December 13, 2022 | Daily Business Review
Bankman-Fried Accused of Fraud by SEC After Bahamas ArrestSam Bankman-Fried misled investors, telling them that FTX had sophisticated risk controls and that their assets were secure, according to the U.S. Securities and Exchange Commission.
By Bob Van Voris, Ava Benny-Morrison, Katanga Johnson and Gillian Tan
5 minute read
December 13, 2022 | Daily Business Review
School LGBTQ Support Guides Face Board of Education ScrutinyScrutiny of LGBTQ support guides was initiated after a State Board of Education member expressed "grave concerns" about whether certain parts of some districts' support-guide documents ran afoul of state law.
By Ryan Dailey
5 minute read
December 13, 2022 | Daily Business Review
Sides Battle Over Florida Insurance Litigation ChangesSen. Danny Burgess said lawmakers need to take action as homeowners across the state face large rate increases and struggle to find coverage.
By Jim Saunders
5 minute read
December 12, 2022 | Daily Business Review
Experts Make Predictions for Asian Markets in 2023One corner of the financial world in South Korea shows what can happen when banks, builders, investors and local governments get involved in a complex financing system that comes unstuck.
By Adam Majendie
3 minute read
December 12, 2022 | Daily Business Review
Dealmakers in Last-Minute $70B M&A Rush Before HolidaysBiotech giant Amgen is leading the flurry of transactions, saying it will buy Horizon Therapeutics for $28 billion to add drugs for rare disorders.
By Ben Scent and Dinesh Nair
3 minute read
December 12, 2022 | Daily Business Review
Elon Musk Steps Up Attacks on Twitter's Former Safety HeadWhen Elon Musk first purchased Twitter in late October, he expressed support for Yoel Roth before the executive resigned in November.
By Dana Hull and Kurt Wagner
3 minute read
December 12, 2022 | Daily Business Review
Federal Reserve's Message Clashes With 2023 Rate-Cut BetsFederal Reserve Chair Jerome Powell has history on his side as he and colleagues split with Wall Street over how long interest rates will stay high in 2023.
By Craig Torres and Liz Capo McCormick
6 minute read
December 12, 2022 | Daily Business Review
Stermon, Board of Governors Member, Dies From SuicideA politically connected figure in Northeast Florida, Kent Stermon apparently took his own life amid an ongoing probe by the Jacksonville Sheriff's Office.
By Ryan Dailey
3 minute read
December 12, 2022 | Daily Business Review
Insurance Proposals Could Bring Big ChangesThe insurance market has faced massive problems during the past two years, with insurers seeking large rate increases and dropping hundreds of thousands of customers because of financial losses.
By Jim Saunders
4 minute read
December 12, 2022 | Daily Business Review
Disagreements Surface Over School Librarian TrainingSome members of a state Department of Education work group that is crafting a training that all school-library workers must use in selecting books and other materials don't believe its recommendations go far enough.
By Ryan Dailey
6 minute read
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