FTX Founder Sam Bankman-Fried faced conviction on seven charges of fraud and conspiracy due to misappropriating about $10 billion in customer funds.
Industry
US Airlines Call on Biden Admin to Cease Approving Additional China Flights — Here's Why
Biden administration has been asked to suspend new flights to and from China temporarily. The United States aviation sector has petitioned the Biden administration to temporarily halt the authorization of new flights to and from China.
Samsung Next is Leaving Israel as War Continues, Taking its Business Operations Abroad
Samsung Next is leaving Israel as the war rages on. The firm decided to take its business operations abroad instead.
Amazon Executive Claims Robotics And Technologies Create Jobs, Rather Than Stealing Them
Amazon's Stefano La Rovere challenged the notion that technology displaces jobs, citing that robotics and AI have created new job categories and improved working conditions for employees.
Jeff Bezos Is $3.3 Billion Richer After Amazon Stock Hits All-Time High
Another $3.3 billion was added to the $207 billion fortune of Amazon founder Jeff Bezos after the e-commerce giant hit a new record share price on Thursday.
Latest News
New York cannabis regulators are celebrating a significant milestone for reaching over 100 licensed stores across the state.
Apple has alerted iPhone users in 92 countries that they may have been a target of mercenary spyware attacks.
A devastating series of Russia's overnight strikes has left the Trypilska thermal power plant in ruins, dealing a severe blow to Ukraine.
Elon Musk has confirmed that he will visit India to meet Indian Prime Minister Narendra Modi. Elon Musk has confirmed that he will visit India to meet Indian Prime Minister Narendra Modi.
The United Steelworkers union stands against the acquisition, citing potential threats to American jobs.
The United States and Japan have recently unveiled a collaborative effort aimed at accelerating the advancement and implementation of nuclear fusion technology.
China Accused of Flooding Britain with Fake Royal Mail Stamps; Experts Term it as 'Economic Warfare'
The reports indicate that four Chinese suppliers are manufacturing counterfeit stamps at an alarming rate of up to one million per week.
Tesla is no. 1 in a new brand loyalty survey and almost 90% of its customers in the US say they'll buy another Tesla.
Costco has found a lucrative venture in selling gold. Analysts at Wells Fargo estimated monthly sales to reach as much as $200 million.
