Financial technology
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Business
The Cost of Doing Business With China? A $40,000 Dinner With Xi Jinping Might Be Just the Start
Nov. 27, 2023 11:00 pm ET Broadcom Chief Executive Hock Tan shelled out $40,000 to sit at Xi Jinping’s table…
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Business
IRS Delays Tax Deadlines Set by Congress. It Could Cost $8 Billion.
WASHINGTON—Congress set strict enforcement deadlines when it created new tax requirements for e-commerce platforms, older 401(k) savers and cryptocurrency brokers.…
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Business
Binance Founder Changpeng Zhao Steps Down, Pleads Guilty
The chief executive of Binance, the largest global cryptocurrency exchange, stepped down and pleaded guilty to violating criminal U.S. anti-money-laundering…
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Business
SoFi Stock: Inside the Loan Valuation Debate That Could Determine Where It Goes Next
SoFi Technologies stock has whipsawed in the days since a quarterly filing revived debate about how the fintech External link…
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Business
A Bitcoin ETF Is Closer Than Ever. What It Means for Crypto and Coinbase.
Text size The SEC could still fight the launch of a spot Bitcoin ETF if it chooses to. Dreamstime The…
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Business
Affirm, Marvell, Hawaiian Electric, AMC, Intuit, and More Stock Market Movers
Text size Affirm’s fiscal fourth-quarter revenue of $446 million beat analysts’ estimates. Gabby Jones/Bloomberg Stock futures were pointing slightly to…
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Business
PayPal Launches Dollar-Pegged Stablecoin in Latest Wall Street Threat to Crypto
Text size PayPal has an existing crypto business and is expanding into the stablecoin space. Eric Piermont/AFP via Getty Images…
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