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
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 06:57
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
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
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 03:57
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 03:25
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 03:20
US Worker Confidence Rebounds as Recession Fears Recede
After months of a steady drumbeat of recession warnings, US workers are seeing glimmers of hope. According to
2023-07-20 23:50
Tylenol Maker Kenvue Sinks on Looming J&J Exchange Offer
Kenvue Inc., the consumer-focused spinoff of Johnson & Johnson that owns brands such as Band-Aid and Tylenol, fell
2023-07-20 23:24
India Bans Some Non-Basmati Rice Exports to Control Prices
India, the world’s biggest rice exporter, banned shipments of non-basmati white rice to maintain domestic prices at comfortable
2023-07-20 22:53
Americans Unseat Chinese as Top Foreign Homebuyers in Singapore
Americans replaced Chinese as the top foreign buyers of private apartments in Singapore, according to OrangeTee & Tie.
2023-07-20 13:53
Spain’s Election Frontrunner Heads For a Deal With the Far-Right
In the quiet hamlet where conservative leader Alberto Nunez Feijoo grew up, his former neighbors fear that the
2023-07-20 12:30