Bloomberg Business

Firm That Vetted Binance Reserves Halts Crypto Work

Mazars Group, the accounting firm used by crypto giant Binance Holdings Ltd. and other big players in the industry to vouch for their assets held in reserve, has halted all such work for crypto clients, dealing a blow to an industry seeking to shore up confidence in the wake of FTX’s collapse.

Mitch McConnell Sets the Script for Lame Duck Spending Omnibus

Senate GOP leader Mitch McConnell, bruised by his party’s poor performance in the midterm elections, nonetheless emerged a winner in year-end negotiations on the $1.7 trillion government spending bill, collecting significant policy wins and banking leverage for next year’s battle over raising the nation’s debt limit.

Winter ‘Bomb Cyclone’ Bears Down on Chicago Ahead of Holiday Travel Rush

Chicago is in the cross-hairs of a powerful winter storm that could become a “bomb cyclone” — with deep snow, searing winds and an Arctic chill — threatening to disrupt Christmas travel for millions of people in the US and bring a deep freeze to the eastern two-thirds of the country.

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