Bloomberg Business

Bankman-Fried Released on $250 Million Bond in FTX Case

Sam Bankman-Fried was released on a $250 million bail package after making his first US court appearance to face fraud charges over the collapse of FTX, the cryptocurrency exchange he co-founded.

Wall Street Searching for Clues Behind the VIX’s Very Weird Year

Wall Street’s favorite volatility gauge has acted so strangely in this brutal year for equities that a debate has emerged over its soundness. Options experts say there’s nothing wrong with the gauge and the reason is the behavior of investors themselves.

Gates-Backed Venture Plans to Build $760 Million Battery Plant

Form Energy Inc., an energy-storage company backed by Bill Gates’s Breakthrough Energy Ventures, is planning a $760 million factory in West Virginia, the latest plant announced in the aftermath of President Joe Biden’s landmark climate law.

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