, and sold to the current owner,” the sheriff’s office said.
This article was originally published on NBCNews.com
CryptoCurrency
Feds want Bitfinex hacker ‘Razzlekhan’ jailed for 18 months
Prosecutors said Bitfinex hacker Heather Morgan should receive a lenient jail sentence as she provided “substantial assistance” to the government.
CryptoCurrency
Elon Musk’s $260 Billion Empire Will Now Charge Helene Victims $400 For Internet – Are We Seeing Exploitation At Its Worst?
Elon Musk is no stranger to headlines, but his latest offer of free Starlink internet to Hurricane Helene victims has left many raising questions.
While SpaceX initially announced it would waive the $120 monthly subscription fee for the first month in affected areas, there’s a significant caveat – victims still need to buy Starlink hardware, which costs between $300 and $400, including taxes and shipping. This added cost feels like a slap for people already dealing with the hurricane’s devastation.
Don’t Miss:
The reaction on the ground has been a mix of gratitude and frustration. Reports from The Register highlighted the experience of a North Carolina resident, Kinney Baughman, who described the offer as a “bait and switch.”
Beyond the cost, there’s the issue of timing. Even if someone can scrape together the money for the hardware, delivery can take two to three weeks. By then, regular internet may already be back up and running, leaving many wondering if the purchase was necessary. After all, spending $400 on equipment that arrives after you’ve resolved your connectivity issues feels like pouring salt on the wound.
Trending: Studies show 50% of consumers think Financial Advisors cost much more than they do — to debunk this, this company provides matching for free and a complimentary first call with the matched advisor.
Then there’s the power problem. Many areas hit hardest by the hurricane are still without electricity, rendering a satellite dish useless until power is restored. It’s not just the money – the logistics of it all seem off.
Critics quickly point out that Elon Musk, whose fortune is estimated at $260 billion according to Bloomberg, could have offered a more immediate, practical solution. Instead, as some have argued, this offer looks suspiciously like a marketing move disguised as charity.
See Also: How do billionaires pay less in income tax than you? Tax deferring is their number one strategy.
And the controversy doesn’t stop there. Musk has recently faced criticism for political donations that have raised eyebrows. Reports show that he’s contributed tens of millions of dollars to far-right causes, including America First Legal, a group associated with former Trump advisor Stephen Miller.
Still, for some, the Starlink service is a game-changer. Satellite internet could be a lifeline in remote areas where infrastructure recovery is slow. It’s easy to see the appeal – connecting with emergency services, contacting family or getting reliable updates could be worth the upfront cost, even if it stings a little.
Read Next:
Up Next: Transform your trading with Benzinga Edge’s one-of-a-kind market trade ideas and tools. Click now to access unique insights that can set you ahead in today’s competitive market.
Get the latest stock analysis from Benzinga?
This article Elon Musk’s $260 Billion Empire Will Now Charge Helene Victims $400 For Internet – Are We Seeing Exploitation At Its Worst? originally appeared on Benzinga.com
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
CryptoCurrency
Asian stocks mixed as markets wait for China policy briefing
HONG KONG (AP) — Asian stocks were mixed on Friday as Chinese markets declined as investors await a key briefing about the details of the upcoming stimulus plan this weekend.
U.S. futures rose while oil prices were lower.
Chinese stocks fell in morning trading on Friday. The Shanghai Composite lost 1.6% to 3,249.14, and the CSI 300 Index, which tracks the top 300 stocks traded in the Shanghai and Shenzhen markets, gave up 1.9%.
Hong Kong markets were closed Friday for a public holiday. On Tuesday, the index dropped more than 9%, marking its worst loss since the 2008 global financial crisis.
All market attention was on a briefing China’s Ministry of Finance has scheduled for tomorrow, where it is expected to unveil long-anticipated fiscal stimulus plans. Earlier this week, details of economic stimulus plans from Beijing officials disappointed the markets, as many had hoped that the new fiscal policies would follow the steps of the previous announcements made in late September aimed at reviving the struggling property market and boosting economic growth.
Elsewhere, South Korea’s central bank cut its benchmark interest rate by 25 basis points to 3.25% on Friday, signaling a shift to an easing cycle intended to stimulate economic growth. This is the Bank of Korea’s first rate cut since 2020, which comes after a contraction in gross domestic product in the second quarter, along with an inflation rate in September that fell below the central bank’s target of 2%.
The Kospi in Seoul added 0.4% to 2,610.64.
Australia’s S&P/ASX 200 dipped 0.1% to 8,218.40.
On Thursday, U.S. stocks edged back from earlier records after reports showed inflation was a touch warmer last month than expected and more workers filed for unemployment benefits last week.
The S&P 500 slipped 0.2% to 5,780.05, and the Dow Jones Industrial Average dipped 0.1% to 42,454.12 after setting an all-time high the day before. The Nasdaq composite edged down by 0.1% to 18,282.05.
Stocks had stormed to records in large part on excitement about easing interest rates, now that the Federal Reserve is cutting them as it widens its focus to include keeping the economy humming instead of just fighting high inflation.
Thursday’s report showed inflation slowing to 2.4% in September from 2.5% in August, according to the consumer price index, but economists were expecting an even sharper slowdown to 2.3%. And after ignoring the swings for food, gasoline and other energy prices, underlying trends that economists say can be a better predictor for where inflation is heading were a touch hotter than expected.
At the same time, a separate report showed 258,000 U.S. workers filed for unemployment benefits last week. That number is relatively low compared with history, but it was a sharper acceleration than economists expected. Hurricane Helene and a strike by workers at Boeing may have helped make the number look worse.
In the bond market, Treasury yields rose immediately after the release of the economic data, only to then swing up and down as traders tried to handicap what it would all mean for the Fed.
The yield on the 10-year Treasury held at 4.07%, the level it was at late Wednesday. The two-year Treasury yield, which more closely tracks expectations for the Fed, fell to 3.96% from 4.02% late Wednesday.
In other dealings, U.S. benchmark crude oil lost 19 cents to $75.66 per barrel. Brent crude, the international standard, declined 27 cents to $79.13 per barrel.
The dollar rose to 148.69 Japanese yen from 148.51 yen. The euro cost $1.0942, up from $1.0936.
___
AP Business Writer Stan Choe contributed.
CryptoCurrency
Markets turn cautious before uncertain weekend
A look at the day ahead in European and global markets from Tom Westbrook
Friday’s session brought a cautious mood to the markets, ahead of a smattering of data and an uncomfortable weekend.
China’s finance minister has called a fiscal policy briefing for Saturday against a backdrop of high expectations and jittery trade. Investors and, as of Thursday, Swedish furniture shop IKEA want fiscal stimulus to reinvigorate the economy.
Markets are expecting Beijing to announce 2 trillion to 3 trillion yuan ($280-$420 billion) in new spending, and worries about whether it will deliver – after a similar disappointment from policymakers’ briefing early this week – had Chinese equities falling on Friday.
On the geopolitical front, Israel is mulling its response to an Iranian missile attack, and a retaliatory strike on oil or military targets would likely draw a sharp reaction in financial markets.
Investors in Asia were taking chips off the table.
Chinese stocks are set for a weekly drop as follow-up details on promises to support the economy have so far underwhelmed.
Hong Kong markets were closed for a holiday on Friday, leaving the Hang Seng nursing its largest weekly drop in two years as investors hit pause on one of its sharpest ever rallies. Gold was creeping higher.
British monthly GDP data is due in the European session and, while it is hard to really gauge growth from monthly figures, signs of strength in the services sector may have investors dialling back expectations for interest rate cuts.
Markets price about a 3/4 chance of a 25 basis point rate cut in November, while opinions at the Bank of England itself are also divided.
Rate cuts should come gradually, BoE chief economist Huw Pill told the Institute of Chartered Accountants in England and Wales last week, a day after Governor Andrew Bailey was quoted in the Guardian saying the central bank could move aggressively.
Among U.S. earnings, J.P. Morgan, BNY and Wells Fargo are due before the open. Tesla shares may react to the long-awaited showcase of an autonomous taxi in Los Angeles, which came with fanfare but few details on timing. Production is not set to begin until 2026.
U.S. producer prices data is also due and will frame expectations for the Federal Reserve’s preferred PCE measure out later in the month. Slightly stronger-than-expected inflation in September has, for now, knocked out market expectations of anything more than a 25 bp interest rate cut at the Fed’s November meeting.
Key developments that could influence markets on Friday:
– British monthly GDP
– U.S. PPI
– J.P. Morgan, Wells Fargo earnings
(By Tom Westbrook; Editing by Edmund Klamann)
CryptoCurrency
Crypto staking Jarretts again sue IRS over block reward taxes
A previous case brought by Josh and Jessica Jarrett was dismissed in 2022 after the IRS conceded to refund some of the tax paid.
CryptoCurrency
TD to Face US Growth Limits, $3 Billion Penalty for Money-Laundering Failures, WSJ Says
(Bloomberg) — Toronto-Dominion Bank will pay about $3 billion in penalties and face restrictions on its US growth in a settlement with regulators over its failure to catch money laundering, the Wall Street Journal reported.
Most Read from Bloomberg
Regulators are likely to announce a settlement with the Canadian bank on Thursday, though that timing may change, a person familiar with the matter told Bloomberg, asking not to be named discussing confidential information. The bank said it plans to hold a conference call and will confirm the time later.
The Office of the Comptroller of the Currency is expected to impose a cap on Toronto-Dominion’s US retail banking assets as part of the agreement, the Journal said, citing people familiar with the matter it didn’t identify.
The size of the financial penalty doesn’t come as a surprise because Toronto-Dominion has already set aside $3 billion in provisions for the settlement. But an asset cap seems certain to prevent the bank from carrying on the growth-by-acquisition strategy it has followed in US retail banking for much of the past two decades. Wells Fargo & Co. has been under similar regulatory limits on the size of its balance sheet for several years.
Canada’s second-largest bank has faced an array of legal challenges south of the border, including probes by the OCC, the Department of Justice and the Federal Reserve into alleged failures to catch money laundering and other financial crimes at several branches in New York, New Jersey and Florida.
The investigations have had a wide-ranging impact on the bank, including marring the end of Chief Executive Officer Bharat Masrani’s decade-long tenure. He took responsibility for the anti-money-laundering challenges when Toronto-Dominion announced his retirement last month. Raymond Chun, who currently leads its Canadian division, will take the top job on April 10.
Toronto-Dominion was also forced to scrap its $13.4 billion deal to acquire US regional bank First Horizon Corp. last year after saying it couldn’t get timely regulatory approvals.
Spokespeople for the bank and the OCC weren’t immediately available for comment Wednesday, while a representative for the Federal Reserve declined to comment.
The Canadian bank has more than 10 million US customers and almost 1,200 branches concentrated along the East Coast, and its American retail operations account for about a quarter of its revenue. But there have been persistent questions about whether it will be able to continue to expand that business.
Toronto-Dominion recently reached a deal with US prosecutors and regulators to pay more than $20 million to resolve a Treasuries spoofing case and, separately, agreed to pay almost $28 million in fines and restitution for sharing inaccurate US customer data with consumer reporting companies.
–With assistance from Russell Ward and Katanga Johnson.
(Updates with information on conference call in second paragraph.)
Most Read from Bloomberg Businessweek
©2024 Bloomberg L.P.
-
Science & Environment3 weeks ago
Hyperelastic gel is one of the stretchiest materials known to science
-
Technology3 weeks ago
Would-be reality TV contestants ‘not looking real’
-
Science & Environment3 weeks ago
How to unsnarl a tangle of threads, according to physics
-
Science & Environment3 weeks ago
‘Running of the bulls’ festival crowds move like charged particles
-
Womens Workouts3 weeks ago
3 Day Full Body Women’s Dumbbell Only Workout
-
Science & Environment3 weeks ago
Maxwell’s demon charges quantum batteries inside of a quantum computer
-
Science & Environment3 weeks ago
Liquid crystals could improve quantum communication devices
-
Science & Environment3 weeks ago
Quantum ‘supersolid’ matter stirred using magnets
-
Science & Environment3 weeks ago
Sunlight-trapping device can generate temperatures over 1000°C
-
Science & Environment3 weeks ago
ITER: Is the world’s biggest fusion experiment dead after new delay to 2035?
-
News4 weeks ago
the pick of new debut fiction
-
Science & Environment3 weeks ago
How to wrap your mind around the real multiverse
-
Science & Environment3 weeks ago
Why this is a golden age for life to thrive across the universe
-
Science & Environment3 weeks ago
Nerve fibres in the brain could generate quantum entanglement
-
News3 weeks ago
Our millionaire neighbour blocks us from using public footpath & screams at us in street.. it’s like living in a WARZONE – WordupNews
-
Science & Environment3 weeks ago
Quantum forces used to automatically assemble tiny device
-
Technology2 weeks ago
Is sharing your smartphone PIN part of a healthy relationship?
-
Science & Environment2 weeks ago
X-rays reveal half-billion-year-old insect ancestor
-
Science & Environment3 weeks ago
A slight curve helps rocks make the biggest splash
-
Science & Environment3 weeks ago
Time travel sci-fi novel is a rip-roaringly good thought experiment
-
Science & Environment3 weeks ago
Laser helps turn an electron into a coil of mass and charge
-
Science & Environment3 weeks ago
Physicists are grappling with their own reproducibility crisis
-
Business2 weeks ago
Eurosceptic Andrej Babiš eyes return to power in Czech Republic
-
Science & Environment3 weeks ago
Nuclear fusion experiment overcomes two key operating hurdles
-
News4 weeks ago
▶️ Hamas in the West Bank: Rising Support and Deadly Attacks You Might Not Know About
-
News3 weeks ago
You’re a Hypocrite, And So Am I
-
Sport3 weeks ago
Joshua vs Dubois: Chris Eubank Jr says ‘AJ’ could beat Tyson Fury and any other heavyweight in the world
-
Science & Environment4 weeks ago
Caroline Ellison aims to duck prison sentence for role in FTX collapse
-
News3 weeks ago
▶️ Media Bias: How They Spin Attack on Hezbollah and Ignore the Reality
-
Science & Environment3 weeks ago
A new kind of experiment at the Large Hadron Collider could unravel quantum reality
-
Business2 weeks ago
Should London’s tax exiles head for Spain, Italy . . . or Wales?
-
Technology2 weeks ago
‘From a toaster to a server’: UK startup promises 5x ‘speed up without changing a line of code’ as it plans to take on Nvidia, AMD in the generative AI battlefield
-
Football2 weeks ago
Football Focus: Martin Keown on Liverpool’s Alisson Becker
-
Science & Environment3 weeks ago
Rethinking space and time could let us do away with dark matter
-
News4 weeks ago
New investigation ordered into ‘doorstep murder’ of Alistair Wilson
-
News3 weeks ago
The Project Censored Newsletter – May 2024
-
Technology2 weeks ago
Quantum computers may work better when they ignore causality
-
MMA2 weeks ago
Conor McGregor challenges ‘woeful’ Belal Muhammad, tells Ilia Topuria it’s ‘on sight’
-
Sport2 weeks ago
Watch UFC star deliver ‘one of the most brutal knockouts ever’ that left opponent laid spark out on the canvas
-
News3 weeks ago
Israel strikes Lebanese targets as Hizbollah chief warns of ‘red lines’ crossed
-
Science & Environment3 weeks ago
A tale of two mysteries: ghostly neutrinos and the proton decay puzzle
-
Science & Environment3 weeks ago
Future of fusion: How the UK’s JET reactor paved the way for ITER
-
Technology2 weeks ago
Get ready for Meta Connect
-
Business2 weeks ago
Ukraine faces its darkest hour
-
Health & fitness3 weeks ago
The secret to a six pack – and how to keep your washboard abs in 2022
-
Technology4 weeks ago
The ‘superfood’ taking over fields in northern India
-
Science & Environment3 weeks ago
UK spurns European invitation to join ITER nuclear fusion project
-
Science & Environment3 weeks ago
Why we need to invoke philosophy to judge bizarre concepts in science
-
News3 weeks ago
Why Is Everyone Excited About These Smart Insoles?
-
Health & fitness2 weeks ago
The 7 lifestyle habits you can stop now for a slimmer face by next week
-
CryptoCurrency3 weeks ago
Cardano founder to meet Argentina president Javier Milei
-
Politics3 weeks ago
UK consumer confidence falls sharply amid fears of ‘painful’ budget | Economics
-
MMA3 weeks ago
Rankings Show: Is Umar Nurmagomedov a lock to become UFC champion?
-
Science & Environment3 weeks ago
Meet the world's first female male model | 7.30
-
News3 weeks ago
Four dead & 18 injured in horror mass shooting with victims ‘caught in crossfire’ as cops hunt multiple gunmen
-
Womens Workouts3 weeks ago
3 Day Full Body Toning Workout for Women
-
Technology3 weeks ago
Robo-tuna reveals how foldable fins help the speedy fish manoeuvre
-
Science & Environment3 weeks ago
Physicists have worked out how to melt any material
-
Health & fitness3 weeks ago
The maps that could hold the secret to curing cancer
-
Science & Environment3 weeks ago
Being in two places at once could make a quantum battery charge faster
-
News4 weeks ago
How FedEx CEO Raj Subramaniam Is Adapting to a Post-Pandemic Economy
-
CryptoCurrency3 weeks ago
Decentraland X account hacked, phishing scam targets MANA airdrop
-
CryptoCurrency3 weeks ago
Low users, sex predators kill Korean metaverses, 3AC sues Terra: Asia Express
-
Womens Workouts3 weeks ago
Best Exercises if You Want to Build a Great Physique
-
Womens Workouts3 weeks ago
Everything a Beginner Needs to Know About Squatting
-
TV3 weeks ago
CNN TÜRK – 🔴 Canlı Yayın ᴴᴰ – Canlı TV izle
-
Science & Environment3 weeks ago
CNN TÜRK – 🔴 Canlı Yayın ᴴᴰ – Canlı TV izle
-
Servers computers2 weeks ago
What are the benefits of Blade servers compared to rack servers?
-
Technology2 weeks ago
The best robot vacuum cleaners of 2024
-
News3 weeks ago
Church same-sex split affecting bishop appointments
-
Politics3 weeks ago
Trump says he will meet with Indian Prime Minister Narendra Modi next week
-
Sport3 weeks ago
UFC Edmonton fight card revealed, including Brandon Moreno vs. Amir Albazi headliner
-
CryptoCurrency3 weeks ago
Ethereum is a 'contrarian bet' into 2025, says Bitwise exec
-
Science & Environment3 weeks ago
How one theory ties together everything we know about the universe
-
Business4 weeks ago
JPMorgan in talks to take over Apple credit card from Goldman Sachs
-
Science & Environment3 weeks ago
Quantum time travel: The experiment to ‘send a particle into the past’
-
Science & Environment3 weeks ago
Tiny magnet could help measure gravity on the quantum scale
-
Science & Environment3 weeks ago
Most accurate clock ever can tick for 40 billion years without error
-
CryptoCurrency3 weeks ago
Bitcoin miners steamrolled after electricity thefts, exchange ‘closure’ scam: Asia Express
-
CryptoCurrency3 weeks ago
Dorsey’s ‘marketplace of algorithms’ could fix social media… so why hasn’t it?
-
CryptoCurrency3 weeks ago
DZ Bank partners with Boerse Stuttgart for crypto trading
-
CryptoCurrency3 weeks ago
Bitcoin bulls target $64K BTC price hurdle as US stocks eye new record
-
CryptoCurrency3 weeks ago
Blockdaemon mulls 2026 IPO: Report
-
Business3 weeks ago
Thames Water seeks extension on debt terms to avoid renationalisation
-
Politics3 weeks ago
‘Appalling’ rows over Sue Gray must stop, senior ministers say | Sue Gray
-
CryptoCurrency3 weeks ago
Coinbase’s cbBTC surges to third-largest wrapped BTC token in just one week
-
News2 weeks ago
US Newspapers Diluting Democratic Discourse with Political Bias
-
Technology2 weeks ago
Microphone made of atom-thick graphene could be used in smartphones
-
Technology3 weeks ago
iPhone 15 Pro Max Camera Review: Depth and Reach
-
News3 weeks ago
Brian Tyree Henry on voicing young Megatron, his love for villain roles
-
Science & Environment3 weeks ago
How do you recycle a nuclear fusion reactor? We’re about to find out
-
CryptoCurrency3 weeks ago
RedStone integrates first oracle price feeds on TON blockchain
-
CryptoCurrency3 weeks ago
‘No matter how bad it gets, there’s a lot going on with NFTs’: 24 Hours of Art, NFT Creator
-
Business3 weeks ago
How Labour donor’s largesse tarnished government’s squeaky clean image
-
News3 weeks ago
Brian Tyree Henry on voicing young Megatron, his love for villain roles
-
Travel3 weeks ago
Delta signs codeshare agreement with SAS
-
Politics2 weeks ago
Hope, finally? Keir Starmer’s first conference in power – podcast | News
-
Technology2 weeks ago
University examiners fail to spot ChatGPT answers in real-world test
-
CryptoCurrency3 weeks ago
Louisiana takes first crypto payment over Bitcoin Lightning
-
CryptoCurrency3 weeks ago
Crypto scammers orchestrate massive hack on X but barely made $8K
You must be logged in to post a comment Login