Casino magnate Steve Wynn agreed to pay a $10 million fine and will be banned from Nevada’s gambling industry under an agreement approved Thursday to resolve a sexual misconduct complaint filed by state regulators.
Surf Air Mobility Inc. began trading at $5 a share and fell 37% from there in the first significant direct listing in the US in almost two years.
JPMorgan Chase & Co.’s asset-management arm has entered into a new joint venture to develop rental houses with single-family landlord AMH.
The co-founder of leading crypto market maker Wintermute Trading Ltd. plans to move to Singapore along with some of his staff as the digital-asset industry increasingly turns to Asia for growth opportunities.
GameStop Corp., the struggling video game retailer, said Chief Financial Officer Diana Saadeh-Jajeh resigned, effective Aug. 11.
US regulators unveiled plans to impose even tighter capital rules on big banks, setting up a battle with the industry over whether the push for financial stability will make the country’s lenders less competitive.
T-Mobile US Inc. exceeded Wall Street’s estimates for profit and mobile phone customer gains and raised its subscriber forecast for the year, a strong sign that the No. 2 carrier is using its 5G lead to gain market share from its wireless peers.
Mastercard Inc.’s card volume rose more than expected as consumers continued to flock to overseas travel destinations and other entertainment options.
Hertz Global Holdings Inc. plunged the most in more than a year after reporting rising costs, even as earnings for the second-quarter beat analyst estimates.
Petroleos Mexicanos bonds soared, leading gains in emerging markets, as the company and the government signal sovereign support to the driller’s massive debt load.
