CNN- Philippines

NGCP: Outages seen as ERC rejects extension of standby power deals

By CNN Philippines Staff

Consumers may experience power interruptions as the Energy Regulatory Commission (ERC) denied the National Grid Corporation of the Philippines' (NGCP) month-on-month extension of ancillary services (AS) agreements, or standby power supply deals.

Disney begins laying off 7,000 employees, CEO Bob Iger announces

By Jon Passantino, CNN

Disney CEO Bob Iger on Monday said his company will begin laying off staff starting this week, the first of three rounds of expected cuts following his announcement in February that the company would axe 7,000 jobs.

ANALYSIS: The US case against Binance calls out one of the worst-kept secrets in crypto

By Allison Morrow, CNN

Here's the deal: The CFTC alleges that Binance and its CEO violated US trading laws by, among other things, secretly coaching "VIP" customers within the United States on how to evade compliance controls.