National cryptocurrency industry groups had lobbied Gov. Kathy Hochul to veto the environmental ban, fearful that other states could follow New York’s lead. Story Published at: November 23, 2022 at 12:21AM Continue Reading…
New York Enacts 2-Year Ban on Some Crypto-Mining Operations
Inside Sam Bankman-Fried’s Quest to Win Friends and Influence People
In just three years, the FTX co-founder built a massive operation to woo politicians, regulators and nonprofits to support his crypto goals. Story Published at: November 22, 2022 at 07:32PM Continue Reading…
FTX Assets Still Missing as Firm Begins Bankruptcy Process
A substantial amount of the company’s assets are missing, an FTX lawyer told a bankruptcy judge on Tuesday. Story Published at: November 22, 2022 at 05:42PM Continue Reading…
What Will Iger Do with ESPN and Hulu?
With Robert Iger back in charge at Disney, his to-do list takes shape: turn around the streaming businesses, and groom a successor. Story Published at: November 22, 2022 at 01:25PM Continue Reading…
What Will Iger Do with ESPN and Hulu?
With Robert Iger back in charge at Disney, his to-do list takes shape: turn around the streaming businesses, and groom a successor. Story Published at: November 22, 2022 at 01:25PM Continue Reading…
What Stage of Capitalism Is Sam Bankman-Fried?
FTX’s $32 billion valuation was a fantasy, but nobody bothered to look at it closely. Story Published at: November 21, 2022 at 08:00PM Continue Reading…
Investors Cheer Leadership Shakeup at Disney
Shares in the entertainment giant climbed more than 9 percent in premarket trading on Monday following the ouster of chief executive officer Bob Chapek. Story Published at: November 21, 2022 at 01:18PM Continue Reading…
Inside a Crypto Nemesis’ Campaign to Rein In the Industry
Gary Gensler, the chair of the S.E.C., is at the center of a reckoning over the future of cryptocurrency after the implosion of FTX. Story Published at: November 21, 2022 at 08:00AM Continue Reading…
The Week in Business: FTX’s Collapse
The turmoil at Twitter continues. The holiday shopping season officially begins, although retailers have already been running sales. And the Fed releases the minutes from its last meeting. Story Published at: November 20, 2022 at 12:00PM Continue Reading…
It Was a Bad Week for Billionaires With Delusions of Saving the World
Musk, Bezos, Bankman-Fried, Trump: some of our most prominent billionaires laid waste to their carefully cultivated image as benevolent saviors. Story Published at: November 19, 2022 at 02:23PM Continue Reading…