The collapse of FTX was triggered by Binance, investor Kevin O’Leary claimed at a Dec. 14 United States Senate committee hearing about the crypto exchange’s meltdown. O’Leary, who wa...
Tag: Business
DeFi, dApp developer Core Business Holdings goes public in US through ARAX acquisition
ARAX Holdings signed a binding letter of intent and deal terms to acquire 75% of blockchain firm Core Business Holding‘s share capital, the company behind Core Blockchain. As of press time, ARAX whic...
Investors bolting from after Fed speech are too hasty, Jim Cramer says
CNBC’s Jim Cramer on Wednesday said that investors exiting the market after Federal Reserve Chair Jerome Powell’s hawkish speech on Wednesday are acting too rashly. “I have no doubt ...
Kevin O’Leary says Binance put FTX out of business
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Jim Cramer says he likes these 5 consumer staple stocks in 2023
CNBC’s Jim Cramer on Wednesday recommended a slate of consumer staple stocks for 2023. “I’m not entirely convinced that we’re headed for a recession next year, but we’re ...
Record quarter as revenue climbs
Will Marshall, Co-Founder & CEO of Planet Inc., celebrates his company’s listing on the floor of the New York Stock Exchange (NYSE) in New York City, December 8, 2021. Brendan McDermid | Reute...
BQ, XBB omicron subvariants pose serious threat to boosters
Evusheld injection, a new COVID treatment that people can take before becoming symptomatic, in Chicago on Friday, Feb. 4, 2022. Chris Sweda | Tribune News Service | Getty Images The omicron subvariant...
Kevin O’Leary slams Binance for putting FTX out of business
Kevin O’Leary, star of the television show “Shark Tank,” and former advocate of the now-collapsed FTX cryptocurrency exchange, has delved into the possible reasons that pushed the trading platform out...
Fed rate hike pushes business loans over 10% for first time since 2007
With the Federal Reserve’s latest rate hike adding half a percentage point to the cost of debt capital and reaching its highest level in 15 years, the majority of small business loans will hit t...
The Way of Water heads for $175 million box office opening
Set more than a decade after the events of the first film, “Avatar: The Way of Water” tells the story of the Sully family. Disney It’s been more than a decade since James CameronR...
Harry and Meghan becomes Netflix’s biggest-ever documentary debut
Netflix’s series about Prince Harry and Meghan has become the streaming giant’s biggest documentary debut yet. Daniel Leal | Afp | Getty Images Netflix’s documentary series about Bri...
SoFi Technologies, Charter Communications, Delta and more
Delta Airlines Embraer ERJ 170-200 flying above Los Angeles International Airport on Oct. 2, 2022 in Los Angeles, California. AaronP/Bauer-Griffin | Gc Images | Getty Images Check out the companies ma...
Delta, Tesla, Moderna and others
Check out the companies making headlines before the bell: Delta Air Lines (DAL) – Delta jumped 3.8% in the premarket after the airline raised its current quarter forecast and issued an upbeat 2023 out...
Delta 2023 earnings forecast sees ‘robust’ travel demand
Delta Air Lines Airbus A330-300 landing at Athens International Airport AIA ,LGAV / ATH Eleftherios Venizelos, with registration N806NW, a former Northwest Airlines Airplane. Nicolas Economou | NurPho...
Why salaries in the United States don’t keep up with inflation
Inflation in the United States hit a record high in June 2022. Consumer prices soared by 9.1% compared with a year prior — the largest annual increase since 1981. While wages are rising, they’re...
Binance CEO CZ Calls Huge Withdrawals Business as Usual
Exchange News A total of 40,353 Bitcoins and 278,017 Ether tokens were withdrawn. Binance’s native cryptocurrency BNB Coin dropped by 5 percent on Tuesday. On Monday, reports surfaced that the U.S. De...
I like J.M. Smucker over Church & Dwight
Church & Dwight Co Inc: “I’ve got to tell you, some of the other growth stocks in the same category I might as well [buy instead]. J.M. Smucker, that’s a very good company. I thi...
Charts suggest it’s time to buy the dips in oil, Jim Cramer says
CNBC’s Jim Cramer on Tuesday advised investors to put cash to work in oil now that the sell-off is largely over. “The charts, as interpreted by Carley Garner, suggest that the oil speculat...
Jim Cramer goes over the energy stock winners of 2022
CNBC’s Jim Cramer on Monday went over the top-performing energy stocks in the S&P 500 this year. “While energy was the only winning sector this year, all of these stocks have come down...
Crypto and high wages need to crash for Fed to beat inflation
CNBC’s Jim Cramer on Tuesday outlined what needs to happen for the Federal Reserve to finally beat inflation after the monthly consumer price index report showed that prices rose less than expec...
Constellation Energy and Sempra Energy are dependable utility stocks
CNBC’s Jim Cramer on Tuesday offered investors a list of utility stocks he believes should be on their shopping lists. “The utilities are a great place to hide when the economy’s det...
Arctic getting warmer, stormier from climate change: scientists
Martin Leonhard of the East Greenland Ice-Core Project (EastGRIP) operates snow blower putting a new snow floor for the winter-storage weather port tent at EastGRIP camp on August 9, 2022. EastGRIP is...
Sustainable Blockchains: The Future of Eco-Friendly Business Practices – Crypto 2023
Clearly, this technology is nascent, and nobody is saying that blockchain on its own is a panacea for dealing with climate change. Nonetheless, more industries must consider what this technology can o...
Ford boosts production of electric F-150 Lightning pickup truck
Corey Williams, plant manager at Ford’s Dearborn Truck Plant and Rouge electric vehicle center, outlines the automaker’s production plans for the F-150 Lightning electric pickup during a f...
Hotel prices, airfare decline as travel demand cools
The pool at Turtle Bay Resort on Oahu’s North Shore. Amanda Macias | CNBC Consumer prices for hotels, motels and other lodging dropped nearly 5% in November from October, according to the latest...
Boeing airplane deliveries picked up in November
Boeing’s last 747 aircraft, #1574, at its factory in Everett, Washington. Leslie Josephs | CNBC Boeing‘s aircraft deliveries picked up last month with airlines getting more 737 Max and 787...
Dollar General chases suburban shoppers with Popshelf
HENDERSONVILLE, Tennessee — Dollar General‘s next big strategy for growth is tucked in a strip mall in suburban Nashville, and it is coming to other cities soon. It’s a new store called Po...
Electric Ford F-150 Lightning named MotorTrend’s truck of the year
2022 Ford F-150 Lightning Ford DETROIT — The electric Ford F-150 Lightning was named MotorTrend’s 2023 truck of the year Tuesday, topping traditional pickups with internal combustion engines fro...
GM, Stellantis rank worst for fuel efficiency, even amid EV push
GMC vehicles sit on display at the Sterling McCall Buick GMC dealership on February 02, 2022 in Houston, Texas. Brandon Bell | Getty Images DETROIT – General Motors may be transitioning to an all-elec...
The Former FTX CEO Wants To Start A New Business
Sam Bankman-Fried was arrested in the Bahamas. Credit investment firms want to purchase claims from FTX users. Caroline Ellison hired former top SEC crypto regulator The founder and former cryptocurre...