Celsius Network LLC is considering issuing a new digital-asset token to repay creditors as part of a proposal to reorganize and exit bankruptcy as a regulated crypto platform, the company said in court Tuesday.
Walensky to have more direct oversight of agency divisions, heighten focus on health equity, data
WWE Inc. investors leading litigation over chairman Vince McMahon’s surprise return are fighting over the path forward, after McMahon rescinded certain bylaw changes that would have seized power from the company’s board.
(Bloomberg) — Royal Bank of Canada Chief Executive Officer Dave McKay said the extra cash that the country’s consumers and businesses have saved up may make the expected economic downturn mercifully short.
Sweden sought to calm tensions in its NATO accession process after Turkey threatened to block its entry to the defense alliance and Finland hinted that a permanent obstacle might cause it to consider joining alone.
Nigeria cooked up fictitious allegations in a politically motivated campaign to dodge a massive $11 billion arbitration award, a hedge-fund backed firm claimed at a London trial over the legality of the disputed payout.
Economic strains that have pushed a number of colleges and universities to the brink show no signs of stopping, with Holy Names University in Oakland, California, the first to default on its debt in 2023.
Financial Services Committee Chairman Patrick McHenry on Tuesday privately warned fellow House Republican leaders to be reasonable and realistic as they demand federal spending cuts in exchange for raising the nation’s debt ceiling, a person familiar with the discussion said.
A chaotic open for some stocks listed on the New York Stock Exchange sent chills across Wall Street as dozens of the largest companies in the US seemed to erase billions of dollars in market value for no apparent reason, leaving some investors frustrated and others clamoring for an explanation.
The New York Stock Exchange is probing what caused wild price swings and trading halts when the market opened on Tuesday as shares for dozens of the biggest US companies suddenly plunged or spiked.
