Business News
Police Arrests Two People Related to $243M Crypto Heist Targeting Genesis Creditor
Coin Desk - 19 Sep 2024 15:57
Two people have been arrested following an investigation into a $243 million heist of a creditor of defunct trading firm Genesis, according to blockchain sleuth ZachXBT.
Billionaire Guy Hands' property firm takes housing reforms to European court
The Guardian - 19 Sep 2024 12:03
Annington Property fears recent legislation will force it to offload some of the 38,000 freeholds it owns on UK military homes A property company founded by the billionaire Guy Hands has taken a legal fight with the UK g...
Fed starts rate-cutting cycle with a bang -- but wants it to be the only one
Market Watch - 19 Sep 2024 01:35Lawmaker Flags Concerns Over SEC's Crypto Approach
Bitcoin.com - 19 Sep 2024 00:30
Congressman French Hill has raised concerns over the U.S. Securities and Exchange Commission (SEC)’s handling of digital asset regulations, criticizing Chairman Gary Gensler’s leadership for creating legal uncertaint...
Jobless claims fall to lowest level since May
Market Watch - 19 Sep 2024 16:41The Fed's 50 basis point rate cut won't do anything to stop a recession, economist David Rosenberg says
Business Insider - 19 Sep 2024 16:37Read the memo 23andMe's cofounder sent to staff after the entire board quit
Business Insider - 19 Sep 2024 16:24
23andMe's entire board of directors resigned over cofounder and CEO Anne Wojcicki's ongoing plan to take it private.
U.S. leading-economic-indicators index drops for sixth straight month
Market Watch - 19 Sep 2024 16:14US Lawmakers Call for Clear SEC Rules on Digital Asset Airdrops
Bitcoin.com - 19 Sep 2024 03:30
Congressman Tom Emmer is pushing the U.S. Securities and Exchange Commission (SEC) to provide clear rules on digital asset airdrops, arguing that current regulatory uncertainty is stifling innovation and blocking America...
Bond market gets a Fed wake-up call after pricing in a recession
Market Watch - 19 Sep 2024 00:10Nearly 138K beds sold at Amazon and Walmart recalled after reports of them collapsing during use
New York Post - 19 Sep 2024 23:53
Nearly 138,000 platform beds sold at major retailers including Amazon and Walmart are being recalled across the US and Canada because they can collapse, posing fall and injury risks.
Online Passport Renewal and Digital Driver's Licenses: A Travel Docs Update
The New York Times - 19 Sep 2024 23:53
New options have arrived, for both U.S. passports and driver's licenses, that may give travelers more flexibility.
FedEx Cuts Full-Year Outlook After Posting Lower Profit, Revenue
Wall Street Journal - 19 Sep 2024 23:46Olive Garden Breadsticks Hitch a Ride With Uber in Delivery Deal
Wall Street Journal - 19 Sep 2024 23:35Bitcoin rally above short-term holder metric has traders calling for new BTC price highs
Coin Telegraph - 19 Sep 2024 23:30
Bitcoin's recent rally put its price above a key bull market metric. Are new highs inbound?
Traders brace for volatility as more than $5 trillion in options set to expire in latest 'triple witching'
Market Watch - 19 Sep 2024 23:30DeFi Lender Sky Ratifies Plan to Offboard Wrapped Bitcoin, Due to Sun Concerns
Coin Desk - 19 Sep 2024 23:29
The matter has been closely followed in crypto markets, since the Sky platform has $200 million of loans collateralized by the token, and since WBTC is one of the biggest cryptocurrencies, with nearly $10 billion outstan...
Nike is bringing back a long-time exec as CEO — and he could be what the sportswear brand needs
Business Insider - 19 Sep 2024 23:23
Nike says Elliott Hill will replace John Donahoe as CEO in October. Nike has struggled to turn around its business over the last year.
Buying prescription glasses: What to judge when shopping
Venture Beat - 19 Sep 2024 23:11
CONTRIBUTOR CONTENT: Buying glasses can be a big commitment. Even with the right deal and a great sale to keep the price down, you're still picking out what will essentially become a part of your face until your next pur...
Terraform Labs Gets Court Approval to Wind Down Operations in Bankruptcy
Bitcoin.com - 19 Sep 2024 23:10
Terraform Labs has received court approval to wind down operations in bankruptcy following a settlement with the U.S. Securities and Exchange Commission (SEC). The company had been at the center of a scandal that left cr...
Nike CEO calls it quits as sportswear giant's sales sink
New York Post - 19 Sep 2024 23:08
Nike is shaking up its top rank amid efforts to revive sales and battle rising competition.
Disney is ditching Slack after hackers gained access, and some employees aren't happy. Read the CFO's memo.
Business Insider - 19 Sep 2024 22:57
A hacking group said it gained access to Disney's Slack channels over the summer, which led to leaks. Now, Disney is transitioning away from Slack.