Nordstrom closes its San Francisco store after 35 years
Nordstrom closed the doors of its five-story department store in San Francisco on Sunday, ending a 35-year run as the city suffers a retail exodus.
2023-08-28 20:50
Coinbase CEO says complying with SEC request would have been the 'end of the crypto industry in the US'
The Securities and Exchange Commission asked Coinbase to halt trading on all cryptocurrencies except for bitcoin before it sued the company in June, Coinbase's chief executive told the Financial Times.
2023-08-01 02:28
Ed Woodward accepts first job since Man Utd departure
Former Manchester United executive vice-chair Ed Woodward has accepted a first job since departing Old Trafford last year. Woodward has joined the board of educational esports company EStars as a non-executive director. EStars is “at the heart of the fastest-growing sport in the world”, using esports to bring classmates together, both during and after school hours, to foster great academic goals, inclusion, diversity and positive outcomes. Ex-Newcastle, Netherlands and current Norwich goalkeeper Tim Krul has been a shareholder in the company since its inception in 2017 and Woodward explained his decision to accept the new role. He said: “When you put together esports, education and a dynamic region such as the Middle East, where curriculum decisions can be made faster than Europe, it is a recipe for success. “Joining the team is an easy decision when you add the exceptional leadership and entrepreneurial energy of Mags [founder Mags Byrne]. I’m excited about EStars delivering a path of learning for the next generation in the (relatively) new industry of esports.” Having qualified as a chartered accountant and then worked at JPMorgan as an investment banker, Woodward joined Man United in 2005 to oversee their commercial operations, having advised the Glazer family on their purchase of the club. He was appointed to the board of directors in 2008 and became executive vice-chair in 2013 when David Gill retired. He became an incredibly unpopular figure at Old Trafford due to his association with a Glazer regime that fans turned against and despite the £1bn he sanctioned in transfer fees, his tenure is regarded as a failure, with the club struggling on the pitch – in relative terms at least – in the post-Sir Alex Ferguson era. It has been mooted that he could help the Glazer family negotiate any potential sale of Manchester United as the takeover saga drags on. Read More What would a Sir Jim Ratcliffe takeover mean for Manchester United Erik ten Hag unsure what funds will be available to strengthen Man Utd’s squad Louis Van Gaal suggests Ed Woodward’s departure from Man Utd could spell success
2023-05-16 23:59
China hits back in the chip war, imposing export curbs on crucial raw materials
Beijing will impose export controls on two rare elements essential for manufacturing semiconductors, in apparent retaliation after the United States and Europe restricted chip exports to China.
2023-07-04 00:20
Align Ranked in Top 100 of the Channel Futures 2023 MSP 501 List—Tech Industry’s Most Prestigious List of Managed Service Providers Worldwide
NEW YORK--(BUSINESS WIRE)--Jun 27, 2023--
2023-06-27 20:51
Binance, SEC reach agreement to keep US customer assets in country
Binance and the US Securities and Exchange Commission reached an agreement to avoid a full asset freeze of the platform in the US and keep customer assets in the United States, after a US district judge signed off on a consent order filed Saturday.
2023-06-19 02:59
Singapore Home Sales Reach Seven-Month High as Curbs Introduced
Singapore’s home sales jumped to a seven-month high in April, underscoring why authorities introduced fresh measures to cool
2023-05-15 12:49
Ukraine Blames Russia for Dam Blast That Risks Flooding War Zone
Ukraine said Russian forces have blown up a giant dam in the country’s south, unleashing a torrent of
2023-06-06 14:57
BOJ debated risk of being too late in raising rates at April meeting
By Leika Kihara (Reuters) -Bank of Japan (BOJ) policymakers agreed to keep ultra-low interest rates at Governor Kazuo Ueda's debut
2023-06-21 09:22
Ford cutting several hundred white-collar jobs to reduce cost amid transition to electric vehicles
Ford Motor Co. is going through another round of white-collar job cuts as the company continues to reduce costs amid a transition to electric vehicles
2023-06-27 22:45
Europe inflation slips to 5.5% — but that won't stop central bank rate hikes
Inflation in Europe slid again in June but fell too slowly to offer much relief to shoppers grumbling over price tags
2023-06-30 17:20
Ackman Says He’s Short 30-Year Treasuries as Supply Ramps Up
Bill Ackman is making sizable bets on declines for 30-year US Treasuries as a hedge on the impact
2023-08-03 10:45
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