FTX entered bankruptcy in November when the global exchange ran out of money after the equivalent of a bank run.
Nation & World
National and world news from the Kennebec Journal and Morning Sentinel.
Posted inNation & World, News
Biden picks female admiral to lead Navy. She’d be 1st woman to be a U.S. military service chief
Lisa Franchetti was chosen based on the broad scope of her experience at sea and ashore, including several high-level policy and administrative jobs that give her deep knowledge in budgeting and running the department.
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Posted inNation & World, News
Vatican is moving ahead with plan to reunite Ukrainian children taken to Russia with their families
The Vatican’s initiative follows a similar one involving Russia-Ukraine prisoner swaps in which the Holy See delivered lists of prisoners to be exchanged, Francis has said.
Posted inNation & World, News
New report points to homicide rate declines in U.S. cities after pandemic-era spike
Though numbers remained about 24% higher than they were in 2019, and motor vehicle thefts were up sharply in the analyzed cities.
Posted inBusiness, Nation & World
Amazon, Google, Meta, Microsoft and others agree to AI safeguards set by White House
A surge of commercial investment in generative AI tools has brought public fascination as well as concern.
Posted inNation & World, News, Politics
Judge sets trial date for next May in Trump’s classified documents case
If the date holds, it would follow close on the heels of a separate trial on dozens of charges of falsifying business records in connection with an alleged hush money payment to a porn actor.
Posted inNation & World, News, Politics
Judge sets trial date for next May in Trump’s classified documents case
If the date holds, it would follow close on the heels of a separate trial on dozens of charges of falsifying business records in connection with an alleged hush money payment to a porn actor.
Posted inNation & World, Politics
Grassley releases full FBI memo with unverified claims about Hunter Biden’s work in Ukraine
It involves claims a confidential informant made in 2020 about Hunter Biden’s alleged business dealings when he served on the board of Ukrainian energy company Burisma.
Posted inArts & Entertainment, Nation & World
Tony Bennett, masterful stylist of American musical standards, dies at 96
The last of the great saloon singers of the mid-20th century, Bennett often said his lifelong ambition was to create ‘a hit catalog rather than hit records.’
Posted inNation & World, News
By pulling out of Ukrainian grain deal, Russia risks alienating its few remaining partners
Putin’s actions not only threaten global food security but also could backfire against Russia’s own interests