A substantial amount of the company’s assets are missing, an FTX lawyer told a bankruptcy judge on Tuesday.
Category: Justice Department
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FTX Assets Still Missing as Firm Begins Bankruptcy Process
The New York Times – Business: -
Penguin Random House-Simon & Schuster Deal Collapses, Breaking Pattern in Publishing
The New York Times – Business:The deal to acquire Simon & Schuster would have made the buyer, Penguin Random House, even larger, and reduced the number of big publishers in the U.S. to four.
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Hundreds of Twitter Workers Quit as Musk Demands Loyalty
The New York Times – Business:Hundreds of workers decided to leave the troubled social network, after Elon Musk demanded employees commit to a new “hard core” work environment.
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LIV Golf Threw a Sport Into Chaos. It Also Changed It.
The New York Times – Sports:The Saudi-backed golf series, which will expand next year, has forced the PGA Tour to redesign its economic model. The drama between the two golf entities seems far from over.
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Augusta National and U.S.G.A. Drawn Into Justice Department Antitrust Inquiry
The New York Times – Sports:The Justice Department is investigating the PGA Tour for anticompetitive behavior in its dealings with LIV Golf, the breakaway Saudi-backed league.
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Families of Boeing Crash Victims Can Challenge U.S. Settlement, Judge Rules
The New York Times – Business:He said passengers killed on two 737 Max flights were crime victims, siding with relatives who objected to a deal that spared Boeing from a criminal charge.
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Biden Administration to Offer Plan to Get Addiction-Fighting Medicine to Pregnant Women
The New York Times – Business:Pregnant women are more likely to die of a drug overdose than the average woman of childbearing age, but less likely to be accepted for medication-based treatment.