Updates on the FTX cryptocurrency collapse. Attorneys say former CEO Sam Bankman-Fried ran the company like a “personal fiefdom.” A potential railroad strike is coming this holiday season. We have everything you need to know about the situation. Investor home-buying is falling at record rates—the biggest drop since the 2008 financial crisis if you exclude the…
NTD Business (Nov. 22): FTX Was Run as ‘Personal Fiefdom’: Lawyers; Investor Home-Buying Plunges
NTD Good Morning (Nov. 22): Twitter Reinstates Rep. Marjorie Taylor Greene; Disney Changes CEO
Twitter reinstated the account of Republican Rep. Marjorie Taylor Greene on Nov. 21. The move comes two days after it also restored the account of former president Donald Trump. The social media forum suspended Greene’s personal account in January. Meet the new boss, the same as the old boss. Disney has restored former CEO Bob Iger to the top executive chair….
Railroad Strike Threatens US Power Grid
Commentary If you can’t hear that train a’coming, don’t blame Johnny Cash. Blame the railway workers’ strike that could effectively shut down interstate commerce just as the holiday season begins. The strike could lead to further supply chain disruptions; it’s not just the consumer goods that drive Black Friday and beyond; it’s also the fuel that powers…
Xi and Putin Meet, Pledge Mutual Support; Railway Strike Averted With Tentative Deal | NTD Business
China’s Xi Jinping meets with Russia’s Vladimir Putin for the first time since the war in Ukraine. Xi wants China and Russia to lead the world. Railroads and unions reach a tentative deal, averting a potential strike—at least for now. The chairman of the SEC is in the spotlight, while senators question him over a…
Rail Strike Could Be Devastating: Expert; EU Emission Regulations Add to Energy Pains | NTD Business
Railroad workers warning a massive strike could be coming if they don’t get what they want in a new contract. What could it do to supply chains in the United States? Treasury Secretary Janet Yellen says gas prices could rise again later this year, but they’re working on a plan to address that risk. The…
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