Business

As deliberations commence, the jury will determine the outcome for Sam Bankman-Fried, the founder of FTX.

A jury is now deciding Sam Bankman-Fried, the founder of FTX. The question of whether the former billionaire committed fraud in connection with the disappearance of billions of dollars from his clients’ accounts on the cryptocurrency exchange he founded four years ago was put to vote on Thursday afternoon. Following a judge’s explanation of the […]

As deliberations commence, the jury will determine the outcome for Sam Bankman-Fried, the founder of FTX. Read More »

On September 20, 2017, Grand Canyon University in Phoenix hosted the Jerry Colangelo Museum.

Grand Canyon University, the largest for-profit college, has been penalized with a $37.7 million fine.

Grand Canyon University, a for-profit Christian university, is being fined $37.7 million by the U.S. Education Department for falsifying the costs of its doctoral programs. According to the agency, Grand Canyon University informed students that it would cost between $40,000 and $49,000 to enroll in the doctoral program. That was meant to cover 60 credit

Grand Canyon University, the largest for-profit college, has been penalized with a $37.7 million fine. Read More »

On July 20, land-based wind turbines in Atlantic City, New Jersey, rotate.

Prominent wind energy developer abandons two significant offshore projects.

NJ’s Atlantic City Due to the cancellation of two sizable offshore wind projects in New Jersey, whose financial difficulties are similar to those confronting the fledgling industry, wind energy developer Orsted is writing off $4 billion. It introduced more unpredictability to a sector that proponents saw as a means of reducing the use of fossil

Prominent wind energy developer abandons two significant offshore projects. Read More »

More than 1.8 million RAV4 vehicles are being recalled by Toyota, according to a report by Ramishah Maruf on CNN.

CNN, New York — Toyota said on Wednesday that it was recalling over 1.8 million RAV4 vehicles. It is specifically recalling a number of cars from the 2013–2018 model years. According to a statement from Toyota, there is a fire risk associated with some replacement batteries. In the event that the SUV makes a sudden

More than 1.8 million RAV4 vehicles are being recalled by Toyota, according to a report by Ramishah Maruf on CNN. Read More »

Sam Bankman-Fried Confronted by Prosecutors Over His Own Statements in Criminal Fraud Trial

Following the former cryptocurrency billionaire’s testimony in self-defense on Monday, prosecutors cross-examined Sam Bankman-Fried, the co-founder of FTX. Due to seven federal charges, including wire fraud, securities fraud, and money laundering, Bankman-Fried could spend decades behind bars. To every charge, he has entered a not guilty plea. In the coming days, the trial is anticipated

Sam Bankman-Fried Confronted by Prosecutors Over His Own Statements in Criminal Fraud Trial Read More »

Union and GM Potentially Reach Deal, Ending Autoworkers’ Strike

With the union and General Motors announcing a tentative agreement on a new contract on Monday, the United Auto Workers strike is expected to come to an end. The discovery was made a few days after Ford and Stellantis reached comparable agreements. On Wednesday, the union announced a framework agreement with Ford, and on Saturday,

Union and GM Potentially Reach Deal, Ending Autoworkers’ Strike Read More »

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