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Former Twitter Executives Sue for Unpaid Fees
The erstwhile CEO, CFO and legal chief claim the social-media platform owes them more than $1 million in legal expenses. Source link
Goldman Sachs Paying $15 Million to Settle Investigation of Swaps Business
Markets Finance Bank’s swaps dealer priced derivatives in terms that put clients at a disadvantage, CFTC says Source link
Tonal Founder Steps Down as CEO
The at-home fitness company completed its latest funding round at a fraction of its prior valuation. Source link
At FTX, Multimillion-Dollar Expenses Were Approved by Emoji
FTX’s failures are rooted in “hubris, incompetence, and greed,” the new management team said in a report outlining scathing details about the lack of financial
Ozempic, Wegovy and Mounjaro Spark a Weight-Loss and Diet Industry Identity Crisis
Weight-loss businesses, which long pushed calorie-counting and willpower, are grappling with the surging popularity of new drugs. Source link
For Apple, India Is the Next China
Markets Heard on the Street Apple’s move to open its famed retail store in India signals the market is a high priority Source link
Fox News Settles Defamation Suit With Venezuelan Businessman Over Election-Fraud Claims
Business Media & Marketing Settlement comes days before another defamation case against Fox News is set to go to trial Source link
Construction Industry Has Work, Needs More Workers
A surge in nonresidential building is keeping contractors busy and searching for talent. Source link
Auditors Didn’t Flag Risks Building Up in Banks
When KPMG LLP gave Silicon Valley Bank a clean bill of health just 14 days before the lender collapsed, the Big Four audit firm flagged
Investors View Corporate Earnings Season as Next Test for Stocks
This week’s kickoff to the corporate earnings season offers the next trial for the market as investors consider whether U.S. stocks can hold on to