Carl Icahn shares common ground with the FTC, which argued that Illumina’s acquisition of cancer test developer Grail would stifle competition and innovation.
The losses came even after 11 other banks pledged to deposit $30 billion in First Republic for at least 120 days in a coordinated rescue attempt.
Facebook-parent Meta reported revenue for the fourth quarter that topped estimates and gave a forecast suggesting that sales could rise in the first quarter.
“When I first got the call, my first thought was, ‘Heck no,’” Uber CEO Dara Khodrowshahi told LinkedIn CEO Ryan Roslansky in a recent interview.
Federal prosecutors seized over $697 million in cash and assets connected to Sam Bankman-Fried, court filings from Friday show, primarily in Robinhood shares.
Donald Trump had claimed in a dismissed lawsuit that Hillary Clinton and others tried to rig the 2016 presidential election in her favor.
Amazon shares have been battered this year by a broader market sell-off tied to soaring inflation, a worsening economy, and rising interest rates.
An increasing share of employers are making Roth 401(k) plan savings available to workers. But the accounts don’t necessarily make sense for everyone.
Investors rushed to beat a Friday, Oct. 28 deadline to lock in a record-high 9.62% interest rate. The I bond rate reset Nov. 1, falling to 6.89%.
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