Business News
Daily Cartoon: Tuesday, July 4th
The New Yorker - 4 Jul 2023 12:00
"Oh, my God, Janice--it's happening again."
JPMorgan Chase's chief marketing officer says her team thinks about the real people behind the data
Business Insider - 4 Jul 2023 00:58Fears for Libyan oil production amid military threats
The Guardian - 4 Jul 2023 15:33
Gen Khalifa Haftar warned of military action unless oil revenues are divided fairly Fears have been raised of a damaging oil shutdown in Libya with implications for global energy markets after Libya's strongman in the ea...
Amazon miniTV to premiere international shows dubbed in Hindi
livemint.com - 4 Jul 2023 08:33
Spanning genres such as romance, drama, thriller and others, the "miniTV Imported" vertical will stream global shows every month ranging from Korean, Turkish, Mandarin and Spanish dramas.
Bitcoin ETFs: Even worse for crypto than central exchanges
Coin Telegraph - 4 Jul 2023 18:06
Want some worthless "paper" Bitcoin? With the rise of Bitcoin ETFs, you might soon have the chance to invest in something as worthless as the U.S. dollar.
The biggest delusion money can buy? The Musk v Zuckerberg cage match | Zoe Williams
The Guardian - 4 Jul 2023 12:00
The two tech titans are squaring up for a fight that will demonstrate the sheer silliness of extreme wealth It enrages me that I do, but I know where Mark Zuckerberg placed in his first Brazilian jiu-jitsu tournament, an...
Meta's Twitter Rival Threads Will Launch Thursday As Chaos Continues On Elon Musk's Platform
Forbes - 4 Jul 2023 12:20
An Apple App Store listing suggests Threads users will be able to use their Instagram handles and easily port followers over.
Terra Luna Classic Price Prediction as LUNC Reaches $500 Million Market Capitalization - Time to Buy?
Crypto News - 4 Jul 2023 19:47
Terra Luna Classic (LUNC) coin has recently garnered attention in the cryptocurrency market as it reached a market capitalization of $500 million. This achievement has sparked speculation among investors about the coin's...
Microsoft has AI built into its products, and customers are using it to save money and time
Business Insider - 4 Jul 2023 16:10Gemini's Cameron Winklevoss Tweets $1.5B 'Final Offer' in Debt Talks Over Crypto Firm Genesis
Coin Desk - 4 Jul 2023 03:59
Creditors of the crypto financial firm Genesis call for $1.5 billion of forbearance payments and loans denominated in dollars, bitcoin and ether, according to a term sheet posted on Twitter by the Gemini co-founder.
China's Anti-Espionage Law Raises Foreign Business Risk
Forbes - 4 Jul 2023 02:21
Revisions to the law allow China significant leeway to investigate and prosecute foreign corporations, raising fears among U.S. and foreign businesses.
: Los Angeles hotel workers strike: Companies, union remain far apart
Market Watch - 4 Jul 2023 01:25
L.A. hotel workers seeking higher wages and better benefits struck for a second day, with no end in sight.
Cryptocurrency in China: Central Bank Shake-Up Dims Hopes for Policy Reversal
Crypto News - 4 Jul 2023 20:00
Hopes that China's anti-crypto stance could soon change have been crushed by the appointment of a known crypto-critic as the Communist Party's top official at the People's Bank of China (PBoC). According to a recent Wall...
Bitcoin and Cryptos Rally, Unfazed by BlackRock ETF Worries
Crypto News - 4 Jul 2023 15:18
Bitcoin (BTC) and the broader crypto market held on to their recent gains on Tuesday, with Bitcoin appearing to hold support above the $31,000 level. As of Tuesday at press time, BTC traded just north of $31,000, up 1.2%...
Thames Water fined £3.3m for pumping sewage into rivers
The Guardian - 4 Jul 2023 15:14
Judge says firm tried to mislead regulator over incident involving millions of litres of undiluted waste polluting water near Gatwick Thames Water has been fined £3.3m for a "reckless" incident in which millions of litr...
Voyager Creditors Charged $5.1 Million for Legal Services Between March-May
Crypto News - 4 Jul 2023 15:11
A crypto platform Voyager filed for bankruptcy a year ago, in July 2022, due to substantial losses caused by the bear market and the collapse of the Terra blockchain. In the aftermath, the company's creditors requested t...
Fintech Giant Revolut to Cease Offering Solana, Cardano, Polygon Tokens in the U.S.
Crypto News - 4 Jul 2023 15:00
Revolut, a prominent UK-based fintech app, has announced that it will halt the offering of Solana (SOL), Cardano (ADA), and Polygon (MATIC) tokens for customers in the United States. This decision comes after Revolut's p...
Higher-for-Longer Rates Are a Debt Threat. Investors Don't Want to Hear It Yet.
Wall Street Journal - 4 Jul 2023 14:33
A lull in bond maturities until 2025 is making markets slow to price in risks in corporate debt, but the crisis at Britain's Thames Water shows that some of them lurk in unexpected places.
Thug Life Token Presale Surges to $300K as Investors Rush in Ahead of July 17 Deadline - Next 100x Meme Coin?
Crypto News - 4 Jul 2023 14:21
Tuesday, 4th July - Despite only launching a few days ago, brand new meme coin project Thug Life Token has already been able to raise a whopping more than $300,000 via the presale of its $THUG token. The project has been...
Nobel laureate Paul Krugman cites the 'misery index' as proof of the US's economic strength
Business Insider - 4 Jul 2023 14:08Voyager Creditors Billed $5.1M for March-May by Law Firm
Coin Desk - 4 Jul 2023 07:52
Latest bill brings total compensation bills to $16.4 million for bankruptcy and restructuring firm.
First Mover Asia: Bitcoin Crosses $31K After Spot BTC ETF Issuers Begin Refiling
Coin Desk - 4 Jul 2023 03:52
PLUS: The first half of 2023 has so far been very promising for crypto majors.