Shanghai is aiming for a return to more normal life from June 1, as the city of 25 million people tries to lay out a timetable to end its severe Covid lockdown that has dealt a major blow to the country’s slowing economy, Reuters reported. Officials said that all but one of Shanghai’s 16 districts have managed to contain Covid cases within quarantine areas, and the city is now focusing on...
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Privately held crypto exchanges are setting new lows in corporate governance. If you thought the initial bankruptcy filing for Sam Bankman-Fried’s FTX was stunning in what it revealed about how that company was run, check out the Commodity Futures Trading Commissions lawsuit against Binance today. Here’s a business empire controlled by one person, Changpeng Zhao, which has no board of directors...
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