A cryptocurrency company calling itself “Elon Goat Token” has spent $600,000 to build a 30-foot monument of Elon Musk’s head on a goat’s body riding a rocket. The statue will be delivered to Tesla headquarters in Texas.
Category Archives: business
‘Crypto king’ Sam Bankman-Fried resigns after FTX bankruptcy
The collapse of the cryptocurrency exchange FTX from a $32 billion company to bankruptcy has customers demanding answers from former CEO Sam Bankman-Fried, who resigned Nov. 11. NBC’s Dana Griffin reports for Saturday TODAY.
Is it safe to use Twitter? Security fears rise after Elon Musk drives off staff
Elon Musk’s two-week management of Twitter has made the platform more vulnerable to fraud and privacy violations by driving away key members of its longtime
After Twitter is flooded with impersonators, Elon Musk pulls paid verification
Twitter has suspended sign-ups for its Blue subscription service after the initial rollout was marred by users who received a paid verification badge and then
Crypto giant FTX to file for bankruptcy, CEO Sam Bankman-Fried steps down
The crypto giant FTX and its affiliated companies have started the process of filing for Chapter 11 bankruptcy, with founder Sam Bankman-Fried stepping down as
Before his epic fall, Sam Bankman-Fried was hailed as a crypto genius. Some clients saw smoke and mirrors.
Three people who did business with Sam Bankman-Fried and his companies in recent years told NBC News that they lost money in what they contend were manipulative trading activities.
How to avoid becoming a victim of scams that target older adults
NBC’s Vicky Nguyen joins the 3rd Hour of TODAY to share easy changes you can make to avoid becoming a victim of scams targeting older adults.
How to shop the best Black Friday deals early online and in stores
The holiday shopping season is in full swing as many of the coveted Black Friday sales are already underway. Walmart, Target and Amazon are offering massive sales in stores as well as online. NBC’s Vicky Nguyen reports for TODAY.
Stock market soars to its best day since 2020 as inflation slows
The inflation rate has slowed to a rate of 7.7%, sending the stock market soaring to its best day since 2020. NBC’s Brian Cheung joins TODAY to discuss what this means for your bottom line.
Kroger, Albertsons to merge amid soaring food costs
As food costs are up more than 12% from 2021, two of America’s largest grocery store chains, Kroger and Albertsons, are preparing to merge in a deal worth roughly $25 billion. NBC News’ Joshua Johnson is joined by Sarah Miller from the American Economic Liberties Project which publicly opposes the planned merger as some lawmakers claim it would increase consumer costs.