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Sam Bankman-Fried found guilty of fraud

A New York federal jury found the FTX founder guilty of stealing billions of dollars from the crypto exchange’s customers, in what prosecutors called one of the biggest financial frauds in U.S. history.

Latest Business

Kanye and Adidas: Money, Misconduct and the Price of Appeasement

Before Adidas broke with Kanye West last fall over antisemitic public remarks, it had tolerated years of his abusive conduct behind the scenes.

What Happened Inside Morgan Stanley After Ted Pick Was Named CEO

  • Next CEO has ‘tremendous following’ in firm, James Gorman says
  • Pick plans to maintain firm’s direction, he says in interview

The Big Take Sam Bankman-Fried Takes Stand in Reminder of Crypto’s Epic Fall

Last year, crypto was still the future of finance. As SBF prepares to testify, the new documentary RUIN explores what’s transpired since FTX’s stunning collapse.

Kylie Jenner Built a Beauty Empire. Now She’s Coming for Fashion.

The youngest of the Kardashian-Jenner clan is expanding her empire with the launch of a new clothing line.

Apple Raises TV Streaming Price to $9.99

The iPhone maker is the latest company to raise prices on streaming services.

Microsoft’s unexpected rebound in Azure cloud growth lifts shares

Wall Street had expected a slowdown as customers seek greater efficiency

Netflix to Raise Prices as Password Crackdown Boosts Subscriber Growth

The streaming giant added 8.8 million subscribers in the third quarter and said it would immediately raise U.S. basic-plan prices to $11.99.

US fintech Plaid hires first chief financial officer on road to potential IPO

Start-up appoints former Expedia CFO two years after failed sale to Visa

It’s official: The era of China’s global dominance is over

We've reached the end of an era for the Chinese economy.

Microsoft’s Activision Buy Extends Nadella’s Decade of Deals

.Companies completed the deal—the largest in Microsoft’s nearly 50-year history—after regulators’ concerns were addressed.

How much did Taylor Swift actually make from the Eras Tour?

The massive production not only provided a jolt of money to sold-out stadiums — it also infused the American economy with a trickle-down flow of cash.

Microsoft Closes $69 Billion Activision Deal, Overcoming Regulators’ Objections

The megadeal could strengthen Microsoft’s standing in the video game industry, after a year and a half of negotiations with regulators around the world.

FTX thief cashes out millions during Bankman-Fried trial

A thief who stole more than $470m (£383m) in cryptocurrency when FTX crashed is trying to cash it out while the exchange's founder is on trial.

Sam Bankman-Fried trial: ex-girlfriend says he directed her to commit crimes

Caroline Ellison, who dated Bankman-Fried for ‘a couple of years’, tells court that he ‘directed me to commit these crimes’

Hollywood strikes cost sector thousands of jobs

The American film industry has shed 7,000 positions in September alone, official data showed

The F.T.C. Finally Takes On Amazon

The government has filed a long-awaited antitrust suit against the company, which controls a sweeping share of the U.S.’s online-shopping market. What will it accomplish?

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