John Malone and his former colleagues on Charter Communications Inc.’s board have settled claims the billionaire unfairly benefited from the $79 billion purchase of Time Warner Cable that he helped finance, according to a securities filing.
A cyberattack in a little-known corner of the derivatives market has Wall Street’s biggest trading desks treading carefully in other markets unscathed by the incident, a sign of jitters pulsing through an industry on watch for such attacks.
Bank of America Corp. Chief Executive Officer Brian Moynihan’s total compensation declined 6.3% to $30 million for his work in 2022, a year in which profit tumbled and the shares sank.
A blockbuster jobs report Friday triggered a morning stock slump and reignited Wall Street worries that the Federal Reserve will keep rates high to fight against inflation.
The high-altitude balloon now floating at 60,000 feet over the continental US is part of a broader Chinese spying program that’s seen many such devices sent over the nation, including some during the Trump administration, according to US officials.
Something has shifted in markets. Fear of stagflation, the return-busting specter of spiraling prices and recession that just sent stocks and bonds to their worst annual drubbing in a generation, has gone missing.
(Bloomberg) — US government bonds slumped Friday as stronger-than-expected job creation and service-sector activity undermined wagers on a recession that will force the Federal Reserve to cut interest rates by year-end.
The jury in Elon Musk’s trial over his tweets 4 1/2 years ago about taking Tesla Inc. private began its deliberations after a lawyer for the chief executive officer argued he’s not a “fire-breathing tweeting monster.”
Pantera Capital has lost its co-Chief Investment Officer Joey Krug, the latest in a series of leadership changes for the embattled crypto venture capital firm.
Oil tumbled to the lowest levels since early January as long-term headwinds overwhelmed the positive sentiment from a strong US jobs report.
