Bill Ackman Says Icahn ‘Somewhat’ Like Archegos as Stock Plunges Anew
Bill Ackman said Hindenburg Research has “outed” the way billionaire Carl Icahn runs his publicly traded company and
2023-05-25 18:28
As Trump’s Classified Documents Probe Wraps Up, Potential Charges Are Near
Special Counsel Jack Smith is wrapping up his investigation into former president Donald Trump’s refusal to return classified
2023-05-25 17:24
Europe’s Banks Say They’re Back. So Why Doesn’t Anyone Buy Their Shares?
PacWest Bancorp lost $1 billion in one quarter, saw its stock drop 89% in two months, and has
2023-05-25 17:22
Germany Suffers Winter Recession on Bleaker First Quarter
Germany suffered a winter recession, fresh data showed, extinguishing hopes that Europe’s top economy could escape such a
2023-05-25 14:57
Billionaire Reuben Brothers Win Battle Over Russian Fraud
A New York court has found that the billionaire Reuben brothers were defrauded by a family friend of
2023-05-25 14:28
Argentina Seeks Bigger China Swap Line to Curb Peso Selloff
Argentina’s government is asking China for an expansion of its bilateral currency swap in yuan as it seeks
2023-05-25 12:17
Singapore Says Aspects of US-China Rift ‘Appear Insurmountable’
The widening rift between the world’s two biggest economies, the US and China, now looks in some regards
2023-05-25 11:54
McCarthy Signals Debt Deal Optimism as US Put on Credit Watch
House Speaker Kevin McCarthy’s optimism that White House and GOP negotiators would reach a deal in time to
2023-05-25 10:45
US AAA Credit Rating May Be Cut by Fitch on Debt-Limit Impasse
Fitch Ratings said it may downgrade US credit ratings to reflect the worsening political partisanship that’s preventing a
2023-05-25 07:48
Nvidia Soars After AI-Fueled Forecast Shatters Expectations
Nvidia Corp., the world’s most valuable chipmaker, jumped in late trading after booming demand for artificial intelligence processors
2023-05-25 06:56
Connecticut’s New Haven Commuter Rail Line to Manhattan Faces Possible Cuts
Connecticut residents may see reduced commuter-rail service to Manhattan if state lawmakers cut funds that help the Metropolitan
2023-05-25 05:55
Fed Signals Readiness to Act in Case of Debt-Limit Instability
Federal Reserve policymakers suggested that they viewed with concern the partisan standoff over the debt limit, with “a
2023-05-25 03:48