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June 30, 2022

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Business

Crypto Hedge Fund Three Arrows Ordered by Court to Liquidate

June 29, 2022 - by adminaws - Leave a Comment

A British Virgin Islands court ordered the liquidation of Three Arrows Capital Ltd. after creditors sued the cryptocurrency hedge fund for failure to repay debts. Nichol Yeo, a partner at …

Crypto Hedge Fund Three Arrows Ordered by Court to Liquidate Read More
Business

Bed Bath & Beyond CEO Mark Tritton Exits as Sales Plunge

June 29, 2022 - by adminaws - Leave a Comment

When Mark Tritton took the helm of Bed Bath & Beyond in 2019, he moved quickly to overhaul the home-goods chain by cleaning up crowded aisles, scaling back coupons and …

Bed Bath & Beyond CEO Mark Tritton Exits as Sales Plunge Read More
Business

NIO shares extend losses as Chinese EV maker denies short-seller report

June 29, 2022 - by adminaws - Leave a Comment

NIO Inc.’s shares in Hong Kong extended declines in afternoon trading after the company denied accounting allegations in a report by short seller Grizzly Research LLC. The stock NIO, -2.57% …

NIO shares extend losses as Chinese EV maker denies short-seller report Read More
World News

An Oil Price Cap for Russia?

June 29, 2022 - by adminaws - Leave a Comment

Oil tanks at Volodarskaya LPDS production facility in the village of Konstantinovo in the Moscow region on June 8. Photo: MAXIM SHEMETOV / REUTERS The US and Europe have been …

An Oil Price Cap for Russia? Read More
Business

Tesla Deliveries Are Coming. What the Results Could Mean for the Stock.

June 29, 2022 - by adminaws - Leave a Comment

Text size Tesla stock is down about 16% for the current quarter. Nicholas Asfouri / AFP via Getty Images Tesla ‘s second-quarter delivery results are expected to arrive in early …

Tesla Deliveries Are Coming. What the Results Could Mean for the Stock. Read More
Business

Pinterest CEO Is Stepping Down, Google Commerce Executive to Take Top Job

June 28, 2022 - by adminaws - Leave a Comment

Pinterest longtime chief executive is stepping down and a Google commerce executive is taking over the top job, the social-media company said Tuesday. Ben Silbermann, who co-founded Pinterest in 2010 …

Pinterest CEO Is Stepping Down, Google Commerce Executive to Take Top Job Read More
Business

How long will stocks stay in a bear market? It likely hinges on if a recession hits, says Wells Fargo Institute

June 28, 2022 - by adminaws - Leave a Comment

When the S&P 500 officially dropped into a bear market on June 13, closing down more than 20% from its last peak, it stirred debate about whether investors should hold …

How long will stocks stay in a bear market? It likely hinges on if a recession hits, says Wells Fargo Institute Read More
Local News

Democrats Weigh New Abortion Legislation After Roe v. Wade Overturned

June 28, 2022 - by adminaws - Leave a Comment

WASHINGTON — Democrats were wrestling with where to focus their legislative response to the Supreme Court ruling ending federal abortion protections, after Republicans stymied the party’s previous attempts to enact …

Democrats Weigh New Abortion Legislation After Roe v. Wade Overturned Read More
Business

SEC fines Ernst & Young $ 100 million for employees cheating on CPA ethics exams

June 28, 2022 - by adminaws - Leave a Comment

Accounting giant Ernst & Young will pay $ 100 million to settle charges with the Securities and Exchange Commission that hundreds of its employees cheated on the ethics components of …

SEC fines Ernst & Young $ 100 million for employees cheating on CPA ethics exams Read More
Business

Nike Posts Flat Sales, Jump in Inventories

June 28, 2022 - by adminaws - Leave a Comment

Nike Inc.’s quarterly sales were roughly flat and its inventory surged, signs that the sneaker giant is still trying to balance consumer demand with supply-chain snarls. Executives said they were …

Nike Posts Flat Sales, Jump in Inventories Read More

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