GOODYEAR, Ariz. — An Airbus A320neo, one of the world’s most popular planes, rolled off the Mobile, Alabama, factory line in July 2022, painted bright yellow for its next destination: Spirit Airlines. It was built […]
The US Internal Revenue Service (IRS) is preparing to overhaul its voluntary disclosure program, with plans to reduce penalties and accelerate the resolution of tax violations, including those involving cryptocurrencies, according to a Friday report […]
Volvo Cars said Friday it plans to slash 2,500 jobs as a severe decline in its Chinese market weighed on earnings in the third quarter. The Swedish automaker reported an operating loss of 5.6 billion […]
Key Takeaways Chainlink and LG CNS announced an Oct. 22 agreement targeting South Korea’s $68 billion cryptocurrency market.LG CNS leads Project Hangang, which initially involved 80,000 customers across seven Korean banks.Chainlink will supply oracle and […]
CoreWeave CEO Michael Intrator appears after the company’s initial public offering at the Nasdaq MarketSite in New York on March 28, 2025. Michael Nagle | Bloomberg | Getty Images CoreWeave is facing a crisis of […]
Southwest Airlines became the third major U.S. airline this month to cut its 2026 profit forecast due to higher fuel prices, but CEO Bob Jordan said travelers continue to book despite higher fares. The carrier […]
DETROIT — General Motors narrowed its 2026 earnings guidance and raised its free cash flow expectations after beating Wall Street’s third-quarter expectations. The Detroit automaker also announced a new multiyear stock buyback of $20 billion […]
Some of the biggest banks in the United Kingdom are facing fresh scrutiny over cryptocurrency transfer restrictions after thousands of customers reported difficulties moving money to crypto platforms. Crypto advocacy group Stand With Crypto said […]
Photo of Abdulrahman Alfozan checking a recording device in OpenAI’s office in San Francisco, California. Courtesy: U.S. Department of Justice The Saudi national charged with planting a recording device in a sensitive OpenAI executive conference […]
Key Takeaways Nine U.S.-listed companies, including Broadcom and Verizon, formally objected to OKXICE tokenized shares.OKXICE’s Oct. 15 notice identifies nine issuers opposing the venue’s third-party tokenization model.OKXICE’s planned 24/7 stock market faces issuer objections despite […]
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