Market Snapshot: Dow ends nearly 350 points lower after strong economic data, bearish comments by David Tepper fuel worry about rate hikes
U.S. stocks tumbled on Thursday, but ended well off session lows following a fleeting rally in the previous session.
Financial Crime: Sam Bankman-Fried released on $250 million bond following first U.S. hearing in FTX fraud case
Bankman-Fried's top associates have started to flip as he stands accused of treating billions in customer funds as his own personal piggy bank.
The Wall Street Journal: TikTok parent ByteDance admits improperly accessing two journalists’ data
TikTok parent ByteDance Ltd. said Thursday that its employees improperly accessed the user data of two journalists on the social media service, according to several...
Key Words: Bill Ackman says he thinks SBF’s posting of $250 million bail ‘is itself a criminal indictment’
Billionaire hedge-fund manager fires off a tweet but apparently misses a key detail about how FTX founder Sam Bankman-Fried posted bail.
IPO Report: The IPO market froze in 2022. Here’s what’s needed for it to thaw in the new year
The window for initial public offerings all but slammed shut this past year, and experts are unwilling to bet on a swift reopening.
MemeMoney: AMC’s meme-stock sales are approaching its total valuation
AMC is selling another $110 million in stock, adding to a total that has already exceeded $2 billion since the theater chain got swept up...
: Measures to delay $600 tax-reporting threshold for PayPal, Venmo payments fail to make it into omnibus bill
Millions of gig workers and sellers remain on track to get a 1099-K tax form for the first time, after efforts to delay a tax-reporting...
U.S. stocks open lower after Wednesday’s sharp rally
U.S. stock indexes opened lower Thursday, following a sharp rally in the previous session, as investors digested a fresh round of economic data. The Dow...
Merck, Sichuan Kelun enter cancer collaboration, with milestone payments up to $9.3 billion
Merck & Co. Inc. said Thursday that it entered into an agreement with Sichuan Kelun Pharmaceutical Co. Ltd. to develop seven new cancer therapies. Merck...