Lawyers for Sam Bankman-Fried delivered opening statements in his criminal trial Wednesday. Prosecutors have accused the former FTX CEO of misusing billions of dollars in customer funds. Author Michael Lewis joins CBS News to discuss his new book, “Going Infinite: The Rise and Fall of a New Tycoon,” which takes an in-depth look at the rise and fall of Bankman-Fried. Source
Author Archives: Stonecom Interactive
Simone Biles leads U.S. women’s gymnastics team to 7th straight world title
Simone Biles led the U.S. women’s gymnastics team to its seventh straight team title Wednesday at the gymnastics world championships in Belgium. The remarkable accomplishment sets a record for the most consecutive team titles among men or women in the sport. Source
2 killed when small plane crashes into Oregon home
Two of three people aboard a small plane were killed when the aircraft crashed into the roof of a home in Newberg, a suburb of Portland, Oregon, on Tuesday night. No one inside the home or on the ground was injured. Source
Apple pushes out software update to address overheating in new iPhone 15
Apple on Wednesday released a software update designed to address reports that the new iPhone 15 experiences overheating. Apple had said the overheating issue was possibly linked to the use of certain apps, including Uber and Instagram. Source
Arrest made after biker caught on video attacking Philadelphia mom in front of her children
A 26-year-old man was arrested Wednesday in connection with a cell phone video taken Sunday which showed a biker smashing the back windshield of a woman’s car and then assaulting her in front of her children in Philadelphia. Source
EV battery manufacturing boom brings jobs, investment to “battery belt”
In the past three years, more than $90 billion in battery investments have been announced in the U.S., creating an estimated 70,000 manufacturing jobs, much of it in a stretch from Michigan to Georgia being called the “battery belt.” Ben Tracy has more. Source
Still no arrests after 5 shot at Baltimore’s Morgan State University
Five people, including four students, were wounded in a shooting Tuesday night at Morgan State University in Baltimore. The shooting is believed to have stemmed from a dispute between two groups near a dorm on the university’s campus, police said. Nicole Sganga has the latest. Source
Pope Francis opens meeting on future of Catholic church by saying “everyone” must be allowed in
After the Vatican published a bombshell letter from Pope Francis earlier this week in which he opened the door for priests to bless same-sex unions, the pope on Wednesday kicked off an important three-week-long meeting of Catholic bishops by saying “everyone, everyone, everyone, everyone” must be allowed in. Chris Livesay reports. Source
Steve Scalise, Jim Jordan to run for House speaker
Following the historic vote to remove House Speaker Kevin McCarthy, Reps. Steve Scalise and Jim Jordan announced bids to replace him. Scalise is the House majority leader, while Jordan chairs the powerful House Judiciary Committee. Scott MacFarlane has more. Source
75,000 Kaiser Permanente health care workers go on strike
About 75,000 union health care workers with Kaiser Permanente began a three-day strike Tuesday across five states. The union is calling for better working conditions and a $25 minimum wage. Kaiser said it its hospitals and medical centers will remain open during the strike, but it may need to reschedule non-urgent appointments or procedures. Jo Ling Kent has more. Source