Category Archives:
U.S. seeks 15 years for Elizabeth Holmes over Theranos fraud
By Akriti Sharma and Kanishka Singh (Reuters) - Theranos founder Elizabeth Holmes should spend 15 years in prison and pay $800 million in restitution to investors defrauded in the blood testing start-...
Nov 12, 2022
FTX says it is investigating ‘unauthorized transactions’
(Reuters) - Collapsed crypto exchange FTX said on Saturday it was moving funds into offline storage following a series of "unauthorized transactions", with analysts saying millions of dollars worth of...
Nov 12, 2022
Hedge fund Galois Capital says half its capital stuck on FTX exchange -FT
(Reuters) - Galois Capital is the latest hedge fund caught off guard after close to half its assets were trapped on collapsed crypto exchange FTX, the Financial Times said on Saturday, estimating the ...
Nov 12, 2022
Further details emerge on FTX bankruptcy and missing funds
By Summer Zhen and Vidya Ranganathan HONG KONG/SINGAPORE (Reuters) - Further details on the bankruptcy of crypto exchange FTX emerged on Saturday, even as peers and partners distanced themselves from ...
Nov 12, 2022
Chinese brands outnumber foreign names among Singles Day best-sellers
BEIJING (Reuters) - Chinese consumers clutched their wallets tight in this year's Singles Day and continued seeking relatively economical home brands over pricier expensive labels, as strict COVID-19 ...
Nov 11, 2022
U.S. judge rejects Biden administration’s LGBT health protections
By Nate Raymond (Reuters) - A federal judge in Texas ruled on Friday that President Joe Biden's administration had wrongly interpreted an Obamacare provision as barring health care providers from disc...
Nov 11, 2022
Factbox-Democrat Mark Kelly holds seat in Arizona’s U.S. Senate race
By Moira Warburton (Reuters) - Control of the U.S. Senate still had not been determined as of Friday evening, three days after the Nov. 8 midterm elections. Republicans need to pick up only one seat t...
Nov 11, 2022
Exclusive-At least $1 billion of client funds missing at failed crypto firm FTX – sources
By Angus Berwick New York (Reuters) - At least $1 billion of customer funds have vanished from collapsed crypto exchange FTX, according to two people familiar with the matter. The exchange's founder S...
Nov 11, 2022
Republican Joe Lombardo projected to win Nevada governors race-Edison Research
(Reuters) - Republican Joe Lombardo has unseated Democratic Governor Steve Sisolak in Nevada, one of the few governors races in the country considered a toss-up between the two major parties' candidat...
Nov 11, 2022
Colombia’s Grupo SURA posts near-stable Q3 profit as revenues, costs grow
(Reuters) - Net profit at Grupo SURA, Colombia's largest investment company, stayed relatively stable in the third quarter compared to the year-ago period as both revenues and costs grew, the company ...
Nov 11, 2022
Peoria, IL, USA
66 °F Sunny
