Alameda Executives Saw $10 Billion Cash Gap Months Before Collapse
Alameda Research’s former Co-Chief Executive Officer Caroline Ellison estimated there was a more than $10 billion cash deficit
2023-07-21 07:55
FTX Sues Bankman-Fried, Associates Over $1 Billion in Bad Deals
Bankrupt FTX Trading Ltd. will try to claw back millions of dollars in cash and unwind more than
2023-07-21 07:47
The Only Thing Keeping South Africa From Chaos Is Its Private Sector
On a recent sunny afternoon, Joshua Radebe patted down asphalt into a neatly filled pothole on a busy
2023-07-21 07:24
Extreme Heat, Weather Conditions Attributed to Stagnant Jet Stream
It’s no coincidence that extreme heat is engulfing huge swaths of Asia, Europe and North America all at
2023-07-21 07:21
Grindr Staff Launch Union Drive, Fueled by Tech Layoffs and Anti-LGBTQ Threats
Employees at the LGBTQ dating company Grindr Inc. are petitioning to unionize, extending a wave of organizing among
2023-07-21 06:54
Asia Stocks Face Weak Open After Wall Street Drop: Markets Wrap
Asian stocks are set for a weak open after US equities and Treasuries fell following disappointing tech earnings
2023-07-21 06:52
Blackstone Taps Strong Japanese Demand With Private Credit Fund
Blackstone Inc. sees opportunities to build out private credit offerings for high net worth investors in Japan after
2023-07-21 06:25
China’s $100 Billion Tutoring Ban Backfires, Spawning Black Market
President Xi Jinping’s attack on China’s after-school tutoring industry was meant to ease the burden on households. But
2023-07-21 06:23
FTC to Pause Microsoft Merger Trial, Opening Door to Settlement Talks
The US Federal Trade Commission paused its in-house trial against Microsoft Corp.’s $69 billion acquisition of Activision Blizzard
2023-07-21 05:46
Startup Cerebras Takes on Nvidia With AI Supercomputers
Startup chipmaker Cerebras Systems Inc. announced that it’s built the first of nine artificial intelligence supercomputers in a
2023-07-21 04:57
Elon Musk’s Wealth Slumps $20 Billion as Tesla Shares Tumble
Elon Musk’s fortune slumped $20.3 billion Thursday after Tesla Inc. warned it may have to keep cutting the
2023-07-21 04:53
Nasdaq 100 Reshuffle Adds Twist to $2.4 Trillion Options Event
An out-of-cycle rebalance in the Nasdaq 100 is adding another layer of wrinkles to stock trading with a
2023-07-21 03:46