Medical Properties Trust, the country’s largest hospital landlord, said it would record about $350 million of write-downs related to its largest tenant, which had fallen behind on its rent, and hired a well-known restructuring adviser. MPT, which had long supported Dallas-based Steward Health Care System, said more write-downs are possible. The news, released Thursday after … Read more
Updated Nov. 9, 2023 12:52 pm ET|WSJ Pro Celsius Network, the crypto platform that touted itself as safer than a bank, won court approval to end its bankruptcy case and release most of its remaining cryptocurrency back to hundreds of thousands of customers whose funds have been trapped since last year. The plan approved in … Read more
Updated Oct. 31, 2023 12:36 am ET SINGAPORE—New U.S. export controls may compel artificial-intelligence giant Nvidia to cancel billions of dollars in next-year orders for its advanced chips to China, a move that could deprive Chinese tech companies of crucial AI resources. The Santa Clara, Calif.-based company had already finished delivering orders of its advanced … Read more
Is Bitcoin an Inflation Hedge? Here Are the Arguments on Both Sides The Wall Street Journal Source link