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Finance
Deutsche Bank and UniCredit back $4.5 billion insurance startup Wefox with $55 million in fresh funds
Wefox CEO Julian Teicke.WefoxWefox, the $4.5 billion German insurance technology group, has raised $55 million of fresh funding from Deutsche Bank and UniCredit, two anonymous…
Stanley Druckenmiller says government needs to stop spending like ‘drunken sailors,’ cut entitlements
Billionaire investor Stanley Druckenmiller said the federal government has been spending recklessly and failed to issue debt at low rates in past years, mistakes that will…
Roku stock soars 30% on third-quarter revenue beat, solid outlook
A video sign displays the logo for Roku, a video streaming firm, in Times Square after the company's initial public offering at the Nasdaq Market in New York on Sept. 28,…
Russia-Ukraine war updates for November 2, 2023
Ukraine risking nuclear disaster with drones, Russia saysUkrainian drones are increasing the threat of nuclear disaster, Russia's defense ministry said, according to a Google…
One paycheck not enough: Digital bank Current finds almost half its customers have multiple jobs
The need for second — and often third — incomes is mounting, according to a top digital bank executive.Current CEO Stuart Sopp finds almost half of the firm's payment customers…
Sam Bankman-Fried found guilty on all seven criminal fraud counts
A jury has found Sam Bankman-Fried guilty of all seven criminal counts against him. The former FTX CEO faces a maximum sentence of 115 years in prison.Bankman-Fried, the 31-year…
Ivanka Trump asks to pause NY fraud trial, says testimony during ‘school week’ creates ‘undue hardship’
Ivanka TrumpDavid A. Grogan | CNBCIvanka Trump asked a New York appeals court to pause the $250 million fraud trial of her family and its business empire as she appeals a judge's…
Stocks making the biggest moves after hours: Apple, Live Nation, Insulet, Paramount Global, Expedia and more
Check out the companies making headlines in extended trading. Live Nation Entertainment — Shares of the ticket provider climbed nearly 3% after a beat on the top and bottom lines…
Starbucks quarterly earnings beat was fueled by higher prices. Here’s how to play the stock
Market Movers rounded up the latest reactions to Starbucks from investors and analysts. The pros, including Jim Cramer , discussed the coffee giant after it released fiscal…
Jurors in Sam Bankman-Fried criminal trial begin deliberations
Indicted FTX founder Sam Bankman-Fried arrives at the U.S. Courthouse in New York City, July 26, 2023.Amr Alfiky | ReutersTwelve jurors in a lower Manhattan courtroom have begun to…