Sam Bankman-Fried’s bankrupt FTX crypto exchange owes its 50 top unsecured creditors a total of $3.1 billion. FTX Trading Ltd. and about 100 affiliated companies are starting a strategic review of global assets. Investors continue to pull funds from digital-asset exchanges despite the latter’s efforts to reassure markets about their stability. Crypto […]
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Last year, Elon Musk parted ways with one of his top deputies at Tesla Inc., a French auto-industry executive named Jerome Guillen. Mr. Guillen worked at Tesla for roughly a decade, rising to oversee the company’s car division. He was rewarded with equity grants that swelled with Tesla’s valuation. By the end of 2020, Mr. […]
Read MoreThe energy giant’s loss, which is one of the biggest in German corporate history, highlights the fallout from Russia’s decision to throttle natural-gas deliveries to Europe. Source link Source link
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