Changpeng Zhao, the billionaire founder of the giant cryptocurrency exchange Binance, was sentenced on Tuesday to four months in prison, a much lighter penalty than other crypto executives have faced since the industry imploded in 2022. Mr. Zhao pleaded guilty last year to a money-laundering violation, acknowledging that his company …
In central Chile, not far from where the Andes Mountains meet the Pacific Ocean, a vast swath of pristine wilderness is changing hands under the most unusual circumstances. Roberto Hagemann, a Chilean businessman who owns the 325,000-acre property, has agreed to sell the land to his longtime adversaries, a band …
Kimberly Jolasun, a 32-year-old entrepreneur in Atlanta, has never voted for the Republican candidate for the presidency. That may be about to change. Her company, Villie, is an online platform that lets new parents share photos and updates about their babies with friends and relatives and register for gifts like …
Paramount’s cloudy future The boardroom intrigue at Paramount Global — the drama that has gripped the corporate world — just got messier. Bob Bakish is out as C.E.O., replaced by three subordinates who will form an “office of the C.E.O.” His departure caps a year of rising tension between him …
More than two years after the Federal Reserve started lifting interest rates to restrain growth and weigh on inflation, businesses continue to hire, consumers continue to spend and policymakers are questioning why their increases haven’t had a more aggressive bite. The answer probably lies in part in a simple reality: …
In today’s fast-paced world, many young professionals have a high appetite for risk when it comes to health. Younger individuals have started to understand the power of compounding in personal finance and as a result, they see the emergence of direct mutual funds and SIPs as financial instruments to save …
Stocks To Watch on April 30: Equity markets started the week on a positive note and gained strength throughout the session to close at day’s high. In today’s trade, shares of Ultratech, IOC, Adani Energy, Adani Total Gas, Kfin Tech, Tata Chemicals will be in focus due to various developments …
A crucial question is hanging over the American economy and the fall presidential election: Why are consumer prices still growing uncomfortably fast, even after a sustained campaign by the Federal Reserve to slow the economy by raising interest rates? Economists and policy experts have offered several explanations. Some are essentially …
They might be courtroom adversaries, but Arian Simone swears she and the man suing her venture capital firm want the same thing: an America where race does not matter. The difference is that Simone believes race-specific initiatives like the Fearless Fund are essential to achieving that ideal. Given that Black-owned …
Why Elon Musk went to China Just days after Secretary of State Antony Blinken traveled to Beijing and warned China about unfair trade practices, Elon Musk landed in the Chinese capital. The Tesla boss’s meeting with China’s No. 2 official may have paid off: Musk reportedly cleared two obstacles to …
