Five-Minute ‘Flash Crash’ in Nordic Equity Markets Jolts Europe
A sudden selloff in European stock markets just before 10 a.m. CET on Monday was fueled by a flash crash in the Nordic region.
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Bill Hwang Made a Huge, Secret Bank Bet Before Archegos Collapse
Fed prosecutors said Hwang used Archegos as “instrument of market manipulation and fraud,” inflating its portfolio from $1.5 billion to $35 billion.
Michael Burry Takes a Dig at Elon Musk While Defending Short Sellers
(Bloomberg) - Michael Burry defended short sellers in a tweet that appeared to address Elon Musk’s delicate position of funding his buyout of Twitter Inc. using some of his Tesla Inc.
Big Oil’s Huge Russia Writedowns Eased by Cash From $100 Oil
Big Oil is walking away from tens of billions of dollars of Russian assets, but $100 crude is easing the sting.
Two Days in the Office is the Optimal Workweek, Study Finds
A new study finds that a hybrid setup with two days in the office is the optimal workweek.
Irvine Man Arrested in Fatal Stabbing of Two Roommates in Anaheim
In Anaheim on Tues. two men were found dead in an apartment near Angel Stadium, victims of an apparent stabbing. A third man inside apartment injured.
Chip-Starved Firms Are Scavenging Silicon From Washing Machines
A major industrial conglomerate has resorted to buying washing machines and tearing out the semiconductors inside for use in its own chip modules.
