#regulatory-investigation

#regulatory-investigation

Banca Monte dei Paschi di Siena SpA said Chief Executive Officer Luigi Lovaglio has been notified he is under investigation for alleged market manipulation and obstructing regulators in the bank's takeover of rival Mediobanca SpA. Monte Paschi also said it received a search order from Milan prosecutors. The company is confident in the correctness of its actions and is fully cooperating with authorities, it said in the statement on Thursday, following a media report.

Two U.S. senators are pushing the heads of the Federal Trade Commission and the Securities and Exchange Commission to probe Meta Platforms after a recent Reuters investigation revealed the social media giant earned $16 billion from advertising scams and banned goods in 2024. A letter from Senators Josh Hawley (R‑MO) and Richard Blumenthal (D‑CT) to the agencies calls for a full investigation into Meta, pointing out that internal documents show Meta earned about 10% of its annual revenue from scam and fraudulent ads last year.

investigate and, if appropriate, bring enforcement actions against Meta for its facilitation of and profiting from criminal investment scams, fake government benefits schemes, deepfake pornography, and other fraudulent activities.

I can't explain the feeling, the mother told the newspaper of learning her one-year-old had been collected by a man she didn't know. We don't blame him. We are not angry with him. We are not upset at him we blame the daycare.

'Those VOCs coming out of our system are about the equivalent to one passenger car driving down the road,' he said. Bauer also said the chance for an explosion at the facility is extremely low. 'At any one time, we have very little gases in our system,' he said. 'It would be equivalent to camping stove propane. That's your potential of ignition.'