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download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewSix months after layoffs at food technology company City Storage Systems, another round of cuts hit teams globally, per leaked audio obtained by Business Insider. More than 80 US employees were cut at Otter, the company's restaurant tech arm, said a source familiar with the people laid off. This story is available exclusively to Business Insider subscribers. In fall 2021, CEO Travis Kalanick raised $850 million for CSS from investors including Microsoft, at a $15 billion valuation.
Persons: , Guido Gabrielli, Otter, Travis Kalanick, Kalanick, Uber, Gabrielli Organizations: Service, Storage Systems, Business, CSS, Microsoft, BI Locations: Canada, Latin America
Much of Hicks’ testimony focused on her role on the Trump campaign in October 2016, just before Election Day. When cross-examining Hicks, Trump attorney Emil Bove elicited testimony that Trump was also concerned about what his wife would think. Video Ad Feedback Trump closed his eyes during Hope Hicks' testimony. There was a lot at play.”Hicks forwarded the email that included a transcript of the audio to several Trump campaign staffers including Kellyanne Conway. With Hicks’ testimony, prosecutors nudged closer to the repayment and the alleged charges.
Persons: Donald Trump’s, Hope Hicks, Hicks, Daniels, Michael Cohen, , , Trump, Matthew Colangelo, ” Hicks, Karen McDougal’s, Emil Bove, Kellyanne Conway, chuckling, Steve Bannon, Conway, Jared Kushner, Jason Miller, McDougal, Cohen, nudged, , Honig, CNN Hicks, Colangelo, Michael, ‘ Mr, ’ Michael Cohen Trump’s, Douglas Daus, Trump’s, Daus, DANY, Cohen ”, ” Daus, Prosecutors, Chris Conroy, Judge Juan Merchan, Manhattan DA Alvin Bragg, Daniel Dale, He’s, ” Merchan, ” Trump, Merchan Organizations: CNN, White House, Trump, Manhattan, Attorney’s Office, Trump White House, Trump Organization, Prosecutors, Wall Street, American Media, Inc, Wall, Washington Post, ” Prosecutors, House, New York Times, Trump “, Manhattan DA Locations: Washington, Manhattan, New York, Michigan
CNN —Former movie producer Harvey Weinstein is set to appear in a New York courtroom Wednesday in his first public appearance since an appeals court overturned his sex crimes conviction. The court’s ruling upended the case against Weinstein, whose downfall stood as a symbol of the success of the #MeToo movement. The appeals court ordered that Weinstein receive a new trial. Yet #MeToo has had mixed success in the courtroom, and this is the second high-profile case to be overturned on appeal. The comedian Bill Cosby was convicted in 2018 of drugging and sexually assaulting a woman, but a Pennsylvania appeals court overturned the conviction in 2021, saying his due process rights were violated.
Persons: Harvey Weinstein, Weinstein, , Emily Tuttle, Weinstein’s, MeToo, Bill Cosby, retry, Miriam “ Mimi ” Haley, ” Haley, , It’s, I’m Organizations: CNN, New, Manhattan, Attorney’s, Mohawk Correctional Facility, Prison, The New York Times, Yorker Locations: New York, Rome , New York, Bellevue, Los Angeles, Hollywood, Love, Pennsylvania
The Federal Trade Commission used two very different rationales to get to its near-total ban this week on noncompete agreements. The easy prong of the ban for the F.T.C. to justify is the one that applies to nurses, hairdressers, truck drivers — actually, every kind of worker except for senior executives. They typically have some power in the employment negotiation and know how to use it. Many won’t sign a noncompete agreement unless they get something in return, such as a sweetened pay package.
Persons: Organizations: Federal Trade Commission, Federal, The Times, Street, Food
The nation’s top student aid official is stepping down, the Education Department said Friday, after the disastrous rollout of a new financial aid form that upended the college admissions process for millions of students this year. Richard Cordray, who took over as the leader of the Federal Student Aid office in 2021, will hand over his duties in June, Education Secretary Miguel A. Cardona said in a statement. Mr. Cordray’s departure coincides with a fraught admissions season. College administrators, students and members of Congress across the political spectrum have rebuked the Education Department for mismanaging a redesign of the Free Application for Federal Student Aid form, throwing the usual college admissions process into disarray. In his role, Mr. Cordray also oversaw a variety of other programs, including many parts of the Biden administration’s sweeping vision of student debt relief for millions of borrowers through loan forgiveness and income-driven repayment plans.
Persons: Richard Cordray, Miguel A, Cardona, Cordray Organizations: Education Department, Federal, Aid, College, mismanaging, Biden
In the last few days, you may have noticed something new inside Meta’s apps, including Instagram, Messenger and WhatsApp: an artificially intelligent chatbot. This is Meta’s response to OpenAI’s ChatGPT, the chatbot that upended the tech industry in 2022, and similar bots including Google’s Gemini and Microsoft’s Bing AI. The Meta bot’s image generator also competes with A.I. Unlike other chatbots and image generators, Meta’s A.I. assistant is a free tool baked into apps that billions of people use every day, making it the most aggressive push yet from a big tech company to bring this flavor of artificial intelligence — known as generative A.I.
Persons: , OpenAI’s ChatGPT, Bing, A.I, Organizations: corgi, Meta Locations: New York, San Francisco
Read previewSavannah spent nine weeks and thousands of dollars planning her family's trip to Walt Disney World. AdvertisementMinnie Mouse at Walt Disney World. Disney's new disability policyThe bombshell: Disney announced earlier this month that it would revise its Disability Access Service policy. The Washington Post/Getty ImagesThe Disneyland and Disney World websites include information for individuals with disabilities across different categories, including mobility. However, the policy changes — scheduled to go into effect the first day of their Disney vacation — have upended everything.
Persons: , Minnie Mouse, Savannah —, Savannah, She's, Disney, there's, Bob Iger —, Joe Burbank, I've Organizations: Service, Savannah, Walt Disney, Disney, Business, Walt Disney World, Anadolu, Getty, Fox Business, The Washington Post, Disneyland, Washington Post, Services, Orlando Sentinel, Tribune, Getty Images Savannah, Universal Locations: Savannah, Indiana, California, Florida
Their friendship was tested in 2017 when then President Trump supported a blockade of Qatar led by Saudi Arabia and the United Arab Emirates. Before the Oct. 7 attack, the Saudis were in serious talks, led by the United States, to recognize Israel. 8 of 12 Israel has a major incentive to strengthen relations with Saudi Arabia. Saudi Arabia, for its part, would benefit from direct access to the Israeli military and technology sector. In March 2023, China brokered a breakthrough, re-establishing ties between two of the region’s heavyweights, Iran and Saudi Arabia.
Persons: Benjamin Netanyahu, brandished, Jake Sullivan, , frenemies, Israel, Netanyahu’s, Trump, Biden, Saudi Crown Prince Mohammed bin, Prince Mohammed, Bashar al, Assad, Saddam Hussein, Jordan —, hesitantly, Abraham Organizations: of Friends, General Assembly, U.S, America, Hamas, United, United Arab Emirates, Saudi Crown, Arab League, Saudi Arabia, Red Sea, Iranian, Abraham Accords, United Arab, Palestine Liberation Organization, West Bank, Palestinian Authority, The, Trump, Biden, Israel Defense Forces, United Nations, New York, Facebook Locations: India, Persian, Israel, Europe, Iran, United States, U.S, East, China, Russia, Ukraine, Syria, Yemen, Turkey Syria Lebanon Afghanistan Israel Iraq Iran Pakistan Egypt India Qatar Saudi Arabia Sudan Oman, Israel Yemen Turkey Syria Lebanon Afghanistan Israel Iraq Iran Pakistan Egypt India Qatar Saudi Arabia Arabian, Sudan, Sea Oman, Israel Yemen Ethiopia Turkey Syria Lebanon Afghanistan Israel Iraq Iran Pakistan Egypt India Qatar Saudi Arabia Arabian, Sudan Oman, Israel Yemen Ethiopia, Gaza, Qatar, Saudi Arabia, United Arab, Saudi, Tehran, Iraq, Assad, Lebanon, Lebanese, Egypt, Jordan, Bahrain, United Arab Emirates, Morocco, Fatah, Israeli, Turkey, America
Less than a year ago, CubicPV, which manufactures components for solar panels, announced that it had secured more than $100 million in financing to build a $1.4 billion factory in the United States. The company planned to produce silicon wafers, a critical part of the technology that allows solar panels to turn sunlight into electrical energy. But a surge of cheap solar panels from China upended that project. As CubicPV was gearing up to make wafers in the United States, prices of those components were dropping by 70 percent. The setback underscores the concerns rippling across the U.S. solar industry and within the Biden administration about whether President Biden’s industrial policy agenda can succeed.
Persons: CubicPV, Biden Locations: United States, Massachusetts, Texas, China
Read previewArtificial intelligence is redefining what it takes to be a software engineer on Wall Street. A typical software developer holds a computer science degree. Goldman Sachs' chief information officer, Marco Argenti, recently encouraged his daughter, a college student, to concentrate her education on philosophy if she wants to pursue a career in engineering. AdvertisementZafar said he's paying more attention to people with "a computer science degree and an English minor," or "a psychology major and a computer science minor." Advertisement"That software engineer might get replaced by a sort of prompt engineer," Vyas said.
Persons: , Goldman Sachs, Marco Argenti, Argenti, he's, it's, Citi's, Shadman Zafar, Zafar, Jensen Huang, Ken Griffin, Deepali Vyas, Korn, Vyas Organizations: Service, Wall, Business, Harvard, Amazon Web Services, Nvidia, World, Citadel Locations: Dubai
Oil prices spiked Friday to levels not seen since October in anticipation of just such an escalation but on Monday were subdued. “It is the most significant chokepoint in the global oil market,” Richard Bronze, co-founder and analyst at data firm Energy Aspects, told CNN. A renewed crackdown would, however, “create upward pressure on global prices” at an inopportune moment, Tagliapietra said. A tight oil marketDespite Iran’s barrage of drones and missiles, the conflict had a relatively muted impact on the global oil market Monday. Oil prices have already risen sharply since hitting a low in early February.
Persons: London CNN —, Brent, Israel —, Simone Tagliapietra, ” Richard Bronze, Tagliapietra, Joe Biden’s, WTI, Russia — Organizations: London CNN, West Texas Intermediate, CNN, International Energy Agency, Hamas, Organization of, Petroleum, United Arab Emirates, Traders Locations: Israel, Iran, Syria, Paris, Gaza, Tehran, Hormuz ‘, Hormuz, Brussels, China, Strait, Saudi Arabia, Kuwait, United States, Ukraine, Washington, Damascus, OPEC, Russia, Brazil, Guyana, Canada
Raymond James' CIO also explained why he still sees the Fed cutting interest rates three times in 2024. But according to Raymond James chief investment officer Larry Adam, inflation is set to reverse lower and the Fed is going to cut interest rates at least three times this year. AdvertisementIf the economy slows, then so should inflation, and it should give the Fed more confidence to begin cutting interest rates. Real-time inflation metrics show a sharp declineWhile official government metrics show stubbornly high rent and used vehicle prices, real-time measures show considerably lower prices. The point is: there should be plenty of disinflation in the pipeline as CPI converges with some of these more real-time metrics," Adam said.
Persons: Raymond James, Larry Adam, Adam Organizations: Reserve, Fed, Labor, ISM Manufacturing, ISM
NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. By the way, we're wrapping up voting for the championship matchup in our business, tech, and innovation bracket. In today's big story, we're looking at Amazon CEO Andy Jassy's letter to shareholders, which details the tech giant's plan in the age of generative AI . What's on deck:AdvertisementBut first, Amazon, AI, and a letter. The big storyAmazon in the AI ageMichael M. Santiago/Getty Images; Chelsea Jia Feng/BIThe generative AI revolution is coming, and Amazon wants in on the ground floor.
Persons: , We've, Andy Jassy's, Michael M, Chelsea Jia Feng, Andy Jassy, Ana Altchek, Jassy, that's, Andy Jassy Mike Blake, Eugene Kim, Jassy's, Phillip Faraone, Gregor Fischer, Noam Galai, Here's, it's, Morgan Stanley, Ben Bergman, Rebecca Zisser, Adam Neumann, Neumann, Samantha Lee, Bon Appétit, Dan DeFrancesco, Jordan Parker Erb, Hallam Bullock, George Glover Organizations: Business, Service, Amazon, Getty, AWS, Bridgewater Associates, Pfizer, Reuters, Prime, TechCrunch, Games, New York Times, Visual China, BI, JPMorgan Chase, Citigroup, Coachella Locations: Wells Fargo, New York, London
Google headquarters is seen in Mountain View, California, United States on May 15, 2023. Google will begin removing links to California news websites from search results for some Californians in response to a bill that would require online ad companies to pay a fee for connecting state residents to news sources. The recent developments have upended many online publishers that count on Facebook and Google for traffic and are particularly painful for publications that rely on advertising revenue. "If passed, CJPA may result in significant changes to the services we can offer Californians and the traffic we can provide to California publishers," Zaidi wrote. Supporters of the California bill say it will help news publishers receive a fair chunk of the ad profits reaped by tech juggernauts like Apple , Google and Meta.
Persons: Jaffer Zaidi, Zaidi Organizations: Google, California Journalism, Facebook, Meta, Google News, Apple Locations: View , California, United States, California, France, Germany, Spain, Australia, Canada, New Zealand
Nicholas Worley, founder of Inalife, with his three toddler sons at home in Hong Kong. Nicholas Worley | InalifeIt wasn't until he became a father that Nicholas Worley rekindled the idea of preserving memories of his loved ones and their legacies. The death of family members, a failed business partnership and the Covid-19 pandemic played a part in helping three millennials plunge into new businesses that help others memorialize relationships and preserve their family legacy. The company provides digital storage for photographs, video and audio clips of family members so the family can view them now or in the future. Nicholas Worley Founder of InalifeIn July last year, he finally launched Inalife, hoping to break even in about two years.
Persons: Nicholas Worley, Worley, granddad, Inalife Worley, he's, Haresh Tilani, Terence Chia, Tilani, Chia, It's Organizations: Inalife, Subscribers, University of Pennsylvania's Wharton School Locations: Hong Kong
Work is part of our identity here in a way that people from other countries find at turns fascinating and pathological. The bill would aim to ensure that people aren’t pinged with work emails, texts or calls outside their established work hours, with notable exceptions for emergencies or scheduling issues. If the boss intrudes on your non-work window three times, you can report them and the state could impose fines starting at $100. No one likes pausing Succession to respond to a 9pm request, but the guilt of ignoring it and wondering whether your boss will be mad at you is also, like, not fun. A historically tight labor market has given workers more leverage to negotiate their pay, hours and working conditions.
Persons: CNN Business ’, they’re, , Matt Haney, “ Workers shouldn’t, intrudes, Mike Solana, Ashley Herd, Herd, Haney, FDR, , there’s, she’s, ” Herd, , Jeanne Sahadi Organizations: CNN Business, New York CNN, Lawmakers, State Assembly, “ Workers, Nanny, Fund, Pew, Fair Labor, Act Locations: New York, France, California, Australia, Italy, Portugal, Belgium, “ california
Numerous hiccups in the rollout of the updated Free Application for Federal Student Aid have upended this year's financial aid award season. By now, most of the problems with submitting the form have been resolved, but getting the FAFSA information from the ED's Federal Student Aid office to colleges has introduced another slew of issues. "Continually taking two steps forward and one giant step back is not a sustainable pathway toward getting financial aid offers out to students and families." Outside of those erroneous forms being reprocessed, FSA said as of April, schools should start receiving students' financial information within one to three business days of the student submitting their FAFSA. Still, some students may feel the pressure to commit to a school before they've seen all the financial aid offers available to them or skip the FAFSA — and potentially college — process altogether.
Persons: Justin Draeger, they've Organizations: Federal, Education, National College, Aid, Internal Revenue Service, IRS, National Association of Student Financial
Reuters —Venezuela is battling a record number of wildfires, according to data released on Monday, as a climate change-driven drought plagues the Amazon rainforest region. An aerial view shows a burned forest after a forest fire in Henri Pittier National Park on March 30. Leonardo Fernandez Viloria/ReutersA Bolivarian National Police helicopter flies over during a wildfire in the Henri Pittier National Park on March 29. The fires are blanketing with smoke Guayana City, Venezuela’s largest urban center in the Amazon, according to a Reuters witness. In Venezuela, Lozada, firefighters and other experts said the government response was lacking.
Persons: Manoela Machado, ” Machado, , , Carlos Carruido Perez, Henri Pittier, Leonardo Fernandez Viloria, Henri, Jose Rafael Lozada, Michael Coe, Lozada, Juan Carlos Hernandez, ” Lozada, Oxford’s Machado, William Lopez Organizations: Reuters —, Satellites, University of Oxford, Henri, Reuters, Bolivarian National Police, NASA, Universidad de Los, Research, AFP, Getty, “ Firefighters Locations: Reuters — Venezuela, Venezuela, South America, Pacific, Brazil’s, Brazil, Henri, Uverito, Manhattan, Universidad de Los Andes, Merida, Brazil’s Roraima, Roraima, Naguanagua, Carabobo State
In today's big story, we're breaking down how to identify a meme stock . Three years after GameStop upended things, meme stocks are back in fashion. But how does one find a meme stock? (Trump Media doesn't technically qualify as a meme stock under Sosnick's criteria due to the amount of low short interest. Maintaining long-term support for a meme stock remains a tough nut to crack.
Persons: , Mark Zuckerberg, Satya Nadella, Jenny Chang, Rodriguez, There's, Steve Sosnick, Business Insider's Matthew Fox, David Becker, Chelsea Jia Feng, Donald Trump's, Trump, Bill Gross, BI's Peter Kafka, there's, it's, Pedro Ribeiro Simões, , Matt Chase, they're, OpenAI's Sam Altman, Sora, Meta, Tyler Le, Jack Canfield's, Jay Marine, Amazon's, Jeff Bezos, Antony Blinken, Emmanuel Macron, Dan DeFrancesco, Hallam Bullock, Grace Lett, Lisa Ryan Organizations: Business, Service, Getty, GameStop, Interactive, Business Insider's, Trump Media, Technology Group, AMC Entertainment, Big Tech, Hollywood, Facebook, NBA, FOX Locations: YOLO, hodlers, Silicon, Paris, Ukraine, Gaza, New York, London, Chicago
In the years before war and hunger upended daily life in Yemen, Mohammed Abdullah Yousef used to sit down after a long day of fasting during Ramadan to a rich spread of food. His family would dine on meat, falafel, beans, savory fried pastries and occasionally store-bought crème caramel. This year, the Islamic holy month looks different for Mr. Yousef, 52, a social studies teacher in the coastal city of Al Mukalla. But conflict, poverty and hunger have overtaken much of Yemen. As rapid inflation eats away at their spending power, middle-class Yemenis like Mr. Yousef have found themselves sliding into economic collapse.
Persons: Mohammed Abdullah Yousef, Yousef, Al Mukalla, , ” Mr, Ramadan Locations: Yemen, Al
download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Before I share how I survived my 15-hour flight, I have to let you in on my personal Q2 challenge: I'm determined to eat less ultra-processed foods. Now the city has reimagined itself as a tourist destination, with a waterpark, an artificial beach, and a golf course. According to one estimate, Americans actually have about four to six hours of leisure time every day. AdvertisementSee the full listMore of this week's top reads:The Insider Today team: Joi-Marie McKenzie, editor-in-chief, in New York.
Persons: , you'll, Let's, Greta Gerwig's, Barbie, Jenny Chang, Rodriguez, Marielle, Marielle Descalsota, Daniel Chaney, Alexa Campbell, Henry Ammann, Alyssa Powell, Beyoncé, Carter, Buckle, Tanner Adell, who's, Javier Zayas, there's, Tyler Le, Ewan McGregor's, Lisa Frankenstein, Zelda Williams, Robin Williams, Joi, Marie McKenzie, Jordan Parker Erb, Dan DeFrancesco, Lisa Ryan Organizations: Service, Business, Canberra Airport, Getty, Art Basel, BI, Visa, Mastercard —, Mastercard Forest City, Paramount, Netflix Locations: Hong Kong, Australia, Johor, Malaysia's Forest, Forest City, Texas, Moscow, New York
Former President Donald Trump and other defendants accused of illegally trying to interfere in the 2020 election in Georgia on Friday submitted a formal application to appeal a judge's ruling allowing Fulton County District Attorney Fani Willis to remain on the case. McAfee's ruling said Willis could continue her prosecution if Wade left the case, and the special prosecutor resigned hours later. Lawyers for Trump and other defendants then asked McAfee to allow them to appeal his ruling to the Georgia Court of Appeals, and he granted that request. The filing of an application with the appeals court is the next step in that process. The Court of Appeals now has 45 days to decide whether it will take up the matter.
Persons: Fani Willis, Donald Trump, Trump, Willis, Nathan Wade, Scott McAfee, McAfee's, Wade, McAfee, Wade upended, Democrat Joe Biden, Georgia's Organizations: Fulton County Government Center, Trump, of Appeals, Republican, Democrat Locations: Fulton County, Atlanta , Georgia, Georgia
CNN —Polish Prime Minister Donald Tusk has warned that Europe is in a “pre-war era” but still has a “long way to go” before its ready to confront the threat posed by Russia. We haven’t seen a situation like this since 1945,” Tusk said in an interview with German newspaper Die Welt published Friday. Russian President Vladimir Putin has repeatedly denied that Russia intends to attack NATO countries. German Chancellor Olaf Scholz, Polish Prime Minister Donald Tusk and French President Emmanuel Macron in Berlin, Germany, March 15, 2024. Obviously, he feels the need to justify the increasingly violent attacks on civilian sites in Ukraine,” Tusk said.
Persons: Donald Tusk, ” Tusk, , Vladimir Putin, Olaf Scholz, Emmanuel Macron, Odd Andersen, Tusk, , , Joe Biden, Donald Trump, doesn’t, Putin, “ Putin Organizations: CNN, Polish, Welt, NATO, European Union, Getty, Law, Justice Party, Poland, Crocus City Hall, Dubrovka, Chechen Locations: Europe, Russia, , , Ukraine, Russian, Sweden, Finland, Baltics, Estonia, Lithuania, Moldova, France, Germany, Poland, Polish, Berlin, Moscow, Crocus, Beslan
The plot revolves around a high school student – played by Michael O’Keefe – and his journey to obtain a college scholarship. ‘Happy Gilmore’Arguably one of the most famous sports films of all time, ‘Happy Gilmore’ is an all-time classic. The movie tells the story of the journey of Happy Gilmore – played by Adam Sandler – from failing ice hockey player to golf phenom after discovering his natural gifts on the course. Sandler's character in 'Happy Gilmore' battles to save his grandmother's house as well as adjusting to a new sport in golf. “With ‘Happy Gilmore,’ the funny thing is that there are so many non-golfers who would know what the ‘Happy Gilmore swing’ is or they’ve watched the film,” Boulden told CNN’s Living Golf in 2021.
Persons: , Michael O’Keefe –, Elihu Smails, Ted Knight, Al Czervik, Rodney Dangerfield, greenskeeper –, Bill Murray –, Chevy Chase, ‘ Caddyshack, , Kenny Loggins –, Woods, ‘ Happy Gilmore, Happy Gilmore –, Adam Sandler –, Gilmore, acclimatize, Happy Gilmore, Shooter McGavin, Sandler, Christopher McDonald, Amy Boulden, ” Boulden, it’s, they’ve, Boulden, Happy Gilmore ’, Kevin Costner, Rene Russo, , Costner’s Roy ‘, McAvoy –, Molly Griswold –, Russo –, Griswold, David Simms, Costner, Don Johnson, McAvoy, Eddie Pepperell, caddie, Romeo Posar, Cheech Marin, Posar, Maurice Flitcroft –, Mark Rylance –, Maurice Flitcroft, Mark Rylance, Catana Starks, Starks, Taraji P, Henson, Jason Kempin Organizations: CNN, Bushwood Country, Smails, ESPN, CNN Sport, European, Hollywood, BBC Films, British Film Institute, Tennessee State University, National Black College, Hall of Fame Locations: Texas, British
Sam Bankman-Fried, the founder of the FTX cryptocurrency exchange who was convicted of stealing billions of dollars from customers, was sentenced to 25 years in prison on Thursday, capping an extraordinary saga that upended the crypto industry and became a cautionary tale of greed and hubris. Mr. Bankman-Fried, 32, did not visibly react as Judge Lewis A. Kaplan handed down the sentence in Federal District Court in Manhattan. His parents, the law professors Joe Bankman and Barbara Fried, sat two rows from the front, staring at the floor. He knew it was criminal,” Judge Kaplan said of Mr. Bankman-Fried’s actions. Before the sentence was delivered, Mr. Bankman-Fried, cleanshaven and wearing a loosefitting brown jail uniform, apologized to FTX’s customers, investors and employees.
Persons: Sam Bankman, Bankman, Lewis A, Kaplan, Joe Bankman, Barbara Fried, ” Judge Kaplan Organizations: Court Locations: Manhattan
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