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Business News

Location American Business News for 10 August 2024
The IRS has announced tax relief measures and extended deadlines for residents and businesses in the South affected by Hurricane Debby.
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Grayscale Report: Liquidated Long Perpetual Positions Fueled ETH's Black Monday Flash Crash Ethereum’s Aug. 4 decline could have been fueled by the liquidation of a portion of long positions in perpetual futures, the Grayscale report concluded. The crypto asset’s decline was epitomized by its over 7% drop i...
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How JPMorgan's crackdown on private-equity recruiting could play out for junior bankers, PE firms, and more JPMorgan is asking junior bankers to disclose "future-dated employment" with private-equity firms. The ramifications may be felt across Wall Street.
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An Ohio man has pleaded guilty to tax fraud charges related to his involvement in a dentistry practice in the state.
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Logan Paul's Prime hit with $68M suit for flaking on a manufacturing deal Social media celebrity Logan Paul's popular Prime Hydration sports drink brand is being sued by the company's manufacturer Refresco Beverages US for a $68 million breach of contract.
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Elon Musk's battle with Mark Zuckerberg is looking like a lost cause Elon Musk hoped to outdo Mark Zuckerberg by turning X into a social media giant, but recent controversies surrounding the platform are not helping.
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It looks like Sam Altman is dropping hints about OpenAI's next big thing Strawberry aims to give OpenAI's tech autonomous internet navigation and deep research capabilities, according to a Reuters report.
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Harris campaign's crypto 'reset' questioned amid Fed crackdown Critics argue that the US Federal Reserve's actions are a significant overreach and could stifle innovation in the cryptocurrency sector.
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An Airbnb host had to ban crypto mining after guests racked up a $1,500 electric bill Airbnb host Ashley Class got a shockingly high utility bill, then looked back at footage that captured the guests hauling computers into the home.
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Peru Issues VASP Regulation, Strengthens AML/TF Requirements The Superintendence of Banking and Insurance (SBS) of Peru, has issued a resolution that forces VASPs to implement Know Your Customer (KYC) and anti-money laundering (AML) measures as part of a compliance plan. The resol...
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Economist Art Laffer Slams US Economic Policies, Warns of Dollar's Decline as Global Reserve Currency Economist Art Laffer, known for his work on supply-side economics, has expressed concerns over the future of the U.S. dollar in a recent interview. Laffer argues that current U.S. economic policies are leading to the dol...
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Wall Street is rallying for Kamala Harris -- but will bankers make the same mistake they made with Obama? Wall Street Democrats aren't wasting any time using the momentum trying to convince those moneymen and women still on the fence over the November election that Kamala Harris is a winner.
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Solana Gains Ground on Ethereum and Bitcoin in 2024

Bitcoin.com - 10 Aug 2024 21:30
Solana Gains Ground on Ethereum and Bitcoin in 2024 Over the past week, there’s been a buzz among market watchers about solana’s performance against BTC, especially when compared to ether. Since the year kicked off, ether has tumbled over 20% against the leading crypt...
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Like a Dragon: Yakuza, the upcoming Prime series, is inspired by the games -- but the cast and producer say they're making something fresh.
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Celsius sues Tether seeking $3.5B over Bitcoin collateral selloff The assets in question were evidently given to Tether as collateral.
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IRS Unveils Overhauled Crypto Tax Form With No Address Disclosure Requirements The U.S. Internal Revenue Service (IRS) has unveiled an updated Form 1099-DA for reporting digital asset transactions, introducing key changes that may address past criticism and privacy issues. This new version, reporte...
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Kamala Harris leads Trump in the critical swing states of Michigan, Pennsylvania, and Wisconsin, new poll says The latest New York Times/Siena College surveys show Vice President Harris with considerable advantages among suburban and young voters.
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My mother's will leaves everything to her 3 children. My brother died suddenly -- and his wife says she will receive her late husband's share 'Our spouses are not mentioned in her will and she was not a popular member of our family'
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A 37-year-old man, who has not been named, used a blunt object to make five engravings on a house in Pompeii, Italian media reported.
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'It Ends With Us' screenwriter on the potential for a sequel to the new Blake Lively movie Colleen Hoover wrote "It Starts With Us" in 2022 after she was "inundated with requests" from fans to continue Lily Bloom's story.
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CEO compensation at some of the largest companies was a whopping 268 times as much as their average worker last year Companies cut costs last year while raising consumer prices and paying their CEOs at least 268 times as much as their median workers.
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Spot Bitcoin and Ethereum ETFs Shed Millions in Friday Trading During Friday’s trading sessions, U.S. spot bitcoin and ethereum exchange-traded funds (ETFs) experienced significant outflows, with $89.73 million exiting the BTC ETFs and $15.71 million flowing out of the ETH ETFs. B...
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