The S&P Dow Jones Indices announced on Monday that Coinbase Global Inc. will join the S&P 500 index instead of Discover Financial Services Inc.The decision will become effective right before a new trading session starts on Monday, May 19."S&P 500 constituent Capital One Financial Corp. (NYSE:...
Europe's largest airline, Lufthansa, extended its flight restriction to and from Tel Aviv until May 18 on Friday.The original suspension until May 11 has been extended due to Israel's threats to Iran. Israeli officials hold Iran responsible for a missile strike fired from Yemen at Tel Aviv four days ago and...
Warner Bros. Discovery Inc. is moving closer to potentially splitting the business, CNBC's David Faber reported on Thursday.According to the report, the company's linear cable networks would be separated from its studio unit. While the official statement is yet to be made, CNBC believes that the...
Coinbase Global Inc. told The Wall Street Journal (WSJ) on Thursday it reached an agreement to buy the world's leading platform for trading cryptocurrency derivatives for about $2.9 billion.The company said that those $2.9 billion include $700 million in cash and 11 million shares of...
A US federal appeals court has rejected the Federal Trade Commission's (FTC) challenge to Microsoft Corporation's $69 billion acquisition of Activision Blizzard, according to a recent court filing on Wednesday.The filing indicated that the FTC did not provide sufficient evidence to demonstrate a strong...
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