Blackstone Profit Drops 12% on Deal Slump, Shares Tumble
Blackstone Inc., grappling with higher interest rates and stung by a pullback in dealmaking, reported a 12% decline in quarterly profit available to shareholders.
US Base in Syria Attacked as Destroyer Stops Missiles From Yemen
The US is seeing stepped-up drone attacks in Iraq and Syria, the Pentagon said Thursday, while an American destroyer in the Red Sea intercepted cruise missiles and drones fired toward Israel by Houthi rebels in Yemen.
Tesla Valuation Looks Unsustainable to Wall Street AnalystsÂ
Tesla Inc.’s price cuts this year show customers are no longer willing to pay a premium for its vehicles. That raises a key question on Wall Street: Does its lofty stock-market valuation make sense anymore?
Tesla Valuation Looks Unsustainable to Wall Street AnalystsÂ
Tesla Inc.’s price cuts this year show customers are no longer willing to pay a premium for its vehicles. That raises a key question on Wall Street: Does its lofty stock-market valuation make sense anymore?
Dozens of Canadian Diplomats Leave India Amid Murder Dispute
Forty-one Canadian diplomats have left India as a result of the dispute between the countries over the murder of a Sikh activist, Canadian Foreign Affairs Minister Melanie Joly said.
Peloton Cut to Underperform at Bank of America on Fading User Engagement
Peloton Interactive Inc. picked up another sell-equivalent rating on Thursday as Bank of America Corp. downgraded the fitness company on concern around the outlook for subscriber results.
Gemini, DCG Sued by NY for Alleged $1.1 Billion Crypto Fraud
Gemini Trust Co. and Barry Silbert’s Digital Currency Group were sued by New York’s top law-enforcement officer for allegedly defrauding customers of $1.1 billion, escalating legal woes for two companies hit hard by last year’s plunge in cryptocurrency markets.
Gemini, DCG Sued by NY for Alleged $1.1 Billion Crypto Fraud
Gemini Trust Co. and Barry Silbert’s Digital Currency Group were sued by New York’s top law-enforcement officer for allegedly defrauding customers of $1.1 billion, escalating legal woes for two companies hit hard by last year’s plunge in cryptocurrency markets.
The Potential Fallout of a Widening Israel-Hamas War
In the mini-documentary Middle East Shockwave, we show how a regional conflict would imperil more lives, worsen poverty and threaten the global economy.
Harvard’s $51 Billion Fund Beats Yale in Hard Year for Endowments
Harvard University’s endowment earned an investment return of 2.9% during the latest fiscal year, beating rival Yale University and most other Ivy League peers but lagging far behind plain old US stocks.