Wall St - Page 3

Bank, the 16th largest in U.S., failed after depositors hurried to withdraw money

Number is lower than January’s 504,000 jobs but comes as Fed signals aggressive interest rate hikes in bid to tame inflation

Disgraced FTX crypto mogul Sam Bankman-Fried’s ex-girlfriend Caroline Ellison was facing up to 110 years in prison before she started talking.

OPEC is an intergovernmental organization founded in 1960 in Baghdad, and their decision to cut oil production is seen as potentially upsetting the US mid-term elections

Move by alliance will boost sagging crude prices

Planned layoffs follow reinstatement of annual performance reviews and a slump in Wall Street deal making

Bed Bath & Beyond chief financial officer Gustavo Arnal and Gamestop Chairman Ryan Cohen were named in a class action lawsuit alleging a pump and dump scheme

Retail giant says it is gaining market share in some categories such as grocery, and its efforts to clear out excess inventory are continuing

Private-equity firm says Kewsong Lee will step down as CEO immediately and leave the firm at the end of this year

A new report from consulting firm Johnson Associates forecasts that year-end bonus pay will decline across financial services, with some bankers seeing bonuses gutted by 45% or more from last year.

Lender names Ulrich Körner as chief executive and launches review to pare back its investment bank further

Jack Dorsey’s deal in fast-growing fintech sector is largest in Australia’s history

Sportswear giant Nike has been forced to pull a funky new retake on its classic Air Force 1 sneakers, after people noticed it looked familiar.

Power players in the financial services industry are threatening to sit out the push for President Obama’s Pacific Rim trade deal unless the administration addresses one of their main objections to the pact.