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  • Associated Press

    Violence intensifies in southwest Colombia as FARC holdout group attacks police and military

    Violence intensified in southwestern Colombia on Monday when a bomb blast injured six people in the city of Jamundi and an attack by insurgents on a police station in the rural town of Morales left at least two officers dead, according to police. Colombia’s government attributed the attacks to the FARC-EMC a rebel group that broke off from the Revolutionary Armed Forces of Colombia and refused to sign a 2016 peace deal in which more than 14,000 rebels demobilized. The group’s western faction walked away from a new round of peace talks with the government in April and has since staged a series of attacks on military and police, including a roadside bomb last Friday that killed an 11-year-old.

  • Associated Press Finance

    Bankruptcy judge approves Genesis Global plan to refund $3 billion to creditors, crypto customers

    A bankruptcy court judge has approved a plan by the cryptocurrency lender Genesis Global to return about $3 billion to its creditors and investors, including thousands of people who New York regulators say were defrauded by the company. The plan and settlement approved Friday by Judge Sean H. Lane includes up to $2 billion to settle a lawsuit by New York Attorney General Letitia James, who said the company misled investors about the risks of putting their money into a company program known as Gemini Earn. “This historic settlement is a major step toward ensuring the victims who invested in Genesis have a semblance of justice," James said in a statement Monday.

  • Associated Press Finance

    Billionaire rains cash on UMass graduates to tune of $1,000 each, but says they must give half away

    The clouds weren't alone in making it rain on the commencement ceremony at the University of Massachusetts Dartmouth last week. On stage, billionaire philanthropist Rob Hale surprised the graduating class of more than 1,000 by pointing to a nearby truck holding envelopes stuffed with cash. Hale told the students each would get $1,000.