NEW YORK—Since his December arrest on fraud charges, FTX founder Sam Bankman-Fried and his lawyers have suggested part of his defense will be seeking to distance himself from the day-to-day operations of the now-bankrupt cryptocurrency exchange. But new accusations against him and a third former member of his inner circle in recent weeks could complicate…

Major Hollywood films, including Star Wars and Ghostbusters, that attempted a shift into social justice and woke culture were rejected by audiences, including by long-term fans. Films that were expected to be major blockbuster hits turned out to be flops, and film studios took note. The studios are now abandoning overt social justice agendas to…

MUNICH—Volkswagen may have to spend more to deliver its planned transformation, the German carmaker’s supervisory board chairman said, particularly a shift towards autonomous driving. The world’s second-largest automaker, which plans to invest 150 billion euros ($178 billion) in its business by 2025, has repeatedly said that it can fund the transition towards electric vehicles and…