Business News
Sam Bankman-Fried's Post-Collapse Media Blitz Has Clearly Backfired
Coin Desk - 31 Oct 2023 01:29
The FTX founder was grilled Monday by a prosecutor, who used the many words he said to journalists after his crypto company's collapse against him.
Shein Buys Missguided, Ushering in 'New Format of Partnerships'
Retail Touch Points - 31 Oct 2023 16:48
Digital fast fashion retailer Shein has acquired UK women's retailer Missguided from Frasers Group. Frasers Group acquired Missguided just a little over one year ago after the brand entered administration, the UK version...
Breeders' Cup 2023: Post Positions, Odds, And What Arcangelo Will Have To Do From The Rail
Forbes - 31 Oct 2023 05:23
The Breeders' Cup Classic post position draw brought two surprises. First, Belmont winner Arcangelo is not the top favorite. Secondly, and worse, he drew the rail.
X Says It's Worth Less Than Half What Elon Musk Paid
Forbes - 31 Oct 2023 01:12
A new employee stock plan revealed the company is worth $19 billion, 55% less than the $44 billion Musk paid for it last year.
Workers return to Chicago Ford plant, with $400 million investment coming down the road
Chicago Tribune - 31 Oct 2023 01:04Bitcoin ETFs And The Path To Mainstream Adoption
Forbes - 31 Oct 2023 17:57
Bloomberg estimates there's a 90% chance that the Securities and Exchange Commission (SEC) will give the go-ahead to a spot Bitcoin ETF by January 10, 2024.
Halloween Tricks May Deliver Holiday Treats For Retailers
Forbes - 31 Oct 2023 17:11
It's usually a bad idea to look at Halloween sales as an indicator for holiday spending highs or lows - but this year is different.
The Federal Trade Commission's Assault On Growth
Forbes - 31 Oct 2023 16:24
Arbitrary actions by the Federal Trade Commission undermine its role, harms competition, and diminishes economic growth.
US stocks trade mixed amid wave of earnings reports and start of Fed meeting
Business Insider - 31 Oct 2023 15:36South Korea's New Crypto Crime Investigation Unit Is Already 'Overloaded'
Crypto News - 31 Oct 2023 02:30
A South Korean prosecution unit dedicated to investigating crypto crime is already “overloaded” with cases, just over a year after launching. The unit operates as part of the Seoul Southern District Prosecutors’ Of...
Dow Jones Newswires: Samsung Electronics beats expectations on Q3 net profit, as chip business narrows losses
Market Watch - 31 Oct 2023 02:24
South Korean tech giant Samsung Electronics said its third-quarter net profit fell 38% on the year but more than tripled on the quarter to beat market consensus, as its semiconductor business narrowed losses amid signs o...
MarketWatch First Take: Sluggish EV and auto sales could continue next year, based on what these chip makers just said
Market Watch - 31 Oct 2023 01:57
Some lesser known chip makers and a battery partner of Tesla confirm the sluggish trends in the automotive industry, especially in EVs.
Manhattan's stalled office leasing market poised for late-year boom
New York Post - 31 Oct 2023 01:25
Despite commercial real estate's well-known woes, the deals might augur even larger transactions -- of up to 1 million square feet each -- in 2024, sources said.
WeWork May Declare Bankruptcy Next Week, Report Says
Forbes - 31 Oct 2023 23:59
This bankruptcy marks a major downfall for a former Wall Street favorite that was once valued at $47 billion.
Coherus, Shanghai Junshi Shares Gain After U.S. Approval For Nasopharyngeal Cancer Drug
Forbes - 31 Oct 2023 23:55
U.S. approval "should address ongoing geopolitical concerns and reiterate importance of clinical data," Jeffries said
The allure of Tennessee: Why Floridians are trading their sandy beaches for a quieter life
Business Insider - 31 Oct 2023 23:52Catalogues Of Change: Reshaping Retail Reality Into 21st Century
Forbes - 31 Oct 2023 23:47
In the landscape of 20th-century feminist literature, the seemingly modest retail catalogue stands tall as a transformative force in women's lives.
WeWork to file for bankruptcy after once being valued at $47B: report
New York Post - 31 Oct 2023 23:43
Shares of WeWork fell 30% in extended trading after the Wall Street Journal first reported the news. They have fallen roughly 96% this year.
Adam Kinzinger said onetime Trump chief of staff John Kelly 'could barely stay awake' during a White House breakfast and told GOP lawmakers he was 'barely holding it together' in the role
Business Insider - 31 Oct 2023 23:43AMD gives soft fourth-quarter guidance, but expects to sell $2 billion of AI chips next year
CNBC - 31 Oct 2023 23:42
AMD is one of the few chipmakers capable of making the kind of high-end graphics processing units (GPUs) needed to train and deploy generative AI models
Banking group says Durbin is trying to 'silence and intimidate' critics
American Banker - 31 Oct 2023 23:42
The Electronic Payments Coalition said that Sens. Dick Durbin and Roger Marshall are retaliating against the airline industry, which has been critical of their credit-card swipe-fee legislation. The two senators have cal...
5 Startup Opportunities In Finance
Forbes - 31 Oct 2023 23:40
In this article we dive into five specific areas within the finance industry that offer promising opportunities for new innovative startup projects and offer a few example business ideas.