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Arena Group’s stock plummets over 30% after losing rights to Sports Illustrated, laying off staff
Shares of Arena Group Holdings Inc. dropped more than 30% on Friday after the ailing…
Most large cryptocurrencies decline as Cardano tumbles
Most large cryptocurrencies were down during morning trading on Friday, with Cardano ADAUSD, +2.57% seeing…
Opinion: Bitcoin at $1 million. A rival to gold, bonds and the Fed. Bitcoin ETFs have turned these crypto analysts wildly bullish.
When the U.S. Securities and Exchange Commission approved the first bitcoin ETFs earlier this month,…
Wayfair is laying off 1,650 employees, weeks after CEO urged staff to work harder
Wayfair Inc. shares ended Friday’s session up 10.3% after the home-goods retailer announced a workforce reduction…
JetBlue, Spirit Airlines appeal court ruling blocking their proposed merger
JetBlue Airways Corp. and Spirit Airlines Inc. said late Friday that they have appealed a…
Walmart is reportedly closing its innovation hub. It’s the latest in retailer cost cuts.
Walmart Inc. will shut down Store No. 8, the big-box retailer’s startup incubator and innovation…
Russian hacking group accessed Microsoft executive emails, company says
Microsoft Corp. said Friday a Russian hacking group illegally gained access to some of its top…
‘It was just a facade’: USI Tech CEO charged with stealing $150 million in crypto scam
The telltale warning to investors in crypto-investment platform USI Tech should have been when its…
Pimco spots opportunity in mortgages as Fed considers when to stop shrinking its balance sheet
Bond giant Pimco sees upside in the estimated $9 trillion agency mortgage-bond market as the…
Space stocks rally despite Virgin Galactic’s decline
Space stocks rallied Friday — except for Virgin Galactic Holdings Inc., which ended the session…
Oil prices finish higher as traders weigh demand outlook, Middle East supply threats
Oil futures finished higher on Thursday as traders weighed the outlook for demand, as well…
Eni Signs Strategic Agreements in Kazakhstan
By Pierre Bertrand Eni said that it has signed strategic agreements with Kazakh companies KazMunayGas…
Google to Invest $1B to Build UK Data Center
By Ben Glickman Alphabet-owned Google plans to invest $1 billion to build a data center…
Arena Group to Cut More Than 100 Employees
By Ben Glickman Arena Group Holdings will cut more than 100 employees as it grapples…
Celularity CEO Says 2023 Revenue to Rise About 23% to 27%
By Will Feuer Celularity Chief Executive Robert Hariri said the biotechnology company expects to report…