Market Extra: Zimbabwe is launching gold-backed digital tokens: What you need to know
Zimbabwe has looked to gold to “expand value-preserving instruments,” launching a gold-backed digital currency this week as the nation suffers from hyperinflation and its currency...
Need to Know: The ‘end of the runway’ is nearing for lofty tech and soggy banks. Get ready, says this strategist
Tired of the S&P 500's go-nowhere mode? Careful what you wish for says Jonathan Krinsky at BTIG.
: Venator agrees with lenders on ‘prepackaged’ bankruptcy plan
Venator Materials PLC VNTR said Monday it reached agreement with the “overwhelming majority” of its lenders on a recapitalization plan to be implemented through a...
: Athenex files for Chapter 11 seeking buyer for its drug candidates
Athenex Inc. ATNX, a biotech that specializes in cancer treatments, said late Sunday it has filed for Chapter 11 bankruptcy with an agreement with lenders...
: BBVA ADRs slip on exposure to Turkey
ADRs of Banco Bilbao Vizcaya Argentaria BBVA fell 3% in premarket trade on the Spanish’s bank’s exposure to Turkey. BBVA holds 86% of Garanti BBVA....
: TPG buying alternative manager Angelo Gordon for $2.7 bln
TPG Inc. TPG said Monday it agreed to pay $2.7 billion for Angelo Gordon, a New York City-based private credit and real estate investment firm...
: World Health Organization warns against use of non-sugar sweeteners, says they may increase risk of diabetes, heart issues and mortality in adults
The World Health Organization said Monday it is advising people not to use non-sugar sweeteners for weight control, warning that they may increase the risk...
: WWE to exchange 6.9 million shares and $3.9 million in cash for convertible debt due 2023
World Wrestling Entertainment Inc. WWE announced Monday agreements with certain investors to exchange 6.9 million newly issued shares of common stock and $3.9 million in...
: H&R Block’s and TurboTax parent Intuit’s stocks lower ahead of government report on proposal to let people file taxes directly to IRS for free
The stocks of H&R Block Inc. HRB and TurboTax parent Intuit Inc. INTU fell premarket Monday, ahead of the release this week of a government...