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Markets
Custodia Bank laying off employees as Biden admin’s crypto crackdown weighs on digital asset industry
The Biden administration’s regulatory crackdown on cryptocurrency has caused a significant restructuring at a small, but high-profile…
Morgan Stanley’s profit jumps as investment banking recovers
Morgan Stanley's profit rose in the second quarter as investment banking activity rebounded on strength…
Disney’s win, jobs blowout, gold shines and solar eclipse mania
-Job growth in March wowed even the most bullish economists -Stocks closed out a wild…
Ford postpones rollout of some new EVs as demand wanes
Ford Motor Co. is pumping the brakes on the production of two forthcoming electric vehicle…
Apple escalates Epic Games feud by blocking Fortnite app in EU
Apple escalated its feud with Epic Games on Wednesday, blocking the Fortnite video-game maker from…
Embattled bank NYCB lands $1B investment from group including Mnuchin’s firm
New York Community Bank (NYCB) on Wednesday said it raised $1 billion from investors including…
NYCB takes more action as CEO works a new business plan
The incoming CEO of New York Community Bank (NYCB) said Thursday he's working on a…
Rivian says it has two new EV SUV lines coming, including one previously unannounced
Rivian’s electric vehicle lineup is getting bigger – including a product line that hadn’t been…
Honda’s first electric SUV qualifies for full EV tax credit
Most people who buy Honda’s first-ever electric SUV will be able to take advantage of…
Stocks, bitcoin’s bounce, Apple’s slide and Costco’s clue
— Stocks and bitcoin climb to new records — The jobs report was mixed, but will…
Mnuchin putting together US investor group to buy TikTok
Former Treasury Secretary Steven Mnuchin is putting together a group of U.S. investors to buy…
Reddit aiming for $6.5B valuation in long-awaited IPO
Reddit is targeting a $6.5 billion valuation in its forthcoming initial public offering (IPO), the…
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