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FTX spokesman Kevin O'Leary says he lost his $15 million payday from crypto firm December 8, 2022
Kevin O'Leary made millions as an FTX spokesman, but he says he's lost it all after the bankruptcy of the crypto exchange.
FDA authorizes Covid omicron vaccines for children as young as 6 months old December 8, 2022
The FDA's decision to authorize the shots for the youngest kids comes as Covid infections and hospitalizations are increasing nationally.
UBS says PVH can rally more than 35% as Tommy Hilfiger parent transforms its business December 8, 2022
The firm has faith in the company's ability to execute its business transformation plan.
Jim Cramer's top 10 things to watch in the market Thursday December 8, 2022
U.S. stock futures point to a higher open after the S&P 500 dropped five sessions in a row.
Apple supplier Foxconn reportedly helped persuade China to loosen Covid rules December 8, 2022
Foxconn founder Terry Gou reportedly said China's zero-Covid policy threatened its position in global supply chains.
Russia's Ukraine onslaught shows zero signs of a winter lull as conflict rages December 8, 2022
Russia and Ukraine are sending out smoke signals that there is no time — and no desire — for a cessation of hostilities.
Here are Thursday's biggest analyst calls: Amazon, Chevron, Chipotle, Lowe's, Hershey, AT&T & more December 8, 2022
Here are the biggest calls on Wall Street on
Gasoline is cheaper now than it was this time last year — and is heading below $3 December 8, 2022
The price for a gallon of gasoline could fall below $3 for most Americans by the end of the month.
WNBA star Brittney Griner was freed from Russia in a prisoner swap for an arms dealer December 8, 2022
Griner was detained in February at Moscow’s Sheremetyevo Airport after Russian authorities said they found vape canisters with cannabis oil in her luggage.
Justice Department tells bankers to confess their misdeeds to cut better enforcement deals December 8, 2022
Banks, at the nexus of trillions of dollars of flows around the world daily, have a lengthy track record of legal and regulatory failures.
Europe’s energy grids face first major winter stress test as Arctic blast takes hold December 8, 2022
Temperatures across the Nordic countries and central and eastern Europe are also set to drop to close to or below freezing over the coming days.
New Peru president sworn in, predecessor Castillo arrested December 8, 2022
Vice President Dina Boluarte was sworn in after ousted leader Pedro Castillo was arrested following a last-ditch bid to cling to power by dissolving Congress.
Retail traders think stocks will bottom in 2023 — and they plan to load up on Big Tech December 8, 2022
A survey of over 2,000 retail investors found that over 80% think the worst of the stock market rout will be over within six months.
Tech layoffs in Southeast Asia mount as unprofitable startups seek to extend their runways December 8, 2022
Tech layoffs have been increasing in Southeast Asia as growth slows down. Existing investors are also pushing startups to extend their runways.
Manhattan renters face sticker shock with average rent at $5,200 December 8, 2022
Bank of America says 2 global chip stocks could rise by 75% on EV car sales December 8, 2022
The Wall Street bank said a shortage of semiconductors during a boom in electric vehicle sales could help raise profits at a handful of chip makers.
Wealthy Chinese increase spending while others cut back, survey finds December 8, 2022
More than a quarter of people with an annual household income above $49,286, said they increased spending this year, a McKinsey survey found.
Former Theranos COO Sunny Balwani sentenced to nearly 13 years in prison December 7, 2022
Sunny Balwani, the onetime COO and president of Theranos, was sentenced Wednesday in federal court on fraud charges, after Elizabeth Holmes was sentenced weeks ago.
Google, Oracle, Amazon and Microsoft awarded Pentagon cloud deal of up to $9 billion combined December 7, 2022
The award is particularly notable for Oracle, which isn't among the top tier of companies operating cloud infrastructure services large customers.
Federal judge dismisses crypto scam lawsuit against Kim Kardashian, Floyd Mayweather Jr. December 7, 2022
The dismissal comes after Kim Kardashian paid over $1 million in October to settle with the SEC over her promotion of EthereumMax.

Fortune

2022 Green Dot Bank Review: Pros and cons and product offerings December 8, 2022
Green Dot review: The bank offers 2% APY on high-yield savings but no checking, money market, and certificate of deposit accounts.
Mia Taylor
Harvard economist Jason Furman warns the U.S. economy could be headed for an ‘incomplete hard landing’. Here's what that means December 8, 2022
Furman says a "soft landing" isn't the most likely outcome for the U.S. economy. Rising wages are creating a nightmare for the Fed that will lead to something much worse.
Will Daniel
Thanks to detectorists, we know the world's most wanted pirate hid out in 1600s America before vanishing into the wind December 8, 2022
The murderous Henry Every was the target of the world's first international manhunt. Detectorists have figured out that he was on the lam in Rhode Island.
William J. Kole, The Associated Press
Hivemapper wants to be a crypto-powered Google Maps, but insider tokenomics and product delays could foil the $18M plan December 8, 2022
Will the company turn into the next Helium?
Leo Schwartz
Only one in 4 Americans is happy with the economy heading into the holidays, poll finds December 8, 2022
An unemployed IT professional told the AP that despite positive talk on the economy, “in the trenches, it definitely does not appear that it’s so accurate.”
Hannah Fingerhut, The Associated Press
Biden's Inflation Reduction Act is bringing an up to $5 billion electric battery plant to the Atlanta suburbs December 8, 2022
Hyundai and a South Korean battery maker are jointly investing in a new plant outside Atlanta to supply Hyundai and Kia EVs built in the U.S.
Jeff Amy, The Associated Press
The U.S. dollar will feature its first ever signature by a woman: Janet Yellen December 8, 2022
Treasury secretaries have signed the U.S. dollar for literally centuries. They've been all white men until now.
Fatima Hussein, Josh Boak, The Associated Press
Exxon has been getting ripped for inflation profiteering and it just gave workers a massive pay hike. Here's how it actually stacks up. December 8, 2022
It’s Exxon’s biggest salary award in 15 years.
Kevin Crowley, Bloomberg
The best passport in the world is from United Arab Emirates December 8, 2022
UAE passports provide greater global mobility than any other country in the world.
Chloe Berger
I am an expert on diversity in mainstream media. Here’s why leaving Twitter helps the racists December 8, 2022
I would rather endure a few hostile–and even possibly racist–tweets than lose my voice altogether, writes Marcus Ryder.
Marcus Ryder

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