erin delmore-_ business correspondent erin delmore. �* . ., delmore.more. we're already more bookings like jersey - delmore. we're already more bookings like jersey city i delmore. we're already more bookings like jersey city and l bookings like jersey city and the parameters of new york city, newjersey, connecticut, city, new jersey, connecticut, i city, newjersey, connecticut, i think what people are saying is they still want to come to your, they want to afford to do it, oryou your, they want to afford to do it, or you will see people travelling to other cities as well. ., , ., travelling to other cities as well. ., ,, u. travelling to other cities as well. ., i. _, ., travelling to other cities as well. ., ., ., well. how you continue to grow and operate — well. how you continue to grow and operate the _ well. how you continue to grow and operate the city _ well. how you continue to grow and operate the city like - well. how you continue to grow and operate the city like new. and operate the city like new york york regulations are emitting short—te

erin delmore, bbc news, new york.e stunning collapse of ftx, you can check out the articles on our website, bbc .com or download our app. in other news making headlines this morning... the boss of streaming service hbo has apologised for asking employees to set up fake social media accounts to hit back at tv critics. casey bloys�*s apology comes after a rolling stone report alleging the ceo had sent text messages discussing what he called a "secret army" to respond to negative reviews. some of the better—known shows created by hbo include succession, the last of us, the white lotus, and euphoria. us regulators have accused amazon's chiefjeff bezos of ordering employees to flood its search results with irrelevant ads to drive up advertising profits. that was revealed in a new version of a complaint filed by the us federal trade commission on thursday. the regulator and 17 other states had filed an anti—trust lawsuit against the company late septemeber, accusing it of using its monopoly to increase prices across the web

erin delmore reporting there.its acquisition of vm wear after the maker received regulatory approval in the last major upmarket china, ending a month long saga. the deal was one of the biggest when announced last year but it faced tough regulatory scrutiny around the world. china's regulatory approval comes afterjoe biden and xijinping met last week. the pandemic changed how and where many of us work. and as more of us now work from home, demand for commercial property has fallen. all of this has helped to drive down the amount of money that investors are putting into commercial property in the asia pacific region, according to a new report by global real estate companyjll. earlier, i spoke tojll�*s asia pacific head of investor intelligence, pamela ambler, who told me more about this trend. the biggest theme we are seeing is this repricing pressure that assets are experiencing so what does that mean? because of the high cost of debt, recently, and most markets are pretty much remaining in this price discovery mod

erin delmore has more on the story.rs are absorbing the news and pulling their funds. the largest crypto change has seen outflows of billions of dollars in the last 24 billions of dollars in the last 2a hours. that is on the heels of news that its founder and ceo has pleaded guilty to charges of violating anti—money laundering rules and agree to pay a $50 million fine. binance agreed to pay $4.3 billion fine. us attorney general merrick garland called it one of the biggest penalties ever obtained. the data comes from a block chain allen since firm and that does not include bitcoin. the exchange's nato crypto currency, binance coin, also took a hit in value. the tea please and date year—long investigation into binance, but the company continues operating under the leadership of a senior binance executive. binance will also have a government appointed monitor and the company is required to ensure it's in combines with us laws and the exchange is still the world's largest, holding more than $65 billion of assets. erin delm

erin delmore in new york. fraud rather could cripple the real estate business in new york. donaldjr spent his second day of testimony continuing to deny involvement in the accounting practices of the company despite running the business and being a trustee of his father >> father's irrevocable trust. erik trump denied any knowledge orany erik trump denied any knowledge or any involvement with the statements of financial condition and those other balance sheets the attorney general or fraudulently alleged were fraudulently inflated. eric trump found himself confronted with e—mails that ntcham such documents. sarah smith covers the trial for us and has more. prosecutors have been calling some dramatic witnesses to testify from trump's fixer turned foe to the man himself but perhaps the most notable are his own children. why are his kids taking the stand and what could this mean for the case against him? donald trump omah trump organisation are in trouble with new york state for massively inflating the value of t

erin delmore, bbc news, new york.e family business empire. donald jr and eric trump are co—defendants in the case, alongside theirfather, and have denied any wrongdoing. the bbc�*s nada tawfik was watching their testimony and joins us now outside the court. tell us what happened in court today. tell us what happened in court toda . ~ ,., tell us what happened in court toda .~ , tell us what happened in court toda. , , tell us what happened in court toda. today. well, both sons very strictly denied that — today. well, both sons very strictly denied that they _ today. well, both sons very strictly denied that they had _ today. well, both sons very strictly denied that they had ever- today. well, both sons very strictly denied that they had ever worked l today. well, both sons very strictly. denied that they had ever worked on any of the key financial documents that are at the heart of the civil case. but their experience on the stand has been markedly different over these past few days. donjr joked with the prosecutors

our new york business correspondent, erin delmore, reports. fall has been as swift as his rise. until last year, he was the most prominent mogul of the crypto world. he ran the world's second largest crypto exchange. as cryptocurrencies like bitcoin soared in value, so did his personalfortune, which at one point totalled $26 billion. but as their values slumped and financial markets shifted, his companies collapsed, leading to bankruptcy, arrest and extradition. now a jury in new york has found him guilty of seven counts of fraud and money laundering. prosecutors convinced them the crypto king was, in fact, a crook. the cryptocurrency industry might be new. the players, like sam bankman—fried, might be new. but this kind of fraud, this kind of corruption is as old as time, and we have no patience for it. while bankman—fried was using his great wealth to buy and trade to political and celebrity elites, he was in fact stealing customer funds to shore up his other company, an investment fund. prosecutors used the testimony of his friends and ex—g

erin delmore, bbc news, new york.el, cryptocurrency expert and author of several bookings, including blockchain hurricane. i think that the verdict today is actually very positive because it shows very clearly that this was a this was a case of fraud and money laundering. the fact that they were tempting people to invest their crypto assets, their cryptocurrencies for returns that were too good to be true in a business that the fca, the financial conduct authority, had already warned against a year before it collapsed is not you know, it's it's been a stain for the last year. and we're so glad that the right verdict has been reached. interesting. what do you make of the fact that there he was in washington and all those world leaders and celebrities, what does that say about due diligence or aboutjust what was going on? there's been a huge failure of due diligence, of corporate governance or of any real oversight from investors, from investees people taking money. and there's a some sort of credulous aspect sometimes

all right, north america business - north america business correspondence erin delmore for us. spent a second day giving evidence to a bella freud trial they could cripple his family's real estate business in new york. both donald trumpjunior and eric donald trump junior and eric trump donald trumpjunior and eric trump are executive vice president of the trump 0rganization. nada tawfik has more. donald trump 0rganization. nada tawfik has more. donald trumer completed more. donald trump jr completed his more. donald trumer completed his testimony today. he really hammered in points he made yesterday that even though he was the trustee who signed off on financial documents, that he left the valuations and the accuracy to his accountants who he paid to do that, he said. when he left the courthouse here he slammed this case as a political persecution, really echoing what his father has said and really, —— really in contrast to the jovial, joking attitude he took inside the courtroom. but then it was onto testimony from eric trump and he is someone who was someone who was far more i

erin delmore reporting there. finally, it's the thanksgiving holiday in the united states today. cost of almost $1 billion. but it's notjust big business in the us. expatriate americans all around the world will be celebrating. richard gladwin and his brothers run five restaurants in london and will be serving 1,000 thanksgiving meals today. good morning, richard. you're up good morning, richard. you're up early and ready so what's on the menu?— up early and ready so what's on the menu? ., ., , _ the menu? good morning, happy thanksgiving! — the menu? good morning, happy thanksgiving! on _ the menu? good morning, happy thanksgiving! on the _ the menu? good morning, happy thanksgiving! on the menu - the menu? good morning, happy| thanksgiving! on the menu today we have got a turkey palmar which is rated turkey scholar, we put a bechamel on top of that, grilland we put a bechamel on top of that, grill and fry, so really naughty, bad for you, and totally delicious! then there is a cranberry english with that and turkey five. it sounds delicious. _ that and turkey five. it sounds del

erin delmore, bbc news, new york. conservation society. scientists say it's the result of changing conditions in the world's oceans. a marine heatwave injune saw uk water temperatures rose by about 3 to 4 celsius. tim muffett reports. no brain, no bones, no heart and no eyes. jellyfish are amongst the most mysterious creatures on earth. there's been a big rise in the number ofjellyfish spotted over the past 12 months in uk and irish waters. an increase of almost a third on the previous year. the barreljellyfish, the uk's largest, was the most frequently cited in the marine conservation society's survey. so, at the moment, thejury is out as to why we might be seeing increases in certain jellyfish species. we know that they operate on boom and bust population cycles. so, we might bejust seeing a 20—year boom cycle for barrel jellyfish in uk waters. but at the same time we know that our oceans are changing, we know our seas are getting warmer, and our warmer winters are probably making our oceans much better for our jell

that was erin delmore, there.t economic crisis in at least two decades, with inflation running at more than 140%. so it is not surprising that the economy tops the list of concerns for argentines, as they vote to choose their next president on sunday. it's a run—off between career politician sergio massa — the current finance minister, who won the first round — and the right—wing libertarianjavier milei. mr milei — a former tv pundit who has lambasted the country's political elite — is proposing a radical agenda including ditching the battered argentine peso, closing down the central bank and adopting the us dollar. let's discuss this further. mariano machado is principal americas analyst at the risk consultants verisk maplecroft. lovely to have you with us. first off, the likely winner, do you think, and what that will mean for argentina? thank ou for will mean for argentina? thank you for having _ will mean for argentina? thank you for having us, _ will mean for argentina? thank you for having us, always - will

erin delmore reports from new york. step down from his role as chief executive of finance and will pay a $50 million fine. finance will pay a $4.3 million fine. the company will accept the payment of a monitor. —— binance. named by treasury secretaryjanet binance. named by treasury secretary janet yellen as including al-anda, acis and hamas. including al-qaeda, acis and hamas. , . hamas. the 'ustice department is hamas. the 'ustice department rsrequirrng— hamas. the justice department is requiring binance _ hamas. the justice department is requiring binance to - hamas. the justice department is requiring binance to pay - is requiring binance to pay $4.3 billion in penalties and forfeitures. this is one of the largest penalties we have ever obtained from a corporate defendant in a criminal matter. he is one of the most influential figures he is one of the most influentialfigures in he is one of the most influential figures in crypto. this is the latest div element to roil the industry since his rival sam bankman—fried wa

our north america business correspondent erin delmore has the latest from new york.year, amazon's games division is the target for lay—offs, and it's at least the second set ofjob cuts by amazon in under a week. the last round targeted jobs in streaming music and podcasting, plus a few in human resources. taken together, the lay—offs are part of a broader restructuring by amazon. the company cut more than 27,000 jobs in the last year. the e—commerce and streaming giant isn't immune to the lay—offs that hit the tech industry earlier this year. after the onset of the pandemic ushered in the work—from—home era, technology companies expanded to meet growing needs. then, in early 2023, lay—offs were rampant in the industry as companies reflected on over hiring and slowing demand. amazon isn't the only one downsizing. google, snap and zillow also recently said they're cutting jobs. that is all we have for you. thank you for watching. bbc news bringing you different stories from across the uk. it may look like a trip to the science museum, but believe it or not, this is gat

here is erin delmore in new york.c makes a lot of money from it by selling virtual currency through its app. now, that's an in—app purchase, and if you are on an android phone, google makes a commission off of that, and that's true if you're making any enough purchases like downloading an audiobook or purchasing a subscription. in this lawsuit epic is claiming you the customer are paying higherfees for these things than you should be. epic sued apple over this issue a couple of years ago which largely resulted in an initial win for apple, although the supreme court might take a second look. this is slightly different, because it will be decided by a jury, instead ofjudge. epic is being countersued by google. this is not the only anti—trust case google is facing right now. it's in a legal battle with thejustice department over its search engine dominance. that case is one of many we have seen in recent years on washington's efforts to rein in big tech. now, it has been called australia's great un— retirements as older

the bbc�*s erin delmore reports from new york. looked at the inflation data from tuesday and saw a lot to like. the confidence sent stocks rallying across all three major indices. the nasdaq closed up more than two percentage points. the dow nearly one and a half percentage point after spending the day flirting with a 500 point gain. the s&p was up at 9% closed all 11 sectors skinny. that marks the markets best performance on the price index day since last november. treasury leads took a dive with a ten year yield at 10.4% above 4.6 marking its biggest one—day decline since march. the cpi data buoyed investor hopes that the federal reserve is finished raising interest rates. the fed meets again next month and the expectation is that they will hold interest rates steady. using price pressure may mean an error of federal reserve rate hikes has drawn to a close. the meeting betweenjoe biden and xi jinping will be closely watched by business leaders for signs that the relationship between the us and china is improving. companies will

erin delmore caught up with the boss of retail chainjcpenney.are absolutely facing the headwinds of inflation. and so there's a number of things we're doing. first of all, it's offering them those pre—inflation prices. so we looked at hundreds of holiday items and black friday items and we're offering those at the same or lower price than last year. the other thing that we're doing is helping them on the credit side, because we know that's also important to them. and so starting december 1st and running through december 24th, we're running a special promotion that's in store only. and when a customer spends more than $250 for their basket, they'll be able to have that and carry that for six months interest—free. they'll make six equal payments, but it will be interest—free. and when you talk about those pre—inflation prices, who's absorbing the difference in cost there? because i know the prices themselves haven't come down. i think one of the advantages that we have is we have a lot of really great brands that are our private label brands — bra

our business correspondent erin delmore reports from new york.hat do you get when you add strong consumer spending, a tightjob market and remarkable growth? you get a resilient economy. an economy that defied earlier predictions of a recession, and one that's not buckling under the weight of the fed's interest rate hikes. see, raising interest rates is the fed's best tool to combat persistently high inflation, which consumers have seen reflected in higher prices for nearly everything. and while inflation has fallen by half from itsjune 2022 high of 7%, it's still higher than the fed's target of 2%. earlier this year, federal reserve policymakers hinted that they may hike interest rates once more before the year is out. they'll have a chance this week, or at their last meeting in december, or they could not do it at all. investors and economists are predicting that policymakers will skip a rate hike this week and, instead, hold rates steady, giving everything more time to work its way through the economy. we'll know the fed's next step on wednesda

as the bbc�*s erin delmore explains, the collapse of ftx and the crimes of bankman fried are posing allf uncomfortable questions for the crypto industry. after more than four weeks in court, thenjust 4.5 hour top deliberations, a jury convicted sam bankman—fried of fraud and conspiracy charges, likely dealing him are lifetime prison sentence. a warning was given at all would—be fraudsters that could be hurt as the particular warning for other fraudsters operating in the crypto sector. it fraudsters operating in the crypto sector. , ., fraudsters operating in the crypto sector. , . . fraudsters operating in the crypto sector. , ., ., ., sector. it is also a message, a warnin: sector. it is also a message, a warning this — sector. it is also a message, a warning this case, _ sector. it is also a message, a warning this case, to - sector. it is also a message, a warning this case, to every - sector. it is also a message, a i warning this case, to every single fraudster out there who thinks that they are untouchable, or that their crimes are too complex for us to catch. or that they are too

on its e—commerce platform starting from next year. 0ur north america bu5ine55 correspondent erin delmore nicknamed the everything store. but come next year, cu5tomers but come next year, customers in the us can buy what is likely the most expensive and certainly heaviest amazon purchase of their lives, the everything 5tore purchase of their lives, the everything store is adding car5 everything store is adding cars to its menagerie of good starting with hyundai. it is a major upgrade to hyundai�*s digital showroom on amazon. right now cu5tomers digital showroom on amazon. right now customers can look at models, cu5tomers right now customers can look at models, customers the current get contact information for a dealer or follow get contact information for a dealer orfollow a link get contact information for a dealer or follow a link to their site but come next year, cu5tomers their site but come next year, customers in the us will be able to buy a hyundai and schedule a delivery from the dealer all through amazon. in 2025, new hyundai5 will be accessed by amazon�*5 shopping a55istant. hen

our north america business correspondent erin delmore has the details.s nicknamed the everything store. but come next year customers in the us can buy what's likely the us can buy what's likely the largest most expensive and certainly heaviest amazon purchase of their lives. the everything store is adding cars to its menagerie of goods, starting with hyundai. it is a major upgrade to hyundai's digital showroom on amazon. i now customers can browse models, customise a car and get contact information for a dealer or follow a contact information for a dealer orfollow a link contact information for a dealer or follow a link to the dealer's site but come next year, customers and the us will be able to buy a hyundai and is scheduled delivery from the dealer all through amazon. and in 2025, new hyundais add access to amazon's alexa voice assistant of this capitalises on a trend we saw during the pandemic when stuck at home shoppers turned to buying cars online. hyundai and amazon announced the big news thursday at the los angeles auto show. now, speaking of the

our north america business correspondent — erin delmore has the latest from new york.money by an app purchase. it fortnight makes a lot of money by an app purchase.— by an app purchase. if on an android boat _ by an app purchase. if on an android boat google - by an app purchase. if on an android boat google makes| by an app purchase. if on an| android boat google makes a commission off back. that's true if you're making any in 3pp true if you're making any in app purchases like downloading an audiobook or subscription. in this lawsuit epic is claiming that you the customer are paying higherfees for these things that you should be. epic sued apple over this issue a couple of years ago and that largely it resulted in an initial weld for apple although the supreme court may take a second look. this is different because it will be decided by a jury because it will be decided by a jury instead of a judge. epic is being countersued by google. this isn't the only antitrust case google is facing right now. it's in a legal battle with the justice now. it's in a legal battle wi

on its e commerce platform starting from next year. 0ur north america bu5ine55 correspondent erin delmoreyou can buy a lot of things on amazon, after all it is nicknamed the everything store. but come next year cu5tomers nicknamed the everything store. but come next year customers in the us can buy what is likely the us can buy what is likely the largest, most expensive and certainly heaviest amazon purchase of their lives. the everything 5tore purchase of their lives. the everything store is adding car5 everything store is adding cars to it's a menagerie of good starting with hyundai. it is a major update to the hyundai digital�*s 5how room on amazon. now cu5tomers digital�*s 5how room on amazon. now customers can browse models, get a car in your contact information to a dealer site. come next year, cu5tomers site. come next year, customers in the us will be able to buy a hyundai and schedule a delivery for the dealer all through amazon. in 25 new hyundai will add acce55 amazon. in 25 new hyundai will add access to the amazon alexa voice a55istant. thi5 capitalises on a trend we saw duri

news broke, many customers of binance have been withdrawing their money from the exchange — as erin delmoreorts. first�*s customers are absorbing the news and pulling their funds. it has seen outflows of around $1 billion in the last 2a hours. that is on the heels of news that its founder and ceo has pleaded guilty to charges of violating anti—money—laundering rules and agreed to pay a 50 billion dollarfine. —— $50 million fine. merrick garland called it one of the biggest penalties ever obtained. the data comes and it doesn't include bitcoin. first coin also took a hit in value. a year—long investigation into binance but the company continues operating. binance will also have a government appointed monitor and the company is required to ensure it is in compliance with us laws and the exchange is still the world's largest, holding more than $65 billion of assets. the gas and oil industry needs to cut emissions by 60 percent by 2030 to keep global warming to an increase ofjust 1.5 centigrades. that's the conclusion of a report from the global energy watchdog, the international energy agency.

erin delmore reports from new york.we saw oil nearing $100 a barrel, a psychologically important marker as consumers fill their cars with gas and heat their homes. and while the price of oil doesn't contribute to the "core" inflation that the federal reserve likes to gauge, it does contribute to "headline" inflation — and the direction people feel prices are moving in. now, a reversal, with crude oil falling to its lowest price sincejuly. one factor is the israel—hamas war. we saw prices spike during the first week of violence, on the worry that hostilities could spread into a wider regional conflict, drawing in oil—rich neighbouring countries. a month into the conflict, that fear is stabilising. and another factor is slowing global demand as revealed in china's export data. exports fell more than six percent, year over year, in october. that marked the sixth consecutive month of falling exports. there's another thing that lowers demand — a strong dollar. that makes oil more expensive for holders of other currencies to

our north america business correspondent — erin delmore has the latest from new york.n as the firing of open—ai ceo and co—founder sam altman on friday is now a standoff between hundreds of open—ai employees and the company's board. nearly all of open—al's workers are threatening to quit if the board doesn't resign and reinstate the former leadership. board members fired altman on friday saying in a statement that he was not consistently candid in his communications with them. the company also announced that greg brockman, the president and a co—founder of open—ai, would be stepping down as chairman of the board. but he quit. the company has named emmett sheer, the co—founder of the live streaming platform, twitch, as open—al's interim ceo. two prominent open—ai heads have signed the letter. chief technology officer and the firm's chief scientist. on monday morning, the chief scientist tweeted that he deeply regrets his participation in the board's actions. open—ai has been the dominant force in al development with its chatgpt chat bot. this episode is highlighting a s

our north america business correspondent erin delmore has more from new york.s part of the plea agreement, he will step down from his role as chief executive and will pay as chief executive and will pay a $50 million fine. finance will pay a $4.3 billion fine, the company will accept the appointment of a monitor. the company pled guilty to knowingly inventing money laundering and sanctions violations on its side and allowing criminal actors to use the exchange, named by treasury secretary as including al-qaeda, isis and how. the justice department - al-qaeda, isis and how. the justice department is requiring binance — justice department is requiring binance to pay $4.3 billion in penalties and forfeiture is. this— penalties and forfeiture is. this is_ penalties and forfeiture is. this is one of the largest penalties we have ever obtained from _ penalties we have ever obtained from a _ penalties we have ever obtained from a corporate defendant in a criminal— from a corporate defendant in a criminal matter.— criminal matter. he's one of the most — criminal matter

let's hear now from our north america business correspondent erin delmore. it is finally heading in the right direction. . �* , �* , direction. that's right. and this re ort is direction. that's right. and this report is being _ direction. that's right. and this report is being seen _ direction. that's right. and this report is being seen as - direction. that's right. and this report is being seen as good i direction. that's right. and this - report is being seen as good news. we saw stock futures jumped on the news and we have seen that momentum sustained into this morning. when we look at numbers like this, we look not only at the number but the direction the numbers are moving in. as you said, we see inflation at 3.2% year over year in the month of october, down from 3.7% in september. we have also seen core inflation down a bit from september, coming in at 4% today. core inflation strips out volatile fuel and energy prices. that is the number the federal reserve tends to look at when making decisions about interest rate increases. going back to the headl

our north america business correspondent erin delmore has the latest from new york.hat began as the firing of openai ceo and co—founder sam altman on friday is now a stand—off between hundreds of open ai employees and the company board. nearly all of their workers are threatening to quit if the board doesn't resign and reinstate the former leadership. board members fired mr altman friday saying in a statement he was not consistently candid communications with them. —— in his communications with them. the company also announced greg brockman, the president and co—founder of openai, would step down as chairman of the board. but he quit. the company has named emmett shear, the co—founder of livestreaming platform twitch as its interim ceo. two prominent openai heads to have signed on to the letter and chief technology officer and the firm's chief scientist. on monday morning there was a tweet seeing there was a deep regret on the board's actions. the openai has been the dominant force in ai development with its chatgpt chat port. —— chat bot. this episode highlights a s

erin delmore is in new york with the details. you can buy a lot of things on amazon.knamed the everything store. but come next year, customers in the us can buy what is likely the largest, most expensive and certainly heaviest amazon purchase of their lives. the everything store is adding cars to its menagerie of goods, starting with hyundai. it's a major upgrade to hyundai's digital showroom on amazon. right now, customers can browse models, customize a car and get contact information for a dealer, orfollow a link to the dealer's site. but, come next year, customers in the us will be able to buy a hyundai and scheduled delivery from the dealer, all through amazon. and in 2025, new hyundai will add access to amazon's alexa voice assistant. this capitalises on a trend we saw during the pandemic, when stuck—at—home shoppers turned to buying cars online. hyundai and amazon announced the big news thursday at the los angeles auto show. to x now, the beleaguered social media hub. the computing giant ibm has suspended advertising on the platform formerly known as twitter aft

our business correspondent erin delmore reports from new york.h? you get a resilient economy. an economy that defied earlier predictions of a recession, and one that's not buckling under the weight of the fed's interest rate hikes.

erin delmore reports from new york. sam bankman—fried was a towering figure in crypto.

they'd be willing to employ 0pen—ai's researchers. 0ur north america business correspondent — erin delmoreetween hundreds of 0pen—ai employees and the company's board.

our north america business correspondent erin delmore has more from new york.hief executive and will pay as chief executive and will pay a $50 million fine. finance will pay a $4.3 billion fine, the company will accept the appointment of a monitor. the company pled guilty to knowingly inventing money

our north america business correspondent erin delmore has the latest from new york.rkers are threatening

as the bbc�*s erin delmore explains, the collapse of ftx and the crimes of bankman fried are posing all

north america business correspondent erin delmore has the latest from new york.

news broke, many customers of binance have been withdrawing their money from the exchange — as erin delmoreround $1 billion in the last 24 hours. that is on the heels of news that its founder and

our north america business correspondent erin delmore has the latest.t began as the firing of openai as ceo and co—founder sam altman on friday is now a stand—off between hundreds of openai employees and the company's board. nearly all of openai's workers are threatening to quit if the ball doesn't resign and reinstate the former leadership. board members fired altman on friday, saying in a statement that he was not consistently candid in his communications with them. the company also announced that greg brockman the president and co—founder of openai would be stepping down as chairman of the board, but he quit. the company has named emmett cher, the co—founder of the live streaming platform twitch as openai's interim ceo. two broken —— prominent openai heads have signed onto the letter. on monday morning, the chief scientist tweeted he deeply regrets his participation in the board because my actions. openai has been the dominant force in al development with its chatgpt chat bot. this episode is highlighting a split within the field of ai between those

our north america business correspondent erin delmore reports from new york.wering figure in crypto, a self—made entrepreneur who promised customers that his crypto exchange ftx was an safe and easy way into crypto currency. he exchange ftx was an safe and easy way into crypto currency.— way into crypto currency. he was ro elled way into crypto currency. he was propelled into — way into crypto currency. he was propelled into an _ way into crypto currency. he was propelled into an a-list - way into crypto currency. he was propelled into an a-list social. propelled into an a—list social network of celebrities. imilli propelled into an a-list social network of celebrities. with ftx i have everything _ network of celebrities. with ftx i have everything i _ network of celebrities. with ftx i have everything i need _ network of celebrities. with ftx i have everything i need to - network of celebrities. with ftx i have everything i need to buy - network of celebrities. with ftx i | have everything i need to buy and sell. he charmed washington politicians calling for