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Finance
Chinese technology stocks such as Alibaba and Tencent have been hammered in 2022 as regulatory pressure and a slowing Chinese economy weighed on growth.…
Tether previously claimed its stablecoin was backed 1-to-1 by U.S.…
Halfpoint Images | Moment | Getty Images1. Investment feesInvestment fees…
choja | E+ | Getty ImagesThe solar technology company Nextracker is expected to price its initial public offering at the high end of its stated $20 to $23 per share range, people with knowledge of the process told CNBC.The order book for Fremont, California-based Nextracker…
Disney said Wednesday it is planning to reorganize into three segments, while also cutting thousands of jobs and slashing costs.The media and entertainment giant said it would now be made up of three divisions:Disney Entertainment, which includes most of its streaming and media operationsAn ESPN…
A new addition to the menu at Domino’s Pizza’s could translate into big gains for shares of potato producer Lamb Weston , according to Bank of America. One day after Domino’s announced the national roll out out of “Loaded Tots,” Bank of America analyst Peter…
Christopher Waller, U.S. President Donald Trump’s nominee for governor of the Federal Reserve, speaks during a Senate Banking Committee confirmation hearing in Washington, D.C., U.S, on Thursday, Feb. 13, 2020.Andrew Harrer | Bloomberg | Getty ImagesFederal Reserve Governor Christopher Waller on Wednesday talked tough on…
The FTX logo on a laptop screen.Andrey Rudakov | Bloomberg via Getty ImagesFTX’s top bankruptcy, legal, and financial advisors have billed the company more than $19.6 million in fees for work done in 2022, according to Tuesday bankruptcy court filings. More than $10 million of…
LOS ANGELES – Smaller subscriber losses and a beat on the top and bottom lines were the highlights of Disney’s fiscal first-quarter earnings report.While the company’s linear TV and direct-to-consumer units struggled during the period, its theme parks saw significant growth year-over-year.Shares of the company…
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