PRESS DIGEST – The New York Times Business News

Dec 22 (Reuters) – Here are the headlines from the New York Times business section. Reuters has not verified the reports or vouched for their accuracy.

– Two former executives of Sam Bankman-Fried’s cryptocurrency trading empire have pleaded guilty to federal criminal fraud charges and are cooperating in the prosecution Disgraced cryptocurrency entrepreneur.

— Spokespeople for Presidents Barack Obama and Biden said on Wednesday that the IRS conducts an annual audit of the tax returns of President Donald Trump’s predecessor and his successor since taking office, fueling tensions over how Mr. question. Trump escaped such scrutiny before House Democrats began questioning him.

— Under Armor on Wednesday named Marriott International Inc. president Stephanie Linertz as its new chief executive, seven months after Patrick Frisk stepped down as the sportswear giant’s top job.

– Disgraced cryptocurrency executive Sam Bankman-Fried will be sent back to the United States to face fraud charges in federal court after he told a judge in the Bahamas on Wednesday that he agreed to be extradited. (Compiled by Bengaluru Newsroom)

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