Berkshire Rail, Insurance Units Earnings Slip on Weak Demand

(Bloomberg) — Warren Buffett’s Berkshire Hathaway Inc. reported weaker results in some of its key businesses, underscoring fears the US economy is facing a bumpy road ahead. But that didn’t dent...

Uber Freight cuts 150 jobs, about 3% of the unit’s headcount

Uber Freight has laid off 150 employees, or about 3% of the segment’s total headcount. The layoffs impact the division’s Digital Brokerage team, Uber Freight CEO Lior Ron said in a Monday ...

China tightens media control with tiny stakes in two Alibaba units

Alibaba completed its acquisition of video platform operator Youku Tudou in 2016. Pictured here is an old version of the Youku logo. Sopa Images | Lightrocket | Getty Images BEIJING — State-backed ent...

Judge Rules for FTX to Sell LedgerX, Other Units as Hundreds of Buyers Express Their Interest

Interested buyers may officially begin to indicate their interests between January 18 and February 1. Bankruptcy judge John Dorsey has cleared FTX to sell four of its key units in its bid to raise fun...

FTX Cleared to Sell LedgerX, Japanese Units by Bankruptcy Judge

In formal terms, the judicial decision allows bids, an auction, and a sales hearing to take place, with permission for any actual transaction to come later. Judge John Dorsey of the Delaware Bankruptc...

FTX Granted Permission to Sell Four of its Units

The bankruptcy judge allowed FTX to sell four key business divisions, including LedgerX, Embed, and two of its regional subsidiaries. The new team at FTX led by John J. Ray III might have achieved a m...

FTX gets judge’s approval to start selling LedgerX and other units

Collapse crypto exchange FTX got the judicial green light to begin selling parts of its business, the next step in raising money to repay its more than one million creditors. LedgerX, Embed and ...

Around 117 Parties Interested in Buying FTX Units, Court Documents Show

As of Sunday, “approximately 117 parties, including various financial and strategic counterparties globally, have expressed interest to the debtors [FTX] in a potential purchase of one or more of the ...

FTX units on auction block draw 117 interested buyers: Court filing

As many as 117 parties have expressed interest in buying up one or more of FTX’s independently operated subsidiaries including FTX Japan, FTX Europe, LedgerX and Embed, according to a court filing. Th...

US trustee objects to FTX’s planned sale of LedgerX and other units: Reuters

A U.S. trustee  filed an objection to FTX’s plan to sell the company’s LedgerX as well as FTX units in Europe and Japan. FTX filed for bankruptcy protection in November, amid mountin...

Siemens Healthineers, GE Healthcare Studying Potential Deals With Medtronic’s Spun Off Units

Siemens Healthineers AG (OTC: SMMNY) (OTC: SEMHF) and General Electric Company’s (NYSE: GE) healthcare arm are reportedly weighing the potential acquisition of Medtronic Plc’s (NYSE: MDT) ...

Genesis says plan to resolve lending unit’s woes could take ‘weeks’

Genesis said in a client letter Wednesday that work on a plan to address issues in its lending unit will take weeks rather than days.  The crypto lender wrote that it was working “in consu...

Almost 50K BTC Units Have Been Moved Out of Coinbase

Bitcoin experienced a significant drop in mid-October of this year after roughly 48,000 units were moved out of Coinbase, one of the world’s leading and most popular digital currency trading platforms...

3M Earns Quick Appellate Review of Earplug Unit’s Bankruptcy Shield

A federal appeals court granted 3M Co. ’s request to review a bankruptcy judge’s refusal to stop mass injury lawsuits from proceeding against the conglomerate following the chapter 11 filing of its ea...

Philippine Billionaire Ayala, Gokongwei Families To Merge Banking Units

People walk past a branch of the Bank of the Philippine Islands (BPI) in Manila on June 8, 2017. ELOISA LOPEZ/AFP via Getty Images Bank of the Philippine Islands (BPI)—controlled by the country’s olde...

Graphic Processing Units Drop in China After the Ethereum Merge – crypto.news

Graphic Processing Units in China have plunged below their lowest levels today. The drawdowns come amid the merge of Ethereum, which is said to have been the effect of the drop.  The Most Dominant GPU...

‘I would not have been able to do it without him’: I built a property portfolio with 23 units while we were dating. How much should I give to my fiancé in our prenup?

I’m about to marry a wonderful man. I built an investment portfolio of 23 units while we were dating. Now we’re questioning how to create a prenuptial agreement. Over the years, I have identified, pur...

The Defense Innovation Unit’s ‘Private Money’ Approach Aims to Produce Reusable Hypersonic Test Aircraft Fast

Hermeus’ quarter-scale “Quarterhorse” is the kind of privately funded hypersonic test aircraft DIU … [+] is seeking for its HyCAT initiative. Hermeus Blazing speed at blazing t...

AMC’s new ‘APE’ units are a meme-friendly way to raise cash fast

AMC Entertainment has embarked on a meme-friendly experiment to give a token reward to its retail investor base while also creating a backdoor way to raise more cash down the line. The theater chain&#...

AMC shares tank 30% as Regal Cinemas owner warns of potential bankruptcy, APE units begin trading

Shares of theater chain and meme trader favorite AMC fell sharply on Monday as a rival warned of potential bankruptcy and a new preferred share class hit the market. AMC was down 31% on Monday morning...

AMC shares slide 33% ahead of start of trading for preferred equity units, or Apes

AMC Entertainment Holdings Inc. shares AMC, -6.58% tumbled 33% premarket Monday, ahead of the start of trading for its AMC Preferred Equity Units APE, , or Apes, which were declared by the company as ...

What Investors Need to Know About AMC’s APE Units: A Stock ‘Split on Steroids’

Updated Aug. 17, 2022 4:35 pm ET Listen to article (1 minute) AMC Entertainment Holdings Inc. outlined plans this month to issue a special dividend, sending its shares soaring and stoking enthusiasm a...

91% of Bitcoin Mined, Remaining less than 1.9m Units to Issue before 2140

The number of Bitcoin is becoming rare as only 9% is left to be mined for the next century, according to data from the Clark Moddy Bitcoin’s dashboard. Per the announcement from Bitcoin Magazine...

production capacity now close to 2 million units

Tesla (TSLA) stock was up over 10% Thursday afternoon, as the electric vehicle maker reported a better quarter than feared, given production challenges in China, component shortages, and the resources...

WebMoney adds support for Tether (USDT) wallet units » CryptoNinjas

WebMoney, an e-currency payment system, announced today it has added a new type of title unit – WMT – with accounting in stablecoin Tether (USDT). 1 WMT corresponds to 1 USDT. USDT tokens are supporte...

To Replenish Its Army In Ukraine, Russia Plans To Strip Its Training Units. It Can Only Do This Once.

Russian troops in January 2022. Russian defense ministry photo Before Russian president Vladimir Putin ordered his forces to widen their war on Ukraine starting the night of Feb. 23, the Russian army ...

Student Pleaded With 911 To ‘Send The Police Now’ As Officers On Scene Waited For Tactical Units To Arrive

Topline Texas authorities fleshed out their timeline Friday on the police response to the mass shooting at Robb Elementary School in Uvalde, Texas, on Tuesday that left 21 dead and 17 injured, as it e...

SEC Beefs Up Its Crypto And Cyber Enforcement Units, Signaling Tougher Crackdown ⋆ ZyCrypto

Advertisement &nbsp &nbsp This week, the Securities and Exchange Commission doubled down on its crypto and cyber enforcement unit hires in a bid to strengthen its war chest ag...

MicroStrategy Acquires Additional 4,167 BTC Units to Cement Its Bullish Stance

A lot has changed in the Bitcoin and general digital currency ecosystem since MicroStrategy first made its investment in Bitcoin. Today, there is more awareness about the crypto asset amongst institut...

There Are Only 2 Million Units Of Bitcoin Left To Mine — Why Does It Matter?

Bitcoin passed a historic benchmark on Friday with the issuance of 19 million coins. This means that there are only 2 million coins remaining for anyone interested in taking ownership of the most soug...

Russian Units Forced Back To Russia And Belarus To Reorganize And Resupply,’ U.K. Defense Ministry Says

Topline Russian units suffering “heavy losses” in Ukraine have been forced to return to Belarus and Russia to “reorganize and resupply” as logistical problems continue to plague Moscow’s offensive, th...

Hotel Tycoon Ong Beng Seng, Temasek Units Win Bid For Singapore Press’ Properties

Shoppers and pedestrians walk past the Paragon shopping mall, the crown jewel in SPH’s property … [+] holdings, on Orchard Road in Singapore, on June 14, 2012. Munshi Ahmed/Bloomberg A con...