Business

ABC News (NEW YORK) — Sam Bankman-Fried’s bond guarantors should be named publicly, a federal judge ruled Monday after news organizations objected to the names being redacted. Bankman-Fried was released on a $250 million personal recognizance bond co-signed by his parents and two other non-parental sureties. The judge agreed with news organizations who argued the […]

RapidEye/Getty Images (NEW YORK) — Johnson & Johnson cannot use bankruptcy court to resolve civil lawsuits that claim its iconic baby powder caused cancer, a federal appeals court ruled Monday. The opinion foiled Johnson & Johnson’s plan to shift onto a new entity, LTL Management LLC, some 38,000 lawsuits that alleged the talc in Johnson’s […]

Marko Geber/Getty Images (NEW YORK) — The term “quiet quitting” went viral last year, describing people who stay in their jobs but mentally take a step back — for example, working the bare minimum and not making their job the center of their lives. Now in 2023, there is a new workplace trend on the […]

dowell/Getty Images (NEW YORK) — Layoffs have battered the tech industry in 2023, carrying over a series of job cuts that began last year. In all, about 50,000 people have lost their positions this month. Tech giants such as Google, Microsoft and Amazon have led the sector in the size of their cuts. While a […]

Alex Wong/Getty Images (WASHINGTON) — When President Joe Biden signed the $369 billion Inflation Reduction Act in August, supporters hailed the measure as the largest climate investment in the nation’s history — but questions remained about what the spending would ultimately achieve. The majority of the funding took the form of tax credits meant to […]