Facing decades in prison on fraud and money laundering charges, FTX co-founder Sam Bankman-Fried testified in his own defense on Friday. After his attorneys first asked him how FTX protected…
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U.S. GDP grew at a 4.9% annual pace in the third quarter, better than expected
The U.S. economy grew even faster than expected in the third quarter, buoyed by a strong consumer in spite of higher interest rates, ongoing inflation pressures, and a variety of…
Live Nation Entertainment, the parent company of Ticketmaster, pushed back against a senator’s call to expand its rollout of more transparent ticket costs. Sen. Amy Klobuchar, D-Minn., a letter Wednesday…
Ticketmaster’s hidden fees remain common long after it vowed to scrap them
Live Nation Entertainment, the parent company of Ticketmaster, pushed back on a senator’s call to expand its rollout of more transparent ticket costs. Sen. Amy Klobuchar, D-Minn., sent a letter…
FTX founder Sam Bankman-Fried will take the stand to testify in his own defense, his attorney said in a conference call Wednesday. The decision by his legal team sets him…
Chevron is buying Hess Corp. for $53 billion and it’s not even the biggest acquisition in the energy sector this month as major producers seize the initiative while oil prices…
Last Thursday the State Department advised travelers from the U.S. to “exercise increased caution” worldwide because of the Israel-Hamas war, citing “the potential for terrorist attacks, demonstrations or violent actions…
The United Auto Workers union expanded its strike against Detroit’s Big Three for the second consecutive day as members at a major General Motors manufacturing plant walked off the job.…
The United Auto Workers union says it expanded its strike again Monday, as 6,800 people stopped working at a plant that makes Ram 1500 trucks. That means this expansion of…
Prosecutors in Sam Bankman-Fried trial compare defense argument to ‘Dumb and Dumber’
Prosecutors in the criminal trial against FTX co-founder Sam Bankman-Fried compared one of the defense’s arguments to a scene in the 1994 film “Dumb and Dumber,” in which actor Jim Carrey says…