Sam Bankman-Fried Sentenced to 25 Years in Prison for FTX Fraud

Latest Administration News - Thu, 03/28/2024 - 22:25
Mr. Bankman-Fried, who was convicted of stealing $8 billion from customers of his FTX cryptocurrency exchange, faced a maximum sentence of 110 years.

Sam Bankman-Fried Sentenced to 25 Years in Prison for FTX Fraud

Latest Business News - Thu, 03/28/2024 - 22:25
Mr. Bankman-Fried, who was convicted of stealing $8 billion from customers of his FTX cryptocurrency exchange, faced a maximum sentence of 110 years.

Are Travel Loyalty Programs at Risk?

Latest Administration News - Thu, 03/28/2024 - 22:10
A new agreement by Visa and Mastercard to reduce fees charged to merchants may drain the lucrative rewards that grant free travel to many credit card users.

How Sam Bankman-Fried’s Sentence Compares With Other White-Collar Cases

Latest Administration News - Thu, 03/28/2024 - 21:23
Here’s how the former crypto mogul’s 25-year sentence stacks up against the prosecutions of Michael Milken, Bernie Madoff and others.

How Sam Bankman-Fried’s Sentence Compares With Other White-Collar Cases

Latest Business News - Thu, 03/28/2024 - 21:23
Here’s how the former crypto mogul’s 25-year sentence stacks up against the prosecutions of Michael Milken, Bernie Madoff and others.

Valentino Names Alessandro Michele as Creative Director

Latest Administration News - Thu, 03/28/2024 - 21:11
Alessandro Michele, the designer who brought profits and plenty of buzz to Gucci, was just named creative director of Valentino.

Josh Kushner and Karlie Kloss Plan to Revive Life Magazine

Latest Administration News - Thu, 03/28/2024 - 17:04
The investor Josh Kushner and his wife, Karlie Kloss, have struck a deal with Barry Diller’s media company to revive it as a regular print title.

Thames Water races to find cash as problems worsen

News Feed - Thu, 03/28/2024 - 16:18
Investors are refusing to provide an expected first £500m by the end of this month.

Tesla’s Pivot to China Saved Musk. It Also Binds Him to Beijing.

Latest Business News - Thu, 03/28/2024 - 15:52
Tesla and China built a symbiotic relationship, with credits, workers and parts that made Mr. Musk ultrarich. Now, his reliance on the country may give Beijing leverage.

Easter travel warning as millions set to hit roads

News Feed - Thu, 03/28/2024 - 15:46
The RAC warns of "carmageddon" as heavy traffic is expected during the Easter getaway.

How do I renew my UK passport and what is the 10-year rule?

News Feed - Thu, 03/28/2024 - 14:58
UK travellers have been turned away at airports because their passports are not valid for EU travel.

4 Takeaways About Boeing’s Quality Problems

Latest Administration News - Thu, 03/28/2024 - 14:37
The company’s issues date back years, employees said, and were compounded by the pandemic, when it lost thousands of experienced workers.

Meta’s Ray-Ban Smart Glasses Use AI to See, Hear and Speak. What Are They Like?

Latest Administration News - Thu, 03/28/2024 - 14:35
What happens when a columnist and a reporter use A.I. glasses to scan groceries, monuments and zoo animals? Hilarity, wonder and lots of mistakes ensued.

Meta’s Ray-Ban Smart Glasses Use AI to See, Hear and Speak. What Are They Like?

Latest Business News - Thu, 03/28/2024 - 14:35
What happens when a columnist and a reporter use A.I. glasses to scan groceries, monuments and zoo animals? Hilarity, wonder and lots of mistakes ensued.

California $20 Fast-Food Minimum Wage Is Coming April 1

Latest Administration News - Thu, 03/28/2024 - 14:33
The nation’s highest state minimum wage for fast-food workers takes effect on Monday. Owners and employees are sizing up the potential impact.

How Boeing Favored Speed Over Quality for the 737 Max

Latest Administration News - Thu, 03/28/2024 - 14:32
Problems have plagued the manufacturer even after two fatal crashes, and many current and former employees blame its focus on making planes more quickly.

How Boeing Favored Speed Over Quality for the 737 Max

Latest Business News - Thu, 03/28/2024 - 14:32
Problems have plagued the manufacturer even after two fatal crashes, and many current and former employees blame its focus on making planes more quickly.

China Lifts Punishing Tariffs on Australian Wine

Latest Administration News - Thu, 03/28/2024 - 13:21
Despite its thirst for Australian wine, China had taxed the imports in 2020 over a dispute about Covid-19.

The China smartphone giant taking on Tesla

News Feed - Thu, 03/28/2024 - 09:24
Xiaomi's entry into the electric car market comes as a price war has been intensifying.

Cars, coal and gas... key cargo at Baltimore port

News Feed - Thu, 03/28/2024 - 05:31
It handles more cars than any other US port. So what happens now it's closed for business?

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