Binance and billionaire Changpeng Zhao are expected to plead guilty to money laundering violations as part of a settlement that would ease the intense cloud of legal scrutiny hovering over the world’s largest cryptocurrency exchange, a person familiar with the matter tells CNN.
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It’s ‘pathological’ for brands to advertise on Elon Musk’s X, Yale professor says
Brands are being “irresponsible” by continuing to advertise on Elon Musk’s X after the billionaire endorsed antisemitic views, according to Yale professor Jeffrey Sonnenfeld.
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Another top executive is being investigated by China’s corruption watchdog
Another business leader in China is being probed by the country’s anti-graft watchdog, in a sign of an ongoing crackdown in the world’s second largest economy.
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American Airlines’ flight attendants want to strike. But it won’t disrupt your holiday travels
American Airlines pilots voted to go on strike Monday. Southwest pilots are holding a strike vote as well. But none of those union members will be allowed to go on strike anytime soon — if at all — under the labor law that applies to airline workers.
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Lowe’s, Best Buy and Kohl’s predict weak holiday
Shoppers will be splurging less this holiday than in past years, major retailers say.
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Kim Kardashian is investing in the maker of truffle-infused condiments
Kim Kardashian’s private equity firm has announced its first investment: A company that makes truffle-infused sauces that sells for about $20 a bottle.
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Source: CNN Business