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Ex-FTX exec was ‘horrified’ last year when he learned of $13 billion shortfall
NEW YORK — A former FTX executive and onetime billionaire testified against the cryptocurrency exchange’s founder, Sam Bankman-Fried, on Monday at his fraud trial, saying his admiration for him faded as he watched excessive spending on investments, property and celebrities precede a $13 billion shortfall that left him feeling “blindsided and horrified.” Nishad Singh, the former head of engineering at FTX, was part of Bankman-Fried’s…
Rite Aid seeks Chapter 11 bankruptcy protection as it deals with lawsuits and losses
Rite Aid has filed for bankruptcy protection and plans to sell part of its business as it attempts to restructure while dealing with losses and opioid-related lawsuits. The company said Rite Aid stores will continue to fill prescriptions, and customers will still be able to visit its locations or shop online while it goes through its voluntary Chapter 11 process. But that process also will…
Wisconsin Assembly approves $545 million in public dollars for Brewers stadium repairs
MADISON, Wis. — Wisconsin legislators edged closer Tuesday to passing a compromise plan to spend more than half-a-billion dollars in public money to help cover repairs at the Milwaukee Brewers stadium, pushing the proposal through the state Assembly and on to the Senate. The chamber voted 69-27 to approve the package. The Senate is expected to vote on the plan in November, but senators may…
Pepper X marks the spot as South Carolina pepper expert scorches his own Guinness Book heat record
FORT MILL, S.C. — Ed Currie, the South Carolina hot pepper expert who crossbred and grew the Carolina Reaper that’s hotter than most pepper sprays police use to subdue unruly criminals, has broken his own world record with a pepper that’s three times hotter. Pepper X was publicly named the hottest pepper in the world on Oct. 9 by the Guinness Book of World Records,…
China’s economic growth slows to 4.9% in the third quarter, amid muted demand and deflationary pressures
China’s economic growth slows to 4.9% in the third quarter, amid muted demand and deflationary pressures ByThe Associated Press October 17, 2023, 10:06 PM HONG KONG — China’s economic growth slows to 4.9% in the third quarter, amid muted demand and deflationary pressures. Top Stories ‘Nightmare’: Family of Hamas hostage reacts to video of her pleading for help Oct 17, 8:00 PM Trump fraud trial:…
Poland’s voters reject their right-wing government, but many challenges lie ahead
WARSAW, Poland — Poland’s voters delivered a clear verdict. After eight years of rule by a right-wing government, they have had enough. While the conservative ruling Law and Justice party won more votes than any other single party in a parliamentary election on Sunday, it lost its majority and will not hold enough seats to govern the country. Three opposition groups who waged an energetic…
China’s economy grows 4.9% in Q3, beating expectations but slowing from previous quarter
HONG KONG — China’s economy slowed in the summer as global demand for its exports faltered and the ailing property sector sank deeper into crisis, the government said Wednesday. The world’s second-largest economy expanded at a 4.9% annual pace in July-September, beating analysts’ forecasts of about 4.5%, official data show. But that was much slower than the 6.3% annual growth rate of the previous quarter….
China’s Xi promises more market openness and new investments for Belt and Road projects
BEIJING — Chinese President Xi Jinping promised foreign companies greater access to China’s huge market and more than $100 billion in new financing for other developing economies as he opened a forum Wednesday on his signature Belt and Road infrastructure initiative. Xi’s initiative has built power plants, roads, railroads and ports around the world and deepened China’s ties with Africa, Asia, Latin America and the…
Building Healthy Communication Channels with Your Child
Effective communication is the foundation of a strong parent-child relationship. It allows you to understand your child’s needs, concerns, and emotions, while also fostering trust and mutual respect. Building healthy communication channels with your child requires time, effort, and patience, but the rewards are invaluable. Here are some strategies to help you establish and maintain open and effective communication with your child: 1. Active Listening…