Business News
Bitcoin 'short squeeze' sends BTC price to $35.9K as OI stays elevated
Coin Telegraph - 8 Nov 2023 08:54
More than $15 billion in Bitcoin open interest reaches a predictable conclusion as shorts get squeezed and BTC price action targets $36,000.
Trump Blames McConnell's 'Stench' After Trump-Endorsed Kentucky Candidate Loses
Forbes - 8 Nov 2023 23:36
Former President Donald Trump lashed out against Senate Minority Leader Mitch McConnell (R-Ky.) on Wednesday, blaming the GOP stalwart for Trump-endorsed candidate Daniel Cameron's loss in the hotly contested Kentucky gu...
Meta Bans Political Ads From Using Its Generative AI--And Requires Disclosures For Other Fake Images
Forbes - 8 Nov 2023 16:57
One Meta executive previously said that the use of generative AI in political advertising was "clearly an area where we need to update our rules."
Convicted Sam Bankman-Fried's Legal Battles Rage On Amidst SEC, CFTC Charges, and Class Action Fury
Bitcoin.com - 8 Nov 2023 01:30
Sam Bankman-Fried was convicted on all charges in the Department of Justice's fraud case against the ex-FTX chief, but his legal woes are far from over. He is also under pressure from the U.S. Securities and Exchange Com...
Christie's sells rare blue diamond for over $40m
BBC - 8 Nov 2023 00:31
The 17.61 carat, pear-shaped "Blue Royal" diamond, set in a ring, fetched $43.8 million, reports said
: Americans' support for legalizing cannabis edges up to 70% and Ohio voters OK pot referendum, as cannabis stocks rise
Market Watch - 8 Nov 2023 18:12
Trulieve, Verano, Green Thumb Industries and Cresco Labs all posted solid gains.
Earnings Results: Under Armour posts better-than-expected earnings, but no longer expects revenue to grow this year
Market Watch - 8 Nov 2023 17:57
The company said it's seeing softness in its wholesale future-orders book.
Las Vegas Unions Report Tentative Accord With Caesars as Strike Looms
The New York Times - 8 Nov 2023 16:53
The agreement was announced two days before a strike deadline set by the culinary workers union. The walkout threat still hangs over other resorts.
Lloyds of London to invest £40m over 'significant' slavery links
BBC - 8 Nov 2023 16:39
A report showed the City firm played a "significant role" in enabling the transatlantic slave trade.
Jeff Zucker says his company would consider buying CNN: 'Fantastic asset'
New York Post - 8 Nov 2023 15:55
"Some day if it were available, like any other great asset, we would look at it," Zucker, who spent nearly a decade at CNN after rising the corporate ranks at NBC, said.
It's never been this easy to build a $1 billion AI company
Business Insider - 8 Nov 2023 15:11Ivanka Trump to testify in $250 million fraud trial after ex-president's angry appearance
CNBC - 8 Nov 2023 15:00
Ivanka is the latest Trump to testify as part of James' case accusing Trump Sr., his adult sons and others of fraudulently inflating asset values.
Target's Education Assistance Program Is Great Engagement For Associates
Forbes - 8 Nov 2023 13:45
Target launched its "Dream to Be" education program to great success.
Financial Giant Fidelity Addresses 9 Common Bitcoin Criticisms and Misconceptions
Bitcoin.com - 8 Nov 2023 03:30
Financial services giant Fidelity has addressed nine common Bitcoin criticisms and misconceptions, emphasizing that some of them are “either unfounded or unlikely to be a serious concern.” They include volatility, su...
: Virgin Galactic to cut staff to focus on lower-cost Delta spacecraft
Market Watch - 8 Nov 2023 02:55
Commercial space-flight operator Virgin Galactic Holdings Inc. on Tuesday said it would cut staff in an effort to focus on developing its new class of Delta spacecraft that are expected to cost less and bring more profit...
Toys: Parents to buy late and give early this Christmas
BBC - 8 Nov 2023 02:02
Pressure on family budgets could mean a late rush for Christmas gifts - but toy shops are back in favour.
Amazon Business is a model tailored for entrepreneurs and companies
Business Insider - 8 Nov 2023 01:13
Amazon Business isn't just Amazon repackaged. Learn what sets it apart and if it's the right platform for your business needs.
Goldman Moves to Offload GM Credit Card
Wall Street Journal - 8 Nov 2023 00:44
Bank informed employees Tuesday of a process to find a new issuer as it retreats from consumer lending
Detroit Synagogue Leader Samantha Woll Killing Suspect Arrested
Forbes - 8 Nov 2023 23:56
The suspect in Detroit synagogue president Samantha Woll's murder last month has been arrested, and police reportedly believe the suspect was motivated by a domestic dispute.
FreshDirect sold to delivery food rival Getir
New York Post - 8 Nov 2023 23:56
FreshDirect was scooped up by rival Getir as the industry continues to consolidate following its pandemic boom, the companies announced.
Voters are still angry about Roe v. Wade reversal, and they showed it in Ohio
Business Insider - 8 Nov 2023 23:56
Election results in key states signaled voters' support for reproductive rights and shifted more power to Democrats in three conservative states.
Rocket Lab pushes to get launch business back on track, with 22 Electron missions booked next year
CNBC - 8 Nov 2023 23:55
Rocket Lab's launch business saw $21.3 million in revenue in the third quarter, with a mid-September mission failure halting the company's momentum.