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Prosecutors want Sam Bankman-Fried sent to jail after witness-tampering allegations. Judge issues gag order

A federal judge issued a gag order on former FTX CEO Sam Bankman-Fried, restricting his ability to speak publicly about his case, after US prosecutors asked a federal judge to jail him over allegations of witness-tampering.  
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The responsible investing boom is over. Can anything replace ESG?

Environmental, social and corporate governance, or ESG, investing is on a downward spiral.  
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The risks are rising for Western firms in Russia. So why are so many staying put?

When Russia launched its full-scale invasion of Ukraine in February 2022, a slew of Western companies left in protest. But some of the world’s biggest firms — including Nestlé, Heineken and snack maker Mondelez — stayed put.  
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UK bank CEO quits over closure of Brexit campaigner Nigel Farage's account

The CEO of one of the biggest banks in the United Kingdom has resigned after admitting she leaked details about the closure of Brexit campaigner Nigel Farage’s accounts to a BBC journalist.  
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Gap hires Mattel president to be its new CEO

The retailer announced Wednesday that Richard Dickson, currently Mattel’s president and chief operating officer, will assume the position. He’s been with the toymaker for a collective 20 years, most recently from 2014 until now, where he helped revitalize the Barbie brand.  
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Gasoline prices are spiking. That's a problem for Powell and the Fed

Prices at the gas pump are suddenly surging, causing headaches for consumers and central bankers alike.  
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Source: CNN Business