Former Celadon COO, CFO indicted on multiple fraud charges

The former chief operating officer and chief financial officer of Indianapolis-based Celadon Group Inc. have been indicted for their alleged roles in what the U.S. Department of Justice describes as a “complex securities and accounting fraud scheme that resulted in a loss of more than $60 million in shareholder value.”

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U.S. failing to stop China from stealing research, report says

The problem is especially urgent, says a congressional report, because billions of dollars in taxpayer-funded research have “contributed to China’s global rise over the last 20 years” and to its goal of being a world leader in science and technology by 2050.

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