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Top 100 Stories to Know for 2 Dec 2022 - United States

United Furniture owner"It sounds like the management team came up with a plan to save the company and David Belford said, 'That's a wrap -- not doing it.'"
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'Donald Trump knew exactlyIn blistering closings in the Trump Org. tax-fraud trial, a Manhattan prosecutor told jurors that Trump knew his executives ran a tax-fraud scheme.
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Tesla is offering a rareTesla is offering a $3,750 credit on certain cars until the end of the year, despite Elon Musk often saying that Tesla doesn't offer discounts.
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When Is It Time to Retire? Readers (and I) Want to Know

Wall Street Journal - 1 Dec 2022 19:00
In a farewell column, Glenn Ruffenach considers how you know you're ready to walk away, even if it's hard to do.
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US Treasury's Yellen SaysU.S. Treasury Secretary Janet Yellen says that the collapse of crypto exchange FTX shows that the crypto industry “really needs to have adequate regulation.” She added: “It’s a... Lehman moment within crypto, and crypto is big enough that we’ve had substantial harm with investors.” Treasury Secretary Janet Yellen on FTX Implosion and the Need for […]
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Elon Musk says Apple neverOn Monday, Musk had accused Apple of threatening to block Twitter from its app store
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Sam Bankman-Fried Continues toThe fallen founder of the cryptocurrency empire said it was his "duty" to talk about the exchange's collapse.
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Salesforce Co-CEO Bret Taylor to Step Down

Wall Street Journal - 1 Dec 2022 01:53
Salesforce Co-CEO Bret TaylorMarc Benioff will become the business-software company's sole chief executive.
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KreditBee raises $80 millionThe fintech firm aims to cross an AUM of over $1 billion in the next 6-9 months
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After FTX collapse, pressurePolicymakers have for years highlighted the need for effective rules on the crypto industry, pointing to risks to consumers after a string of big market crashes and corporate failures
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Credit Suisse shares set toCredit Suisse rose as much as 6.9% in Zurich trading, putting the stock on course to end a record 13-day losing streak, as the comments calmed investors
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Chip shortage to cause biggerMaruti Suzuki India Ltd, the country's top carmaker, said on Friday it expected a shortage of electronic components to impact its production in December more than in recent months
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Bitcoin miner outflow ratioBitcoin miners are upping sales, but BTC price metrics hint that a relief rally could be next.
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Oligarch's $200m superyacht toUkraine says Croatian court has cleared way for sale of Viktor Medvedchuk's Royal Romance yacht Russia-Ukraine war - latest updates A $200m (£163m) superyacht owned by Viktor Medvedchuk, an... oligarch and friend of Vladimir Putin who is under sanctions, is to be sold at auction after its seizure in Croatia earlier this year. The Ukrainian government said a Croatian court had ruled that Medvedchuk's 92.5-metre Royal Romance yacht should be transferred to the Ukrainian Asset Recovery and Management Agency (Arma), which said it would "preserve the economic value by selling it at auction".
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Wall Street's top playersJPMorgan and Morgan Stanley strategists say the S&P 500 still has further to drop next year. Insider's Phil Rosen breaks down what you want to know.
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"I thought the downside was not nearly as high as it was," Bankman-Fried told Bloomberg in an interview about FTX's downfall.
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Is Discover Financial StockDiscover Financial stock (NYSE: DFS) has lost roughly 6% YTD, as compared to the 14% drop in the S&P500 over the same period.
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Coinbase Disables NFT TradingMajor crypto exchange Coinbase announced that users can no longer transfer non-fungible tokens (NFTs) using Coinbase Wallet iOS - the 'culprit' being Apple's App Store policy. "You might have noticed... you can't send NFTs on Coinbase Wallet iOS anymore," said Coinbase in their tweet on Thursday, accusing Apple of forcing it to remove the NFT transfer option from its iOS wallet. The statement claimed that, ...
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South African Government toAccording to the South African government, crypto entities -- or businesses whose activities include the exchange or transfer of crypto assets -- are set to be included in the list of so-called... accountable institutions starting Dec. 19. Businesses that convert one crypto asset to another or that conduct transactions where a crypto asset is transferred […]
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Binance has frozen withdrawalsBinance will freeze withdrawals of Ankr's token and explore whether it's been targeted by hackers, Changpeng Zhao said Friday.
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OPEC and Russia to Meet asAs the West moves to intercede in oil trading, OPEC Plus, led by Saudi Arabia, is expected to protect its own interests.
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Stocks to Watch: PB Fintech,Stocks to Watch Today: SoftBank Group is likley to sell a 5 per cent stake in PB Fintech via block deal at a base price of Rs 440 per share on Friday.
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Paramount's Pluto AVOD ServiceParamount Global ad-supported streaming service Pluto debuted today in Canada with 110 linear channels and 20,000 hours of on-demand programming. It also features 30 channels of local French- and... English-language Canadian programming
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A presidential adviser says the oil giant is could still receive profits from its stake in Russia's Rosneft.
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Layoffs Hit White-CollarDemand has fallen for professionals in technology, legal, scientific and finance fields, as companies that ramped up staffing during the pandemic, including tech firms, slow down hiring or cut jobs.
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