Category: Business

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FTX Spent Big on Sports Sponsorships. What Happens Now?

The cryptocurrency exchange’s sudden collapse puts deals with teams, leagues and counties worth hundreds of millions of dollars in doubt.  » mehr lesen

Musk Paints Bleak Picture for Twitter as Executives Depart

In his first communications with Twitter’s staff, the company’s new owner painted a bleak picture as more executives resigned.  » mehr lesen

California Regulators Propose Cutting Compensation for Rooftop Solar

It’s the second attempt by the state Public Utilities Commission to change how people are paid for the excess energy their solar panels send to the grid.  » mehr lesen

Fishing Regulator Rejects Lifting Ban on Female Crab Harvest

A commission acknowledged concerns about the threatened shorebirds that rely on crab eggs as a critical food source around the Delaware Bay.  » mehr lesen

After Months of Stubborn Inflation, Glimmers of Hope Emerge

The Consumer Price Index showed that prices climbed 7.7 percent in the year through October, a quick pace but a notable moderation.  » mehr lesen

What Happened to FTX? Here’s What to Know.

Binance, the world’s largest cryptocurrency exchange, was set to bail out FTX. Then it pulled out of the deal.  » mehr lesen

RJ Reynolds Sues California Over Flavored Tobacco Ban

On Tuesday, the state’s voters overwhelmingly supported letting a two-year-old law take effect. The company’s lawsuit is viewed by anti-smoking advocates as a tactic that could keep menthol cigarettes on the market...

Takeaways From a Hopeful CPI Inflation Report

The Consumer Price Index in October showed that inflation remained rapid, but there were some hopeful signs under the surface.  » mehr lesen

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