Analysis-FTX Debacle Sparks Investor Rethink Of Battered Crypto Market
By Gertrude Chavez-Dreyfuss and Elizabeth Howcroft NEW YORK/LONDON (Reuters) – With major cryptocurrency exchange FTX on the brink of collapse,…
November 10, 2022
Vaping company Juul cuts 400 jobs amid growing setbacks
WASHINGTON (AP) — Embattled vaping company Juul Labs announced hundreds of layoffs Thursday as the company weathers lawsuits, government bans…
AP source: US authorities investigate crypto exchange FTX
NEW YORK (AP) — The swift collapse of cryptocurrency exchange FTX sent more shockwaves through the crypto world on Thursday,…
Benettons And Blackstone Secure 62.2% Of Atlantia’s Shares As Bid Nears End
MILAN (Reuters) – The Benetton family and U.S. investment fund Blackstone have secured Atlantia shares accounting for 62.2% of its…
Biogen tabs veteran pharma leader Viehbacher as next CEO
Biogen has picked former Sanofi CEO Christopher Viehbacher to become its next leader, as the drug developer continues to recover…
Musk warns Twitter’s survival is at stake as staff quits
Elon Musk warned Twitter employees Thursday to brace for “difficult times ahead” that might end with the collapse of the…
Juul Secures Financing To Avoid Bankruptcy, Plans To Lay Off 400 People – WSJ
(Reuters) – Juul Labs Inc has told employees on Thursday that it has stopped its bankruptcy preparations and is working…
FTX Approaches Crypto Exchange Kraken For Funds – Axios
(Reuters) – FTX has approached Kraken as potential rescue partner, Axios reported on Thursday, citing two people familiar with the…
Fed’s Harker Says Favors Possible Rate Hike Pause When Funds Rate Hits Around 4.5%
By Michael S. Derby (Reuters) – Federal Reserve Bank of Philadelphia President Patrick Harker said Thursday the point where the…
Traders See Fed Getting Less Aggressive After Inflation Report
(Reuters) – Traders on Thursday trimmed bets on interest-rate hikes by the Federal Reserve as a government report showed inflation…