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FTX Founder Sam Bankman-Fried Faces Market Manipulation Inquiry

Federal prosecutors are investigating whether Sam Bankman-Fried and his hedge fund orchestrated trades in a way that led to the collapse of two cryptocurrencies in May.  » mehr lesen

Ramesh Balwani, No. 2 Theranos Executive, Is Sentenced for Fraud

Ramesh Balwani, the former chief operating officer of the failed blood testing start-up, was convicted of 12 counts of fraud in July.  » mehr lesen

Indiana Sues TikTok for Security and Child Safety Violations

The lawsuits are the first by an American state against TikTok, which is owned by the Chinese company ByteDance, in a sign of mounting legal pressure.  » mehr lesen

US Proposes Global Green Steel Club That Would Put Tariffs on China

A concept paper sent to the European Union suggests a new trade approach to tax metal made with higher carbon emissions in countries like China.  » mehr lesen

Lasik Patients Should Be Warned of Complications, FDA Draft Says

Draft recommendations by the agency describe dry eyes, visual disturbances and other side effects of the procedure. Surgeons say the benefits are being ignored.  » mehr lesen

An Activist Investor Takes on BlackRock Over E.S.G.

A hedge fund sees BlackRock’s embrace of E.S.G. principles as a distraction, and it wants the money-management giant’s C.E.O., Laurence Fink, to step down.  » mehr lesen

U.K. Braces for Strikes Across Several Industries Through Christmas

Job actions by ambulance staff, nurses, rail workers and others will hit Britain every day between now and Dec. 25.  » mehr lesen

India Chases Clean Energy, but Economic Goals Put Coal First

“I will not compromise on the availability of power,” India’s energy minister has declared in defense of fossil fuel use, which is heavily subsidized.  » mehr lesen

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