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🚨 BREAKING: DOJ opens grand jury investigation into Marxist tycoon Neville Roy Singham and alleged money laundering or other financial crimes from his base in China to funding far-left nonprofits in the U.S. and the world WATCH how the money flows. READ our @FoxNews Digital exclusive: What I've learned from people familiar with the investigation: 🚨 U.S. Attorney Jay Clayton for the Southern District of New York, one of the country's most powerful districts for federal prosecutions, has launched a federal grand jury investigation into American Marxist tycoon Neville Roy Singham's financial network, examining potential financial crimes including wire fraud, bank fraud and money laundering from his base in Shanghai, where he funds groups supporting the Chinese Communist Party. 🚨 Acting U.S. Attorney General Todd Blanche authorized the investigation as the Trump administration seeks to crack down on fraud, money laundering and other financial crimes in the multibillion-dollar nonprofit industry. 🚨 Treasury Secretary Scott Bessent traveled to New York City earlier this year for a meeting with Goldman Sachs Chairman and CEO David Solomon. The men discussed the role of a Goldman Sachs philanthropic arm — GS Donor Advised Philanthropy Fund For Wealth Management Inc. — that facilitated the movement by Singham of millions of dollars into a network of U.S. nonprofits. At that meeting, sources said, Bessent delivered a blunt ultimatum: Goldman Sachs could face scrutiny for alleged conspiracy in the funneling of the Singham money and urged Solomon to cooperate with federal investigators. Goldman Sachs is cooperating with the investigation. 🚨 Federal prosecutors are examining a financial structure that follows the three stages investigators often analyze in alleged money laundering: placement, layering and integration. Treasury, DOJ and Goldman Sachs declined to comment. Singham, his wife Jodie Evans -- also under investigation -- and the organizations in the Singham network didn't respond to numerous requests for comment. STEP 1: ALLEGED PLACEMENT According to the reporting, approximately $278 million entered the U.S. financial system through three entities: 🔴 Mutod LLC — $164,040,000 🔴 GS Donor Advised Philanthropy Fund for Wealth Management Inc. (Goldman Sachs) — $110,376,701 🔴 Likewise Conceptions LLC — $3,500,000 STEP 2: ALLEGED LAYERING Those funds were then allegedly routed through six nonprofit organizations: 🔴 $167,540,000 to People's Support Foundation Ltd., a 501(c)(3) nonprofit established with a hotel address in 2017 in Chicago and Singham's wife, Evans, on the board. 🔴 $68,748,701 to Justice and Education Fund Inc., a 501(c)(3) established with a UPS Store address in 2018 in New York City with self-avowed communists, including Manola De Los Santos, on the board. 🔴 $22,440,000 to People's Forum Inc., a 501(c)(3) established in 2017 on W. 37th Street in New York City with Evans and De Los Santos on the board. 🔴 $16,760,000 to Tricontinental Ltd., a 501(c)(3) established in North Hampton, Mass., in 2017 by Singham friend and fellow Marxist ideologue Vijay Prashad. 🔴 $1,330,000 to CodePink Women For Peace, a 501(c)(3) established in 2009 in Marina Del Ray, Calif., by Singham's wife, Evans, and her friend, Susan Medea Benjamin. 🔴 $1,098,000 to Breakthrough BT Media Inc., a 501(c)(3) established in New York City in 2020 at the People's Forum headquarters with longtime American communist leader Brian Becker's son, Ben Becker, as editor-in-chief of its pro-communist propaganda outlet, Breakthrough News. STEP 3: ALLEGED INTEGRATION According to the reporting, those organizations then distributed funding and support into a broader activist network that included: 🔴 People's Welfare Association 🔴 ANSWER Coalition 🔴 Party for Socialism and Liberation 🔴 Numerous organizations operating across Sub-Saharan Africa, Central America, North America and other regions. Federal prosecutors have issued grand jury subpoenas seeking bank records and financial documents as they determine whether criminal charges are warranted. A grand jury investigation is an investigative process, not a finding of guilt. For this reporting, I traced hundreds of financial transactions, nonprofit filings and corporate records documenting how money allegedly moved through this network. WATCH the money flow. 🧵

My entire AI stack is now Chinese 🇨🇳 87% cheaper. same revenue swaps by task: 1. reasoning / backend brain Opus 4.8 → Kimi K2.7 benchmark gap: ~8% · price: ~11x cheaper 2. code generation GPT-5.5 → Qwen 3.7 Max benchmark gap: ~18% · price: ~7x cheaper 3. agent loops + tool calling Sonnet 4.7 → GLM 5.2 benchmark gap: ~3% · price: ~5x cheaper on input 4. cheap volume / bulk processing GPT-5.5 mini → MiMo V2.5 benchmark gap: ~6% · price: ~12x cheaper 5. image generation GPT-Image-2 → Wan 2.5 benchmark gap: ~5% · price: ~8x cheaper 6. video generation Sora 2 → Kling 3.0 benchmark gap: roughly equal · price: ~6x cheaper [ result after 30 days: ] operating costs dropped 87%, output quality dropped 4% on average, revenue unchanged the most important that these models will be not banned in a month and i can run them locally nobody will steal my data and i can learn them as i need full article drops tomorrow with: > exact routing logic per task type > the 2 cases where I still pay for American > the migration playbook anyone can copy in a weekend VERY IMPORTANT to get migrated now, while it's not too late

British American Tobacco is slashing almost a fifth of its global workforce as the cigarette maker removes or outsources 9,000 jobs in a push to simplify its operations and cut costs.

Even Chinese companies are signing LTAs now lol RTRS: - China’s CXMT has signed a $3 billion LTA with Tencent. - CXMT is also in talks with other Chinese internet companies, including Alibaba Cloud, ByteDance, and Xiaomi. - As of Q1, CXMT’s DDR5 yields still lagged behind Western peers. - CXMT currently operates two 12-inch DRAM fabs in Hefei and one fab in Beijing, with total wafer capacity of around 300k wafers per month.

Pakistan's security forces carried out ground and air operations along the Pakistan-Afghanistan border, killing at least 29 militants, while the Afghan Taliban said dozens had been killed in air strikes in its border areas

SpaceX just launched 2 Falcon 9 rockets in 10 hours Falcon 9 lifted off from California and delivered 24 more Starlink satellites to orbit Then another Falcon 9 launched from Florida, sending SXM-11 private/commercial mission to orbit Two different coasts - Two Different missions Two reused boosters - One insane launch cadence There is no other company that can launch like SpaceX... SpaceX is operating at a completely different level At this point, Falcon 9 launches are starting to look like airline departures

Emirates could incur the highest expenses at $8bn — equivalent to a fifth of its 2025 operating revenue — over the life of a major international emissions reduction scheme.