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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
World Bank Chief Calls Russia’s Arrest of Gershkovich a Brazen Act
World David Malpass spoke on the first day of the bank’s semiannual meetings in Washington Source link
A Little-Known Stablecoin Gets Big Help From World’s Largest Crypto Exchange
Markets Currencies Cryptocurrency TrueUSD’s market value surged after Binance removed spot bitcoin trading fees for the token Source link
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
Climate Change and Poverty Pose Challenge to World Bank
The World Bank, embarking on a comprehensive overhaul of its lending practices, faces a tough question: How should it use its limited resources to fund
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