FTX’s creditors include Goldman Sachs, The New York Times and Netflix

FTX’s creditors include Goldman Sachs, The New York Times and Netflix

New York CNN — Recently unsealed bankruptcy documents have revealed thousands of creditors who FTX owes after the once-mighty crypto exchange collapsed in November. Wall Street heavyweights including Goldman Sachs and JPMorgan were named to the list of creditors, which includes businesses, charities, individuals and other entities in a 116-page document filed late Wednesday. FTX … Read more

Southwest posts quarterly loss, warns more losses to come after service slumps

Southwest posts quarterly loss, warns more losses to come after service slumps

New York CNN — Southwest Airlines reported a fourth-quarter loss due to the company’s service slump during the holiday travel season, and it warned the costs of those issues would result in another first-quarter loss. . The airline was forced to cancel more than 16,700 flights between Dec. 21 and Dec. 29, about half of … Read more

Mortgage rates drop ahead of Fed meeting next week

Mortgage rates drop ahead of Fed meeting next week

washington d.c. CNN — Mortgage rates fell slightly this week, remaining nearly flat ahead of the Federal Reserve’s closely watched interest rate setting meeting next week. The 30-year fixed-rate mortgage averaged 6.13% in the week ending Jan. 26, down from 6.15% the previous week, according to Freddie Mac data released Thursday. A year ago, the … Read more

How M&M’s is making the most of its spokesperson controversy

How M&M’s is making the most of its spokesperson controversy

New York CNN — Over the past year, M&M’s has been the subject of tirades from Fox News and criticism from a small segment of fans – first for changing Green M&M’s shoes and more recently for featuring female M&M characters on its packaging for International Women’s Day. This week, he announced a change: following … Read more