Winklevoss’ crypto exchange Gemini returns $2.2 billion to users

Tyler Winklevoss and Cameron Winklevoss (L-R), creators of crypto exchange Gemini Trust Co. on stage at the Bitcoin 2021 Convention, a crypto-currency conference held at the Mana Convention Center in Wynwood on June 04, 2021 in Miami, Florida. Joe Raedle | Getty Images Customers with funds locked up in crypto exchange Gemini’s defunct crypto lending … Read more

Saudi Aramco to sell stock in new offering: Report

Members of media chat before the start of a press conference by Aramco at the Plaza Conference Center in Dhahran, Saudi Arabia November 3, 2019.  Hamad I Mohammed | Reuters Saudi Arabian state oil giant Aramco plans to offer a fresh sale of between $10 and $20 billion of its stock as soon as this … Read more

American Airlines cuts growth after sales strategy backfires

American Airlines planes sit at the gate at Los Angeles International Airport (LAX) in Los Angeles, California, on July 26, 2023. Daniel Slim | AFP | Getty Images American Airlines will slash its capacity growth in the second half of the year and consider a host of other changes, CEO Robert Isom said Wednesday, a … Read more

Clean Energy Ventures raises $305 million to back early-stage climate startups

Solar panels and wind turbines in the Netherlands. Daniel Bosma | Moment | Getty Images Clean energy stocks may be underperforming in the public market. But there is still a great appetite for companies focused on decarbonization in private markets, with Clean Energy Ventures’ new fund as the latest example. The climate tech firm said … Read more

PwC to become OpenAI’s first reseller and largest enterprise user

PwC said the deal will see its U.S. and U.K. employees and clients gain access to the latest tools from OpenAI. Nurphoto | Nurphoto | Getty Images PwC landed a deal Wednesday with OpenAI to become the artificial intelligence company’s first resale partner and largest enterprise user. The Big Four accounting firm said its U.S. … Read more

ECB’s Knot says policy to ease ‘gradually’ as markets eye rate June cut

Klaas Knot, president of De Nederlandsche Bank NV, on the sidelines of the Group of 20 (G-20) finance ministers and central bank governors meeting in Gandhinagar, India, on Tuesday, July 18, 2023. Bloomberg | Bloomberg | Getty Images LONDON — European Central Bank Governing Council member Klaas Knot said it would “soon” be time to … Read more

ConocoPhillips to buy Marathon Oil in $17 billion all-stock deal that bolsters shale assets

ConocoPhillips headquarters in Houston, Texas, US, on Tuesday, Oct. 31, 2023.  Bloomberg | Bloomberg | Getty Images ConocoPhillips agreed on Wednesday to buy Marathon Oil in an all-stock transaction worth $17 billion that would bolster the company’s shale assets as the broader oil and gas industry undergoes a major wave of consolidation. The deal will … Read more

Nasdaq tops 17,000; Exxon faces shareholder revolt

The Nasdaq Marketplace is seen on March 01, 2024 in New York City.  Michael M. Santiago | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Like what you see? You … Read more

Nvidia investors thinking about taking profits should ask 3 questions

Discipline trumps conviction. Those are perhaps the three most important words for Nvidia shareholders who are sitting on a grand slam. After more than tripling last year and more than doubling again so far in 2024, to say Nvidia and CEO Jensen Huang have been on a roll would be the understatement of the century. … Read more

American Airlines cuts outlook, says chief commercial officer is leaving

American Airlines passenger jets are lined up at the gates at Ronald Reagan Washington National Airport in Arlington, Virginia, on Feb. 10, 2024. J. David Ake | Getty Images American Airlines slashed its sales outlook on Tuesday and said its chief commercial officer, Vasu Raja will leave the company next month. American said it expects … Read more