FTX logo displayed on a phone screen and representation of Bitcoin cryptocurrency are seen in this illustration photo taken in Krakow, Poland on November 14, 2022. Jakub Porzycki | Nurphoto | Getty Images Crypto venture firm Multicoin Capital told investors in a letter on Thursday that FTX’s collapse and the …

The logo of Meta Platforms is seen in Davos, Switzerland, May 22, 2022. Arnd Wiegmann | Reuters Meta Platforms reportedly fired or disciplined more than two dozen employees and contractors who allegedly compromised and took control of Facebook user accounts, The Wall Street Journal reported Thursday. Bribery was involved in …

Around 35,000 delegates from nearly 200 countries are expected to convene in the Red Sea resort town of Sharm el-Sheikh to discuss collective action to tackle the climate emergency. Ahmad Gharabli | Afp | Getty Images As talks at the COP27 climate summit enter the final stretch, government ministers and …

Starbucks official reusable red cup, left, and red cup from Starbucks Workers United. Source: Starbucks; Starbucks Workers United Workers at more than 100 unionized Starbucks locations plan to strike on Thursday, one of the chain’s biggest sales days of the year. To celebrate the holiday season, Starbucks every year gives …

Check out the companies making headlines before the bell: Macy’s (M) – Macy’s stock leaped 9.6% in the premarket after the retailer reported better-than-expected profit and revenue. Same-store sales fell less than expected and the company also raised its earnings outlook. BJ’s Wholesale (BJ) – BJ’s added 2.4% in premarket …

Binance’s chief strategy officer said it took his company two hours of due diligence on FTX to determine that Sam Bankman-Fried’s crypto exchange was beyond saving. “It was like a bomb went off in that place,” Patrick Hillmann, Binance CSO, told CNBC on Thursday. “You know, we’re getting on calls, …

For decades, Silicon Valley tech darlings like Google, Apple, Facebook and Twitter set the gold standard of making it in the tech space. Employees wanted to work for innovative leaders, enjoy vast campuses that catered to their every need and use their talents to build some of the most influential …

Sam Bankman-Fried, founder and chief executive officer of FTX Cryptocurrency Derivatives Exchange, speaks during an interview on an episode of Bloomberg Wealth with David Rubenstein in New York, US, on Wednesday, Aug 17, 2022. Jeenah Moon | Bloomberg | Getty Images FTX in a bombshell emergency court filing Thursday said …

Uma Valeti, CEO and founder, UPSIDE Foods speaks at the 2021 Milken Institute Global Conference in Beverly Hills, California, October 18, 2021. David Swanson | Reuters The Food and Drug Administration for the first time cleared a lab-grown meat product developed by a California start-up as safe for human consumption, …

Yongyuan | E+ | Getty Images Data suggests some retirement savers are seeking out safe havens within their 401(k) plans. But the move may hobble those investors in the long run; in fact, it may have done so just last month. Investors sold out of target-date funds and large-cap U.S. …