NEW YORK — The Federal Trade Commission’s long-awaited antitrust lawsuit against Amazon is the most aggressive move it has taken yet to tame the market power of a company that’s become synonymous with online shopping and fast deliveries. Under chair Lina Khan, the FTC hasn’t been shy about taking big swings against some of American’s biggest companies in an effort to snuff out monopolistic behavior.
NEW YORK — FTX founder Sam Bankman-Fried’s trial has taken a star turn. His former fellow top executive and ex-girlfriend Caroline Ellison testified against him on Tuesday in Manhattan federal court. She said Bankman-Fried once told her he thought someday he might be the U.S. president. Ellison blamed Bankman-Fried for crimes she admitted to last December in a cooperation deal. She was asked at one point to identify Bankman-Fried in the courtroom.
BUENOS AIRES, Argentina — Argentina’s firebrand populist presidential candidate Javier Milei is coming under fire from his rivals who are blaming him for a sharp depreciation of the local currency in the parallel market. Milei is the front-runner to win the Oct. 22 presidential election. He continues to tout his controversial plan for dollarization of the South American country’s economy. The Argentine peso has sharply depreciated over the past week.
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