Amazon.com Inc. is sharply cutting fees for merchants selling clothing priced below $20, a sign it’s hunkering down for a price war with Chinese fast-fashion upstart Shein.
TCI Fund Management halved its dividend payment to the parent company owned by billionaire founder Christopher Hohn in a year that saw profits slump at the London-based investment firm.
Options traders are loading up on bets that Bitcoin will surge to $50,000 by January, when many market observers expect the SEC to finally allow exchange-traded funds to directly hold the cryptocurrency.
An insolvency filing by Signa Holding shines some light on the complex dealings of the umbrella organization of Rene Benko’s property and retail empire.
Republican Kevin McCarthy, whose brief and tumultuous turn leading the US House culminated in the first voted ouster of a speaker, said Wednesday he will resign from Congress at the end of the year.
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