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☆ A 24-year-old stock trader who made over $1.4 million in 2 years shares the key shift that he says allowed him to have a 60% win ratio
▼ + stars: | 2022-12-26 | by ( Laila Maidan | ) www.businessinsider.com time to read: +6 min

Matthew Monaco learned that day trading is largely a mental process. It took him another few years of saving money and taking online trading courses before he was able to try again. A key shiftHe believes there was one key shift that helped him achieve a majority win, which was learning how to properly lose. The irony is that day trading tends to attract people that just want to get rich quickly, which is the type of mentality that will lead you to lose, he said. And with that, if they have a losing month, a losing week, a losing year, they're not deterred.

☆ Justice Department Has Sharp Eye on Crypto Sector, Top Official Says
▼ + stars: | 2022-12-23 | by ( Aruna Viswanatha | Dave Michaels | ) www.wsj.com time to read: 1 min

Deputy Attorney General Lisa Monaco said the Justice Department is coordinating cryptocurrency enforcement efforts through a 25-member national team. WASHINGTON—A surge of Justice Department resources into cryptocurrency investigations more than a year ago helped prosecutors quickly charge FTX founder Sam Bankman-Fried and augurs a spate of aggressive enforcement ahead, according to the department’s second-ranking official. “You should expect more,” Deputy Attorney General Lisa Monaco said in an interview Thursday with The Wall Street Journal about the agency’s efforts to combat corporate crime. “Those investments are paying off in the prosecutorial firepower you are seeing.”

☆ Justice Department Faces Accusations It Outsourced a Corporate Investigation in Bribery Case
▼ + stars: | 2022-12-22 | by ( Dylan Tokar | ) www.wsj.com time to read: +7 min

PREVIEWThe case against Messrs. Coburn and Schwartz was presented as a model for the Justice Department’s approach to corporate crime when it was announced in 2019. The department’s investigation into Messrs. Coburn and Schwartz was prompted by one such tipoff. The Deutsche Bank ruling was heavily cited in the motions filed by Messrs. Coburn and Schwartz. Since Messrs. Coburn and Schwartz launched their legal challenge, the Justice Department has doubled down on its bid to recruit companies as corporate crime watchdogs. The judge earlier in December heard oral arguments by both sides related to the executives’ motions.

Dec 19 (Reuters) - U.S.-based manufacturer Honeywell International Inc (HON.O) on Monday said it has agreed to pay about $200 million to settle criminal and civil corruption investigations in the United States and Brazil. Those bribes involved Monaco-based oil consultancy Unaoil, which has previously been charged by global authorities over a 17-year scheme to pay bribes to officials in nine countries. About $160 million of the total amount Honeywell said it will pay will go to pay U.S. civil and criminal penalties. Later on Monday, Brazil's government confirmed Honeywell's statement by saying the company would pay about 638 million reais ($120 million) to settle the case, with around 70% destined for Petrobras. Honeywell agreed to pay another $81 million civil penalty to resolve the SEC's charges, though almost half is expected to be offset by payments made to Brazilian authorities, the SEC said.

☆ Honeywell to Pay $203 Million in Settlements Over Brazil, Algeria Bribery
▼ + stars: | 2022-12-19 | by ( Dylan Tokar | ) www.wsj.com time to read: +3 min

Honeywell International Inc. will pay nearly $203 million to resolve investigations in the U.S. and Brazil into bribes paid to public officials in Algeria and at Brazil’s state-owned oil company, the company said Monday. The settlements involve UOP, a U.S. subsidiary of Honeywell that manufactures catalysts used to refine oil. Investigations found that UOP had conspired to pay bribes to a former high-level Petróleo Brasileiro SA official to obtain a $425 million oil refinery contract, authorities said. U.S. authorities accused UOP of violating the U.S. Foreign Corrupt Practices Act, and the settlements require Honeywell to make compliance overhauls and file periodic reports. To carry out the bribery scheme in Brazil, UOP retained a sales agent to funnel a $4 million bribe to the unnamed official at Petróleo Brasileiro, prosecutors said.

☆ Argentine Marcaccio joins Nadal's coaching staff
▼ + stars: | 2022-12-19 | by ( ) www.reuters.com time to read: +1 min

Dec 19 (Reuters) - Argentine Gustavo Marcaccio will be a new member of Rafael Nadal's coaching staff for the 2023 season, the Spanish player said on Monday. The announcement comes three days after Spanish coach Francis Roig said he would be stepping down from his role on Nadal's team after 18 years to take on new projects. "I would like to inform you about the addition of Gustavo Marcaccio to the technical team," Nadal, 36, wrote on Twitter. Marcaccio, who was 284th in the ATP rankings in 2004 and coached former Top 10 tennis player Juan Monaco, joins Carlos Moya and Marc Lopez as Nadal's coaches. Nadal, who has won a record 22 Grand Slam titles, will look to successfully defend his Australian Open title at the first Grand Slam of the year in January after an injury-plagued 2022.

Companies Honeywell International Inc FollowDec 19 (Reuters) - Manufacturer Honeywell International Inc. (HON.O) on Monday said it has agreed to pay about $200 million to settle criminal and civil corruption investigations related to bribery schemes in the United States and Brazil. The SEC charges also relate to payments Honeywell's Belgian subsidiary made to an Algerian government official in 2011. Those bribes involved Monaco-based oil consultancy Unaoil, which has previously been charged by global authorities over a 17-year scheme to pay bribes to officials in nine countries. About $160 million of the total amount Honeywell said it will pay will go to U.S. civil and criminal penalties. Honeywell agreed to pay another $81 million civil penalty to resolve the SEC's charges, though almost half is expected to be offset by payments made to Brazilian authorities, the SEC said.

☆ Key match-ups in World Cup final between Argentina and France
▼ + stars: | 2022-12-16 | by ( Fernando Kallas | ) www.reuters.com time to read: +3 min

[1/3] Soccer Football - FIFA World Cup Qatar 2022 - Semi Final - Argentina v Croatia - Lusail Stadium, Lusail, Qatar - December 13, 2022 Argentina's Julian Alvarez celebrates scoring their second goal with Lionel Messi and Nahuel Molina REUTERS/Carl RecineDOHA, Dec 16 (Reuters) - Argentina and France meet in Sunday's World Cup final at Lusail Stadium. Here are three of the key match-ups that are likely to have a strong bearing on the result:Kylian Mbappe v Nahuel MolinaMbappe is a candidate for the World Cup's player of the tournament, having led France to their second consecutive final. The jet-heeled 23-year-old forward has scored five times in six games, surpassing his tally from the 2018 tournament, and has now scored nine World Cup goals in 13 appearances across the two editions. Molina arrived at the World Cup having faced criticism after struggling in his first season with Atletico Madrid, but he has been solid during the tournament and started every match. Lionel Messi v Aurelien TchouameniOne of the most anticipated match-ups will be Argentina great Messi against France's rising star holding-midfielder Tchouameni.

☆ Injured Morocco midfielder joins squad for World Cup encouragement
▼ + stars: | 2022-12-12 | by ( Mark Gleeson | ) www.reuters.com time to read: +1 min

DOHA, Dec 12 (Reuters) - Morocco midfielder Amine Harit, originally chosen to play at the World Cup but injured one week before the start of the tournament, arrived in Qatar on Monday to be with the team for their semi-final against France on Wednesday. Harit, 25, was welcomed by team mates, several of whom posted pictures with him on social media. Morocco’s captain Romain Saiss posted a photo on Instagram featuring him and Harit, writing: "Finally among us … May God heal you … This adventure is also yours." Harit suffered a serious cruciate ligament sprain in his left knee playing for Olympique de Marseille against Monaco in Ligue 1 on Nov. 13,days before he was due to depart to the World Cup. "As you can imagine, beyond the physical pain, it's hard to see the World Cup dream fly by a few hours before being able to live it," Harit said on Twitter following his injury.

☆ U.S. Justice Department reportedly split over charging Binance as crypto world falters
▼ + stars: | 2022-12-12 | by ( ) www.cnbc.com time to read: +15 min

Justice Department regulations say that money laundering charges against a financial institution must be approved by the MLARS chief. Binance's defense attorneys at U.S. law firm Gibson Dunn have held meetings in recent months with Justice Department officials, the four people said. Faced with the Justice Department investigation, Binance hired an external lawyer from U.S. law firm Paul Weiss, Roberto Gonzalez, who was previously Treasury's deputy general counsel. The Justice Department appointed Eun Young Choi, previously Monaco's senior counsel, as NCET's first director. MLARS has a reputation in the Justice Department for moving slowly in reaching prosecution decisions, people familiar with its activities said.

Justice Department regulations say that money laundering charges against a financial institution must be approved by the MLARS chief. Binance's defense attorneys at U.S. law firm Gibson Dunn have held meetings in recent months with Justice Department officials, the four people said. Faced with the Justice Department investigation, Binance hired an external lawyer from U.S. law firm Paul Weiss, Roberto Gonzalez, who was previously Treasury's deputy general counsel. MLARS has a reputation in the Justice Department for moving slowly in reaching prosecution decisions, people familiar with its activities said. Day met with Justice officials in Washington in recent months, three of the people said.

☆ Former federal prison warden convicted of sexually abusing inmates
▼ + stars: | 2022-12-09 | by ( The Associated Press | ) www.nbcnews.com time to read: +5 min

The former warden of a federal women’s prison in California where inmates said they were subjected to rampant sexual abuse was convicted on Thursday of molesting inmates and forcing them to pose naked in their cells. Ray Garcia was found guilty of all eight charges and faces up to 15 years in prison. He was among five workers charged with abusing inmates at the federal correctional institution in Dublin, California, and the first to go to trial. Garcia, 55, retired from his post last year after the FBI found nude photos of inmates on his government-issued phone. Garcia was charged with abusing three inmates between December 2019 and July 2021.

In this article BTC.CM=ETH.CM= Follow your favorite stocks CREATE FREE ACCOUNTKris Marszalek, CEO of Crypto.com, speaking at a 2018 Bloomberg event in Hong Kong, China. Paul Yeung | Bloomberg | Getty ImagesKris Marszalek wants everyone to know that his company, Crypto.com, is safe and in good hands. While no evidence has emerged of wrongdoing at Crypto.com, Marszalek's business history is replete with red flags. Over the course of 2008 and 2009, Marszalek and his partner were transferred nearly $3 million in payments from Starline, according to the documents. As a result, when the bank forced Starline into liquidation, Marszalek and his partner were forced into bankruptcy as well.

☆ ABB’s $327 Million Bribery Settlement Arrives in U.S. Court
▼ + stars: | 2022-12-02 | by ( Dylan Tokar | ) www.wsj.com time to read: +5 min

The U.S. court hearing was part of a globally coordinated deal that extends to authorities in South Africa, Switzerland and Germany, with the apparent bulk of the fines being collected in South Africa. The settlement is the first that U.S. authorities have reached in coordination with authorities in that country. The Kusile Power Station, a coal-fired power plant in South Africa. Switzerland on Friday said it was issuing a fine of 4 million Swiss francs, equivalent to about $4.3 million dollars. The Justice Department said it anticipated a related settlement with German authorities, but didn’t indicate a time frame.

☆ Naomi Biden’s Wedding Sleeves Mark a Return to Timeless Style
▼ + stars: | 2022-11-28 | by ( Chavie Lieber | ) www.wsj.com time to read: 1 min

When Naomi Biden, the president’s 28-year-old granddaughter, wore custom Ralph Lauren for a rare White House wedding, one weather-appropriate detail stood out: her long lace sleeves. It looked like a nod to the buttoned-up bodice on the gown Grace Kelly wore to marry Prince Rainier III of Monaco. Despite the vanguard of current bridal designers producing more experimental silhouettes—jumpsuits, separates and nearly nude dresses—Ms. Kelly’s classic 1956 look keeps coming back. Among the brides who have emulated her style are Kate Middleton , actresses Lily Collins and Priyanka Chopra Jonas, socialite sisters Paris and Nicky Hilton, and model Jasmine Tookes, as well as legions of less-starry women who associate a high neck and covered arms with timeless glamour.

☆ ABB Nears Deal to Resolve Third U.S. Bribery Case Against Company
▼ + stars: | 2022-11-25 | by ( Dylan Tokar | ) www.wsj.com time to read: +7 min

Photo: Waldo Swiegers/Bloomberg NewsIn the U.S., the ABB deal is an early test of a pledge by the Biden administration to take a tougher stance on corporate repeat offenders. An ABB spokesman said the company continues to fully cooperate with authorities and hopes to reach a final settlement soon. Exactly how U.S. authorities, including the Justice Department, will frame the ABB deal in relation to the new stance on repeat offenders remains to be seen. Allowing the ABB parent company to avoid a guilty plea will in theory help shield much of its business globally from those risks. The ABB deal would also mark the second time the Swiss company has settled FCPA offenses with a deferred-prosecution agreement.

☆ Group's E and F get underway with Belgium, Germany and Spain in action
▼ + stars: | 2022-11-22 | by ( Ben Morse | ) edition.cnn.com time to read: +5 min

Germany will face a Japan team full of names familiar to fans around the world. For Costa Rica, it is a last hurrah for some of the country’s legendary players. So, with one final shot at glory, Belgium begin against a Canada side making its second appearance at a World Cup. Canada ended its 36-year drought to play in a World Cup when it qualified earlier this year. ETSpain vs. Costa Rica: 11 a.m.

☆ Red Bull driver rift adds spice to Abu Dhabi finale
▼ + stars: | 2022-11-16 | by ( Abhishek Takle | ) www.reuters.com time to read: +3 min

The Red Bull rift could bring fresh drama to Yas Marina, the circuit where last year Verstappen won his first title and denied Lewis Hamilton a record eighth in a massively controversial clash. read moreVerstappen has little at stake this time, having wrapped up his second title in Japan last month, but can expect a grilling from the world's media after leaving his motives a mystery at Interlagos. read morePerez acidly accused Verstappen of showing "who he really is" in refusing to hand back a place as requested by Red Bull who want the Mexican to end the season second overall. "I am sure that this race will bring back plenty of happy memories from the last 15 years," said the 35-year-old. The German could join them on the sidelines with Haas widely tipped to announce Nico Hulkenberg alongside Kevin Magnussen for next season.

☆ Burnley winger Zaroury called up by Morocco for injured Harit
▼ + stars: | 2022-11-16 | by ( ) www.reuters.com time to read: 1 min

Nov 16 (Reuters) - Burnley winger Anass Zaroury has been called up by Morocco coach Walid Regragui for his World Cup squad in place of injured forward Amine Harit, the Moroccan FA said on Wednesday. Marseille's Harit sustained a knee injury during a Ligue 1 match against AS Monaco on Sunday, which later turned out to be a sprain of the cruciate ligaments of the left knee. read more"Zaroury's call-up was made official following his official qualification by FIFA on Wednesday," the Moroccan FA said on its website. Morocco start their World Cup campaign on Nov. 23 against Croatia and also face Belgium and Canada in Group F.Reporting by Anita Kobylinska in Gdansk Editing by Toby DavisOur Standards: The Thomson Reuters Trust Principles.

☆ France's Deschamps says he has replacements ready for Kimpembe
▼ + stars: | 2022-11-14 | by ( ) www.reuters.com time to read: +1 min

Borussia Moenchengladbach striker Marcus Thuram and AS Monaco defender Axel Disasi were called up as Deschamps completed his squad, the French federation said on Monday. Disasi made the final cut after Kimpembe ruled himself out because of a hamstring injury. "Kimpembe did not have all the elements to be ready," Deschamps told reporters on Monday. Asked about his options to replace Kimpembe, the France coach added: "Konate and Upamecano. Deschamps also said 29-year-old Manchester United centre back Raphael Varane, who has been included in the squad despite being injured in October, was making good progress.

☆ Unhappy Perez says Verstappen showed "who he really is"
▼ + stars: | 2022-11-13 | by ( Alan Baldwin | ) www.reuters.com time to read: +3 min

Nov 13 (Reuters) - Red Bull's Sergio Perez said team mate Max Verstappen showed "who he really is" after the double Formula One world champion refused to give back a place in Sunday's Sao Paulo Grand Prix. The radio comment came after the Mexican let Verstappen overtake on the understanding that the position would be returned if the Dutch driver could not pass Alpine's Fernando Alonso for fifth place. Perez needs every point to beat Ferrari's Charles Leclerc to overall runner-up while Verstappen has already clinched the title. Perez and Leclerc are now tied on 290 points, with Leclerc ahead 3-2 on race wins. Verstappen, who had been penalised for a collision with Mercedes's Lewis Hamilton, was told by his engineer Gianpiero Lambiase to let Perez through at the finish but ignored it and took sixth, with Perez seventh.

☆ A 26-year-old stock trader made over $2.5 million in 2 years. Here's how he sets up a winning trade, and the strategy he uses.
▼ + stars: | 2022-11-12 | by ( Laila Maidan | ) www.businessinsider.com time to read: +10 min

Kyle Williams became interested in trading stocks after watching "The Big Short". The film piqued his interest and he began researching the stock market. Before Williams began researching the stock market, the only exposure he had to the stock market was through a mutual fund called the American Century Equity Growth Fund Investor Class (BEQGX), which his parents helped him set up when he was 11 years old, he said. As he became more familiar with the stock market, he researched the mutual fund he had been investing in and realized it wasn't even beating the S&P 500 after fees. Williams also decided to switch his major from engineering to finance because it was more aligned with the stock market.

☆ U.K.’s Serious Fraud Office’s Director to Depart Next Year
▼ + stars: | 2022-11-10 | by ( David Smagalla | ) www.wsj.com time to read: +2 min

Lisa Osofsky, director of the U.K.’s Serious Fraud Office, will leave her job in August 2023 after completing her five-year tenure with the white-collar crime prosecuting agency, according to a person with knowledge of the SFO’s plans. The U.K. attorney general’s office will start its search for her successor immediately, the person said in an email, adding that Ms. Osofsky will remain in her job for a short period after her tenure ends if needed. Newsletter Sign-up WSJ | Risk and Compliance Journal Our Morning Risk Report features insights and news on governance, risk and compliance. PREVIEW The leadership of the SFO by Ms. Osofsky, a former U.S. prosecutor, has been marked by scrutiny over its handling of a criminal bribery probe into oil-services consulting firm Unaoil Group. More recently, her team scored a victory in a case against Glencore PLC.

☆ How to start an e-commerce business with less than $2,000 upfront, according to a 34-year-old entrepreneur who does up to $42,000 a month in Amazon sales
▼ + stars: | 2022-11-10 | by ( Kathleen Elkins | ) www.businessinsider.com time to read: +8 min

Fu believes that anyone can start a successful e-commerce business with less than $2,000 upfront. The 34-year-old entrepreneur believes that anyone can build a profitable e-commerce business with less than $2,000 upfront. Watch 200 educational e-commerce YouTube videosThis is exactly how Fu learned the ins and outs of running an e-commerce business. At this point, you've learned the basics of running an e-commerce business and have made sales on Poshmark and Etsy. Starting an e-commerce business as a side hustle is probably the most risk-averse way to do it, she said.

☆ Factbox: List of squads for the 2022 World Cup
▼ + stars: | 2022-11-08 | by ( ) www.reuters.com time to read: +5 min

Midfielders: Aaron Mooy (Celtic), Jackson Irvine (FC St. Pauli), Ajdin Hrustic (Hellas Verona), Cameron Devlin (Heart of Midlothian), Riley McGree (Middlesbrough), Keanu Baccus (St Mirren). Goalkeepers: Alisson (Liverpool), Ederson (Manchester City), Weverton (Palmeiras). Midfielders: Bruno Guimaraes (Newcastle United), Casemiro (Manchester United), Everton Ribeiro (Flamengo), Fabinho (Liverpool), Fred (Manchester United), Lucas Paqueta (West Ham United). Midfielders: Thomas Delaney (Sevilla), Mathias Jensen (Brentford), Christian Eriksen (Manchester United), Pierre-Emile Hojbjerg (Tottenham Hotspur). JAPANDefender Yuta Nakayama was called up but will miss the World Cup after suffering an Achilles injury.

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