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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

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

The U.S. Department of State announces that it will redirect approximately US$230 million in stabilization funds for Syria to "other key foreign policy priorities." Career Ambassador James Jeffrey is appointed as "special representative for Syrian engagement".
2018-08-17

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

Sears Holdings Corporation announces plans to close over 100 Sears and K-Mart stores in the United States.
2011-12-27