Business News
A Student Journalist Explains the Protests at Yale
The New Yorker - 25 Apr 2024 03:00
The editor-in-chief and president of the Yale Daily News reports on the arrest of fellow-students on campus this week.
'It will change nothing': Venice residents protest against tourism entrance fee - video
The Guardian - 25 Apr 2024 17:08
Authorities in Venice have been accused of transforming the famous lagoon city into a 'theme park' as a long-mooted entrance fee for day trippers comes into force. Venice is the first major city in the world to enact suc...
Digital Euro Not Expected to Debut Until 2028 or 2029: German Central Bank President
Crypto News - 25 Apr 2024 11:32
The digital euro will likely not launch until 2028 or 2029, Germany's central bank president, Dr. Joachim Nagel, said on Wednesday. The post Digital Euro Not Expected to Debut Until 2028 or 2029: German Central Bank Pres...
Algorand's Price Becomes Top Performer as Excitement Builds Around New Meme Coin with $15 Million Raise
Crypto News - 25 Apr 2024 18:46
So-called Ethereum killer and blockchain Layer 1 token Algorand (ALGO) is one of the better-performing tokens this week. The price of the ALGO token has appreciated 16% in the last seven days, according to CoinGecko, far...
Digital Video Ad Spend Will Exceed Linear for the First Time
AdWeek - 25 Apr 2024 14:30
When it comes to video ad sales, marketers don't need a linear path to success. According to the Interactive Advertising Bureau's newly released 2024 Digital Video Ad Spend & Strategy Report, it's going to be a big year ...
McKinsey Is Under Criminal Investigation for Its Opioid Work
The New York Times - 25 Apr 2024 01:23
Federal prosecutors are examining the consulting company's role in helping "turbocharge" the sale of painkillers like OxyContin.
ByteDance promised to sue if the U.S. bans TikTok. Legal experts weigh in on what it means for users
Fast Company - 25 Apr 2024 14:12
In the event of a lawsuit, the U.S. government would likely argue national security issues. Legislation forcing TikTok’s parent company to sell the video-sharing platform or face a ban in the U.S. received President Jo...
S&P Global Report: New Legislation Could 'Boost' US Stablecoin Landscape
Bitcoin.com - 25 Apr 2024 05:31
According to a report from S&P Global Ratings, the introduction of the Lummis-Gillibrand Payment Stablecoin Act on April 17, 2024, promises to significantly reshape the U.S. stablecoin market. Authored by Mohamed Damak a...
Meta loses $200 billion in value as Zuckerberg focuses earnings call on all the ways company bleeds cash
CNBC - 25 Apr 2024 02:36
Meta CEO Mark Zuckerberg spooked investors on the company's quarterly earnings call Wednesday.
Boston Beer reports a surprise profit as Twisted Tea shipments keep growing
Market Watch - 25 Apr 2024 23:17Supreme Court justices dance around question of whether Trump could pardon himself if he wins reelection
Business Insider - 25 Apr 2024 22:11I went on my first cruise — here are 15 things that surprised me the most about this type of travel
Business Insider - 25 Apr 2024 17:37
From room size to food quality, BI's reporter noticed many surprising things on board her first cruise on Royal Caribbean's Wonder of the Seas.
A teen whose dad cofounded Slack and mom cofounded Flickr is missing somewhere around San Francisco
Business Insider - 25 Apr 2024 15:52The US economy started the year much slower than expected
Business Insider - 25 Apr 2024 14:38New EPA Emissions Rules Squeeze Coal Plants
Wall Street Journal - 25 Apr 2024 11:00Tesla Maintains Bitcoin Holdings -- Balance Sheet Shows $184 Million in Digital Assets
Bitcoin.com - 25 Apr 2024 01:17
Elon Musk’s electric car company, Tesla, has maintained its bitcoin holdings. The company’s Q1 balance sheet shows net digital assets of $184 million. According to crypto analytics firm Arkham, Tesla continues to hol...
Twilio founder Jeff Lawson appears to have just bought The Onion
Business Insider - 25 Apr 2024 21:38
The Onion has been sold to Global Tetrahedron, a company connected to Lawson — and a long-running Onion gag.
Banks don't talk about the energy AI guzzles. Here's why they should.
American Banker - 25 Apr 2024 20:52
Artificial intelligence models are energy hogs. Climate First Bank and UBS are among the very few trying to solve this problem.
Housing supply surges by up to 50% in these metro areas -- and many sellers are being forced to slash their asking prices
Market Watch - 25 Apr 2024 20:44US economy cools as GDP growth hits lowest level since 2022 , inflation remains sticky to send Dow spiraling
New York Post - 25 Apr 2024 19:41
Fresh data released Thursday morning showed that he US economy's growth slowed to 1.6% in the first three months of 2024, sending markets into a tailspin.
'Epic Satoshi' From Bitcoin's 4th Halving Fetches Over $2.13 Million at Coinex Auction
Bitcoin.com - 25 Apr 2024 18:09
The renowned ‘epic satoshi’ from the fourth halving block, also known as Sat # 1,968,750,000,000,000, fetched a price of 33.3 bitcoins, valued at just over $2.13 million on Thursday afternoon Eastern Standard Time. T...
Meta plunges nearly 15% after Mark Zuckerberg's firm forecasts higher expenses from 'aggressively' investing in AI
New York Post - 25 Apr 2024 17:51
Meta plunged nearly 15% Thursday after the Facebook-parent forecast higher expenses over its plans to “invest aggressively” in artificial intelligence. The Mark Zuckerberg-led tech giant’s stock was down 13.5%, at ...