Saturday, August 12, 2023

Aug 12, 2023 - Sam Bankman-Fried Sent to Jail After Judge Revokes Bail

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TradeBriefs Editorial

From the Editor's Desk

How to Apologize to a Customer When Something Goes Wrong

A tired employee is updating shipping orders late at night at a textbook brokerage. They make a mistake in the code and accidentally ship outdated management textbooks to an important customer. Three days later, classes have begun, and with demanding course loads, the students already feel behind. Many are seeking immediate replacements. Cue the angry phone calls and emails.

Continued here


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Sam Bankman-Fried Sent to Jail After Judge Revokes Bail    
Sam Bankman-Fried Sent to Jail After Judge Revokes Bail
David Yaffe-Bellany covers cryptocurrencies and financial technology. He graduated from Yale University and previously reported in Texas, Ohio, Connecticut and Washington, D.C. More about David Yaffe-Bellany


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Yemen: UN removes 1m barrels of oil from ageing tanker to avert environmental catastrophe    
Yemen: UN removes 1m barrels of oil from ageing tanker to avert environmental catastrophe
Yemen’s ruinous civil war began in 2014 when the Houthis seized the capital of Sana’a and much of northern Yemen and forced the government into exile. A Saudi-led coalition, including the UAE, intervened the following year to try to restore the internationally recognised government to power.






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3-Year-Old Dies Riding One Of Abbott's Migrant Buses    
3-Year-Old Dies Riding One Of Abbott's Migrant Buses
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Long and the short of it: why knee-grazing jorts are big this summer    
Long and the short of it: why knee-grazing jorts are big this summer
“I wear them with a blazer and a dainty shoe to the office, which has a smart/casual dress code, but I like that I can also wear them with a T-shirt to the pub at the weekend. They’re so versatile, whereas shorter shorts are for holidays only.”




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Jason Momoa Has 5 Blunt Words For Tourists Considering A 'Vacation' Amid Maui Fires    
Jason Momoa Has 5 Blunt Words For Tourists Considering A 'Vacation' Amid Maui Fires
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Judge Puts FTX Founder Sam Bankman-Fried Behind Bars Ahead Of Trial    
Judge Puts FTX Founder Sam Bankman-Fried Behind Bars Ahead Of Trial
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The Latest Migrant Battleground: New York City Soccer Fields    
The Latest Migrant Battleground: New York City Soccer Fields
“If that means that some people miss a few practices for some period of time,” she said, “I think that’s a perfectly reasonable thing to give, if it means that a lot of people have somewhere to sleep.”


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This Is a ‘Bear Steepener’ Bond Market. Why Investors Should Be Concerned.    
This Is a ‘Bear Steepener’ Bond Market. Why Investors Should Be Concerned.
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com.




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Virgin Media customers threaten to not renew deals over email problems    
Virgin Media customers threaten to not renew deals over email problems
“Following an outage, we quickly restored email accounts so users could continue to send and receive emails as normal; however, a small proportion of individuals were unable to access historic emails. We have been in regular contact with these account holders throughout this issue to apologise and keep them updated on our work to fully restore their inbox, and this was completed last month. We apologise again for the inconvenience caused, for the time it took to fully resolve this, and to any customer who did not receive the help they needed.”


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Alabama Boat Co-Captain Describes Montgomery Brawl: I 'Just Held On For Dear Life'    
Alabama Boat Co-Captain Describes Montgomery Brawl: I 'Just Held On For Dear Life'
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Trump judge sets limits on what evidence he can publicly share in D.C. election case    
Trump judge sets limits on what evidence he can publicly share in D.C. election case
The proceeding in U.S. District Court in Washington, D.C., gave prosecutors and defense attorneys their first opportunity to argue before Chutkan, whom Trump has already attacked on social media.


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NextEra Offers a Smart Bet on Green Energy and a Rising Payout    
NextEra Offers a Smart Bet on Green Energy and a Rising Payout
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com.




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Russia-Ukraine war at a glance: what we know on day 535 of the invasion    
Russia-Ukraine war at a glance: what we know on day 535 of the invasion
Dmytro Kuleba, Ukraine’s foreign affairs minister, vowed that any Taurus cruise missile supplied to Kyiv would be used only within Ukrainian borders. This has been a point of contention between Kyiv and its western allies – Kyiv has been asking for Taurus missiles, which can travel more than 500km (300 miles), but nations such as Germany have balked at the request over concerns about the long range.


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NSW Liberal leader backs Indigenous voice saying rewards 'outweigh the risks'    
NSW Liberal leader backs Indigenous voice saying rewards 'outweigh the risks'
"The idea that Peter Dutton is going to advance this issue after he presided over a process in which he pretends that this is just arisen in recent times is quite frankly…disingenuous."




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Napa Winemaker Shares His Love And Passion For Chenin Blanc With Others    
Napa Winemaker Shares His Love And Passion For Chenin Blanc With Others
Once they’re introduced to it, they’re receptive to it. “We’ve found people have been very receptive to it,” he says. “Very few people leave the tasting room without buying it or raving about it.”


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What the Supreme Court’s Decision to Hear the Purdue Pharma Case Means    
What the Supreme Court’s Decision to Hear the Purdue Pharma Case Means
Jan Hoffman writes about behavioral health and health law. Her wide-ranging subjects include opioids, tribes, reproductive rights, adolescent mental health and vaccine hesitancy. More about Jan Hoffman




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Hawaii fires death toll rises to 67 - as it happened    
Hawaii fires death toll rises to 67 - as it happened
We keep hearing from certain elected officials and other people being quoted in the media, 'We had no idea, this is unprecedented.' But actually, those of us in the wildfire community, meaning our fire agencies, our forestry natural resource management community, we have long been working to increase our risk reduction efforts…


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Goldman Sachs CEO David Solomon is accused of 'blatant ignorance and disrespect' by students at his alma mater    
Goldman Sachs CEO David Solomon is accused of 'blatant ignorance and disrespect' by students at his alma mater
© 2023 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information | Ad Choices FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.S&P Index data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. Terms & Conditions. Powered and implemented by Interactive Data Managed Solutions.


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Garland Appoints Weiss as Special Counsel in Hunter Biden Inquiry    
Garland Appoints Weiss as Special Counsel in Hunter Biden Inquiry
Michael S. Schmidt is a Washington correspondent covering national security and federal investigations. He was part of two teams that won Pulitzer Prizes in 2018 — one for reporting on workplace sexual harassment and the other for coverage of President Trump and his campaign’s ties to Russia. More about Michael S. Schmidt


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At Asian Weddings, Cash Is King    
At Asian Weddings, Cash Is King
“If we lived in a perfectly closed community, everybody would know their positions and they would know how much to give, but the reality is that we’re always mobile,” she said. This is true whether a person is trying to put a figure on a wedding gift, sending condolences to a funeral (also a cash gift in many Asian countries) or trying to pick out a gift for a baby shower.


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The Stock Market Is Falling. Why It’s Time to Get Happy.     
The Stock Market Is Falling. Why It’s Time to Get Happy.
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com.


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'Like a ball of fire': Perseids meteor shower to peak this weekend    
'Like a ball of fire': Perseids meteor shower to peak this weekend
Green said heading outside to spot some Perseids was a summer tradition. "The relatively warm nights mean you can stay outside for longer to look up and enjoy the show. I plan to take a reclining chair into my garden and lie back and wait!"


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Three-year-old asylum seeker dies after being bussed from Texas to Chicago    
Three-year-old asylum seeker dies after being bussed from Texas to Chicago
Texas has bused more than 30,000 migrants to Democratic-controlled cities across the US since last year as part of Abbott’s sprawling border mission known as Operation Lone Star. Besides Chicago, buses have also been sent to Washington, New York, Philadelphia, Denver and Los Angeles.


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A real estate billionaire said Fridays are ‘dead forever’ for offices, and remote work guru Nick Bloom says he’s right—it’s part of a new 3-part week    
A real estate billionaire said Fridays are ‘dead forever’ for offices, and remote work guru Nick Bloom says he’s right—it’s part of a new 3-part week
© 2023 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information | Ad Choices FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.S&P Index data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. Terms & Conditions. Powered and implemented by Interactive Data Managed Solutions.


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Texas seems confused about whether a fetus has rights. It's arguing both sides in different legal cases    
Texas seems confused about whether a fetus has rights. It's arguing both sides in different legal cases
© 2023 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information | Ad Choices FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.S&P Index data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. Terms & Conditions. Powered and implemented by Interactive Data Managed Solutions.


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Hawaii’s Governor Orders a Review of Whether Warning Systems Worked Properly    
Hawaii’s Governor Orders a Review of Whether Warning Systems Worked Properly
Emily Cochrane is a national correspondent covering the American South, based in Nashville. She was previously a congressional correspondent in Washington, chronicling the annual debate over government funding and economic legislation. More about Emily Cochrane


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Old Style Returns To La Crosse, WI After 24 Years In Milwaukee    
Old Style Returns To La Crosse, WI After 24 Years In Milwaukee
“We are thrilled to finally bring Old Style home,” says Powers. “We’re eager to reconnect with the community that nurtured the origins of Old Style, and we hope these events will honor the deep history this beer has with the people and culture of La Crosse.”


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Alaska Airlines To Remove Check-In Kiosks, Add New Technology    
Alaska Airlines To Remove Check-In Kiosks, Add New Technology
Alaska Airlines was the first to introduce the kiosk over 20 years ago, and it seems they will be the first to remove them from their check-in process. Instead, expect to do most of the check-in process ahead of time on a personal smart device while getting baggage tags at a bag tag station and then dropping off luggage onto a belt after going through a scanning machine. However, if a traveler needs assistance or doesn’t have a smartphone, customer service agents will still be on hold to help.


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AMC Entertainment gets approval for revised investor settlement, preferred stock soars    
AMC Entertainment gets approval for revised investor settlement, preferred stock soars
Without the proposed settlement, common stockholders and preferred shareholders would end up owning 34.28% and 65.72% of AMC, respectively. Under the proposed settlement, common stockholders and preferred shareholders would own 37.15% and 62.85%, respectively.


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With an Array of Tactics, Conservatives Seek to Oust Progressive Prosecutors    
With an Array of Tactics, Conservatives Seek to Oust Progressive Prosecutors
J. David Goodman is the Houston bureau chief, covering Texas. He has written about government, criminal justice and the role of money in politics for The Times since 2012. More about J. David Goodman


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FEMA’s Support for Maui Will Likely Be Closely Watched    
FEMA’s Support for Maui Will Likely Be Closely Watched
Eileen Sullivan is a Washington correspondent covering the Department of Homeland Security. Previously, she worked at the Associated Press where she won a Pulitzer Prize for investigative reporting. More about Eileen Sullivan


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Hawaii’s Governor Orders a Review of Whether Warning Systems Worked Properly    
Hawaii’s Governor Orders a Review of Whether Warning Systems Worked Properly
Emily Cochrane is a national correspondent covering the American South, based in Nashville. She was previously a congressional correspondent in Washington, chronicling the annual debate over government funding and economic legislation. More about Emily Cochrane


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Coles and Woolworths say their profits are modest - but does that stack up?    
Coles and Woolworths say their profits are modest - but does that stack up?
So far, Australian supermarkets have avoided the type of scrutiny being applied by policymakers overseas, with the UK, France, New Zealand and Canada, using a combination of pricing probes, and threats of price controls, sanctions and divestments to put pressure on grocery prices.


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Dance off: Olympic breaking hopefuls set to battle for UK title    
Dance off: Olympic breaking hopefuls set to battle for UK title
Unusually for national championships, this weekend’s qualifying rounds are open to all comers over the age of 18; eight B-Boys and four B-Girls will win the right to battle against the same number of pre-invited competitors on the second day of competition for the national titles.


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Nvidia and other AI stocks are slumping. 'Amara's Law' explains why.    
Nvidia and other AI stocks are slumping. 'Amara's Law' explains why.
AI poster child Nvidia is scheduled to report quarterly results on Aug. 23. That could set the tone for AI stocks over the rest of 2023. As of last check on Aug. 11, Nvidia shares have slumped about 14% from their peak.


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Hawaii’s Governor Orders a Review of Whether Warning Systems Worked Properly    
Hawaii’s Governor Orders a Review of Whether Warning Systems Worked Properly
Emily Cochrane is a national correspondent covering the American South, based in Nashville. She was previously a congressional correspondent in Washington, chronicling the annual debate over government funding and economic legislation. More about Emily Cochrane




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