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Bankman-Fried’s Crypto Exchange FTX Files For Chapter 11 Bankruptcy
Sam Bankman-Friedβs cryptocurrency exchange FTX has filed for Chapter 11 bankruptcy in the U.S., according to a company statement posted on Twitter. Bankman-Fried has also stepped down as CEO and…
By Rochdi RaisLatest news
Berkshire Hathaway Slashed Its Stake in US Bancorp by More than 60% in Four Months
Warren Buffett’s Berkshire Hathaway has cashed in about $4 billion of US Bancorp stock, cutting its stake in…
By Rochdi RaisTwitter Employees Can No Longer Work Remotely, Read the Email Musk Sent to Employees
Elon Musk has announced the end of remote working at Twitter. The billionaire who took over Twitter on…
By Rochdi RaisStocks Making the Biggest Moves Mid-day: Disney, Meta, Affirm And More
Check out the companies making headlines in midday trading. Disney β Shares of the media giant slid more…
By Rochdi RaisDow Jones Declines 500 Points, After Investors Failed To Predict Midterm Elections Results
Stocks plummeted on Wednesday shortly after decent market gains, after the midterm elections failed to provide clear answers…
By Rochdi RaisBinance Highly Unlikely to Move Forward with the Acquisition of Rival FTX
Binance is highly unlikely to continue with its proposed acquisition of rival FTX less than a day after…
By Rochdi RaisMeta Soars 7% After Laying Off 11,000 Employees, As the Company Cuts Costs
Meta Platforms shares rallied Wednesday after the Facebook parent said it will lay off more than 11,000 employees…
By Rochdi RaisBinance CEO Tells Employees That Taking Over Rival Crypto Exchange FTX Isn’t a “Win for Us”
Binance CEO Changpeng Zhao doesn’t see the deal to take over rival cryptocurrency exchange FTX as something to…
By Rochdi RaisTomorrow’s October CPI Report Could Dramatically Shake Markets, According to JPMorgan
Following the midterm elections, investors have pivoted their focus to Thursday’s October consumer price index report, which could…
By Rochdi RaisMark Zuckerberg Apologizes to Employees after Laying-Off 11,000 People from Meta
Mark Zuckerberg apologized to employees as he announced dramatic layoffs at Meta. “I got this wrong, and I…
By Rochdi RaisCrypto Billionaire Bankman-Fried Lost 94% of His Net Worth in 1 Day, The Biggest Loss In History
FTX CEO Sam Bankman-Fried, who was worth $16 billion earlier this week, saw his fortune slump by 94%…
By Rochdi RaisPopular News
Hannah Rapp Dies at 26 After Bicycle Crash, Rising Boxing Star Determined to Win World TitleΒ
Texas Flooding Leaves 2 Dead, Bridges Collapsed and Communities DevastatedΒ
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Iranian Billboards Targeting Trump Intensify as Strait of Hormuz Conflict Escalates
Power Outage Disrupts Thousands Across San Francisco After Substation Glitch Triggers Widespread Blackout
