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Tag: billion

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The US Senate could wipe out $6 billion in crypto rewards this week by closing one specific loophole

The GENIUS Act banned issuer-paid yield, but the Senate markup fight is whether exchanges can keep routing rewards around that restriction, and the...

Who runs Berkshire’s $300 billion equity portfolio?

As Berkshire Hathaway marks Warren Buffett 's official retirement Wednesday, attention is shifting to a less settled part of the succession plan: the...

Citadel to return $5 billion in profit to investors, source says

Citadel plans to return about $5 billion in profits earned in 2025 back to investors at the beginning of next year, according to...

Asset manager Janus Henderson gets bought by Trian, General Catalyst for $7.4 billion

Asset manager Janus Henderson has agreed to be acquired by investors Trian Fund Management and General Catalyst, the companies announced Monday. Trian and...

SoFi stock drops on $1.5 billion stock offering

Anthony Noto, CEO of SoFi, speaking with CNBC at the annual Allen & Co. Media and Technology Conference in Sun Valley, Idaho on...

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