Business

Japanese beef croquettes with a 30-year waiting list

Editor’s note — Sign up for Unlocking the World, CNN Travel’s weekly newsletter. Get news about opening destinations, inspiration for future adventures, plus the latest in aviation, food and drink, where to stay and other travel developments. (CNN) — If you order a box of frozen Kobe beef croquettes from Asahiya, a family-owned butcher shop …

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Elizabeth Holmes trial: Federal prosecutors seek 15 years for Theranos fraud

FOX Business host Cheryl Casone has the final say on Sunny Balwani’s conviction of 12 counts of fraud for a Theranos scam on “The Claman Countdown.” Federal prosecutors filed a brief Friday asking a judge to sentence Theranos CEO Elizabeth Holmes to 15 years in prison for duping investors out of hundreds of millions of …

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Tesla China responds to dramatic crash that left two dead [video]

Tesla will help Chinese authorities investigate a tragic Tesla Model Y crash in Guangdong, China that left two people dead and three injured. But rumors have been circulating on social media with potential causes of the crash, most of which are either untrue or impossible. The accident happened on November 5 and a video circulated …

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Sam Bankman-Fried’s Alameda Quietly Used FTX Client Funds Without Raising Alarm, Sources Say

tom williams | CQ-Roll Call, Inc. | Getty Images The quantitative trading firm founded by Sam Bankman-Fried was able to quietly use client funds from its FTX exchange in a way that flew under the radar of investors, employees and auditors in the process, a source says. The way they did it was to use …

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Elon Musk refutes reports that Tesla will export Chinese-made cars to the United States

Financial analyst “Meet Kevin” and YouTuber Kevin Paffrath provides insight into the Tesla company on “Making Money”. Tesla CEO Elon Musk on Friday denied a Reuters report that the electric vehicle maker was considering exporting its Chinese-made cars to the United States. Typically curt, Musk answered “False” in response to a Reuters article: “Tesla plans …

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Bankrupt Crypto Exchange FTX Under Criminal Investigation in the Bahamas

New York CNN — Bahamian authorities are investigating possible criminal misconduct surrounding the staggering implosion of crypto exchange FTX, authorities said on Sunday. In a statement, the Royal Bahamas Police confirmed the investigation into FTX, which is headquartered in the Bahamas. “In light of the collapse of FTX globally and the provisional liquidation of FTX …

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Sen. Ed Markey hits back at Elon Musk after he answers impersonation questions

Elon Musk’s Twitter profile is seen on a smartphone atop printed Twitter logos in this illustration taken April 28, 2022. Dado Ruvic | Reuters Sen. Ed Markey chastised Twitter owner Elon Musk on Sunday for his response to Markey’s request for answers regarding the platform’s new verification and impersonation policies. After a Washington Post reporter …

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Dolly Parton received $100 million from Jeff Bezos to donate to charities of her choice

Moody’s Analytics chief economist Mark Zandi on Jeff Bezos criticizes the Biden administration’s handling of inflation, government spending and recession fears. Dolly Parton just got $100 million rich – thanks to Jeff Bezos. Bezos selected Parton as the 2022 recipient of his Courage and Charities Award, as someone who “leads with his heart.” Although the …

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