Ike Perlmutter, the chairman of Marvel Entertainment who’s had a volatile tenure at Disney, was reportedly among the latest round of job cuts at the entertainment giant. Story Published at: March 30, 2023 at 12:53PM Continue Reading…
Bob Iger Ousts a Marvel Antagonist
UBS Taps an Ex-C.E.O. to ‘Pilot’ its Takeover of Credit Suisse
Sergio Ermotti helped the bank recover after the 2008 financial crisis, but faces a tougher task this time around. Story Published at: March 29, 2023 at 01:20PM Continue Reading…
Banking Regulators Prepare for Tough Questions from Lawmakers
Three top officials will testify in Congress about the turmoil caused by the collapse of Silicon Valley Bank, and their role in it. Story Published at: March 28, 2023 at 12:34PM Continue Reading…
Binance Is Hiding U.S. Crypto Trading Activity, Regulator Says
The C.F.T.C. wants to permanently ban the cryptocurrency exchange and its founder from commodities markets. Story Published at: March 27, 2023 at 05:52PM Continue Reading…
Markets Climb as Silicon Valley Bank Finally Finds a Buyer
First Citizens agreed on Sunday to acquire the failed lender’s retail operations, a move that will cost taxpayers but is reassuring investors. Story Published at: March 27, 2023 at 12:51PM Continue Reading…
A Crypto Fugitive’s Very Public Life While on the Run
Do Kwon, the founder of the failed crypto company Terraform Labs, is facing charges by the authorities in both South Korea and the United States. Story Published at: March 24, 2023 at 08:28PM Continue Reading…
TikTok’s C.E.O. Struggles to Make his Case in Washington
Lawmakers interrogated Shou Chew over the video app’s ties to the Chinese government in a hearing that suggests the company’s problems are far from over. Story Published at: March 24, 2023 at 12:38PM Continue Reading…
The Younger Brother Caught in the Middle of the FTX Investigation
The collapse of Sam Bankman-Fried’s business empire has led federal prosecutors to scrutinize his brother, Gabe, who ran a pandemic-prevention group. Story Published at: March 24, 2023 at 07:00AM Continue Reading…
Crypto Fugitive Do Kwon Is Arrested in Montenegro, Officials Say
Mr. Kwon, the entrepreneur behind the failed TerraUSD and Luna cryptocurrencies, was headed to Dubai, Montenegro’s Interior Ministry said. Story Published at: March 23, 2023 at 08:39PM Continue Reading…
Markets Struggle to Decide Where Banking Rules Go From Here
Jerome Powell, the chair of the Federal Reserve, and Treasury Secretary Janet Yellen said that more must be done to rein in banks. What that looks like is unclear. Story Published at: March 23, 2023 at 11:52AM Continue Reading…