Reuters

Citron Research's Andrew Left believes cryptocurrencies are nothing but a fraud.  What Happened: The renowned short seller talked about crypto Monday at a conference about fraud in financial markets, according to a Reuters report. When asked about areas...

Binance, the world’s largest cryptocurrency exchange, has denied the allegations from a Monday Reuters report stating that $2.4 billion in stolen crypto was laundered through its platform. What Happened: In a blog titled “The Crypto Money Laundering Myth and the...

Twitter Inc (NASDAQ: TWTR) is pausing hiring amid the departure of two company executives.  What To Know: According to a Reuters report, Twitter's head of consumer Kayvon Beykpour and revenue product lead Bruce Falck are leaving the company. Reuters said it obtained the information in...

Rivian Automotive Inc (NASDAQ: RIVN) is trading lower Wednesday after the company on Tuesday announced it's raising the prices of its vehicles by about 20%. According to a Reuters report, the price increases come as a result of inflationary pressures and higher component...

The Indian Ministry of Information and Broadcasting (I&B) strongly criticized Alphabet Inc's (NASDAQ: GOOG) (NASDAQ: GOOGL) Google, Twitter Inc (NYSE: TWTR), and Meta Platforms Inc (NASDAQ: FB) for their inaction on fake news, Reuters reports. The...

Meta Platforms Inc (NASDAQ: FB) is close to acquiring Greek audio software startup Accusonus, Reuters reports. The financial terms of the transaction remain undisclosed. Meta has been hiring engineers and buying up gaming studios.  It expanded its virtual reality activities and...

Netflix Inc (NASDAQ: NFLX) is raising its United States monthly subscription prices by $1 to $2 per month depending on the plan. The price increase will help Netflix pay for new programming in order to remain competitive in the increasingly crowded streaming space. "We’re...

The Serum Institute of India (SII) plans to launch the Novavax Inc (NASDAQ: NVAX) COVID-19 vaccine for children in India in six months, Adar Poonawalla said. The Novavax shot, called Covovax, has shown promising results in trials in three and older children, Adar Poonawalla...

The European Union-wide rollout of Pfizer Inc (NYSE: PFE) / BioNTech SE's (NASDAQ: BNTX) COVID-19 vaccine for five- to 11-year-old children will begin December 13, one week earlier than previously planned, Germany's health ministry said. "Given the current...

The State Administration of Foreign Exchange (SAFE) Shenzhen branch has penalized Tencent Holdings Ltd's (OTC: TCEHY) online payment platform, Tenpay, 2.78 million yuan ($0.44 million) for breaching foreign exchange norms, Reuters reports. The FX regulator also warned Tenpay and...

Global Payments Inc (NYSE: GPN) would be open to a significant acquisition again, two years after acquiring peer TSYS in a $21.5 billion all-stock deal, while continuing to chase small bolt-on purchases to bolster growth, Reuters reports. Transaction service provider Global Payments...

According to a source with the Drug Controller General of India, Merck & Co Inc's (NYSE: MRK) antiviral drug molnupiravir has not shown "significant efficacy" against moderate COVID-19. Related Link: Merck's COVID-19 Oral Antiviral Cuts Risk of Hospitalization...

Four large pharmacy chains, including Walgreens Boots Alliance Inc (NYSE: WBA), CVS Health Corp (NYSE: CVS), Walmart Inc (NYSE: WMT), and Giant Eagle Inc, will face their first trial over the U.S. opioid epidemic, Reuters reported. The Ohio counties of...

Stellantis NV's (NYSE: STLA) carmaker Opel will close one of its German plants due to a chip crisis until the end of the year, Reuters reports. The production at the Eisenach plant, which manufactures internal combustion engines and hybrid electric cars, will likely begin in 2022. It...

A Moscow court penalized Alphabet Inc (NASDAQ: GOOG) (NASDAQ: GOOGL) 6.5 million roubles ($89,535) for failing to content that Russia deemed illegal, Reuters reports. Russia threatened to block YouTube after it deleted Russian state-backed broadcaster RT's German-language...