FTX founder issues public apology as company nears collapse

New York CNN Business — In less than a week, a 30-year-old entrepreneur once hailed as a modern-day JP Morgan saw his digital empire, including billions of his own fortune, evaporate in a deathly spiral that shook the foundations of the trillion dollar crypto industry. . On Thursday, Sam Bankman-Fried posted a mea culpa: “I … Read more

Polish business bankruptcies rise amid soaring inflation and energy costs

A woman wearing a face mask walks past a closed cafe in Warsaw, Poland on December 3, 2020. … [+] The forced closure of bars and restaurants due to COVID-19 restrictions has hit the Polish capital hard. On Nowy Swiat Street near the Old Town, a popular tourist hotspot, empty spaces and covered windows reveal … Read more