Disney investor sues over company’s response to ‘Don’t Say Gay’ bill
A Disney investor claimed the Mouse House created a “far-reaching” financial risk for itself by opposing Florida’s controversial so-called “Don’t Say Gay” bill, according to...
‘Grossly inexperienced’ execs used QuickBooks
FTX’s new CEO blasted Sam Bankman-Fried and his top business associates during scorched-earth testimony before a key House panel on Tuesday — just hours after...
Sam Bankman-Fried admitted he ‘f–ked up’ in draft to Congress
Disgraced FTX founder Sam Bankman-Fried had planned to admit that he “f—ked up” while under oath Tuesday on Capitol Hill, according to written remarks that...
Consumer prices rose 7.1% in November — slowest pace in a year
Inflation slowed more than expected in November to its slowest pace in a year – raising hopes that the Federal Reserve will ease the torrid...
Disgraced FTX founder Sam Bankman-Fried arrested in The Bahamas after charges filed in US
Accused crypto crook Sam Bankman-Fried has been busted in the Bahamas — accused of “massive, years-long fraud” that defrauded investors out of $1.8 billion through “a house...
This huge fast-food chain ranks last in customer loyalty
These customers aren’t McLoyal. While McDonald’s may be the world’s largest fast food chain, it ranks dead last in customer loyalty, according to a new...
Goldman Sachs to chop at least 400 in retail banking unit: report
Goldman Sachs aims to cut at least a few hundred more jobs, Bloomberg Law reported on Monday, citing people familiar with the matter. The bank is...
New IRS rule on Venmo, cash apps could penalize millions
Americans who made money online this year could be in for a potentially brutal shock when they file their taxes in 2023. That’s because, beginning...
Recession fears rise as Fed eyes another interest rate hike
Investors are increasingly worried that the Federal Reserve will steer the US economy into a major recession – even as policymakers meet Tuesday to consider...
Nestle to build $43M facility in war-torn Ukraine
Nestle will invest $42.88 million to launch a new production facility in western Ukraine, the company said on Monday. Nestle is one of very few...