Barclays

WASHINGTON—Many of Wall Street’s biggest banks are nearing agreements to pay as much as $200 million each and admit that their employees’ use of personal messaging apps such as WhatsApp violated regulatory requirements, according to people familiar with the matter. The Securities and Exchange Commission and the Commodity Futures Trading Commission plan to announce the deals with the banks by Sept. 30, the end of the government’s current fiscal year. That would put the penalties in the government’s annual enforcement…

A loud noise during a lightweight boxing match on Saturday in New York’s Barclays Center caused the crowd to panic over fears of a a possible active shooter situation. However, it was a false alarm. A media spokesperson from the New York Police Department confirmed to The Hollywood Reporter that it was believed a shot was fired, causing people in the crowd to flee. Ten people received medical aid for minor injuries. At this time, no gunshot is reported to have been fired. According to the Associated Press, the…

The gold rush for drugmakers making Covid-19 vaccines and treatments might be over, as demand plateaus, supplies turn ample and the pandemic evolves. Merck & Co. and Johnson & Johnson are among the companies cutting sales expectations for pandemic products this year as they assess the outlook. Analysts, meantime, are lowering sales estimates for Covid-19 drugs such as Pfizer Inc.’s antiviral Paxlovid, citing softening demand…

The cryptocurrency TerraUSD had one job: Maintain its value at $1 per coin.Since it launched in 2020, it had mostly done that, rarely straying more than a fraction of a penny from its intended price. That made it an island of stability, a place where traders and investors could stash their funds in between forays into the otherwise frenzied crypto market. This week TerraUSD became part of the frenzy too, slumping by more than a third on Monday and then tumbling as low as 23 cents on Wednesday.…