Lawyers representing 3M Co. ’s bankrupt Aearo Technologies LLC subsidiary defended its request to a bankruptcy judge to extend a litigation stay to the parent company to resolve mass earplug lawsuits,...
Tag: Pro
Pro: Bitcoin’s region of maximum pressure likely in the $10K-$14.5K range
On-chain analyst Cauê Oliveira says benchmark cryptocurrency Bitcoin (BTC/USD) could see “maximum pressure” later in the year, highlighting the region around $14,500-$10,000 as the likely bottom for t...
J&J Unit Tells Appeals Court Only Bankruptcy Can Settle Talc Claims
A Johnson & Johnson subsidiary urged a federal appeals court to uphold the controversial legal strategy it used to move to bankruptcy roughly 38,000 lawsuits linking its talc-based products to can...
Endo International Files for Bankruptcy to Weather Opioid Lawsuits
Endo International PLC became the latest pharmaceutical company to file for bankruptcy under the weight of lawsuits alleging it played a role in fueling the opioid crisis. The drugmaker, domiciled in ...
Judge Knocks 3M Bankruptcy Strategy for Military Earplug Lawsuits
A federal judge criticized 3M Co. ’s attempt to use the protections of chapter 11 to resolve mass injury claims by U.S. military veterans, but will allow a bankruptcy court to decide whether to shield...
Dollar Softens as CPI Data Changes Fed Rate-Hike Expectations
Updated Aug. 10, 2022 1:36 pm ET | WSJ Pro 13:24 ET – Weaker-than-expected CPI has changed the market’s view of the Fed’s rate-increase trajectory over the next year or so, Bruce Clark, senior m...
Pro Skateboarder Leo Baker’s Newest Trick: Sticking To Business
Leo Baker attends the World Premiere of Netflix’s “Stay On Board: The Leo Baker Story” at Directors … [+] Guild Of America on July 21, 2022 in Los Angeles, California. Photo by...
Crypto.com Secures Virtual Assets Service Pro…
Cryptocurrency exchange Crypto.com continues its global expansion after securing approval to operate as a virtual asset service provider (VASP) in the Cayman Islands. Singapore-based crypto exchange C...
Ethereum Founder Vitalik Buterin Not Concerned About Pro- PoW Individuals
The highly-awaited Ethereum upgrade dubbed ‘The Merge’ has kept crypto enthusiasts on the edge of their seat. Naturally, the most excited of all is Ethereum founder Vitalik Buterin. To the unfamiliar,...
Sandy Hook Families Accuse Alex Jones of Diverting Funds From Infowars Parent Company
Families of Sandy Hook victims who are suing Alex Jones for defamation accused the conspiracy theorist of siphoning significant amounts of money from Infowars’ parent company before he put the busines...
Voyager Bankruptcy Puts US Pro Women’s Soccer Player Payouts at Risk: Report
Players in the US National Women’s Soccer League (NWSL) are reportedly set to miss out on the promised payouts of a deal with crypto broker Voyager after the firm went bankrupt. The league has told pl...
Lucas Oil Pro Motocross And Monster Energy Supercross Partner To Create SuperMotocross World Championship
Outdoor Pro MX and Supercross have partnered to create the SuperMotocross World Championship. (Photo … [+] by Andrew Bershaw/Icon Sportswire via Getty Images) Icon Sportswire via Getty Images In...
For Crypto Customers, a Long Battle Ahead in Bankruptcy
Millions of customers of crypto platforms Voyager Digital Holdings Inc. and Celsius Network LLC have been thrust into a potentially long and painful battle in bankruptcy trying to retrieve their money...
Alex Jones Puts Infowars’ Parent Company Into Bankruptcy During Texas Defamation Trial
Alex Jones put the company behind his Infowars conspiracy site into bankruptcy on Friday as the broadcast host stands trial in Texas to determine how much he owes the families of Sandy Hook victims fo...
Pro explains why FedEx shares are worth owning amidst macro headwinds
FedEx Corporation (NYSE: FDX) is trading at deep discount versus peers, which makes the stock worth owning here, says Elizabeth Evans. She’s a Managing Partner at Evans May Wealth. FedEx shares have m...
Bitcoin struggles to flip $24K to support, but data shows pro traders stacking sats
Bitcoin (BTC) rallied on the back of the United States Federal Reserve’s decision to hike interest rates on July 27. Investors interpreted Federal Reserve chairman Jeremy Powell’s statement as m...
WNBA Star Sue Bird Sees Growth In Women’s Pro Soccer, Buys Stake In New York-Area Team
WNBA star Sue Bird will play her final regular-season home game in Seattle against the Las Vegas Aces on August 7. Getty Images Sue Bird, nearing retirement, announced she’s buying a minority stake in...
Pro Bitcoin traders are uncomfortable with bullish positions
The previous $19,000 Bitcoin (BTC) support level becomes more distant after the 22.5% gain in nine days. However, little optimism has been instilled as the impact of the Three Arrows Capital (3AC), Vo...
Fed’s Bullard Raises Target for Year-End Funds Rate
Federal Reserve Bank of St. Louis President James Bullard said Friday that unexpectedly high inflation calls for a more aggressive path of short-term interest rate rises this year. Inflation “has come...
Wells Fargo Q2 profit down 48%: Pro explains why stock is ‘very attractive’
Shares of Wells Fargo & Co (NYSE: WFC) are up 8.0% on Friday even after the financial services company reported a 48% hit to its Q2 profit and revenue that came in shy of Wall Street estimates. We...
Celsius Owes Users More Than $4.7 Billion
Celsius Network LLC has a roughly $1.2 billion hole in its balance sheet, with the majority of its liabilities owed to the cryptocurrency lender’s users, according to a Thursday filing by Chief Execut...
Pro Shares Launches “Anti” Bitcoin ETF Product
Bitcoin is getting stabbed in the back by a company that at one point, really seemed to promote it. That company is Pro Shares, the firm that ultimately unveiled the world’s first ever bitcoin futures...
Endo Moving Toward Bankruptcy Filing Without Opioid Settlement Deal
Endo International PLC is moving toward a bankruptcy filing, potentially setting off intense conflicts with state and local governments that have sued the pharmaceuticals company for its alleged role ...
Ducati Enters NFT and Web3 Sector in Collaboration With NFT Pro
10 hours ago | 2 mins read NFT News Ripple will deploy XRPL as part of Ducati’s subsequent blockchain deployments. Opportunities in Web 3.0 activities will be built over the next several months. The r...
Bank of Mexico Minutes Show Board Open to More 0.75-Point Rate Increases
MEXICO CITY—Bank of Mexico governors all agreed to raise the reference interest rate by three-quarters of a percentage point last month to rein in inflation, and most are willing to consider further i...
Fed’s James Bullard Says 0.75-Point July Rate Rise Is Likely
Federal Reserve Bank of St. Louis President James Bullard said he is ready to follow the U.S. central bank’s supersize June rate rise with the same thing at the end of this month. “Our goal has been t...
Ducati And NFT Pro Have Joined Forces To Deploy NFTs On Ripple
– Advertisement – Ducati Has Entered Into A Partnership With NFTs Pro In Order To Deploy NFTs On Ripple. In conjunction with NFT PRO, the leading corporate white-label NFT solution for...
Bitcoin Premium spikes thanks to Coinbase Pro Buyers
Reports from blockchain analytics company CryptoQuant shows that Coinbase Premium Index entered positive territory for the second time since April 2022. The index first increased on June 30 to a high ...