Business

An illustration showing physical bitcoins alongside binary code displayed on a laptop. Jakub Porzycki | NurPhoto via Getty Images LONDON — Investors have lost billions of dollars to criminals targeting so-called “decentralized finance” platforms this year. According to a report from London-based firm Elliptic, more than $10 billion worth of user funds has been stolen
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Macy’s CEO Jeff Gennette told CNBC’s Jim Cramer on Thursday the retailer has not reached any predetermined conclusions about spinning out its e-commerce unit into a separate company, a move that activist shareholder Jana Partners hopes to see taken. Gennette’s comments in a “Mad Money” interview came after Macy’s announced earlier Thursday it had brought
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Online streamers prepare for the annual Double 11 online shopping festival at Lingu e-commerce industry park on October 27, 2021 in Linyi, Shandong Province of China. Xu Chuanbao | Visual China Group | Getty Images BEIJING — Even as China’s newly rich internet celebrities keep smashing livestreaming sales records, businesses are finding other strategies that
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