Sam Bankman-Fried to Plead Not Guilty to Fraud at Jan. 3 Hearing
Disgraced crypto founder Sam Bankman-Fried plans to plead not guilty to fraud after being charged with orchestrating a yearslong scam at FTX.
Bloomberg Business
US Is Said to Examine Crypto Wallets Linked to Sam Bankman-Fried
Federal prosecutors are looking into a series of crypto transactions that online analysts have tied to digital wallets associated with disgraced crypto mogul Sam Bankman-Fried, according to a person familiar with the matter.
Tesla Illegally Told Staff to Not Discuss Pay or Working Conditions, US Labor Board Alleges
Tesla Inc. illegally coerced Florida employees by restricting them from discussing workplace issues, US labor board prosecutors alleged in a complaint.
Oil’s Modest Annual Gain Belies a Year of Staggering Volatility
Oil ended a volatile year modestly higher as investors look ahead to a potential rebound in Chinese demand next year.
Putin Allows Foreign Gas Buyers to Pay Debts in Foreign Currency
Russian President Vladimir Putin allowed natural-gas buyers from “unfriendly” countries to pay debts for fuel in foreign currency, partly lifting a requirement for ruble-only payments.
Clarence Thomas’ Wife Ginni Told Jan. 6 Committee She Didn’t Discuss Election With Husband
Ginni Thomas testified to the Jan. 6 committee that she regrets sending texts to then-White House Chief of Staff Mark Meadows pushing him to aggressively challenge the 2020 election, but said she never discussed it with her husband, Supreme Court Justice Clarence Thomas.
Big Write-Offs, Tax-Cut Perks: Key Takeaways From Trump’s Tax Returns
Massive losses and large tax deductions in Donald Trump’s returns reveal how the former president was able to use the tax code to minimize his income tax payments.
Brutal Year Smashes Share Sales in IPOs and Follow-On Equity Raises
Initial public offerings in the US nose-dived from an all-time high, and even a late pickup in follow-on offerings couldn’t erase their worst showing in almost three decades.
Biden Antitrust Adviser Tim Wu to Leave White House
Adviser Tim Wu, who helped to shape President Joe Biden’s antitrust agenda, will leave his position Jan. 4, the White House said Friday.
Petrobras Critic Named Chief of Brazil’s State-Run Oil Giant
(Bloomberg) — President-elect Luiz Inacio Lula da Silva has selected a senator and former Petrobras official to lead Brazil’s state-controlled oil giant with the aim of turning it into a renewable energy powerhouse.
