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Tower semiconductor (tsem) stock tanks as intel abandons deal

Tower Semiconductor (NASDAQ: TSEM ) stock is taking a beating on Wednesday after the company's merger agreement with Intel (NASDAQ: INTC ) was termina...

August 16, 2023, 9:40 am

Binance seeks to curb sec’s hunt for “fraud”

BAM stated that the regulator’s requests for information were overly “broad” and “unduly burdensome”. In the motion for the protective order...

August 16, 2023, 9:33 am

Rise of the crypto underdogs: ‘low tier’ exchanges gain market share after binance falters

Regulatory and legal troubles Binance faced in the United States (and globally) led to a significant drop in the crypto market giant's share. Surprisi...

August 16, 2023, 7:49 am

Paypal halts uk crypto sales: fca’s stricter rules take center stage

The global online payments company PayPal is planning to pause cryptocurrency sales for a minimum of three months starting October 1 for users in the ...

August 16, 2023, 7:42 am

Intel scraps $5.4 billion deal for israel's tower

Intel said it's walking away from its attempt to acquire Tower Semiconductor, abandoning a $5.4 billion deal after failing to win regulatory approval...

August 16, 2023, 7:37 am

The best 3 marijuana stocks you need to know about

What is keeping marijuana stock investors in the game? Well as most would agree it is not like short-term gains. Now at one point in time, marijuana s...

August 16, 2023, 7:00 am

Tower semiconductor stock slumps as intel axes takeover

Tower Semiconductor (NASDAQ:TSEM) stock was priced 11% lower in Wednesday's early transactions after Intel Corporation (NASDAQ:INTC) dropped its acqui...

August 16, 2023, 6:43 am

Intel axes us$5.4bn tower semiconductor takeover

Intel Corporation (NASDAQ:INTC) has unexpectedly axed its US$5.4 billion acquisition of Tower Semiconductor, with unnamed sources near to the deal cit...

August 16, 2023, 6:26 am

Intel scraps $5.4 billion acquisition of tower semiconductor after regulators fail to approve deal

Intel first announced plans to buy Tower Semiconductor in 2022 for $5.4 billion, but is now terminating the deal saying it failed to get regulatory ap...

August 16, 2023, 4:22 am

Intel drops $5.4 billion deal for tower semi amid china holdup. it's a blow to chip strategy.

The move for the Israeli company collapsed due to delays to regulatory approval. It's a setback for plans to ramp up its semiconductor-making business...

August 16, 2023, 4:09 am

: intel set to call off $5.4 billion purchase of tower semiconductor: report

Intel Corp. will likely call off its proposed $5.4 billion acquisition of Tower Semiconducor Inc. after failing to win regulatory approval from China,...

August 16, 2023, 2:43 am

Growing regulatory concerns push us bank stocks downward

The stocks of US banks stumbled today (Tuesday) amidst fears of stricter regulations and possible additional downgrade of several lenders in the count...

August 15, 2023, 10:48 pm

Prime trust unravels: files for bankruptcy after acquisition intent fails

The Las Vegas-based cryptocurrency custodian Prime Trust has filed for Chapter 11 bankruptcy protection. This marks the latest setback for the financi...

August 15, 2023, 6:13 pm

Yuan nears multi-year lows on the weaker economy

Another set of statistics from China has added to the wave of disappointment over the momentum of the world’s second-largest economy, prompting a di...

August 15, 2023, 2:53 pm

Binance irked by sec’s move to query ceo of us affiliate

Binance has criticised the US Securities and Exchange Commission (SEC) for reportedly making “incredibly overbroad” and “unreasonable” demands...

August 15, 2023, 2:19 pm

Discover's ceo exit has wall street worried about whether another shoe will drop

An abrupt exit for Discover Financial Services' chief executive is sending a troubling signal to Wall Street given the credit-card company's regulator...

August 15, 2023, 1:55 pm

Warren buffett invested over $700 million in dr horton in q2

Legendary investor Warren Buffett loaded up on shares of homebuilders in the second quarter of this year, as per a regulatory filing on Tuesday. Buffe...

August 15, 2023, 1:20 pm

Dasset crypto exchange crumbles: the ripple effects of regulatory pressure

Pressure on cryptocurrency firms does not seem to decrease. Their condition is not helped by the prolonged consolidation of major assets or the tighte...

August 15, 2023, 12:26 pm

Accuray's (aray) treatment options to be boosted post fda's nod

Accuray's (ARAY) latest regulatory approval is likely to improve breast cancer treatment....

August 15, 2023, 10:55 am

Coinbase launches lobbying initiative to safeguard crypto interests

Coinbase has launched a lobby group in a retaliatory move against what the US-based cryptocurrency exchange has for a long time described as an unclea...

August 15, 2023, 10:02 am


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