By Luc Cohen and Tom Hals NEW YORK (Reuters) -Sam Bankman-Fried and other FTX executives received billions of dollars in secret loans from the crypto mogul’s Alameda Research, the hedge fund[...]
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December 23, 2022
FTX’s Bankman-Fried, charged with ‘epic’ fraud, released on $250 million bond
By Luc Cohen and Jody Godoy NEW YORK (Reuters) – Sam Bankman-Fried was released on a $250 million bond package on Thursday while he awaits trial over the collapse of the FTX crypto exchange, whi[...]
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France’s Safran to pay $17.2 million to settle China bribery charges in U.S. probe
(Reuters) – French jet engine maker Safran SA will pay about $17.2 million as part of a settlement with the U.S. Justice Department over bribes its subsidiaries allegedly paid in China, the Depa[...]
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Bloomberg owner eyes Wall Street Journal or Washington Post acquisition -report
By Dawn Chmielewski, Greg Roumeliotis and Anirban Sen LOS ANGELES/NEW YORK (Reuters) -Michael Bloomberg has expressed the desire to own a big-name newspaper over the years but has not reached out to R[...]
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Wall St ends higher, Treasury yields rise after data flurry
By Stephen Culp NEW YORK (Reuters) – Wall Street shuffled to a modestly higher close on Friday and Treasury yields advanced as investors digested a deluge of economic data ahead of the Christmas[...]
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U.S. dollar weakens as risk appetite rises with data showing slowdown
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – The dollar slid against most currencies in choppy, thin trading on Friday as data signaled that the U.S. economy is cooling a bit, reinforcing ex[...]
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Facebook parent Meta to settle Cambridge Analytica scandal case for $725 million
By Nate Raymond (Reuters) -Facebook owner Meta Platforms Inc has agreed to pay $725 million to resolve a class-action lawsuit accusing the social media giant of allowing third parties, including Cambr[...]
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FedEx, other shippers warn extreme weather will delay some U.S. holiday gift deliveries
(Reuters) -A severe winter storm gripping most of the United States threatens to delay millions of last-minute Christmas gift deliveries due to shutdowns at major shipping hubs. FedEx, United Parcel S[...]
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Oil rises $3/bbl after Russia signals output cut due to price cap
By Shariq Khan NEW YORK (Reuters) -Oil prices settled about $3 per barrel higher on Friday for a second straight week of gains after Moscow said it could cut crude output in response to the G7 price c[...]
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