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The United States District Court for the Southern District of New York releases FTX co-founder and former chief executive officer Sam Bankman-Fried on a $250 million bail on the condition that he resides at his parents' home in Palo Alto, California, while he awaits trial on criminal fraud charges over the bankruptcy of his cryptocurrency exchange.
2022-12-22

Sandro Botticelli's "Portrait of a Young Man Holding a Roundel" is sold at auction for $92.2 million at Sotheby's in New York City, making it the second most expensive painting by an old master ever sold at public auction.
2021-01-28

President-elect Joe Biden unveils a $1.9 trillion relief package to bolster the United States economy. If passed in Congress, the relief package will increase the direct payments from $600 to $2,000, an increase of $1,400. The plan to increase the direct payments to $2,000 was endorsed by Biden himself, outgoing President Donald Trump, and Democrats.
2021-01-14

American retailer Payless ShoeSource files Chapter 11 bankruptcy with plans to close all of their U.S. stores.
2019-02-19

Fox buys seven TV stations from Sinclair Broadcast Group for US$910 million.
2018-05-9

Wells Fargo bank is fined US$1 billion by the United States government for mishandling of mortgages and automobile loans. Wells Fargo is also ordered to reimburse customers who were overcharged.
2018-04-20

U.S. firearms and ammunition manufacturer Remington Arms files for chapter 11 bankruptcy protection after amassing US$950 million worth of debt.
2018-03-26

After struggling with debt from a leveraged buyout, Claire's files for chapter 11 bankruptcy in the United States. The company has issued a statement that it expects its stores to remain operational while it restructures its debt.
2018-03-19

The largest U.S. broadcaster, iHeartMedia, owner of 850 radio stations, files for chapter 11 bankruptcy after accumulating US$20 billion in debt.
2018-03-15

At least 2 tonnes of cocaine worth around US$1 billion bound for Europe is seized in The Gambia.
2010-06-8