Customers Bancorp hit with Fed action for risk management deficiencies
Hidden Values Daily By Pete Schroeder WASHINGTON (Reuters) – The U.S. Federal Reserve announced Thursday it had imposed...
August 2024
Crypto exchange FTX ordered to pay $12.7 billion to customers, US CFTC says
(Reuters) -A U.S. court has ordered bankrupt cryptocurrency exchange FTX to pay $12.7 billion in...
Turkey blocks Roblox access over abuse concerns, justice minister says
GDANSK (Reuters) – Turkey has blocked access to the popular video game platform Roblox over...
How chip giant Intel spurned OpenAI and fell behind the times
By Max A. Cherney SAN FRANCISCO (Reuters) – For U.S. chip giant Intel, the darling...
Indexes fall with tech shares; trade choppy, Treasury auction weak
By Caroline Valetkevitch NEW YORK (Reuters) -U.S. stocks were lower in choppy trading on Wednesday...
Cannabis producer Demecan nears 100-million-euro valuation after fresh funding, source says
By Sourasis Bose (Reuters) – Demecan Group, one of Germany’s largest cannabis producers, recently completed...
Lumen Technologies shares extend AI-fueled surge after rosy cash-flow outlook
NEW YORK (Reuters) – Shares of Lumen Technologies surged 30% on Wednesday, extending gains from...
U.S. regulators fine Piper Sandler $16 million for record-keeping failures
(Reuters) – Piper Sandler has agreed to pay a total of $16 million as a...
Google monopoly ruling could help Apple defense in antitrust case
By Jody Godoy (Reuters) – Apple could be the winner after Alphabet’s Google lost its...
Musk’s X accuses advertisers of illegal boycott in new lawsuit
By Mike Scarcella (Reuters) – Elon Musk’s social media platform X on Tuesday sued a...