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Economy

Musk Delays Relaunch of Twitter Blue, Announces New Gold and Grey Checkmarks

November 25, 2022 - 11:44 amNovember 25, 2022 - 10:10 am by Nick R. Hamilton

Elon Musk is delaying the relaunch of the Twitter Blue subscription service but has announced that the social media platform is rolling out new gold and grey checkmarks.

Categories Economy Tags Big Tech, Blue Check, Business, Elon Musk, News, Social Media, Twitter Leave a comment

Sam Bankman-Fried Ran FTX as His ‘Personal Fiefdom,’ Lawyers Say

November 25, 2022 - 10:24 amNovember 24, 2022 - 10:10 am by Nick R. Hamilton

FTX founder and former CEO Sam Bankman-Fried run his company like a “personal fiefdom,” lawyers for the failed cryptocurrency exchange say.

Categories Economy Tags Business, News Leave a comment

FTX Funneled Millions into Political Campaigns before Bankruptcy

November 23, 2022 - 1:24 pmNovember 23, 2022 - 10:10 am by Nick R. Hamilton

Three FTX executives funneled over $70 million to political campaigns during the 2022 election cycle, ranking third in donations overall, records show.

Categories Economy Tags Business, Donations, FTX, George Soros, Midterms, News, Sam Bankman-Fried 2 Comments

S&P Global Warns: Corporate Defaults Will Double Even in Mild Recession

November 24, 2022 - 10:51 amNovember 22, 2022 - 10:10 am by Nick R. Hamilton

Leading analysts with S&P Global have warned that corporate default rates will more than double, even if the United States only suffers a mild recession.

Categories Economy Tags Business, Corporate Defaults, Interest Rates, News, S&P Global Leave a comment

Elon Musk Restores Project Veritas’ Twitter Account

November 21, 2022 - 12:11 pmNovember 21, 2022 - 10:10 am by Nick R. Hamilton

Elon Musk’s Twitter has restored the account of the non-profit investigative journalism watchdog Project Veritas as several high-profile users have had bans lifted in recent days.

Categories Economy Tags Big Tech, Business, Elon Musk, James O'Keefe, News, Project Veritas, Twitter Leave a comment

Alameda: The Firm at the Heart of FTX’s Epic Collapse

November 20, 2022 - 12:35 pmNovember 20, 2022 - 10:10 am by Nick R. Hamilton

In late 2017, MIT alumnus Sam Bankman-Fried left the quantitative trading firm Jane Street to start his own cryptocurrency trading firm, Alameda Research.

Categories Economy Tags Almeda, Business, FTX, News, Sam Bankman-Fried 3 Comments

Questions Emerge over Biden’s Push to Install Electric Car Chargers at Gas Stations

November 19, 2022 - 12:44 pmNovember 19, 2022 - 10:10 am by Nick R. Hamilton

A new report raises questions about President Joe Biden’s push to install electric vehicle (EV) chargers in gas stations across America.

Categories Economy Tags Biden, Business, Electric Car, Electric Vehicles, Gas, Lundberg Letter, News 5 Comments

New CNN CEO Reveals How Network Will Cover Trump after 2024 Announcement

November 18, 2022 - 11:09 amNovember 18, 2022 - 10:10 am by Nick R. Hamilton

CNN’s new CEO Chris Licht has revealed that his network plans to reduce its coverage of President Donald Trump following the launch of his 2024 presidential campaign.

Categories Economy Tags Business, Chris Licht, CNN, Media, News, Trump 4 Comments

Grain Deal Between Russia & Ukraine Extended by 120 Days

November 17, 2022 - 1:28 pmNovember 17, 2022 - 10:10 am by Nick R. Hamilton

The grain deal between Russia and Ukraine that facilitates the export of Ukrainian agricultural exports via Black Sea ports has been extended by 120 days, according to reports.

Categories Economy Tags Business, Grain, News, Putin, Russia, Ukraine Leave a comment

Electric Cars Less Reliable Than Gas-Powered Vehicles, Consumer Reports Reveals

November 16, 2022 - 11:48 amNovember 16, 2022 - 10:10 am by Nick R. Hamilton

Electric vehicles are less reliable than their gas-powered counterparts, a new Consumer Reports survey has revealed.

Categories Economy Tags Business, Cars, Electric Car, Electric Vehicles, News, Tesla 2 Comments
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