Business

FTX founder Sam Bankman-Fried is found guilty of all charges including fraud

7:05am November 03, 2023

A jury in New York found the so-called crypt king guilty of securities fraud and six other criminal counts. Now, the founder of the crypto firm FTX could spend the rest of his life in prison.

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A worker inspects disposable gloves at a factory in Malaysia, a country that has been the top supplier of medical gloves to the U. S. and which is facing increasing competition from China.

More medical gloves are coming from China, as U.S. makers of protective gear struggle

5:15am November 03, 2023

by Nell Greenfieldboyce

The federal government has invested hundreds of millions of dollars to boost American production of medical gloves, but some companies say it's not enough when imported gloves have gotten cheaper.

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'Planet Money': Why offshore wind is facing headwinds

5:11am November 03, 2023

The Gulf of Mexico this summer saw the first-ever opening of an auction of leases for offshore wind production. But the expectations for robust bidding haven't been realized.

Settlement: Uber and Lyft drivers in New York will get $328 million in back pay

5:11am November 03, 2023

by A Martínez

Uber and Lyft will pay to settle allegations they short-changed drivers. The $290 million from Uber and $38 million from Lyft will go to drivers for Uber from 2014 to 2017 and Lyft from 2015 to 2017.

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Visitors wearing masks ride on a roller coaster at Six Flags Magic Mountain on its first day of reopening to members and pass holders in Valencia, Calif., on April 1, 2021.

National

Cedar Fair and Six Flags will merge to create a playtime powerhouse in North America

1:38am November 03, 2023

by The Associated Press

The combined company, worth more than $3.5 billion, will boast 27 amusement parks, 15 water parks and nine resort properties in the U.S., Canada, and Mexico.

Sam Bankman-Fried leaves a Manhattan federal court in New York City on Jan. 3, 2023.

Economy

Sam Bankman-Fried is found guilty of all charges in FTX's spectacular collapse

10:21pm November 02, 2023

by David Gura

The conviction marks a spectacular fall from grace for a once shining star in finance. He faces decades in prison.

Donald Trump's New York trial continues with testimony from sons Eric and Donald Jr.

4:28pm November 02, 2023

by Andrea Bernstein

Donald Trump's two sons testified Thursday in a New York courtroom in the civil fraud trial against them.

In 2019, Barneys New York went under. But its name lives on under a new owner that specializes in buying and recharging dying brands.

Bankrupt and loving it: Welcome to the lucrative world of undead brands

8:50am November 02, 2023

by Alina Selyukh

Remember Juicy Couture and Pier 1? They went under, but not all the way under. Someone still makes millions of dollars off these names. And the hunt for revivable brands is big business.

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National

Toyota recalls nearly 1.9M RAV4s to fix batteries that can move during hard turns

4:12am November 02, 2023

by The Associated Press

The recall covers certain RAV4s from the 2013 through 2018 model years. Toyota said in a statement that some replacement 12-volt batteries used in the SUVs have smaller top dimensions than others.

A United Airlines jetliner lifts off from a runway at Denver International Airport on June 10, 2020, in Denver. Two United Airlines flight attendants have filed a lawsuit against the company, alleging they were excluded from working charter flights for the Los Angeles Dodgers because of their race, age, religion and appearance.

2 flight attendants sue United Airlines for discrimination on Dodgers charter flights

6:32pm November 01, 2023

by Jonathan Franklin

Dawn Todd and Darby Quezada had spent more than a decade trying to join the airline's program that staffs the Los Angeles Dodgers' flights.