CNBC’s Robert Frank join ‘Squawk on the Street’ to discuss scrutiny over the Bahamas tax policy, the incentive for foreign investors to base their operations in the Bahamas, and the strict privacy laws limiting bankruptcy proceeding transparency.
Binance is seeing a slight increase in withdrawals but otherwise it’s ‘business as usual,’ CEO says
Binance CEO Changpeng Zhao said the cryptocurrency exchange has seen only a slight uptick in withdrawals and is operating fine.
Crypto.com CEO downplays FTX contagion fears, says he’ll prove naysayers wrong as withdrawals rise
Crypto.com CEO Kris Marszalek said his firm had a “tremendously strong balance sheet” and wasn’t engaged in the kinds of practices that caused FTX’s collapse.
Stocks making the biggest moves in the premarket: Hasbro, Oatly, Advanced Micro Devices and more
The stocks making the biggest moves in premarket trading include Hasbro, Oatly, Advanced Micro Devices, and more.
Biden meets Xi amid heightened China-U.S. tensions
U.S. President Joe Biden and Chinese President Xi Jinping met Monday for the first time in person since Biden took office.
Alibaba’s Cainiao opens LatAm headquarters in Brazil
The expansion comes as China’s retail growth has slowed — Alibaba for the first time didn’t release total sales for its Singles’ Day shopping festival.
It may be one of the last countries to let travelers in — and it’s not China
Even if North Korea were open to travelers, they would not be able to visit because the two main ways to enter — Russia and China — are largely closed to them.
Sam Bankman-Fried’s Alameda quietly used FTX customer funds without raising alarm bells, say sources
Sam Bankman-Fried’s trading firm was able to quietly use customer funds from his exchange FTX without sounding alarm bells, sources say.
‘Huge regime shift’: Active managers see boost from the energy trade
Commodity trading advisors, known as CTAs, are capitalizing on the historic inflation shift.
Mark Cuban reveals the 14-second pitch he used to make money at his first sales job
As a boy, Mark Cuban sold boxes of garbage bags door-to-door. This 14-second sales pitch he developed for his neighbors was his key to success, he says.