American Petroleum Institute President and CEO Mike Sommers weighs in, arguing that a long-term energy strategy is needed. Record high gas prices have created stress for motorists across the nation, and many experts expect prices to remain elevated in the near future as demand for summer travel heats up. On Thursday, the national […]
Disney+photo: NICK AGRO/AFP via Getty Images When Disney first launched its streaming service Disney+ back in November of 2019, it did so with a long-term mindset. Streaming was, presumably, the future, and so the company was willing to burn a lot of money to catch up with more established performers in the industry—most notably Netflix, […]
Crypto billionaire Sam Bankman-Fried took a 7.6% stake in Robinhood Markets.FTX Crypto billionaire Sam Bankman-Fried disclosed that he owns about 56.3. million shares in Robinhood Markets. News of his 7.6% stake in Robinhood sent shares of the trading platform up over 30% in late trade. Bankman-Fried is the founder and CEO of cryptocurrency exchange FTX. […]
On Thursday, the chair of an international financial watchdog said that he expects there will be a global cryptocurrency regulatory body within the next year. In light of recent panicked freefall of multiple “stable” coins, we probably need one. “I would not expect that to be the same time next year. I think that [lack […]
(Bloomberg) — Pfizer Inc.’s $11.6 billion acquisition of Biohaven Pharmaceutical Holding Co. included a rarely used structure that could become a larger part of Big Pharma’s playbook in light of a tougher antitrust regime. Most Read from Bloomberg In the Biohaven deal, Pfizer is acquiring all of the company’s shares, according to a statement. Pfizer […]
El Salvador’s Bitcoin bet doesn’t appear to be paying off. The value of the 2,301 Bitcoin purchased by the Latin American country has now fallen by $37 million as the price of Bitcoin drops to its lowest point since December 2020. President Nayib Bukele has spent a total of $103 million on Bitcoin, according to […]
Crypto billionaire Sam Bankman-Fried disclosed that he owns about 56.3. million shares in Robinhood Markets. News of his 7.6% stake in Robinhood sent shares of the trading platform up over 30% in late trade. Bankman-Fried is the founder and CEO of cryptocurrency exchange FTX. loading Something is loading. Shares in Robinhood Markets surged more than […]
In order to understand the impacts of adopting rooftop solar in the United States, customer review and consumer news platform ConsumerAffairs polled 1,000 US homeowners about their views on and overall experience with solar panels. Here’s what the homeowners said. Reasons for – and against – adopting rooftop solar Homeowners who have installed solar panels […]
©Reuters. FILE PHOTO: A man holding an umbrella looks at an electronic stock quotation board outside a brokerage in Tokyo April 7, 2015. REUTERS/Issei Kato By Andrew Galbraith SHANGHAI (Reuters) – Asian shares trimmed losses on Friday after a volatile session for US equities, while the dollar hovered near 20-year highs as investors continued to […]
Sam Bankman-Fried, the billionaire founder of cryptocurrency exchange FTX, has amassed a 7.6 per cent stake in online retail brokerage Robinhood, calling it an “attractive investment”. Bankman-Fried said in a securities filing he has no “intention of taking any action toward changing or influencing the control of [Robinhood]” and bought the stake purely as an […]