Death sentence upheld for property tycoon in Vietnam — unless she pays $9 billion before execution

A Vietnamese court upheld the death penalty Tuesday for a property tycoon in a multibillion-dollar fraud case — but said her life could still be spared if she paid back three quarters of the assets she embezzled. Property developer Truong My Lan, 68, was convicted this year of swindling money from Saigon Commercial Bank (SCB) — … Read more

Crude oil rises by most in two weeks as OPEC+ expected to extend output cuts

Dec. 03, 2024 6:36 PM ETUnited States Oil Fund, LP ETF (USO), CL1:COMUCO, DBO, UNG, FCG, USL, SCO, UNL, BNO, BOIL, KOLD, GUSH, DRIP, USOI, CO1:COM, NG1:COMBy: Carl Surran, SA News Editor SlavkoSereda/iStock via Getty Images Crude oil futures settled higher Tuesday on expectations that OPEC+ will again postpone its planned production increases when group … Read more

Celsius founder Alex Mashinsky pleads guilty to two fraud counts | Business and Economy News

Mashinsky was one of several crypto moguls charged with fraud after a slump in prices in 2022 caused firms to collapse. Alex Mashinsky, the founder and former CEO of cryptocurrency lender Celsius Network, has pleaded guilty in the United States to two counts of fraud. Mashinsky, 59, was indicted on July 13, 2023, on seven … Read more

Mark Cuban’s War on Drug Prices: ‘How Much Fucking Money Do I Need?’

When Mark Cuban is feeling spicy, he’ll always let you know. The billionaire businessman, basketball owner, and Shark Tank empresario lit up WIRED’s The Big Interview event on Tuesday, dropping hot takes about Elon Musk, the pharmaceutical industry, and why he thinks “couch fucking” and Gary Gensler’s crypto policy cost Kamala Harris the election. Chatting … Read more