SEC issues new guidance requiring companies to disclose cryptocurrency risks
Under the new SEC guidance, companies will have to include crypto asset holdings as well as their risk exposure to the FTX bankruptcy in their public filings.
FTC sues to block Microsoft’s acquisition of Activision Blizzard
This isn’t Microsoft’s first run-in with U.S. regulators. Microsoft said it did believe in giving peace a chance. Now it looks forward to a court appearance.
33-year-old jewelry designer ditched Amazon and Walmart, now brings in $4.8 mil/year: Big companies ‘make such stupid mistakes’
Al Sandimirova’s jewelry company Automic Gold brought in $1.4 million more in annual revenue after splitting with major retailers like Amazon, Walmart and eBay.
Saudi Arabia reports its first budget surplus in nearly 10 years on higher oil prices
The 2022 surplus came to 102 billion riyals ($27 billion), constituting 2.6% of Saudi gross domestic product, the kingdom’s finance ministry said.
FTX spokesman Kevin O’Leary says he lost his $15 million payday from crypto firm
Kevin O’Leary made millions as an FTX spokesman, but he says he’s lost it all after the bankruptcy of the crypto exchange.
Russia’s Ukraine onslaught shows zero signs of a winter lull as conflict rages
Russia and Ukraine are sending out smoke signals that there is no time — and no desire — for a cessation of hostilities.
WNBA star Brittney Griner was freed from Russia in a prisoner swap for an arms dealer
Griner was detained in February at Moscow’s Sheremetyevo Airport after Russian authorities said they found vape canisters with cannabis oil in her luggage.
Europe’s energy grids face first major winter stress test as Arctic blast takes hold
Temperatures across the Nordic countries and central and eastern Europe are also set to drop to close to or below freezing over the coming days.
New Peru president sworn in, predecessor Castillo arrested
Vice President Dina Boluarte was sworn in after ousted leader Pedro Castillo was arrested following a last-ditch bid to cling to power by dissolving Congress.
Retail traders think stocks will bottom in 2023 — and they plan to load up on Big Tech, survey says
A survey of over 2,000 retail investors found that over 80% think the worst of the stock market rout will be over within six months.
