Business & Markets News

The loss was worse than expected.

DOJ is recommending that Changpeng Zhao, the founder of the world’s largest crypto exchange, Binance, serve 36 months in prison.

Meanwhile, federal Treasurer Jim Chalmers has said the drop in annual inflation occurred under Labor.

Rep. Virginia Foxx, a Republican, argued that the regulation could leave companies riddled with new additional costs.

The coffeehouse chain is fighting a lower court order forcing it to rehire labor organizers whom Starbucks claims violated company policy.

The U.S. dollar surged to a 34-year high against the Japanese yen.

US President Joe Biden proposed to increase the current 7.5 percent average tariff rate for steel to 25 percent.

Tesla owner Elon Musk says the layoffs ‘will enable us to be lean, innovative, and hungry for the next growth phase.’

Last year, Nasdaq notified Tritium that it was not in compliance with the minimum bid price requirement.

‘We think it’s vital to strangle this new illegal power grab,’ Scott Shepard, director of the Free Enterprise Project, said.

BHP continues to review its plans for the assets while focusing on preserving cash.