China markets fall as protests erupt over Covid lockdowns

China markets fall as protests erupt over Covid lockdowns

hong kong CNN Business — China’s major stock indices and its currency traded sharply lower on Monday, as widespread protests against the country’s stringent Covid-19 restrictions over the weekend roiled investor sentiment. Hong Kong’s Hang Seng (HSI) Index fell as much as 4.2% in early trading. It has since pared some losses and closed down … Read more

Foxconn protests: iPhone factory offers to pay its workers to quit and leave Zhengzhou campus

Foxconn protests: iPhone factory offers to pay its workers to quit and leave Zhengzhou campus

hong kong CNN Business — Foxconn has offered to pay newly recruited workers 10,000 yuan ($1,400) to quit and leave the world’s largest iPhone assembly factory, in an attempt to quell protests that saw hundreds clash with security forces at the compound in central China. The Apple supplier made the offer Wednesday following dramatic scenes … Read more

Crypto: What’s next as FTX collapse triggers ‘Lehman moment’?

Crypto: What's next as FTX collapse triggers 'Lehman moment'?

London CNN Business — The stunning downfall of the FTX exchange, one of the biggest and most reputable players in the market for digital assets, is sparking alarm among people who own cryptocurrencies as investors run for cover. There are still many unanswered questions. But two big ones loom: How far will the damage spread? … Read more

Crypto giant Binance drops bid to save rival, stoking chaos in digital assets

Crypto giant Binance drops bid to save rival, stoking chaos in digital assets

New York CNN Business — In an abrupt reversal, cryptocurrency exchange Binance pulled out of a deal to acquire its embattled rival FTX, saying the company’s problems were “beyond our control or ability to help.” Binance, the world’s largest crypto exchange, said it reviewed FTX’s finances as part of the due diligence process, and it … Read more

Stonkbros Are Angry Over Netflix’s GameStop Documentary Trailer

Stonkbros Are Angry Over Netflix's GameStop Documentary Trailer

Image: Epic/Google/Kotaku Back in January of 2021 GameStop’s stock price exploded as Reddit trolls went to war with old-school investors after the latter bet on the company failing. Reddit et al called their bluff, and well, it’s now the stuff of documentary films. Speaking of, Netflix just released a new trailer for its upcoming documentary … Read more

Why Naomi Judd left daughters Ashley, Wynonna out of will: lawyers

Why Naomi Judd left daughters Ashley, Wynonna out of will: lawyers

Naomi Judd’s decision to name husband Larry Strickland executor of her will is not uncommon, but may be perceived as a slight to daughters, Wynonna and Ashley Judd, a legal expert exclusively tells Page Six. “It is common to name the spouse as the executor of a will. But leaving out her daughters seems pointed, … Read more

Wynonna and Ashley Judd left out of mom Naomi’s will

Wynonna and Ashley Judd left out of mom Naomi's will

Naomi Judd left her only two daughters, Wynonna Judd and Ashley Judd, out of her last will and testament, Page Six can confirm. The late country singer – who died by suicide on April 30 – instead appointed her husband of 33 years, Larry Strickland, as the executor of her estate, according to court documents. … Read more