Category: Business

What’s Occurring at Bankrupt Crypto Alternate FTX?

The imploding cryptocurrency buying and selling agency FTX is now brief billions of {dollars} after experiencing the crypto equal of a financial institution run.

The alternate, previously one of many world’s largest, sought chapter safety final week, and its CEO and founder resigned. Hours later, the buying and selling agency mentioned there had been “unauthorized entry” and that funds had disappeared. Analysts say a whole lot of hundreds of thousands of {dollars} could have vanished.

The unraveling of the once-giant

Read the rest Read more

Richmond firm makes a motorbike bottle that makes use of no plastic

Bivo Water bottles are manufactured from chrome steel and have a nozzle with a excessive circulate rater. Seen in Richmond on Monday, November 7, 2022. Picture by Glenn Russell/VTDigger

When Carina Hamel was prepared to position her daughter in day care, she was making an attempt to show her to drink out of bottles. 

Hamel tried every kind, however she didn’t like that the bottles she discovered have been all made out of plastic. If heated in a dishwasher, the

Read the rest Read more

Archdiocese of New Orleans sells actual property in chapter | Enterprise Information

Greater than two years after submitting for Chapter 11 chapter safety within the face of mounting lawsuits associated to previous little one sexual abuse, the Archdiocese of New Orleans is starting to boost money by promoting a few of its huge actual property holdings.

Attorneys for the native Roman Catholic Church will ask a choose this week to permit two separate property transfers to maneuver ahead. One is the sale of a former 12-story workplace constructing at 1000 Howard Ave.

Read the rest Read more

Promotions, hirings, achievers and firm information

This is a take a look at promotions, hirings, movers and newsmakers within the Memphis space enterprise scene:


Rack Room Sneakers has promoted Jennifer Scantland to Midwest/Tennessee Regional Supervisor. Primarily based in Memphis, Scantland covers shops in West Tennessee, Mississippi, Louisiana and Arkansas. She joined Rack Room Sneakers in 2003 and was an assistant supervisor earlier than being promoted and relocating to Nashville to function district supervisor in 2009.


Boyle Funding Firm appointed Matt Hayden as its president and chief

Read the rest Read more