Tag: Investing/Securities

FTX Says Substantial Amount of Crypto Assets Stolen or Missing

FTX Says Substantial Amount of Crypto Assets Stolen or Missing

A substantial amount of FTX’s assets are either missing or stolen, a lawyer for the failed crypto exchange said in court, vowing to cast a wide net to secure potentially billions of dollars in funds that passed through the firm he called the “personal fiefdom” of co-founder Sam Bankman-Fried. Tuesday’s hearing marked an inflection point […]

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Startups Look to Scoop Up Laid-Off Tech Workers

Startups Look to Scoop Up Laid-Off Tech Workers

Flush with investor capital, technology startups plan to scoop up software developers, engineers and marketers flooding the labor market following job cuts at Twitter Inc., Lyft Inc. and other large tech employers. Kathy Zhu said she is lining up candidates for engineering, customer service and other roles at Streamline AI, the two-year-old tech startup she […]

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Pfizer Squares Off With Merck on Pneumonia Shots

Pfizer Squares Off With Merck on Pneumonia Shots

Rival drugmakers are seeking to upend Pfizer Inc.’s dominance of the $7 billion worldwide market for pneumonia vaccines, launching what is shaping up to be one of the industry’s fiercest battles. Merck & Co. has already introduced a new competitor to Pfizer’s Prevnar vaccine franchise, while GSK PLC and Vaxcyte Inc. are among companies developing […]

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Pfizer, Uber and Starbucks Highlight Another Busy Earnings Week

Pfizer, Uber and Starbucks Highlight Another Busy Earnings Week

Pfizer Inc., PFE 3.69% Uber UBER -1.15% Technologies Inc. and Starbucks Corp. SBUX 2.13% are among the heavyweights headlining another busy earnings week as investors search for insight into the state of the broader economy. Nearly a third of the S&P 500, or about 160 component companies, is slated to report earnings in the coming week, according to […]

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