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Investing
Bill Ackman, taking a page from his Wall Street playbook, backs rebel candidates to join Harvard’s board
Billionaire Bill Ackman is stepping up his campaign to overhaul Harvard University by throwing his considerable influence behind a slate of…
Bitcoin in spotlight as SEC approves new ETFs, ether rallies. Here’s why.
Welcome back to Distributed Ledger. This is Frances Yue, crypto and markets reporter at MarketWatch. It’s a big day for the crypto industry. The U.S.…
Federal judge pauses Ohio social media law requiring parental consent for kids’ accounts
An Ohio law regulating kids’ accounts on social media likely violates the First Amendment in “breathtakingly blunt” ways and cannot take…
This space stock is soaring as next commercial moon-landing mission looms
Shares of space-exploration company Intuitive Machines Inc. climbed 23% on Wednesday ahead of the launch of the firm’s commercial lunar lander, which could…
Former Chinese central banker took ‘extraordinarily massive’ bribes, state media says
Editor’s Note: Sign up for CNN’s Meanwhile in China newsletter, which explores what you need to know about the country’s rise and how it impacts the world.…
Citigroup set aside $1.3 billion to cover risks related to turmoil in Argentina and Russia
Citigroup Inc. on Wednesday said it set aside $1.3 billion in the fourth quarter to account for risks in Argentina and Russia, citing shocks to both nations’…
FBI is investigating the SEC hack after its fake bitcoin post
The Securities and Exchange Commission said Wednesday the FBI is investigating the hack of the agency’s social media account that rocked the…
Skydance investors discussing two-part plan to merge with Paramount: report
Skydance Media is in early talks over an all-cash offer for National Amusements, the parent of media giant Paramount Global, in an effort that would…
Starbucks sued for alleged deceptive marketing of its ‘100% ethically’ sourced coffee
Starbucks is being sued by a consumer advocacy group alleging that the global coffee chain falsely and deceptively advertises the “committed…
Homebuilder KB Home says buyers are ‘responding favorably’ to falling mortgage rates
Homebuilder KB Home on Wednesday said it had seen a “meaningful” increase in orders over the first several weeks of its first quarter, after a dip in…