Topline Credit Suisse on Tuesday disclosed it found “material weaknesses” in its financial reporting processes for 2021 and 2022 that could have resulted in “misstatements” of financial results, marki...
Tag: Material
Credit Suisse finds ‘material weaknesses’ in financial reporting, says outflows ‘not yet reversed’
The logo of Credit Suisse Group in Davos, Switzerland, on Monday, Jan. 16, 2023. Bloomberg | Bloomberg | Getty Images Credit Suisse on Tuesday said its net asset outflows had declined but “not y...
Credit Suisse Finds ‘Material Weakness’ in Reporting Since 2021
(Bloomberg) — Credit Suisse Group AG said it is adopting a new plan to fix “material weaknesses” in its reporting and control procedures for the past two years, following a fresh review of its f...
Tesla Signs Battery Material Deal With Korea’s L&F
Tesla investors are having a busy week and it’s only Tuesday. Ahead of the week’s main event, an analyst day on Wednesday, investors have to digest news about batteries as well as EV demand in China a...
Material Issue Members Set For Q&A Screenings As ‘Out Of Time’ Blu-Ray Nears Release
Ted Ansani (left) and Mike Zelenko (right) of Material Issue pose prior to a screening of the … [+] arvonia films documentary ‘Out Of Time: The Material Story.’ December 2, 2021 at L...
Tether and INHOPE Join Forces to Fight Child Abuse Material Online
Tether is hoping that by collaborating with INHOPE, it will be possible to increase the visibility of bitcoin payments used in content marketplaces that promote child abuse and make it simpler for aut...
Tesla Locks Battery Material Supply; This Lithium Stock Soars| Investor’s Business Daily
Telsa (TSLA) amended its supply agreement with Piedmont Lithium (PLL) on Tuesday. The new deal secures the electric vehicle maker’s lithium deliveries for the next three years. PLL stock spiked ...
A Crypto Holiday Special: Past, Present, And Future With Material Indicators
2022 is coming to an end, and our staff at Bitcoinist decided to launch this Crypto Holiday Special to provide some perspective on the crypto industry. We will talk with multiple guests to understand ...
Sites selling child abuse material for crypto taken down
An international investigation took down two communities and one crypto-powered market dedicated to exchanging child sexual abuse material on the deep web. An international joint investigation led by ...
Western Digital Could See Material Cash Drawdown In 2023, Analyst Says
Benchmark analyst Mark Miller reiterated Sell on Western Digital Corp (NASDAQ: WDC) with a $28 price target. At recent conferences, Western Digital provided updates for investors. The firm continues t...
FTX logos and promotional material still everywhere despite bankruptcy proceedings
Before its liquidity issues and bankruptcy filing in November, FTX was well known for its prolific stance on making sponsorship deals. Even with many in and out of the space now associating the exchan...
Coinbase CEO Brian Armstrong Says Crypto Exchange Has Zero Material Exposure to FTX or FTT
The chief executive of Coinbase is making it crystal clear to stakeholders that the top US-based crypto exchange has no investments in its troubled competitor FTX. Brian Armstrong tells his 1.1 millio...
Coinbase says it has no material exposure to FTX or FTT
Coinbase CEO Brian Armstrong aimed to ease jitters triggered by news that FTX would sell its non-U.S. assets to Binance amid a liquidity crunch by saying the exchange he runs has no material exposure ...
Jeep-maker Stellantis expects raw material inflation to ease next year
Engines undergo a final inspection at the Stellantis Dundee Engine Complex on August 18, 2022 in Dundee, Michigan. Bill Pugliano | Getty Images Automaker Stellantis expects inflation costs on raw mate...
This Material Could Reduce CO2 From Coal Plants After Record Emissions Last Year, Study Finds
Topline Researchers at the National Institute of Standards and Technology (NIST) say that a material called aluminum formate could be used to scrub carbon dioxide from power plant smokestacks before i...
Shocking: Websites accepting crypto for child abuse material rise in 2022
The number of websites selling child sexual abuse material for crypto has doubled yearly since 2018. According to the data shared by the Internet Watch Foundation (IWF), a charity foundation aiming to...
‘Material risk’ looms over stocks as investors face bear market’s ‘second act’
Stock-market investors have been adjusting to the jump in interest rates amid high inflation, but they have yet to cope with profit headwinds faced by the S&P 500, according to Morgan Stanley Weal...
Grayscale terminates Bitcoin trust material agreements with Genesis
According to a recent filing with the U.S. Securities and Exchange Commission (SEC), Grayscale Investments has terminated two agreements with cryptocurrency broker Genesis around its Grayscale Bitcoin...
Bank of England responds to ‘material risk to UK financial stability’, causing 10-year yields to drop by 40 bps
The UK’s so-called ‘mini-budget’ sparked market volatility last seen during the 2008 financial crisis and the Covid-19 crash. Namely, a package of tax cuts possibly totaling £45 billion (~$47.59 billi...
Revolut Said to Be Under Pressure From Regulator Over Risk of ‘Material Misstatement’ in Auditing: Report
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Coinbase Could Be a Material ‘Beneficiary’ of Ethereum’s Merge Transition, JPMorgan Analyst Says – Finance Bitcoin News
JPMorgan analyst Kenneth Worthington says digital currency exchanges like Coinbase will end up being a meaningful “beneficiary” of Ethereum’s long-awaited transition from proof-of-work (PoW) to proof-...
Trump’s Lawyer Reportedly Told DOJ After June Visit That All Classified Material Had Been Returned From Mar-A-Lago
Topline A member of President Donald Trump’s legal team signed a document saying that declared all classified material that had been stored at Mar-a-Lago had been returned to the government following ...
China’s Cyberspace Administration issues warning on promotional cryptocurrency material
The Cyberspace Administration of China (CAC) issued a new warning about “illegal information, accounts and websites” promoting cryptocurrency on August 9. CAC on a mission to clean up cryptocurrency p...
Vital TSMC Supplier Warns of Chip Material Price Hikes Into 2023
(Bloomberg) — Japanese chemicals supplier Showa Denko K.K. expects to further raise prices and cut back unprofitable product lines as it grapples with a barrage of economic challenges confrontin...
Dogecoin Increasingly Tied To Terrorism And Child Sex Abuse Material, Research Shows
Dogecoin, Elon Musk’s favorite cryptocurrency, is now being utilized in a greater number of illegal acts, according to a new analysis. The token’s value and popularity have risen dramatically in recen...
Electric vehicle raw material costs doubled during pandemic
Workers inspect a Rivian R1T electric vehicle (EV) pickup truck on the assembly line at the company’s manufacturing facility in Normal, Illinois, US., on Monday, April 11, 2022. Jamie Kelter Dav...
Elon Musk Accuses Twitter of ‘Material Breach’ of Agreement — Threatens to End $44B Deal – Featured Bitcoin News
Tesla and Spacex CEO Elon Musk believes that Twitter is in material breach of the merger agreement with him, so he has the right to terminate the deal. The social media giant has refused to provide cr...
Elon Musk Claims Twitter Is in ‘Material Breach’ of $44 Billion Deal Over Refusal to Provide Info on Fake Accounts
Elon Musk slammed Twitter as “actively resisting and thwarting his information rights (and the company’s corresponding obligations)” under the billionaire’s $44 billion deal to acquire the company, be...
CFTC Charges Gemini for Providing ‘Material False’ Statements on Bitcoin Futures Product
On Thursday, the Commodity Futures Trading Commission (CFTC) filed a complaint against Gemini Trust Company LLC, led by the Winklevoss twins in the U.S. District Court for the Southern District of New...
Jan. 6 Committee Will Release ‘Previously Unseen Material’ In Hearing Next Week
Topline The House committee investigating last year’s Capitol riot plans to offer new evidence and witness testimony in a prime-time hearing next week, the first of several public hearings that the co...