Jim Chanos phone calls accommodate accusing him of embezzling resources ‘baseless and defamatory’

Crucial Points

Jim Chanos was sued by a previous husband or wife accusing him of working with his company as a “piggy lender” with $10 million of outstanding financial loans that he borrowed from his company above a lot more than a decade, according to a Bloomberg Information report.
Conlon Holdings, a Chicago-based organization run by Sean Conlon, filed the go well with in New York Point out courtroom about the weekend.

Source

Finance

When it comes to saving, Gen Z asks: ‘What’s the point?’ That’s dangerous, expert says

June 7, 2025

FA Playbook When it comes to saving, Gen Z asks: ‘What’s the point?’ That’s dangerous, expert says Published Sat, Jun 7 20256:15 AM EDT Greg Iacurci@GregIacurci WATCH LIVE Source

Finance

Stocks making the biggest moves midday: Petco Health, Tesla, Circle, Lululemon & more

June 6, 2025

Check out the companies making the biggest moves midday: Petco Health — The retailer slumped 22% after losing 4 cents per share in the fiscal first quarter, twice the 2-cent loss that analysts had estimated, based on FactSet data. Revenue of $1.49 billion missed the Street’s $1.50 billion consensus, while same-store sales dropped 1.3%, worse […]

Finance

Swiss government proposes tough new capital rules in major blow to UBS

June 6, 2025

Key Points The Swiss government proposed strict new capital rules that would require banking giant UBS to hold an additional $26 billion in core capital. The measures would also mean that UBS will need to fully capitalize its foreign units and carry out fewer share buybacks. The Swiss National Bank said it supported the measures […]