Caroline Ellison testifies Sam Bankman-Fried directed her to commit fraud
Caroline Ellison, the ex-girlfriend and former top deputy of FTX founder Sam Bankman-Fried, admitted during his fraud trial to committing crimes and blamed the fallen crypto king.
FTX's Sam Bankman-Fried's ex-Caroline Ellison to take stand
The collapse of Sam Bankman-Fried's cryptocurrency exchange FTX has led to an increased focus on the role played by Alameda Research and its CEO Caroline Ellison, also SBF's former gal pal, in the firm's implosion.
ExxonMobil executive David Scott arrested in Texas on sexual assault charge
David Scott, an ExxonMobil executive, has been charged in Texas with second-degree sexual assault, a felony.
MGM Resorts racks up $100M cost from cyberattack
MGM Resorts International has put a number on the cost of the disruptive cyberattack it experienced in September. It estimated the damage at $100 million.
Michigan thief used Bluetooth to steal 800 gallons of gas by hacking into pumps, station owner says
A Michigan man allegedly stole 800 gallons of gas from a Shell station using the Bluetooth from a cellphone to hack the pump as prices continue to increase, the station owner said.
Striking UAW members hit by car outside Michigan GM plant
Five UAW members who were striking outside of a General Motors plant near Flint suffered minor injuries after being struck by a vehicle, reports say.
Target points to retail crime as reason as company set to shutter 9 stores
Target said Tuesday it would close a handful of stores, citing theft and organized retail crime that put safety and business performance at risk. The move affects nine total stores.
AI voice cloning scams on the rise, expert warns
Scammers are increasingly using artificial intelligence tools like voice cloning to impersonate their targets' family members in a bid to get them to send money.
UPS using AI to prevent 'porch pirates' from stealing packages
UPS is leveraging artificial intelligence to prevent "porch pirates" from stealing consumers' packages after they are delivered and recommend the best options for successful deliveries.
CA store owners sound off on retail theft hurting business
California small business owners say Democrat-led policies encourage thieves to commit crimes "more brazenly," noting community concerns have "escalated" on the issue.
Nike abandons Portland store re-opening amid 'theft and safety issues'
Nike has decided to abandon a store it had temporarily closed in Portland, Oregon due to "theft and safety" issues, according to a local outlet's report.
United Airlines passenger attempts to enter cockpit, open exit doors during takeoff
An unidentified passenger on a United Airlines flight from Chicago to Los Angeles allegedly tried to forcefully enter the cockpit and open the plane's exit doors before takeoff.
Florida restaurant confronts 'dine-and-dash' customers with 'popular' new tactic
Rick’s on the River owner Ken Brackins shares his strategy for combating dine and dashers by posting security footage on social media.
Atlanta Walmart considers adding police substation when it reopens
A Walmart Supercenter in Atlanta is reopening next year, more than a year after it caught fire. When it does, it will have a workspace that's specifically for law enforcement officials.
Stuart Varney: Why is Harvard hiring failures to teach elites?
FOX Business' Stuart Varney examines why prestigious Harvard University hired ex-mayors Lori Lightfoot and Bill de Blasio to teach students about how to run a big city.
CA mayor warns crime, Democrat-led 'moral crisis' are 'coming home to the suburbs'
Shoplifting and retail theft has become "rampant" in Vista, California, says the city's mayor, who put the onus on the Prison Realignment Act and Prop 47.
Pretzel-shop worker with pennies in bank account charged in $1M scheme to buy Tesla, GameStop, Nvidia shares
The SEC has charged a 23-year-old part-time pretzel-shop worker in a $1 million fraud scheme to buy shares of Tesla, GameStop and Nvidia.
Dollar General expects $100M headwind from theft
Dollar General reported Thursday that its gross profit as a percentage of net sales slipped in its second quarter in part because of an elevated level of inventory shrink.
San Francisco Nordstrom closes after more than 30 years in business amid retail exodus
Nordstrom in downtown San Francisco has finally shut its doors for good after being a staple in the Westfield mall for over 35 years due to changing "dynamics" of the city.
Nordstrom reports 'historical highs' for theft-incurred losses
Nordstrom recently provided an update on the impacts it has seen from retail theft, with the CEO saying losses were "at historical highs" but "in line" with what they expected for the year.



















