Tag results for: Business

The Brief: The parties that worked at Coinbase knew what Crypto Coins would be listed on the Coinbase network, and pretty much every coin ever listed on their site proceeds to have a huge spike in price. The parties knew ahead of time what would be listed, allegedly bought the coins directly, and when it was announced they would be...

On Thursday, a jury found Sunny Balwani, the former president and COO of the now-defunct and bankrupt blood-testing business Theranos, guilty on 12 charges of conspiracy and fraud against investors and clients. It's the same judgment that Theranos founder and former CEO Elizabeth Holmes, who once dated Balwani, received in January. If you haven't watched the TV series "Dropout",...

After a number of western companies started to leave or cease business in Russia, such as McDonald's, Starbucks, Car manufacturers, and many other brick and mortar establishments, Russia seems to be implementing a new law to punish future ones. This new law would allow the state to take control of the local businesses of western companies that decide to...

t his is an interesting time, economically speaking, among everything else that is going on in the world. Following an announcement by the Federal Reserve on Wednesday, rates were raised by 25 basis points. As this is the first time Jerome Powell and his friends decided to make a move since 2018, all eyes have been and continue to glance...

Oil prices soared on Tuesday and investors shifted more money into ultra-safe US government bonds as Russia stepped up its war on Ukraine. Stocks fell following a volatile day for major indexes as investors tried to measure how the conflict will impact the global economy. The S&P 500 index fell 0.7 percent as of 10:14 am Eastern. The Dow Jones Industrial...