Spies, lies and losses: Credit Suisse's scandals

REUTERS

Credit Suisse (CSGN.S) will pare back its investment bank and focus on building its wealthy client base, the Swiss bank said on Thursday, as it regroups following a string of scandals. read more »

Zillow plunges 25% to lowest since July 2020, after company exits home-buying business

CNBC

Zillow shares have lost two-thirds of their value since February as the company’s new home-buying business turned into a money-losing albatross. read more »

Nikola to pay $125 mln penalty in SEC settlement

REUTERS

Nikola Corp (NKLA.O) said on Thursday it was working with U.S. regulators to pay a $125 million penalty to settle a charge against its founder, as the electric-truck maker works on ramping up production. read more »