Business News
BlackRock Revises Spot Bitcoin ETF Proposal Ahead of Rumored SEC Approvals
Coin Desk - 19 Dec 2023 06:31
Black Rock's ETF proposal now includes cash redemptions, a concession to the SEC that may improve the fund's approval odds.
Monsanto Should Pay $857 Million in PCB Case, Jury Finds
The New York Times - 19 Dec 2023 04:53
Students and parent volunteers from a school in Washington State said in a lawsuit that they had become sick after being exposed to chemicals known as PCBs that had dripped from light fixtures.
Tesla to give 10% pay raises to hourly workers at its Nevada gigafactory: report
Market Watch - 19 Dec 2023 04:41Indonesia Presidential Candidate Pledges to Foster Blockchain and Crypto Expertise in the Country
Crypto News - 19 Dec 2023 18:25
Image Source: Pixabay Gibran Rakabuming Raka, a vice presidential candidate in the upcoming Indonesian election, aims to accelerate Indonesia’s position as a leader in the digital revolution by cultivating expertise in...
Hedge fund manager takes up the 'ten surprise' mantle. His call: Apple stock will slump, S&P will sputter and oil will surge
Market Watch - 19 Dec 2023 15:59December passenger demand strongest since pandemic
livemint.com - 19 Dec 2023 15:41
However, escalating airfares, driven by high jet fuel costs, may dampen travel demand, going ahead
Nvidia workers warned CEO Jensen Huang that AI might be harmful to minorities. One was so dissatisfied with his response that she quit shortly after.
Business Insider - 19 Dec 2023 15:12How the Suez Canal Attacks Could Upend Global Trade
The New York Times - 19 Dec 2023 14:44
Shipping rates have soared and energy prices remain volatile as vessels are redirected away from the vital commerce route.
The top 1% of Americans aren't to blame for income inequality
Market Watch - 19 Dec 2023 14:18A New York politician wants Chick-fi-A open seven days week
Business Insider - 19 Dec 2023 13:03
New York lawmaker proposes legislation requiring all rest stop restaurants to be open seven days a week, potentially impacting nine Chick-fil-A locations.
Survey: 4 in 5 Institutional Investors Agree Crypto Has Important Role in Global Financial Industry
Bitcoin.com - 19 Dec 2023 06:00
An institutional investor survey conducted by digital asset bank Sygnum indicates a shift from skepticism to advocacy, “with over 80% now agreeing that crypto has an important role to play in the global financial indus...
Navy Federal faces lawsuit, allegations of racial bias in mortgage lending
American Banker - 19 Dec 2023 03:06
The lawsuit accuses Navy Federal of violating the Fair Housing Act and the Equal Credit Opportunity Act after a report from CNN found that the lender approved a lower percentage of Black and Latino mortgage applicants.
How Fed rate moves could impact different sectors of the stock market in 2024
Market Watch - 19 Dec 2023 02:50Comcast's Xfinity warns customer information 'likely acquired' in hacking incident
New York Post - 19 Dec 2023 02:19
The unauthorized access led to customer information that was "likely acquired," including usernames, hashed passwords, contact details and last four digits of social security numbers, the company said.
Banks' office loans: 44% said to be underwater amid soaring vacancies
American Banker - 19 Dec 2023 01:52
Remote work trends and high interest rates have substantially reduced the values of U.S. office buildings. A new academic paper estimates the extent of the deterioration, suggesting that there is perhaps more stress ahea...
Trump judge slams credibility of paid expert in fraud case, suggests fee influenced testimony
CNBC - 19 Dec 2023 01:50
The expert defense witness, NYU Professor Eli Bartov, told CNBC that his nearly $900,000 payment played no role in his assessment of Trump's financial records.
Mysterious 2015 Whale Transfers 2,101 BTC, Stirring $88M in Bitcoin
Bitcoin.com - 19 Dec 2023 01:00
On Dec. 18, 2023, a colossal cache of dormant bitcoins stirred after remaining inactive for eight years and ten months. The whale transferred 2,101 bitcoins, originating from 2015, now valued at $88.55 million, utilizing...
Watch the yen as Bank of Japan decides whether to signal exit from negative interest rates
Market Watch - 19 Dec 2023 00:33Cipher Mining Enhances Bitcoin ASIC Fleet With 7.1 EH/s Bitmain Deal
Bitcoin.com - 19 Dec 2023 00:00
On Monday, Cipher Mining revealed its acquisition of 7.1 exahash per second (EH/s) in new mining equipment from Bitmain. The company invested in Bitmain’s T21 series miners, totaling a purchase price of $99.5 million. ...
Can you still buy an Apple Watch 9? Here's what to know.
Market Watch - 19 Dec 2023 23:56FedEx shares tumble after weaker demand hits revenue outlook
CNBC - 19 Dec 2023 23:54
It's the second consecutive quarter FedEx has lowered its sales guidance.