The daily business briefing: December 17, 2018
Malaysia charges Goldman Sachs and two ex-bankers over 1MDB scandal, HQ Trivia and Vine co-founder Colin Kroll dies at 34, and more
- 1. Malaysia charges Goldman Sachs, ex-bankers in 1MDB scandal
- 2. HQ Trivia, Vine co-founder Colin Kroll dies at 34
- 3. Dow futures point to slightly higher open after Friday's plunge
- 4. May says new Brexit referendum would 'break faith' with U.K. voters
- 5. Spider-Man: Into the Spider-Verse tops box office

1. Malaysia charges Goldman Sachs, ex-bankers in 1MDB scandal
Malaysia's attorney general, Tommy Thomas, said Monday that the country had filed criminal charges against Goldman Sachs and two of its employees in connection with a scandal involving state investment fund 1Malaysia Development Berhad, or 1MDB. Thomas said the charges concerned allegedly misleading statements Goldman made to investors about $2.7 billion in bond sales the bank arranged but knew would be misappropriated. Criminal charges were filed against former Goldman executives Tim Leissner and Roger Ng Chong Hwa, as well as former 1MDB employee Jasmine Loo Ai Swan and Low Taek Jho. Goldman Sachs has consistently denied wrongdoing in the 1MDB scandal.
2. HQ Trivia, Vine co-founder Colin Kroll dies at 34
Colin Kroll, co-founder and CEO of Vine and HQ Trivia, was found dead Sunday in his New York City apartment. He was 34. Police officers found Kroll after his girlfriend called 911 and asked for a wellness check. The cause of death was not immediately determined. HQ Trivia, a trivia game app, was launched in 2017. Kroll became CEO of HQ Trivia's parent company, Intermedia Labs, earlier this year after his business partner Rus Yusupov was forced out, Recode reports. Recently, Kroll was accused by an HQ Trivia employee of "inappropriate and unprofessional behavior;" the matter was investigated and "yielded no concerns," the company told Recode.
Subscribe to The Week
Escape your echo chamber. Get the facts behind the news, plus analysis from multiple perspectives.

Sign up for The Week's Free Newsletters
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
3. Dow futures point to slightly higher open after Friday's plunge
Dow Jones Industrial Average futures edged up early Monday, pointing to a slightly higher open following Friday's steep losses. U.S.-China trade tensions and disappointing Chinese economic data have fueled mounting fears of a global slowdown, dragging down stocks. All three major U.S. indexes dropped by around 2 percent on Friday, putting them all in correction territory for the first time since March 2016. Investors are starting the week bracing for the Federal Reserve's two-day meeting that starts Tuesday. Many economists are expecting the Fed to raise its benchmark interest rate by another quarter percent but signal the end of its steady raising of rates.
4. May says new Brexit referendum would 'break faith' with U.K. voters
British Prime Minister Theresa May on Monday moved to head off mounting calls for a second Brexit referendum by telling Parliament that doing so would "break faith" with British voters who approved pulling the country out of the European Union. "Another vote which would do irreparable damage to the integrity of our politics, because it would say to millions who trusted in democracy, that our democracy does not deliver," May tells lawmakers in prepared remarks. British lawmakers are deadlocked on May's deal with the EU on the terms of Britain's departure from the trading bloc, scheduled for March. She had to cancel a vote on the deal to avoid rejection, and has been seeking concessions from European leaders to save the deal, without success.
5. Spider-Man: Into the Spider-Verse tops box office
Spider-Man: Into the Spider-Verse led the weekend box office in North America, bringing in $35.4 million at 3,813 theaters in its debut, according to Comscore. The well-reviewed film, with its inventive animation, was expected to lead to a new franchise for Sony Pictures. It was produced by a team that included Phil Lord and Christopher Miller, who previously were behind The Lego Movie. The Mule, starring Clint Eastwood as a cranky drug courier, came in at No. 2 with $17.2 million. It was the biggest opening as a star for Eastwood, who also directed the movie, since Space Cowboys in 2000.
Sign up for Today's Best Articles in your inbox
A free daily email with the biggest news stories of the day – and the best features from TheWeek.com
Harold Maass is a contributing editor at The Week. He has been writing for The Week since the 2001 debut of the U.S. print edition and served as editor of TheWeek.com when it launched in 2008. Harold started his career as a newspaper reporter in South Florida and Haiti. He has previously worked for a variety of news outlets, including The Miami Herald, ABC News and Fox News, and for several years wrote a daily roundup of financial news for The Week and Yahoo Finance.
-
Today's political cartoons - March 29, 2025
Cartoons Saturday's cartoons - my way or Norway, running orders, and more
By The Week US Published
-
5 tactically sound cartoons about the leaked Signal chat
Cartoons Artists take on the clown signal, baby steps, and more
By The Week US Published
-
Roast lamb shoulder with ginger and fresh turmeric recipe
The Week Recommends Succulent and tender and falls off the bone with ease
By The Week UK Published
-
'Like a sound from hell': Serbia and sonic weapons
The Explainer Half a million people sign petition alleging Serbian police used an illegal 'sound cannon' to disrupt anti-government protests
By Abby Wilson Published
-
The arrest of the Philippines' former president leaves the country's drug war in disarray
In the Spotlight Rodrigo Duterte was arrested by the ICC earlier this month
By Justin Klawans, The Week US Published
-
Ukrainian election: who could replace Zelenskyy?
The Explainer Donald Trump's 'dictator' jibe raises pressure on Ukraine to the polls while the country is under martial law
By Sorcha Bradley, The Week UK Published
-
Why Serbian protesters set off smoke bombs in parliament
THE EXPLAINER Ongoing anti-corruption protests erupted into full view this week as Serbian protesters threw the country's legislature into chaos
By Rafi Schwartz, The Week US Published
-
Who is the Hat Man? 'Shadow people' and sleep paralysis
In Depth 'Sleep demons' have plagued our dreams throughout the centuries, but the explanation could be medical
By The Week Staff Published
-
Why Assad fell so fast
The Explainer The newly liberated Syria is in an incredibly precarious position, but it's too soon to succumb to defeatist gloom
By The Week UK Published
-
Romania's election rerun
The Explainer Shock result of presidential election has been annulled following allegations of Russian interference
By Sorcha Bradley, The Week UK Published
-
Russia's shadow war in Europe
Talking Point Steering clear of open conflict, Moscow is slowly ratcheting up the pressure on Nato rivals to see what it can get away with.
By The Week UK Published