‘Pharma bro’ Martin Shkreli yet to pay $65M fine: FTC
The Federal Trade Commission asked a federal judge on Friday to hold Martin Shkreli in contempt for allegedly impeding its efforts to ...
Tag: Business
Thousands of kids pajamas sold at Etsy, Macy’s recalled for burn risks
Tens of thousands of children’s pajama sets are being recalled for failing to meet federal flammability standards. Approximately 38,740 children’s PJ sets ...
Goldman Sachs’ consumer business facing Fed probe: report
The Federal Reserve is probing the consumer business of Goldman Sachs to determine whether the bank had appropriate safeguards in place as ...
Existing home sales plunge in December to 12-year-low
US existing home sales plunged to a 12-year low in December, but declining mortgage rates raised cautious hope that the embattled housing market could be ...
Google parent Alphabet to lay off 12,000 workers
Alphabet Inc is eliminating 12,000 jobs, its chief executive said in a staff memo shared with Reuters. The cuts mark the ...
Reed Hastings steps down as Netflix CEO amid subscriber gains
Netflix co-founder Reed Hastings announced on Thursday he will step down as chief executive, handing the reins of the streaming service ...
Redbird Capital grabs 5% stake in helicopter company Blade
Redbird Capital, the firm founded by former Goldman Sachs partner Gerry Cardinale, has acquired a 5% stake in private helicopter ...
Mortgage rates plunge to lowest level since September
The average long-term mortgage rate fell this week to its lowest level since September, a potential boost to the housing ...
Bankrupt crypto exchange could restart
Bankrupt crypto exchange FTX is looking into the possibility of reviving its business, Chief Executive Officer John Ray told the Wall Street Journal on Thursday. ...
Jobless claims unexpectedly fall for third straight week
The number of Americans filing new claims for unemployment benefits unexpectedly fell last week, pointing to another month of solid job growth and ...
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