BOSS1

Crypto lender BlockFi files for bankruptcy, cites FTX exposure

Filing follows weeks after FTX collapse FTX listed as BlockFi’s #2 creditor Bitcoin down over 70% from 2021 peak Nov 28 (Reuters) – Cryptocurrency lender BlockFi has filed for Chapter 11 bankruptcy, it said on Monday, the latest crypto casualty after the firm was hurt by exposure to the dramatic collapse of the FTX exchange …

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Tesla board member says Elon Musk identified potential successor as CEO

SAN FRANCISCO, Nov 16 (Reuters) – James Murdoch of Tesla Inc (TSLA.O) director, said in court on Wednesday that CEO Elon Musk had in recent months identified someone as a potential successor at the helm of the electric car maker. Murdoch, who did not name the potential successor, was testifying in a lawsuit over Musk’s …

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Musk warns of Twitter bankruptcy as more senior executives quit

November 10 (Reuters) – New owner of Twitter Inc, Elon Musk, on Thursday raised the possibility of the social media platform going bankrupt, capping a chaotic day that included a warning from a U.S. privacy regulator and the exit from the leader in enterprise trust and security. The billionaire in his first mass call with …

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Musk fired Twitter execs in attempt to avoid payouts, layoffs planned – reports

October 29 (Reuters) – Twitter (TWTR.N) new owner Elon Musk has laid off senior executives in a bid to avoid hefty severance packages, while lining up other layoffs as early as Saturday to avoid stock awards due Nov. 1, media reported Saturday. Musk has fired Twitter chief executive Parag Agrawal, chief financial officer Ned Segal …

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Musk begins his Twitter ownership with firings, declares the ‘bird is freed’

Musk says ‘the bird is free’ after $44 billion deal Musk fires Twitter CEO, CFO and chief policy officer Some Twitter users are signaling their willingness to walk away Survey shows employee concerns at work EU warns: ‘This bird will fly by our rules’ Oct 28 (Reuters) – Elon Musk has taken ownership of Twitter …

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Bed Bath & Beyond CFO dies after falling from New York’s Jenga tower

Join now for FREE unlimited access to Reuters.com Register September 4 (Reuters) – Bed Bath & Beyond Inc’s (BBBY.O) The chief financial officer died on Friday afternoon of New York’s Tribeca skyscraper, known as the “Jenga” tower, police said on Sunday, days after the struggling retailer announced it was closing stores and laying off workers. …

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