Bernard Arnault, the chairman of French luxury goods giant LVMH, has just become the first European to top Bloomberg's list of the world's richest people, relegating Elon Musk to second place.
Investors withdrew as much as $3 billion from Binance on Tuesday, according to blockchain analytics firm Nansen, as the world's largest cryptocurrency exchange confronted investor jitters amid a deluge of negative headlines about the industry.
As administration officials considered a border proposal reminiscent of the Trump era this month, Senate Majority Leader Chuck Schumer called Ron Klain, President Joe Biden's chief of staff, with concerns, according to three sources with knowledge of the call.
Severe storms including confirmed tornadoes have carved paths of destruction in Oklahoma and the Dallas-Fort Worth area Tuesday and injured at least seven people -- part of a larger storm system that threatens more damage in the South and blizzard conditions in states farther north.
John J. Ray III, who made his name overseeing the liquidation of Enron in the early 2000s, is the man in charge of sifting through the rubble of FTX, the once-mighty cryptocurrency exchange — founded in 2019 and run into the ground by 2022 by Sam Bankman-Fried.
Breonna Taylor's boyfriend, Kenneth Walker III, has reached a $2 million dollar settlement with the City of Louisville, resolving lawsuits Walker filed in response to "the unlawful police raid that led to Ms. Taylor's death," a news release from Walker's legal team says.
FTX founder Sam Bankman-Fried was indicted on eight criminal charges including wire fraud and conspiracy by misusing customer funds, according to an indictment from the US Attorney of the Southern District of New York.
The Justice Department has tried to gain access to Republican Rep. Scott Perry's text messages as part of a criminal investigation into 2020 election interference, facing off with his lawyers in a secret court proceeding after seizing his phone, CNN observed at the courthouse and sources familiar with the investigation said.
Federal prosecutors announced a plea deal and $2 billion forfeiture Tuesday with Danske Bank, one of Denmark's largest banks, for illegally allowing foreign actors to funnel money through their branch in Estonia in order to gain unlawful access to the US financial system.
Rep. Bennie Thompson, the chairman of the House select committee investigating the January 6, 2021, insurrection, told reporters the committee will hold its final public meeting on Monday and that the panel's full report will come out December 21.
A recount reconfirmed that GOP Rep. Lauren Boebert defeated Democrat Adam Frisch in Colorado's 3rd Congressional District, the Colorado secretary of state said this week.
The combination of extreme weather and a disease impacting citrus fruit is expected to drive down Florida's orange crop to its lowest level since before World War II, shrinking the state's already dwindling supply and promising to send orange juice prices even higher.
Airbnb on Tuesday said it has found a "meaningful difference" in the booking success rate for users who are perceived to be White compared to those who are perceived to be Black. The findings come after the company launched an initiative to uncover and remedy race-based discrimination on its platform.
