Bakkt Holdings Inc. announced Monday that it will solely focus on business-to-business technology solutions and discontinue its consumer application. The company stated that the app will officially be...
Tag: Plans
AXSM Stock Topples As Teva Plans Its Depression Drug Knockoff
Teva Pharmaceutical (TEVA) said Monday it plans a competing knockoff of Axsome Therapeutics‘ (AXSM) new depression treatment, leading AXSM stock to tumble. X Axsome only just gained Food and Dru...
Wall Street Trading Desks Map Out Game Plans for CPI Scenarios
(Bloomberg) — For months now, an uneasy truce has prevailed between the Federal Reserve and stock investors. As inflation cooled, Chairman Jerome Powell kept mostly quiet about a $5 trillion equ...
Axsome’s stock falls after disclosing Teva’s plans to market generic Auvelity
Shares of Axsome Therapeutics Inc. AXSM, +0.49% tumbled about 10.0% in premarket trading on Monday after the company said in a securities filing that Teva Pharmaceutical Industries Ltd. TEVA, +0.34% i...
Why The SEC Plans To File Lawsuit Vs. Stablecoin Issuer
Paxos Trust Company is on the hit list of the US Securities and Exchange Commission, who is out to slap the financial institution and technology company specializing in blockchain with a court case fo...
Kazakhstan plans to reduce tax fraud and unlawful business operations
Kazakhstan, which is one of the main centres for Bitcoin (BTC) mining in the world, has revealed intentions to establish new crypto legislation in order to cut down on tax fraud and illegal business a...
Meliá Hotels International Plans Big 2023 Luxury Expansion
Villa Agrippina Gran Meliá in Rome Meliá Hotels International Meliá International is spreading its wings beyond its typical Spanish, Latin American and Caribbean roots to tap into the luxury market. W...
Rich Dad Poor Dad’s Robert Kiyosaki Warns ‘Everything Will Crash’ — Plans to Buy More Bitcoin – Markets and Prices Bitcoin News
The famous author of the best-selling book Rich Dad Poor Dad, Robert Kiyosaki, has warned that “everything will crash,” including gold, silver, and bitcoin. However, he sees crashes as buying opportun...
Bitcoin Miner CleanSpark Plans to Continue Pursuing Acquisitions Amid Bear Market
Bradford noted the move doesn’t necessarily mean the company will issue any of the authorized shares, but it will give the company the option to use equity, if needed, to reach its targeted grow...
Paypal Puts Stablecoin Plans on Hold as US Regulators Crack Down on Crypto Industry – Bitcoin News
During the first week of 2023, payment service giant Paypal said it was exploring the launch of a stablecoin. At the time, an executive at Paypal stated that if the company moved forward, it would wor...
Know details about Genesis Plans with DCG
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Ford Plans to Build EV Battery Plant in Michigan With Chinese Partner
(Bloomberg) — Ford Motor Co. and Contemporary Amperex Technology Co. Ltd. plan to build a battery plant in Michigan, according to people familiar with the matter, capping a monthslong search tha...
Brock Purdy Injury Update And Impact On San Francisco 49ers Offseason Plans
Brock Purdy’s offseason elbow surgery will have wide-ranging ramifications on the San Francisco … [+] 49ers’ quarterback plans. (AP Photo/Tony Avelar, File) Copyright 2022 The Associ...
WazirX Declares The Allegations From Binance “False And Misleading,” And Plans To Take Legal Action
Join Our Telegram channel to stay up to date on breaking news coverage According to a Tuesday blog post by WazirX, an Indian cryptocurrency exchange, “accusations made by Binance on their blog are unt...
Disney Plans to Reinstate Its Dividend and Cut 7,000 Jobs. Nelson Peltz Declares Victory.
Walt Disney stock jumped after the entertainment company topped earnings expectations, while also announcing it was planning to cut jobs and reinstate its its dividend. Disney (ticker: DIS) reported n...
Brent Oil Jumps Above $86 After Russia Says It Plans Output Cut
(Bloomberg) — Oil jumped after Russia said it plans to cut March production by 500,000 barrels a day. Most Read from Bloomberg Brent crude climbed as much as 2.6% in London to trade above $86 a ...
PayPal CEO Dan Schulman plans his exit as earnings return to growth
Only one thing was missing from PayPal Holdings Inc.’s packed fourth-quarter earnings report, which brought upbeat profit performance, a new user metric and the announcement of Chief Executive Dan Sch...
Robinhood Plans To Buy Back Shares From SBF, Negotiations Underway
Shares shoot up as Robinhood plans to buy back $55M worth of shares from SBF. BlockFi and SBF claim the shares as well. Robinhood argues with the release of Robinhood Wallet to own the share back. The...
Russia Likely To Delay Its Digital Ruble Plans, Here’s Why
Gazprombank, a bank among 15 Russian banks participating in the Digital Ruble central bank digital currency (CBDC) tests, stated the launch of the Digital Ruble should be done gradually. The bank beli...
Disney CEO Bob Iger puts turnaround plans in place after a solid quarter
Disney (DIS) reported a stronger-than-expected fiscal 2023 first quarter after the closing bell Wednesday, and Bob Iger struck the right tone on his first conference call since returning as CEO, prior...
Aptos Plans Network Upgrade, ‘More Clarity’ Around Token Distribution
In many ways, the crypto bear market adage about building has been ideal for Aptos. It took focus off the blockchain’s tokenomics, which drew a lot of criticism for being unveiled the day after its ma...
NFL Could UpEnd Diamond Sports Group Chapter 11 Bankruptcy Plans
Photo by Rob Carr/Getty Images. Getty Images As the nation’s largest owner of regional sports networks (RSNs) Diamond Sports Group (DSG) is reportedly planning to file for a Chapter 11 bankruptcy reor...
Disney Plans to Reinstate Its Dividend and Cut 7,000 Jobs. The Stock Jumps.
Walt Disney stock jumped on Wednesday after the entertainment giant topped earnings expectations, while also announcing it was planning to cut jobs and reinstate its its dividend. Disney reported non-...
Gemini Plans To Contribute $100,000,000 To Earn Users As Crypto Exchange Strikes Deal in Principle With Genesis
A top executive of crypto exchange Gemini is announcing a deal that could see users of its Earn program get back their digital assets that were loaned to crypto broker Genesis. Gemini co-founder Camer...
Lido plans to develop in-protocol withdrawals
The Lido development team has announced plans to develop an in-protocol withdrawal capability as the Ethereum community prepares for the anticipated Shanghai hard fork in March. Lido controls the DeF...
Labor Secretary Marty Walsh Plans To Leave Biden Administration For NHL Union Job
Topline Marty Walsh will leave his post as labor secretary for a job running the National Hockey League Players’ Association, sources told multiple news outlets Tuesday, marking the first cabinet offi...