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Caroline Ellison, whose testimony helped convict her former boss and ex-boyfriend, disgraced cryptocurrency mogul Sam Bankman-Fried, was sentenced Tuesday to two years in prison...
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Business News
An “embarrassment of riches” at the box office could fuel a $1.2 billion year for IMAX, CEO Rich Gelfond told CNBC on Friday. That volume...
Business News
The largest U.S.-based cryptocurrency exchange said Friday that the Securities and Exchange Commission would drop its lawsuit against it, a signal that the Trump...
Business News
Executives at Meta stand to get bigger bonuses this year. The company said in a corporate filing Thursday that it had approved “an increase in the target bonus...
Business News
Amazon has dethroned Walmart in quarterly revenue for the first time ever. Amazon said earlier this month that it brought in $187.8 billion in revenue during the fourth quarter....
Business News
Boeing on Monday sweetened its contract offer and said it was its “best and final” proposal for its more than 30,000 machinists as their strike, which...
Business News
Shares of Trump Media sank Monday to their lowest price since 2021, days after majority owner Donald Trump and other company insiders got the green light to start selling their...
Business News
RENTON, Wash. — Cash-strapped Boeing is facing mounting costs from an ongoing machinist strike as workers push for higher pay. A failure to get a deal done could...
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During a recent event celebrating Foot Locker’s 50th anniversary in New York City, it was hard to imagine that the legacy sneaker chain was appearing on...
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The Federal Trade Commission said Friday that it is suing three drug middlemen, accusing them of inflating insulin prices. The FTC accused the ‘Big...
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A major strike is on the horizon for thousands of maritime workers, posing a threat to East Coast ports responsible for billions of dollars...
Business News
The main national body of the Teamsters union may have declined to endorse a candidate for the 2024 presidential election, but that hasn’t stopped...
Business News
A unit of Pennsylvania’s Three Mile Island nuclear plant will be restarted as part of a new energy-sharing agreement with Microsoft, which plans to...
Business News
Elon Musk’s X and Starlink face nearly $1 million in daily fines for allegedly evading ban in Brazil
Elon Musk’s X faces steep daily fines in Brazil for allegedly evading a ban on the service there, according to a statement from the country’s supreme court...
