Sam Bankman-Fried, the founder of bankrupt cryptocurrency exchange FTX, arrives at court as lawyers push to persuade the judge overseeing his fraud case not to jail him ahead of trial, at a courthouse in New York, August 11, 2023. Eduardo Munoz | Reuters A lawyer for FTX founder Sam Bankman-Fried on Thursday filed a notice
Business
Sir Paul Marshall, the hedge fund tycoon, is preparing to step down from the board of GB News’ parent company as he eyes a renewed bid to acquire The Daily Telegraph. Sky News has learned that Sir Paul, the co-founder of Marshall Wace and largest shareholder in the television news channel, is expected to hand
This photo illustration shows an image of former President Donald Trump next to a phone screen that is displaying the Truth Social app, in Washington, DC, on February 21, 2022. Stefani Reynolds | AFP | Getty Images Investment firms led by the former CEO of the SPAC that merged with Donald Trump‘s media company allege
Ted Baker’s American licensing partner is a leading contender to take control of the fashion brand’s British operation weeks after it collapsed into administration. Sky News has learnt that OSL, which was appointed to run Ted Baker’s US retail business just over a year ago, is a frontrunner to take over the European business, which
Gas prices are displayed at a gas station on March 12, 2024 in Chicago, Illinois. Scott Olson | Getty Images A closely watched Labor Department report due Wednesday is expected to show that not much progress is being made in the battle to bring down inflation. If so, that would be bad news for consumers,
A stock market flotation of the private equity behemoth which has owned stakes in some of Britain’s best-known companies could be launched as early as next week. Sky News has learnt that executives at London-headquartered CVC Capital Partners are considering unveiling plans for its third attempt to go public in the Netherlands within the next
A Tesla Model X burns after crashing on U.S. Highway 101 in Mountain View, California, U.S. on March 23, 2018. S. Engleman | Via Reuters Tesla on Monday settled a wrongful death lawsuit brought by the family of Walter Huang, an Apple engineer and father of two who died after his Model X SUV, with
A company which provides emerging talent from Britain’s food industry with a platform to sell its products has raised a further £3m to fuel its growth. Sky News understands that Sessions, which was founded by former Deliveroo executive Dan Warne, has secured the funding from Guinness Ventures, an existing investor. The fundraising will be announced
Japan has long captivated travelers. But many of its most famous qualities — from the cuisine to the country’s nationwide culture of civility — can initially be befuddling for outsiders too. To help travelers bridge the cultural gap, CNBC Travel asked frequent visitors for their single best piece of advice when visiting Japan. 1. Speak
Employees across the country have today been granted the legal right to request flexible working from the day they enter a new job. Previously, the right was only applicable if someone had worked for their employer for 26 weeks or more. The Flexible Working (Amendment) Regulations 2023 gained Royal Assent in July as Kevin Hollinrake,
Former U.S. President Donald Trump speaks at a campaign event on April 02, 2024 in Grand Rapids, Michigan. Spencer Platt | Getty Images Donald Trump on Saturday said he welcomed the prospect of going to jail for violating a gag order in his upcoming New York hush money trial. “I will gladly become a Modern
English cricket chiefs will next week take another step towards a radical revamp of the sport’s ownership structure by launching plans to sell stakes in The Hundred’s eight franchises. Sky News has learnt that the England and Wales Cricket Board (ECB) will interview bankers in the coming days as they prepare to raise funds by
By Howard Bloom Americans are suffering through a trauma of stolen expectations. The result is what you might call The Great Unhappiness. First off, are things bad in America right now? Is the economy tanking? Not at all. America is booming. · Our economy is growing at 3.2% per year, the highest post-Covid growth rate of any
Elon Musk, Chief Executive Officer of Tesla and owner of X, formerly known as Twitter, attends the Viva Technology conference dedicated to innovation and startups at the Porte de Versailles exhibition center in Paris, France, June 16, 2023. Gonzalo Fuentes | Reuters Tesla will reveal its robotaxi product on Aug. 8, CEO Elon Musk said
Administrators to The Body Shop are drawing up plans to launch a further restructuring process in a bid to salvage a future for one of Britain’s best-known high street brands. Sky News has learnt that insolvency practitioners at FRP Advisory have outlined proposals to launch a company voluntary arrangement (CVA) that would see The Body
U.S. President Joe Biden speaks at the Pieper-Hillside Boys & Girls Club in Milwaukee, Wisconsin, on March 13, 2024. Sara Stathas | Bloomberg | Getty Images Allies of President Joe Biden are ramping up a charm offensive aimed at getting high-profile Republicans and donors who won’t support Donald Trump to back the Democratic president. But