A former Morgan Stanley financial adviser has been sentenced to more than seven years in prison after admitting he ran a $7 million Ponzi scheme at the firm for more than a decade. But even though the…
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Business
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With Lionel Messi slated to make his American soccer debut Friday, South Florida businesses are bracing for Messi Mania — and the possibility that the immediate economic impact of his arrival is more muted than…
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U.S. Transportation Secretary Pete Buttigieg said he is willing to take a hard line with airlines when necessary as the Biden administration vows a sweeping upgrade in passenger consumer protections. “We’re continuing to work to…
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Business
FTX lawyers accuse Sam Bankman-Fried of financing his criminal defense with $10 million in misappropriated funds
Sam Bankman-Fried, co-founder of failed crypto exchange FTX, was sued in Delaware bankruptcy court on Thursday by his ex-company’s lawyers, who accuse him and members of his leadership team of stealing hundreds of millions of dollars.…
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Streaming services now command a greater share of viewers than cable, data published by Nielsen show. That means apps like Netflix and other streaming platforms capture 38% of all television viewing, compared with 31% for…
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In-N-Out Burger is prohibiting employees in five Western U.S. states from wearing masks unless they receive a medical note from a doctor. The rules, which go into effect Aug. 14, apply to employees in Arizona,…
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Netflix is no longer offering its cheapest streaming plan without ads in the U.S. and the U.K., with the company aiming to push value-conscious consumers to sign up for its advertising-supported package. The Basic plan, which…
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U.S. regulators on Tuesday announced a nationwide crackdown to stop companies from inundating people with billions of unwanted and illegal robocalls and telemarketing calls. The crackdown, known as Operation Stop Scam Calls, involves the U.S.…
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Business
Passengers complain they can’t find flights with Frontier’s all-you-can-fly pass. Here’s how it actually works.
As someone who travels frequently, Denise Smith, a San Francisco Bay Area resident, was thrilled to learn this spring about Frontier Airlines’ GoWild all-you-can-fly pass. For a flat fee of $699, the GoWild pass allowed…
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Record-breaking heat and pockets of drought are baking farmland across the country, threatening crop yields and squeezing out any remaining wiggle room to cope with more extreme weather this summer. Throughout the Sun Belt, an…