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Monthly Archives: November 2022

Sam Bankman-Fried tries to broker FTX bailout from his Bahamas home

NASSAU, Bahamas — Despite being pushed out of the cryptocurrency giant he founded, Sam Bankman-Fried told CNBC he is trying to lock down a multibillion-dollar deal to bail out FTX, which filed for Chapter 11 bankruptcy protection earlier this month. In a brief interview with CNBC late Friday, the FTX …

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Coinbase shares drop as bitcoin slides, FTX-related concerns mount

Brian Armstrong, CEO and Co-Founder, Coinbase, speaks during the Milken Institute Global Conference on May 2, 2022. in Beverly Hills, California. Patrick T. Fallon | AFP | Getty Images Coinbase shares fell more than 8% Monday, extending a slide that’s pushed the crypto exchange to its lowest since its market …

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Biden pardons Thanksgiving turkeys, takes shot at Republicans

President Joe Biden pardoned the official Thanksgiving turkeys on Monday — and in the process made a series of “Dad” jokes at the expense of Republicans for falling well short of expectations in the midterm elections. “The votes are in. They’ve been counted and verified. There’s been no ballot stuffing; …

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From ‘Team of Rivals’ to Bono

This holiday season, billionaire Bill Gates is gifting you a list of five books to read while you’re hopefully enjoying some much-deserved downtime. Gates, a voracious reader who reads at least 50 books each year, regularly releases lists of the best books he’s read each year — alongside seasonal recommendations …

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What retirees need to know about qualified charitable distributions

David Jakle | Image Source | Getty Images If you’re retired and giving to charity this holiday season, experts say there’s a way to trim your 2022 tax bill while supporting your favorite cause. Despite economic uncertainty, the majority of American adults plan to donate similar amounts this year as …

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Biden grants PG&E $1 billion to keep Diablo Canyon nuclear plant open

Aerial view of the Diablo Canyon, the only operational nuclear plant left in California, due to be shutdown in 2024 despite safely producing nearly 15% of the state’s green electrical energy power, is viewed in these aerial photos taken on December 1, 2021, near Avila Beach, California. George Rose | …

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Avoid these ‘cringeworthy’ phrases that annoy your co-workers

You might think you sound more professional using corporate lingo, but chances are, you’re probably annoying or confusing your co-workers.  Sixty-three percent of working professionals find it “off-putting” when colleagues use workplace jargon in their communication, and 78% reported stopping themselves from talking or sending messages to avoid using jargon, …

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Disney’s decision to replace Chapek with Iger makes everyone look bad

Bob Iger Stephen Desaulniers | CNBC The Disney board’s decision to swap out Bob Chapek for Bob Iger as the company’s CEO may be the right one for the company’s future. But the process to get to this choice makes everyone involved look less than stellar. No sudden CEO change …

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Civil rights leaders condemn Musk decision to lift Trump Twitter ban

Trump advisor Steve Bannon (L) watches as President Donald Trump greets Elon Musk, SpaceX and Tesla CEO, before a policy and strategy forum with executives in the State Dining Room of the White House February 3, 2017 in Washington, DC. Brendan Smialowski | AFP | Getty Images Civil rights leaders …

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Disney board reached out to Iger on Friday following bad earnings report

Disney’s board reached out to Bob Iger on Friday, without any other serious candidates in mind to replace Bob Chapek as CEO, CNBC’s David Faber reported Monday, citing sources. The board’s outreach to Iger and discussion to replace Chapek came after surging concerns crested following Disney’s most recent quarterly earnings …

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