Sam Bankman-Fried’s assets valued at almost $700 million will be subject to forfeiture if he’s found guilty of fraud, according to federal prosecutors leading the case against the FTX founder.
(Bloomberg) — Officials from the US and allied nations agreed to undertake a review of the level of the Russian crude price cap in March and to move toward instituting price caps on Russian refined fuel products.
Ron DeSantis scored a legal and political victory as a federal judge declined to reinstate a prosecutor the Florida governor suspended for saying he wouldn’t bring criminal charges under the state’s 15-week abortion ban.
Alphabet Inc.’s Google has cut most of the jobs at Area 120, its in-house incubator for new projects, as part of a broad wave of layoffs across the company.
Secretary of Defense Lloyd Austin said time is running out to give Ukraine the advanced weapons it needs before an expected Russian offensive in the spring, as both the US and Germany hold out against Kyiv’s requests for their most powerful battle tanks.
El Salvador’s exposure to cryptocurrencies — including Bitcoin — is minimal, according to the chairman of the Central American Bank for Economic Integration, which provided most of the funds that the country is expected to use to repay a bond next week.
Tesla Inc. CEO Elon Musk began testifying Friday in the trial of a securities-fraud lawsuit over his August 2018 tweet about taking the company private. He will be back for more on Monday. Here are some key takeaways of his comments testimony so far, and click here for our TOPLive blog:
No decision was made on the provision of Germany’s Leopard battle tanks to Ukraine at a key meeting on Friday, but the nation’s new defense minister said Berlin could move quickly if an agreement is reached. The US defense chief said he had no news to share on M1 Abrams tanks.
Former President Donald Trump directed his party not to cut Social Security or Medicare, which House Republicans have put on the table as part of any solution to the standoff over raising the US federal debt ceiling.
Tesla Inc. CEO Elon Musk played down how much impact his tweets have on the company’s stock price as he defended himself at a trial over his 2018 tweet about taking the electric car-maker private.
