10 Biggest Companies Reporting Earnings in the 4th Week of Jan 2023
Here is a look at the 10 biggest companies reporting earnings in the fourth week of January 2023.
All Work
247patrick
Elon Musk’s Securities Fraud Trial for Tesla’s ‘Going Private’ Tweets Begins
Tesla CEO Elon Musk is set to face a securities-fraud trial in a San Francisco court over tweets from 2018.
Microsoft’s $69 Billion Activision Blizzard Deal Faces Antitrust Warning from EU, Resistance from Regulators
Microsoft likely will receive an EU antitrust warning about its $69 billion bid for Activision Blizzard, which could pose another challenge to completing the deal.
Disney Defends Decision to Deny Nelson Peltz Board Seat, Citing Lack of Experience and Skills
Walt Disney defended its decision to deny Nelson Peltz a board seat, saying the activist investor "lacked the skills and experience" to help the media and entertainment giant.
Coinbase to Halt Operations in Japan
Coinbase Global has announced it is halting operations in Japan amid volatile market circumstances.
Bitcoin’s Correlation With Equities Drops to 1-Year Low
Following a strong rally in the cryptocurrency market over the past week, the correlation between BTC and U.S. equities has been declining.
Government Can Track Cross-Border Transactions Without Court Oversight: Report
U.S. government agencies reportedly are monitoring more than 150 million money transactions between the United States and over 20 countries without court oversight.
Ecopetrol Issues $2B Bond, Partners With Total Eren for Renewable Energy in Colombia
Colombia's state-run oil company, Ecopetrol, has made a splash in the global bond market with a premium $2 billion, 10-year bond sale.
Semafor to Buy Out SBF’s $10 Million Stake in the Startup
News startup Semafor reportedly is planning to buy out Sam Bankman Fried’s $10 million stake in the company.
Velodyne-Ouster Merger Recommended by ISS and Glass Lewis for Cost Savings and Strategic Benefits.
Velodyne Lidar said that proxy advisory firm Institutional Shareholder Services recommended that shareholders vote for its proposed roughly $400 million merger with Ouster.
IBM’s Web3 Exec: CBDCs Are the Future, Stablecoins Just a Stopgap
Shyam Nagarajan says he believes central bank digital currencies can fundamentally change the way we interact with all transactional payment systems.
DoJ Announces Action Against Bitzlato Crypto Exchange, Arrest of Founder
The U.S. Department of Justice has announced its enforcement action against the Hong Kong-based cryptocurrency Bitzlato.
The Number of DAO Members Increased 130x in 2021 to 1.6 Million: Report
The World Economic Forum has delivered its latest report on the decentralized autonomous organization (DAO) landscape in the past couple of years.
Midwest Shines Bright Amidst Otherwise Gloomy US Housing Market
This year presents an opportunity for mid-tier cities, particularly in the Midwest, to stand out as affordability becomes buyers' chief concern.
Gov. Walz Proposes Up to $3,000 in Child Tax Credit From Minnesota
Minnesota families with children could soon get thousands of dollars in tax breaks if a new proposal is approved.
The Most Expensive Cities for Parking
Finding downtown parking in most large cities can be tough due to high vehicle density compared to the availability of parking spaces. Add to that rush hour traffic and exorbitant parking fees, and the…
Countries Where People Get the Least Time Off Work
For workers around the globe, paid vacation is well-deserved time off, an opportunity to unplug from the daily grind, recharge the batteries, travel, and rest, and most countries mandate a certain number of paid…
The Best Steven Spielberg Movies
Released in 2022, “The Fabelmans” tells the story of a boy who grapples with domestic drama while pursuing his dreams of filmmaking. An ode to the power of cinema, the movie is also a…
Aterian Rises 37% on Strong Sales Guidance Bump; CEO Pledges to Receive 80% of Salary in Stock
A spike of investor sentiment followed a bullish fourth-quarter guidance update with a twist from Aterian's co-founder and CEO.
Debtors Identify $5.5B But Confirm Major Shortfalls Affecting FTX and FTX US
According to FTX, the debtors have identified $5.5 billion in liquid assets but also have confirmed that the exchange is facing significant material shortfalls.