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Just weeks before crypto lender Genesis filed for bankruptcy, three former employees of the company claimed they had secured millions of dollars for a new crypto hedge fund, according to correspondence viewed by CNBC. Matt Ballensweig, who left Genesis in September after more than five years at the firm, sent a message to a prospective
Six further documents containing classification markings have been found at US President Joe Biden’s home in Delaware, his lawyer has said. Bob Bauer said the Justice Department conducted the search at Mr Biden‘s Wilmington residence on Friday, which he said lasted approximately 13 hours. In a statement, Mr Bauer said the Justice Department “took possession
Buckingham Palace has squashed any suggestions of a slimmed down coronation by announcing a three-day weekend of “ceremonial, celebratory and community events”. Taking place between Saturday 6 and Monday 8 May, King Charles has insisted the historic moment should be “rooted in longstanding traditions and pageantry” but also “look towards the future”. The King’s first
Sundar Pichai, CEO of Google Anindito Mukherjee | Bloomberg | Getty Images Google employees are scrambling for answers from leadership and from colleagues as the company undergoes a massive layoff. On Friday, Alphabet-owned Google announced it was cutting 12,000 employees, roughly 6% of the full-time workforce. While employees had been bracing for a potential layoff,
From an Iraqi-refugee who spoke no English to a multi-millionaire businessman and cabinet minister, Nadhim Zahawi’s story is one of the most compelling in Westminster. But questions about his financial affairs are now front and centre, having first gained prominence during the Stratford-on-Avon MP’s short-lived campaign to become prime minister last summer. The allegations centre
In this article TWTR Follow your favorite stocksCREATE FREE ACCOUNT Pedestrians outside Twitter headquarters in San Francisco on Oct. 6, 2022. David Paul | Bloomberg | Getty Images Twitter’s full-time headcount has dwindled to approximately 1,300 active, working employees, including fewer than 550 full-time engineers by title, according to internal records viewed by CNBC. Around
The environmental movement’s stance on nuclear power is “wrong” and derailed the sector’s development, according to the filmmaker Oliver Stone. During an interview with CNBC’s Tania Bryer at the World Economic Forum in Davos, Switzerland, Stone — who’s made a new documentary called “Nuclear Now” — was asked where his passion to tackle the climate