The age of adventure is being replaced by the realm of reality in the automotive displays at the annual Consumer Electronics Show in Las Vegas, once a fantastical flight of fancy that promised a Jetson’s lifestyle was just around the corner.
General Motors Co. reclaimed its crown as the top-seller in the US, buoyed by steady demand and a rebound in fourth-quarter production even as higher financing costs flash a warning sign for 2023.
The US government has seized — or is in the process of seizing — hundreds of millions of dollars worth of Robinhood Markets Inc. shares as part of the fraud case against Sam Bankman-Fried, founder of the failed crypto firm FTX, lawyers said in court Wednesday.
Celsius Network LLC owns the coins that users placed in interest-bearing accounts with the crypto lender prior to its bankruptcy, a federal judge said in a written ruling Wednesday.
Optimists were still to be found in the world of US exchange-traded funds, where more than 400 new ETFs were launched despite a harsh bear market. Funds took in more than half a trillion dollars as more investors learned to embrace their easier-to-trade and tax-friendly structure.
Salesforce Inc. will cut about 10% of its workforce and reduce real estate holdings after the enterprise software company said it hired too many people during the pandemic-fueled boom and is adjusting to more cautious spending by customers.
Chicago Mayor Lori Lightfoot is using fallen crypto executive Sam Bankman-Fried in an advertising campaign attacking her biggest opponent in this year’s election.
Israel’s new government said it plans to reverse reforms that would have opened up the tightly controlled market of restricted “kosher” phones used by the ultra-Orthodox community.
Coinbase Global Inc., the largest US cryptocurrency exchange, said its US unit reached a $100 million settlement with New York regulators for letting customers open accounts with insufficient background checks.
Crypto broker Genesis told clients in a new update that it needs more time to come up with a solution for the troubles at its lending unit.
