Business News
JPMorgan faces hurdles in bid to form private credit syndicate
American Banker - 9 Dec 2023 01:08
JPMorgan Chase is running into some pushback over fees and control as it aims to pull together a group of lenders to help fund private credit deals it originates, according to people with direct knowledge of the discussi...
US Senator Calls for Light Crypto Regulation That Doesn't Kill Innovation and Drive Companies Offshore
Bitcoin.com - 9 Dec 2023 04:30
A U.S. senator says Congress needs to regulate the crypto industry “with a light touch that doesn't kill innovation in the U.S.” Noting that crypto “has the potential to disrupt much of the traditional banking mode...
Lawrence G. McMillan: Resistance is expected but futile: Stocks are geared for a year-end rally
Market Watch - 9 Dec 2023 16:52
All bets are off if the S&P 500 closes below 4400.
Striking hotel workers reach a tentative deal with the Beverly Hilton
L.A. Times - 9 Dec 2023 04:09
The Beverly Hills hotel, longtime host of the Golden Globe Awards, is the sixth property to reach a deal with the hotel workers union.
Starbucks proposes restarting union talks, reaching labor deals in major reversal
New York Post - 9 Dec 2023 02:53
Workers United said the last bargaining session between the two sides was May 23.
Why Bill Ackman says Harvard needs to answer for antisemitism, but says Elon Musk's comments are OK
Business Insider - 9 Dec 2023 01:20Trump's NY fraud-trial defense is costing millions, and that's just the expert witnesses
Business Insider - 9 Dec 2023 01:05Jack Dorsey's Block Launches Bitkey: A New Self-Custody Bitcoin Wallet With No Seed Phrases
Bitcoin.com - 9 Dec 2023 20:30
Block, Inc. has recently introduced Bitkey, its innovative self-custody bitcoin wallet, offering a unique approach to bitcoin management. Unlike traditional wallets which rely on passwords or seed phrases, Bitkey utilize...
US oil production will keep booming in 2024, setting up a possible showdown with Saudi Arabia
Business Insider - 9 Dec 2023 15:46
US oil companies are boosting their budgets, and production forecasts indicate new record highs in output next year.
Robinhood Launches Crypto Trading in EU, Aims for Global Accessibility
Bitcoin.com - 9 Dec 2023 14:30
Financial services firm Robinhood has announced the launch of crypto trading in the European Union. “Like we did with the stock market, it's our goal to make crypto more accessible and affordable to everyone, regardles...
The vast majority of Americans support housing policies that are widely illegal
Business Insider - 9 Dec 2023 13:23Ukrainian tanks playing key role in defending Avdiivka against Russian assaults after taking a backseat in fighting
Business Insider - 9 Dec 2023 13:17A boomer moved from coastal Florida to a mobile home in a small Vermont town. She said she 'couldn't get out of Florida fast enough.'
Business Insider - 9 Dec 2023 13:03
A boomer recently left her house in coastal Florida for a $12,000 mobile home in northern Vermont, which she said was more welcoming but slightly more expensive.
The Bulk of Crypto Trading Volumes in Africa Are Generated by Institutional Traders -- Farzam Ehsani
Bitcoin.com - 9 Dec 2023 08:30
Farzam Ehsani, the founder and CEO of the South African crypto exchange Valr, has stated that institutional traders account for the bulk of the African continent’s crypto trading volumes. To support this point, Ehsani ...
Indian Government Confirms Commitment to Supporting Web3 Startups
Bitcoin.com - 9 Dec 2023 06:30
The Indian government has confirmed its commitment to supporting startups that are innovating in the Web3 sector in India. “Web3 represents the future of internet and the government is committed to ensuring that the in...
Banks face pressure to stop financing use of coal in steel production
American Banker - 9 Dec 2023 01:20
Five large U.S. banks are among 50 global financial institutions that climate activists are targeting as they push to end financing of metallurgical coal projects.
Senior OpenAI employees claimed Sam Altman was 'psychologically abusive': report
New York Post - 9 Dec 2023 00:39
The allegations by key staff members purportedly fueled concerns among OpenAI's board that Sam Altman had become unmanageable.
'Bachelor in Paradise' stars Kat and John Henry had the season's most unexpected love story
Business Insider - 9 Dec 2023 00:21Penn president Elizabeth Magill resigns after a week of intense backlash
Business Insider - 9 Dec 2023 23:35Texas AG Ken Paxton is using his power to tell Texas courts to halt an abortion for a pregnant woman diagnosed with a fetal anomaly
Business Insider - 9 Dec 2023 23:31
Ken Paxton, who is facing numerous legal troubles of his own, is going the extra mile to block an abortion for a 31-year-old mother of two.
Tether Freezes 41 Crypto Wallets Tied to Sanctions
Coin Desk - 9 Dec 2023 22:50Liz Cheney was 'amused' when she was disinvited from the 2020 White House holiday party after demanding Trump provide evidence of his election claims
Business Insider - 9 Dec 2023 22:30
Cheney in her new book wrote that she was bumped off the party list after she called on Trump to produce evidence backing up his 2020 election claims.