Circle Says $1 Billion in Cash Serves as Buffer While Market Share Declines
Circle Internet Financial is counting on a more than $1 billion cash cushion to help weather fresh competition
1970-01-01 08:00
Biden Narrows China Investment Order as US Seeks Better Ties
President Joe Biden imposed limits on US investments in China as part of a push to restrict the
1970-01-01 08:00
AI Lender Upstart’s 445% Rally Fades After Outlook Dampens Frenzy
Upstart Holdings Inc.’s breakneck rally is losing momentum after the lending platform that uses artificial intelligence provided a
1970-01-01 08:00
Tainted Medication Fears Spur US Defense Department to Seek Outside Testing
The US Department of Defense entered an agreement with Valisure, an independent lab that’s spotted dangerous chemicals in
1970-01-01 08:00
Global Law Firm Retreats From China Ahead of Data Crackdown
Global law firm Dentons is splitting from its Chinese operations to comply with impending data regulations, one of
1970-01-01 08:00
WeWork’s ‘Substantial Doubt’ About Its Future Marks a Stunning Fall
For the past four years, WeWork Inc. has been trying to deliver a turnaround story — one in
1970-01-01 08:00
Indian Debt Collection Startup Raises $50 Million From Accel, Westbridge
Credgenics, an online service that helps banks collect on debt, raised $50 million in a funding round led
1970-01-01 08:00
Marqeta Gains on Extended Deal With Block, Revenue Beat
Marqeta Inc. gained after extending a partnership with Jack Dorsey’s payments company Block Inc. and posting revenue that
1970-01-01 08:00
WeWork Tumbles After Raising ‘Substantial Doubt’ About Future
WeWork Inc. shares plummeted more than 25% in extended trading after saying there’s “substantial doubt” about its ability
1970-01-01 08:00
Banks Face Stepped-Up Scrutiny From Fed Over Crypto Activities
The Federal Reserve said it is stepping up scrutiny of lenders’ involvement in digital assets, the latest move
1970-01-01 08:00
Lyft Shares Slide After Posting Slowest Growth Since Pandemic
Lyft Inc. shares fell after the company reported its slowest revenue growth in two years, overshadowing a better-than-expected
1970-01-01 08:00
Bitcoin Miner Marathon’s Quarterly Loss Narrows, Revenue Jumps
Marathon Digital Holdings Inc.’s second-quarter loss narrowed and revenue jumped as the Bitcoin miner increased sales of the
1970-01-01 08:00