During the boom in blank check companies, their creators were unable to launch them quickly enough. is shown. With few prospects for deals anytime soon and next year’s surprise tax bill looming, special purpose acquisition… Read More »SPAC Boom Ends in Frenzy of Liquidation
HONG KONG — China’s central health authority has stopped releasing daily Covid-19 data, a three-year effort that has attracted criticism for grossly under-reporting the surge in infections now sweeping the country. finished. In a one-line… Read More »China Stops Issuing Daily Covid Data Ahead of Outbreak’s Peak
Elon Musk ‘s vast wealth and borrowing power are being tested like Tesla .<span class=”company-name-type”> Ltd.</span> TSLA <span>-1.76%</span> As he rushed to stabilize his large personal investment in Twitter, the stocks that had supported his… Read More »Elon Musk’s Finances Complicated by Declining Wealth, Twitter Pressures
Caroline Ellison, an aide to FTX founder Sam Bankman-Fried, pleaded guilty to fraud and other crimes in court this week, telling a judge that she and others are doomed to the cryptocurrency exchange. apologized for… Read More »Caroline Ellison Apologizes for Misconduct in FTX Collapse
The Internal Revenue Service on Friday gave millions of Americans a year on new tax filing requirements and delayed the implementation of a law that would require e-commerce platforms such as eBay., Etsy and Airbnb… Read More »IRS Delays Gig-Tax Filing Rule for Side Hustles of More Than $600
Airlines canceled more than 3,000 more flights on Friday after severe winter storms disrupted travel during some of the busiest travel days leading up to the Christmas holidays. More than 6,000 flights to, from, and… Read More »Airlines Cancel Thousands of Flights as Severe Weather Disrupts Travel
Tesla<span class=”company-name-type”> Ltd.</span> TSLA <span>-8.88%</span> According to the company’s website, it has doubled the discount on Model 3 and Model Y electric vehicles delivered in the U.S. this month, which may ease concerns about cars… Read More »Tesla Doubles Discounts on Model 3, Model Y Vehicles
FTX founder Sam Bankman-Fried was released Thursday on $250 million bail and ordered to be held at his parents’ home in Palo Alto, California. It was after the former executive appeared in New York federal… Read More »Sam Bankman-Fried Released on $250 Million Bond
Stocks fell Thursday after economic data showed a strong labor market and faster economic growth than previously thought. The S&P 500 fell 1.7%. The Dow Jones Industrial Average fell 1.3% and the tech-centric Nasdaq Composite… Read More »Stocks Tumble After Robust Economic Data
The Hyundai Ioniq 5 is KBB’s highest-rated electric SUV and won two Best Buy Awards for 2023: Best Electric Vehicle and Best New Model. Prices start at $41,450. More and more car buyers are wondering… Read More »The 2023 Hyundai Ioniq 5 raises the bar for electric cars