Sam Bankman-Fried, one of the largest donors in the 2022 election cycle, used money from FTX customer funds to illegally contribute to political campaigns and directed other company executives to give on his behalf, according to a new indictment.
As President Joe Biden’s administration prepares to accept requests for $39 billion in funding to jumpstart US production of microchips, his commerce chief emphasized the program’s focus is strengthening national security rather than boosting struggling chipmakers.
Morocco is imposing quotas on tomato exports in an effort to boost local supplies and lower prices ahead of the Muslim fasting month of Ramadan.
The US Securities and Exchange Commission is not the right regulator for stablecoins, according to Jeremy Allaire, the chief executive and founder of Circle Internet Financial Ltd.
The historic bond market rout did not spare the Caisse de Depot et Placement du Quebec, causing the pension manager to post its worst annual results since the global financial crisis.
Oman has agreed to allow Israeli airlines to use its airspace, Israel’s Foreign Ministry said on Thursday.
Boris Johnson refused to commit to backing a deal on Northern Ireland being negotiated with the European Union by Prime Minister Rishi Sunak, his first public comments on the matter.
Alphabet Inc.’s Google urged employees to discuss sensitive topics via chats that would be automatically deleted after 24 hours and the company should face penalties for failing to preserve records needed for an antitrust suit, Justice Department lawyers told a federal court.
Former Treasury Secretary Lawrence Summers said worrying signals of a potential sharp drop-off in activity combined with strength in other indicators point toward an uncertain economic outlook.
Senators Lindsey Graham and Chris Coons said they are confident that funding for the US’s global AIDS program will be extended with the aim of eliminating the disease by 2030.
