Web Stories Thursday, November 5
Iconic NYC bookstore owned by Dem senator’s wife to pay .5M over ineligible COVID loan

An iconic New York City bookstore owned by a Democratic senator’s wife has agreed to pay nearly $1.5 million to settle allegations that it improperly received a COVID-era loan it was barred from obtaining under federal law. The Strand will pay $1,482,560 to resolve allegations that it violated the False Claims Act by applying for and receiving a $932,350 second-draw Paycheck Protection Program (PPP) loan in 2021, the Department of Justice (DOJ) announced Tuesday.At the…

United States

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Politics

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Business

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Riot Lands B AI Lease as Hut 8 Faces Rising Costs

Shares of Bitcoin miner Riot Platforms surged more than 13% Wednesday after the company announced a $28 billion AI data center lease, its largest agreement to date as it accelerates its expansion into artificial intelligence infrastructure.The 15-year agreement covers 910 megawatts at its Corsicana, Texas, facility, bringing its total future…

Lifestyle

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Hidden gem in Los Angeles named the best Indian restaurant in America

The best Indian restaurant in American isn’t tucked away in a trendy Los Angeles neighborhood or a Michelin-starred hotspot. It’s hiding in plain sight beside a truck stop off Interstate 5. LA Indian Cuisine, an unassuming counter-service eatery in Castaic, about 40 miles north of downtown Los Angeles, has been…