A former strip mall mogul was sentenced to five years in prison for orchestrating a fake WeWork Inc. takeover bid to profit from stock options he bought just before the company’s November 2023 bankruptcy filing. Jonathan Larmore, sentenced on Tuesdayin federal court in Manhattan, was convicted of fraud in October following a weeklong trial — … Read more
The U.S. Supreme Court is set on Wednesday to consider a bid by Meta’s Facebook to scuttle a federal securities fraud lawsuit brought by shareholders who accused the social media platform of misleading them about the misuse of its user data. The justices will hear arguments in Facebook’s appeal of a lower court’s decision allowing … Read more
In 2013, there were 26 reported school shootings in the U.S. That figure rose to 82 a decade later. America has a school shooting problem, this much we can agree on. The cause of — and solution to — the issue, on the other hand, is where things start to fall apart. It has become … Read more
Unlock the Editor’s Digest totally free Roula Khalaf, Editor of the FT, selects her favorite tales on this weekly e-newsletter. The European Fee has rejected gives by Chinese language electric-vehicle makers to regulate their costs in a bid to keep away from sharply greater tariffs forward of probably pivotal talks between Beijing and Brussels subsequent … Read more
