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  • If you are fed up with the other people on your team, remember this: it could be so much worse. Butch Wilmore and Suni Williams, two American astronauts, returned to Earth on March 18th after a planned days-long mission to the International Space Station turned into a nine-month stay. At the SANAE IV research station in Antarctica, reports have emerged of assault, death threats and intimidation among a team of South African scientists who arrived there in February; they are due to leave the base only in December. Submariners on Britain’s nuclear-armed subs can be at sea for six months or more. More

  • The New York couple charged with trying to launder $4.5 billion in bitcoin stolen in a 2016 hack of Bitfinex appear set to plead guilty in the case, a new federal court docket entry suggests.
    Ilya Lichtenstein and Heather Rhiannon Morgan have been charged in a new document typically used by federal prosecutors when defendants have agreed to plead guilty.
    Netflix last year commissioned a series about the couple.

    The New York couple charged with trying to launder $4.5 billion in bitcoin stolen in a 2016 hack of Bitfinex appear set to plead guilty in the case.
    The couple, Ilya Lichtenstein and Heather Rhiannon Morgan, have been newly charged in the case with a document known as an information, according to a new Washington, D.C., federal court docket entry Friday.

    related investing news

    An information is a type of charging document that federal prosecutors typically use when defendants have agreed to plead guilty.
    Another docket entry shows that Lichtenstein and the aspiring rapper Morgan have been ordered to appear in court on Aug. 3 for separate arraignments and plea hearings on the information.
    The nature of the charge or charges in the information was not made public. It is common for informations to have fewer charges than those originally lodged against defendants, or to have different ones.

    Booking photos for Heather Morgan and Ilya Lichtenstein.
    Courtesy: Alexandria Adult Detention Center.

    Judge Colleen Kollar-Kotelly on Friday ordered prosecutors and defense lawyers to provide plea paperwork to her by Thursday, the docket shows.
    That paperwork is to include “charged offense(s) and statutory provision; charge(s) in plea and statutory provision; elements of the offense; copy of the plea agreement; penalties; and [federal sentencing] guideline calculations.”

    The couple was originally charged in a criminal complaint when they were arrested in February 2022, and had pleaded not guilty to the charges listed in that document – money laundering conspiracy and conspiracy to defraud the United States.
    Morgan, known as “Razzlekhan,” is free on a $3 million bond. Lichtenstein, whose nickname is “Dutch,” has been held in jail since February 2022 without bond after a judge ruled that the Russian emigre was a flight risk.
    The U.S. Attorney’s Office in Washington, which is prosecuting the couple, declined to comment. Their defense lawyers didn’t immediately respond to requests for comment from CNBC.
    Prosecutors had said weeks after the couple’s arrests that they were in plea negotiations with them.
    The couple’s case has been repeatedly continued since their arrests. Until Friday’s new docket entries, they had been scheduled to appear at a status hearing on Monday. That hearing was vacated as a result of the new charging document being filed.
    Lichtenstein, 34, and the 32-year-old Morgan are accused of trying to launder the proceeds of 119,754 bitcoin that were stolen from Bitfinex’s platform in August 2016. The couple was not charged in the hack of the Hong Kong-based cryptocurrency exchange.
    At the time of their arrests, the Department of Justice said officials had been able to seize more than 94,000 bitcoin involved in the hack, which at that time of the seizure was worth about $3.6 billion. That was the largest financial seizure in DOJ history.
    The bitcoin stolen in the hack was worth just $70 million at the time of the theft, but soared in value in the following years.
    “Over the last five years, approximately 25,000 of those stolen bitcoin were transferred out of Lichtenstein’s wallet via a complicated money laundering process that ended with some of the stolen funds being deposited into financial accounts controlled by Lichtenstein and Morgan,” the DOJ said at the time of their arrests.
    Netflix in early 2022 announced it had commissioned a series on the couple. More

  • Pedestrians pass in front of the Salesforce Tower in New York. Victor J. Blue | Bloomberg | Getty Images Check out the companies making headlines in midday trading on Friday: Big Lots — Shares of the discount retailer jumped more than 7% after the company beat top and bottom-line estimates in the first quarter. Big Lots earned […] More

  • The Bond Fire, started by a structure fire that extended into nearby vegetation on Thursday, Dec. 3, 2020 in Silverado, CA. Dangerous fire weather conditions are in effect across wide swaths of Southern California as dry, gusty Santa Ana winds are expected from the northeast.
    Kent Nishimura | Los Angeles Times | Getty Images

    2020 has tied with 2016 as the hottest year on record, marking the end of the hottest decade on record as the world grapples with global climate change, researchers confirmed on Friday.
    The finding, published by the Copernicus Climate Change Service, an intergovernmental agency that supports European climate policy, continues a relentless upward trend in global temperatures due to greenhouse gas emissions trapping heat in the atmosphere.

    “2020 stands out for its exceptional warmth in the Arctic and a record number of tropical storms in the North Atlantic,” Carlo Buontempo, director of Copernicus service, said in a statement. 
    “It is no surprise that the last decade was the warmest on record, and is yet another reminder of the urgency of ambitious emissions reductions to prevent adverse climate impacts in the future,” he said.
    The evidence of record heat in 2020 mounted throughout the year: Dry and hot conditions fueled massive record-breaking wildfires in Australia and later in the U.S. West; Arctic sea ice plummeted to its second-lowest levels on record; and worldwide, monthly temperature records were shattered.
    Last year was 0.6 degree Celsius (1.08 degrees Fahrenheit) above the average for the period between 1981 and 2010 and about 1.25 degrees Celsius (2.25 degrees Fahrenheit) above the average for the pre-industrial period between 1850 and 1900, according to the agency.

    Arrows pointing outwards

    Some parts of the world heated up more than others as carbon emissions continued to rise. Europe had its hottest year on record, with temperatures that were 1.4 degree Celsius (2.53 degrees Fahrenheit) hotter than 2019, which was previously the warmest year.

    The Arctic and northern Siberia saw the largest temperature surges, which reached to over 6 degrees Celsius (10.8 degrees Fahrenheit) above average for the year. Western Siberia had an exceptionally hot winter and spring, while the Siberian Arctic and much of the Arctic Ocean had exceptionally hot temperatures in summer and autumn.
    Major wildfires near the Arctic Circle also released a record amount of carbon emissions in 2020 and Arctic sea ice hit record lows for the months of July and October.
    “Until the net global emissions reduce to zero, CO2 will continue to accumulate in the atmosphere and drive further climate change,” Vincent-Henri Peuch, director of the Copernicus Atmosphere Monitoring Service, said in a statement.
    2016, the pervious hottest year, was very hot because temperatures had been impacted by an El Nino, which sent a significant amount of heat from the Pacific Ocean into the atmosphere. The last six years were the warmest six on record.
    — Graphics by CNBC’s Nate Rattner More

  • About 2½ minutes after launch from Vandenberg Air Force Base, Firefly’s rocket began flipping end over end and exploded in the air.
    The Vandenberg’s Space Launch Delta 30 unit confirmed that it triggered the Alpha rocket’s flight termination system, causing the explosion.

    Firefly Aerospace’s Alpha rocket accelerates away from SLC-2 at Vandenberg Space Force Base on September 2, 2021.
    Andrew Evers | CNBC

    Space company Firefly launched its inaugural Alpha rocket on a cloudless Thursday evening over the California coast.
    The Alpha rocket took off from Vandenberg Space Force Base’s SLC-2 complex, climbing west over the Pacific.

    Firefly Aerospace’s Alpha rocket lifts off from Vandenberg Space Force Base on September 2, 2021.
    Andrew Evers | CNBC

    But about 2½ minutes after launch, Firefly’s rocket began flipping end over end and exploded in the air.

    The flight termination system on Firefly Aerospace’s Alpha rocket detonates after it launched from Vandenberg Space Force Base on September 2, 2021.
    Andrew Evers | CNBC

    Firefly Aerospace’s Alpha rocket explodes in a fireball in the sky above California after launching from Vandenberg Space Force Base on September 2, 2021.
    Andrew Evers | CNBC

    The company’s first Alpha rocket explodes during its orbital launch attempt on Sept. 2, 2021.
    Firefly Aerospace

    The Vandenberg’s Space Launch Delta 30 unit confirmed that it triggered the Alpha rocket’s flight termination system, causing the explosion.
    “A team of investigators will convene to determine the cause of the failure,” Space Launch Delta 30 said.
    The Federal Aviation Administration is also investigating. The agency told CNBC in a statement that there were no reported injuries or damage to public property but is aware of reports regarding possible debris falling to the ground.
    Firefly’s Alpha rocket is grounded “until the FAA approves the final mishap investigation report or determines the issues related to the mishap do not affect public safety,” the agency added.

    Firefly Aerospace’s Alpha rocket stands on the launchpad at Vandenberg Space Force Base in California on September 2, 2021.
    Andrew Evers | CNBC

    Firefly was attempting to reach orbit on the company’s first-ever launch, which would have been a rare feat for private rocket builder. The first orbital launch attempts of other private rocket builders — SpaceX, Rocket Lab, Virgin Orbit and Astra — suffered a variety of failures, with the former three companies reaching orbit on later attempts.
    A Firefly statement emphasized that its Alpha test flight achieved “a number of” mission objectives, including: booster ignition, liftoff and supersonic speed, and collected “a substantial amount of flight data.”

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BUSINESS

  • Black Friday is most popular with Gen Z, even as the holiday loses its shine, new survey finds

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  • A third high-profile tech leader is leaving GM as part of a software-product restructuring

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  • Sellers are taking their homes off the market at the fastest pace in nearly a decade

    Read More

  • Multifamily housing leads CRE bid competition in October

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Economy

  • in Economy

    Higher government spending alone won’t fix Germany, warns IMF

    26 November 2025, 10:38

  • in Economy

    ‘Fomo’ is driving ‘stretched’ US tech valuations, ECB warns

    26 November 2025, 08:59

  • in Economy

    How Greece’s recovery can be an inspiration for Europe

    26 November 2025, 08:00

  • in Economy

    Climate urgency means bypassing COP is necessary, says COP30 boss

    26 November 2025, 04:00

  • in Economy

    China is making trade impossible

    26 November 2025, 04:00

  • in Economy

    Trump’s affordability problem: in charts

    26 November 2025, 04:00

  • in Economy

    FirstFT: VW says it can halve EV development costs with China-made car

    25 November 2025, 20:28

  • in Economy

    Reeves increases minimum wage by 4.1% ahead of tax-raising Budget

    25 November 2025, 19:14

  • in Economy

    Grim retail sales data fuels concerns about health of US economy

    25 November 2025, 18:44

Finance

  • in Finance

    Nvidia name-checks Michael Burry in secret memo pushing back on AI bubble allegations

    25 November 2025, 18:10

  • in Finance

    Michael Burry’s next ‘Big Short’: An inside look at his analysis showing AI is a bubble

    25 November 2025, 15:29

  • in Finance

    Blackrock’s iShares bitcoin fund sees record exodus as crypto heads for worst month since 2022

    24 November 2025, 23:23

  • in Finance

    Michael Burry launches newsletter to lay out his AI bubble views after deregistering hedge fund

    24 November 2025, 15:30

  • in Finance

    Robinhood shares drop 12% this week amid losses in bitcoin, AI stocks

    21 November 2025, 20:22

  • in Finance

    One Fed official may have saved market from another rout. Why John Williams’ remarks matter so much

    21 November 2025, 18:27

  • in Finance

    Bitcoin continues slide that’s roiling markets, threatens to break below $80,000

    21 November 2025, 15:13

  • in Finance

    Japanese concerts in China are getting abruptly canceled as tensions simmer

    21 November 2025, 09:33

  • in Finance

    Bitcoin falls to lowest level since April

    20 November 2025, 17:38

Investing

  • AI data center ‘frenzy’ is pushing up your electric bill — here’s why

  • IRS releases guidance for Trump’s tips, overtime deductions. What workers need to know

  • Why ACA subsidy cliff may discourage some people from working

  • Most retirees don’t tell adult children about their inheritance, research shows. What advisors recommend sharing, when

  • Shoppers curtail Black Friday plans to stretch spending: ‘They are using every tool that they can,’ expert says

  • Many retirees soon must take year-end required withdrawals — and mistakes can be costly

  • College grads face one of the toughest job markets in a decade — ‘Right now is a really difficult time to find a job,’ expert says

Cryptocurrency

  • Bitcoin Critic Peter Schiff Explains Why Proof of Work Makes No Sense

  • HUGO Meme Coin Unveils AI-Driven Transparency Tool as Multi-Chain Expansion Begins

  • Bitcoin (BTC) All-Time High Coming? Analyst Willy Woo

  • Barclays investigates if Bitcoin prices lead to increased hiring for crypto jobs

  • Michael Saylor Reaffirms His Confidence in Bitcoin: ‘Create Something Better’

  • Satoshi’s Bitcoin: Ripple CTO Shares Key XRP, BTC Insight

  • Bitcoin Price Driven by Large Investors: Details

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