These investments, now virtually worthless, illustrate the catastrophic fall from FTX’s peak valuation of around $32 billion.
Economy
Anti-Homeless Laws Increase as Funding for Social Services Decrease
In Missouri, a new law makes it a crime to sleep on state property, resulting in a $750 fine or imprisonment for those who sleep in public parks or under city highways.
Art Gallery Owner Sprays Down Unhoused Woman on Sidewalk in Viral Video
People are outraged by the cruelty of the art gallery owner — casually leaning on a railing while hosing down the woman — especially given the freezing temperatures.
Tesla’s Autopilot Allegedly Causes 8-Car Pile-Up, Sending Child to Hospital
The driver told the CHP that their Tesla’s “full self-driving” mode was responsible for the crash, which injured nine and sent a child to the hospital.
Hershey’s Dark Chocolate May Contain Dangerous Levels of Heavy Metals — Yum
A Long Island man has filed a $5 million federal lawsuit against The Hershey Company, alleging that the company’s dark chocolate contains dangerous levels of heavy metals.
Bernie Helps Sound the Alarm on Predatory Medical Credit Cards
The Consumer Financial Protection Bureau recently imposed $3.7 billion in penalties on Wells Fargo, one of the largest issuers of medical credit cards, for a range of abuses.
Amazon Workers Forced to “Work Alongside a Dead Body”
Workers were stunned by the lack of standard operating procedures for incidents like this, given that this isn’t the first time this sort of thing has happened at an Amazon warehouse.
Walgreens Admits Crying Wolf About “Gang” Theft Causing Store Closures
The pharmacy giant claimed that “gangs” were causing store closures by stealing large quantities of beauty products, despite those claims not being supported by the facts.
Facebook Hit with Massive Fines by EU Regulators for Privacy Violations
Irish regulators have already imposed four other fines on Meta for data privacy infringements, totaling over 900 million euros.
Elon Musk’s Shortest Flight on his Private Jet in 2022 was 6 Minutes Long
Musk’s private jet made 134 flights in 2022, emitting almost 2,000 tons of carbon dioxide and costing over $1 million in fuel expenses.
Economic Left 