FTX Turmoil Causes Crypto Concern, Sending Token Prices Sliding
By Selena Li, Tom Westbrook and Elizabeth Howcroft SINGAPORE/LONDON/NEW YORK (Reuters) – Investors fretted on Wednesday about the financial health…
2022
Kohl’s CEO Gass To Leave For Top Job At Levi Strauss
By Uday Sampath Kumar (Reuters) -Kohl’s Corp boss Michelle Gass is leaving to take the helm at Levi Strauss &…
Roblox Corp Shares Fall On Wider-than-expected Loss
(Reuters) -Roblox Corp reported a larger-than-expected quarterly loss on Wednesday, as the gaming platform spent more on hiring and its…
Redfin to cut another 13% of workforce, shutter RedfinNow
WASHINGTON (AP) — Online real estate broker Redfin is cutting 862 employees and shutting down its instant-cash-offer subsidiary RedfinNow, another…
Cryptocurrencies Fall After FTX-Binance Turmoil Spooks Investors
By Selena Li, Tom Westbrook and Elizabeth Howcroft SINGAPORE/LONDON (Reuters) -Cryptocurrencies saw a second day of sharp declines on Wednesday,…
Cryptocurrencies plunge as Binance scraps deal for rival FTX
NEW YORK (AP) — Cryptocurrency prices plunged for a second-straight day after crypto exchange Binance said it was pulling out…
German economy to shrink in 2023, government advisers expect
BERLIN (AP) — The German government’s panel of independent economic advisers forecast Wednesday that Europe’s biggest economy will shrink by…
EU proposes more forgiving debt plans a decade after crisis
BRUSSELS (AP) — The European Union is considering more lenient economic recovery proposals that veer away from the grinding, top-down…
Roblox Corp Reports Bigger Loss Than Expected
(Reuters) – Roblox Corp on Wednesday reported a bigger loss than expected, sending shares down 14% in premarket trading. The…
Pipeline Operator TC Energy Posts Higher Profits, Looks To Sell Assets
By Rod Nickel and Arunima Kumar (Reuters) -North American oil and gas pipeline company TC Energy Corp reported an 8%…