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Amazon opens an inquiry into Nicole Saphier’s product compliance following Guardian inquiry. White House says she will be a ‘powerful asset’ for Maha agendaDonald Trump’s nominee for surgeon general sells an herbal supplement that contains an ingredient prohibited by the US military and which health experts have warned can cause liver damage.Dr Nicole Saphier’s record of selling dietary supplements, which are only loosely regulated in the US, has raised concern among doctors and consumer advocates, some of whom allege she sells “snake oil”. Continue reading...

Michael Thomson admitted to breaching a restraining order by selling a range of luxury itemsThe former boss of collapsed investment firm London Capital & Finance (LC&F) has been imprisoned for six months for contempt of court, after admitting breaching a restraining order by selling luxury items including horse saddles and a hot tub.Michael Thomson’s actions were characterised by Judge Milne as an attack on the administration of justice. Thomson was sentenced alongside his wife, Debbie, who also admitted to the offences but whose six-month sentence was suspended for a period of two years. Continue reading...

Abstract expressionist’s Number 7A, 1948, becomes the fourth most expensive work ever sold at auctionA Jackson Pollock painting has sold for a record $181.2m (£135.3m) at Christie’s in New York.The sale on Monday made Number 7A, 1948 the fourth most expensive work ever sold at auction, according to ARTnews. Continue reading...

Politicians still care about traditional media, but winning over people spending more of their lives online is the challenge for modern MPsGet our breaking news email, free app or daily news podcastHe’s up before sunrise, pounding the pavement in a cap and running shorts. He’s still up late into the night, having slipped into a comfortable sweater while he checks figures in a darkened office by lamplight, fuelled by sugar-free Red Bull.It’s “decision week”, Jim Chalmers declares of the annual federal budget in a video that pinged around political group chats this week. The treasurer was keen to take people behind the scenes on social media. Continue reading...

• South Korea's Kospi index plummeted as much as 3.2% early on May 13 due to Samsung Electronics failing to reach a pay deal with its union, but rebounded sharply 2.6% to close at a record 7,708-7,844. • The recovery was aided by government efforts to manage the labor situation and broader AI optimism reviving market sentiment despite US inflation data and Iran tensions. • This standout performance contrasted with mixed regional moves, highlighting Korea's volatility amid corporate labor issues and tech sector strength.

Automaker had given ‘numerous statements reassuring drivers that it would not do so’, says California attorney generalGeneral Motors (GM) agreed to pay $12.75m to resolve claims that it illegally sold hundreds of thousands of Californians’ location and driving data to two data brokers, said the state’s attorney general, Rob Bonta, on Friday. He said this came after the Detroit-based automaker had given “numerous statements reassuring drivers that it would not do so”.“General Motors sold the data of California drivers without their knowledge or consent,” Bonta said in a statement. “This trove of information included precise and personal location data that could identify the everyday habits and movements of Californians.” Continue reading...

• Foreign institutional investors (FIIs) have sold Indian stocks on 150 out of the past 240 trading days, reflecting a sustained outflow trend over the last several months. • The selling pressure is attributed to rising oil prices, rupee weakness, and elevated US bond yields, which have made emerging market assets less attractive relative to US fixed income. • This persistent FII exit contrasts with India's overall attractiveness as a global investment destination and poses near-term headwinds for equity valuations.

Pair apologise in court after being accused of defrauding buyers including some of New York’s most prominent fine art auction housesA father and daughter in New Jersey have pleaded guilty to running a years-long counterfeiting scheme to trick art galleries and auction houses into buying forged paintings of works by prominent artists such as Andy Warhol, Banksy and Pablo Picasso.Federal prosecutors said Erwin Bankowski, 50, and Karolina Bankowska, 26, commissioned an artist in Poland to create at least 200 of the fakes and ultimately defrauded buyers of at least $2m. Continue reading...

Wave of measures has helped cut offending in stores by a fifth last year as new retail crime law comes into forceCo-op is secretly marking commonly-stolen items including alcohol and laundry detergents with invisible “forensic spray” to track them, in the latest crackdown on shoplifting as a new law on retail crime kicks in.The grocer is to use the technique, which helps the retailer to identify where stolen items are being resold and report them to the police, across the country after testing it in Manchester and London since last year. Continue reading...

Exclusive: State government commits to strengthening laws as Higgins labels Albanese government’s response to women’s safety issues ‘disheartening’Get our breaking news email, free app or daily news podcastThe Victorian government will strengthen laws regarding the use of victim-survivors’ confidential communications after a push by advocates including Brittany Higgins, who described her experience of having counselling records subpoenaed as a “violation”.In an interview with Guardian Australia, Higgins was also critical of the federal government’s lack of action following a sweeping review into the justice system’s responses to sexual violence, saying it had “completely fallen off the agenda”.Information and support for anyone affected by rape or sexual abuse issues is available from the following organisations. In Australia, support is available at 1800Respect (1800 737 732). In the UK, Rape Crisis offers support on 0808 500 2222. In the US, Rainn offers support on 800-656-4673. Other international helplines can be found at ibiblio.org/rcip/internl.html Continue reading...

• The Nasdaq Composite fell 0.48% to 16,240.35 on Monday, April 26, driven by weakness in mega-cap technology stocks including Apple (down 1.2%) and Microsoft (down 0.9%), as investors reassess growth expectations ahead of the Federal Reserve's May meeting. • Treasury yields climbed to 4.35% for the 10-year note amid inflation concerns, pressuring valuations of rate-sensitive tech companies and spurring profit-taking after recent market gains. • The decline reflects growing caution among portfolio managers about earnings sustainability in the second quarter, with earnings guidance from major tech firms expected to dominate trading through early May.

Brand, who will be tried in October over allegations of rape and sexual assault, tells podcast he slept with 16-year-old when he was 30Russell Brand said he had “exploitative” consensual sex with a 16-year-old girl at the height of his fame.The comedian, actor and podcaster, 50, will be tried in the autumn over allegations of rape and sexual assault made against him by six women. Brand denies all the charges, which date from 1999 to 2009. Speaking about his past actions in an appearance on the YouTube show of the US journalist Megyn Kelly, Brand described himself “selfish” and an “exploiter of women”. Continue reading...

Industry groups dismayed at hints policy will not be in king’s speech, as touts make huge sums from BBC Radio 1 eventKeir Starmer has been urged to honour his pledge to ban ticket touting, amid fears that the policy will be left out of next month’s king’s speech, potentially costing fans “hundreds of millions”.Music industry groups called on the prime minister to act as fresh evidence showed that professional ticket “traders” had targeted BBC Radio 1’s Big Weekend next month, making huge mark-ups through sites such as Viagogo and StubHub. Continue reading...

Adult video platform to sell minority stake to increase stability after death of its founder Leonid RadvinskyBusiness live – latest updatesOnlyFans, the UK adult video platform, is in talks to sell a minority stake to a US investor that will value the business at more than $3bn (£2.2bn).The London-based company is in advanced talks to sell a stake of less than 20% to the San Francisco-based investment firm Architect Capital, according to the Financial Times. Sources familiar with the process confirmed the talks to the Guardian. Continue reading...

Former Fox News host says publishing house Skyhorse ‘looking for books that nobody else will publish’Former Fox News host Tucker Carlson is set to launch his own imprint and publish books by the likes of Russell Brand and “alt-right” commentator Milo Yiannopoulos.The imprint, Tucker Carlson Books, will be part of the US-based publisher Skyhorse. “I think most people don’t read books anymore because they’re too absorbed in all the other available media,” said Carlson, according to the Wall Street Journal. He added that those who do “tend to be disproportionately influential in policy conversations and conversations about ideas”. Continue reading...

Estate agents say rising mortgage costs have created a mood of fear, with Canterbury among the cities being hitHave you lost a mortgage deal or seen your rate rise?On a warm, spring morning in Canterbury, the cobbled streets are buzzing with activity and the white Tudor houses gleam in the sun.It is a scene that seems far removed from events in the Middle East, but the conflict is undermining business and consumer confidence – rattling the city’s housing market just as the spring selling season began. Continue reading...

Expert said federal law bars officials from taking actions in their jobs that benefit their own financial interestsA high-profile US defense department official who oversees the agency’s artificial intelligence efforts made a profit of up to $24m selling a private investment he held in Elon Musk’s AI company earlier this year, according to government ethics records released this month. The value of his stake totaled a maximum of a million dollars when he joined the department.Emil Michael, who is the Pentagon’s under secretary for research and engineering under the Trump administration, oversees negotiations with AI companies and has been pushing the defense department to rapidly increase the widespread use of AI. Continue reading...

Bret McKenzie and Jemaine Clement announce four shows at Wellington venue Meow Nui from next week – their first gigs since 2018New Zealand’s self-described “fourth most popular guitar-based digi-bongo-a cappella-rap-funk-comedy-folk duo” Flight of the Conchords sold out their first shows in eight years in minutes this week, sparking a frenzy among fans.Bret McKenzie and Jemaine Clement formed the musical comedy act in 1998, soaring to worldwide fame off the back of their HBO comedy series of the same name with tunes including Business Time and Hiphopopotamus vs Rhymenoceros. Continue reading...

Drone-maker backed by Eric Trump and Donald Trump Jr tries to win contracts with Gulf countries protected by USA drone-maker backed by Donald Trump’s two oldest sons is trying to sell to Gulf countries while they are under attack by Iran and dependent on the US military led by their father.The sales drive by Florida-based Powerus – which announced a deal last month to bring aboard Eric Trump and Donald Trump Jr – positions the company to potentially benefit from a war that their father began. Continue reading...

Government must ‘come down very hard’ on online trade in knives and weapons, says policing and crime minister Sarah JonesChildren are setting up online businesses selling knives in the same way they trade clothes, the policing and crime minister Sarah Jones has said.Jones heard how children as young as 12 were buying and selling the weapons on the internet and social media at the opening of the new National Knife Crime Centre in Bloomsbury, central London, on Thursday. Continue reading...

Sale of Providence House believed to be the most expensive on record in LondonUK politics live – latest updatesNick Candy, the honorary treasurer of Reform UK and a major donor, has sold his mansion in the Chelsea district of London for a reported £275m.The property developer declined to comment on the transaction, which was first reported by Bloomberg, but it is believed to be the most expensive on record in London and one of the biggest in the world. Continue reading...

Hackney leaseholders feel council made the problem worse by leaving £850,000 debt uncollected for eight yearsLeaseholders in east London have said they are “trapped in unsellable homes” because of an £850,000 debt owed by the building’s developer to Hackney council, who have let it go unpaid for eight years.The 17 leaseholders, who live in a block of flats in Upper Clapton, have appealed to the council for help but their pleas, including requests for a meeting, have been ignored. Continue reading...

Two-thirds of teenagers are still on social media platforms included in the ban, according to the eSafety commissionerFollow our Australia news live blog for latest updatesGet our breaking news email, free app or daily news podcastWhen the age assurance technology trial released its final report before Australia’s under-16s social media ban came into effect last year, its first finding was: age assurance can be done privately, efficiently and effectively.Four months since the ban came into effect, we can say that was – to paraphrase Yes Minister – a courageous statement. Continue reading...

• Every Magnificent 7 stock has fallen into double-digit losses from 52-week highs, with Microsoft down roughly 32% from its October peak, marking its worst start to a year in history, as the group enters correction territory. • Oil prices surged following Operation Epic Fury beginning February 28, reigniting inflation expectations and shifting rate outlook; markets now price in greater likelihood of rate hikes by year-end rather than cuts. • Excitement around AI infrastructure spending has waned amid concerns over combined capital expenditures for Google, Microsoft, Amazon, and Meta expected to exceed $650 billion in 2026, up 60% from 2025.

Yields on 10-year debt reach highest since the 2008 financial crisis, raising concerns of faster interest rate risesUK government borrowing costs have risen above 5% amid an intensifying global bond market sell-off fuelled by the Iran war.The yield – or interest rate – on 10-year debt hit its highest level since the 2008 financial crisis, rising 13 basis points to 5.081%, as investors acted on concerns about the economic fallout from the conflict. Continue reading...

Laurence Gray charged with attempting to provide material support to terrorist organizations An Arizona licensed gun dealer was charged this month with attempting to provide material support to terrorist organizations after federal agents caught him allegedly selling a series of rifles and guns to two Mexican cartels.The federal charges against the American firearms dealer come amid years of pressure by the Mexican government to stop the flow of weapons into the country. Mexico’s violent and bloody internal conflict, between drug cartels and the Mexican government, has been largely fueled by American weapons smuggled into the country. Continue reading...

Homebuyers lose confidence amid higher rates and Iran war-linked price rises across the economy, buyers agent saysFollow our Australia news live blog for latest updatesGet our breaking news email, free app or daily news podcastSurging numbers of homes are being passed in at auction as higher interest rates weigh on demand and the number of properties for sale hits highs not seen since 2021.The national auction clearance rate last week was just under 57%, the lowest this year, with Sydney’s at 55%, Cotality data shows. The remainder includes both houses that did not sell at auction and houses withdrawn before auction. Continue reading...

Writer looked to topics such as computer engineering and life in a nursing home to produce richly researched booksTracy Kidder, an award-winning narrative nonfiction writer who turned everything from computer engineering to life in a nursing home into unexpected bestsellers, has died. He was 80.Kidder’s longtime publisher Random House confirmed his death in a statement on Wednesday: “Tracy’s gifts for storytelling and tireless reporting are an enduring reflection of the empathy, integrity, and endless curiosity he brought to everything he did.” Continue reading...