
Alibaba is splitting into six independent business units in a bid to increase agility and unlock value as Chinese regulatory pressure eases.




Hindenburg Research released a critical report against Block, alleging systemic compliance failures and inflated user growth metrics.

Federal Reserve Chair Jerome Powell signaled potential further rate hikes, ruling out cuts this year as the central bank prioritizes reaching its 2% inflation goal.



Warren Buffett is reportedly in talks with officials about potentially investing in US regional banks struggling after recent industry turmoil.



Big Pharma is cutting insulin prices not for altruism, but to avoid massive potential payments to Medicaid triggered by federal law changes.


