Category: Companies

FTX Recovered $5 Billion Worth of ‘Liquid’ Assets, Attorneys Say

Crypto exchange FTX has more than $5 billion in cash and liquid cryptocurrencies and securities, an attorney for the beleaguered company confirmed on Wednesday. The Sam Bankman-Fried-founded company filed for bankruptcy in November and U.S. prosecutors have accused Bankman-Fried of orchestrating fraudulent activity that may have cost investors, customers, and lenders billions of dollars. Attorneys…


Deadline Passes for Pfizer to Submit Results of Post-Vaccination Heart Inflammation Study to US Regulators

The deadline has passed for Pfizer to submit the results of a study exploring the frequency of heart inflammation following receipt of the company’s COVID-19 vaccine. Pfizer was required by the U.S. and Food and Drug Administration (FDA) to conduct multiple studies on its vaccine after the FDA approved the shot in August 2021 because…


All Flights Grounded Across US After FAA Computer Glitch, White House Investigating

The failure of a key pilot notification system operated by the Federal Aviation Administration (FAA) late Tuesday has disrupted air travel as the agency has ordered all airlines to ground planes in the United States, with the White House saying an investigation has been launched. There’s no indication at this time the outage was caused…


Operations ‘Resuming Gradually’ After All Flights Grounded Across US: Federal Agency

Operations in the United States are starting to resume after all flights across the country were grounded, the Federal Aviation Administration (FAA) said on Jan. 11. “Normal air traffic operations are resuming gradually across the U.S. following an overnight outage to the Notice to Air Missions system that provides safety info to flight crews,” the…


GM Wants US Treasury to Reconsider Tax Credits for Cadillac Lyriq EV

WASHINGTON—General Motors said Friday it wants the U.S. Treasury to reconsider classification of GM’s electric Cadillac Lyriq to allow it to qualify for federal tax credits. The Treasury and Internal Revenue Service did not classify the Lyriq as an SUV, meaning its retail price cannot be above $55,000 to qualify for up to $7,500 in…


Global Stocks Mostly Rise as US Inflation Report Looms

TOKYO—Global shares were mostly higher Wednesday, boosted by a rally on Wall Street ahead of some potentially market-moving reports due later in the week. France’s CAC 40 rose nearly 0.2 percent in early trading to 6,879.36, while German’s DAX added 0.3 percent to 14,813.45. Britain’s FTSE 100 gained 0.2 percent to 7,710.23. The future for…


PREMIERING 7:30PM ET: Adam Coleman: Overcoming a ‘Poisonous’ Society of Victims and Saviors

“My search for black identity was something that I actually enjoyed, until I started noticing that there was a level of animosity that comes with it that’s being preached. It is a celebration of being black and also is a rejection of ‘white.’” Adam Coleman is the founder of WrongSpeak Publishing and author of “Black…


PREMIERING NOW: Adam Coleman: Overcoming a ‘Poisonous’ Society of Victims and Saviors

“My search for black identity was something that I actually enjoyed, until I started noticing that there was a level of animosity that comes with it that’s being preached. It is a celebration of being black and also is a rejection of ‘white.’” Adam Coleman is the founder of WrongSpeak Publishing and author of “Black…


Adam Coleman: Overcoming a ‘Poisonous’ Society of Victims and Saviors

“My search for black identity was something that I actually enjoyed, until I started noticing that there was a level of animosity that comes with it that’s being preached. It is a celebration of being black and also is a rejection of ‘white.’” Adam Coleman is the founder of WrongSpeak Publishing and author of “Black…


Artificial Intelligence-Powered ‘Robot Lawyer’ to Represent Human in Court Next Month

A robot powered by artificial intelligence is set to become the world’s first “robot lawyer” and will take on speeding ticket cases in court next month, its creators have said. Joshua Browder, the CEO of Startup DoNotPay, which bills itself as “the home of the world’s first robot lawyer” confirmed the news on Twitter on Monday. Browder said…