Digital euro preparation continues as holding limit, privacy debated
Preparation for the launch of the digital euro CBDC continues with an eye toward a potential October 2025 launch decision.…
Nike-owned NFT wearables RTFKT to sunset in January
The Nike-owned company received investment funding from Andreessen Horowitz during the peak of NFT summer in 2021. ...
GM to sell stake in battery cell plant to joint venture partner for roughly $1 billion
General Motors plans to sell its stake in a $2.6 billion electric vehicle battery cell plant in Michigan to its…
Intel CEO Pat Gelsinger ousted by board after disastrous performance
Intel announced Monday that CEO Pat Gelsinger has retired from the company, effective Dec. 1. ...
Fed Governor Waller says he is ‘leaning toward’ a December rate cut, but worries about inflation
Federal Reserve Governor Christopher Waller cited recent data indicating that progress on inflation may be "stalling." ...
Tesla CEO Elon Musk loses bid to get $56 billion pay package reinstated
Elon Musk's pay package granted in 2018 was the largest compensation plan in U.S. history for a public company executive.…
Art Cashin, New York Stock Exchange fixture for decades, dies at age 83
Art Cashin was UBS' director of floor operations at the NYSE and a man The Washington Post called "Wall Street's…
Christmas movies dominate thanks to celebration of ‘faith, family and country’: Hollywood exec
Great American Media CEO Bill Abbott shared his view that the enduring popularity of Christmas movies is a celebration of…
Southwest Airlines makes change reducing passenger movement in effort to lower injury risk
Additional changes are coming to Southwest Airlines this week as the airline says "nothing is more important" than the safety…