Terraform Labs, a stablecoin behind TerraUSD, filed for Chapter 11 bankruptcy in the United States on Sunday, Jan. 21. The move may allow them to execute their business plan.
Industry
Chick-fil-A Customers Eligible for $4.4M Lawsuit Settlement Urged to Act Quickly as Deadline Nears
Chick-fil-A customers eligible for a $29.95 gift card as part of a $4.4 million lawsuit settlement are urged to act swiftly as the deadline approaches.
China Is Lowering Reserve Requirements for Banks to Bolster Slowing Economy
China will reduce its banks' liquidity reserves at the start of next month to boost its struggling economy.
Warren Buffett–Backed BYD Beats Volkswagen as China’s Biggest Carmaker
Warren Buffett-backed BYD has seized the top position in China's car market, ending Volkswagen's 15-year reign.
Russia Orders Apple to Pay $13.6 Million Fine for Alleged App Market Abuse
US tech giant Apple has paid a fine of $13.65 million imposed by Russia's FAS antitrust agency for the company's alleged abuse of its dominant market position concerning in-app payments.
Latest News
Wendy's has chosen Kirk Tanner, a PepsiCo executive of 32 years, as its new CEO. Wendy's has chosen Kirk Tanner, a PepsiCo executive of 32 years, as its new Chief Executive Officer (CEO), effective February 5.
The administration of President Joe Biden has claimed credit for the strong retail sales numbers in December, saying, "That's Bidenomics at work."
The Warren Buffett-led conglomerate Berkshire Hathaway announced on Tuesday that it is buying the remaining 20% stake in the Pilot truck stop business of the Haslam family.
A new survey conducted ahead of the World Economic Forum's annual meeting this week revealed that businesses and governments are poorly managing and regulating new technologies.
Microsoft has emerged as the most valuable publicly traded company, outpacing Apple. In a significant shift of financial standings, Microsoft emerged as the most valuable publicly traded company on Friday after briefly outpacing Apple during intraday trading Thursday.
Oil prices jumped 2% on Friday as the United States (US) and Britain launched air and sea strikes in Yemen against the Houthi militants.
The US Securities and Exchange Commission (SEC) has approved the trading of spot bitcoin exchange-traded funds (ETFs) in the country.
The administration of President Joe Biden is set to release new guidelines that will provide additional protections to gig workers or independent contractors.
Kia has unveiled its Platform Beyond Vehicle (PBV) future strategy at the CES 2024 in Las Vegas. Kia has unveiled its Platform Beyond Vehicle (PBV) future strategy at the 2024 Consumer Electronics Show (CES) in Las Vegas.
