Dollar jumps, oil slides on China worries
By Pete Schroeder WASHINGTON (Reuters) – The U.S. dollar hit its highest levels in more than a month on Monday…
August 2023
Crypto lender Celsius sends bankruptcy plan to creditor vote
By Dietrich Knauth NEW YORK (Reuters) – Crypto lender Celsius Network on Monday received a U.S. bankruptcy judge’s permission to…
Kellogg, Kashi defeat appeals over products’ protein content
By Jonathan Stempel (Reuters) – Kellogg and its Kashi unit have defeated appeals seeking to revive two proposed class actions…
US FDA approves Pfizer’s blood cancer therapy
By Bhanvi Satija and Pratik Jain (Reuters) -The U.S. Food and Drug Administration on Monday granted accelerated approval to Pfizer’s…
Bankman-Fried heads to Brooklyn jail notorious for poor conditions
By Luc Cohen NEW YORK (Reuters) -Sam Bankman-Fried will prepare for his fraud trial from a Brooklyn jail where inmates…
Tudor, Adage Capital among hedge funds making bets on NYC office space
By David Randall NEW YORK (Reuters) – Basswood Capital, Adage Capital Partners and Paul Tudor Jones’ Tudor Investment Corp were…
US hedge funds stampede out of China in Q2
By Carolina Mandl NEW YORK (Reuters) – U.S.-based hedge fund investors including Coatue, D1 Capital and Tiger Global cut their…
US FTC fines Experian unit for spamming consumers
By Jonathan Stempel (Reuters) -A unit of the Experian credit reporting bureau agreed to pay a $650,000 civil fine to…
Esmark makes $7.8-billion offer for U.S. Steel Corp
(Reuters) -Esmark, a privately held company, said on Monday it had made an offer to buy U.S. Steel Corp for…
Hawaiian Electric Industries shares plunge amid deadly Maui wildfire scrutiny
(Reuters) -Hawaiian Electric Industries’ shares plunged nearly 40% to a 13-year low in early trading on Monday amid growing scrutiny…