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…
Headlines
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%…
Oil Producer Ithaca Shares Sink In UK’s Largest IPO Of 2022
By Emma-Victoria Farr, Shadia Nasralla and Lucy Raitano LONDON (Reuters) -Ithaca Energy made a lacklustre debut in London on Wednesday…
IMF, Bangladesh reach preliminary deal for $4.5B in loans
DHAKA,Bangladesh (AP) — The International Monetary Fund reached a preliminary agreement on Wednesday with Bangladesh to provide $4.5 billion to…
Adidas’ breakup with Ye drives lower earnings outlook
FRANKFURT, Germany (AP) — Adidas on Wednesday lowered its earnings forecast for the year to account for losses from ending…