Chobani billionaire Hamdi Ulukaya makes an economic case for big U.S. companies to hire refugees for blue- and white-collar jobs. Hamdi Ulukaya. the billionaire founder of yogurt company Chobani, has ...
Tag: Companies
Do Kwon is not in Singapore, according to police: Reuters
Singapore police said in a statement late Saturday that Terraform Labs founder Do Kwon, who is wanted by South Korean authorities, is not in the city-state, according to reporting by Reuters. Singapor...
Crypto companies are finally looking to buy insurance. But are the policies out there worthwhile?
There is a cliché in crypto that bear markets are a time to focus on building. A time, in other words, to eschew splashier work like fundraising and partnerships in favor of the quieter business of pr...
U.S. Stocks Poised for Mixed Open on Monday
Stocks were poised for a mixed open in New York on Monday ahead of the Federal Reserve’s monetary policy meeting. (Photo by ANGELA WEISS/AFP via Getty Images) AFP via Getty Images Text size U.S....
Goldman Sachs: Why European Natural Gas Could Fall by 50%
Illustration by Elias Stein Text size Here’s a challenge to the conventional wisdom, courtesy of Goldman Sachs : Europe has “solved” its winter natural-gas crisis, and prices could drop by half in the...
A $2,000 Bonus for Opening a New Bank Account? Here’s the Deal With It.
High-yield savings accounts are paying far more than they did last year. Alexey Poprugin/Dreamstime Text size High-yield savings accounts are now paying far more than they did last year — see the best...
ECB chooses 4 companies to prototype Digital Euro App
The European Central Bank or ECB has publicized it will be doing partnership with five firms for the growth of potential digital user terminals. On Friday, the ECB in its announcement has stated that ...
ECB Chooses Amazon and 4 Other Companies to Help Develop Digital Euro – Coinotizia
The European Central Bank (ECB) has selected five companies to help develop user interfaces for a digital euro. Each company will work with the ECB and focus on one specific use case of the digital eu...
Amazon among five companies to develop digital euro prototype for the ECB
The European Central Bank (ECB) announced the selection of five new partners to support the development of a digital euro prototype. Each of the companies will take on a different role in putting toge...
ECB Chooses Amazon and 4 Other Companies to Help Develop Digital Euro – Regulation Bitcoin News
The European Central Bank (ECB) has selected five companies to help develop user interfaces for a digital euro. Each company will work with the ECB and focus on one specific use case of the digital eu...
Calif. Pharmaceutical Companies AbbVie And Bristol Myers Lay Off 360—Here Are The Major U.S. Layoffs This Summer
California pharmaceutical companies AbbVie and Bristol Myers Squibb reportedly plan to cut 360 employees—becoming the latest U.S. companies to reassess their headcounts as employers fear the economy c...
Ferrari’s Family Car: 4 Seats, 1 Trunk—and 800 Horsepower
Illustration by Elias Stein Text size It took a while, but Ferrari has a family car, with four doors and four seats. The iconic Italian sports-car maker, famed for its black “prancing horse” logo, rec...
European Central Bank Choses Five Companies To Test Use Cases For The Digital Euro
The European Central Bank chose Amazon and other small number of corporations among 54 candidates to assist in the development of its CBDC prototype, the “Digital Euro.” On September 16, the European ...
Proof-of-Work Proponents Question Validator Censorship as 59% of Staked Ethereum Is Held by 4 Companies – Bitcoin News
Prior to The Merge, Ethereum used to have dozens upon dozens of mining pools dedicating hashrate toward the blockchain network. That has all changed and most of the miners transitioned or plan on tran...
Token management platform Magna closes $15 million funding round
Token management platform Magna raised $15.2 million at a $70 million evaluation. The funding round was led by venture capital firms Tiger Global and Tusk Ventures, CoinDesk first reported. Shima Capi...
Thailand SEC Decides To Ban Crypto Companies Offering Staking And Lending Services
Thailand’s Securities and Exchange Commission (SEC) has recently decided to ban crypto companies from offering staking and lending services. The primary reason behind doing so was to safeguard traders...
DOJ is changing the way it prosecutes companies, and it could put more executives in jail
The crest of the United States Department of Justice (DOJ) is seen at their headquarters in Washington, D.C., U.S., May 10, 2021. Andrew Kelly | Reuters Significant changes are coming to the ways fede...
Global shipping companies now want to fly their goods too
French company CMA CGM launched its air cargo division in March 2021. Urbanandsport | Nurphoto | Getty Images Ocean freight companies are adding air cargo to their businesses as shippers look for a ...
Cash Is No Longer Trash. T-Bill Yields Near 4%.
Text size After years of yielding near zero, cash is suddenly a better investment. Eva Hambach/AFP via Getty Images Cash is no longer trash. For the first time in 15 years, investors can get nearly 4%...
Schwab, Citadel Securities, Fidelity and several other Wall Street companies began Crypto Exchange, EDX Market
Three financial market Giants declared to begin the cryptocurrency exchange EDX market. Global financial Giants Charles Schwab(SCHW), Fidelity Assets and Citadel Securities announced to begin th...
Musk’s $44 billion buyout of Twitter accepted by shareholders ahead of trial
Twitter Inc, shareholders voted to approve a proposed $44 billion buyout of the company by billionaire Elon Musk, Bloomberg reported. A preliminary vote held Tuesday saw a majority of shareholders sup...
Seagate Warns Disk Drive Demand Continues to Erode
Text size Seagate has been hurt by weakening demand for its disk drives in China, among other places. Dreamstime Seagate Technology continues to see weakening demand across the disk-drive business, CE...
Fidelity to offer bitcoin trading to retail customers: Reports
Fidelity Investments plans to launch bitcoin trading for retail customers on its brokerage platform, according to a report from the Wall Street Journal. The trillion-dollar asset manager will make it...
Tesla Talks About a Lower-Priced Car. When It’s Coming.
Text size If it wasn’t for lousy inflation data, Tesla bulls might be feeling very happy with the company. Getty Images Tesla stock is down with the rest of the market on a bad day for stocks. T...
Opinion: Any one of these 15 money-losing companies could become the stock market’s biggest ‘unicorn’ failure ever
David Rush holds a Guinness world record for cramming 100 candles into his mouth and lighting them. Sandeep Singh Kaila spun a basketball on a toothbrush for a record 1 minute and 8.15 seconds. Nevill...