French regulators imposed a €75 million fine on asset manager H2O and banned its founder Bruno Crastes from the industry for five years for investing in illiquid debt linked to controversial financier Lars Windhorst. The Autorité des Marchés Financiers announced…
A sign is posted in front of a home for sale on December 19, 2022 in Los Angeles, California. Mario Tama Getty Images Home prices fell in the depths of winter, as higher mortgage rates pushed more buyers to the…
In a raft of new changes announced at the company this week, e-commerce giant Shopify may have entered the next phase of the work-from-home revolution. Two years after CEO and founder Tobi Lutke declare The end of “office centricity” as…
Kevin McCarthy faces a battle to become the new Speaker of the House of Representatives ahead of a vote in Congress on Tuesday after what previously appeared to be an easy path to victory became more difficult due to the…
A Tesla vehicle is displayed at its sales and service center in Vista, California, June 3, 2022. Mike Blake Reuters Share from Tesla down 10% Tuesday morning, a day after the electric car maker reported fourth-quarter vehicle production and delivery…
My Banking Direct is an online-only financial institution that offers several products, primarily a high-yield savings account with an APY of 3.55%. It is part of Flagstar Bank, NA, a regional bank with significant retail presence in the Midwest and…
Google is developing a free moderation tool that smaller websites can use to identify and remove terrorist material, as new laws in the UK and EU force internet companies to do more to tackle illegal content. The software was developed…
Some Wall Street analysts see a buying opportunity in Tesla in 2023 – although others think that the delivery of the new car will not cause problems for the electric vehicle maker. Tesla reported deliveries of 405,278 vehicles in the…
The EU is offering free Covid-19 vaccines to China to help Beijing contain the disease outbreak following its decision to end restrictions linked to the national pandemic. The offer was made in the days before a meeting of EU health…
Ken Block of the USA during the World RX of Portugal 2017, at the Montalegre International Circuit in Portugal on April 22, 2017. Paul Oliveira DPI Nurphoto Getty Images Pro rally driver Ken Block, who later became an internet sensation…