May 23, 2020 Reuters

Hertz files for U.S. bankruptcy protection as car rentals evaporate in pandemic By Reuters

2/2 © Reuters. FILE PHOTO: A Hertz rental car sign is placed outside a rental lot near Detroit Metropolitan airport in Romulus 2/2 By Mike Spector NEW YORK (Reuters) – The more than a century old car rental firm Hertz Global Holdings (NYSE:) Inc filed for bankruptcy protection on Friday after its business was decimated […]
0 6min 839
April 8, 2020 TipRanks

Sorrento Provides Manufacturing Support for COVID-19 Treatment; What’s Next?

The battle against COVID-19 is well underway, and now’s the time to send in the big guns. Sorrento Therapeutics (SRNE) is on it, offering both active and passive immunization strategies. As a result, it has received positive investor attention, as demonstrated by its 35% one-month gain. As part of these efforts, the healthcare name, which […]
0 5min 1086
April 6, 2020 BNK Invest

AME December 18th Options Begin Trading

Investors in AMETEK Inc (Symbol: AME) saw new options begin trading today, for the December 18th expiration. One of the key data points that goes into the price an option buyer is willing to pay, is the time value, so with 256 days until expiration the newly trading contracts represent a potential opportunity for sellers […]
0 7min 1172
April 6, 2020 investlab20200

Breakingviews – Dixon: Helicopter money is a toy best left alone

Reuters Reuters LONDON (Reuters Breakingviews) – Some economists say central banks should fund the fight against the coronavirus by printing money and giving it to governments. There would be no need to raise taxes either now or in the future, the argument goes; nor would government debt need to increase. Whenever something looks too good […]
0 8min 1078
April 6, 2020 investlab20200

Coronavirus Update – Hiding Out In Tech

The coronavirus outbreak and the effects of COVID-19 have gone deeper and wider than most people would have expected. That applies just as much to markets as anywhere. Whether it’s a tech sector that’s supporting our new work from home or re-rating as expensive EV/Sales multiples make less sense; a healthcare industry under the spotlight […]
0 61min 979

Cryptocurrency


October 20, 2020 Cointelegraph

Pomp says US digital dollar needs to happen now By Cointelegraph

Pomp says US digital dollar needs to happen now Recent comments from Jerome Powell, the chairman of the United States Federal Reserve, show the American government is not especially concerned with speed when it comes to developing a central bank digital currency, or CBDC. In contrast, Morgan Creek Digital co-founder Anthony Pompliano argues that time […]
0 3min 1

October 20, 2020 Cointelegraph

New Zealand has no imminent plans to issue CBDC, says central bank exec By Cointelegraph

New Zealand has no imminent plans to issue CBDC, says central bank exec Financial authorities in New Zealand are in no hurry to issue a central bank digital currency, or CBDC, according to a central bank executive. Christian Hawkesby, assistant governor at the Reserve Bank of New Zealand, claimed that the country has “no imminent […]
0 2min 1

October 20, 2020 Cointelegraph

Japanese messaging giant Line developing CBDC platform By Cointelegraph

Japanese messaging giant Line developing CBDC platform Line, a Tokyo-based subsidiary of the South Korean internet search engine company Naver, is building a platform for developing central bank digital currencies, South Korean news agency the Chosun Ilbo reported on Oct. 19. Sources familiar with the matter reportedly told Chosun Ilbo that Line aims to support […]
0 2min 2

October 20, 2020 Cointelegraph

Swiss gov’t starts consultation process for blockchain laws By Cointelegraph

Swiss gov’t starts consultation process for blockchain laws Switzerland’s Federal Department of Finance has initiated a consultation process for a blanket ordinance in the blockchain and distributed ledger technology space. The consultation will happen among cantons, parties and other interested groups in this space. It is scheduled to continue for more than three months, ending […]
0 2min 2

October 20, 2020 Cointelegraph

‘Still so early’ — 7% of Americans have bought Bitcoin, study finds By Cointelegraph

‘Still so early’ — 7% of Americans have bought Bitcoin, study finds According to new data from Statista, only 7% of Americans have previously used (BTC). This means current investors in BTC are still in an early stage of growth. Dan Tapiero, the co-founder of 10T Holdings, said Bitcoin is still at the “birth” phase […]
0 2min 1

Bitcoin price nears final hurdle at $12K before bull market euphoria

The price of Bitcoin (BTC) had to hold the crucial support level between $11,100-11,300, and it did. After this support test, the price of BTC continued to surge upward on Oct. 20, reaching the crucial resistance area between $11,900-12,200. This upward move came along with weakness in the dollar, as the U.S. Dollar Currency Index […]
0 9min 8

Blockchain


Trending


October 20, 2020 Reuters

NY Fed says it is launching search for new first vice president to replace Michael Strine By Reuters

© Reuters. People walk wearing masks outside The Federal Reserve Bank of New York in New York (Reuters) – The Federal Reserve Bank of New York is launching the search for a new first vice president and chief operating officer to replace Michael Strine, who is retiring early next year. The New York Fed said […]
0 3min 1

October 20, 2020 Reuters

U.S. says Google breakup may be needed to end violations of antitrust law By Reuters

© Reuters. FILE PHOTO: A Google sign is shown at one of the company’s office complexes in Irvine, California By Diane Bartz and David Shepardson WASHINGTON (Reuters) – The U.S. Justice Department filed an antitrust lawsuit against Alphabet (NASDAQ:) Inc’s Google on Tuesday, claiming the $1 trillion company uses its market power to fend off […]
0 7min 1

October 20, 2020 Reuters

Qualcomm jumps into 5G infrastructure market with base station chips By Reuters

By Stephen Nellis (Reuters) – Qualcomm (NASDAQ:) Inc on Tuesday said it will produce chips for 5G telecommunications networking gear, marking the first entry by a major American technology company into a market dominated by European and Chinese firms. San Diego-based Qualcomm is already the largest supplier of chips for mobile phones, including the modem […]
0 4min 9

October 20, 2020 Reuters

Berkshire Hathaway to pay $4.1 million to settle alleged Iran sanctions violations By Reuters

© Reuters. Berkshire Hathaway Chairman Warren Buffett walks through the exhibit hall as shareholders gather to hear from the billionaire investor at Berkshire Hathaway Inc’s annual shareholder meeting in Omaha WASHINGTON (Reuters) – Warren Buffett’s Berkshire Hathaway Inc (N:) agreed to pay $4.14 million to settle allegations that a Turkish subsidiary may have violated U.S. […]
0 3min 2

October 20, 2020 Reuters

British and U.S. financial regulators renew co-operation deal By Reuters

© Reuters. FILE PHOTO: The Bank of England in London, Britain LONDON (Reuters) – The Bank of England and the U.S. Commodities and Futures Trading Commission (CFTC) said they had signed a new agreement on Tuesday to cooperate on the supervision of cross-border clearing of financial transactions. The BoE said the new memorandum of understanding […]
0 3min 3

October 20, 2020 Reuters

Wall Street set to rise with focus on stimulus By Reuters

© Reuters. FILE PHOTO: A Wall Street sign is pictured outside the New York Stock Exchange, in New York City By Medha Singh and Shivani Kumaresan (Reuters) – Wall Street’s main indexes were set to open higher on Tuesday as investors were hopeful of more stimulus from Washington with Senate Republicans preparing to vote on […]
0 5min 3

Popular


NY Fed says it is launching search for new first vice president to replace Michael Strine By Reuters

© Reuters. People walk wearing masks outside The Federal Reserve Bank of New York in New York (Reuters) – The Federal Reserve Bank of New York is launching the search for a new first vice president and chief operating officer to replace Michael Strine, who is retiring early next year. The New York Fed said […]

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