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Former startup CFO gets 2 years in prison for wire fraud / crypto scheme that cost company $35M
Nevin Shetty, 42, of Mercer Island, Wash., was found guilty last November, after a nine-day jury trial, of four counts of wire fraud.
Dow drops 1,000 points as Iran conflict fuels oil price surge
Major U.S. stock indexes stumbled further on Thursday as the Iran conflict boosted oil prices to a nearly two-year high amid concerns about the war’s potential effects on inflation and the economy.
Stocks drop after oil spikes to its highest price since 2024
Stocks sank on Wall Street on Thursday after the price of oil spiked to its highest level since the summer of 2024 because of the war with Iran. The Standard & Poor's 500 index fell 0.6% and erased
Paramount CEO David Ellison says CNN’s editorial independence will be maintained
Last week, Ellison emerged victorious in a months-long battle for Warner Bros Discovery after Netflix pulled out of the bidding process. Now, Paramount is working to win regulator
UAE explores freezing Iranian assets to punish Tehran for attacks
Any crackdown on Iran’s shadow financing networks in the Gulf state would strangle Tehran’s access to foreign currency and global trade.
These companies stand to benefit from Trump’s Iran war—Exxon, Raytheon and more
President Donald Trump’s strikes on Iran have spurred global uncertainty, but the prospect of a long-term conflict could prove lucrative for a range of sectors, with companies including Lockheed
Who owns Chevron? Institutional holdings & executives’ shares
Here's everything you need to know about Chevron's ownership, including institutional firms, retail investors, and company insiders. As a mega-cap, publicly traded energy company, Chevron is not
Stocks set for tough week, oil eyes big gains as Middle East war rages
Asia stocks fell on Friday and were headed for their sharpest weekly drop in six years while oil prices were poised for their biggest jump in three in a turbulent week for global markets as the
Block employee says the company dangled a 75% pay raise to get her to stay after layoffs — but she decided to quit
"I saw my company discard half of my peers and double my pay," the former Block employee wrote. "That's not an honor. It feels shameful."
Investors betting on international stocks trouncing the US are getting a rude awakening from the Iran conflict
International stocks have taken a beating versus the U.S. this week, with signs of selling pressure persisting on Thursday as investors saw little chance of an immediate resolution to the conflict in
Record share of Americans are tapping 401(k)s for hardship withdrawals
More Americans are digging into their retirement savings for emergency expenses, research from Vanguard shows.
Asia well placed to ride out rise in oil prices
Asia is in a strong position to weather higher oil prices, says Khoon Goh, head of Asia research at ANZ. The starting point for the region’s inflation is low, which provides a buffer to absorb higher
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