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Author Archives: Stonecom Interactive

Author Michael Lewis on the rise and fall of Sam Bankman-Fried

Lawyers for Sam Bankman-Fried delivered opening statements in his criminal trial Wednesday. Prosecutors have accused the former FTX CEO of misusing billions of dollars in customer funds. Author Michael Lewis joins CBS News to discuss his new book, “Going Infinite: The Rise and Fall of a New Tycoon,” which takes an in-depth look at the rise and fall of Bankman-Fried. Source

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How could the Kaiser Permanente strike affect hospital care?

More than 75,000 Kaiser Permanente workers walked off the job Wednesday in several states. Their demands include an increase in wages and better staffing levels to handle the workload. CBS News senior business and technology correspondent Jo Ling Kent reports. Source

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U.S. cracks down on China-based fentanyl trafficking

The Biden administration on Tuesday sanctioned 25 Chinese individuals and entities for their alleged involvement in manufacturing and selling fentanyl. The Justice Department also indicted eight Chinese companies and 12 executives. Demetri Sevastopulo, U.S.-China correspondent for the Financial Times, joins CBS News to unpack the crackdown. Source

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Can House Republicans organize behind a new leader?

Republican Reps. Jim Jordan and Steve Scalise announced Wednesday they will run to succeed Rep. Kevin McCarthy as House speaker following his historic ouster. CBS News congressional correspondent Scott MacFarlane has the latest from Capitol Hill. Source

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