Why did Wall Street loan billions to alleged fraudster Bill Hwang?

Why did Wall Street loan billions to alleged fraudster Bill Hwang?

Bill Hwang secured billions of dollars in funding from major Wall Street banks with lies ranging from assurances he could quickly exit positions to claims he held large, easily tradeable stocks like Apple and Google , according to US authorities. The banks apparently took Hwang’s words at face value when they entered into leveraged derivatives…

Sage Steele sues ESPN for treatment over vaccine mandate comments

Sage Steele sues ESPN for treatment over vaccine mandate comments

Sage Steele, a star “SportsCenter” anchor for ESPN, is suing the network and parent company Disney over the circumstances surrounding his sidelined late last year. In the lawsuit, Steele alleges she suffered retaliation for comments she made about the company’s vaccination mandate on Jay Cutler’s podcast last September, violating both her contract and her right…

Victims of Twitter abuse fear Musk’s plans, but can’t give up

Victims of Twitter abuse fear Musk’s plans, but can’t give up

Perhaps no group of people are more alarmed by Elon Musk’s apparent plan to make Twitter free speech for all. That those most likely to be targeted for harassment: women, racial minorities and other marginalized groups. They fear that a more passive approach Watching the platform will encourage providers of hate speech, bullying and misinformation…

Can drinking tea improve cognitive function and help prevent cognitive decline?  – Neuroscience News

Can drinking tea improve cognitive function and help prevent cognitive decline? – Neuroscience News

Summary: From aiding attention and warding off cognitive decline to improving immune system function, researchers are exploring the many health benefits of tea. Source: Pollack Communications Leading nutritional scientists from around the world gathered yesterday to present the latest evidence supporting tea’s role in promoting optimal health. With new findings from the international scientific community…

WSJ News Exclusive |  Carvana, once market darling, forced to turn to Apollo for cash

WSJ News Exclusive | Carvana, once market darling, forced to turn to Apollo for cash

carvana Co. CVNA -1.95% Financial problems spread to debt markets this week when the online used-car dealership struggled to sell bonds and was forced to turn to Apollo Global Management Inc. APO 2.67% for $1.6 billion to salvage the case. The giant investment firm has agreed to buy about half of the $3.275 billion in…

A’s president Dave Kaval seems a bit bitter about the turnout

A’s president Dave Kaval seems a bit bitter about the turnout

Dave Kaval doesn’t have to talk about the presence of another team. Picture: Getty Images It’s no secret that Oakland A’s struggle to show up. They have struggled in this department for years. 2022 is a whole different monster for the A’s, however. After two streaks on the road to open the season, the A’s…

Doc on past playoff failures: ‘Tell the whole story’

Doc on past playoff failures: ‘Tell the whole story’

1:51 p.m. ET Tim BontempsESPN CAMDEN, NJ – The Philadelphia 76ers practiced here Wednesday morning ahead of a return to Toronto for Game 6 of their Eastern Conference first-round playoff series against the Raptors Thursday night, halfway through what would be steep after taking a 3-0 lead in this best-of-seven series. 76ers coach Doc Rivers…

WATCH: Crew-4 successfully launches to the ISS on Wednesday morning

WATCH: Crew-4 successfully launches to the ISS on Wednesday morning

The burst of light in the pre-dawn darkness – the launch of Crew-4’s Falcon9 rocket as it glided through the dark sky into low Earth orbit. NASA and SpaceX launch managers were thrilled with the launch. The Falcon9 rocket performed well, the Dragon capsule performed well. It’s great to see the crew on board, and…

Zero-index metamaterials offer new insights into the foundations of quantum mechanics

Zero-index metamaterials offer new insights into the foundations of quantum mechanics

An illustration of a near-zero index metamaterial shows that as light passes through, it travels in a constant phase. Credit: Second Bay Studios/Harvard SEAS In physics, as in life, it’s always good to see things from different angles. Since the beginning of quantum physics, the way light travels and interacts with the matter around it…