Sidney Powell, a prominent conservative lawyer who backed Donald Trump’s efforts to overturn the results of the 2020 election, pleaded guilty and could testify against the former president and others in the election racketeering case in Fulton County, Georgia.
Blackstone Inc., grappling with higher interest rates and stung by a pullback in dealmaking, reported a 12% decline in quarterly profit available to shareholders.
Tesla Inc.’s price cuts this year show customers are no longer willing to pay a premium for its vehicles. That raises a key question on Wall Street: Does its lofty stock-market valuation make sense anymore?
Gemini Trust Co. and Barry Silbert’s Digital Currency Group were sued by New York’s top law-enforcement officer for allegedly defrauding customers of $1.1 billion, escalating legal woes for two companies hit hard by last year’s plunge in cryptocurrency markets.
In the mini-documentary Middle East Shockwave, we show how a regional conflict would imperil more lives, worsen poverty and threaten the global economy.
Harvard University’s endowment earned an investment return of 2.9% during the latest fiscal year, beating rival Yale University and most other Ivy League peers but lagging far behind plain old US stocks.
Federal Reserve Bank of Atlanta President Raphael Bostic said that returning inflation to the central bank’s 2% goal is his priority, while stressing long economic expansions are especially helpful to disadvantaged workers.
Earnings season puts CEOs in front of investors, employees and other stakeholders.
Thoma Bravo managing partner Seth Boro is among a group of investors who last month acquired the Ottawa Senators, a National Hockey League team, according to people with knowledge of the matter.
Apollo Global Management balked at a last-minute rescue of FTX after learning billions of dollars in customer funds were unaccounted for and the exchange wasn’t able to provide legal justifications for the shortfall, a former top lawyer at Sam Bankman-Fried’s crypto empire testified.
