Bankrupt Genesis sues DCG over US$620 million of unpaid loans

2023-09-06 23:09:53 • 1 min

BANKRUPT cryptocurrency lender Genesis Global Holdco sued its parent, Digital Currency Group (DCG), seeking to recover about US$620 million in outstanding loans despite ongoing settlement talks.

#cryptocurrency #dcg #settlementtalks #genesis

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Business / Finance

US SEC pushes ahead with case against Coinbase crypto exchange

THE US Securities and Exchange Commission (SEC) is pushing ahead with its litigation against Coinbase Global, raising the stakes further in the case against...

#sec #security

The Business Times

2023-10-04 00:02:22 • 1 min

Business / Finance

SEC pushes ahead with case against Coinbase crypto exchange

Gabby Jones/Bloomberg The Securities and Exchange Commission is pushing ahead with its litigation against Coinbase, raising the stakes further in the case...

#policy #twitter #coinbase

American Banker

2023-10-04 14:07:36 • 1 min

Business / Finance

Reverse-mortgage lawsuit claims Ginnie Mae reneged on loan promises

Texas Capital's lawsuit accuses Ginnie Mae of canceling the bank's priority liens on tens of millions of dollars in collateral after the bank agreed to make...

#stock #finance #equity

American Banker

2023-10-04 16:40:46 • 1 min

Business / Finance

Kenon Awarded $116.2 Mln In Arbitration Proceedings For Peru's Breach Of The Free Trade Agreement

(RTTNews) - Kenon Holdings Ltd. (KEN) announced Wednesday that an arbitration tribunal constituted by the International Centre for Settlement of Investment...

#investment #opinion #nasdaq

Nasdaq

2023-10-04 14:07:32 • 1 min

Business / Finance

Wednesday 10/4 Insider Buying Report: FXNC, AXR

Bargain hunters are wise to pay careful attention to insider buying, because although there are many various reasons for an insider to sell a stock,...

#buyingreport #stock #cash

Nasdaq

2023-10-04 17:59:18 • 1 min

Politics

Ottawa suspends $1B green fund after receiving whistleblower complaint

Ottawa has frozen the activities of a federal foundation that finances the development of green technologies after receiving a report that criticized its...

#foundation #finance #development

CBC

2023-10-03 23:41:55 • 1 min

Business / Finance

GM secures new $6 billion credit line as UAW strike costs reach $200 million

Key Points General Motors secured a new $6 billion line of credit as the automaker braces for additional strikes by the United Auto Workers union. The...

#uaw #ceo #ford

CNBC

2023-10-04 18:10:27 • 1 min

Business / Finance

Dollar General Is on Track for Its Worst Year Since Its IPO. Is This a Huge Buying Opportunity?

To say that it has been a bad year for Dollar General (NYSE: DG) stock would be putting it mildly. The company's stores provide consumers with day-to-day...

#DollarGeneral #ipo #nyse

Nasdaq

2023-10-04 13:45:00 • 2 mins

Business / Finance

Wall Street's Top Banks Fined $53 Million in Regulatory Spanking

For more crisp and insightful business and economic news, subscribe to The Daily Upside newsletter. It's completely free and we guarantee you'll learn...

#wallstreet #money #commodity

Nasdaq

2023-10-04 23:00:18 • 1 min

Business / Finance

General Motors Inks New $6 Bln, 364-day Revolving Credit Agreement With JPMorgan Chase Bank

(RTTNews) - General Motors Co. (GM) said Wednesday it entered into a new 364-Day Revolving Credit Agreement with JPMorgan Chase Bank, N.A., as administrative...

#opinion #nasdaq #chasebank

Nasdaq

2023-10-04 11:38:12 • 1 min

Business / Finance

ConocoPhillips Buys Remaining 50% Interest In Surmont

(RTTNews) - ConocoPhillips (COP) Wednesday announced that it has completed the purchase of the remaining 50% interest in Surmont from TotalEnergies EP Canada...

#portfolio #opinion #nasdaq

Nasdaq

2023-10-04 20:24:06 • 1 min

Business / Finance

Why Shares of Conduit Pharmaceuticals Are Jumping Wednesday

What happened Shares of Conduit Pharmaceuticals (NASDAQ: CDT) were up more than 17% on Wednesday as of 11:30 a.m., after jumping up as much as 81% in the...

#nasdaq #revenue #option

Nasdaq

2023-10-04 16:07:30 • 1 min

Business / Finance

Ex-Dividend Reminder: New York Times, Dollar General and OGE Energy

Looking at the universe of stocks we cover at Dividend Channel, on 10/6/23, New York Times Co. (Symbol: NYT), Dollar General Corp (Symbol: DG), and OGE...

#opinion #nasdaq #generalcorp

Nasdaq

2023-10-04 14:00:20 • 1 min

Business / Finance

Wall Street Says Ginkgo Bioworks Stock Will Soar 132%, and Cathie Wood's Buying It. Should You?

Ginkgo Bioworks (NYSE: DNA) is a biotech unlike any other, and it's no surprise why it's consistently attracting the attention of bigwig portfolio managers...

#wallstreet #nyse #government

Nasdaq

2023-10-04 13:00:00 • 1 min

Business / Finance

SAS Announces Winning Consortium In Exit Financing Solicitation Process; To Join SkyTeam Alliance

(RTTNews) - SAS said it has selected Castlelake, L.P., on behalf of certain funds or affiliates, Air France-KLM S.A. and Lind Invest ApS, together with the...

#finance #solicitationprocess #equity

Nasdaq

2023-10-04 09:06:34 • 1 min

Economy

South Korea advances with CBDC pilot project, live trials set for Q4 2024

South Korea's central bank, The Bank of Korea (BOK), in collaboration with the Financial Services Commission (FSC) and Financial Supervisory Service (FSS),...

#development #opinion #security

Investing.com

2023-10-04 10:29:38 • 1 min

Politics

US Appeals Court to Hear Arguments Over 2010 Hush-Money Settlement of Ronaldo Rape Case in Vegas

LAS VEGAS (AP) A United States appeals court planned to hear Wednesday from lawyers trying to revive a womans bid to force international soccer star...

#appealscourt #Rape #namepeople

U.S. News & World Report

2023-10-04 04:11:09 • 1 min

Business / Finance

3 Potential Catalysts for Dollar General Stock

It's literally never been a worse time to be a shareholder of discount-retail chain Dollar General (NYSE: DG). The company went public in 2009, and until...

#potentialcatalysts #nyse #money

Nasdaq

2023-10-03 13:53:00 • 1 min

Economy

Federal Student Loan Repayments Resume, Potentially Affecting Credit Scores

After a four-year hiatus, federal student loan repayments are resuming, placing financial pressure on borrowers due to additional debt accrued during the...

#loanrepayments #nyse #management

Investing.com

2023-10-04 16:02:32 • 1 min

Business / Finance

US SEC asks judge to deny Coinbase motion to dismiss its lawsuit -filing

Best News Website or Mobile Service WAN-IFRA Digital Media Awards Worldwide 2022 Best News Website or Mobile Service Digital Media Awards Worldwide 2022 NEW...

#sec #security #coinbase