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Winklevoss Claims Fuel U.S. Investigation of Barry Silbert’s DCG Crypto Empire

A bitter feud between crypto tycoons has piqued the interest of U.S. investigators who were already looking into the finances of one of the industry’s best-known empires, Bloomberg News reported. For

Analysis: Beware of the Credit-Line Increases Banks Are Doling Out

Credit-line increases are becoming more common as companies dole them out to entice customers to spend more, which boosts their revenue, the Wall Street Journal reported. Higher limits tend to be

Phat Rides Scooter Startup Embroiled in Controversy as It Files for Chapter 11 Protection

A bankruptcy filing may just be the tip of the iceberg for what's unfolding at Tempe-based Phat Rides Inc. The electric scooter company on Sept. 1 filed for chapter 11 bankruptcy protection. But

Companies Pay More to Borrow in Record Bond Rush

Borrowing money is more expensive than it has been in a decade. Companies are paying the price. Large companies with top credit ratings issued bonds at a record clip this week despite a rise in

CFPB’s Chopra: Apple and Google Are ‘Choke Points’ to Equitable Payment System

Consumer Financial Protection Bureau Director Rohit Chopra said Thursday that Apple and Google are acting as “choke points” to the U.S. payment system, cutting off innovation by keeping other apps out

Tiny Bank Called Republic First Faces Test of Depositors’ Faith

First Republic Bank’s collapse this spring was a watershed moment. Now a much smaller lender called Republic First Bank is in financial purgatory, a case that may test regulators and turn the idea of

SEC Probes Ryan Cohen’s Bed Bath & Beyond Trades

The Securities and Exchange Commission is investigating billionaire Ryan Cohen’s ownership — and surprise sale — of Bed Bath & Beyond shares at a time when such so-called meme stocks were all the rage

Party City Cleared to Exit Bankruptcy, Avoiding Fate of Retail Peers

Party City Holdco Inc. on Wednesday received court approval to exit bankruptcy and emerge with a leaner balance sheet, avoiding the fate of retail peers who stumbled in chapter 11 and ceased

WeWork Looks to Renegotiate Most of Its Leases as It Fights to Survive

WeWork launched a renegotiation of its office leases globally, testing its leverage against landlords that stand to lose if the embattled co-working space provider goes out of business, WSJ Pro

Bankrupt Genesis Sues DCG Over $620 Million of Unpaid Loans

Bankrupt cryptocurrency lender Genesis Global Holdco LLC sued its parent, Digital Currency Group, seeking to recover about $620 million in outstanding loans despite ongoing settlement talks, Bloomberg