business news

Andreessen Horowitz to open first office outside the U.S. in London in bet UK will become crypto hub

LONDON — Andreessen Horowitz is opening its first office outside of the U.S. in London, the venture capital firm announced…

Senator opens investigation into PGA Tour merger with Saudi-backed LIV Golf

WASHINGTON — A top Democratic lawmaker launched a probe on Monday into the planned merger of the PGA Tour and…

Goldman Sachs CEO David Solomon warns of pain ahead for commercial real estate

Goldman Sachs CEO David Solomon said Monday that his bank will disclose markdowns on commercial real estate holdings as the…

Inflation outlook hits two-year low in latest New York Fed survey

Consumers are growing more optimistic that inflation is on the way down, according to a New York Federal Reserve survey…

Stocks making the biggest moves before the bell: Nasdaq, Illumina, Oracle, Carnival and more

Check out the companies making headlines in premarket trading. Nasdaq — The exchange operator’s shares dropped 7.7% following the announcement…

JPMorgan prepared to pay $290 million in settlement with Jeffrey Epstein victims

JPMorgan Chase is prepared to pay $290 million in a settlement with victims of the late sexual predator Jeffrey Epstein,…

HSBC builds innovation division from the bones of collapsed SVB UK

U.K. banking titan HSBC unveiled a new HSBC Innovation Banking unit Monday, as it seeks to push into the technology…

Silvio Berlusconi, billionaire media mogul and former Italian prime minister, dies at 86

Silvio Berlusconi, the billionaire media mogul who served as Italian prime minister multiple times between 1994 and 2011, has died.…