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Asset management giant BlackRock took the first steps Thursday to launch a spot bitcoin exchange-traded fund, which has long been a point of contention between crypto advocates and federal regulators.The firm filed an application with the U.S. Securities and Exchange Commission to launch the iShares Bitcoin Trust. If approved, the…
An Amazon worker and union organizer has been given her job back after she appealed her firing by the e-commerce giant earlier this month. Amazon on Thursday confirmed that it had reinstated Jennifer Bates — who became the face of the effort to unionize an Amazon facility in Bessemer, Alabama…
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The past week saw the forthcoming Markets in Crypto Assets (MiCA) regulation formally published in the EU’s official journal, marking a significant milestone for regulation in the crypto space.Consequently, Chainalysis’ head of policy for Europe has urged cryptocurrency companies to start preparing for it as soon as possible.Head of Policy,…
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Investment Thesis In today’s article, the main focus will be on two dividend growth companies. Both of the selected companies have shown strong dividend growth rates within recent years and I believe they will continue to do so over the next years. Therefore, I believe both can help you raise…
Shares in US restaurant chain Cava almost doubled on their New York debut on Thursday, sparking hopes its success would spur others to follow it to market and help end a capital-raising drought.Cava’s pop made it the best opening-day performance by a US initial public offering of more than $300mn…
President Joe Biden has tapped Michael Tyler, a seasoned Democratic strategist, to serve as his campaign communications director, his campaign announced Thursday. Tyler previously served as deputy communications director on Sen. Cory Booker’s 2020 campaign and as spokesman and chief of staff to former chairman of the Democratic National Committee…
Coinbase Global Inc.’s bonds slipped further into distressed territory Wednesday, a day after the U.S. Securities and Exchange Commission filed charges against the platform as part of its broader crackdown of the crypto industry. Prices on its most-active 3.375% bonds due in October 2028 fell to about 60.44 cents on…
The outcome of a meeting this past weekend of major oil producers was somewhat surprising, but they may have expected to see a stronger climb in prices in the wake of Saudi Arabia’s decision to voluntarily cut another 1 million barrels a day from its production level. Some analysts do…