Elizabeth Holmes owes over $25 million to Theranos, lawsuit says
According to a lawsuit obtained by CNBC, former Theranos CEO Elizabeth Holmes has missed payments on three promisorry notes and owes Theranos creditors $25 million.
How a TikTok ban in the U.S. might work
If TikTok is banned in the U.S., connecting to the app likely won’t be as easy as using a virtual private network.
CNBC Special Pro Talks: Bank investor and specialist Anton Schutz on navigating the banking crisis
Volatility in the financial sector has left investors questioning if banks are a safe investment, especially with well-known institutions down significantly this year. Anton Schutz, who founded Mendon Capital Advisors with an eye for investing in finan…
Fed poised to approve quarter-point rate hike this week, despite market turmoil
Chairman Jerome Powell and his fellow central bankers will want to signal that it’s important to continue the fight to bring down inflation.
Europe stocks log worst week of the year as Credit Suisse rattles sentiment
European stocks rounded off a turbulent week with a negative session on Friday.
President Erdogan says Turkey will start ratifying Finland’s NATO application
Turkey’s President Recep Tayyip Erdogan on Friday approved Finland’s accession to NATO after months of talks.
Macron enrages France by forcing through pension bill with no vote. But few think he’ll be forced out
The French government faces a no confidence vote that it is expected to survive.
Central banks need to keep tightening despite stock rout, OECD says
Mathias Cormann discusses the organization’s Interim Economic Outlook.
SVB Financial seeks bankruptcy protection for reorganization
SVB Financial Group said on Friday it filed for a court-supervised reorganization under Chapter 11 bankruptcy protection to seek buyers for its assets.
UK backs Rolls-Royce project to build a nuclear reactor on the moon
Rolls-Royce is set to work with a range of organizations on the project.
