Bloomberg Business

Oil clung to gains as a disagreement between Iraq and Kurdish officials curtailed exports and fears of a banking meltdown receded.

President Joe Biden touted legislation providing subsidies for semiconductors Tuesday in North Carolina, highlighting his economic agenda in a crucial battleground state for the upcoming presidential election.

Terraform Labs co-founder Do Kwon, wanted by the US over a cryptocurrency fraud that wiped out at least $40 billion in market value, is being held in standard medical quarantine in Montenegro, a local prison official said.

Terraform Labs co-founder Do Kwon told officials in Montenegro he had enjoyed luxury treatment during months on the run over a cryptocurrency fraud that wiped out at least $40 billion.

Terraform Labs co-founder Do Kwon, who presided over a more than $40 billion cryptocurrency implosion last year, was arrested in Montenegro and charged with fraud by US prosecutors.

A top US regulator’s case against Binance Holdings Ltd. is mushrooming well beyond Changpeng Zhao’s company and rattling American firms that officials say worked with the exchange to trade crypto.

Terraform Labs co-founder Do Kwon, who’s wanted by the US over an alleged crypto fraud that erased at least $40 billion in market value, denies allegations he tried to leave Montenegro using a fake passport, his lawyer said Saturday.

TV Azteca saw measures of profitability plunge in the last three months of 2022 as costs related to the World Cup and new shows by far offset gains in sales.

Goldman Sachs Group Inc. is shaking up the leadership ranks at the heart of its capital-market business after a big overhaul in October that merged investment banking and trading operations all in one.