While it is known that FTX moved customer funds to Sam Bankman-Fried's Alameda trading desk, the missing funds are reported here for the first time. The financial hole was revealed in records that 'SBF' shared with other senior executives a week ago.
- WorldKelly's win in Arizona leaves Democrats one seat shy of Senate control
Incumbent Democrat Mark Kelly defeated Republican Blake Masters on Friday to win a U.S. Senate seat in Arizona, a contest that left Democrats one seat short in the battle for control of the chamber with two more races to be decided.
- WorldU.S. seeks 15 years for Elizabeth Holmes over Theranos fraud
Prosecutors also recommended that Holmes be forced to pay $800 million in restitution to investors.
- BreakingviewsInflation has gig economy perk: more side hustlers
The increasing number of people giving it a try is a pleasant shift for marketplaces that rely on sharing workers or spaces, columnist Sharon Lam writes.
Graphic
How clean energy could conquerClean energy has become more affordable than fossil fuels since last year's global climate summit, but rolling it out remains an obstacle
Talking Points
- Motor racingMagnussen's stunning pole is soup for Steiner