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Singapore’s Temasek cuts staff compensation after failed FTX investment

No misconduct from the Temasek investment team The team, senior management took “collective responsibility” Temasek did not detail the amount of the compensation cut May 29 (Reuters) – Singapore’s Temasek Holdings ( TEM.UL ) said it cut compensation for the team that recommended investing in now-bankrupt cryptocurrency exchange FTX and senior management as they take …

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US small business sentiment falls to lowest level in more than 10 years

WASHINGTON, May 9 (Reuters) – U.S. small business confidence fell to a more than 10-year low in April on concerns about the near-term economic outlook and persistent labor shortages, but there were few signs that businesses had difficulties in accessing credit. The National Federation of Independent Business (NFIB) said Tuesday its Small Business Optimism Index …

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