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WHO warns Europe COVID death toll could exceed 2.2 million by March, and U.S. warns against travel to Germany and Denmark

WHO warns Europe COVID death toll could exceed 2.2 million by March, and U.S. warns against travel to Germany and Denmark

2021-11-23
By: Staff Writer

  The World Health Organization warned Tuesday that Europe’s death toll from the coronavirus-borne illness COVID-19 could exceed 2 million by March, as cases have climbed to nearly 4,200 a day and the illness has become the No. 1 cause of death on the continent. WHO European regional director Dr.Read More →

LG units say results accounted for 8 million costs from GM’s Bolt recall By Reuters

LG units say results accounted for $918 million costs from GM’s Bolt recall By Reuters

2021-10-12
By: Staff Writer

  © Reuters. FILE PHOTO: The logo of LG Chem is seen at its office building in Seoul, South Korea, October 16, 2020. REUTERS/Kim Hong-Ji SEOUL (Reuters) – South Korea’s LG Chem Ltd and LG Electronics Inc said on Tuesday their latest quarterly results accounted for costs of about 1.1Read More →

Global tally of COVID-19 cases nears 160 million and variant first found in India is now in 44 countries

Global tally of COVID-19 cases nears 160 million and variant first found in India is now in 44 countries

2021-05-12
By: Staff Writer

  The global tally of confirmed cases of the coronavirus-borne illness COVID-19 edged closer to 160 million on Wednesday, as an independent panel said the crisis was preventable if world leaders had better coordinated their response and moved faster to limit illness and deaths. The Independent Panel for Pandemic Preparedness andRead More →

Global case tally for COVID-19 nears 124 million as U.S. health experts question AstraZeneca trial data

Global case tally for COVID-19 nears 124 million as U.S. health experts question AstraZeneca trial data

2021-03-23
By: Staff Writer

  The company may have included “outdated information” in U.S. trial results for its COVID-19 vaccine, providing an “incomplete view of the efficacy data,” a U.S. federal health agency said in a highly unusual statement released after midnight. AstraZeneca AZN, -2.48% AZN, -3.10% said Monday that interim data from aRead More →

Reportedly, a $1 million ransom for bitcoin was cashed in on Binance.

2020-08-24
By: Staff Writer

  Researchers found evidence that more than $1 million worth of Bitcoin (BTC) from addresses linked to the Ryuk ransomware attack was transferred through a wallet on Binance. According to an Aug. 23 Forbes report, researchers took a sample of 63 transactions, accounting for $5.7 million of the more thanRead More →

Netflix adds more than 10 million new subscribers and names Sarandos co-CEO, but stock is tanking

2020-07-16
By: Staff Writer

  Netflix Inc. logged another blockbuster quarter Thursday with the addition of 10.1 million new paid subscribers and a significant jump in revenue, and rewarded one of its most important executives with a promotion, but shares declined in after-hours trading on fears of slowing growth and a miss on profit.Read More →

Tether Blacklists 39 Ethereum addresses worth over $46 million

2020-07-10
By: Staff Writer

  Tether (USDT) has blacklisted 39 Ethereum addresses worth $46 million in USDT, with 24 of them holding a total of more than $5.5 million in USDT having been blacklisted this year. This revelation follows the Centre’s first blacklisting of an Ethereum address holding USDT 100,000. Philippe Castonguay, Ethereum researcherRead More →

Coronavirus: U.S. case count approaches 3 million after record day and Florida ICUs fill up

2020-07-09
By: Staff Writer

  The number of U.S. cases of COVID-19 approached 3 million Wednesday, and Florida’s intensive care units are filling up, as the United States counted a record number of new cases of the deadly disease in a single day, a sign that the virus is far from being contained. DataRead More →

Coronavirus update: Global COVID-19 case tally tops 10 million and Florida, South Carolina and Nevada set daily records

2020-06-29
By: Staff Writer

The number of confirmed cases of the coronavirus illness COVID-19 topped 10 million around the world and the death toll surpassed a half million over the weekend, and Florida, South Carolina and Nevada all recorded their highest number of new infections in a single day. Florida counted 9,585 new casesRead More →

PlusToken Moves $67 Million to Unknown Wallet, Signalling a Potential EOS Dump

2020-06-22
By: Staff Writer

A wallet associated with alleged crypto Ponzi scheme PlusToken has moved 26,316,339 EOS tokens (worth over $67 million as of press time) to an anonymous crypto wallet created less than 24 hours ago. The transaction was spotted by tracking service Whale Alert earlier today. PlusToken is believed to be oneRead More →

Former Coastal Oil execs charged in $340 million scheme to cheat banks By Reuters

2020-06-12
By: Staff Writer

© Reuters. SINGAPORE (Reuters) – Two former employees of Singapore marine fuel firm Coastal Oil were charged on Friday for allegedly being involved in a series of offences to cheat eight banks of more than $340 million. Singaporeans Ong Ah Huat and Huang Peishi were charged with multiple counts ofRead More →

Jobless claims rise 1.54 million in early June, but fewer people are collecting benefits

2020-06-11
By: Staff Writer

The numbers: Some 1.54 million Americans applied for traditional jobless benefits in early June and more than 700,000 sought compensation though an emergency federal program, reflecting both a steady decline in job losses from the coronavirus but a still-worrisome number of layoffs. Initial jobless claims slowed to 1.54 million inRead More →

Nightmare Come True: User Pays $2.6 Million in Transaction Fees to Send $134 of Ether

2020-06-11
By: Staff Writer

A record ethereum transaction fee has been paid today: $2.6 million to transfer $134. The user probably mixed up the fields on the value of the transfer and the fee, eventually paying 10,668 ETH in fees, or $2.6 million, on a transaction mined by Sparkpool. A nightmare come true, theRead More →

Slack revenue tops $200 million for first time, but stock tanks after slight forecast change

2020-06-04
By: Staff Writer

Slack Technologies Inc. revenue topped $200 million in a quarter for the first time, but the stock still sank hard in the extended session Thursday afternoon after closing at record highs in recent days. Slack reported a loss of $74.4 million, or 13 cents a share, on revenue of $201.7Read More →

75% of frontline workers in New York are people of color — and 2 million people in the U.S. do NOT have access to running water

2020-06-02
By: Staff Writer

Hope you’re staying healthy, MarketWatchers. Don’t miss these top stories: Personal Finance My son is the only one wearing a mask at his job, while all the executives are working from home — what can he do? ‘Not one person, except him, is wearing a mask.’ Black Americans are twiceRead More →

Coronavirus update: U.S. case tally tops 1.8 million; study finds face masks, social distancing effective at reducing infections

2020-06-02
By: Staff Writer

The number of Americans with confirmed case of the coronavirus that causes COVID-19 climbed above 1.8 million on Tuesday, amid concerns that protests about the death of George Floyd last week, and people gathering in groups as lockdowns are lifted, will spark a fresh wave of infections. President Donald TrumpRead More →

Shinsei to buy New Zealand’s UDC Finance for $480 million, its biggest overseas deal By Reuters

2020-06-01
By: Staff Writer

2/2 © Reuters. FILE PHOTO: The Shinsei Bank logo is pictured at the lobby of the bank in Tokyo 2/2 By Byron Kaye and Takashi Umekawa SYDNEY/TOKYO (Reuters) – Shinsei Bank Ltd (T:) said it will buy New Zealand’s top non-bank finance provider, UDC Finance Ltd, for $480 million inRead More →

UK Government Seizes $185 Million From Dormant Bank Accounts for Crisis Relief

2020-05-31
By: Staff Writer

The UK government is seizing funds in dormant bank accounts worth approximately $185 million to fund its coronavirus relief efforts. So far, 30 banks have been voluntarily transferring money from dormant accounts to the government, including HSBC, Barclays, Clydesdale, Credit Agricole, Danske, Santander, Lloyds, and Bank of Scotland. The governmentRead More →

JPMorgan to Pay $2.5 Million to Settle Lawsuit for Overcharging Crypto Fees

2020-05-28
By: Staff Writer

JPMorgan Chase has reportedly agreed to pay $2.5 million to settle a crypto class-action lawsuit. Originally filed in 2018, the suit alleges that the bank overcharged customers for buying cryptocurrencies using Chase credit cards, classifying the purchases as cash advances. JPMorgan Settles a Crypto Class Action Lawsuit JPMorgan Chase allegedlyRead More →

Swiss Government Rejects $103 Million Bailout for Crypto Companies Battered by Coronavirus

2020-05-26
By: Staff Writer

Switzerland’s government has rejected a 100 million franc ($103 million) bailout for local cryptocurrency companies battered by the coronavirus economy, local media reported. Zug finance director Heinz Taennler requested the special funding package in April. He planned to issue out loans to startups, which could be converted into shares. TheRead More →

Daimler to invest in Chinese EV battery maker Farasis’ $480 million IPO: sources By Reuters

2020-05-25
By: Staff Writer

© Reuters. Employees wearing face masks work at a plant of Daimler-BAIC joint venture’s Beijing Benz Automotive Co during a government organised tour of the facility following the outbreak of the coronavirus disease (COVID-19), in Beijing By Zhang Yan and Julie Zhu BEIJING/HONG KONG (Reuters) – Daimler AG (DE:) plansRead More →

‘I’m worried that my daughter would blow through her inheritance.’ My family has a trust fund worth $6 million. Should I keep this money a secret from my kids?

2020-02-25
By: Staff Writer

Dear Moneyist,  My parents, who are now deceased, had a living trust with a provision for creation of a new trust that would allow my brother and I to share the income from that trust during our lifetimes. When we both die, the principal from that trust is to beRead More →

Morgan Stanley to get $375 million termination fee if E*Trade walks away from deal By Reuters

2020-02-21
By: Staff Writer

(Reuters) – Morgan Stanley (N:) will receive a $375 million breakup fee if E*Trade Financial Corp (O:) walks away from its $13 billion deal for the discount brokerage, the U.S. bank said on Friday. On Thursday, Morgan Stanley entered into a deal to buy E*Trade, the biggest acquisition by aRead More →

U.S. peach grower awarded $265 million from Bayer, BASF in weedkiller lawsuit By Reuters

2020-02-16
By: Staff Writer

© Reuters. FILE PHOTO: Logo of Bayer AG at a plant of the German pharmaceutical and chemical maker in Wuppertal (Reuters) – A Missouri jury’s $265 million award to peach grower Bill Bader in his lawsuit against herbicide providers Bayer (DE:) and BASF has raised the stakes for the twoRead More →

I’m 53, have $1.4 million in my 401(k), $150,000 in savings and my home is paid off. Can I afford to retire?

2020-02-14
By: Staff Writer

Hello Catey, I am a 53-year-old woman who is looking to retire within the next 18 months. I currently have a home that is paid for which I plan to use as a home base. Outside of that home, my assets are $150,000 cash savings and $1.4 million in myRead More →

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