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Headphone Maker with Ties to Drake, T.I. Files Bankruptcy

Headphone maker Muzik Inc. filed for chapter 11 in California, listing a slew of potential high-profile equity holders that include musicians Drake and T.I. and NBA players Chris Paul and Bradley Beal

Crypto Goes on Trial, as Sam Bankman-Fried Faces His Reckoning

A year ago, Sam Bankman-Fried was a fixture on magazine covers and in the halls of Congress, a tousle-haired crypto billionaire who hobnobbed with movie stars and bankrolled political campaigns. On

Supreme Court Takes Up Case over Corporate Trend Disclosures

The U.S. Supreme Court on Friday agreed to consider whether shareholders can sue companies for fraud when they flout a rule requiring them to disclose trends expected to affect their bottom line in a

After Filing for Bankruptcy, Wichita Balloon Maker Searches for Investors to Remain Open

The lawyer for Wichita-based Pioneer Balloon Co. said employees and vendors will continue to be paid after the company appeared on Thursday in U.S. Bankruptcy Court for Kansas, the Wichita Business

Bankrupt Crypto Hedge Fund Co-Founder Su Zhu Arrested

Authorities arrested disgraced crypto hedge fund co-founder Su Zhu Friday, the latest detainment of a star from the crypto industry’s last bull cycle, YahooFinance.com reported. Singaporean

Severe Crash Is Coming for U.S. Office Properties, Investors Say

Office prices in the U.S. are due for a crash, and the commercial real estate market faces at least another nine months of declines, according to Bloomberg’s latest Markets Live Pulse survey. About

Biden Strengthens Rules to Keep Schools from Saddling Students with Unaffordable Debt

All schools of higher education will face stricter requirements for proving that certain certificate programs lead to better employment opportunities for graduates under a finalized federal rule

Fed Watchdog Says SVB Overseers Didn’t Keep Pace with Bank's Growth

The Federal Reserve’s Office of Inspector General said yesterday that the Federal Reserve Board and the Federal Reserve Bank of San Francisco failed to catch Silicon Valley Bank’s problems before its

Senator Warren: Supreme Court CFPB Case Threatens All Bank Regulators

A case due to come before the U.S. Supreme Court next week has the potential to expose every federal bank regulator to political inference while also jeopardizing Social Security and Medicare, U.S

Judge Rejects an 11th-Hour Bid to Free FTX Founder Sam Bankman-Fried During His Trial

A judge yesterday closed the door on FTX founder Sam Bankman-Fried’s hopes to be free during his trial, although he extended the hours that the cryptocurrency peddler can meet with his lawyers in a