Banks Financing Musk's Twitter Deal Face Hefty Losses
Elon Musk's U-turn on buying Twitter Inc could not have come at a worse time for the banks funding a large portion of the $44 billion deal.
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Credit Suisse Market Turmoil Deepens After CEO Memo Backfires
Credit Suisse Group AG was plunged into fresh market turmoil after CEO Koerner’s attempts to reassure employees and investors backfired.
Elon Musk Sends Scathing Message to Tesla Investors
The CEO of Tesla has just proven once again that he is an iconoclastic boss. He's not a Chief Executive Officer like the others.
Nike: 'It Will be a Difficult Christmas Season' — but There's Hope, Analyst Explains
Supply chains and too much inventory continue to hammer Nike, as shown in the footwear giant's latest earnings results.
Goldman Sachs Has Started Laying Off Workers
Goldman Sachs has started laying off workers — with focus on cutting mid-level investment bankers. Here's why that's a bad sign for the economy.
Tesla Bear Sees a 50% Plunge in the Stock
One of the biggest Tesla bears on Wall Street is sticking with his views as rising global recession risks place potential pressure on the EV maker.
After 14 years, Lehman Brothers' Brokerage Ends Liquidation
Liquidation of Lehman Brothers' brokerage unit ended, 14 years and 13 days after its parent's bankruptcy helped trigger a market freefall and crisis.
