Bankruptcies – Page 12

Johnson & Johnson Proposes $6.5 Billion in New Talc Settlement Offer

The offer is the company’s third attempt to resolve tens of thousands of claims that its baby powder caused ovarian cancer and mesothelioma.

By J. Edward Moreno

Bankman-Fried, Sam Bankruptcies Computers and the Internet Decisions and Verdicts Ethics and Official Misconduct Frauds and Swindling HK FTX Trading Ltd (Futures Exchange) Prisons and Prisoners Virtual Currency

Prosecutors Say Sam Bankman-Fried Should Get 40 to 50 Years in Jail

Mr. Bankman-Fried, who was convicted of seven counts of fraud and conspiracy, faces a maximum penalty of 110 years.

By Matthew Goldstein and David Yaffe-Bellany

Banking and Financial Institutions Bankruptcies Mnuchin, Steven T New York Community Bancorp Inc. Otting, Joseph M

New York Community Bank Tries to Reassure Markets After $1 Billion Rescue

Management told investors that deposits had fallen, but the bank’s shares jumped on the details of a shift in strategy and large cash infusion led by the former Treasury secretary Steven Mnuchin.

By J. Edward Moreno

Art Bankruptcies Jobs, Laurene Powell Murals Nonprofit Organizations Philanthropy Rivera, Diego San Francisco (Calif) San Francisco Art Institute San Francisco Board of Supervisors

San Francisco Art Institute Campus, With Rivera Mural, Sold

The sale includes a 1931 Diego Rivera mural, which has been valued at $50 million.

By Robin Pogrebin