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
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
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
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
Brazil’s Audit Court Is Likely to Put Braskem Sale on Hold
Brazil’s audit court is likely to put the sale of Braskem SA on hold because of an environmental
2023-07-21 03:46
Billionaire Jeff Yass Gives $10 Million to Group Seeking Trump Alternative
Billionaire Jeff Yass donated $10 million to the super PAC arm of Club for Growth, a pro-business, anti-tax
2023-07-21 03:18
Carvana’s CEO Sees Weaker Used-Car Prices Stimulating Demand
A surge in used-car prices padded Carvana Co.’s bottom line early in the pandemic. As the market for
2023-07-21 03:17
Stock Optimism Among Retail Crowd Surges Before Rally Stalls
Just before US stocks faltered on Thursday, the level of optimism among retail traders soared to the highest
2023-07-21 02:18
Fed Debuts New Payments Network to Speed Up US Money Movement
The Federal Reserve debuted a new payments system designed to speed up the movement of money among banks
2023-07-21 02:17