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Bankrupt Crypto Lender Genesis Global to Return $3 Billion to Customers

Bankrupt Crypto Lender Genesis Global to Return $3 Billion to Customers

Genesis Global, a bankrupt crypto lending firm, has been allowed by a court to return approximately $3 billion in cash and cryptocurrency to its customers.


Canada Explores Raising Tariffs on Chinese EVs Following US Move Against China: Report

Canada is reportedly exploring raising tariffs on Chinese-produced electric vehicles (EVs) following the US decision to impose higher levies on these imports.

EU Slaps Microsoft with Warning that it Could Face Billions of Fines Over Missing Generative AI Risk Report

The EU has sought for more information about Microsoft's risk report on its generative AI tools.

Alabama Mercedes-Benz Workers Vote 'No' to Unionization, a Tough Loss for the UAW

Mercedes-Benz workers in Alabama have voted against joining the United Auto Workers (UAW). Mercedes-Benz workers in Alabama voted against joining the United Auto Workers (UAW) on Friday, casting doubt on the ability of the union to unionize factories in the southern United States.


Latest News

GameStop’s Stocks Drop by 26% After This Week’s Mass Stock Market Move
GameStop plummeted 26% on the stock market on May 17 after a week-long attempt to sell up to 45 million shares.
OpenAI Risk Team Disband Update: Former Leader Claims Company Neglects Safety To Favor 'Shiny Products'
After disbanding the OpenAI risk team, its former leader blasted the AI company. Here's what he said.
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A South Korean woman fell victim to a sophisticated scam orchestrated by an individual impersonating Elon Musk.
Under Armour is Laying off Employees, Re-Focusing on Core Men's Apparel
Under Armour said it's laying off employees and re-prioritizing its core men's apparel business as part of its restructuring effort.
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Robinhood Markets Inc. is experiencing a remarkable turnaround in investor sentiment, propelled by Bank of America's double upgrade and optimistic price target revision.
Chinese Nationals Accused of $73 Million Pig Butchering Crypto Scam Gets Arrested—DOJ Shares Details
Some Chinese nationals who are accused of a million-dollar pig butcher crypto scam were arrested. Here's what the Department of Justice announced.
Cocoa Crisis Update: Tony's CEO Blames Long-Term Underpayment of Farmers for Worsening Shortages
The worsening cocoa crisis is making huge headlines across the world. Tony's CEO Douglas Lamont blames the long-term underpayment of farmers for the issue.
Boeing CEO Dave Calhoun Meets With Lawmakers On Capitol Hill
Boeing shareholders vote to retain the departing CEO amid ongoing challenges. The company is searching for a new chief executive to address the safety crisis and declining share prices, with potential candidates including industry experts like Patrick Shanahan, David Gitlin, and Greg Smith.
Pandora Jewelry Event at World Trade Center Store
Silver has surged past $30 an ounce, outpacing gold with a 29% increase this year, driven by strong financial and industrial demand and a projected market deficit.
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OpenAI has disbanded its AI safety team less than a year after its creation, following the recent departures of influential company leaders.