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☆ Their partially sighted cat went missing on a flight. Weeks later they still don’t know what happened to it
▼ + stars: | 2024-04-17 | by ( Julia Buckley | ) edition.cnn.com time to read: +11 min

That’s what happened to Alyssa Kopp and her mother Mary Gomes Kopp when their cat Rodri went missing on a flight in Europe on March 8. ‘She was so grateful’Alyssa Kopp and her mother Mary Gomes Kopp rescue stray animals on Crete. Gomes Kopp and her husband, Alyssa’s stepfather, are German but have a home on the Greek island of Crete. They had been adopted by a German family, and Gomes Kopp had offered to bring them over. Gomes Kopp was allowed into an aircraft loading area one time, but has not been allowed back since.

Persons: CNN —, they’ve, Alyssa Kopp, Mary Gomes Kopp, Rodri, Gomes Kopp, Alyssa’s, ”, Kopp, “, it’d, ” Rodri, Alyssa, Alyssa Kopp Rodri, we’d, ” Kopp, –, ‘, Nicolas Economou, Goldair, ‘ Rodri, ’ Gomes Kopp, “ It’s Organizations: CNN, Aegean Airlines, Rodri, Airlines, Staff, Athens International, Iberia, Naia, Tenerife Locations: Europe, Aegean, Crete, It’s, Germany, Munich, Chania, Athens, –, “, Greece, Iberia, Spain, Madrid

☆ Ancient skeletons unearthed in France reveal Mafia-style killings
▼ + stars: | 2024-04-17 | by ( Issy Ronald | ) edition.cnn.com time to read: +4 min

Alain BeechingThe researchers also reviewed skeletons found at other archaeological sites across Europe and identified 20 other probable instances of similar sacrificial killings. The practice may have been relatively widespread in Neolithic, or late Stone Age, Europe, according to the study, published in the journal Science Advances last week. The study said the actual number was probably higher but there was insufficient information about skeletons at other archaeological sites to draw firm conclusions. The three skeletons were buried in a grave built in the style of a silo, where grain is typically stored, inside a wooden structure and surrounded by a trench. At the other sites across Europe, men and children as well as women were also found sacrificed in this way, the study said.

Persons: CNN —, Alain Beeching, ” Éric, Crubézy, ” Crubezy, Châteaux, “, Nicolas Senegas, Ameline Alcouffe Organizations: CNN, Italian Mafia, Paul Sabatier University, Saint Locations: France, Saint, Europe, Toulouse, South America

☆ U.S. Restores Oil Sanctions on Venezuela as Hopes Dim for Free Election
▼ + stars: | 2024-04-17 | by ( Genevieve Glatsky | ) www.nytimes.com time to read: 1 min

When the government of President Nicolás Maduro of Venezuela and his country’s opposition signed an agreement in October to work toward free and fair elections this year, it was seen as a glimmer of hope after years of authoritarian rule and economic free fall. The United States, as a sign of good will, temporarily lifted some of the economic sanctions that have crippled the country’s crucial oil industry. But six months later, the Maduro government has made several moves that have dimmed the chances of legitimate elections, and a frustrated Biden administration on Wednesday announced that it was letting the sanctions relief expire. The reinstatement of the penalties could carry significant consequences for the future of Venezuela’s democracy, for its economy and for migration in the region.

Persons: Nicolás Maduro, Biden Organizations: Wednesday Locations: Venezuela, United States

☆ Why America Should Not Give Up on Venezuela - The New York Times
▼ + stars: | 2024-04-17 | by ( Farah Stockman | ) www.nytimes.com time to read: +2 min

President Nicolás Maduro of Venezuela isn’t even pretending to play fair anymore. The Maduro regime has even refused to register the candidate that Ms. Machado deputized to run in her stead. The Biden administration essentially offered Mr. Maduro a deal: sanctions relief in exchange for freer and fairer elections. Had Mr. Maduro taken it seriously, Venezuela would have had a path out of its protracted political and economic crisis. But Mr. Maduro won’t risk losing to Ms. Machado.

Persons: Nicolás Maduro, Venezuela isn’t, María Corina Machado, Ms, Machado deputized, Biden, Maduro, Machado, haven’t, Trump Locations: Venezuela, Argentina, U.S, Poland, United States

☆ Mauricio Pochettino laments ‘sad situation’ after Chelsea players squabble over penalty during 6-0 win against Everton
▼ + stars: | 2024-04-16 | by ( George Ramsay | ) edition.cnn.com time to read: +3 min

CNN —Chelsea manager Mauricio Pochettino said it was a “sad situation” seeing his players squabble over who was going to take a penalty during an otherwise impressive 6-0 win against Everton. Nicolas Jackson and Noni Madueke both felt that they should have responsibility, as did Palmer, Chelsea’s regular penalty taker. The striker then calmly rolled the ball into the bottom-left corner to give Chelsea a 5-0 lead at Stamford Bridge. “And then if Palmer wants to give the ball to another he can, but not in this way. “Maybe it was a bit over the top, the argument and stuff, but everyone just wants to win [and] help, it’s nothing major.

Persons: Mauricio Pochettino, Cole Palmer, Nicolas Jackson, Noni, Palmer, Chelsea’s, Conor Gallagher, ” Pochettino, Glyn Kirk, “, It’s, ”, Everton –, Jordan Pickford, Pochettino, Justin Setterfield, Alfie Gilchrist, Victory, West Ham Organizations: CNN, Chelsea, Everton, Monday’s Premier League, Stamford, Sky Sports, Getty, Premier League’s, England, Premier League, Newcastle , Manchester United, Nottingham Forest, Manchester City, FA Locations: Madueke, AFP, Newcastle ,, West

☆ 32-year-old in Brooklyn brought in $400,000 last year selling cheese
▼ + stars: | 2024-04-15 | by ( Nicolas Vega | ) www.cnbc.com time to read: +2 min

As a little girl, Caroline Hesse would practice writing her name and get upset that it could be shortened to C. Hesse. "I didn't want to be the weird cheese girl." Twenty-five years later, Hesse proudly says she's grown from the "weird cheese girl" to the "the weird cheese woman." That's because the 32-year-old spends her days in a Brooklyn warehouse operating her very own cheese mongering business: C. Hesse Cheese. Hesse says she's not a traditional cheesemonger because she doesn't have a brick-and-mortar cheese shop.

Persons: Caroline Hesse, Hesse, she's, Hesse Cheese Organizations: CNBC Locations: Hesse, Brooklyn, New York City, Florida , Texas, New Mexico

☆ World leaders call for restraint in the aftermath of Iran’s unprecedented air attack against Israel
▼ + stars: | 2024-04-15 | by ( Sam Meredith | In Samuelmeredith | ) www.cnbc.com time to read: +7 min

Anadolu | Anadolu | Getty ImagesWorld leaders have called for calm in the aftermath of Iran's large-scale air attacks on Israel on Saturday, with many expressing deep concern over the prospect of a broader regional conflict. Ahead of a war cabinet meeting on Monday, Israel has pledged to "exact a price" from Iran in response to the Saturday attack. watch nowU.S. President Joe Biden on Saturday said that he condemned "in the strongest possible terms" Iran's unprecedented air attack against military facilities in Israel. 'No one wants to see more bloodshed'European leaders castigated Iran's attack against Israel and vowed to work to de-escalate the situation. France and the U.K. intercepted some of Iran's strikes on Israel on Saturday.

Persons: Israel, Joe Biden, Biden, Benjamin Netanyahu, Iran's, Emmanuel Macron, Rishi Sunak, Annalena Baerbock, Baerbock, Sunak, Yoko Kamikawa, Kamikawa, Gustavo Petro, Petro, Nicolas Maduro Organizations: Anadolu, Getty, CNBC, NBC News, Downing, German, NBC, Israel, Saudi Arabia's Foreign, United Nations Security Council, Sunday, UN, UNRWA, Kyodo, Japan's, United Nations, Colombia's, Bloomberg Locations: Israel, Tehran, Iran, Syria, Gaza, Syrian, Damascus, France, London, England, Germany, East, North Africa, Saudi, Egypt, Asia, China, Beijing, Palestine, Tokyo, Japan, South America, U.S, Miraflores, Caracas, Venezuela

☆ How climate change could be driving ‘killer’ cold outbreaks in oceans
▼ + stars: | 2024-04-15 | by ( Rachel Ramirez | ) edition.cnn.com time to read: +4 min

CNN —It’s not just ocean heat that’s affecting marine life – new research shows extremely cold events are welling up and causing mass mortalities. And the same planet-warming pollution that’s driving the climate crisis is likely to blame for these “killer events” on the other end of the temperature spectrum. The world’s oceans have been plagued by unprecedented heat over the past year, fueling concerns for marine life. “Climate change is actually really complex,” said Nicolas Lubitz, lead author of the study and a researcher at James Cook University in Queensland, Australia. He said seasonal upwelling events are common in that area, with water temperature dropping quickly.

Persons: CNN — It’s, ”, Nicolas Lubitz, “ It’s, Lubitz, “, Ajit Subramaniam, School’s Lamont, it’s, ” Subramaniam Organizations: CNN, welling, James Cook University, East Australian, Columbia Locations: Queensland, Australia, South Africa

☆ I tried the $600 massage gun used by top NBA players, elite athletes—and can't imagine going back to my old routine
▼ + stars: | 2024-04-13 | by ( Nicolas Vega | ) www.cnbc.com time to read: +4 min

Little by little, as I've progressed through my twenties and now stare 30 in the eye, I've picked up aches and pains along the way. But still, some things aren't quite the same as they used to be, especially when it comes to recovery. Experts agree: Percussive therapy worksPercussive massagers can regularly be seen being used by athletes on the sidelines of NBA games. His team employs percussive massagers from Hyperice to help elite athletes like Collin Sexton and Lauri Markkanen perform at the highest level. "You could spend from $100 to $300 on a massage, and that's one or two payments of buying a gun," he says.

Persons: I've, Therabody, —, Paul George, James Harden, Tyler Herro, Joe, Ezra Shaw, Wil Colón, NYU Langone, Colón, Erik Phillips, Collin Sexton, Lauri Markkanen, Phillips, There's Organizations: NBA, Getty, NYU, NBA's Utah Jazz, Utah Jazz Locations: Hyperice, Utah

☆ Eleanor Coppola, artist and matriarch of filmmaking dynasty, dead at 87
▼ + stars: | 2024-04-13 | by ( Dan Heching | ) edition.cnn.com time to read: +2 min

CNN —Eleanor Coppola, award-winning film documentarian, artist, writer and wife of Francis Ford Coppola, has died. Eleanor and Francis Ford Coppola were married for 61 years, with Eleanor accompanying her husband on many of his film shoots throughout his illustrious career. In addition to her pursuits in filmmaking, Eleanor Coppola was an accomplished artist and writer. Her children Roman Coppola (writer and producer on several Wes Anderson films) and Sofia Coppola (“The Virgin Suicides,” “Lost in Translation”) are both successful filmmakers. Shortly before her death, Eleanor Coppola completed her third book, a memoir.

Persons: Eleanor Coppola, documentarian, Francis Ford Coppola, Francis Ford, Nesma Youssef, Eleanor, Francis Ford Coppola’s, Youssef, Sofia Coppola’s, Marie Antoinette, ”, Roman Coppola, Sofia Coppola, Ron Galella, Diane Lane, “, Wes Anderson, Nicolas Cage, Talia Shire, Jason Schwartzman, Coppola Organizations: CNN, America, Tribeca Film, Deauville American Film Locations: Rutherford , California, Beverly Hills , California, France, Hollywood

☆ Global airlines are governed by strict 'freedoms of the air' dating back 80 years. They've created some funky routes.
▼ + stars: | 2024-04-12 | by ( Taylor Rains | ) www.businessinsider.com time to read: +8 min

Global airlines are governed by nine "freedoms of the air," drafted 80 years ago in 1944. The fifth freedom can give airlines a competitive edge and help capitalize on demand. "Five Freedom Agreements"Qantas flies a Boeing 787 on its fifth freedom route between Sydney and New York. Seventh FreedomThe seventh freedom is similar to the fifth freedom but takes out the limitation of where the route must start or end. Ninth FreedomAdvertisementThis cabotage freedom allows an airline of one nation to fly between two points in a separate single country.

Persons: —, Vytautas Kielaitis, Taylor Rains, Toshi, Nicolas Economou Organizations: Service, International Civil Aviation Organization, United Nations, Chicago Convention, ICAO, Chicago, European Union, Singapore Airlines, Airbus, Qantas, Google Flights, United Airlines, FAA, Emirates, Latam Airlines, Atlantic . Emirates, luxe, Forbes, Air Senegal, Boeing, Ryanair, Getty, Nice Locations: New York, Singapore, Frankfurt, Germany, Emirates, JFK, Milan, Newark, Athens, Dubai, Australian, Sydney, Auckland , New Zealand, Cebu, Philippines, Tokyo, —, Mexico City, Barcelona, Santiago, Chile, Auckland, Amsterdam, Buenos Aires, Los Angeles, Australia, Dakar, Baltimore, Ireland, Rome, Vilnius, Lithuania, Paris

☆ 'Reacher' star Alan Ritchson lived 'behind a grocery store in my truck' well before finding success
▼ + stars: | 2024-04-10 | by ( Nicolas Vega | ) www.cnbc.com time to read: +2 min

Alan Ritchson is one of the most in-demand actors in Hollywood, but his journey to the A-List has been anything but easy. He took the money he earned working odd jobs and bought himself a "crappy" used Toyota truck. "I went and lived behind a grocery store in my truck. Sign up for CNBC's new online course How to Earn Passive Income Online to learn about common passive income streams, tips to get started and real-life success stories. Plus, sign up for CNBC Make It's newsletter to get tips and tricks for success at work, with money and in life.

Persons: Alan Ritchson, Guy Ritchie, Ritchson, He'd, I'd Organizations: Hollywood, Northwest Florida State College, CNBC Locations: Hollywood, Northwest

☆ Teachers are using AI to grade essays. Students are using AI to write them
▼ + stars: | 2024-04-06 | by ( Samantha Murphy Kelly | ) edition.cnn.com time to read: +8 min

A report by strategy consultant firm Tyton Partners, sponsored by plagiarism detection platform Turnitin, found half of college students used AI tools in Fall 2023. The practice of using AI for writing feedback or grading assignments also raises ethical considerations. But teachers should then grade students’ work themselves when looking for novelty, creativity and depth of insight. “Using feedback that is not truly from me seems like it is shortchanging that relationship a little,” she said. She also sees uploading a student’s work to ChatGPT as a “huge ethical consideration” and potentially a breach of their intellectual property.

Persons: Diane Gayeski, “, ”, Gayeski, —, They’re, it’s, Dorothy Leidner, Leidner, Leslie Layne, Leslie Layne Leslie Layne, ChatGPT, OpenAI, Alan Reid, Layne, ” Nicolas Frank Organizations: CNN, Ithaca College, Tyton Partners, Microsoft, University of Virginia, University of Lynchburg, Houghton Mifflin Harcourt, Center for Research, Reform, Education, Johns Hopkins University Locations: Virginia, foolproof

☆ Where to get your free solar eclipse glasses: Warby Parker, the public library and more
▼ + stars: | 2024-04-05 | by ( Nicolas Vega | ) www.cnbc.com time to read: +2 min

Here's where to get your free glasses before Monday's eclipse. Your local public libraryLibraries across the nation are distributing glasses for free. Warby Parker is distributing glasses free of charge at all of its retail locations. Sonic and Smoothie KingChain restaurants Sonic and Smoothie King are offering free eclipse glasses with a purchase. Make your ownIf there's nowhere near you to get free glasses, it's simple enough to make your own.

Persons: Warby Parker Organizations: American Astronomical Society, Star, New York, Empire, Welcome Centers, NASA, CNBC Locations: Texas , Ohio, New York

☆ Airline pilots at Delta, American, and United can make more than $500k a year — here's how their pay compares
▼ + stars: | 2024-04-05 | by ( Taylor Rains | ) www.businessinsider.com time to read: +7 min

Recent pay raises have made commercial airline pilots some of the highest-paid workers in the US. The 3 major airlines, American, Delta, and United, all offer similar base pay for captains of up to $447 per hour. AdvertisementCommercial airline pilots have become some of the highest-paid workers in the US thanks to a suite of post-pandemic pay raises. Airline pilots at Delta and United have gotten heft profit-sharing in recent years. These hours pay the same rate and have guaranteed minimums of 70-75 hours, depending on the airline, according to the Air Line Pilots Association.

Persons: —, Tim Boyle, ALPA, Nicolas Economou, widebodies, Boeing narrowbodies Organizations: Service, American Airlines, Delta Air Lines, United Airlines, Bureau of Labor Statistics, Delta, Airbus, Boeing, Veterans, American, United, Airline, Getty, Air Line Pilots Association, BI, Delta Air Lines Delta Airlines Airbus, United Airlines Boeing Locations: Europe, Americas, South Africa, Japan, Australia, widebodies

☆ Airline pilots at Delta, American, and United can make more than $500K a year — here's how their pay compares
▼ + stars: | 2024-04-05 | by ( Taylor Rains | ) www.businessinsider.com time to read: +7 min

Three major airlines, American, Delta, and United, offer similar captain base pay of up to $447 an hour. AdvertisementCommercial-airline pilots have become some of the highest-paid workers in the US thanks to a suite of post-pandemic pay raises. These pilots earn hundreds of dollars for every hour of flight time, with pay increasing with every year of seniority. These hours pay the same rate and have guaranteed minimums of 70 to 75 hours, depending on the airline, according to the Air Line Pilots Association. Related storiesHere's a breakdown of the base pay pilots at American, Delta, and United earn per hour of payable time, according to contracts sent to Business Insider from the airline or its union.

Persons: —, Tim Boyle, ALPA, Nicolas Economou Organizations: United, Service, American Airlines, Delta Air Lines, United Airlines, Bureau of Labor Statistics, Delta, Airbus, Boeing, Veterans, American, Airline, Getty, Air Line Pilots Association, Business, Delta Air Lines Delta Airlines Airbus, United Airlines Boeing Locations: Europe, Americas, South Africa, Japan, Australia

☆ Will Beyoncé announce the Cowboy Carter' tour? Fans think she may be hitting the road again soon.
▼ + stars: | 2024-04-04 | by ( Callie Ahlgrim | ) www.businessinsider.com time to read: +4 min

The Renaissance World Tour wrapped last October in Kansas City. So it would stand to reason — financially and thematically — that Beyoncé would plan another tour leg for "Cowboy Carter." He celebrated the release of "Cowboy Carter" on X, writing, "This tour bout to B' Incredible!" pic.twitter.com/KNHQOuqFI9 — COWBOY CARTER TOUR (@CowboyCarterWT) March 31, 2024However, the six-month turnaround since Beyoncé's last concert does cast suspicion on these theories. Thanks to "Renaissance: A Film by Beyoncé," we know the Renaissance World Tour took four years to ideate and execute.

Persons: Beyoncé, Carter, —, Cowboy Carter, Tina Knowles, Lawson, Instagram, Knowles, KNHQOuqFI9, CARTER, she's, Gtg7f2jvSG — Antoinette “, ” Childs, @Beyonce, …, GPhRrW1GiF — Nicolas Organizations: Service, Texas Locations: Kansas City, @TheFancyFriend

☆ What Lewis Hamilton learned about retirement from Michael Jordan and Serena Williams
▼ + stars: | 2024-04-03 | by ( Nicolas Vega | ) www.cnbc.com time to read: +2 min

Formula 1 superstar Lewis Hamilton is determined to be prepared for life after the cockpit. In an interview with GQ Magazine published this week, the 39-year-old said he has spoken to athletes ranging from Serena Williams to Michael Jordan about how they approached the ends of their careers. 'My whole world came crashing down because my whole life has been about that sport,'" he told the magazine. Hamilton said he's learned that preparation, or the lack thereof, is a major factor in how an athlete's retirement goes. Plus, sign up for CNBC Make It's newsletter to get tips and tricks for success at work, with money and in life.

Persons: Lewis Hamilton, Serena Williams, Michael Jordan, Hamilton, he's, Brad Pitt, Joseph Kosinski, you'll Organizations: GQ, CNBC, Ferrari

☆ Argentina and Colombia move to mend ties after Milei calls Petro a ‘terrorist murderer’ in CNN interview
▼ + stars: | 2024-04-01 | by ( Marlon Sorto | Heather Chen | ) edition.cnn.com time to read: +2 min

CNN —Argentina and Colombia say they have taken “concrete steps” to improve frayed relations between the two countries after far-right Argentine leader Javier Milei called his left-wing Colombian counterpart a “terrorist murderer” in a CNN interview. In a joint statement Sunday, the two nations’ foreign ministries said they had held talks under orders from Milei and Colombian President Gustavo Petro. The measures include the return of both countries’ respective ambassadors after Colombia last week expelled all Argentine diplomats from Bogota following Milei’s comments to CNN. “You can’t expect much from someone who was a terrorist murderer,” Milei said in the interview of Petro, a former guerilla who became Colombia’s first left-wing president in 2022. Colombia recalled its ambassador to Argentina in January following similar comments from Milei, Reuters reported.

Persons: Javier Milei, ”, Gustavo Petro, “, ” Milei, Petro, Colombia’s, Milei, Andrés Manuel López Obrador, ” López Obrador, López Obrador, Argentinians “, Nicolás Maduro Organizations: CNN —, Colombian, CNN, Reuters, Venezuela’s, Español Locations: CNN — Argentina, Colombia, Argentine, Milei, Bogota, Argentina, Venezuela, Caracas, Buenos Aires, Nazi

☆ How an activist started a chocolate company that's bringing in $162 million a year
▼ + stars: | 2024-03-30 | by ( Nicolas Vega | ) www.cnbc.com time to read: +2 min

If Tony's Chocolonely founder Teun van de Keuken had his way, he would've ended up behind bars long before he created his popular chocolate company. Fueling slavery by knowingly purchasing a chocolate bar made with illegal child labor. Nearly 20 years later Tony's Chocolonely is not only one of the most popular chocolate brands in van de Keuken's native Netherlands, it is known around the world. "[We've shown] you can be a successful chocolate company doing it the right way, in an ethical way." For the full story of how Tony's Chocolonely went from a stunt to a global brand, check out CNBC Make It's video.

Persons: Tony's, Teun van de Keuken, would've, van de Keuken, We've, Douglas Lamont, Tony's Chocolonely Organizations: Target, Walmart, CNBC Locations: Dutch, van de, Netherlands

☆ Apple's bad quarter and what history says will happen next
▼ + stars: | 2024-03-28 | by ( Alex Harring | ) www.cnbc.com time to read: +4 min

Apple is wrapping up a rough quarter, but history and Wall Street analysis show there is reason to expect a bounce ahead. Apple shares have typically risen following a quarter that ends down at least 10%, according to CNBC Pro data. 'Best bought on weakness' Despite the tough period, Wall Street sees reason for optimism ahead. Apple "is a stock best bought on weakness in general as they probably have the best, or one of the best management teams in the world," Mahoney said. In the median quarter following the losing one, shares jumped more than 14%.

Persons: jitters, Ken Mahoney, Apple, Mahoney, Ben Reitzes, Reitzes, Nicolas Cote, Colisson, Fred Imbert Organizations: Nasdaq, Apple, CNBC Pro, U.S . Department of Justice, Research, Vision, Mahoney Asset, Justice Department, HSBC Locations: China, C1H24

watch nowFTX founder Sam Bankman-Fried was sentenced to 25 years in prison on Thursday for the massive fraud and conspiracy that doomed his cryptocurrency exchange and a related hedge fund, Alameda Research. FTX founder Sam Bankman-Fried leaves the U.S. courthouse in New York City on July 26, 2023. Instead, "He's an awkward math nerd" with a "tireless work ethic," said the lawyer, who also compared the FTX founder to "a beautiful puzzle." In this courtroom sketch, FTX founder Sam Bankman-Fried attends his sentencing hearing at federal court in New York City on March 28, 2024. Barbara Fried and Allan Joseph Bankman, parents of FTX co-founder Sam Bankman-Fried, arrive at court in New York on March 28, 2024.

Persons: Sam Bankman, Fried, Lewis Kaplan, Kaplan, FTX, District Judge Lewis Kaplan, Jane Rosenberg, Bankman, convicting, Prosecutors, Amr Alfiky, It's, Marc Mukasey, Torrey Young, Nicolas Roos, scoffed, Roos, Mukasey, Sam, Sunil Kavuri, Damian Williams, Samuel Bankman, " Williams, General Merrick Garland, Joseph Bankman, Barbara Fried, Allan Joseph Bankman, Yuki Iwamura, Caroline Ellison, Nishad Singh, Gary Wang Organizations: Alameda Research, ., U.S, District, Reuters, Republicans, Manhattan U.S, Stanford Law, Bloomberg, Getty, Bankman Locations: Manhattan, New York City, U.S, FTX, Kavuri, New York

☆ Sam Bankman-Fried appeared to wipe away tears during sentencing while his dad held his head in his hands and his mom stared out the window
▼ + stars: | 2024-03-28 | by ( Katie Balevic | Jacob Shamsian | ) www.businessinsider.com time to read: +3 min

Sam Bankman-Fried, former CEO of FTX, was sentenced to 25 years in prison on Thursday. US District Judge Lewis Kaplan said Bankman-Fried didn't express remorse for his crimes. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . Speaking before the court, Bankman-Fried apologized for the pain caused to customers, maintaining that they could all be repaid in full. Prior to handing down the 25-year sentence, Kaplan called Bankman-Fried a "mathematical wizard," saying he essentially ran a cost-benefit analysis of getting caught versus getting away with fraud.

Persons: Sam Bankman, Lewis Kaplan, Bankman, —, Fried, Joseph Bankman, Barbara Fried, Elizabeth Williams, Marc Mukasey, Nicolas Roos, villainizing, Roos, Kaplan Organizations: Service, AP Locations: Manhattan

☆ Judge thrashes Sam Bankman-Fried for claiming FTX customers didn't lose any money before handing down 25-year sentence
▼ + stars: | 2024-03-28 | by ( Jacob Shamsian | ) www.businessinsider.com time to read: +7 min

Sam Bankman-Fried's lawyers claimed that FTX customers had "zero" losses when the exchange collapsed. Had Bankman-Fried held onto the company — and if Ray had listened to his advice rather than spurn him — FTX customers could have gotten their money back quickly, he claimed. In a recent proposal to be approved by the bankruptcy judge, credit would be determined by the value of each customer's assets at the time that FTX filed for bankruptcy. US District Judge Lewis Kaplan and Sam Bankman-Fried. AdvertisementKaplan said that, in any case, Bankman-Fried couldn't be credited for the bankruptcy debtors' work to get FTX customers their money back.

Persons: Sam Bankman, —, Lewis Kaplan, Bankman, Fried, Kaplan, John J, Ray III, Ray, FTX, Ray —, bitcoin, Jane Rosenberg Prosecutors, Nicolas Roos, Fried perjured Organizations: Service, Alameda Research, Alameda, —, Enron, Residential Capital, REUTERS, FTX Locations: Manhattan, FTX, Las Vegas, Delaware

MIAMI GARDENS, Fla. (AP) — Australian Open champion Jannik Sinner won his 20th match of 2024 to reach the Miami Open semifinals for the third time in the past four years with a 6-4, 6-2 victory over Tomas Machac on Wednesday. “It was a really tough match, but I was happy about the performance,” Sinner said. Sinner, 22, said Machac served well early on and his aggressiveness kept things close for a while. But Sinner continued his fabulous run, breaking his opponent's serve four times, to move on to the next round. 23 seed Caroline Garcia 6-3, 6-2 to reach the Miami semifinals for the first time since she did it as a qualifier six years ago.

Persons: Jannik Sinner, Tomas Machac, Daniil Medvedev, Nicolas Jarry, Sinner, ” Sinner, Machac, “, ”, Danielle Collins, Caroline Garcia, Garcia, Naomi Osaki, Coco Gauff, Collins, Caro, Jessica Pegula, Ekaterina Alexandrova, ___ Organizations: Miami, Grand Slam Locations: MIAMI, Fla

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