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Cryptocurrency platform FTX files for bankruptcy
AFP, Published on 12/11/2022
» NEW YORK: Crisis-struck cryptocurrency platform FTX has gone bankrupt in the United States and its chief executive Sam Bankman-Fried has resigned, it said Friday, the latest blow in a saga that has reverberated across the digital currency landscape.
Stock buybacks stay popular despite criticism
AFP, Published on 10/04/2016
» NEW YORK - Confronted with a sluggish global economy, US companies have settled on a controversial tool that rewards shareholders and executives: share buybacks.
Facebook shares dip below IPO price
AFP, Published on 21/05/2012
» Facebook shares plunged almost 12 percent below their IPO price in early trade Monday, as early buyers sought to cut losses during the stock's first full day of trade.