FTX says that nearly all of its customers will receive the money back that they are owed, two years after the cryptocurrency exchange imploded, and some will get more than that By MICHELLE CHAPMAN AP Business Writer May 8, 2024, 8:32 AM ET • 3 min read FTX says that nearly all of its customers
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OMAHA, Neb. — Warren Buffett cautioned the tens of thousands of shareholders who packed an arena for his annual meeting that artificial intelligence scams could become “the growth industry of all time.” Doubling down on his cautionary words from last year, Buffett told the throngs he recently came face to face with the downside of
Tens of thousands of people are expected to flock to Omaha, Nebraska, to soak up wisdom from investing wizard Warren Buffett By JOSH FUNK AP Business Writer May 4, 2024, 12:03 AM ET • 3 min read OMAHA, Neb. — Tens of thousands of investors are expected to once again descend on an Omaha, Nebraska,
SEATTLE (AP) — Binance founder Changpeng Zhao was sentenced Tuesday to four months in prison for allowing rampant money laundering on the world’s largest cryptocurrency exchange. A judge credited Zhao for taking responsibility for his wrongdoing but said he was troubled by the now-former CEO’s decision to ignore U.S. banking requirements that would have slowed
WASHINGTON — There have been lawsuits, short-selling and rampant speculation. Now, as Trump Media & Technology Group approaches its first month as a publicly traded company, it’s clear that — like the man it’s named after — there’s nothing typical about the stock. “If I woke up tomorrow and shares were zero dollars, or $100,
Asian shares are mostly lower as investors look ahead to a flood of global earnings reports, including from U_S_ companies known as the “Magnificent Seven.” By YURI KAGEYAMA AP Business Writer April 25, 2024, 2:14 AM ET • 4 min read TOKYO — Asian shares mostly declined Thursday as investors awaited a flood of global
Boeing said Wednesday that it lost $355 million on falling revenue in the first quarter, another sign of the crisis gripping the aircraft manufacturer as it faces increasing scrutiny over the safety of its planes and accusations of shoddy work from a growing number of whistleblowers. CEO David Calhoun said the company is in “a
Persistently high interest rates have led Missouri lawmakers to significantly expand a state loan program for farmers and small businesses By DAVID A. LIEB Associated Press April 18, 2024, 3:38 PM ET • 2 min read JEFFERSON CITY, Mo. — Missouri lawmakers gave final approval Thursday to significantly expand a low-interest loan program for farmers
WASHINGTON — The Biden administration is canceling student loans for another 206,000 borrowers as part of a new repayment plan that offers a faster route to forgiveness. The Education Department announced the latest round of cancellations Friday in an update on the progress of its SAVE Plan. More people are becoming eligible for student loan