Celsius hires lawyers to restructure business after freezing withdrawals – WSJ
(Reuters) – Crypto lender Celsius Network LLC has hired restructuring attorneys from law firm Akin Gump Strauss Hauer & Feld LLP to advise on possible solutions for its mounting financial problems, the…
U.S. SEC gets ready to propose changes to stock market operations – WSJ
(Reuters) – The U.S. Securities and Exchange Commission (SEC) is preparing to propose big changes to the stock market that could reshape how it operates, the Wall Street Journal reported on Monday,…
Boeing paused 737 production in May due to supply chain issues – WSJ
(Reuters) – Boeing Co had paused production of its 737 MAX for about 10 days last month due to supply chain snarls, the Wall Street Journal reported on Friday, citing people familiar…
OPEC mulls excluding Russia from oil-production deal – WSJ
(Reuters) – Some OPEC members are considering the idea of suspending Russia in an oil production deal as Western sanctions hurt the nation’s ability to produce more, the Wall Street Journal reported…
Apple looks to boost production outside China- WSJ
(Reuters) – Apple Inc has told some of its contract manufacturers that it wants to increase production outside China, the Wall Street Journal reported, citing people familiar with the matter. India and…
Peloton seeks buyers for minority stake – WSJ
(Reuters) – Fitness equipment maker Peloton Interactive Inc is exploring the sale of a sizable minority stake in the company, the Wall Street Journal reported on Thursday, citing people familiar with the…
Goldman CEO, top deputies to get cut of profits from bank’s private investment funds – WSJ
(Reuters) – Goldman Sachs Chief Executive David Solomon and his top deputies will get a part of profits from the bank’s private investment funds, the Wall Street Journal reported on Tuesday, citing…
Spirit Airlines trims spring, summer schedule to avoid disruptions – WSJ
(Reuters) – Spirit Airlines Inc will cut back on flights in the coming months in a bid to avoid any weather-related disruptions as airlines struggle to meet a spike in demand, the…
Boeing factory problems disrupt Air Force One production – WSJ
(Reuters) – Production of the new Air Force One jet by Boeing Co faced disruption early this year due to problems at the planemaker’s factory, the Wall Street Journal reported on Tuesday,…
Activision CEO’s meeting with options trader under U.S. probe – WSJ
(Reuters) – U.S. authorities are investigating whether an options trade in Activision Blizzard Inc violated insider-trading laws as it followed a meeting between CEO Bobby Kotick and one of the traders, the…
FAA safety chief Billy Nolen to be named acting leader – WSJ
(Reuters) – The Federal Aviation Administration’s safety chief Billy Nolen is expected to be named acting leader of the agency after the current administrator, Steve Dickson, steps down at the end of…
China’s Tencent faces possible record fine for anti-money-laundering violations – WSJ
– Tencent Holdings Ltd is facing a potential fine, which could be at least hundreds of millions of yuan, for violating some central bank regulations on its WeChat Pay mobile network, the…
Abramovich’s U.S. hedge fund investments frozen- WSJ
– Some U.S. hedge-fund firms that have investments from Russian oligarch Roman Abramovich have been told to freeze his assets after Britain imposed sanctions on him, the Wall Street Journal reported on…
United Airlines to let unvaccinated workers return – WSJ
– United Airlines Holdings Inc will allow workers who have not been vaccinated against COVID-19 for religious or medical reasons to return at the end of this month, the Wall Street Journal…
Regulators probe block trading at Wall Street banks, hedge funds- WSJ
– Federal investigators have launched a probe into block trading at Wall Street hedge funds and banks including Morgan Stanley and Goldman Sachs Group Inc, the Wall Street Journal reported, citing people…
Melinda French Gates no longer plans to give most of wealth to Gates Foundation, WSJ reports
-Melinda French Gates is no longer pledging to donate most of her wealth to the charitable foundation she co-founded with her former husband and will instead disburse the funds among other philanthropies,…
Facebook’s cryptocurrency venture to wind down and sell tech assets – WSJ
– Meta Platforms Inc’s digital currency venture Diem Association is winding down and selling its technology to California-based Silvergate Capital Corp for about $200 million, the Wall Street Journal reported on Wednesday,…
WSJ Editorial Board: Democratic Proposal Will Let The IRS Snoop On Your Bank Account
The Wall Street Journal Editorial Board said that a Democratic effort to crack down on tax cheating would give the Treasury Department access to almost every American’s bank account. The Thursday op-ed focused…
Breaking News
