Category: Business

Caroline Ellison ‘knew’ Sam Bankman-Fried’s alleged fraud ‘was wrong’

Sam Bankman-Fried’s ex-girlfriend stunningly confessed during a secret court proceeding that she knew “it was wrong” to take part in his alleged fraud scheme, according to a transcript made public Friday. “I am truly sorry for what I did,” Caroline Ellison said. “I knew that it was wrong.” Ellison, 28, pleaded guilty Monday to federal …

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McDonald’s unveiled an automated store. Some consumers aren’t loving it.

McDonald’s new test restaurant near Fort Worth, Texas could be the future of fast-food operators: Instead of human workers handing you a bag at the drive-thru, an automatic conveyer belt brings your order to the window. Ordering is done through kiosks or an app — no humans involved there, either. In a December blog post, …

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Will mail be delivered Christmas Eve, the day after Christmas?

(NEXSTAR) – Your late Christmas gift may be delivered even later this year. Christmas falls on a Sunday this year, which means any day-of regular mail deliveries or last-minute trips to the post office are out of the question – the United States Postal Service observes every Sunday as a day off. But since the …

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SEC says it’s not violating Elon Musk’s right to free speech

DETROIT — The US Securities and Exchange Commission is denying allegations that it is violating Elon Musk’s free speech rights by trying to enforce a 2018 securities fraud settlement. The commission, in an appeals brief filed late Thursday, said Musk, the chief executive of Tesla, waived his First Amendment rights by agreeing to the settlement …

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Netflix Password Sharing Crackdown: Why It Won’t End Account Sharing

Beginning next year, Netflix will start nagging customers to pay extra if it detects that they’re sharing their account with individuals outside their household — in violation of the streamer’s terms of use. But users determined to continue flouting Netflix’s password-sharing rules won’t face any draconian repercussions for now: The company will not terminate someone’s …

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Oil prices are up, are refinery shutdowns to blame?

Fox News senior congressional correspondent Chad Pergram has the latest from Capitol Hill on ‘Cavuto: Coast to Coast.’ Inclement weather over a large swath of the country is doing more than causing power outages and canceling flights. News reports say cold weather has shut down several US oil refineries, causing crude prices to spike. LyondellBasell …

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Workers were crushed by rocks in Texas trench collapse: feds

File photo of a construction hat. Two workers were killed in Texas when they were crushed by rocks and soil in a trench collapse, authorities said. Ümit Yıldırım via Unsplash Two workers were installing sewer lines in a trench more than two stories below ground in Texas when they were killed, authorities said. Their deaths …

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SEE IT: These infographics show just how much Christmas travel will cost you this holiday season

Christmas travelers might have cheaper flights this year, but they should expect higher travel prices once they arrive at their destination. Persistent inflation mixed with a travel rebound following the COVID-19 lockdowns have kept prices high, particularly around major holidays. WATCH AMERICANS REACT TO CHRISTMAS TRAVEL PRICES: WATCH MORE FOX NEWS DIGITAL ORIGINALS HERE Christmas …

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