Flashback: Bill Clinton hung with Bankman-Fried at $3K Bahamas shindig, called for 'do no harm' regulations
Before FTX went bankrupt, and CEO Sam Bankman-Fried lost his fortune, he moderated a panel with former President Bill Clinton calling for "do no harm" regulations on crypto.
FTX lawyers say Bankman-Fried's 'incessant and disruptive tweeting' is complicating bankruptcy case
FTX bankruptcy lawyers accuse former CEO Sam Bankman-Fried of complicating their case with "his incessant and disruptive tweeting."
Sam Bankman-Fried expressed optimism about crypto regulations months before FTX's collapse
The collapse of Sam Bankman-Fried's FTX has drawn attention to his efforts to influence regulations on the crypto industry and his past comments on the subject before his firm folded.
Chinese imports to US dropping faster than total imports: report
Chinese imports to the U.S. have fallen faster than total imports in recent months as political upheavals around the world force businesses to rethink traditional supply chains
UK inflation accelerates to 41-year high of 11.1%
Red-hot inflation has begun to peak in the United States, but Jeremy Hunt and the Bank of England face the United Kingdom's highest inflation since 1981.
Iranian-backed hackers compromise federal government network to mine cryptocurrency
Iranian-backed hackers broke into the network of a U.S. federal government agency and used that access to install cryptocurrency mining software, CISA said.
FTX’s Bahamas liquidators reject ‘validity’ of US bankruptcy proceedings
Liquidators for FTX filed a petition to a New York court, rejecting the validity of US bankruptcy proceedings, arguing that Bahamanian law takes precedent.
US may extradite Sam Bankman-Fried amid FTX collapse investigation
The U.S. may request Sam Bankman-Fried's extradition from the Bahamas for questioning regarding the collapse of FTX.
House lawmakers to probe FTX collapse in December hearing
The House Financial Services Committee will hold hearings on the collapse of cryptocurrency exchange FTX in December, lawmakers announced Wednesday.
FTX's Sam Bankman-Fried collapse compared to Enron, Madoff
The collapse of cryptocurrency exchange FTX amid reports at least $1 billion in client funds disappeared has prompted comparisons to notorious financial scandals in recent decades.
FTX founder Sam Bankman-Fried funneled max donation to Nancy Pelosi's likely successor
Sam Bankman-Fried donated the maximum allowed amount to Democratic Caucus Chairman Hakeem Jeffries who is expected to succeed Speaker Nancy Pelosi as the top House Democrat.
Auto makers shift to lower-cost batteries for electric vehicles
To reduce price of electric cars, caused by supply-chain snarls, soaring demand, and inflation, EV makers are switching to lithium-iron-phosphate batteries.
FTX founder Sam Bankman-Fried should testify on crypto exchange collapse: Sen. Sherrod Brown
Sen. Sherrod Brown, D-Ohio, said former FTX CEO Sam Bankman-Fried should testify before Congress regarding the collapse of his company. Billions of dollars have gone missing.
Who’s really to blame for FTX crypto collapse?
Who’s really to blame for FTX crypto collapse? Venture capitalists, investors and poor regulation share blame, while crypto problems drive investors to Bitcoin.
Walmart offers to pay $3.1B to settle opioid lawsuits
Walmart is the latest company to announce a settlement with local governments over allegations of improperly filling prescriptions for powerful painkillers
SEC stepped up enforcement activity in fiscal 2022, assessed record penalties
The total assessed included a record $4.2 billion in civil penalties, up from a total amount of $3.6 billion in 2021, as it filed 760 total enforcement actions.
Texas dessert maker shuts down storefront after string of burglaries: 'Shady characters' come around at night
A dessert maker in San Antonio shut down her shop after a string of break-ins this year, saying other local business closures left her "in the middle of a dark neighborhood."
Oil market faces ‘considerable uncertainties,’ OPEC warns
OPEC lowered its forecast for global oil demand growth this year by 100,000 barrels a day to 2.5 million barrels a day. It also lowered its 2023 demand growth forecast.
Patagonia's billionaire founder puts his money where his mouth is
'The Five' panel reacts to Patagonia founder Yvon Chouinard giving away his company to help fight the climate change crisis.
Europe’s luxury-goods sale might last a while
American shoppers now have to pay 38% more at home than they would for the same product in Europe, according to Bank of America data, compared with about 20% historically.

















