FTX sues Bankman-Fried, others to recoup more than $1 billion
By Jonathan Stempel (Reuters) -FTX Trading on Thursday sued founder Sam Bankman-Fried and other former executives of the cryptocurrency exchange,
2023-07-21 07:55
Lebanon's tainted bank chief leaves an economy in tatters
Unanswered questions about one of the world's worst financial crises hang over Riad Salameh.
2023-07-21 07:51
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 07:46
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 07:15
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 06:46
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 06:27
Marketmind: Fragile Friday as big tech finally falters
By Jamie McGeever A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist.
2023-07-21 05:57
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 05:48
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 04:56
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 04:48
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 03:56
AMC Theaters scraps plans to charge more for good seats
AMC Theaters said Thursday it is ending its "Sightline" tiered seat-pricing pilot, which it began earlier this year, in which moviegoers who sat up by the front of the theater directly next to the screen paid less for a ticket compared to those who chose more desirable seats in the middle of the theater.
2023-07-21 03:55