Press "Enter" to skip to content

Posts published in “Uncategorized”

House Finance Chair Rep. Maxine Waters subpoena of Sam Bankman-Fried over FTX collapse ‘on the table’

House Financial Services Committee Chairwoman Maxine Waters said in a tweet on Wednesday that a subpoena for FTX CEO Sam Bankman-Fried to testify "is definitely on the table" at a Dec. 13 hearing about the dive bomb his crypto exchanged experienced last month, despite reports indicating she had no plans to subpoena him. Still, the…

Sunny Balwani: Former Theranos executive gets nearly 13 years in prison

Image source, Getty ImagesImage caption, Sunny Balwani was convicted on 12 counts of wire fraud and conspiracy to commit wire fraud in JulyBy Madeline HalpertBBC News, WashingtonRamesh "Sunny" Balwani, the business partner of disgraced Theranos founder Elizabeth Holmes, has been sentenced to nearly 13 years in prison. Balwani was convicted in July of 12 counts…

Southwest Airlines brings back dividend as travel rebounds

DALLAS -- Southwest Airlines said Wednesday that it is bringing back dividends for shareholders, which it suspended when the pandemic devastated the airline business in early 2020.Dallas-based Southwest said in a regulatory filing that it will pay a quarterly dividend of 18 cents per share on Jan. 31.The move comes as air travel rebounds and…