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Thousands of Tiny Hedge Funds Face Closure in China Shakeup
Thousands of Tiny Hedge Funds Face Closure in China Shakeup
China’s 6 trillion yuan ($832 billion) hedge fund industry is bracing for a historic shakeup that will likely
2023-08-11 08:25
US House leader McCarthy to test his Republican majority with funding vote-source
US House leader McCarthy to test his Republican majority with funding vote-source
By David Morgan and Makini Brice WASHINGTON The U.S. government looked all but certain to enter a partial
2023-09-30 23:19
Weekly US jobless claims highest since 2021, but companies avoid risk of being caught short-handed
Weekly US jobless claims highest since 2021, but companies avoid risk of being caught short-handed
The number of Americans filing for jobless claims last week rose to its highest level in a year-and-a-half, though the labor market remains healthy by historical standards
2023-05-12 00:22
Xi Defends Belt and Road as Chinese Initiative Loses Steam
Xi Defends Belt and Road as Chinese Initiative Loses Steam
Chinese President Xi Jinping defended his flagship Belt and Road Initiative, casting the $1 trillion program as a
2023-10-18 12:19
China Steps In to Support Yuan After Recent Weakness Offshore
China Steps In to Support Yuan After Recent Weakness Offshore
China set its daily reference rate for the yuan at a stronger-than-expected level to slow its slide, as
2023-06-26 09:55
Twitter to be evicted from Colorado office over unpaid rent
Twitter to be evicted from Colorado office over unpaid rent
Elon Musk’s Twitter is set to be evicted from their office in Colorado after the social media platform failed to pay its rent, according to reports. A judge signed an order on 31 May giving law enforcement 49 days to kick Twitter out of the office at 3401 Bluff Street in Boulder, Colorado, reported The Denver Post. The company once had 300 employees at the 65,000sq-ft office, but it is unknown if anyone even still works there after sweeping job cuts made by the billionaire after he bought the company last October. Last year, Twitter fired 87 employees at the Boulder, with another 38 voluntarily resigning, according to a November notice to the Colorado Department of Labor and Employment. Twitter’s landlords filed a complaint for unpaid rent against the company on 12 May, with court papers stating that the platform leased four units in the building in February 2020. The landlord stated that a default notice to Twitter was ignored and they instead used a letter of credit deposited by Twitter as security for the offices to pay $968,000 in rent, the newspaper reported. The landlord then asked Twitter to replenish the security deposit but says that the company ignored the request. The platform was also sued last month by Boulder’s Avalanche Commercial Cleaning for around $93,500 for unpaid bills. A request for comment from The Independent received an auto-reply with a poop emoji from Twitter. Read More Elon Musk to launch biggest ever rocket after dramatic failure Elon Musk eyes ‘highly habitable’ planet that’s ‘practically next door’ Jack Dorsey says Indian government threatened to ‘shut Twitter down’ and raid staff homes Elon Musk is hilariously shut down by his ‘favourite’ podcast Elon Musk appears to side with Republican shamed for criticising Megan Fox’s parenting
2023-06-15 03:48
Amazon taps SpaceX's Falcon 9 rocket to help launch Kuiper satellites
Amazon taps SpaceX's Falcon 9 rocket to help launch Kuiper satellites
By Harshita Mary Varghese and Joey Roulette (Reuters) -Amazon on Friday said it booked three Falcon 9 launches with Elon
2023-12-02 07:53
Apple’s Cook Cheers on Tencent Game Gala in Rare China Visit
Apple’s Cook Cheers on Tencent Game Gala in Rare China Visit
Apple Inc.’s Tim Cook showed up at a Tencent gaming tournament in China, endorsing one of the biggest
2023-10-17 14:59
House to vote on blocking Biden's student loan forgiveness program
House to vote on blocking Biden's student loan forgiveness program
The Biden administration's one-time student loan forgiveness program is facing a fresh threat from House Republicans while it awaits a ruling from the Supreme Court about whether the proposal can take effect.
2023-05-24 19:22
Direct Air Capture Company CarbonCapture Inc. Announces Equity Investment from Amazon’s Climate Pledge Fund
Direct Air Capture Company CarbonCapture Inc. Announces Equity Investment from Amazon’s Climate Pledge Fund
LOS ANGELES--(BUSINESS WIRE)--Sep 12, 2023--
2023-09-12 21:27
Hollywood Strikes Pose a Credit Risk for $113 Million Muni Deal
Hollywood Strikes Pose a Credit Risk for $113 Million Muni Deal
Municipal-bond investors have to assess an unusual risk as part of a $113 million bond offering next week:
2023-08-17 00:17
Israel Government to Probe Police Use of NSO Group Spyware
Israel Government to Probe Police Use of NSO Group Spyware
Israel’s government established a commission to investigate whether police misused spyware in an inquiry that the attorney general
2023-08-28 00:27