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US Sells 9,800 Bitcoin Seized From Silk Road for $215 Million
Business

US Sells 9,800 Bitcoin Seized From Silk Road for $215 Million

By Landon Manning After seizing roughly 50,000 bitcoins from James Zhong in November 2022, the U.S. government has begun selling off these assets, with 9,800

Rivian to relocate staff to Illinois EV plant to accelerate production
Finances

Citadel founder Ken Griffin donates $300 million more to alma mater Harvard By Reuters

© Reuters. Kenneth Griffin, Founder, President and CEO, Citadel Investment Group LLC, speaks during the “Financial Recovery: When and How?” panel at the 2009 Milken

Goldman Sachs Paying $15 Million to Settle Investigation of Swaps Business
Finances

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

Foxconn plans $800 million investment in southern Taiwan By Reuters
Stock Market

Foxconn plans $800 million investment in southern Taiwan By Reuters

© Reuters. FILE PHOTO: A man walks out from a Foxtron Model T eBus during an organized media visit to Foxconn’s headquarters, in New Taipei

Virgin Orbit's would-be white knight and a $200 million rescue that fell flat By Reuters
Stock Market

Virgin Orbit’s would-be white knight and a $200 million rescue that fell flat By Reuters

3/3 © Reuters. FILE PHOTO: A replica model of Virgin Orbit’s LauncherOne rocket sits in a media area ahead of UK’s First launch at Newquay

Microsoft to Pay $3 Million Over Russia Sanctions, Export Controls Violations
Business

Microsoft to Pay $3 Million Over Russia Sanctions, Export Controls Violations

Risk & Compliance Journal The majority of the apparent violations involved blacklisted Russian companies or persons in the Crimea region of Ukraine, Treasury officials said

Morgan Stanley cuts Charles Schwab on limited visibility, EPS risk
Stock Market

Morgan Stanley CEO’s total pay rose 13% to $39.4 million in 2022 By Reuters

© Reuters. FILE PHOTO: James Gorman, Chairman and Chief Executive of Morgan Stanley, speaks during the Global Financial Leaders Investment Summit in Hong Kong, China

Freeport-McMoRan (FCX) Declares $0.08 Dividend
Business

Freezing rain in Canada leaves more than a million without power

OTTAWA, April 6 (Reuters) – More than a million people were without power in Quebec on Thursday morning after a day of freezing rain and

Banking turmoil means recession fears are creeping back By Reuters
Stock Market

Goldman Sachs fined $3 million by FINRA over mismarking short sale orders By Reuters

© Reuters. FILE PHOTO: The logo for Goldman Sachs is seen on the trading floor at the New York Stock Exchange (NYSE) in New York

Germany reaches deal with EU on future use of combustion engines By Reuters
Finances

Germany guarantees 221 million euros of Ukraine investments

© Reuters. FILE PHOTO: Euro banknotes are seen in this illustration taken July 17, 2022. REUTERS/Dado Ruvic/Illustration BERLIN (Reuters) – Germany is currently providing guarantees