Top U.S. law firm Davis Polk announced in an internal email that it had rescinded letters of employment for three law students at Harvard and Columbia universities who it believed were tied to organizational statements…
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Business
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Rite Aid has announced it will close at least 154 stores as part of its bankruptcy process. The chain had 2,253 stores as of Sept. 3, and the U.S. Bankruptcy Court in New Jersey also…
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DEARBORN, Mich. — Ford Motor Executive Chair Bill Ford on Monday warned that an ongoing strike by the United Auto Workers threatens the future livelihood of the company as well as the American automotive industry. Ford, who…
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United Airlines will change its boarding order next week by letting economy-class passengers who have selected window seats to board before those with middle and aisle seats. The company said the change could shave two minutes…
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Top U.S. law firm Davis Polk announced in an internal email that it had rescinded letters of employment for three law students at Harvard and Columbia universities who signed on to organizational statements about Israel,…
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Rite Aid, the third-largest U.S. drugstore chain, filed for Chapter 11 bankruptcy protection Sunday, and it’s likely the company will close a big chunk of its 2,000 stores. One result is that people will have…
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DETROIT — The United Auto Workers union isn’t adding any factories to those that are now on strike, but its president says more walkouts could begin at any moment. Until this week the union had…
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Two of the people closest to Sam Bankman-Fried were asked the same question as they began their testimony this week: Did they commit financial crimes while they were working at FTX, the cryptocurrency exchange that…
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Prices at the pump remain on track to keep falling in the United States despite the Israel-Hamas war, according to energy industry analysts. After Hamas’ surprise attack over the weekend, global crude oil jumped to…
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Business
Caroline Ellison, star witness in Bankman-Fried trial, recounts living in ‘a constant state of dread’
Caroline Ellison, who led the digital currency hedge fund connected with Sam Bankman-Fried’s FTX, is continuing her testimony in his criminal trial Wednesday. Ellison, who is also Bankman-Fried’s ex-girlfriend, is considered the star witness in…