Michael Burry Exits Alibaba, JD.com Stakes in Portfolio Overhaul
Michael Burry’s Scion Asset Management exited its stakes in Alibaba Group Holding Ltd. and JD.com Inc. in the
2023-08-15 04:22
Zero-Day Options Cement Presence in Reversal-Ridden Stock Market
The craze for fast-expiring options is ramping to unprecedented heights in a stock market that has lately been
2023-08-15 04:22
Bankman-Fried charged with using stolen customer funds for $100 million in US political donations
(Reuters) -Sam Bankman-Fried used stolen customer funds to make more than $100 million in campaign contributions ahead of the 2022
2023-08-15 04:21
Tudor, Adage Capital among hedge funds making bets on NYC office space
By David Randall NEW YORK Basswood Capital, Adage Capital Partners and Paul Tudor Jones' Tudor Investment Corp were
2023-08-15 04:17
Grove Collaborative Changes CEO, Raises $10 Million After SPAC Flameout
Grove Collaborative Holdings is replacing its longtime chief executive officer after the seller of household essentials struggled since
2023-08-15 04:17
'Complete meltdown': Driverless cars in San Francisco stall causing a traffic jam
San Francisco residents were caught off guard this weekend after Cruise self-driving cars caused a traffic jam, according to social media posts. The obstruction came a few days after California regulators approved robotaxi companies to operate their driverless cars 24/7 throughout the city.
2023-08-15 03:45
UBS to pay $1.44 billion to settle 2007 financial crisis-era mortgage fraud case, last of such cases
UBS will pay U.S. authorities $1.44 billion to settle the last lingering legal case over Wall Street’s role in the housing bubble of the early 2000s, which ultimately led to the 2008 financial crisis and Great Recession
2023-08-15 03:27
FDIC Chair Gruenberg calls for tougher regulations on large regional banks
The chair of the Federal Deposit Insurance Corporation wants more aggressive oversight of large regional banks.
2023-08-15 03:23
Esmark Offers to Buy US Steel for Cash, Trumping Cliffs
Esmark Inc. has offered to buy United States Steel Corp. for $35 a share, trumping an earlier bid
2023-08-15 03:20
Biden urges UAW and Big Three automakers to reach deal to avoid strike
President Joe Biden sought to ramp up pressure on the United Auto Workers union and the nation's three unionized automakers -- Ford, General Motors, and Stellantis, known as the "Big Three" -- one month ahead of a critical deadline for labor talks.
2023-08-15 03:18
Goldman, BofA Tap High-Grade Bond Market Before Summer Lull
Bank of America Corp., Goldman Sachs Group Inc. and regional lender Huntington Bancshares Inc. brought fresh debt offerings
2023-08-15 03:18
How -- and when -- is best to donate to those affected by the Maui wildfires?
The destruction and suffering caused by the Maui wildfires in Hawaii prompted many to immediately look for ways to help
2023-08-15 03:17