Neftlix, Alphabet rise; Lilly, Concentrix fall – mySA

NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Friday: Alphabet Inc., up $4.97 to $98.02. Google’s owner is cutting 12,000 jobs, about 6% of its workforce, the latest tech company to trim staff. Netflix Inc., up $26.72 to $342.50. Subscriber growth is surging again at the streaming video pioneer, an … Read more

Crypto lender Genesis files for Chapter 11 bankruptcy – mySA

Crypto lending company Genesis is seeking Chapter 11 bankruptcy protection as faltering prices and the downfall of FTX continue to rattle the industry. Genesis Global Holdco LLC and two of its lending business subsidiaries, Genesis Global Capital LLC and Genesis Asia Pacific Pte. Ltd., filed for bankruptcy protection in the Southern District of New York. … Read more

NY developer plans San Antonio multifamily – The Real Deal

Sovereign Properties’ Camil Zuk along with a rendering of the planned Westover Hills project (Getty, Sovereign Properties) A New York-based multifamily developer is planning a few residential projects in Texas. Sovereign Properties will begin work on a 312-unit, six-building complex at the southern corner of Nationwide Drive and Texas State Highway 151 this coming July, … Read more