Amazon has launched a cost-cutting review focused on unprofitable business units
admin Amazon.com Inc. AMZN, +13.19% Chief Executive Andy Jassy is leading a cost-cutting review of the…
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U.S. Treasury says currency-market intervention should be reserved for ‘very exceptional circumstances’ in response to Japan’s September move
The U.S. Treasury Department on Thursday said it expects currency-market interventions, like Japan’s in September,…
Read MoreWHO says 90% decline in COVID deaths since Feb. is ’cause for optimism,’ while urging vigilance against new variants
The head of the World Health Organization said a close to 90% decline in COVID…
Read MoreNew homeowners and renters are hit hard by October inflation — here’s how they’re cutting back on expenses to beat rising costs
Inflation is cooling, but shelter makes up the lion’s share. Headline inflation fell by more…
Read MoreSam Bankman-Fried takes blame for FTX liquidity issues: ‘I fucked up’
Crypto exchange FTX is undergoing significant liquidity issues, and CEO Sam Bankman-Fried “asked for help”…
Read MoreHow a Connecticut pharmacist went from $230,000 in debt to $0 and changed his entire life
To get out of more than $230,000 of debt, Ludwig Rosiclair had to get rid…
Read MoreFTX-Binance ordeal has not shaken venture capital confidence in crypto industry
Venture capitalists and investors are rethinking what it means to invest in crypto companies after…
Read MoreA ‘cascade of margin calls’ deleveraging, crypto failures and bitcoin at $13,000 are likely amid FTX fallout
A “new wave of crypto deleveraging” is likely under way, with bitcoin itself poised to…
Read MoreU.S. jobless claims tick higher in latest week
The numbers: Initial jobless claims rose 7,000 to 225,000 in the week ended November 5,…
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Canopy Growth, Tilray eye growth from non-cannabis drinks
Canopy Growth may be known for being one of Canada’s largest cannabis companies, but its…
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