Crypto Exchange Huobi to Lay Off 20 of Staff As Industry Reels from Ftx Collapse
Sort by
Date
Items per page
-
FTX founder Sam Bankman-Fried sentenced to 25 years for crypto fraud, to pay $11 billion in forfeiture
FTX founder Sam Bankman-Fried was convicted of securities fraud conspiracy that wrecked his cryptocurrency exchange and a related hedge fund, Alameda Research.CNBC - Business - Crypto -
SEC scores big win in lawsuit against crypto exchange Coinbase
The ruling in favor of the SEC comes as Coinbase has become a go-to partner for big Wall Street asset managers looking to offer cryptocurrency trading options.CNBC - Business - Crypto -
The Crypto Reboot That Wasn't: Why 'FTX 2.0' Floundered
The Crypto Reboot That Wasn’t: Why ‘FTX 2.0’ FlounderedThe Wall Street Journal - World - Crypto -
Ericsson to lay off 1,200 employees in Sweden amid mobile markets’ slump
The Swedish telecoms company has said a slowdown in investment in mobile infrastructure will continue impacting its sales in 2024.MarketWatch - Business -
Pearl urges Auburn fans to lay off Baker-Mazara
Auburn coach Bruce Pearl still isn't happy with a call that led to the costly ejection of Chad Baker-Mazara in the opening round of the NCAA tournament, but he's urging fans to lay off his starting guard.ESPN - Sports -
Sam Bankman-Fried to learn fate today for orchestrating historic FTX crypto fraud scheme
Sam Bankman-Fried will learn his sentence Thursday, four months after he was found guilty of orchestrating the multibillion-dollar fraud that prompted the collapse of the FTX cryptocurrency exchange.NBC News - Top stories - Crypto -
FTX customers in line for higher payouts as crypto prices soar
Administrators raise $884mn from partial sale of stake in AI start-up AnthropicFinancial Times - Business - Crypto -
Fallen crypto mogul Sam Bankman-Fried sentenced to 25 years in prison
FTX founder Sam Bankman-Fried has been sentenced to 25 years in prison for a cryptocurrency fraud that a prosecutor has described as one of the biggest financial frauds in U.S. historyABC News - Tech - Crypto -
AMC Theatres shares plummet as theater chain reels from box office struggles
AMC Entertainment shares fell about 15% shortly after the theater chain indicated that it could sell up to $250 million worth of stock to pad its finances after a period of box office woes.Los Angeles Times - Entertainment -
Ford to Lay Off 700 Workers as Electric F-150 Lightning Truck Sales Skid
Slowing electric vehicle sales prompt automaker to cut jobs, transfer some workers off its electric pickup truck line.Inc. - Business -
Sam Bankman-Fried apologizes for FTX collapse at sentencing
A judge sentenced disgraced FTX founder Sam Bankman-Fried to 25 years in prison Thursday. A jury convicted the 32-year-old of fraud and conspiracy in November. CBS News national correspondent Errol Barnett reports.CBS News - Top stories - Crypto -
Crypto group Copper served sushi off partially clad models
Digital assets company chaired by Philip Hammond held London party after industry conferenceFinancial Times - Business -
Sam Bankman-Fried is going to prison. The crypto industry isn’t any better for it
There have been no changes since the ex-mogul’s conviction as lawmakers fail to pass regulations to protect the public. There is a palpable feeling of relief in the cryptocurrency industry. Evangelists are preaching the good news that the industry ...The Guardian - World - Crypto -
Top 20 Global Concert Tours from Pollstar
Top 20 Global Concert Tours from Pollstar for Week of March 25, 2024ABC News - Entertainment -
Sam Bankman-Fried sentenced to 25 years over role in FTX collapse
Sam Bankman-Fried was sentenced to 25 years in prison for his role in the sudden collapse of the FTX crypto exchange. Prosecutors say he defrauded customers out of more than $8 billion, one of the largest financial crimes in U.S. history. Errol ...CBS News - Top stories - Crypto -
Bitcoin's Surge Stirs Crypto VC From Its Slumber
Startups are more easily tapping venture firms for fundraising deals.The Wall Street Journal - World - Crypto -
SEC seeks $2bn from Ripple Labs over sales of crypto tokens
Regulator’s request to judge reflects argument that many digital assets qualify as securitiesFinancial Times - Business - Crypto -
Highlights from the AP's reporting on the shrimp industry in India
India is the top supplier of shrimp to the U.S., with Indian shrimp stocked in freezers at most of the nation’s biggest grocery store and restaurant chainsABC News - Health - India -
Workplace neurodiversity claims spur companies to seek legal help
Employers find staff often cite conditions such as autism and ADHD during performance management reviewsFinancial Times - Business -
The perils of speaking up at work too often deter staff from voicing concerns
Boeing is one employer where workers are still hesitant to come forward with problemsFinancial Times - Business -
Penthouse to prison: Sam Bankman-Fried's journey from crypto king to convicted conman
FTX founder Sam Bankman-Fried will be sentenced in a New York court on Thursday, more than four months after a jury found him guilty of seven criminal charges.CNBC - Business - Crypto -
Top Republican hints at an off-ramp from impeaching Biden
House Republicans don't appear to have the votes to impeach President Joe Biden and Rep. James Comer is suggesting sending criminal referrals to the Justice Department instead.NBC News - Politics - Joe Biden -
Australian Retailers Shake off Malaise With a Little Help From Taylor Swift
Australian retail sales rose, supported partly by sales associated with sold-out concerts by popstar Taylor Swift.The Wall Street Journal - World -
All Aboard the Foreign-Exchange Seesaw
The yen hits a new low against the dollar, as forex volatility rises.The Wall Street Journal - World -
5 Takeaways From an Investigation Into Hysterectomies in India’s Sugar Industry
Indebted workers, facing brutal working conditions, are pushed to get hysterectomies as a treatment for routine ailments. Sugar mills disclaim responsibility.The New York Times - World -
Biden administration commits $6B to cut emissions from high-carbon industries
Presented by Panasonic — The Biden administration is committing $6 billion toward cutting planet-warming emissions from some of the nation’s most polluting and difficult-to-decarbonize sectors. {beacon} Energy & Environment Energy & Environment ...The Hill - Politics - Joe Biden -
Energy Dept. Awards $6 Billion to Cut Carbon from Industry
Industries produce 25 percent of America’s planet-warming emissions but so far have proved very hard to clean up. The Biden administration is trying.The New York Times - Science -
Auto Industry Expects Minimal Disruption From Port Shutdown
Baltimore is a top destination for car shipments, but companies are finding ways to use other ports on the East Coast.The New York Times - Business -
Economic fallout from Key Bridge collapse
In addition to the human toll, the collapse of the Francis Scott Key Bridge will also send ripples throughout the economy far beyond Baltimore. The crumpled bridge is now blocking a key waterway for shipping routes. Ramy Inocencio has more.CBS News - Top stories -
India left reeling by Afghanistan as World Cup hopes begin to fade again
Expanded 2026 World Cup finals have given hope to Igor Stimac’s side but the Lions of Khorasan had other ideas. Perhaps the one positive for India from their shock 2-1 home defeat by Afghanistan in 2026 World Cup qualification is that the team ...The Guardian - World - World Cup -
'That Girl Lay Lay' creator's wife announces end of series after David A. Arnold's death
'That Girl Lay Lay' has ended production at Nickelodeon two years after the death of showrunner David A. Arnold, his wife announced emotionally on social media.Los Angeles Times - Entertainment -
Lakers pull off wild 19-point comeback vs. Bucks: All the numbers to know from double-OT victory
The Lakers pulled off the huge comeback thanks to big nights from Anthony Davis and Austin ReavesCBS Sports - Sports - NBA -
Togo's opposition calls for protests to stop president from signing off on a new constitution
Activists and opposition leaders in the West African country of Togo have called for protests to stop the president from signing off on a new constitution that would scrap future presidential elections and could extend his decades-long rule until ...ABC News - World -
US automakers rerouting ships from Baltimore following bridge collapse
U.S. automakers said they will reroute shipments after the Francis Scott Key Bridge in Baltimore collapsed early Tuesday morning. Cargo ship Dali, which was headed to Sri Lanka, slammed into a bridge support after losing power around 1:30 a.m., ...The Hill - Politics -
East Coast ports brace for fallout from Baltimore bridge collapse
Eastern seaboard ports are preparing to accept shipments of goods being rerouted from the Port of Baltimore following the collapse of the Francis Scott Key Bridge early Tuesday morning. Port officials and private-sector distributors told The Hill ...The Hill - Politics -
Baltimore bridge collapse: Husband and dad of 3 is among the 6 presumed dead
Six construction workers are presumed dead after a cargo ship struck Baltimore's Francis Scott Key Bridge.ABC News - Top stories -
Six presumed victims of Baltimore bridge collapse all from Latin America
Miguel Luna and Maynor Yassir Suazo Sandova reported to be among construction workers on bridge when it collapsed. The six likely victims of the Baltimore bridge collapse on Tuesday all appeared to be construction workers from Latin American ...The Guardian - World -
Carnival Warns of Profit Hit From Baltimore Bridge Collapse
The cruise operator said it expects the disruption to hit annual adjusted earnings by as much as $10 million.The Wall Street Journal - World -
What's known about the 6 missing from Baltimore bridge collapse
The search for six people unaccounted for after the Francis Scott Key Bridge collapse in Baltimore resumed Wednesday. CBS News' Nicole Sganga has the latest on the recovery efforts, and Ed O'Keefe reports on the Biden administration's response.CBS News - Top stories -
Carnival Warns of Profit Hit From Baltimore Bridge Collapse
The cruise operator said it expects the disruption to hit annual adjusted earnings by as much as $10 million.The Wall Street Journal - Business