Sam Bankman-Fried will be sentenced in Manhattan on Thursday. The...
Sam Bankman-Fried will be sentenced in Manhattan on Thursday. The fallen crypto star convicted of fraud will find out just how long his stay in prison will be this week. Criminal sentencing guidelines call for the FTX co-founder to receive a sentence of 100 years, although prosecutors have called for a sentence of 40 to 50 years. SBF sees things much differently, and his lawyers have suggested 6.5 years is enough to ensure their client has learned his lesson after his more than 1 million victims lost more than $10 billion upon the collapse of FTX.
The FAA is looking at ways to curb growth at United Airlines, including limiting its ability to add new routes, following a series of mishaps.
Major League Baseball is investigating the betting scandal surrounding Dodgers superstar Shohei Ohtani and his longtime interpreter Ippei Mizuhara, who was fired amid allegations he stole $4.5 million from Ohtani to cover his gambling losses. Ohtani is expected to publicly address the controversy today.
The Mega Millions jackpot has reached $1.1 billion, which would make it the fifth-biggest prize in its history should someone win it Tuesday.
A Happy Gilmore sequel could be in the works. Christopher McDonald, who played Shooter McGavin, said Adam Sandler recently showed him a first draft of the script.
US natgas rig count falls to lowest since January 2022
U.S. energy firms this week cut the number of natural...
U.S. energy firms this week cut the number of natural gas rigs operating to the lowest level since January 2022, energy services firm Baker Hughes said in its closely followed report on Friday.
The combined oil and gas rig count, an early indicator of future output, fell by five to 624 in the week to March 22, putting the total rig count down 134, or 18%, below this time last year.
The number of oil rigs fell by one to 509 this week, while gas rigs decreased by four to 112, their lowest level since mid-January 2022.
Most of those gas rig cuts were in the Haynesville shale gas field in Louisiana, Texas, and Arkansas, which fell by four to 36 rigs this week, the lowest since October 2020.
Russia launches aerial attack on Ukrainian power sources
Russian forces targeted energy infrastructure across Ukraine Friday with...
Russian forces targeted energy infrastructure across Ukraine Friday with more than 150 missiles and drones, considered to be the largest strike of its kind since the war began two years ago. Ukraine said it was able to intercept 92 of the missiles and drones. At least five people were killed, 15 others wounded, and 1 million people left without power. See updates on the war here.
At least 60 killed in shooting at concert hall near Moscow
Several people reportedly burst into the Crocus City Hall, a large music...
Several people reportedly burst into the Crocus City Hall, a large music venue in a Moscow suburb, opening fire and causing explosions that set off a massive blaze Friday night. At least 100 people were rescued from the building's basement. Russian authorities reported at least 60 people were killed and over 100 wounded. The Islamic State group claimed responsibility for the attack.
Benchmark U.S. crude oil for May delivery fell 44 cents to $80.63 per barrel Friday. Brent crude for May delivery fell 35 centsto $85.43 per barrel.
Wholesale gasoline for April delivery rose 1 cent to $2.74 a gallon. April heating oilfell 2 cents to $2.65 a gallon. April natural gasfell 2 cents to $1.66 per 1,000 cubic feet.