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Saudi Chairman of Credit Suisse’s Largest Investor Resigns
Markets Finance Ammar al-Khudairy’s remarks about Saudi National Bank’s investment in the troubled lender set off an investor panic Source link
Huobi’s New Boss Shakes Up Crypto Firm With China Plan
Cryptocurrency entrepreneur Justin Sun is attempting to revive the fortunes of digital-assets exchange Huobi by shifting its focus back to China—with the aid of a
Europe’s Big Polluters Win Carbon-Credit Windfall
Some of Europe’s largest polluters are earning windfalls from the sale of carbon credits. Their profits are an unintended consequence of generous subsidies that make
Tether Is Winning Stablecoin Battle Despite Looming Risks
Markets Currencies Cryptocurrency Stablecoin’s value has risen by more than $5 billion in past two weeks Source link
Alibaba Co-Founder Jack Ma Returns to China After a Year Away
Tech The billionaire’s trip home comes as Beijing eases up on tech crackdown that hit confidence among private businesses Source link
First Citizens Acquires Much of Failed Silicon Valley Bank
First Citizens Bancshares is buying big pieces of Silicon Valley Bank more than two weeks after the lender’s collapse sent tremors through the banking system.
ConocoPhillips CEO Doubles Down on Alaska Oil as Competitors Leave Arctic
Business Ryan Lance says Alaska, where he began his career, will provide much-needed crude for decades to come Source link
Telehealth Apps Sharing Consumer Data Draw FTC Crackdown
Tech BetterHelp barred under proposed settlement from supplying health data for ads Source link
Pentagon Woos Silicon Valley to Join Ranks of Arms Makers
The Defense Department is seeking to enlist startups in its effort to fund and develop new weapons technology, as the U.S. tries to keep pace
Coinbase Insider-Trading Case Spearheads Crypto's Latest Bid to Avoid SEC Oversight
The crypto industry is hoping that a former manager at Coinbase who has pleaded guilty in a criminal case can beat the SEC by challenging