Crypto exchange Binance to buy rival FTX in apparent bailout
NEW YORK (AP) — The cryptocurrency exchange Binance said it plans to buy its rival FTX Trading, in the latest…
2022
EU’s Call of Duty: Probe Microsoft-Activision Blizzard deal
BRUSSELS (AP) — The European Union has launched an investigation into Microsoft’s planned takeover of video game giant Activision Blizzard,…
Consumers Turn To Credit Cards, Loans As Costs Soar – Report
(Reuters) – More consumers opted for credit cards and unsecured loans in the third-quarter from a year earlier amid decades-high…
Germany may block sale of chip factory to Chinese-owned firm
BERLIN (AP) — The German government may decide this week to block the sale of a chip factory to a…
Kohl’s CEO steps down to take president role at Levi Strauss
NEW YORK (AP) — Michelle Gass, CEO of department store chain Kohl’s, is stepping down from her role early next…
Adidas appoints boss of rival Puma as CEO after Ye fallout
BERLIN (AP) — Adidas has appointed Bjørn Gulden, the CEO of rival Puma, as its new chief executive, and he…
Bid for new trial fails, Elizabeth Holmes awaits sentencing
SAN JOSE, Calif. (AP) — A federal judge rejected a bid for a new trial for disgraced Theranos CEO Elizabeth…
Diamondback Energy Sees U.S. Shale Oil Gains Slowing, Costs Rising
By Liz Hampton (Reuters) – Oil producer Diamondback Energy said the U.S. shale industry will struggle to continue to expand…
China’s Biggest Air Show Opens Under Cloud Of Zero-COVID Policy
BEIJING (Reuters) -A scaled-down version of China’s biggest air show opened on Tuesday, with some delegates unable to attend because…
Tesla Recalls 40,000 U.S. Vehicles Over Potential Loss Of Power Steering Assist
By David Shepardson WASHINGTON (Reuters) -Tesla Inc is recalling just over 40,000 2017-2021 Model S and Model X vehicles that…