Hacked Japanese Cryptocurrency Exchange Pays Back Customers
Coincheck spent $435 million to compensate 260,000 customers who had kept a digital currency called NEM at Coincheck.
Bank of America Proxy Says CEO Made 250 Times More Than Median Employee
Bank of America Corp. became the first big U.S. bank to unveil how much more its CEO makes than its typical employee.
Digital Money From Central Banks Would Pose Risks, BIS Panel Finds
Digital currencies issued by central banks could provide certain benefits, but officials should tread carefully before upending the current monetary system, according to a committee of central bankers studying the issue.
Don't Mistake Market Calm for Being Out of the Woods
Investors should search the past for lessons about where we are in the market cycle. 2005 was an instructive moment.
Gun Maker Remington Plans to File for Bankruptcy Protection
Remington, a gun manufacturer that private-equity owner Cerberus spent more than a decade building into an industry giant, is now on the brink of bankruptcy as it copes with a heavy debt load and volatile gun sales.
HNA in Talks to Sell Hilton Stake a Year After Investing
HNA, one of China's biggest private companies, is looking to further cash out its stakes in companies related to the Hilton hotel chain roughly a year after becoming a major shareholder.
Geico to Stop Using Education and Occupation in Setting Auto Rates in New York
Berkshire Hathaway Inc's Geico unit agreed to halt the use of education and occupation as factors in setting auto-insurance premiums in New York.
CNBC's Kudlow Being Weighed as Replacement for Gary Cohn
Top White House officials have reached out to gauge Lawrence Kudlow's interest in becoming President Trump's top economic adviser, and the CNBC commentator was expected to interview for the position as soon as this week, people familiar with the discussion said.
Hedge Funds Bet on Volatility
Hedge funds are betting that the recent turbulence in U.S. stocks will persist-a reversal after wagering for more than two years that the equity market will remain calm.
Another Exchange Jumps on Bitcoin Bandwagon
A startup exchange active in the derivatives market is expanding into bitcoin, the latest sign that market operators remain excited about cryptocurrencies despite bitcoin's recent price slump.