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Republicans Pummel SEC's Gensler Over Crypto Crackdown
Finances

Republicans Pummel SEC's Gensler Over Crypto Crackdown

The agency’s chair says he has never seen an industry “so noncompliant with laws.” Source link

Twitter Chief Elon Musk Tries to Reassure Advertisers
Business

Twitter Chief Elon Musk Tries to Reassure Advertisers

The billionaire says he is receptive to brands’ concerns but will give priority to free speech. Source link

Credit Suisse Failed to Probe Nazi Past, Senate Committee Says
Finances

Credit Suisse Failed to Probe Nazi Past, Senate Committee Says

Credit Suisse Group AG failed to fully investigate recent allegations that it supplied bank accounts to Nazi party members before and after World War II,

Track How U.S. Banks Are Faring in First-Quarter Earnings
Finances

Track How U.S. Banks Are Faring in First-Quarter Earnings

In March, banks experienced one of their worst months this century. The  collapse of Silicon Valley Bank and Signature Bank sparked widespread fears about potential deposit runs and declining

Johnson & Johnson Posts Higher Quarterly Sales, Raises 2023 Outlook
Business

Johnson & Johnson Posts Higher Quarterly Sales, Raises 2023 Outlook

First-quarter earnings were largely wiped out by a $6.9 billion charge tied to litigation and other costs from its Covid-19 vaccine commitments. Source link

Amazon's Slowdown Has Yet to Pinch Its Landlord
Finances

Amazon's Slowdown Has Yet to Pinch Its Landlord

Warehouse giant Prologis said rents continued to rise in the first quarter, as U.S. consumers keep spending money online. Source link

Tax Day: IRS Left Fewer Taxpayers on Hold This Year
Business

Tax Day: IRS Left Fewer Taxpayers on Hold This Year

Markets Personal Finance The average wait time to speak to a representative dropped 85% this tax season, officials said Source link

Fox News-Dominion Defamation Trial Is Set to Begin
Business

Fox News-Dominion Defamation Trial Is Set to Begin

A Delaware jury is scheduled to hear opening statements on whether election-fraud broadcasts were defamatory. Source link

Goldman Sachs Reports Lower Profit
Finances

Goldman Sachs Reports Lower Profit

Results were hurt by a slowdown in deal making and a sizable loss on the sale of part of its Marcus personal loan portfolio. Source