Best of Business

Media

ViacomCBS chief Bakish blocked again from major media mogul meeting

Fox Business has learned that ViacomCBS CEO Bob Bakish once again won’t be attending the investment bank’s annual “summer camp for billionaires” in Sun Valley where the rich and famous in the world of the media and finance think big thoughts and at times lay the groundwork for potential deal making.

Money

Feds accelerating crypto world crackdown

Job postings indicate the Federal Government is worried about the proliferation of crimes involving digital currencies such as Bitcoin and Ethereum, and plans a broad criminal crackdown on illicit activities in the crypto world. In recent weeks, crypto-related criminal activity has been making national headlines particularly with the cyberattack on the Colonial Pipeline in May that resulted in the days-long shutdown of the country’s largest fuel pipeline.

Energy

Carl Icahn eyes scandal mired FirstEnergy

Billionaire investor Carl Icahn has signaled an interest in making a large purchase of voting shares from one of the country’s largest electric utilities, which is currently under investigation for its role in an Ohio bribery scandal.