A crypto fund that raised $28M in late 2021 has gone bust, leaving investors empty-handed. The UK's Serious Fraud Office (SFO) has stepped in, arresting two men in connection with the collapse of Basis Markets. Raids were conducted in London and West Yorkshire, where digital devices and documents we
Johnson Matthey, a big name in the chemical industry, has some big changes happening at the top. Richard Pike, who was the finance chief, is now the new Chief Operating Officer. This means he will be in charge of making sure the company runs smoothly every day. At the same time, Alastair Judge, who
In today's fast-moving business world, companies are under the microscope like never before. Everyone from investors to regulators wants to see clear, honest, and smart money management. It's not just about following the rules anymore; it's about building a culture where responsibility and trust com
A prominent senator has raised serious concerns about JPMorgan Chase's handling of Jeffrey Epstein's financial activities. The senator's report suggests that the bank may have deliberately underreported over $1 billion in suspicious transactions linked to Epstein, a convicted sex offender. This over
Kevin Spacey, once a celebrated actor, now finds himself without a permanent home. The reason? The massive legal fees from defending himself against sexual assault allegations since 2017. He shared this with The Daily Telegraph, explaining how the costs have drained his finances. Spacey, known for
College sports, especially football, is a big money game. But where does all that cash go? Not to the students, that's for sure. Instead, it's spent on fancy facilities, huge coach salaries, and other things that don't help students learn. Take football, for example. The top schools make billions f
A Boston-based biotech company, Sensei Biotherapeutics, is going through some major changes. They have let go of most of their workers. This is not the first time they have done this. They did something similar last year. Now, they are thinking about selling the company. Sensei Biotherapeutics is f
SkySparc is making waves in Norway with the launch of its new office in Oslo. This isn't just about opening a new door; it's about strengthening ties and diving deeper into the Nordic market. The company, known for its digital transformation solutions, is now bringing its expertise closer to home fo
The AI wave is sweeping through US markets, bringing both opportunities and challenges. Investors are rushing to tech stocks, and companies are snapping up AI tech, often at high prices. This frenzy is pushing valuations to new heights, with investors focusing more on future potential than current p
Mattel, known for its toys, is diving into a new adventure: indoor water parks. This move comes after a tough financial quarter, where the company didn't meet Wall Street's expectations. But Mattel's CEO, Ynon Kreiz, sees a silver lining. He believes the company's brands still have strong consumer d
