Category: Business

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Are Stocks in a New Bull Market? It Depends.

The S&P 500 ended the day nearly 20 percent above its low last year, within a hair of a milestone for some market watchers. But assessing a bona fide bull market is...

SEC Accuses Binance of Mishandling Funds and Lying to Regulators

The S.E.C. said the world’s largest cryptocurrency exchange mixed billions of dollars in customer funds and secretly sent them to a separate company controlled by Binance’s founder, Changpeng Zhao.  » mehr lesen

Chris Licht of CNN Faces a Crisis. Here’s Why.

Mr. Licht, the network’s chief executive, said on an internal call on Monday that he would “fight like hell” to win back the trust of the network.  » mehr lesen

Apple Debuts the Vision Pro, Its VR Headset, at WWDC 2023

The device, called Vision Pro and shaped like a pair of ski goggles, faces a skeptical consumer market and competition from others, like fellow tech giant Meta.  » mehr lesen

Hundreds of Gannett Journalists Walk Out

The union representing the company’s newsroom employees has urged a vote of no-confidence against the C.E.O. at a shareholder meeting on Monday.  » mehr lesen

With Prince Harry to Testify in Hacking Case, Royals Prepare to Cringe

A media spectacle will unfold this week as the prince prepares to take the stand against newspapers he says invaded his privacy by hacking his cellphone.  » mehr lesen

Saudi Arabia Cuts Oil Production to Boost Prices

Brent crude rose on Monday after the world’s biggest oil producer announced it would be the lone OPEC Plus member to cut production next month.  » mehr lesen

Twitter’s U.S. Ad Sales Plunge 59% as Woes Continue

In internal forecasts, the company projected that ad sales would keep declining, handing a tough challenge to its new chief executive.  » mehr lesen

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