• Associated Press

    Russia perseveres with bombardments of Ukraine in an effort to wear down air defenses

    Russia fired salvoes of drones and missiles overnight at southern and eastern regions of Ukraine, authorities said Thursday, injuring more than a dozen people as the Kremlin’s forces persevered with attritional attacks designed to wear down Ukrainian defenses. Air defense systems intercepted 26 out of 28 Shahed drones, Ukraine’s air force said. Russian forces also launched five missiles overnight, it said.

  • Reuters

    Sam Bankman-Fried to be sentenced for multi-billion dollar FTX fraud

    Sam Bankman-Fried, the former billionaire cryptocurrency wunderkind, is set to be sentenced on Thursday over his conviction for stealing $8 billion from customers of the now-bankrupt FTX exchange he founded. Bankman-Fried, 32, faces the prospect of decades behind bars after a jury found him guilty in November on seven fraud and conspiracy counts. The hearing will mark the culmination of Bankman-Fried's downfall from an ultra-wealthy cryptocurrency entrepreneur and major political donor to U.S. authorities' biggest trophy to date in a crackdown on malfeasance in digital asset markets.

  • Insider Monkey

    Brunswick Corporation (BC) Rose 23% Despite Reporting Mixed Results

    TimesSquare Capital Management, an equity investment management company, released its “U.S. Mid Cap Growth Strategy” fourth-quarter investor letter. A copy of the same can be downloaded here. In the fourth quarter, the strategy underperformed the Russell Midcap Growth Index and returned 13.66% (gross) and 13.44% (net) while the index return was – 14.55%. In addition, please […]