FTX Founder’s Parents Face Lawsuit for Alleged Misappropriation
The beleaguered cryptocurrency exchange FTX, which filed for bankruptcy in 2022 amid accusations of financial mismanagement, has filed a lawsuit against the founder’s parents. Sam
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Nasdaq Debut Propels Arm to $54.5 Billion Valuation
In a remarkable debut on the Nasdaq on Thursday, Arm, the British chipmaker, surged to a staggering valuation of $54.5 billion, sparking speculation within the
Walt Disney Commits $60B to Supercharge Parks Business
The Walt Disney Company has disclosed its intent to nearly double its capital expenditure for its parks business, allocating an estimated $60 billion over the
FTC Targets Monopolistic Practices in Healthcare Industry
Federal Trade Commission (FTC) Chair Lina Khan has stressed the agency’s dedication to curbing monopolistic practices, with a specific emphasis on the healthcare industry. Speaking
US Treasury Secretary Janet Yellen Optimistic Despite Risks
US Treasury Secretary Janet Yellen remains optimistic about the trajectory of the American economy, despite looming near-term challenges, according to an exclusive interview with Reuters.
Microsoft Closes Gap with Apple in Stock Market Race
Microsoft is making significant strides towards Apple in the stock market, bolstered by a perception of superior growth prospects and lower exposure to geopolitical risks
Stocks Dip Ahead of Crucial FOMC Meeting and Instacart IPO
Stock markets saw a slight downturn on Tuesday morning as investors held their breath in anticipation of the Federal Open Market Committee (FOMC) meeting and
Fed Decision: Markets Await Interest Rate News
In a day of cautious trading, stocks closed with marginal gains, mirroring their opening figures, as investors braced for the Federal Reserve’s (Fed)Â imminent interest
Revolutionary Electric Planes to Take Flight in Ohio River Valley
The Ohio River Valley, renowned for launching the Wright brothers into the sky over a century ago, is now poised to become the birthplace of
Clorox Products Face Shortages Amid Cyberattack Fallout
Clorox, a leading provider of bleach and cleaning products, has alerted consumers to potential shortages as a result of a recent cyberattack. The company reports
