Stocks end the week in the red, energy stocks among market leaders

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Softbank-Backed 2TM Cuts About 90 Jobs as Crypto Winter Lingers

(Bloomberg) — 2TM Participacoes SA, the holding company that owns Brazil’s Mercado Bitcoin SA, has dismissed about 90 employees, more than 10% of its workforce, according to people familiar with the matter, who asked not to be named because the number isn’t public.Most Read from BloombergOne-Third of Americans Making $250,000 Live Paycheck-to-Paycheck, Survey FindsTesla Pauses Hiring as Musk Aims for 10% Staff Cut, Reuters SaysElon Musk’s Ultimatum to Tesla Execs: Return to the Office or Get Ou