Brian Armstrong, co-founder and chief executive officer of Coinbase Inc., speaks during the Singapore Fintech Festival, in Singapore, on Friday, Nov. 4, 2022. Bryan van der Beek | Bloomberg | Getty Images Coinbase shares closed down more than 14% Thursday, after CEO Brian Armstrong voiced concern on rumors that the …
Read More »
Lt. Gen. Douglas Sims II, director of operations for the Joint Chiefs of Staff, during a Senate Appropriations Subcommittee hearing in Washington, DC, on Thursday, Feb. 9, 2023. Anna Rose Layden | Bloomberg | Getty Images WASHINGTON — The U.S. Senate held its first public hearing on the Chinese spy …
Read More »
Dan Schulman, CEO of Paypal, attends the annual Allen and Co. Sun Valley media conference in Sun Valley, Idaho, July 10, 2019. Gerard Miller | CNBC PayPal said on Thursday that CEO and president Dan Schulman will retire and leave the company at the end 2023. Schulman, who became PayPal …
Read More »
Kraken is one of the world’s largest crypto exchanges. Tiffany Hagler-Geard | Bloomberg via Getty Images Crypto exchange Kraken will shutter its U.S. cryptocurrency staking operation and pay a $30 million fine to settle an enforcement action alleging it sold unregistered securities, the Securities and Exchange Commission said Thursday. The SEC …
Read More »
Noah Berger | Bloomberg | Getty Images Yahoo will lay off more than 20% of its workforce by the end of 2023, eliminating 1,000 positions by the end of this week alone, the company said in a statement Thursday. Private equity firm Apollo Global Management acquired 90% of Yahoo from …
Read More »
The SpaceX launch pad is seen from the window of Air Force One at Kennedy Space Center, Wednesday, May 27, 2020, in Cape Canaveral, Fla. Evan Vucci | AP WASHINGTON — Space companies are launching more rockets than ever, ratcheting up competition for air space just as travelers return to …
Read More »
US Vice President Kamala Harris speaks about the administrations investments and actions to combat the climate crisis, at Georgia Institute of Technology in Atlanta, Georgia, on February 8, 2023. Cheney Orr | Afp | Getty Images Young people who are considering careers in climate change work have a significant advantage …
Read More »
Nelson Peltz declared his proxy fight with Disney was over Thursday after the entertainment giant unveiled a vast restructuring plan, cost cuts and 7,000 layoffs. “Now Disney plans to do everything we wanted them to do,” Peltz told Jim Cramer on CNBC’s “Squawk on the Street” on Thursday. “We wish …
Read More »
A girl waiting in line to pick up an order at a McDonald’s restaurant. Oleksii Chumachenko | SOPA Images | Lightrocket | Getty Images Fast-food chains are looking like the big winners in the fourth quarter — and beyond — as fast-casual and casual-dining restaurants struggle to attract customers. Many …
Read More »
Marc Benioff, cofounder and CEO of Salesforce, attends a session at the Congress centre during the World Economic Forum in Davos, Switzerland, on January 17, 2023. Fabrice Coffrini | Afp | Getty Images Dan Loeb’s hedge fund Third Point has built a position in Salesforce, expanding the group of activists …
Read More »
EU News Digest Latest News & Updates