Monthly Archives: December 2022

Spain rocked by wave of letter bombs, with the country’s prime minister among those targeted

Police officers near the Ukrainian embassy in Madrid, Spain, on Wednesday, November 30, 2022. AP Photo/Paul White Spain’s prime minister was targeted by a letter bomb, the interior ministry said on Thursday. The envelope and its contents were similar to those used in four other incidents, it said. One bomb exploded at the Ukrainian embassy…

Sam Bankman-Fried said that if he’d spent ‘an hour a day’ thinking about risk management FTX might not have collapsed

Jabin Botsford/Getty Images Sam Bankman-Fried said FTX might not have collapsed if he’d spent “an hour a day” assessing risks. “I wasn’t spending any time or effort trying to manage risk on FTX,” the crypto mogul told ABC News. Its new CEO has slammed the previous leadership’s “complete failure of corporate controls.” Sam Bankman-Fried said…

My wife and used to spend every penny, but making a plan for sudden job loss changed how we deal with money

Insider’s experts choose the best products and services to help make smart decisions with your money (here’s how). In some cases, we receive a commission from our our partners, however, our opinions are our own. Terms apply to offers listed on this page. Author Rob Phelan. Rob Phelan My partner and I have already planned…

A journalist who interviewed Sam Bankman-Fried about FTX’s collapse said it ‘felt like a therapy session’ for the crypto mogul

Sam Bankman-Fried founded the now-bankrupt crypto exchange FTX. Tom Williams/Getty Images A Good Morning America journalist said interviewing ex-FTX CEO Sam Bankman-Fried “felt like a therapy session.” “He just had a lot to get off his chest and clearly wanted to get through this,” George Stephanopoulos said. “There are a lot of things that are…

The exec behind Adidas’ partnership with Kanye West just released a biodegradable sneaker expected to be a ‘game changer’ for the industry

Unless Collective’s “Degenerate” sneaker, which biodegrades Courtesy Unless Collective Unless Collective, cofounded by Eric Liedtke, on Thursday unveiled its first sneaker. Like the startup’s apparel, the shoes are biodegradable and contain no plastic.  An analyst called the sneaker a “game changer” given the industry’s addiction to plastic. Athletic footwear is inherently tough on the environment….