Binance quietly drops ‘multi-million’ Forbes defamation lawsuit

  The world’s largest cryptocurrency exchange, Binance, has dropped its defamation lawsuit against news publication Forbes and two of its journalists, according to official court documents. Binance Holdings filed a lawsuit against Forbes, along with journalists Michael Del Castillo and Jason Brett in November, following an article that alleged BinanceRead More →

  Nasdaq:SAVA fell nearly 10% on Tuesday after rising nearly 90% earlier this week. Analysts raised their ratings after SAVA announced positive news about its Alzheimer’s clinical trial. NASDAQ:SAVA retreated Tuesday after nearly doubling in price on Monday, after Wall Street analysts were bullish on the biotech’s Phase 2B clinicalRead More →

It finally happened. A bona fide selloff took hold Monday on Wall Street after investors spent weeks attempting to come to terms with the potential impact of the COVID-19 outbreak as it spreads in countries outside of China, notably Italy and Iran, threatening to dent global supply chains and economies.Read More →

Chinese manufacturing activity fell to an eight-month low in October, an official gauge showed, raising another warning signal as hopes for a U.S.-China trade truce were dealt a further blow. China’s official gauge of factory activity, the manufacturing purchasing managers index, dropped to 49.3 in October from 49.8 in September,Read More →

HONG KONG (Reuters) – Gambling revenue in the Chinese territory of Macau dropped 8.6% in August on the year, hit by tapering demand from high rollers, due to slowing economic growth amid China’s trade war with the United States and protests in neighboring Hong Kong. August’ s figure was 24.3Read More →

© Reuters. Starboard drops Dollar Tree board challenge (Reuters) – Activist investor Starboard Value LP said on Friday it was withdrawing its nominations for directors at Dollar Tree (NASDAQ:) Inc’s board, saying that it was pleased with the company’s decision to test multiple price points at its stores. Starboard inRead More →