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Business Maverick: Donald Trump’s Truth Social cuts staff as company languishesThe company behind former president Donald Trump’s Truth Social has trimmed staff while awaiting regulatory approval for a merger that offers a financial lifeline, according to two people with knowledge of the matter. Another business venture? Why is this crook approved for ANYTHING, I keep waiting for him to b indicted,but I guess this will NEVER HAPPEN
Source: dailymaverick - 🏆 3. / 84 Read more »
Business Maverick: French Protesters Hit Streets as Pension Bill Nears ShowdownFrench unions are holding mass strikes and protests on Wednesday against President Emmanuel Macron’s plan to raise the retirement age, seeking to put pressure on lawmakers as the parliamentary process reaches its climax.
Source: dailymaverick - 🏆 3. / 84 Read more »
Business Maverick: Credit Suisse Crisis Crushes a Favourite Investor Trade of 2023Investors betting on a further outperformance in European bank stocks in 2023 have been caught wrong footed by the meltdown in shares of Credit Suisse Group AG and fears of a recession.
Source: dailymaverick - 🏆 3. / 84 Read more »
Business Maverick: Oil’s Tumble to 15-Month Low Accelerated by Algos, Options MovesOil extended its plunge as an unfolding banking crisis combined with supply-glut fears to fuel a wave of technical selling.
Source: dailymaverick - 🏆 3. / 84 Read more »
BUSINESS MAVERICK: Cartoon Thursday with RicoShare to Facebook Facebook Share to Twitter Twitter Share to Email App Email App Share to WhatsApp WhatsApp Hide
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Business Maverick: US demands TikTok’s Chinese owners sell stakes or face banThe US has told TikTok’s owners in China to sell their shares or risk a ban of the popular video-sharing app, people familiar with the matter said, a major escalation in the long-running standoff over privacy concerns around Chinese control of its data and algorithm.
Source: dailymaverick - 🏆 3. / 84 Read more »