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...Rohit Chopra, director of the Consumer Financial Protection Bureau, warned about the effects of large deals on competition and financial stability....
...the 87-year-old to a $5mn fine and three years of probation....
...“With the goal to become a serial acquirer, Tapestry seeks to acquire Capri to further entrench its stronghold in the fashion industry,” Henry Liu, director of the FTC’s competition bureau, said in a statement...
...The sentence handed down on Thursday by Judge Lewis Kaplan in Manhattan federal court caps the swift and dramatic downfall of a figure who was once one of the most prominent faces in the crypto industry....
...They had asked the judge to refrain from sentencing him to any prison time, while the government had asked the judge to impose the maximum 60 months....
...This is an audio transcript of the FT News Briefing podcast episode: ‘Sam Bankman-Fried gets 25 years in prison’ Sonja HutsonGood morning from the Financial Times....
...We’re always going to have to be kind of on the balls of our feet.” Wray said Volt Typhoon was just the tip of the iceberg and was one of many such efforts by the Chinese government....
...Joe Lewis, the British billionaire whose family owns Tottenham Hotspur football club, will avoid being sent to prison for insider trading, after a federal judge in Manhattan agreed on Thursday to sentence...
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...“This action is the first in an ongoing collaborative effort with the US Department of Justice, Federal Bureau of Investigation, and our international partners targeting LockBit,” the Treasury said....
...In October, the Federal Trade Commission proposed a rule to bar companies from showing consumers one price — for a concert ticket or hotel room, for example — only to inflate the final cost of the purchase...
...federal court, adding that Bankman-Fried showed a “lack of any real remorse”....
...A former UK Ministry of Defence employee has been sentenced to more than two years in prison after being convicted in a long-running Saudi bribery investigation....
...“Prisons are not the first thing most people think of when they think of Venice,” says the artist Mark Bradford, who represented the US at the 57th Biennale in 2017....
...Bankman-Fried “made so many public statements before [the trial] that the court believed demonstrated a total lack of the understanding of the seriousness of his crime”, said Rachel Maimin, a former federal...
...The Director of Public Prosecutions in Dublin has been reviewing a police file for several months on potential charges Kinahan could face....
...In the mid-2000s, the director Andrew Jarecki began work on a film called All Good Things....
...Market measures of inflation expectations have climbed recently following three consecutive months of stronger than expected data and jumped further following the Census Bureau release....
...The Bureau of Labor Statistics also said on Wednesday that core inflation, which excludes changes in food and energy costs, remained at 3.8 per cent....
...The moves came after figures from the Bureau of Labor Statistics showed that new applications for unemployment aid — a proxy for lay-offs — jumped to their highest level since January in the week to March...
...The Bureau of Land Management said on Friday it had finalised a rule that would raise royalty rates companies must pay the government as well as increase the minimum bond associated with the clean-up of...
...Powell said Friday’s Bureau of Economic Analysis report, combined with other recent data, showed that the path towards the 2 per cent target was “sometimes bumpy”....
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