Austin Weinstein

Stay informed with Austin Weinstein’s coverage and analysis for Fortune.

  • smartphone screen displays Truth Social appFinance

    Trump Media’s accounting firm accused of massive fraud as a ‘sham audit mill’ that created false papers, did nonexistent work, and fabricated meetings

    By Lydia Beyoud, Austin Weinstein, and others
  • NEW YORK, NEW YORK – JANUARY 17: The Goldman Sachs booth is seen at the New York Stock Exchange during morning trading on January 17, 2023 in New York City. Stocks opened low after a holiday weekend disrupting an upswing in early 2023 momentum. Goldman Sachs reported that its quarterly profit plunged 66% from a year earlier to $1.33 billion and Morgan Stanley also reported a more than $2 billion in profit for the fourth quarter, giving the company a 40 percent decline from the previous year. (Photo by Michael M. Santiago/Getty Images)Finance

    Goldman Sachs ex-employee tipped friends to deals, allege federal prosecutors in latest insider trading case linked to Wall Street giant

    By Austin Weinstein, Sridhar Natarajan, and others
  • NEW YORK, NEW YORK – APRIL 28: A Lyft decal is seen on a car in the pick-up area at JFK Airport on April 28, 2023 in New York City. Lyft, the ride-hailing app, confirmed that it will be laying off 1,072 employees, which equals to roughly 26% of its corporate workforce. The layoffs were announced last week but no official number was confirmed. (Photo by Michael M. Santiago/Getty Images)Finance

    Lyft agrees to $10 million settlement for allegedly failing to disclose that Carl Icahn sold shares to George Soros just before the company’s IPO

    By Austin Weinstein and Bloomberg
  • BENT MOUNTAIN, VIRGINIA – AUGUST 31: Grace Terry, a member of POWHR, stands next to 42 diameter sections of steel pipe of the Mountain Valley Pipeline, MVP, August 31, 2022 in Bent Mountain, Virginia. POWHR, Protect Our Water, Heritage, Rights, is an interstate coalition representing individuals and groups focused on protecting individuals and communities from damage from the construction of the Mountain Valley Pipeline, MVP. The MVP will transport natural gas through 303 miles of West Virginia and Virginia. Public opposition has centered on challenging MVPs permitting through wetlands and national forests. The original budget of $3.5 billion is now estimated to be $6.2 billion. The Federal Energy Regulatory Control agency, FERC, has recently granted MVP another 4-years to complete. (Photo by Robert Nickelsberg/Getty Images)Politics

    Debt-ceiling deal wildly profitable for mystery trader, raising suspicions of insider trading

    By Austin Weinstein, Geoffrey Morgan, and others
  • REDWOOD CITY, CALIFORNIA – MARCH 30: A sign is posted in front of Electronic Arts (EA) headquarters on March 30, 2023 in Redwood City, California. Video game maker Electronic Arts announced plans to cut 6 percent of its nearly 13,000 person workforce. (Photo by Justin Sullivan/Getty Images)Tech

    ‘It’s concerning’: Tech firms are using NDAs to illegally muzzle whistleblowers by threatening to sue them for talking, SEC says

    By Sabrina Willmer, Austin Weinstein, and others
  • Greg Becker, President and CEO of Silicon Valley Bank (SVB), speaks during the Milken Institute Global Conference on May 3, 2022 in Beverly Hills, California. (Photo by Patrick T. Fallon / AFP) (Photo by PATRICK T. FALLON/AFP via Getty Images)Finance

    $42 billion in one day: SVB bank run biggest in more than a decade

    By Austin Weinstein and Bloomberg
  • Greg BeckerFinance

    Silicon Valley Bank’s CEO sold $3.6 million of stock in potentially ‘problematic’ transaction days before historic bank failure

    By Austin Weinstein and Bloomberg
  • Do Kwon, co-founder and chief executive officer of Terraform Labs, works on his laptop in the company’s office in Seoul, South Korea, on Thursday, April 14, 2022. Kwon is counting on the oldest cryptocurrency as a backstop for his stablecoin, which some critics liken to a ginormous Ponzi scheme. Photographer: Woohae Cho/Bloomberg via Getty ImagesFinance

    Company behind crypto TerraUSD, whose collapse cost investors $40 billion and set off an industry-wide crisis, is sued for fraud by SEC

    By Allyson Versprille, Austin Weinstein, and others