Oregon State and Washington State have finalized a settlement over financial distributions with the 10 schools leaving the Pac-12 . The departing schools will have $5 million withheld during the 2024 fiscal year for a total of $50 million under the deal announced Monday. The departing schools also will pay a $1.5 million “supplemental contribution” to the conference that will …
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JetBlue will drop some cities and reduce LA flights to focus on more profitable routes
JetBlue Airways will end service at several cities and reduce flying out of Los Angeles in a move to retrench and focus on stronger markets after years of losing money. The changes will also help the airline cope with the grounding of some of its planes for inspections of their Pratt & Whitney engines, an executive told employees Tuesday. Beginning …
Read More »Prosecutors seek from 40 to 50 years in prison for Sam Bankman-Fried for cryptocurrency fraud
NEW YORK (AP) — FTX founder Sam Bankman-Fried’s orchestration of one of history’s largest financial frauds in his quest to dominate the cryptocurrency world deserves a prison sentence of 40 to 50 years, federal prosecutors on Friday told a federal judge. Prosecutors made the recommendation in papers filed in Manhattan federal court in advance of a March 28 sentencing, where …
Read More »Ex-rideshare driver accused in California antisemitic attack charged with federal hate crime
SAN FRANCISCO (AP) — Federal prosecutors charged a former rideshare driver in connection with an antisemitic attack on a passenger at San Francisco International Airport in 2023 that occurred weeks after the Hamas-led incursion into Israel on Oct. 7 that sparked the ongoing war in the Gaza Strip. The 39-year-old man was arrested Wednesday and was in court for his …
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