There are lot of funds that have just ‘vanished’: Daniel Roberts
Decrypt editor in chief Daniel Roberts discusses the latest on FTX’s crypto bankruptcy on ‘Fox Business Tonight.’
HP says it will cut workforce by 4,000-6,000 by end of fiscal 2025
Computer maker HP Inc. said Tuesday the company has plans to reduce its workforce by 4,000 to 6,000 employees by the end of fiscal 2025. The company employs over 50,000.
The holiday season won't be great for small businesses: Gene Marks
Small business columnist Gene Marks weighs in on layoffs ahead of the holiday season and what small businesses can do to prepare for lower year-end profits.
Amazon Alexa on track to lose $10 billion this year, described as 'colossal failure' in new report
Amazon's voice assistant Alexa is part of a devices unit at the company that is expected to lose about $10 billion in 2022, according to a new report.
Rail unions will 'stand strong,' won't 'capitulate' to Biden deal: Sal Stile
Alba Wheels Up International founder Sal Stile says he's warned logistics companies against relying on the rail system as much this holiday season amid a looming union strike.
Rail union strike would create a ‘crippling’ economy, industry official warns
Association of American Railroads CEO Ian Jeffries says major rails are "ready, willing and able" to reach new negotiations and avoid creating a "crippling economy" with a strike.
US railroads doing 'everything we can' to prevent economic 'crippling' from strike: Ian Jeffries
Association of American Railroads President and CEO Ian Jeffries says the companies are 'ready, willing and able' to negotiate new terms with rail unions.
FTX founder Sam Bankman-Fried: What to know about the ex-crypto exec
Sam Bankman-Fried co-founded the FTX trading platform in May 2019 after launching Alameda Research with friends two years earlier. Here are fast facts about the former crypto executive.
Big Tech layoffs are 'overexuberance' of market bullishness: Daphne E. Jones
The Board Curators founder and CEO Daphne E. Jones argues Big Tech 'is going to come back' after massive industry layoffs.
Rail strike resurfacing is 'another example' of too much politicization: Grover Norquist
Americans for Tax Reform President Grover Norquist argues the Republican Party has the 'power of the purse' now.
FTX bankruptcy pits US vs. Bahamas in battle for billions
A Delaware judge will hear a motion Tuesday seeking to transfer the Chapter 15 case filed by provisional liquidators in the Bahamas to the jurisdiction of the Delaware bankruptcy court.
Prepare for a bigger paycheck: Companies plan record-high increases in 2023
Companies are preparing to give record-high pay increases next year as inflation and a labor shortage force employers to work for a limited number of workers.
FTX fallout: How long will crypto regulation take?
Floating Point Group co-founder Kevin March discusses if cryptocurrencies can prove to be a valid business model after the FTX scandal on 'The Claman Countdown.'
Fallen FTX boss spent lavishly in Bahamas while allegedly misusing customer funds
Sam Bankman-Fried spent a massive amount of money during his year in the Bahamas — before his crypto empire collapsed and declared bankruptcy earlier this month.
Housing bracing for downturn as investors try to get ahead of Fed: Michael Kantrowitz
Piper Sandler chief investment strategist Michael Kantrowitz discusses the health of the U.S. economy and where the housing market heads as the Fed continues to raise rates on 'Mornings with Maria.'
Regulatory expert: FTX 'jurisdiction shopped' to locate in lax regulatory environment
A dispute between two FTX entities is spotlighting the problems of a cryptocurrency industry that has companies in multiple countries and no overall regulation.
If we don't have a recession, we'll have worse inflation: Steven Blitz
TS Lombard Chief U.S. Economist Steven Blitz discusses recession risk in the country and the Fed's handling of the economy.
Elizabeth Holmes and Sam Bankman-Fried: How wunderkinds go wild
Theranos' Elizabeth Holmes and FTX's Sam Bankman-Fried were two tech entrepreneurs who rose and fell on bad decision-making. Coaching may have prevented disaster.
Cryptocurrency exchange FTX owes more than $3 billion to creditors
Cryptocurrency exchange FTX, which filed for bankruptcy protection last week, said in a court filing that it owes its 50 largest creditors more than $3 billion.
Diesel price increase affects trucking industry
Truckers and trucking companies nationwide see no end in sight as the price of diesel continues to rise, with many forced to add a fuel surcharge as a result.