Jamie Dimon warns Congress over debt ceiling drama
US lawmakers risk a global economic crisis if they are unable to reach an agreement on raising the debt ceiling, JPMorgan Chase boss Jamie Dimon...
Redbird Capital grabs 5% stake in helicopter company Blade
RedBird Capital, the firm founded by former Goldman Sachs partner Gerry Cardinale, has acquired a 5% stake in private helicopter company Blade — known for whisking...
Amazon employees say they were laid off by email
Fired Amazon workers griped about the e-retail giant using email to inform them they were no longer needed by the company, according to a published...
Fugitive wanted for $100M New Jersey deli fraud scheme arrested in Thailand
A fugitive charged over an alleged market manipulation scheme in which a small New Jersey deli mysteriously drew a $100 million valuation was arrested last...
CNN’s primetime ratings sink, network mulls adding comedian
CNN’s ratings continue to sink as network boss Chris Licht mulls adding a primetime comedian to juice viewership in order to compete with rivals Fox...
Elon Musk’s ‘split-second decision’ on Tesla ‘funding’ tweet
Elon Musk made a “split-second decision” to send the infamous 2018 tweet in which he claimed to have “funding secured” to take Tesla private, his...
Mortgage rates plunge to lowest level since September
The average long-term mortgage rate fell this week to its lowest level since September, a potential boost to the housing market which has been in...
Bankrupt crypto exchange could restart
Bankrupt crypto exchange FTX is looking into the possibility of reviving its business, Chief Executive Officer John Ray told the Wall Street Journal on Thursday. Ray, who took over the...
Jobless claims unexpectedly fall for third straight week
The number of Americans filing new claims for unemployment benefits unexpectedly fell last week, pointing to another month of solid job growth and continued labor market tightness despite...
Ex-NYT editor Jill Abramson rips paper’s Davos coverage as ‘corrupt circle-jerk’
The New York Times’ reporting at the World Economic Forum’s swanky summit for billionaires in Davos has deteriorated into a “corrupt circle-jerk,” according to the...