Category: Business

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Coinbase Reaches $100 Million Settlement With New York Regulators

The U.S. crypto exchange will pay a $50 million fine for letting customers open accounts with few background checks and spend $50 million to improve compliance.  » mehr lesen

Salesforce to Lay Off 10 Percent of Staff and Cut Office Space

The software company plans to cut around 8,000 jobs as business slows for tech companies. “We hired too many people leading into this economic downturn,” Salesforce’s chief executive said.  » mehr lesen

Labor Market Strength Persisted Heading Into the Holidays

Government data from November showed job openings remained high, with rates of quitting and layoffs holding steady.  » mehr lesen

Fed Officials Fretted That Markets Would Misread Rate Slowdown

Central bankers remained committed to wrestling inflation lower, and wanted to make sure investors understood that message, minutes from the Federal Reserve’s December meeting showed.  » mehr lesen

Former CNN Digital Chief Named Publisher of Atlanta Journal-Constitution

Andrew Morse, who was an architect of CNN+, plans to team up with Axios to expand the newspaper’s digital business.  » mehr lesen

Fed Official Compares Inflation to Uber Surge Pricing

Neel Kashkari, the president of the Minneapolis Fed, kicked off 2023 monetary policy debates with a call for better understanding of what causes inflation.  » mehr lesen

James ‘Buster’ Corley, Co-Founder of Dave & Buster’s, Dies at 72

The chain appealed to adults by combining food, beverage, sports and gaming under one roof.  » mehr lesen

Meta Fined $414 Million After Ad Practices Ruled Illegal Under EU Law

The decision is one of the most consequential issued under the E.U.’s landmark data-protection law and creates a new business headwind for the social media giant.  » mehr lesen

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