FTX spent $300m on Bahamas real estate listed as ‘personal fiefdom’: lawyers – Reuters | Vette Leader

NEW YORK/LONDON, Nov 22 (Reuters) – The stricken crypto exchange FTX was run as the “personal fiefdom” of Sam Bankman-Fried, lawyers for the firm said on Tuesday, describing that one of the company’s units sold $300 million for Bahamas real estate. The collapse of FTX, once one of the world’s largest cryptocurrency exchanges, has left … Read more

5 Things to Know for November 18th: Blizzard, Twitter, Student Loans, Home, North Korea – News-Daily.com | Vette Leader

As parts of the east coast face a spate of winter weather hazards this weekend, millions of people on the west coast will be under firewatch. In recent years, firefighters have been keen to try new technologies and tools to avert large wildfires. One solution combines drones with “dragon eggs,” which can help prevent extreme … Read more

5 things to know for November 18th: Blizzard, Twitter, Student Loans, Home, North Korea – The Albany Herald | Vette Leader

country United States of AmericaUS Virgin IslandsMinor Outlying Islands of the United StatesCanadaMexico, United Mexican StatesBahamas, Commonwealth of theCuba, RepublicDominican RepublicHaiti, RepublicJamaicaAfghanistanAlbania, People’s Socialist RepublicAlgeria, People’s Democratic RepublicAmerican SamoaAndorra, PrincipalityAngola, RepublicanguillaAntarctica (the area south of 60° S)Antigua and BarbudaArgentina, Argentine RepublicArmeniaArubaAustralia, Commonwealth ofAustria, RepublicAzerbaijan, RepublicBahrain, KingdomBangladesh, People’s RepublicBarbadosBelarusBelgium, Kingdom ofBelizeBenin, People’s RepublicBermudasBhutan, KingdomBolivia, RepublicBosnia and … Read more

5 things to know for November 18th: Blizzard, Twitter, Student Loans, House, North Korea – CNN | Vette Leader

CNN — As parts of the east coast face a spate of winter weather hazards this weekend, millions of people on the west coast will be under firewatch. In recent years, firefighters have been keen to try new technologies and tools to avert large wildfires. One solution combines drones with “dragon eggs,” which can help … Read more

Fact box: Twitter 2.0: Musk warns of bankruptcy, flip-flops on blue check mark in chaotic start – Reuters | Vette Leader

November 18 (Reuters) – Twitter has had a bumpy ride since new owner Elon Musk took charge last month. The world’s richest person halted plans to charge $8 for the coveted blue tick as fake accounts mushroomed while he brought back the ‘official’ badge to some users just days after he ‘killed’ it would have. … Read more

New G20 irritant for Biden: Restrictive US tax subsidies for electric vehicles – Reuters | Vette Leader

NUSA DUA, Indonesia, Nov 17 (Reuters) – Electric vehicles (EVs) whisked G20 delegations and security forces over the southern tip of Bali this week in a symbolic demonstration of Indonesia’s ambitious energy transition plans. But virtually none of the cars on display, led by Hyundai’s boxy retro Ioniq 5, would qualify for a new $7,500 … Read more

Crypto exchange FTX files for bankruptcy as prodigy CEO quits – Reuters | Vette Leader

LONDON, Nov 11 (Reuters) – Crypto exchange FTX filed for US bankruptcy protection on Friday and its founder Sam Bankman-Fried resigned as chief executive after the biggest explosion in the crypto industry prompted calls for tighter regulation. The ailing crypto trading platform struggled to raise billions to avert the collapse as traders rushed to withdraw … Read more

More details emerge on FTX bankruptcy and lack of funds – Reuters.com | Vette Leader

HONG KONG/SINGAPORE, Nov 12 (Reuters) – More details on crypto exchange FTX’s bankruptcy emerged on Saturday, although colleagues and partners have distanced themselves from the firm and sources told Reuters there are at least $1 billion in customer funds on the exchange were gone. The saga that has rocked the crypto world began with a … Read more

Oil giants’ massive profits fuel calls for unexpected taxes – Reuters.com | Vette Leader

Exxon’s record-breaking Q3 earnings almost match Apple’s Sector lifted by higher oil and gas prices US President Biden criticizes energy companies Oct 28 (Reuters) – Global energy giants like Exxon Mobil (XOM.N) and Chevron (CVX.N) posted another round of huge gains, benefiting from rising energy prices that have fueled inflation around the world and fueled … Read more

UK Treasury Secretary tries to contain bond crisis by rushing ahead with tax plan – Devdiscourse | Vette Leader

Britain’s new Treasury Secretary Jeremy Hunt is set to announce tax and spending measures on Monday, two weeks ahead of schedule, as he seeks to stem a dramatic loss of investor confidence in Prime Minister Liz Truss’ government. Hunt has been struggling to rewrite Truss’ economic program since replacing the fired Kwasi Kwarteng on Friday … Read more