Author: NCIJ NETWNCIJ NETWORK

Claim: Capital One bank closed 300 of U.S. President Donald Trump’s accounts because of money laundering concerns. Rating: Context Lawyers for Capital One said in a court filing in July 2026 that the bank closed accounts belonging to 12 plaintiffs for “anti-money laundering reasons” following reviews by the bank’s experts. The bank did not reveal the findings of the investigation, meaning it isn’t clear whether it had proof the plaintiffs actually laundered money through their accounts. Also, it’s unclear exactly how many accounts the bank closed; the plaintiffs said they had approximately 385. In late July and early August 2026,…

Spain and fellow EU nations moved to bury the hatchet Tuesday after a mass influx of migrants into the North African enclave of Ceuta laid bare fault lines on migration within the 27-nation bloc. Addressing reporters following three hours of talks with the bloc’s interior ministers, EU migration chief Magnus Brunner said the crisis had “tested” Europe’s border security, its “resilience to disinformation” and “solidarity” among member states. “Europe, I think, has definitely passed this test,” said the commissioner. “It was a crisis, but now fortunately, it has been resolved.” Spain moved swiftly to send migrants back from Ceuta, confirming…

Ministers will scrap the requirement for companies to prove their green and progressive values before they are awarded government contracts, and instead ask firms to prove they will help young people back into work.As part of a government push to reduce the number of people not in education, employment or training (Neets) in the UK and boost regional growth, public sector buyers will double the consideration they give to whether companies will get more people into jobs, rather than if they can show they are improving social and environmental wellbeing. Government procurement contracts account for about £90bn of taxpayers’ money…

Voters in Michigan are heading to the polls on Tuesday to decide a bruising, high-stakes Democratic Senate primary and closely-watched Democratic House races that could offer clues about the party’s direction.Here’s what to know about Primary Day in Michigan, a perennial battleground state.What’s at stake in the marquee Senate race?The Democratic Senate primary pits two candidates with starkly different visions for their party.The winner will try to protect a seat that the retiring Democratic senator Gary Peters is vacating. The general-election race is expected to be one of the most competitive contests in the country in November.In the Democratic primary,…

SpaceX’s AI revenue grew more than three times to $2.6 billion from the year before, mostly because of deals that the company made to provide compute to other AI companies, according to SpaceX’s quarterly earnings. The AI division, which the company said in its documents to go public was the source of most of its value, lost $1.5 billion this quarter, slightly less than in the same quarter last year.“We’re building AI compute capacity at scale faster than anyone else, we believe, and we’re significantly improving our AI models,” Elon Musk said on an investor call.Despite its name, SpaceX said…

The Greatness phishing-as-a-service (PhaaS) platform has expanded from credential phishing to adversary-in-the-middle attacks and device-code phishing targeting Microsoft 365 accounts. The platform has been active since at least mid-2022, targeting Microsoft 365 users in the United States, Canada, the UK, Australia, and South Africa. It evolved over the years and now targets multiple platforms, including Microsoft 365, iCloud, Yahoo, and Google Workspace. Currently, it is sold for $289 per month to cybercriminals over a Telegram channel with thousands of subscribers. The Greatness panelSource: ZeroBEC In a recent campaign observed by researchers at email security company ZeroBEC, Greatness operators abused the RingCentral communications platform…

Bank reserves fell $77.579 billion on a weekly-average basis last week ending July 29. Days later, the US Treasury borrowing estimate for July through September rose by $68 billion. The overlap puts Bitcoin’s liquidity setup under scrutiny. Several forces moved across the Fed’s balance sheet, blurring any direct line from Treasury cash to the reserve decline.The US Treasury borrowing estimate released on Aug. 3 puts the end-September cash balance at $950 billion. Against its May 4 baseline, the headline increase is $68 billion. Strip out the $19 billion higher starting balance, and the revision grows to $87 billion, driven mainly…

As Homer tells us, Odysseus made an epic journey, against the odds, from Troy to his home in Ithaca. He visited many lands, but mostly dwelt with the nymph Calypso on her island. We can imagine that his wife, Penelope, would have asked him about that particular time. Odysseus might have replied, “It was nothing. In fact, it was less than nothing. Negative five years I dwelt with Calypso. How else could I have arrived home after only ten years? If you don’t believe me, ask her.” Quantum particles, it turns out, are just as wily as Odysseus, as we…

Reading Time: 5 minutes Madison police arrested at least seven people early Tuesday morning as officials moved to clear out an encampment at the site where a Madison police officer shot Corey Ruiz on July 22. An additional 10 people have been cited, according to a Madison police spokesperson. The street reopened to traffic just after 9 a.m. For close to 13 days, the area had been blocked off by a memorial to Ruiz, a 38-year-old Black man. That memorial morphed into an encampment spanning several city blocks, as people brought tents, mattresses and grills to the site at South Baldwin and…

Welcome back to World Brief, where we’re looking at indirect U.S.-Iran peace talks, alleged Russian and Ukrainian drone strikes on civilians, and the political fallout of Spain’s migrant crisis. Status of Negotiations Qatari mediators confirmed on Tuesday that the United States and Iran are actively negotiating a peace deal to end the monthslong conflict. Indirect talks are in “very progressive stages,” Qatari foreign ministry spokesperson Majed al-Ansari said. “I can tell you that language has been drafted on a possible agreement and is being circulated between the parties.” Welcome back to World Brief, where we’re looking at indirect U.S.-Iran peace…