Lyft Inc. agreed to pay a $10 million penalty to settle US Securities and Exchange Commission claims that it failed to disclose a board director’s role in helping Carl Icahn sell his stake to George Soros just before the company’s initial public offering in 2019.
US Steel Corp. is idling an Illinois blast furnace that Donald Trump visited as part of his self-proclaimed “rescue” of the American steel industry five years ago, as it moves to balance production levels against the demand impact from customers affected by the United Auto Workers strike.
Trading volume on Binance.US is evaporating as the cryptocurrency exchange’s fight with US regulators intensifies.
UBS Group AG sold its first bond at the holding company level since the takeover of Credit Suisse in March.
Citigroup Inc. will eliminate layers of management focused on specific regions as part of Chief Executive Officer Jane Fraser’s biggest restructuring in at least two decades.
Billionaire Ken Griffin criticized Ron DeSantis’s ongoing feud with Walt Disney Co., calling the Florida governor’s battle with a major employer in his state “pointless.”
Carrier Global Corp., looking to slim down to focus on its energy and climate businesses, is exploring listing its commercial and residential fire unit on the stock market as part of a split, according to people familiar with the matter.
Stocks, bonds and the dollar saw small moves at the start of a busy week for major central banks, whose rate decisions will set the tone for global markets for the rest of the year.
Crypto-focused Blockchain Capital has raised $580 million across two new funds, one of the biggest raises for the asset class this year and the largest for the venture firm in its 10-year history.
Brazil revised up its 2023 growth forecast following a better-than-expected economic performance in the first half of the year, while keeping inflation estimates unchanged.
