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New FTX CEO Calls the Crypto Exchange’s Corporate Control a ‘Complete Failure’

Business NY Times - November 17, 2022

“This situation is unprecedented,” said John J. Ray III, who helped manage Enron after its collapse in an accounting fraud scandal in 2001. » mehr lesen

Steven Ginsberg Named Editor of The Athletic

Business NY Times - November 17, 2022

Mr. Ginsberg, a longtime editor at The Washington Post, will start in the newly created role in January. » mehr lesen

World of Warcraft and Other Blizzard Games Will Be Pulled From China

Business NY Times - November 17, 2022

Blizzard Entertainment is suspending most of its gaming services in China after failing to renew a licensing deal with NetEase, a Chinese gaming partner. » mehr lesen

France Urges U.S. to Change ‘Made in America’ Electric Car Policy

Business NY Times - November 17, 2022

The French finance minister, Bruno Le Maire, said U.S. subsidies would inflict damage to Europe’s economy. » mehr lesen

Children’s Groups Want F.T.C. to Ban ‘Unfair’ Online Manipulation of Kids

Business NY Times - November 17, 2022

Children’s privacy and health experts pressed regulators to prohibit video games and social networks from using attention-hacking techniques on youngsters. » mehr lesen

Starbucks Workers Strike at Dozens of Stores Nationally

Business NY Times - November 17, 2022

Workers said they were protesting the company’s refusal to bargain in good faith and other anti-union activity. » mehr lesen

Elizabeth Holmes to be Sentenced in Fraud Trial

Business NY Times - November 17, 2022

Ms. Holmes, founder of the failed blood testing start-up Theranos, is scheduled to learn her fate on Friday. She faces a maximum of 20 years in prison. » mehr lesen

Why Office Buildings Are Still in Trouble

Business NY Times - November 17, 2022

Hybrid work, layoffs and higher interest rates are leaving lots of office space vacant and hurting the commercial real estate business. » mehr lesen