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Location American Business News for 8 June 2024
As Europe's carbon tax hovers closer, India pushes steelmakers to go green in a hurry With just six months left for the European Union's carbon tax on steel and other imports to kick in, India is asking the country's steel producers to adopt carbon-capture technologies and replace coal with green hydrogen...
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South African Police Nab Alleged Mastermind of Metaverse Ponzi Scheme Neil Leon De Waal, a key figure in the GS Partners metaverse fraud case, was reportedly arrested by South African law enforcement in late May. He was subsequently released on bail on June 3. Authorities began investigati...
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Personal-Finance Books to Put on Your Summer Reading List

Wall Street Journal - 8 Jun 2024 16:00
Looking for great reads to make you richer in knowledge (and perhaps wealth)? Here are recommendations from financial planners.
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The Finals moves on to Season 3 on June 13

Venture Beat - 8 Jun 2024 00:25
Embark Studios unveiled Season 3 of The Finals, the free-to-play team-based multiplayer shooter, will debut on June 13.
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Economic Data Paint a Picture of Two Americas

Wall Street Journal - 8 Jun 2024 11:30
A growing disconnect between the fortunes of upper- and lower-income Americans could account for some of the crossed signals in the U.S. economy.
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Canadian Auto Parts Billionaire Faces Sexual Assault Charges

The New York Times - 8 Jun 2024 05:51
Canadian Auto Parts Billionaire Faces Sexual Assault Charges A police force outside Toronto said that charges against Frank Stronach, 91, relate to episodes from as long ago as the 1980s and as recent as last year.
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EA launches Skate console play test this fall

Venture Beat - 8 Jun 2024 00:53
At Summer Games Fest, EA announced a console play test for Skate and sparked players' rebellious instincts against the villainous M-Corp.
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Russia is doubling down on its de-dollarization efforts as Putin calls to reduce use of 'toxic' currencies Russia's use of "toxic" currencies has been slashed in half over the past year, Putin said.
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Mark Cuban explains how he helped turn 300 of his employees into millionaires Billionaire Mark Cuban pays out bonuses to loyal employees every time he sells a company.
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Central Banks Boost Gold Reserves by 33 Tonnes in April Global gold reserves rose by 33 tonnes in April, according to the World Gold Council. The Central Bank of Turkey was at the forefront, increasing its holdings by 8 tonnes. This addition marks 11 consecutive months of pur...
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Crypto market tumble seen as quick shakeout, traders expect 'bullish' rebound Cryptocurrency traders believe that the recent market downturn is just a "shakeout" and there is a "bullish continuation" on the horizon.
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70% of Korean Crypto Exchanges Fail to Repay Customers After Closure, Regulator Says A joint research effort by Korean regulators -- the Financial Supervisory Service (FSS) and Korea Financial Intelligence Unit (FIU) -- has revealed that seven out of 10 cryptocurrency exchanges in South Korea failed to f...
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New York Cracks Down on Crypto Pyramid Schemes Targeting Immigrants New York Attorney General Letitia James has sued Novatechfx, AWS Mining, and their founders for orchestrating crypto pyramid schemes that defrauded over 11,000 New Yorkers out of more than a billion dollars in cryptocurr...
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CrowdStrike, KKR and GoDaddy to join S&P 500

Market Watch - 8 Jun 2024 00:14
CrowdStrike, KKR and GoDaddy to join S&P 500 Cybersecurity company CrowdStrike Holdings Inc., private-equity giant KKR & Co. Inc. and web host GoDaddy Inc. are set to join the S&P 500 index at market open on June 24.
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The Edmonton Oilers and Florida Panthers kick off the Stanley Cup finals tonight. We'll show you how to live stream Game 1 from home.
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Ripple CEO Expects SEC to Approve Spot XRP ETF Next Year Ripple CEO Brad Garlinghouse believes that the U.S. Securities and Exchange Commission (SEC) will approve spot XRP ETFs next year, reiterating that they are inevitable. The executive discussed cryptocurrency regulations ...
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Bitmex Founder Arthur Hayes Advises to 'Go Long on Bitcoin' as G7 Central Banks May Slash Rates Arthur Hayes, the founder and former CEO of Bitmex, recently shared his insights on the future of global financial markets in a blog post. Hayes delves into the impact of central bank policies on the global economy, emph...
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Roaring Kitty's GME shares hit $1B, BTC open interest soars, and other news: Hodler's Digest, June 2-8 GameStop trader Roaring Kitty sees his GME stake rise to $1 billion, Bitcoin open interest spikes and new U.S. laws target digital assets.
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Gaza's unemployment is nearing 80% as one disaster compounds another, UN says The situation in Gaza is increasingly bleak as unemployment nears 80%, and children are forced to find food for their families, the UN reported.
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The final part of the Triple Crown, the Belmont Stakes, is here. We'll show you everything you need to know about it, including how to watch it live.
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Allegations of 'Rug Pull' Arise After Gemholic Team Withdraws $3.5M in Previously Locked ETH On June 7, the team behind the Zksync project Gemholic withdrew 921 previously locked ethereum tokens in a suspected rug-pulling incident. The Gemholic team executed the theft despite reportedly completing the blockchain...
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Biden easily won Virginia in the 2020 presidential election. But things look a lot different this year. A new Fox News survey of Virginia voters showed Biden and Trump tied with 48% support, a development that could have major campaign implications.
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