FTX Says It Can Pay Most Creditors Back In Full; US Revokes Intel, Qualcomm’s Licenses to Sell to Huawei: Report | Business Matters Full Broadcast (May 8)

Crypto exchange FTX will have between $14.5 billion to $16.3 billion to pay its creditors and customers, according to an amended reorganization plan filed by the company on Tuesday in a U.S. bankruptcy court.

The United States has reportedly revoked licenses that allowed companies including Intel and Qualcomm to ship chips used for laptops and handsets to sanctioned Chinese telecoms equipment maker Huawei Technologies.

Blackstone Real Estate Income Trust is baffling investors. The $59 billion fund has boasted a 10.5 percent annual return since its debut in 2017. Competitors on the other hand have fallen in value. Criticism is growing over how the fund values its assets.