Bloomberg Business

Hawaiian Electric Woes Risk Wiping Out the Value of Its Utility 

Hawaiian Electric Industries Inc. shares notch the worst weekly drop in at least four decades on concern it may be responsible for the fires that ravaged the island of Maui, with Wells Fargo’s analyst warning the possible liabilities could be large enough to wipe out the value of its utility arm.

Trump Attorney’s Grand Jury Records to Remain Secret, Judge Rules

A federal judge in Washington won’t release records about the secret court fight prosecutors waged to force one of Donald Trump’s lawyers to testify and turn over documents in the criminal probe into the former president’s handling of classified information.

Bitcoin Calm Shatters With Sudden Tumble, Mass Liquidations

A period of unusual calm in crypto markets ended abruptly this week as the notion of higher-for-longer interest rates sparked a selloff in risk assets like Bitcoin, leading to mass liquidations of bullish bets.

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