Steph Curry, Tom Brady, Larry David, Gisele Bundchen and other celebrities are accused of helping the now-bankrupt crypto-company FTX mislead customers. Now a class-action lawsuit is putting big names at the center of the growing scandal. NBC’s Sam Brock reports for TODAY.
Category Archives: business
Starbucks union to strike at more than 100 locations on Red Cup Day, one of the chain’s busiest days of the year
Workers at more than 100 unionized Starbucks locations plan to strike on Thursday, one of the chain’s biggest sales days of the year.
Gas prices dip ahead of Thanksgiving travel, could dip even further
Gas prices are down from last week and according to AAA they could drop even more in the coming days. Experts point to more stable oil prices for the recent dip.
Elon Musk testifies in Tesla shareholder's lawsuit over his $55 billion pay package
A Tesla shareholder is suing Elon Musk and the company over the $55 billion payment package the two negotiated. NBC News’ Jacob Ward reports on why the shareholder thinks there was a breach of fiduciary responsibility between Musk and Tesla and what Musk said in his testimony.
Tom Brady, Larry David and other celebrities named in FTX lawsuit
A class-action lawsuit filed Tuesday alleges that the crypto platform FTX and former CEO Sam Bankman-Fried violated Florida law, misled customers and cost
Target shares plunge after retailer reports profit decline, warns of soft holiday quarter
Target’s profit fell by around 50% in its fiscal third quarter as it cleared through unwanted inventory and sales slowed heading into the holidays, prompting
Feast for less with no fuss with these Thanksgiving tips
With just about a week until Thanksgiving, NBC’s senior consumer and investigative correspondent Vicky Nguyen shares essential tips to save time and money at the grocery store ahead of the holiday.
Over a decade after founding Grindr, Joel Simkhai wants a do-over
When Joel Simkhai left Grindr five years ago, he had a lot of time to think.
Ticket sales for Taylor Swift tour reignite fan frustration over Ticketmaster
Ticketmaster’s homepage was knocked offline Tuesday ahead of what is expected to be a crush of demand for tickets to Taylor Swift’s “Eras” tour.
Musk fires Twitter engineers after critical posts on Twitter and Slack
Elon Musk has fired a group of Twitter engineers, some of whom posted critical comments either on the social network or on its internal Slack messaging system,