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Archegos’ Bill Hwang deserves 21 years in prison, US says

By Jonathan Stempel NEW YORK (Reuters) – Bill Hwang, the founder of Archegos Capital Management, should spend 21 years in prison for running a...

1 hour ago

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Netflix down for thousands of users in United States, Downdetector says

(Reuters) -Netflix was down for thousands of users in the United States late on Friday, with more than 12,000 incidents reported, outage tracking website...

3 hours ago

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T-Mobile hacked in massive Chinese breach of telecom networks, WSJ reports

(Reuters) -T-Mobile’s network was among the systems hacked in a damaging Chinese cyber-espionage operation that gained entry into multiple U.S. and international telecommunications companies,...

5 hours ago

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Musk’s political ascendancy stirs hopes of redemption for X banks

By Shankar Ramakrishnan and Echo Wang (Reuters) – Elon Musk’s political ascendancy has some Wall Street banks hoping they may soon be able to...

7 hours ago

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S&P revises South Africa’s outlook to positive on better reforms, growth potential

(Reuters) – Ratings agency S&P revised South Africa’s outlook to “positive” from “stable” on Friday, citing plans for accelerated economic reforms by the new...

7 hours ago

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Fitch downgrades Spirit Airlines’ long-term credit rating

(Reuters) – Fitch Ratings on Friday downgraded the long-term credit rating of Spirit Airlines (NYSE:SAVE) to ‘CC’ from ‘ CCC (WA:CCCP)’, bringing it below...

7 hours ago
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