Category: Business

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Many States Are Sending Checks to Help Residents With Inflation

Up to 20 are using some of their budget surpluses to help taxpayers deal with high inflation. But some economists worry that the payments could fuel inflation.  » mehr lesen

How Alameda, FTX’s Sister Firm, Brought the Crypto Exchange Down

Alameda Research was Sam Bankman-Fried’s first company. He built FTX partly to help Alameda’s trading business. Then things got out of control.  » mehr lesen

Hundreds of Twitter Workers Quit as Musk Demands Loyalty

Hundreds of workers decided to leave the troubled social network, after Elon Musk demanded employees commit to a new “hard core” work environment.  » mehr lesen

What Is ‘Friendshoring’?

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Elizabeth Holmes Is Sentenced to More Than 11 Years for Theranos Fraud

Ms. Holmes was convicted in January of four counts of wire fraud for deceiving investors with claims about her blood testing start-up Theranos.  » mehr lesen

Markets Dip After a Week of Fed Warnings

Several Fed officials sought to temper investors’ enthusiasm over signs that inflation could be slowing.  » mehr lesen

Oil Prices Slide as Investors Worry Energy Demand Is Slowing

The U.S. benchmark oil price fell to about $80 a barrel on Friday, and gasoline prices in some states are now close to $3 a gallon.  » mehr lesen

Elon Musk’s Twitter Teeters on the Edge After Another 1,200 Leave

Mr. Musk sent emails on Friday asking to learn about Twitter’s underlying technology as key infrastructure teams have been decimated.  » mehr lesen

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