Austrian real estate giant Signa -- whose vast portfolio includes New York's iconic Chrysler building -- on Wednesday announced it would initiate insolvency proceedings, filing for court protection as it undergoes restructuring.
The decision keeps Zhao from playing any role in Binance.US, including in the exchange's governance.
The bank failed to accurately reported answers on demographic data that can be used to identify possible discriminatory practices, CFPB said.
OPEC's Secretary General loudly defended continued investments in oil and gas on Monday, just days before the beginning of COP28 in Dubai.
One of the key issues is the valuation of the Chinese fashion retailer, CNBC reported.
Richard Teng said in his first comments after becoming CEO that Binance is stronger than ever.
German car giant Volkswagen on Monday said that it was considering staff reductions, possibly in the form of early retirement, to help it meet vital cost-cutting targets imposed in its sputtering transition to electromobility.
The Chinese tech giant is scaling back its Nuverse unit, Reuters and CNBC reported.
In recent weeks, small stocks, financials and real estate stocks have led gains on Wall Street as investors bought shares of companies that could benefit from a new investment narrative: declining interest rates and a growing economy.
Union Verdi called on workers at online retail giant Amazon in Germany to go on strike on the annual "Black Friday" shopping extravaganza, in their battle for better working conditions.
Danish pharmaceutical giant Novo Nordisk will announce Thursday a major investment in a French production site to expand capacity for a blockbuster anti-obesity drug, the French presidency said.
OPEC+ pushed its November meeting back by four days in a possible sign of disunity in the oil cartel.
Major oil companies have been making investments in renewable energy and battery technology. While a significant step, recent events suggest it doesn't mean the end of "big oil."
An imminent deal will enable Shell and NGC to jointly operate the field under a 70%-30% ownership, delivering crucial foreign capital to Venezuela via project revenue.
Quarterly sales were below analyst's estimates for both companies
Employees are being communicated of job cuts and organizational changes.
The job cuts were part of the bank's biggest reorganization plan in decades, Reuters reported.
With adequate funding, most fusion companies expect to distribute power in the next 12 years, not 30, and some plan to plug into the network in this decade.
SpaceX on Saturday carried out the second test launch of Starship, the largest rocket ever built that Elon Musk hopes will one day colonize Mars, while NASA awaits a modified version to land humans on the Moon.
A newly-developed lithium extraction technology promises to fix lithium mining, but analysts are cautiously optimistic.
The company said it will sell the production facility as part of the ongoing strategic review of its global manufacturing and supply network.
The partnership with Hyundai includes the use of Amazon cloud services and adding Alexa to cars of the brand.
Global oil prices accelerated their trajectory down from their peak in late September on Thursday.
The study says that young buyers are facing more challenges to afford down payments and mortgages.
The world's largest lithium producing company missed earnings expectations by a wide margin, with YOY revenue dropping more than 50%.
Shares of Walmart fell as the company's forecast indicates slower consumer spending at the end of the year.
The company was also accused of violating a previous order to stop illegal conduct.
Asking prices in the city stayed at the highest level since 2017, according to a StreetEasy report.
The layoffs are part of a plan to simplify the corporate structure, CNBC reported.
The company's third-quarter results beat its own forecasts and analysts' estimates.