FTX CEO Sam Bankman-Fried targeted by campaign finance complaint

FTX CEO Sam Bankman-Fried targeted by campaign finance complaint

Sam Bankman-Fried, Founder and Managing Director of FTX Cryptocurrency Derivatives Exchange, during an interview on an episode of Bloomberg Wealth with David Rubenstein in New York, U.S., Wednesday August 17, 2022. Jeena Moon | Bloomberg | Getty Images An ethics watchdog group has asked the Federal Election Commission to investigate former FTX CEO Sam Bankman-Fried … Read more

GameStop, Dexcom, Cano Health and more

GameStop, Dexcom, Cano Health and more

Traders work on the floor of the New York Stock Exchange (NYSE) under GameStop signage in New York City, August 8, 2022. andrew kelly | Reuters Check out the companies making headlines Thursday at noon. GameStop – Shares of the video game retailer and meme stocks jumped more than 8% even after the company reported … Read more

Harry and Meghan take on UK media in new Netflix documentary

Harry and Meghan take on UK media in new Netflix documentary

“Harry & Meghan” is one of a series of programs the couple are producing under a commercial deal with Netflix. Angela Weiss | AFP | Getty Images Prince Harry and Meghan Markle have denounced what they called the “exploitation and corruption” of the British press in a highly anticipated new Netflix documentary released on Thursday. … Read more

FDA clears Covid omicron vaccines for children as young as 6 months old

FDA clears Covid omicron vaccines for children as young as 6 months old

9-month-old Oliver Harris cries after receiving a coronavirus disease (COVID-19) vaccine at Northwell Health’s Cohen Children’s Medical Center in New Hyde Park, New York, U.S., June 22, 2022. REUTERS/Shannon Stapleton Shannon Stapleton | Reuters The Food and Drug Administration on Thursday authorized updated Covid injections that target the omicron variant for children as young as … Read more

The Ministry of Justice asks the bankers to confess their misdeeds

The Ministry of Justice asks the bankers to confess their misdeeds

U.S. Attorney Marshall Miller (C), William Nardini (R) and Kristin Mace attend a news conference in Rome February 11, 2014. Tony Nice | Reuters Banks and other businesses that proactively report possible employee crimes to the government instead of waiting to be discovered will benefit from more lenient terms, according to a Justice Department official. … Read more

Ciena, GameStop, Rent The Runway and others

Ciena, GameStop, Rent The Runway and others

Check out the companies making headlines before the bell: Respect (CIEN) – The networking equipment maker’s stock jumped 19.1% after surging revenue and net income in its latest quarter. Ciena earned an adjusted 61 cents per share for its latest quarter, versus a consensus estimate of 8 cents. The company also said it expects “outsized” … Read more

Retail investors say stock market will bottom out in 2023: Finimize survey

Retail investors say stock market will bottom out in 2023: Finimize survey

A chart displaying Apple’s stock price on a smartphone app. Jaap Arriens | Nurphoto | Getty Images LONDON — Retail investors have not been scared off by the fall in stocks this year. In 2023, most individual investors plan to invest the same amount or more despite the cost of living crisis, according to a … Read more

Manhattan tenants face sticker shock with average rent of $5,200

Manhattan tenants face sticker shock with average rent of ,200

An ‘Apartments for Rent’ sign outside a building in the East Village neighborhood of New York, USA Gaby Jones | Bloomberg | Getty Images Manhattan rents rose 2% in November, dashing hopes of cooling prices and forcing many tenants to give up their leases or downsize, brokers said. The median rent for a Manhattan apartment … Read more

Wealthy Chinese keep spending while others cut spending: McKinsey survey

Wealthy Chinese keep spending while others cut spending: McKinsey survey

Pictured is a science fiction-themed installation at Maison Hermes in Shanghai, China, November 28, 2022. Edition of the future | Edition of the future | Getty Images BEIJING — Wealthier Chinese were more likely to spend this year, while poorer people cut spending even more, McKinsey and Company found in a survey released Thursday. The … Read more

Hong Kong shares rise around 3% after reports say city plans to ease Covid rule

Hong Kong shares rise around 3% after reports say city plans to ease Covid rule

China’s National Health Commission issues guidelines for treating Covid at home Chinese health authorities announced guidelines on Thursday to treat Covid patients at home, a day after formalizing a policy that allows most infected patients to quarantine at home, as part of the easing measures in the country. The notice on the National Health Commission … Read more