British billionaire Joe Lewis, involved in an insider trading scheme, avoided prison on Thursday. Instead, a New York judge imposed a $5 million fine and three years of probation.

Amazon has announced layoffs affecting hundreds of employees in its cloud computing division.According to its latest financial report, Amazon Web Services (AWS) has experienced significant growth, now contributing 14% to Amazon’s overall revenue.

Donald Trump has posted a $175m (£140m) bond in his New York civil fraud case. The former US president was originally ordered to pay the full $464m judgement against him but an appeals court said he could pay the smaller sum within 10 days. 

Republican congressman Tim Walberg of Michigan has made shocking remarks suggesting that rather than providing humanitarian aid to Gaza, the US should consider subjecting it to nuclear bombing akin to “Nagasaki and Hiroshima” at the end of World War II.

Why are women being punched in the face at random while walking streets of New…

Sam Bankman-Fried, the co-founder of the collapsed crypto exchange FTX, has been sentenced to 25 years in prison for defrauding customers and investors of his now-defunct firm. The once-billionaire was a prominent face of cryptocurrency until the company’s sudden collapse in 2022.