Category: Business

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Binance to Buy FTX in Megadeal of Crypto Exchanges

Binance, the world’s largest cryptocurrency exchange, said it had reached a deal to buy FTX, amid fears the industry could enter another meltdown.  » mehr lesen

Herman Daly, 84, Who Challenged the Economic Gospel of Growth, Dies

Perhaps the best-known ecological economist, he faulted his mainstream peers for failing to account for the environmental harm growth can bring.  » mehr lesen

Disney+ Adds 12 Million Subscribers, but Cites ‘Peak Losses’

The confidence generated by the subscriber growth was offset by widening financial losses for the company’s direct-to-consumer division over all.  » mehr lesen

Supreme Court Debates Pennsylvania Law Opening Courts to Suits Against Companies

A novel Pennsylvania law requires corporations that do business in the state to consent to being sued there, even if the suits have nothing to do with the state.  » mehr lesen

Kohl’s Chief Executive, Michelle Gass, Will Depart to Join Levi’s

Ms. Gass, who will be become president at the denim maker, is expected to take over the top post at the company within 18 months.  » mehr lesen

Setting a Kahlo Drawing Aflame in Search of an NFT Spark

It’s tough to profit in the struggling market of blockchain assets right now. Burning a purported drawing from Frida Kahlo’s personal diary didn’t help a businessman’s cause.  » mehr lesen

Evelyn de Rothschild, Scion of Banking Dynasty, Dies at 91

Initially showing little promise, he eventually joined the family firm and rose to chairman, wielding vast influence in Britain’s financial and political affairs.  » mehr lesen

Elizabeth Holmes Denied New Trial and Is Set to Be Sentenced

The founder of the failed blood testing start-up Theranos faces a maximum sentence of 20 years in prison.  » mehr lesen

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