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FTX files for court relief to pay vendors, begins review of assets - Vimarsana News

FTX files for court relief to pay vendors, begins review of assets

FTX filed Saturday morning for court relief in order to pay claims for its critical vendors. The cryptocurrency exchange is also beginning a review of its assets.

New FTX boss condemns Bankman-Fried for 'complete failure of corporate controls' - Vimarsana News

New FTX boss condemns Bankman-Fried for 'complete failure of corporate controls'

John Ray III, the new FTX CEO tasked with investigating the collapse of the crypto exchange, slammed the leadership of predecessor, Sam Bankman-Fried.

US drillers add oil and gas rigs for second week in a row: Baker Hughes - Vimarsana News

US drillers add oil and gas rigs for second week in a row: Baker Hughes

Even though the rig count increased during most months over the past two years, weekly increases have averaged zero since the start of the pandemic in March 2020.

California voters reject tax that would have funded electric vehicles - Vimarsana News

California voters reject tax that would have funded electric vehicles

California voters on Tuesday rejected a measure that proposed increasing taxes on wealthy residents to put more electric vehicles on the road

Midterm elections could bring higher taxes in some states: What voters need to know - Vimarsana News

Midterm elections could bring higher taxes in some states: What voters need to know

Several states are considering tax policy changes during this year's midterm elections, including tax-the-rich measures in Massachusetts and California.