Sam Bankman-Fried Sentenced to 25 Years in Prison for Crypto Fraud

Crypto entrepreneur Sam Bankman-Fried was sentenced Thursday to 25 years in prison for a massive fraud that unraveled with the collapse of FTX, once one of the world's most popular platforms for exchanging digital currency. Bankman-Fried, 32, was convicted in November of fraud and conspiracy — a dramatic fall from…

Global cocoa market teetering on the brink of chaos

KANSAS CITY — Plummeting supply and surging prices have insinuated a meltdown in the chocolate market. And analysts are growing less hopeful for a quick correction.Nearby New York ICE cocoa bean futures prices have jumped about 58% since the start of 2024 and are about 143% higher than a year…

CalPERS Votes for Nelson Peltz, Jay Rasulo in Disney Boardroom Battle

The California Public Employees Retirement System (CalPERS) said the US pension fund has voted to elect activist investors Nelson Peltz and Jay Rasulo to the board of the Walt Disney Company, Reuters reported Friday. “CalPERS believes Walt Disney Co will benefit from fresh eyes on its board of directors and…

How Boeing Favored Speed ​​Over Quality for the 737 Max

In February last year, a new Southwest Airlines Boeing 737 Max plane was on one of its first flights when an automated stabilizing system appeared to malfunction, forcing the pilots to make an emergency landing as soon as they took off.Less than two months later, an Alaska Airlines 737 Max…

Don’t block the Kroger-Albertsons merger

The following column by Arizona Chamber of Commerce & Industry President and CEO Danny Seiden originally appeared on azcentral. In the latest edition of “Rich States, Poor States,” an annual report assessing state economic performance across several categories, Arizona ranks third nationally for economic performance. The lofty ranking can in…

CCI conducting inquiries against some fintech entities: Ravneet Kaur | News

Competition Commission of India (CCI) Chairperson Ravneet KaurFair trade watchdog CCI is conducting inquiries against some fintech entities to check whether their ways of leveraging technologies are impacting competition, its chief Ravneet Kaur said and asserted that the regulator is taking necessary action to ensure a competitive digital market. With…

Your Customers Prefer Sustainable Products

Scientists around the world agree that the planet's climate requires immediate action to avert catastrophe. Recently, the Breakthrough National Center for Climate Restoration in Melbourne, Australia, estimated that a “near- to mid-term existential threat to human civilization” could take place in the next 30 years if the issue isn't addressed.…