Business News
Hundreds Were Mistakenly Told They Might Have Cancer, Test Company Says
The New York Times - 4 Jun 2023 20:57
Grail, which makes a blood test for cancer, said a vendor's software issue caused inaccurate letters to be sent to about 400 customers last month.
Why alternative investment funds are betting on performing credit
livemint.com - 4 Jun 2023 19:55
Mutual funds have cut credit exposure after the Franklin Templeton crisis; banks and NBFCs have less flexibility.
Renowned Investor Jim Rogers Expects Worst Bear Market in His Lifetime -- Says 'You Should Be Extremely Worried'
Bitcoin.com - 4 Jun 2023 03:30
Veteran investor Jim Rogers, who co-founded the Quantum Fund with billionaire investor George Soros, says he expects the next bear market to be the worst in his lifetime. "You should be extremely worried. If you’re not...
Bearish Bets Against S&P 500 Are Surging, Despite Love for Big Tech
Wall Street Journal - 4 Jun 2023 06:01
Hedge funds and other speculative investors have built up a big bet that the S&P 500 will decline, marking their most bearish positioning since 2007.
EV Makers Confront the 'Nickel Pickle'
Wall Street Journal - 4 Jun 2023 15:25If Jamie Dimon wants political office -- he'll need to answer about Epstein
New York Post - 4 Jun 2023 03:13
Dimon won't pull the trigger now and possibly ever because he knows being president requires running for president.
Iran-Russia Trade Settlements Exceed 60% in National Currencies, Says Joint Chamber Chief
Bitcoin.com - 4 Jun 2023 01:30
Iran and Russia have increased cooperation and settled more than 60% of their bilateral trade in the Russian ruble and the Iranian rial, according to the chairman of Iran-Russia Joint Chamber of Commerce. The two countri...
Bitcoin price chart flashes a bullish sign that could lead to breakouts in ADA, QNT, RNDR and RPL
Coin Telegraph - 4 Jun 2023 19:18
BTC's chart is beginning to look bullish, and ADA, QNT, RNDR and RPL could rally if Bitcoin price breaks out to the upside.
Is Adhering To The FCAs New Consumer Duty Impossible Without The Help Of Technology?
Forbes - 4 Jun 2023 18:56
Reportedly one of the biggest-ever shake-ups of consumer finance in the UK will take place on July 31st. Customers are ready. Are financial service firms?
XRP Price Prediction Following Huge $2 Billion Capital Surge - Can XRP Reach $10 in 2023?
Crypto News - 4 Jun 2023 17:20
XRP, the digital asset associated with Ripple, has experienced a significant surge in the capital, with an influx of $2 billion. This notable increase in investment has sparked speculation about the potential price traje...
Take a look inside the McNeal Mansion, an abandoned 10,000-square-foot home from the 1800s that nature is reclaiming
Business Insider - 4 Jun 2023 14:34How Diamond Foundry Is Using Vrai To Elevate Lab-Grown Diamonds To True Luxury
Forbes - 4 Jun 2023 13:06
Diamond Foundry is expanding into the luxury jewelry market for lab-grown diamonds through its vertically-integrated business model and its DTC jewelry brand Vrai.
Student-loan borrowers are about to be thrown back into repayment, and the economy will suffer — especially if Biden's debt cancellation is struck down
Business Insider - 4 Jun 2023 12:30
The student-loan payment resumption will be "very bad for the macroeconomy" if borrowers are footing bills they can't afford, an expert told Insider.
The stock market's new normal is a future of neverending chaos
Business Insider - 4 Jun 2023 12:29Walt Disney's Pixar targets 'Lightyear' execs among 75 job cuts
New York Post - 4 Jun 2023 09:30
The cuts, which took place May 23, are part of Walt Disney Chief Executive Bob Iger's previously announced plan to eliminate 7,000 jobs and slash $5.5 billion in costs.
Coinbase Expands Futures Offering, Unveils 'Institutional-Sized' Bitcoin and Ether Contracts
Bitcoin.com - 4 Jun 2023 09:30
On June 1, Coinbase revealed its plans to extend bitcoin and ether futures contracts to institutional investors through its derivatives exchange. The firm mentioned that the Coinbase Bitcoin (BTI) and Ether (ETI) futures...
Fitch Maintains Negative Watch on US Rating Despite Debt Limit Resolution
Bitcoin.com - 4 Jun 2023 05:30
Although the U.S. has averted defaulting on its debt obligations, Fitch Ratings still has concerns about the country’s ability to repay its debt. As a result, the credit rating agency has placed the U.S. “AAA” rati...
A Ukrainian drone maker said they're building drones that can carry out surprise attacks to target Russia's 'very expensive' equipment
Business Insider - 4 Jun 2023 00:19
Ukrainian drone maker Valeriy Borovyk told CNN that his "very stealthy" drones have a range of 40 kilometers, or 25 miles.
: As China's airlines struggle to get back on their feet, a homegrown rival to Boeing and Airbus at last takes to the skies
Market Watch - 4 Jun 2023 23:49
The Comac C919, which is positioned to compete with Boeing's 737 Max and Airbus's A320, took its first commercial flight this week, from Shanghai to Beijing
Market Extra: Saudis to cut oil production by 1 million barrels a day in July as OPEC+ extends output deal
Market Watch - 4 Jun 2023 23:48
OPEC+ on Sunday says it will maintain production at current levels, while Saudi Arabia will cut output by an additional 1 million barrels a day in July.
Hollywood directors reach deal with studios, writers' strike continues
livemint.com - 4 Jun 2023 23:43
The union representing thousands of movie and television directors reached an agreement with Hollywood studios on a three-year contract early Sunday morning. The deal ensures labour peace with directors as the writers' s...