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The Wall Street Journal: Cryptocurrency firms Bitfinex, Tether settle New York AG’s probe for $18.5 million
The New York attorney general’s office settled Tuesday a nearly two-year investigation into the finances and corporate practices of the companies that operates the Bitfinex cryptocurrency exchange and the stablecoin tether......»»
A billionaire New York hedge-fund CEO just dropped $20 million on a Miami Beach mansion as Wall Street firms plan moves to Florida
Third Point CEO Dan Loeb's purchase comes as major financial firms considering moving operations from New York t.....»»
AOC says women are disproportionately scrutinized after Biden"s Treasury pick Janet Yellen reveals she was paid $7 million in speaking fees
Janet Yellen, the president-elect's Treasury nominee, made more than $7 million giving speeches on Wall Street and for companies including Google Rep. Alexandria Ocasio-Cortez. Alex Wong/Getty Images Janet Ye.....»»
Sports gambling is taking a cue from Wall Street, and it could be a problem for sportsbooks
A sports bettor trying to hedge a $1.7 million payout shows the gambling world is taking a page out of Wall Street's book. Ethan Miller/Getty ImagesThis post originally a.....»»
Patriots" owner Robert Kraft sells NYC apartment for $22.5 million
Robert Kraft recently offloaded his luxury New York City apartment, and according to the Wall Street Journal, it went for a pretty penny. Its reported sale price was $22.5 million......»»
Baltimore bridge insurer is reportedly set to write a $350 million check
Chubb is expected to issue $350 million to Maryland in what would be the first payout related to the disaster, The Wall Street Journal reported. The Dali brought .....»»
Passive Income Investors Take Note: Wall Street Has Upside All Over This 4.2% Dividend Stock
After experiencing a slowdown in 2023, M&A activity is on the comeback trail, and that is good news for advisory firms. One of the stocks poised to benefit from the positive momentum is Moelis & Co (NYSE: MC), a global.....»»
Here"s everything we know about how Wall Street is adopting AI
Finance's biggest firms are considering how AI might impact jobs, how it could cut costs, and ramp up efficiencies. .....»»
A Wall Street firm wants to collect a $4 million breakup fee from a banker who never started his job. Judges will soon rule if that"s legal.
A California appeals court will soon rule on whether Jefferies can demand a $4 million breakup fee from a banker who backed .....»»
Kohl"s quarterly results beat Wall Street expectations
Kohl's Corp. on Thursday reported fiscal first-quarter net income of $14 million, after reporting a loss in the same period a year earlier......»»
The Wall Street Journal: Emergent CEO says company made over 100 million doses of J&J vaccine, apologizes for contaminated batch
Emergent BioSolutions Inc. has made enough of a key ingredient to yield more than 100 million doses of Johnson & Johnson’s Covid-19 vaccine, and federal health regulators are evaluating whether to release the shots, Emergent’s chief executive said......»»
Bill Gates reportedly transferred another $850 million in shares to Melinda, taking total transfers since their divorce to nearly $4 billion
Bill Gates transferred $850 million in Deere stock to Melinda French Gates, the Wall Street Journal reported - about 7% of his stake in the co.....»»
Economic Report: A jobs report whodunit: The prime suspects for weak hiring gains in April
How did Wall Street turn out to be so wrong about its forecast for 1 million new jobs in April? Here are the suspects......»»
NewsWatch: A million new jobs? That’s how many Wall Street thinks the U.S. created in April
The U.S. might have created a million jobs in April --- or more --- as the economic recovery spread across the country and reached businesses that suffered the most in the first year of the pandemic......»»
Economic Report: A million new jobs? That’s how many Wall Street thinks the U.S. created in April
The U.S. might have created a million jobs in April --- or more --- as the economic recovery spread across the country and reached businesses that suffered the most in the first year of the pandemic......»»
Under Armour paying $9M for SEC probe resolution
Under Armour Inc. agreed to pay $9 million to settle regulatory claims that it failed to disclose that it was pulling forward orders from future quarters, a practice that allowed it to meet Wall Street's revenue estimates......»»
The Wall Street Journal: Dell to sell its Boomi cloud business to private equity firms
Dell Technologies Inc. struck a deal to sell its Boomi cloud business to private-equity firms Francisco Partners and TPG, part of a larger reordering of the PC and data-storage giant......»»
The Wall Street Journal: Dell may sell its Boomi cloud business to private equity firms
Dell Technologies Inc., is close to a deal to sell its Boomi cloud business to private-equity firms Francisco Partners and TPG, according to people familiar with the matter, part of a larger reordering of the PC and data-storage giant’s business......»»
Tesla reports another quarter of profits that top Wall Street expectations
Tesla also said it made $101 million from selling bitcoin during the period after it bought $1.5 billion worth of the cryptocurrency in February. Tesla reported f.....»»
The Wall Street Journal: GameStop’s outgoing CEO will walk away with millions
It is a lucrative time to be leaving GameStop Corp.’s C-suite as the run-up in the videogame retailer’s share price has enabled four executives to depart with vested stock now valued at roughly $290 million......»»