U.S. stock futures slide after strong January jobs report, disappointing corporate earnings

MARKET SNAPSHOT U.S. stock index futures extended a drop Friday after an unexpectedly strong rise in January nonfarm payrolls, while the technology sector bore the brunt of the losses following disappointing results from Amazon. Read More...


Billionaire Adani’s Empire Loses $107 Billion

The damage to Gautam Adani’s conglomerate, caused by accusations of fraud, price manipulation, money laundering and problems of governance from the New York short-seller Hindenburg Research, is deepening. Credit Suisse and Citigroup no longer accept certain securities issued by the entities that make up the Adani empire as collateral for margin loans to private clients, according to Bloomberg News. The central bank of India has also asked the country’s financial institutions to disclose their exposure to the conglomerate, which holds mines, ports, power plants and data centers in India.

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