According to a new filing over the weekend, the embattled cryptocurrency exchange FTX owes its creditors more than $3 billion.   The largest of FTX's top 50 unsecured creditors is owed more than $226 million, according to a list that excludes their names and other identifiable information....

In its bankruptcy filing, the cryptocurrency exchange FTX revealed that it owes over $3 billion to its 50 largest creditors, including around $1.5 billion to its 10 largest creditors. According to FTX lawyers, over a million consumers may have claims against the exchange. The collapsed...

Late on Friday, Elon Musk posted a poll on Twitter asking his followers whether they thought the former U.S. president Donald Trump's account should be reinstated. According to early results, roughly 60% of respondents agreed.   Musk tweeted the Latin phrase "Vox Populi, Vox Dei," which...

Burberry, a British manufacturer of apparel, accessories, and footwear, disclosed sales for the first six months of its fiscal year 2022, finished on October 1. The company's in-store sales climbed by 11% and totaled £ 1.35 billion, above projections of both the company and analysts. According to...

The American company Dell agreed to pay $1 billion in a settlement with investors who sued the company. This was stated by the corporation in a statement submitted to the Securities and Exchange Commission of the United States. The Delaware Court of Chancery, which is hearing the dispute, will need...

The second fiscal quarter of the largest bank in Japan by assets, Mitsubishi UFJ Financial Group Inc, ended with a 70.5% decrease in net income. The sale of MUFG Union Bank's U.S. division resulted in another one-time loss, which is why the incident occurred. According to calculations made by...

Tesla has considered plans to export made-in-China electric vehicles to the United States and Canada. This would connect Tesla's largest factory to North America, its largest market, according to a report from the news agency Reuters quoting information from people with knowledge of the planning,...

SoftBank Group Corp. of Japan revealed a substantial loss at its investment division, Vision Fund. This division has been losing money for three straight quarters, but for the first time in many quarters, SoftBank itself turned a profit. In the three months leading up to September 30, Vision Fund,...

The Commercial Aircraft Corporation of China (COMAC) and American aircraft manufacturer Boeing inked a contract to deepen their collaboration in a shared research facility. The signing happened concurrently with the international air show known as Airshow China. The agreement's goal is to assist...