Singapore's Temasek Holdings said it cut compensation for the team that recommended investing in the now-bankrupt FTX cryptocurrency exchange and for senior management, as they take "collective accountability" for the failed investment.
Shares of Paramount Global rose by more than 6% on Friday after its controlling shareholder, media mogul Shari Redstone's National Amusements Inc, announced it had received a $125 million investment from a private equity firm.
Experienced tech investors are hunting for undervalued opportunities in an over-valued space.
AT&T Inc's DirecTV on Thursday announced a multi-year deal to broadcast the Sunday Ticket package of National Football League (NFL) games for commercial locations including bars, restaurants and casinos in the United States.
OpenAI Chief Executive Sam Altman has raised $115 million in a Series C funding round led by Blockchain Capital for a cryptocurrency project he co-founded.
Stellantis has invested in Lyten to help the U.S. startup develop applications for lithium-sulfur EV batteries, lightweight composites and on-board sensing solutions, the two companies said on Thursday.
A look at the day ahead in U.S. and global markets from Mike Dolan Two of the year's dominant themes vied for investor attention overnight as the debt ceiling impasse threatened the U.S. government's credit rating and chipmaking giant NVIDIA soared almost 30% on the artificial intelligence boom.
London Stock Exchange Group said on Thursday its group Chief Financial Officer Anna Manz would relinquish her role next year to take a similar position outside the financial industry.
Bankrupt crypto lender Celsius Network LLC said on Thursday it has chosen Fahrenheit's proposal as the winning bid to manage a new entity to be owned by its creditors, directing itself out of bankruptcy.
Riding off its latest funding round, Latin American "property tech" startup La Haus is looking to strengthen its digital muscle and improve its online infrastructure for home buyers, a company executive told Reuters on Wednesday.
When Kevin McCarthy was struggling early this year to get enough votes from his own Republicans to become Speaker of the House of Representatives, Democratic President Joe Biden called the prolonged saga a national embarrassment, then had a little fun.