US National Security Adviser Jake Sullivan said there was intense military activity underway in parts of Ukraine, stopping short of saying whether Kyiv’s much-anticipated counteroffensive against Russia had begun.
A California mutual fund manager was sentenced to four years in prison for defrauding investors whose $106 million he said would be put in US Treasury bills and other safe assets but was instead lost in much riskier investments.
Citadel Securities sued a pair of former employees after they broke off to form a market-making firm for cryptocurrencies.
Oil advanced as traders embraced risky assets amid optimism for the US debt-ceiling talks, largely ignoring a bearish US stockpile report.
Ron DeSantis is summoning financial backers for a meeting in Miami next week, raising speculation among donors he’ll announce his presidential bid then and formally challenge Donald Trump for the GOP nomination, according to people invited to the meeting.
President Joe Biden’s trip to Asia, intended to assure fretful allies that the US remains a reliable partner in the face of China’s assertiveness, is doing just the opposite.
Private equity firm Platinum Equity is in discussions with lenders about potential changes to sweeten a $1.1 billion bond-and-loan deal that would refinance near-term debt at its prison phone and tablet company Aventiv Technologies LLC, according to people with knowledge of the matter.
Failed cryptocurrency brokerage Voyager Digital Holdings Inc. won court approval to begin winding down its operations and start repaying customers a portion of their crypto that’s been held on its platform since last year.
The Codex Sassoon is almost totally intact and was estimated to go for as high $50 million.
Five Washington insiders — a few trusted aides, a Cabinet-level officer and a Republican congressman — are now tasked with cutting a deal to avert a US debt default that otherwise could come as soon as June 1.
