Sam Bankman-Fried’s $250 Million Bail Doesn’t Mean He Has That Much
FTX co-founder Sam Bankman-Fried’s $250 million bail package is one of the largest in U.S. history, but it doesn’t mean he actually has to put up that…
Read more
The Head of Women’s Tennis On His Fight to Find Peng Shaui
Steve Simon, the CEO and chairman of the Women’s Tennis Association (WTA), says he’s tried to speak directly with Peng Shuai, the tennis pro from China who’s…
Read more
What We Know About Bankman-Fried’s Political Donations
Disgraced FTX co-founder Sam Bankman-Fried faces a litany of charges tied to the collapse of his cryptocurrency exchange. But along with being an outsized figure in crypto,…
Read more
U.S. Gas Exports Surge
While President Biden is fretting about high prices at the pump, even going as far as asking OPEC+ to raise oil output, U.S. refiners are exporting the…
Read more
Twitter Employees Protest Musk Layoff Plans
Employees at Twitter are circulating an open letter protesting Elon Musk’s plan to fire as much as 75% of the company’s workforce, as the deadline for him…
Read more
Financial Firms Are Flocking to Singapore But Hong Kong Keeps Its Edge
The boldfaced names in money management can’t get enough of Singapore these days. Billionaire Ray Dalio has set up shop to manage some of his personal fortune…
Read more
Why Starbucks Workers Are Striking on One of the Busiest Days of the Year
Thousands of Starbucks baristas across the country are on strike Thursday, one of the coffee giant’s biggest sales days of the year, as part of organizers’ longterm…
Read more
What to Know About U.S. Curbs on AI Chip Exports to China
The Biden administration has announced it is tightening export controls on semiconductor chips used for artificial intelligence and the equipment used to manufacture them, in an effort…
Read more
The 36 Most Anticipated TV Shows of Summer 2023
No matter how hot it gets between Memorial Day and Labor Day, there is plenty of TV to keep you cool. The most anticipated shows of the…
Read more
Advertisers Embrace TikTok at Cannes Despite Threat of Bans
TikTok Inc.’s political troubles seemed far away in Cannes, where advertising executives swarmed the short video app’s booth at a week-long industry extravaganza in Southern France. The…
Read more