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There is an $85 million shortfall between what partner banks of fintech middleman Synapse are holding and what depositors are owed, according to the court-appointed trustee in the Synapse bankruptcy.Customers of fintech firms that used Synapse to link up with banks had $265 million in balances. But the banks themselves…
Keith Gill is back. The famed meme stock icon, also known as “Roaring Kitty,” made a long-awaited appearance on a livestream on his YouTube channel Friday. Sporting long hair, a thick bandage wrapped around his head, gaudy white sunglasses, a sling and a beer, Gill livestreamed against a background of…
The Clorox Company (NYSE:CLX) dbAccess Global Consumer Conference June 5, 2024 3:15 AM ET Company Participants Linda Rendle – CEOKevin Jacobsen – CFO Conference Call Participants Stephen Powers – Deutsche Bank Stephen Powers All right. Good morning, everybody. Welcome back. I’m Steve Powers. I’m the Head of Deutsche Bank’s US…
The verdict, when it finally came at midday on Thursday on the 17th floor of San Francisco’s federal courthouse, was stunning. More than 12 years after being accused of what one US investigator called the biggest fraud ever to hit Silicon Valley, Mike Lynch, once one of the UK’s most…
Beyoncé gave Justice Ketanji Brown Jackson four tickets to her concert last year, the justice disclosed in financial disclosure forms published Friday that also revealed that Jackson and other justices received six-figure payments in 2023 for book deals. Jackson, who reported an eye-popping $893,750 payment from a book publisher, was…
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By Dave Sherwood HAVANA (Reuters) -Cuba put off an unpopular five-fold increase in gasoline prices planned for Feb. 1 due to a cyberattack, Economy Vice Minister Mildrey Granadillo said on Wednesday, a sudden about-face hours before the hike was to take effect. “This decision is influenced by the occurrence of…
By Rishav Chatterjee (Reuters) – Short bets on most Asian currencies eased marginally but remained firmly in the bearish territory, a Reuters poll found on Thursday, as diminishing hopes of an early U.S. interest rate cut kept the dollar buoyant and market volatility in regional powerhouse China dampened investor confidence.…
By Siddharth Cavale NEW YORK (Reuters) – U.S. retailer Walmart (NYSE:) Inc is expected to strike a cautious tone for 2024 when it reports results on Tuesday. Despite what was likely a bumper holiday season for Walmart, inflation continues to burden many Americans facing a high cost of living. Higher…
While the Financial Independence, Retire Early movement is widely popular, some people plan to do the opposite, and never retire. They work because they enjoy it. Why retire at the top of your game? The idea of working longer is becoming more common. Researchers at Pew Research Center state both…