The cofounder and main promoter of the $4 billion OneCoin pyramid scheme was sentenced to 20 years in prison for his role in one of the first and biggest criminal frauds involving cryptocurrency.
The European Union is set to lift sanctions on two Russian businessmen after a review of the restrictions imposed on individuals and entities as punishment for Vladimir Putin’s invasion of Ukraine, according to people familiar with the matter.
Noble House Home Furnishings LLC filed for bankruptcy with plans to sell its assets after inflation and weakening consumer spending crimped its finances.
Many of MGM Resorts International’s websites remained down on Tuesday after a cyberattack that began two days earlier.
Companies choose Alphabet Inc.’s Google as the default search engine for their browsers and smartphones because it is the best one, and not because of a lack of competition, a Google lawyer said Tuesday at the start of a high-stakes antitrust trial in Washington.
Flexport Inc. founder Ryan Petersen said ex-Chief Executive Officer Dave Clark’s ouster means the once high-flying freight technology company will focus on revenue growth and becoming profitable again despite the ongoing slump in global goods trade.
Amazon.com Inc. has opened offices at the former Lord & Taylor building in midtown Manhattan, more than three years after purchasing the property.
Volatility picked up in digital-asset markets as traders evaluated the prospect of crypto disposals by the defunct FTX exchange through its bankruptcy process.
Stocks retreated, while the dollar rebounded as investors geared up for a key inflation report that’s expected to bring more insights on the outlook for the Federal Reserve’s next steps.
Lyft Inc. is launching a feature that will try to prioritize matches between women and non-binary riders and drivers in response to demand for increased safety protections for its users.
