PPL Corp. PPL, +2.09% said Wednesday that it plans to raised it quarterly dividend by 6.7%, to 24 cents a share. Based on Tuesday’s closing price of the electricity generation and transmission company...
Tag: Plans
Turkey Plans To Fly Its Homegrown Stealth Fighter In 2023, But It’s Still Far From Finished
Turkey believes the homegrown TF-X fifth-generation stealth fighter it is building, also known as the National Combat Aircraft (MMU), could make its first flight this year – the country’s centen...
Huge Crypto Dump Incoming As FTX Plans To Sell Altcoins Worth $4.6B
Even though the FTX bankruptcy was two months ago, the issue is far from over for the crypto industry. Currently, new FTX CEO John Ray and his team are working to find as many liquid assets as possibl...
Tether [USDT] Canada plans go for a toss as exchange announces major news
Tether will be delisted from Crypto.com in Canada in adherence to the regulatory body’s directives in the country. Crypto.com will convert all USDT to USDC at the expiration of the announcement. Ther...
Universal Plans New Theme Parks In Texas And Las Vegas
Topline Universal Parks & Resorts announced plans on Wednesday to construct two new theme parks, including a “one-of-a-kind” family-friendly park outside Dallas and a horror-themed park in Las Veg...
Robinhood plans to delist Bitcoin SV
On Wednesday, the popular stock trading app Robinhood warned that it would soon cease support for Bitcoin SV (BSV), with plans to remove the coin from its platform by the end of this month. Robinhood ...
BlockFi plans to file assets and liabilities for bankruptcy case on Jan. 11
Crypto lending firm BlockFi has announced it will disclose information on its assets and liabilities as well as payments received prior to its bankruptcy filing in November. In a Jan. 9 Twitter thread...
Huobi Korea Plans to Cut Ties With Parent Company, Strengthen Domestic Presence – Bitcoin News
According to a report from South Korea, the Korean subsidiary of Huobi Global is planning to cut ties with the parent company. The management of the trading platform stated that they plan to “strength...
Logan Paul Says He Was Unaware of his team’s Malafide Plans
YouTuber Logan Paul’s CryptoZoo was accused of fraud by CoffeeZilla. Stephen “CoffeeZilla” Fiendeisen investigates crypto frauds. CoffeeZilla recently released a video series about Logan’s project. Co...
Uncertainty Surrounds Federal Reserve’s Future Plans for Rate Hikes – Bitcoin News
The U.S. Federal Reserve has raised the benchmark bank rate seven times during the course of 2022, leading many to question when the central bank will cease or change course. The Fed has stated that i...
Radix unveils plans for next-gen cryptocurrency wallet for Web3 users
Given the concerns over Web3, including recurrent hacks and usability issues with decentralized finance (DeFi), blockchain developers across the board have been hard at work on crypto wallet solutions...
McDonald’s plans reorganization, job cuts as it accelerates restaurant openings
Noam Galai | Getty Images Entertainment | Getty Images McDonald’s is planning job cuts and a reorganization as the company refocuses its priorities to accelerate restaurant expansion, CEO Chris ...
Will Aave’s long-term growth plans dampen short-term investor expectations?
Aave reveals how past grants have contributed to the network Why the focus on development is the right way to go for AAVE Aave announced that snapshot voting for a recent proposal seeking for the rene...
U.S. trustee objects to FTX’s plans of selling strategic assets
A United States trustee filed a legal objection on Saturday to stop FTX’s plans to liquidate some of its installations and critical assets, including a clearing house LedgerX and its subsidiaries in J...
Digital Asset Exchange Giant Huobi Plans To Lay Off 20% of Its Staff Amid Ongoing Crypto Winter: Report
The Seychelles-based crypto exchange giant Huobi is reportedly planning to lay off 20% of its staff as the ongoing bear market continues to thrash companies across the industry. Reuters reports that H...
Huobi plans layoffs, sees outflows; SBF seeks to retain his Robinhood shares
The biggest news in the cryptoverse for Jan. 6 saw Huobi announce mass layoffs. Meanwhile, former FTX CEO Sam Bankman-Fried has insisted on controlling his shares of Robinhood. Plus, developments arou...
Baxter Plans Divesting Renal Care Business Into Separate Public Company, Shares Fall
Baxter International Inc (NYSE: BAX) announced spinning off its Renal Care and Acute Therapies global business unit into an independent, publicly traded company. The new kidney care company will benef...
Huobi Plans Staff Layoffs, Rumors of Insolvency Hang in the…
Cryptocurrency exchange Huobi is planning to lay off 20% of its staff amid the crypto market downturn and the fallout from collapsed crypto exchange FTX. In the latest round of all-over cost-cutting a...
Bed Bath & Beyond Reportedly Plans Bankruptcy As Meme Stock Crashes Amid ‘Substantial Doubt’ Business Can Continue
Topline Bed Bath & Beyond is reportedly preparing to file for bankruptcy in the coming weeks as the struggling brick-and-mortar retailer faces persistent economic challenges plaguing efforts to tu...
SEC files objection to Binance.US’s plans to acquire Voyager Digital
The United States Securities and Exchange Commission (SEC) has filed a “limited objection” to crypto exchange Binance.US’s proposed $1 billion takeover of bankrupt crypto lender Voyager Digital, citin...
Logan Paul Plans to Sue Coffeezilla Over CryptoZoo Allegations
Logan Paul has been at the receiving end of seemingly endless controversies since his career took off as a media star. His two-year-old NFT venture – Crypto Zoo – is now under intense scrutiny. The la...
HedgeUp plans to dominate the crypto market in 2023
The crypto market has advanced as investors become cautious about where to invest their money. It follows the disruption of the market trend and the crash, the biggest the crypto industry has ever exp...
Bonk Boosts Over 4000%, Solana Co-Founder Shares Future Plans
BONK is up by 4335.25% in the last 6 days. It is the first meme crypto on Solana blockchain and has been responsible for boosting the price of SOL token in the past week. Solana was affected drastical...
Fed plans to keep raising interest rates in 2023 but at a slower pace
Officials at Dec. 13-14 FOMC meeting agreed to continue increasing the cost of credit in 2023 but gradually to limit economic growth risks. The FOMC meeting declared: “No participants anticipated that...
Bitcoin Miner Core Scientific Plans to Shut Down 37,000 Celsius Rigs
Troubled Bitcoin miner Core Scientific will shut down more than 37,000 crypto mining rigs belonging to bankrupt crypto lender Celsius Network as both firms finally reach an agreement in court. Core Sc...
UK Plans On Launching A New Unit To Tackle Crypto Crimes
The National Crime Agency (NCA) of the United Kingdom is forming a team that will be responsible for handling issues pertaining to crypto crimes. This group of officials will primarily investigate une...
MicroStrategy Plans Bitcoin Lightning Network for 2023
American entrepreneur and co-founder of MicroStrategy Michael Saylor has revealed that his company is planning to roll out Bitcoin Lightning payment solutions in 2023. Saylor made a brief statement ab...
Indonesia plans to launch its own crypto exchange: Bloomberg
Indonesia plans to establish a national crypto exchange amid broader financial sector reform. Crypto assets are supervised by Indonesia’s Commodity Futures Trading Regulatory Agency, Bappe...
Here’s how Convex Finance [CVX] plans to change its staking game in 2023
Convex Finance announced changes to its staking rewards. CVX on-chain status was filled with ups and downs. As part of its 2023 reforms, Convex Finance [CVX] announced some changes to the way staking ...
Valkyrie wants to take over GBTC: Plans Revealed
Valkyrie Investments revealed plans for GBTC management. Citing previous experience in management of similar assets. GBTC has been offering massive discounts on NAV throughout 2022. 2022 has not b...