FTX finds $5.5 billion in liquid assets, still faces ‘substantial shortfall’

FTX finds $5.5 billion in liquid assets, still faces ‘substantial shortfall’

Collapsed crypto exchange FTX said Tuesday it has identified $5.5 billion of liquid assets, but said based on current estimates both the international and U.S. based exchange still face a “substantial shortfall” from what the trading venues owe customers. A court document with the restructuring team’s most recent findings shows this $5.5 billion includes $1.7 billion of cash, $3.5 billion of crypto assets, and $0.3 billion of securities. Some $1.7 billion of the company’s assets are being held… Source link

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FEC rules Google’s Gmail spams emails on a ‘politically neutral basis’ after RNC complaint

FEC rules Google’s Gmail spams emails on a ‘politically neutral basis’ after RNC complaint

Biden admin accused of colluding with Big Tech ‘Big Sunday Show’ panelists discuss reports the Biden administration allegedly colluded with social media giants like Twitter and Instagram to censor ‘misinformation’ on its platforms.  The Federal Election Commission ruled that Google’s email platform, Gmail, does not filter emails for political purposes after the Republican National Committee filed a complaint against the Big Tech giant, alleging it censored conservatives by sending GOP… Source link

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FEC rules Google’s Gmail spams emails on a ‘politically neutral basis’ after RNC complaint

FEC rules Google’s Gmail spams emails on a ‘politically neutral basis’ after RNC complaint

Biden admin accused of colluding with Big Tech ‘Big Sunday Show’ panelists discuss reports the Biden administration allegedly colluded with social media giants like Twitter and Instagram to censor ‘misinformation’ on its platforms.  The Federal Election Commission ruled that Google’s email platform, Gmail, does not filter emails for political purposes after the Republican National Committee filed a complaint against the Big Tech giant, alleging it censored conservatives by sending GOP… Source link

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Why Draymond Green laments Warriors losing Gary Payton II, Otto Porter Jr.

Why Draymond Green laments Warriors losing Gary Payton II, Otto Porter Jr.

Why Draymond laments Warriors losing GP2, Porter after title originally appeared on NBC Sports Bayarea Halfway through the 2022-23 NBA season, Draymond Green still ponders how things would have been different had Gary Payton II and Otto Porter Jr. remained with the Warriors. Speaking with ESPN’s Stephen A. Smith on the “K[NO]w Mercy with Stephen A. Smith” podcast, Green shared his thoughts on Golden State losing Payton and Porter in free agency this past offseason. “Absolutely hate it, and… Source link

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Reps. Marjorie Taylor Greene and Paul Gosar get plum committee assignments in GOP-led House

Reps. Marjorie Taylor Greene and Paul Gosar get plum committee assignments in GOP-led House

Reps. Marjorie Taylor Greene, R-Ga., and Paul Gosar, R-Ariz., who were each stripped of committee assignments by House Democrats for their incendiary rhetoric, have been given seats on multiple congressional panels in the now Republican-controlled chamber. Greene — an election denier who has often complained about the treatment of those arrested and charged in connection with the Jan. 6, 2021, attack at the Capitol — was named to the Homeland Security Committee, multiple news outlets… Source link

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As layoffs ripple across Wall Street, some banks stay in ‘hiring mode’

As layoffs ripple across Wall Street, some banks stay in ‘hiring mode’

Some firms across the financial industry are giving workers the boot after dealmaking activity tumbled last year and as a potential recession looms. But the picture among Wall Street’s six biggest banks is mixed when it comes to the scale of these layoffs. And some firms are even adding staff in this environment — as JPMorgan chief Jamie Dimon said last week, his bank is in “hiring mode.” Along with financial results for the fourth quarter, Goldman Sachs (GS) and Morgan Stanley (MS) each… Source link

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Mom’s drive-through footage of ‘rude’ Panera Bread employee totally backfires after going viral

Mom’s drive-through footage of ‘rude’ Panera Bread employee totally backfires after going viral

A Panera Bread customer didn’t get the reaction she was likely expecting when she uploaded footage of a “rude” employee to her TikTok account. Mom and TikToker @leikerornot gained over 17.7 million views and nearly 95,000 comments when she posted the video online — but many of those comments were not in her favor. While we’ve seen drive-through interactions go viral before — as with the Starbucks barista who reluctantly revealed to a customer that there was an issue with her makeup… Source link

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3 things to know about the debt-ceiling farce

3 things to know about the debt-ceiling farce

The most tiresome issue in American politics is back, thanks to Republicans who regained control of the House of Representatives in the 2022 midterm elections. For the next six months or so, you’ll be hearing about the debt-ceiling standoff that could torpedo the U.S. economy. This isn’t some natural phenomenon or market abnormality we have no choice but to deal with. It’s a manmade construct that once served a purpose but has now become a mechanism for abuse of the majority by a… Source link

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3 things to know about the debt-ceiling farce

3 things to know about the debt-ceiling farce

The most tiresome issue in American politics is back, thanks to Republicans who regained control of the House of Representatives in the 2022 midterm elections. For the next six months or so, you’ll be hearing about the debt-ceiling standoff that could torpedo the U.S. economy. This isn’t some natural phenomenon or market abnormality we have no choice but to deal with. It’s a manmade construct that once served a purpose but has now become a mechanism for abuse of the majority by a… Source link

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