? Sam Bankman-Fried and the FTX team are currently focused on furthering the growth of the company. This includes releasing new products, expanding into more markets, and finding new investment opportunities. Additionally, Bankman-Fried and the FTX team have been active in the cryptocurrency news and are looking for ways to give back to the industry. […]
. A strike involving tens of thousands of Las Vegas Strip hotel workers at 18 casinos could take place as soon as this month. Last week, the Culinary Workers Union, Local 226, released a statement saying that the union workers have delivered a strike notice to the affected casinos in Las Vegas. The union and […]
Hiring has been slowing for a few months now, which isn’t necessarily a bad thing. It can be a sign that the labor market is becoming saturated and that employers no longer need to hire as quickly in order to meet demand. This can help prevent risk of wage inflation due to excessive competition for […]
Starbucks has announced a plan to open 17,000 locations by 2030. This includes adding 10,000 cafes in the United States, including more than 1,000 in underserved communities, and 7,000 international stores. Starbucks plans to open 500 stores each year, including stores in locations such as airports, college campuses, office complexes, and military bases. The plan […]
The outcome of a billion-dollar verdict in an antitrust lawsuit against a real estate giant could have a significant effect on homebuyers and sellers across the US. The defendants, Zillow and its subsidiary, RealEstate.com, are accused of engaging in a scheme to manipulate real estate search results in order to gain a competitive edge and […]
in Greece The term “Pharmageddon” has been used to describe the looming crisis faced by Greek pharmacies due to the country’s financial crisis. The escalating situation has forced many pharmacies to close due to the lack of liquidity, which has put significant pressure on the healthcare system. The government’s response has been to implement austerity […]
The Auto Workers Union in Michigan announced today that it has reached a tentative agreement with Stellantis to end the three week strike. The deal reached between the UAW and Stellantis includes new investments in additional personnel, plant modernization, and innovative technologies to meet the demands of the workforce. The new agreement also includes increased […]
FTX CEO Sam Bankman-Fried recently admitted that his team “sure should have” done more to protect customers’ funds after the company was accused of creating “artificial scarcity” of some cryptocurrency tokens. The company was criticized for allegedly manipulating the market by releasing a limited supply of certain assets. Bankman-Fried said he was aware of the […]
Live Nation, the largest concert promoter in the world, is sparring with a U.S. senator who has objected to the company’s vow to eliminate its practice of charging ticket buyers a “convenience fee” for an order even if only one ticket is purchased. Sen. Richard Blumenthal (D-Conn.) said in a letter to Live Nation CEO […]
Sam Bankman-Fried, the founder of cryptocurrency exchange FTX, will testify in a federal fraud trial, according to one of his attorneys. Bankman-Fried’s trial is expected to last several days. He will testify in support of Leonard Law, who is accused of defrauding investors in a cryptocurrency investment scheme, Bankman-Fried’s attorney told Reuters. Bankman-Fried and his […]