(CNBC) More Google employees will be at risk for low performance ratings and fewer are expected to reach high marks under a new performance review system that starts next year, according to internal communications obtained by CNBC. In a recent […]

(CNBC) Stock futures rose slightly in early trading on Thursday after better-than-feared earnings and strong consumer confidence data helped boost stocks for a second day. Stock futures tied to the Dow Jones Industrial Averages gained 77 points or 0.23%, while […]

(CNBC) Wang pleaded guilty to conspiracy to commit wire fraud, wire fraud, conspiracy to commit commodities fraud and conspiracy to commit securities fraud. Ellison pleaded guilty to two counts of wire fraud, two counts of conspiracy to commit wire fraud, […]

(CNBC) Sam Bankman-Fried Wednesday night traveled to New York, according to the office of the attorney general of the Bahamas, where he is later expected to be arraigned in U.S. federal court, concluding a days-long saga. Bankman-Fried, 30, was indicted in New […]

(CNBC) Semiconductor maker Micron announced Wednesday that it would reduce its headcount by about 10% in 2023, in the latest example of a technology industry slowdown affecting employment. Shares of Micron fell more than 1% in extended trading. To read […]

(CNBC) People owed a piece of the $2 billion that Wells Fargo has agreed to pay to customers affected by some of its banking practices could soon receive those funds. The nation’s fourth-largest bank reached a settlement with the Consumer […]

(Hedgeweek) Big name quant hedge fund firms including AQR Capital Management, Man Group and Aspect Capital are on course for record annual returns this year on the back of the ongoing market turmoil that has caused big problems for traditional […]

(CNBC) FTX founder Sam Bankman-Fried signed extradition papers in the Bahamas and will return to the U.S. on Wednesday, a Bahamas prison official told NBC News. Doan Cleare, Bahamas’ acting commissioner of corrections, confirmed on Tuesday that Bankman-Fried will fly […]

(CNN) Federal regulators fined Wells Fargo a record $1.7 billion on Tuesday for “widespread mismanagement” over multiple years that harmed over 16 million consumer accounts. The Consumer Financial Protection Bureau said Wells Fargo’s “illegal activity” included repeatedly misapplying loan payments, […]

(CNBC) Core Scientific, one of the largest publicly traded crypto mining companies in the U.S., is filing for Chapter 11 bankruptcy protection in Texas early Wednesday morning, according to a person familiar with the company’s finances. The move follows a […]

(CNBC) Stock futures were higher on early Wednesday morning. Futures tied to the Dow Jones Industrial Average added 189 points, or 0.57%. S&P 500 futures rose 0.48%, and Nasdaq 100 futures climbed 0.48%. Investors were digesting earnings from Nike and […]

(CNBC) The amount of income, deductions and taxes paid by or refunded to former President Donald Trump while serving in the White House was detailed in a new report released Tuesday night. The report reveals that Trump on his federal […]