Category: Business

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Sam Bankman-Fried, FTX Founder, Faces Growing Legal Troubles

The fallen crypto mogul Sam Bankman-Fried plans to fight extradition as charges pile up in what prosecutors called a record financial fraud.  » mehr lesen

Florida’s Beekeepers Reel From Hurricane Ian

The storm destroyed up to 300,000 beehives, the Florida State Beekeepers Association said. The loss could have far-reaching consequences for the country’s food supply.  » mehr lesen

Are Mushrooms the Future of Alternative Leather?

MycoWorks uses mycelium, the substance in the root structure of mushrooms, to make Reishi, which has the look and feel of leather. Big-name companies are very interested.  » mehr lesen

U.K. Inflation Rate Slows to 10.7 Percent

Helped by an easing of price increases for fuel and other goods, the rate of inflation in November edged down from a 41-year high.  » mehr lesen

United Airlines Orders 100 Wide-Body Boeing 787 Jets

United plans to take delivery of the planes over an eight-year span to refresh its fleet and increase fuel efficiency, with an option to buy 100 more.  » mehr lesen

Lloyd Newman, Teenage Chronicler of ‘Ghetto Life,’ Dies at 43

He and LeAlan Jones recorded stories of life and death in a Chicago housing project for NPR, winning a Peabody Award and inspiring the birth of StoryCorps.  » mehr lesen

Musk Shakes Up Twitter’s Legal Team as He Looks to Cut More Costs

Twitter has stopped paying rent on offices and is considering not paying severance packages to former employees, among other measures.  » mehr lesen

Damian Williams, Prosecutor in the FTX Case, Tackles Major Financial Crimes

“I think it’s fair to say,” the federal prosecutor, Damian Williams, said of the Samuel Bankman-Fried case, “that by anyone’s lights, this is one of the biggest financial frauds in American history.”...

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