(Reuters) – U.S. cryptocurrency broker Genesis Trading disclosed its derivatives business has approximately $175 million in locked funds on FTX,…
Citigroup, funds in talks to end lawsuit over errant $500 million Revlon payment
By Jonathan Stempel NEW YORK (Reuters) – Citigroup Inc is in talks to end litigation against hedge funds and investment…
Tropical Storm Nicole causes U.S. flight cancellations
WASHINGTON (Reuters) – Airlines in the United States canceled more than 1,350 flights on Thursday as Tropical Storm Nicole made…
Exclusive-Behind FTX’s fall, battling billionaires and a failed bid to save crypto
By Angus Berwick and Tom Wilson (Reuters) – On Tuesday morning, Sam Bankman-Fried, owner of cryptocurrency exchange FTX, caught his…
Musk tells Twitter staff: Bankruptcy isn’t out of the question- Platformer
(Reuters) – Twitter owner Elon Musk told employees on Thursday that he is not sure how much run rate the…
Dollar slides, CPI data suggests Fed could slow pace of rate hikes
By Herbert Lash NEW YORK (Reuters) – The dollar fell sharply on Thursday after U.S. consumer prices rose less than…
U.S. to allow some Russian energy-related transactions until next May
WASHINGTON (Reuters) – The United States will allow some energy-related transactions with several Russian entities including Sberbank, VTB Bank and…
Infinity Q fund settles with U.S. regulator over asset inflation
(Reuters) – The U.S. Securities and Exchange Commission on Thursday tentatively settled civil charges against an Infinity Q Capital Management…
California sues 3M, DuPont over toxic ‘forever chemicals’
(Reuters) -California’s attorney general on Thursday sued 3M Co, DuPont de Nemours Inc and several other companies to recoup the…
Wall St ends sharply higher as cooling inflation fuels hope of easing Fed
By Stephen Culp NEW YORK (Reuters) – U.S. stocks jumped, the dollar tanked and Treasury yields tumbled on Thursday as…