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Investing
Too high? SEC hits Stoner Cats cartoon with big fine for unregistered NFT sale that netted millions
Don’t get high off your own supply. The Securities and Exchange Commission has slapped the company behind the animated series “Stoner Cats” with a $1…
Europe probes China’s electric car subsidies as imports soar
The European Union is launching an investigation into China’s state support for makers of electric vehicles as soaring imports of their cars…
China says it hasn’t issued any ban on Apple’s iPhone
China hasn’t issued any laws or rules to ban the use of iPhones or any other foreign phone brand, a Chinese government spokesperson said on…
Elon Musk and Mark Zuckerberg Talk AI. Lawmakers Will Hang on Every Word.
Tech CEOs including Elon Musk and Mark Zuckerberg headed to Capitol Hill on Wednesday to participate in Sen. Majority Leader Chuck Schumer’s first AI Insight Forum, giving…
‘A spit in the face.’ Electric vehicle plans worry a Midwest auto town
Normally a new, $2.5 billion factory, complete with 1,400 expected jobs, would be considered a good thing for a local economy.…
Why High-Yield Bonds Are a Better Bet for Investors Than Private Credit
Investors seeking generous yields increasingly have turned to private credit, helping to grow the market into a US$1.4 trillion sector, according to data from Preqin, a…
CEOs are having their worst year in decades
A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign up right here. You can listen to an…
Birkenstock Files for IPO – MarketWatch
Birkenstock, the German sandal maker, filed papers for an initial public offering in the U.S., in another sign the market for new listings is heating up. The…
Birkenstock heads for Wall Street in another blow to Europe
German shoemaker Birkenstock has filed for an initial public offering in New York, becoming the latest European company to choose the United…