Wintermute Trading Ltd., one of the biggest cryptocurrency market makers, was accused in a proposed class-action lawsuit of helping former Celsius Network Ltd. Chief Executive Officer Alex Mashinsky dupe investors in his now-bankrupt crypto lending firm.
More than 40 world leaders attended the talks that built momentum for a climate-ready financial system.
JPMorgan Chase & Co. is cutting about 40 investment bankers in North America, as the Wall Street giant adds to international reductions amid a dealmaking slowdown.
Brazil’s state-controlled oil producer Petroleo Brasileiro SA is readying to return to global debt markets with a benchmark sale as soon as Monday, people familiar with the matter said.
A British man was sentenced to five years in prison for his involvement in a social media hack that included hijacking Twitter accounts of top US political and business leaders, and for cyberstalking and threatening several individuals.
President Joe Biden told an audience of abortion-rights advocates the only way to restore Roe v. Wade’s protections is for Congress to pass legislation, urging them to keep the issue front-and-center in the 2024 election.
Eli Lilly & Co.’s experimental weight-loss pill helped patients shed pounds quickly in a mid-stage trial, setting the stage for competition to heat up with rivals such as Novo Nordisk A/S that make obesity drugs.
Florida Republican Governor Ron DeSantis promised an audience of conservatives that if elected president he would wage war on what he called woke influence on schools, government and corporate boardrooms.
US stocks notched the worst week since March as anxiety rose that central banks will have to ratchet interest rates higher to tamp down inflation. Bonds rallied on bets that excessive tightening will bring on sharp economic downturns.
Bank stocks’ recovery from their swoon earlier this year took a step back this week, with one prominent analyst cautioning that US lenders face a series of regulatory headwinds over the next few months.
