Enphase Energy will lay off roughly 10% of workforce as part of restructuring plan
The company’s stock is down 53% this year as high interest rates have depressed demand.
FTX files revised proposal to end bankruptcy and return billions to creditors: CNBC Crypto World
CNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what’s ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry….
Here’s how the Houthi attacks in the Red Sea threaten the global supply chain
Several shipping lines have suspended services through the Red Sea as more than a dozen vessels have been attacked since the start of the Israel-Hamas war.
Apple makes surprise decision to pause some Watch sales before Christmas over patent dispute
The decision stems from an intellectual property disagreement between Apple and Masimo over the Blood Oxygen feature.
Fed’s Goolsbee says he was ‘confused’ by last week’s market reaction
The President of the Federal Reserve Bank of Chicago said the market may have read too much into last week’s central bank update.
Adobe and Figma call off $20 billion acquisition after regulatory scrutiny
Adobe and Figma announced they would cancel the $20 billion acquisition after scrutiny from the U.K.’s CMA and the Justice Department.
BP latest firm to pause Red Sea shipments as U.S. says it will form international coalition to curb Houthi attacks
“You are going to see some fairly seismic activity in terms of the implications for supply chains,” the editor-in-chief of Lloyd’s List told CNBC.
Musk’s X hit with first EU probe under new disinformation rules
The EU has opened infringement proceedings into X, previously known as Twitter, over suspected failure to combat content disinformation and manipulation.
10-year Treasury yield rises to start the week
The yield on the benchmark Treasury note gained to start the last full trading week of 2023.
SoftBank-backed metaverse firm Improbable sells a key gaming venture for $97 million
Improbable has sold The Multiplayer Group, a multiplayer games services company it bought in 2019, to Keywords Studios for £76.5 million ($97.1 million).
