A Bitcoin (BTC) exchange-traded fund (ETF) has a 75% chance of being approved this month — in some form. In comments this weekend, Eric Balchunas, senior ETF analyst for Bloomberg, said that United States Bitcoin futures ETFs were “likely on schedule” for the regulatory green light. Bitcoin futures ETFsRead More →
© Reuters. FILE PHOTO: The logo of Dow Jones Industrial Average stock market index listed company JPMorgan Chase (JPM) is seen in Los Angeles, California, United States, in this October 12, 2010 file photo. JPMorgan Chase & Co. owns Chase Commerical Bank and JPMorgan HONG KONG (Reuters) – JPMorganRead More →
© Reuters. FILE PHOTO: A MTA staff uses a Lysol to clean a station at the lobby of Grand Central Station following the outbreak of coronavirus disease (COVID-19) in New York City By Siddharth Cavale and Richa Naidu (Reuters) – Lonza Group AG is in the “last step” ofRead More →
The repeal of a blanket ban on cryptocurrencies in March by India’s central bank, the Reserve Bank of India, has been a boon to the thriving crypto industry in India — with the launch of new exchanges being a catalyst. This is despite the country being one of the mostRead More →
Switzerland’s financial regulator, FINMA, has approved two Zurich-based banks to offer a range of cryptocurrency services, including trading and custody. Maerki Baumann Bank subsequently announced the launch of its trading platform for major cryptocurrencies while Incore Bank is offering a range of crypto services. Maerki Baumann Launches Cryptocurrency Trading DeskRead More →
By Tracy Rucinski and David Shepardson CHICAGO/WASHINGTON (Reuters) – United Airlines Holdings Inc (O:) said on Friday it is extending the cancellation of Boeing 737 MAX flights until Sept. 4, a fresh delay that comes as sources told Reuters that the timing of a key certification flight may not happenRead More →
Amarin Corp.’s stock moved toward a new decade-high price in the extended session Friday after a Food and Drug Administration marketing approval that gave its drug Vascepa a wider use. U.S. traded shares of Dublin-based Amarin AMRN, +4.92% rose more than 5% Friday after being halted for half the tradingRead More →
© Reuters. Investing.com – Alibaba Group Holdings (NYSE:) has won approval from the Hong Kong Exchanges & Clearing for a mega listing in Hong Kong that could raise at least $10 billion for the company, Bloomberg reported on Wednesday citing people familiar with the matter. The person said Alibaba isRead More →
© Reuters. FILE PHOTO: Grounded Boeing 737 MAX aircraft are parked at Boeing Field in Seattle By Tracy Rucinski CHICAGO (Reuters) – Some U.S. airlines are willing to pick up their 737 MAX jets from Boeing Co (N:) as soon as December if the Federal Aviation Administration (FAA) approves deliveryRead More →
© Reuters. EU signals initial approval of NordLB rescue plan: sources BERLIN (Reuters) – The European Union has given an initial green light to a rescue plan worth 3.6 billion euros ($3.97 billion) for ailing German lender NordLB, two sources told Reuters on Monday. EU experts view the recapitalisation planRead More →
© Reuters. FILE PHOTO: Frankfurt hosts the international Motor Show (IAA) By Ben Klayman and Nick Carey DETROIT (Reuters) – United Auto Workers leaders from Ford Motor (NYSE:) Co’s U.S. plants on Friday recommended approval of a tentative labor agreement that would allow the No. 2 U.S. automaker to avoidRead More →
By Alex Dobuzinskis (Reuters) – New York became the second state to ban flavored e-cigarettes on Tuesday after its Democratic governor called for emergency action in response to concerns about their rising use among teens and a nationwide spate of lung illnesses. Governor Andrew Cuomo on Sunday called for anRead More →
© Reuters. Chairman Ajit Pai speaks ahead of the vote on the repeal of so called net neutrality rules at the Federal Communications Commission in Washington By David Shepardson WASHINGTON (Reuters) – Federal Communications Commission chairman Ajit Pai on Friday sought approval from his colleagues to order the go aheadRead More →
SHANGHAI (Reuters) – China’s state-backed energy firm SDIC Power Holdings (SS:) has received government approval to issue 10% of its share capital as Global Depositary Receipts (GDRs) on the London Stock Exchange, the company said in a statement on Saturday. SDIC Power said that it had received the green lightRead More →
Capital One Financial and JPMorgan Chase had to reduce their planned shareholder payouts in order to get the Federal Reserve to approve the distributions, the central bank said Thursday. The Fed said Capital One COF, -0.06% and JPMorgan Chase JPM, +0.33% would have had minimum capital ratios lower thanRead More →
© Reuters. FILE PHOTO: Visitors talk on the Boeing stand during the EBACE at Cointrin Airport in Geneva (Reuters) – Shares of Boeing (NYSE:) Co rose as much as 3% to more than a two-week high on Friday after Reuters reported that the Federal Aviation Administration (FAA) expects to approveRead More →
© Reuters. FILE PHOTO: A statue stands in front of a home destroyed by the Camp Fire in Paradise By Jim Christie SAN FRANCISCO (Reuters) – PG&E Corp on Wednesday sought court approval for a $105 million fund to help house victims of the wildfires blamed on the bankrupt CaliforniaRead More →
© Reuters. FILE PHOTO: A PG&E truck carrying an American Flag drives past PG&E repair trucks in Paradise By Jim Christie SAN FRANCISCO (Reuters) – PG&E Corp can pay employees up to $350 million in bonuses this year to spur them to help meet the bankrupt California power provider’s safetyRead More →
The U.S. Department of Transportation is investigating the Federal Aviation Administration’s approval of Boeing Co.’s 737 Max jetliners, according to people familiar with the probe, an unusual inquiry into potential lapses in federal safety approvals for new aircraft. The inquiry focuses on a safety system that has been implicated inRead More →
© Reuters. FILE PHOTO: Boeing 737 MAX aircraft are parked at a Boeing production facility in Renton, Washington (Reuters) – The U.S. Department of Transportation is investigating the Federal Aviation Administration’s approval of Boeing (NYSE:) Co’s 737 MAX jetliners, the Wall Street Journal reported on Sunday, citing people familiar withRead More →
© Reuters. FILE PHOTO: A dismantled sign sits leaning outside a Sears department store in Nanuet By Jonathan Stempel NEW YORK (Reuters) – A U.S. agency that insures worker pensions sought permission on Friday to take over two underfunded Sears Holdings Corp pension plans, after objecting to Sears Chairman EddieRead More →
© Reuters. Google signage is seen at the Google headquarters in the Manhattan borough of New York City, New York By David Shepardson WASHINGTON (Reuters) – Alphabet (NASDAQ:) Inc’s Google unit won approval from U.S. regulators to deploy a radar-based motion sensing device known as Project Soli. The Federal CommunicationsRead More →
