Business

Binance is investigating a possible hack affecting a number of crypto tokens

Hong Kong/New Delhi CNN Business — The crypto industry simply cannot take a break this year. Binance, the world’s largest cryptocurrency exchange, is investigating a hacking incident that affected a number of crypto tokens on Friday. According to its founder and CEO Changpeng Zhao, a private key, used to encrypt or decrypt data, had been …

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Why the jobs report still matters to investors: Morning Brief

This article first appeared in the Morning Brief. Get the Morning Brief delivered straight to your inbox Monday through Friday at 6:30 a.m. ET. Subscribe Friday, December 2, 2022 Today’s newsletter is at Myles Udland, senior markets editor at Yahoo Finance. Follow him on Twitter @MylesUdland and on LinkedIn. Read this and other market news …

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Oil production cuts on the table ahead of Russian sanctions

OPEC+, a group of 23 oil-producing nations led by Saudi Arabia and Russia, will meet on Sunday to decide the next phase of production policy. Bloomberg | Bloomberg | Getty Images OPEC and non-OPEC oil producers could impose deeper oil production cuts on Sunday, energy analysts said, as the influential energy alliance weighs the impact …

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S&P 500 futures fall slightly as investors await Friday’s U.S. jobs data

S&P 500 futures were down slightly early Friday as investors anticipated the November jobs report. Futures contracts linked to the benchmark stock index fell 0.16%. Dow Jones Industrial Average futures fell 0.1% and Nasdaq 100 futures fell 0.33%. Shares of tech companies were on the move after hours trading after the quarterly results. Asana, Zscaler …

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Musk delivers first Tesla truck, but no updates on production, pricing

Tesla ships first Semi to PepsiCo five years after unveiling it No details on orders or capacity for electric trucks Semi uses existing Tesla cars to come up with a new Supercharger Dec 1 (Reuters) – Tesla Inc’s (TSLA.O) chief executive Elon Musk delivered the company’s first heavy-duty tractor-trailer to PepsiCo (PEP.O) on Thursday without …

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People leaving Los Angeles now flock to these cities the most

As record numbers of Los Angeles residents continue to leave the state, new research from Redfin shows they are flocking the most to two cities in particular. Crowds of people left California during the pandemic, heading to more affordable places. The places that saw the biggest exodus were coastal cities, including San Francisco, Los Angeles, …

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Blackstone’s $69bn REIT stifles takeovers in blow to real estate empire

NEW YORK, Dec 1 (Reuters) – Blackstone Inc (BX.N) on Thursday limited withdrawals from its $69 billion unlisted real estate income trust (REIT) after a spike in redemption requests, an unprecedented blow to a franchise that helped it become an asset management giant. The brakes came because redemptions hit pre-set limits, rather than Blackstone setting …

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Tesla CEO Elon Musk launches first semi-truck deliveries

Tesla CEO Elon Musk kicks off deliveries of the company’s heavy-duty truck, the Semi, to the Gigafactory in Sparks, Nevada. Tesla Inc. You’re here CEO Elon Musk kicked off deliveries of the company’s first production tractor-trailers on Thursday, speaking on stage at the company’s factory in Sparks, Nevada, with Dan Priestly, the company’s senior manager …

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