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National

Avenatti pleads guilty to California fraud charges

SANTA ANA, Calif. (UPI) -- California lawyer Michael Avenatti pleaded guilty Thursday to stealing millions of dollars from four clients, according to court records. Avenatti pleaded guilty to four counts of wire fraud as well as one count of tax fraud for attempting to obstruct the administration of the Internal Revenue Code. Avenatti embezzled money that should have been paid to clients, according to a statement by the U.S. Attorney's Office for the Central District of California. District Court Judge James […]

June 16, 2022 13

Business & Lifestyle

Bitcoin falls to lowest level since 2020

NEW YORK (UPI) -- Bitcoin fell once again Thursday as cryptocurrencies suffer from recession concerns. As of 6:45 p.m., Bitcoin was down 9.1%, valued at around $20,500, some of its lowest levels since 2020 and 60% down from its all-time high in November. The cryptocurrency has fallen 20% in the past week amid a broad sell-off in risk assets that have seen the Nasdaq Composite decline 6.1% in the same period. The decline also comes as Terra USD and its […]

June 16, 2022 21

Premier League News

Premier League releases 2022-23 soccer schedule

LONDON (UPI) -- Crystal Palace will host Arsenal in the first of 380 men's Premier League games as part of the 2022-23 schedule, announced Thursday by England's top soccer league. The 38-week schedule will run through late May. NBC, which owns broadcast rights for Premier League games, plans to announce its TV schedule at a later date. Opening match week action Arsenal and Crystal Palace will launch Matchweek 1 at 3 p.m. EDT Aug. 5 at Selhurst Park Stadium in […]

June 16, 2022 22

Hockey News

NHL: No Stanley Cup trips to Russia, Belarus

NEW YORK (UPI) -- The winners of this year's 2022 Stanley Cup Final will not be allowed to bring the trophy to Russia or Belarus due to the war in Ukraine, NHL deputy commissioner Bill Daly said at a news conference. The Stanley Cup is perhaps the most well-traveled trophy in sports. Each year, players and staff members from the winning team get to spend two days with the Cup and bring it to their preferred destination. Previous Stanley Cup […]

June 16, 2022 22

Entertainment

‘Squid Game’ officially green-lit for Season 2

LOS ANGELES (UPI) -- Netflix announced on Twitter Sunday that Squid Game is officially coming back for a second season. The South Korean dystopian drama's writer, director, and producer, Hwang Dong-hyuk, also confirmed the news in a statement. "A whole new round is coming," the filmmaker teased. "It took 12 years to bring the first season of Squid Game to life last year, but it took 12 days for Squid Game to become the most popular Netflix series ever," he […]

June 12, 2022 16

IRS to pay interest on delayed refunds 9

Financial News

IRS to pay interest on delayed refunds
Interest to be accrued beginning July 1

WASHINGTON (UPI) -- The Internal Revenue Service (IRS) said Friday it will pay 5% interest to people with delayed tax returns starting in July. That's up a full percentage point from the last interest rate increase in April. In a Friday statement, the agency said the new rates on delayed refunds, considered overpayments by the IRS, will be 4% for corporations starting July 1. The interest will be 7% on large corporate underpayments exceeding $10,000, according to the agency. Explaining how […]

May 21, 2022 30

Entertainment

Syfy reverses ‘Surreal Estate’ cancellation
New episodes to air in 2023

NEW YORK (UPI) -- Syfy announced Tuesday it has ordered a second season of its supernatural drama, Surreal Estate, after initially canceling it. "Never give up. Never stop believing," star Tim Rozon tweeted in response to the news. New episodes of the show are expected to debut on SyFy in 2023. Starring Schitt's Creek veterans Tim Rozon and Sarah Levy, the series follows real estate agents who specialize in fixing up and selling haunted houses. Levy plays ambitious deal-closer Susan, while […]

May 12, 2022 17

Automotive News

Carvana to lay off 2,500 employees
Executives to forgo 2022 salaries

PHOENIX (UPI) -- Online used car retailer Carvana plans to lay off 2,500 employees, according to a document filed with the U.S. Securities and Exchange Commission on Tuesday. The company made the decision to make the cuts, which represent roughly 12% of its workforce, in response to macroeconomic factors that have "pushed automotive retail into recession," according to the filing. "While Carvana is still growing, our growth is slower than what we originally prepared for in 2022, and we made […]

May 12, 2022 26

World

U.N. agency head resigns amid investments probe

NEW YORK (UPI) -- United Nations Secretary-General Antonio Guterres on Sunday accepted the resignation of the head of a U.N. agency under investigation for potentially losing millions of dollars in bad investments. Grete Faremo, the executive director of the U.N. Office for Project Services, submitted her resignation Sunday after The New York Times published an article detailing how the little-known agency may lose up to $25 million meant for aid to developing countries. "It has been my great privilege to […]

May 9, 2022 27

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