After five years of intense research and development, the Cardano ecosystem has achieved a major milestone. Shelley has arrived. Well, at least in code. According to the roadmap shared by IOHK’s Charles Hoskinson in the past, the Shelley era essentially involves critical early steps in Cardano’s journey towards optimizing decentralization.Read More →
When Compound launched its governance token, COMP, on June 16, few in the crypto space could have predicted how rapidly it would rise to the top. As Cointelegraph reported at the time, it only took a single day of trading for COMP to become the leader of the decentralized financeRead More →
© Reuters. U.S. Democratic presidential candidate Bloomberg appears at campaign event in Memphis By Kenneth Li and Greg Roumeliotis (Reuters) – Gary Ginsberg, the global head of communications for SoftBank Group Corp (T:), has taken an indefinite leave of absence to advise Michael Bloomberg’s U.S. presidential campaign, people familiar withRead More →
Disney+ needed just a couple months to amass nearly half the number of subscribers that Netflix Inc. NFLX, -0.59% has domestically, but that disclosure didn’t help Walt Disney Co.’s stock Wednesday after the company’s latest earnings report. Shares of Disney DIS, -2.28% were off 1.8% in morning trading afterRead More →
© Reuters. A Boeing 777X airplane taxis during an attempted first test flight from the company’s plant in Everett By Tim Hepher SEATTLE (Reuters) – Boeing Co (N:) began the maiden flight on Saturday of the world’s largest twin-engined jetliner as the embattled planemaker steps up competition with European rivalRead More →
New year, new you — but only if you keep at it. About four in 10 Americans make New Year’s resolutions each year, with things like eating healthier, getting more exercise and saving more money topping the list. Despite that, most of us fail at our resolutions, with some dataRead More →
COPENHAGEN (Reuters) – Hedge fund Marshall Wace is betting on Danske Bank (CO:) shares falling after taking a short position in the Danish lender of 0.5% of issued shares, the Danish FSA said on Friday. The hedge fund, co-founded by British financier Paul Marshall, is the first to take aRead More →
© Reuters. Thousands of U.K. Jobs at Risk as EON Takes Npower Clients (Bloomberg) — Plans to restructure Innogy’s (DE:) U.K. energy supplier Npower and migrate its household customers to E.On’s (DE:) British business could cost thousands of jobs. EON and Innogy will consult and work with trade Unions andRead More →
(Reuters) – General Motors Co (N:) said on Wednesday President Mark Reuss would now oversee North America, South America, China and international regions. Reuss, who was named president in January 2019 to drive GM’s global product development, will continue to report to Chairman and CEO Mary Barra, the company said.Read More →
© Reuters. Jefferies cuts energy bankers as M&A slowdown takes toll: sources By Gary McWilliams and David French HOUSTON/NEW YORK (Reuters) – Jefferies Financial Group has laid off 15 people in its energy investment banking team, as the bank reacts to a slowdown of mergers and acquisitions activity among oilRead More →
Asian stocks fell Friday as traders weighed data showing slower U.S. economic growth and also the possible impact of an impeachment inquiry of President Donald Trump. The congressional inquiry into Trump is throwing more volatility into a market that already was nervous over U.S.-Chinese trade tension. “The impeachment of TrumpRead More →
Gold edged lower Tuesday, taking a pause from recent gains as a bout of renewed optimism over U.S.-China trade talks rob the metal of its haven-related appeal. Gold for December delivery GCZ19, -0.12% on Comex was down $2, or 0.1%, at $1,529.50 an ounce, while December silver SIZ19, -0.67% declinedRead More →
© Reuters. Investing.com – Stocks stumbled Friday after a tumultuous month dominated by trade tensions, battles between the president and the Federal Reserve and falling interest rates. The gained all of 0.06%. The rallied to a 0.16% gain and the dropped 0.13%. In a month where the saw 16 daysRead More →
Google pulled 210 YouTube channels from its platform, saying that they appeared to be part of a coordinated disinformation campaign in response to pro-democracy protests in Hong Kong. Twitter Inc. TWTR, -1.45% and Facebook Inc. FB, -0.82% made similar moves earlier this week, citing evidence that the Chinese governmentRead More →
The boom in loans to U.S. companies already awash in debt has become a source of angst for regulators and the market. But Barings, an investment arm of Massachusetts Mutual Life, said on Friday that now actually might be the right time for to buy loans to debt-laden American companies,Read More →
Perhaps the most important key to the long-term success of your stock market strategy is whether you will stick with it through a bear market. That’s because you can have the theoretically best strategy on the planet and still lose money if you bail at the bottom of the nextRead More →
© Reuters. Von der Leyen takes aim at U.S. tech giants’ low tax bill in Europe By Foo Yun Chee STRASBOURG (Reuters) – Germany’s Ursula von der Leyen, seeking to become the first female head of the European Commission, has said she wants U.S. tech giants to pay “fair taxes”Read More →
An earlier version of this report incorrectly stated that prices for futures were trading in record territory. The most-active contract for gold is trading at its highest levels since 2013. The error has been corrected. Getty Images Geopolitical tensions helped nudge investors into gold on Tuesday, with the precious metalRead More →
If at first you don’t succeed, just create your own central bank. Stephen Moore failed in his bid to join the Federal Reserve board, but the controversial conservative economic adviser will reportedly soon be playing a key role at a new “central bank” for cryptocurrencies. Fox Business reported late MondayRead More →
Cannabis stocks were mostly lower Monday, with market leader Canopy Growth Corp. under pressure from an activist shareholder that said it would vote against a key deal aimed at securing Canopy a foothold in the U.S. Activist shareholder Marcato Capital Management LP said Monday it plans to vote against Canopy’sRead More →
© Reuters. Jeffrey Smith, CEO of Starboard Value LP and Chairman of Papa John’s International Inc., speaks during an interview on CNBC on the floor of the NYSE in New York BOSTON (Reuters) – Activist investment firm Starboard Value has taken a new position in KAR Auction Services, the firm’sRead More →
Shares of Grubhub Inc. tumbled to a 17-month low Friday, amid concerns over increasing competition from Uber Technologies Inc.’s Uber Eats business. The Chicago-based online and mobile food-ordering services company’s stock fell 5.6% in active afternoon trade. Volume topped 4.7 million shares, more than double the full-day average of 2.3Read More →
Happy Monday, MarketWatchers! Don’t miss these top stories: Personal Finance American Airlines kicks mother and baby off flight because of dry skin condition An airline employee seemed to think the woman had a contagious disease. States and feds battle in court for supervision of fintechs A turf war or aRead More →
© Reuters. Paul Singer, founder and president of Elliott Management Corporation, speaks at WSJD Live conference in Laguna Beach AMSTERDAM (Reuters) – Paul Elliott Singer, the hedge fund manager behind activist investor Elliott, has taken a 6.1 percent stake in Dutch trust and business administration company Intertrust, according to aRead More →
© Reuters. FILE PHOTO: A man walks past an electronic board showing Nikkei share average outside a brokerage in Tokyo By Wayne Cole SYDNEY (Reuters) – Asian shares crept cautiously higher on the first trading day of the new year as early gains in U.S. stock futures spoke of someRead More →
