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Chief executive claims Republican state government ‘rushed’ process when passing sweeping restrictions
Staff reductions come as social media site announces launch of subscription service
US Fed’s monetary policy hits Berkshire’s stock portfolio but nearly triples returns on its cash pile
Groups that disappointed on both profit and sales have underperformed the market by almost 7%
Arbitrator says Murdoch-owned media group must pay at least $3.7bn if it wants minority stake in betting company
FC Barcelona counts the cost of Champions League exit, Jay Z and Bezos target Washington Commanders, and more.
Group’s former chief executive and chair of parent company face criminal charges over ‘temporary marketing gimmick’
Financial stability report says banks are well capitalised against shocks from a downturn
In his first week as owner, billionaire axed management, began mass job cuts and launched new products
Cryptocurrency exchange benefits from earning interest on cash and Treasury holdings though losses reach $545mn
Market is evolving quickly as the rise of remote working means buyers are becoming younger and more mobile
Dealer’s shares plummet as interest rates rise and stress builds on US consumers
Digital currency exchange hit by low volatility and collapse in token prices
CEO David Zaslav says sprawling media group must find $3.5bn of savings over two years
Offer could value football franchise at up to $6bn and would mark a record for a sports club
Injunction granted as former US president’s companies face fraud lawsuit brought by New York attorney-general
Having vastly overpaid to buy the platform, Elon Musk needs all the cost savings and revenues he can get
Stripe and Lyft become latest to announce lay-offs as Amazon keeps lid on headcount
Companies are not going to let up spending despite weakening economy
Jab maker ties weaker revenue outlook to delivery delays and manufacturing issues
Job losses expected before end of week as new owner continues clear-out
Big falls in stocks and bonds have meant funds designed to be safer are underperforming racier options
UK broker plans to create a standalone company and has held discussions with Numis, Hargreaves Lansdown and Investec
ExxonMobil and Chevron invest less than before pandemic in face of peak demand and Wall Street pressure
UK pilot by $8tn asset manager signals ‘revolution in shareholder democracy’, says chief executive Larry Fink
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