Tom Hays

Associated Press

Industrial Media Unboxing Video

Industrial Media Unboxing Video

December 10, 2024

Anduril, Archer to Make New Military Aircraft for Critical Defense Applications

December 12, 2024

Jeremie Papin, chairperson of Nissan Americas, speaks about the all-new redesign of the company's midsize truck, the Frontier, at a ceremony marking the start of production of the 2022 model at their Canton Vehicle Assembly Plant in Canton, Miss., on July 15, 2021.

Nissan Calls on Americas Chairman to Fix Its Money-Losing Business

December 12, 2024

Production manager Camilo Aguilar (left) and CEO Justin Montes, DeAngelo Marine Exhaust, watch how Hirebotics’ Cobot Welder MIG welds at 20 inches per minute, a 10x boost in production compared to manual TIG welding.

Cobot Tools Support Welder Well-Being, Boost Arc-On Time

December 12, 2024

Industrial Media Unboxing Video

Industrial Media Unboxing Video

IEN Unboxed is a new show in which our editors unbox new tools on the market and discuss their features.

December 10, 2024

U.S. Attorney Richard P. Donoghue announces charges against Aventura Technologies, Thursday, Nov. 7, 2019, in the Brooklyn borough of New York. The New York company has been charged with illegally importing and selling Chinese-made surveillance and security equipment to U.S. government agencies and private customers.

Chinese Surveillance Illegally Sold in US

The US military was one of the firm's customers.

November 8, 2019

Adidas I Stock

Adidas Fixer Sentenced in Hoops Case

The scheme lured prized prospects to Adidas-sponsored hoops programs by funneling tens of thousands of dollars in secret payments to their families.

September 11, 2019

In this Aug. 15, 2017 file photo, former pharmaceutical CEO Martin Shkreli speaks during an interview by Maria Bartiromo during her 'Mornings with Maria Bartiromo' program on the Fox Business Network, in New York. The imprisoned pharmaceutical entrepreneur, who is serving prison time for fraud, has filed a fraud lawsuit against one of his former investors.

Martin Shkreli Sues Former Investor

Before his arrest, Shkreli was best known for buying the rights to a lifesaving drug at another company in 2014 and raising the price from $13.50 to $750 per pill.

September 9, 2019

In this Oct. 18, 2018, file photo, former Adidas executive James Gatto arrives at federal court in New York. Gatto and two co-defendants were convicted, Wednesday, Oct. 24, 2018, of committing fraud by paying families of NCAA college basketball prospects with cash so the prospects would attend colleges sponsored by Adidas.

Ex-Adidas Exec Convicted in Basketball Case

The men admitted to channeling secret payments to the families of top recruits, luring them to major basketball programs sponsored by Adidas.

October 25, 2018

In this Aug. 3, 2017, file photo, Martin Shkreli arrives at federal court in New York. A judge has ordered Shkreli to forfeit more than $7.3 million in assets in his securities fraud case, Monday, March 5, 2018.

'Pharma Bro' to Forfeit $7M

The defense had argued that Shkreli shouldn't have to forfeit anything because the hedge fund investors actually ended up making a profit from drug company stock he gave them.

March 5, 2018

Acting U.S. Attorney for the Southern District of New York Joon H. Kim, second from right, and FBI Assistant Director William Sweeney, Jr., right, hold a press conference to announce the arrest of four assistant basketball coaches from Arizona, Auburn, the University of Southern California and Oklahoma State on federal corruption charges, Tuesday Sept. 26, 2017, in New York.

Adidas Embroiled in NCAA Bribery Scandal

Federal prosecutors said at least three top high school recruits were promised payments of as much as $150,000 to attend universities sponsored by the athletic shoe company.

September 27, 2017

In this file photo, former pharmaceutical CEO Martin Shkreli speaks during an interview. Shkreli's lawyer says his client's caustic online rants shouldn't be taken so seriously.

Case on Locking Up 'Pharma Bro'

The hearing centers on whether the online antics of Martin Shkreli are bad enough to put him behind bars.while he awaits sentencing for his securities fraud conviction.

September 13, 2017

In this June 20, 2014, file photo, a United Parcel Service driver starts his truck after making a delivery in Cumming, Ga. On Friday, March 24, 2017, a federal judge ruled that UPS ignored 'red flags' that its brown trucks were being used to transport untaxed cigarettes from Indian reservations, but stopped short of imposing a $873 million penalty that regulators sought in the civil case.

UPS Found Liable Over Cigarettes

The judge called internal UPS documents alone, including employees' emails, expressing unease about the shipments of tobacco, as "sufficient to support UPS's liability."

March 27, 2017

In this Nov. 1 2005 file photo Jacob 'Kobi' Alexander, former Chairman and Chief Executive Officer of Comverse Technology Inc., attends a fundraising dinner in New York. Alexander, who dodged securities fraud charges by spending a decade in Africa with a $50 million nest egg, was sentenced Thursday, Feb. 23, 3017, to 30 months in prison by a judge in New York City who blasted him as 'foolish' for hatching his scheme and fleeing justice for so long.

Former Tech CEO Gets Prison

He dodged fraud charges by spending a decade in Africa with a $50 million nest egg.

February 24, 2017

Gavel 57bda0378340e

CEO to Plead Guilty in Fraud Case

Kobi Alexander vanished in 2006 while under investigation for backdating stock options for his Woodbury-based company, voicemail software maker Comverse Technology Inc.

August 24, 2016