Top Belgian Football Team KAA Gent Seeking to Sell Stake
KAA Gent, one of Belgium’s top football teams, is seeking to sell a stake in the club, according to documents reviewed by Bloomberg News.
Bloomberg Business
What Is Crypto Staking and Why Is the SEC Cracking Down?
In the latest of a string of actions brought by the US Securities and Exchange Commission, the crypto exchange Kraken agreed to pay $30 million to settle allegations that it broke the agency’s rules by offering a service that allowed investors to earn rewards by “staking” their coins. The SEC is pushing to bring crypto operators within the US under the same regulatory framework that governs the sale of all sorts of securities — to treat the tokens much like stocks and bonds. What’s different fro
Izzy Englander’s Wife Withdraws Suit Over Post-Nuptial Agreement
Billionaire Millennium Management Chairman Israel “Izzy” Englander’s wife Caryl withdrew an explosive suit accusing him of pressuring and coercing her into giving up most of her share of their wealth, just a day after filing it.
US Sanctions Six Chinese Firms Connected to Balloon Uproar
The US is adding six Chinese companies to an export blacklist over what it argues are links to a military-backed global balloon espionage program, the Commerce Department said, after a high-altitude balloon traversed the US before being shot down last week.
Ukraine Credit Rating Cut by Moody’s on ‘Likely’ Restructuring
Moody’s Investors Service cut Ukraine’s credit rating to the second-lowest score, citing “long-lasting challenges” to its economy and public finances from the war with Russia.
Pilots of American Airlines Jet in JFK Runway Near Miss Receive Subpoenas
An American Airlines Group Inc. flight crew taxied across a John F. Kennedy International Airport runway without clearance on Jan. 13 as a Delta Air Lines Inc. plane was accelerating for takeoff, prompting it to make a high-speed stop, investigators said Friday.
Wall Street Sees Worst Week of 2023 on Fed Jitters: Markets Wrap
The worst week in 2023 for stocks and bonds saw investors coming to the grips with the idea that the Federal Reserve may indeed have to keep rates higher for longer as it wages a war against inflation.
Russian Moms-to-Be Flock to Argentina Seeking Safety, Passports
More than 30 expecting Russian mothers arrived in Buenos Aires on a single international flight on Thursday evening, the latest among thousands of moms-to-be fleeing the economic effects of the war in Ukraine and seeking out stronger passports in Argentina.
Meal Startup Daily Harvest Layoffs Target More Than 20% of Staff
Daily Harvest, the prepackaged meal startup that is facing lawsuits after customers fell sick from one of its products last year, has embarked on a fresh round of layoffs.
Clock Is Ticking Louder on a Stock Rally the Pros Never Believed In
The buying binge that has propelled US equities almost without interruption for four months is nearing a point where past rebounds caved in.
