FTX signs deal to bail out crypto lender BlockFi with option to buy it for up to $240 million
Crypto exchange FTX signed a deal on Thursday to bail out embattled digital-asset lender BlockFi. The deal also includes an option for FTX to buy...
Coal miner stocks fall after Supreme Court ruling limiting EPA’s role
Coal miner stocks are falling, in the wake of the Supreme Court's ruling that restricts the U.S. government's reach in controlling emission from coal-fired power...
Natural-gas futures trade lower as EIA reports a bigger-than-expected rise in U.S. supplies
The U.S. Energy Information Administration reported on Thursday that domestic natural-gas supplies rose by 82 billion cubic feet for the week ended June 24. That...
FDA says COVID-19 boosters should be updated to combat two omicron subvariants
The Food and Drug Administration on Thursday told COVID-19 vaccine makers that plan to update their boosters to add a BA.4 and BA.5 spike protein...
Vipshop stock falls after disclosing more sales by JD.com
The U.S.-listed shares of Vipshop Holdings Ltd. sank 5.7% in morning trading Thursday, and have now tumbled TK% amid a four-day losing streak, after disclosing...
Nikola adjourns shareholder meeting, still short of support share issuance
Electric-truck maker Nikola Corp. adjourned its shareholder meeting for a second time to July 18 after a key proposal failed to pass, the company said...
Gold prices down a fourth straight session, tally a loss for the month
Gold futures marked a fourth straight session decline on Thursday, ending more than 2% lower for the month, according to FactSet data. A "strong U.S....
FTX nears deal to acquire BlockFi for $25 million, reports say
Digital asset exchange FTX is nearing a deal to acquire crypto lender BlockFi for $25 million, or a 99% discount to its most recent private-market...
Oil futures fall for the month, but hold on to a year-to-date gain
Oil futures fell on Thursday to tally a loss for the month, but held on to a gain so far this year. The Organization of...