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Business News

Location American Business News for 9 June 2021
Wendy's and Clean Energy Fuels among new meme stocks on the rise as Redditors seek new targets Clean Energy Fuels and ContextLogic jumped more than 30% in early trading, while Wendy's stock continued its rally from Tuesday.
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More than 21,000 homes are going up in a new community that its developer says will be the largest net-zero development in the nation.
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Condo Adviser: What does phase 5 of the state's Restore Illinois reopening plan mean for condo associations? Here's what condominium associations can expect under phase five of the state's Restore Illinois reopening plan.
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Malaysian Tycoon Chen Lip Keong's NagaCorp To Raise $200 Million As Covid-19 Hits Earnings NagaCorp said Tuesday it's aiming to raise $200 million by issuing additional debt notes to strengthen its balance sheet as the Covid-19 pandemic in Cambodia weighs on earnings at its casino resort in the nation's capita...
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Ex-wife of Chicago Bulls great Michael Jordan lists River North mansion for $5M The ex-wife of Chicago Bulls great Michael Jordan, Juanita Vanoy Jordan, on Tuesday placed her six-bedroom Georgian-style mansion in Chicago's River North neighborhood on the market for $4.98 million.
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The world is in the 'early days of tech infusing itself in every industry, much deeper,' says Jonathan Curtis, portfolio manager at Franklin Equity Group.
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Mortgage rates fell slightly last week, but not enough to light a fire under mortgage demand.
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A Break Of $30,000 Would Make Bitcoin Vulnerable To A Bigger Slide Over the weekend, a big bitcoin event was held in Miami that included a lot of dogmatic commentary (typical of bubble markets).
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Crypto Market Crash Has Slashed Bithumb Value by Over 50% The South Korean crypto exchange Bithumb is still up for sale, but its value has reportedly fallen along with the crypto market price slump. Per the financial media outlet Maeil Kyungjae, potential buyers are still inter...
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Mythical Games has raised $75 million to launch its Blankos Block Party open-world multiplayer game and a platform to create games with NFTs.
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People analytics startup ChartHop raises $35M

Venture Beat - 9 Jun 2021 15:00
ChartHop, a "people analytics" startup for powering HR operations, has raised $35 million in a funding round led by Andreessen Horowitz.
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Police arrested a man accused of impersonating Trump's family on Twitter and raising more than $7,000 for a bogus 'Gay Voices for Trump' campaign The FBI says Joshua Hall raised thousands of dollars for a fake organization by impersonating the former President Donald Trump's relatives.
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Food purveyors have been slowly bringing back seating and sampling as vaccines roll out.
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The US and EU plan to donate enough vaccines to inoculate two-thirds of the world by late 2022, draft summit text says The US and EU are expected to agree on a deal to boost vaccine production and donate millions of doses, Reuters reported, citing a draft text.
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Bitcoin, Ethereum and Altcoins Shoot Higher

Crypto News - 9 Jun 2021 14:27
Bitcoin, Ethereum and Altcoins Shoot Higher Bitcoin price formed a base above the USD 31,000 and USD 32,000 levels. BTC started a decent recovery wave above the USD 33,500 resistance. It is currently (12:14 PM UTC) trading above USD 34,000 and might attempt an ups...
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Green Junk Bonds May Not Deliver Green Results

Wall Street Journal - 9 Jun 2021 13:03
Many of the securities include fine-print warnings that the companies might not fulfill their environmental pledges.
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Katzenberg-Backed Aura Valued at Over $1 Billion

Wall Street Journal - 9 Jun 2021 11:30
The private-equity firm Warburg Pincus is the leader of a $150 million funding round for the digital-security company.
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Marqeta Inc. priced its initial public offering at $27 a share late Tuesday, well above its expected range.
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Elon Musk Agrees With Vitalik Buterin on Dogecoin and Ethereum Collaboration Tesla CEO Elon Musk said he “pretty much” agrees with Ethereum co-founder Vitalik Buterin about a collaboration between Dogecoin and Ethereum. Buterin said: “if we can have a secure Doge-to-Ethereum bridge. That wo...
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Senate Republicans blocked legislation that Democrats said would narrow the gender-wage gap, a disparity that took on heightened significance during the pandemic as women disproportionately left the workforce or lost the...
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The Trump administration took more than 3,900 kids from their parents. More than half remain separated. A new report from the Department of Homeland Security found that less than 1,800 of the separated children have been reunited with their parents.
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Coinbase Says Interest From Pension Funds and Hedge Funds Has Skyrocketed, Institutional Holdings Soar 170% The Nasdaq-listed cryptocurrency exchange Coinbase has revealed record growth in its institutional business. “This year, interest from pension funds and hedge funds has skyrocketed, supported by the roll-out of crypto-...
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