Thanks to FTX, regulating crypto should be easy

As the demise of the FTX crypto empire unfolds — on Twitter, in bankruptcy proceedings, in congressional hearings and potentially in criminal court — lawmakers and regulators are grappling with a question: What, if anything, should they do to civilize a market so rife with abuse?

Foreign firms: China ‘turns corner’ by ending quarantine

BEIJING — Foreign companies welcomed China’s decision to end quarantines for travelers from abroad as an important step to revive slumping business activity while Japan on Tuesday joined India in announcing restrictions on visitors from the country as infections surge.

Southwest cancels more flights, draws federal investigation

DALLAS — Southwest Airlines scrubbed thousands of flights again Tuesday in the aftermath of the massive winter storm that wrecked Christmas travel plans across the U.S., and the federal government said it would investigate why the company lagged so far behind other carriers.

S. Korea military sorry for failing to down North’s drones

SEOUL, South Korea — South Korea’s president on Tuesday called for stronger air defenses and high-tech stealth drones while the military apologized for failing to shoot down North Korean drones that crossed the border for the first time in five years.

Law protects export of sacred Native American items from US

FLAGSTAFF, Ariz. — Federal penalties have increased under a newly signed law intended to protect the cultural patrimony of Native American tribes, immediately making some crimes a felony and doubling the prison time for anyone convicted of multiple offenses.

China races to vaccinate elderly, but many are reluctant

BEIJING — Chinese authorities are going door to door and paying people older than 60 to get vaccinated against COVID-19. But even as cases surge, 64-year-old Li Liansheng said his friends are alarmed by stories of fevers, blood clots and other side effects.