Citigroup, funds in talks to end lawsuit over errant $500 mln Revlon payment
Citigroup Inc (C.N) is in talks to end litigation against hedge funds and investment firms that it mistakenly paid about $500 million on a loan
Category: Business
Meatpacker JBS’s plunging profit beats forecasts
Brazil’s JBS SA (JBSS3.SA), the world’s largest meat producer, on Thursday said quarterly profit plunged 47.1%, but results still beat analysts’ estimates as higher revenues
Tropical Storm Nicole causes U.S. flight cancellations
Airlines in the United States canceled more than 1,350 flights on Thursday as Tropical Storm Nicole made landfall on the east coast of Florida, forcing
Behind FTX’s fall, battling billionaires and a failed bid to save crypto
On Tuesday morning, Sam Bankman-Fried, owner of cryptocurrency exchange FTX, caught his employees off-guard with a somber message. “I’m sorry,” he told them. “I fucked
Musk tells Twitter staff: Bankruptcy isn’t out of the question
Twitter owner Elon Musk told employees on Thursday that he is not sure how much run rate the company has and that bankruptcy is not
Dollar slides, CPI data suggests Fed could slow pace of rate hikes
The dollar fell sharply on Thursday after U.S. consumer prices rose less than expected in October to suggest underlying inflation is cooling, data that Wall
California sues 3M, DuPont over toxic ‘forever chemicals’
California’s attorney general on Thursday sued 3M Co (MMM.N), DuPont de Nemours Inc (DD.N) and several other companies to recoup the “staggering” clean-up costs from