BlockFi and 3AC have been allowed to proceed with their settlement, but the details of which will remain confidential for several reasons that include the defunct crypto hedge fund's ongoing bankruptcy proceedings.
French group TotalEnergies reported on Wednesday the highest profit of its history for 2023, underpinned by performances in its liquefied natural gas and electricity divisions.
The former CEO of WeWork is leading a bid to acquire the company out of bankruptcy, with backing from investors like Third Point.
The SEC just scored a win in its case against Ripple as the crypto firm has been ordered to share its sensitive financial information with the regulator.
The Oversight Board said in a Monday statement that Meta's Manipulated Media policy needs to be reconsidered after a review of an edited video of President Joe Biden.
Game giant Nintendo raised its annual net profit forecast on Tuesday, saying the weak yen and steady sales of the Switch console, now in its seventh year, would boost earnings.
Japan's Toyota raised its annual net profit forecast to a record high on Tuesday and reported strong sales in all regions in the first three quarters as the global semiconductor shortage eases.
Swiss banking giant UBS will on Tuesday report its first full-year results since swallowing rival Credit Suisse, with investors keen for details on a US-centered growth strategy hinted at by the mega-bank.
Warren Buffett's unconventional $75 billion investment in Berkshire Hathaway shares over five years has significantly increased shareholder value.
A hacker claims to have access to the data of users on several crypto exchanges and social media platforms through KodexGlobal, a supposedly "secure" communications network for law enforcement and regulators.
Amazon said a company filing Friday that its founder had adopted a trading plan to sell up to 50 million shares over a period ending Jan. 31, 2025.
A U.S. court has charged three individuals for staging a SIM-swapping hack that reportedly victimized FTX, Sam Bankman-Fried's fallen crypto exchange.
Tech layoffs continue after about 100 tech companies, including Google, Meta, Amazon, Microsoft, Salesforce and TikTok, kicked off 2024 by collectively letting go of thousands of employees within the first four weeks of the year.
This dip adds to concerns following New York Community Bancorp reporting challenges in its commercial real estate (CRE) portfolio, raising apprehensions about the industry's overall health.
The U.S. Department of Defense's expanded list, while not imposing immediate bans, carries reputational risks for listed Chinese companies, aligning with the strategy to limit American tech contributions to China's military and cautioning U.S. entities about associated risks.
Publicis Health, part of the French advertising giant Publicis, worked with Purdue Pharma between 2010 and 2019 on marketing material to promote OxyContin and other drugs, New York Attorney General Letitia James said in a press release.
FTX, the collapsed crypto exchange founded by Sam Bankman-Fried, said it has abandoned plans to relaunch and will instead focus on liquidating assets so it can repay customers.
Hackers stole over $200 million worth of XRP from a crypto wallet whose ownership is unclear, and Ripple's CEO has since confirmed that some of his non-Ripple "personal" wallets were accessed.
Deutsche said it plans to cut around 3,500 jobs over the next two years, "mainly in non-client-facing areas".
The company, which already operates in more than 4,600 stores across the country and nearly 600 Sam's Club warehouses, aims to extend its footprint further.
Terraform Labs, the blockchain firm behind the TerraUSD (UST), said Tuesday that its Chapter 11 bankruptcy filing would also help keep the Terra network's operations rolling.
Online betting giant Flutter this week took the first step to switch its main listing from London to New York, in a fresh post-Brexit blow to the City finance district.
Samsung Electronics on Wednesday reported a 34.57 percent drop in operating profits for the fourth quarter of 2023, as the company struggles with weak demand for consumer devices.
Despite positive economic indicators, the recent surge in layoffs suggests a nuanced interplay between workforce dynamics and corporate strategies.
Crowds on Demand excels in turning regular campaigns into extraordinary movements with inventive PR stunts and large-scale events, even in challenging logistics.
The law firm attributes its exponential growth to fostering a positive work environment and proudly holds the 2022 and 2023 Best Places to Work Awards.
Shares in Swiss construction giant Holcim surged on Monday after it announced plans to fully spin off its North America business.
Navigate layoff anxiety by separating fact from fiction to building resilience amid economic uncertainty.
To businesses seeking to optimize business decisions with the help of AI, transparency matters.
Swiggy is planning an IPO later in 2024, and it is looking to reduce cash burn from its Instamart grocery unit so it can present the "best possible numbers" when it goes public.
