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 80
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 395
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 371
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 343
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 313

Cryptocurrency


June 4, 2020 Cointelegraph

Coronavirus Lockdown Boosts Bitcoin Trading in Russia By Cointelegraph

Coronavirus Lockdown Boosts Bitcoin Trading in Russia On June 4, a new study performed by a number of Russia-based crypto exchanges revealed a significant rise in (BTC) trading across Russia since March amid the COVID-19 lockdown. As RBC reports, representatives from the Russian offices of exchanges like Binance, Garantex, and EXMO, highlighted the growth in […]
0 2min 1

June 4, 2020 Cointelegraph

Both NXT and Algorand Claim to Have Developed First Proof-of-Stake Chain By Cointelegraph

Both NXT and Algorand Claim to Have Developed First Proof-of-Stake Chain Cryptocurrency Algorand (ALGO) claims in its promotional materials to be the first proof-of-stake, or PoS, blockchain, but NXT lead developer Lior Yaffe claimed that his project was first. In a June 3 tweet, Yaffe accused Algorand’s of misleading the cryptocurrency community for marketing purposes, […]
0 2min 7

June 4, 2020 Cointelegraph

Blockchain Gamers Earned $20M in Their First Year By Cointelegraph

Blockchain Gamers Earned $20M in Their First Year New research compares how much gamers and game developers made in the year following the launches of some of the most popular blockchain-based games. According to data from Flipside Crypto, the overwhelming majority of revenue was earned by just one, very famous, game. Continue Reading on Coin […]
0 2min 8

USD Still King as BTC and CBDCs Mount Challenge

The global monetary system has been centered around the United States dollar since at least the end of World War II when the 1944 Bretton Woods Agreement formalized the greenback’s ascent to unchallenged dominance. Control over the world’s reserve currency came hand in hand with a boost to the nation’s already enormous geopolitical influence, as […]
0 19min 8

June 4, 2020 Cointelegraph

Adam Back Says Blockchain Toppled Pyramids as It Hits New Computational Milestone By Cointelegraph

Adam Back Says Blockchain Toppled Pyramids as It Hits New Computational Milestone With block #632874, which was mined on June 3, the (BTC) blockchain’s expected cumulative work hit a new milestone. According to Blockstream co-founder Pieter Wuille, it has now surpassed 2^92 double-SHA256 hashes, or 4951760157141521099596496896 hashes. Continue Reading on Coin Telegraph Disclaimer: Fusion Media […]
0 2min 8

June 4, 2020 Cointelegraph

Bitfinex and Tether Reject ‘Baseless’ Lawsuit Filed Against Them By Cointelegraph

Bitfinex and Tether Reject ‘Baseless’ Lawsuit Filed Against Them Bitfinex and Tether have denied all allegations featured in an amended class action lawsuit filed against their parent company, iFinex Inc, according to a blog post published today by Bitfinex. The updated lawsuit, filed on June 3 in the Southern District of New York, accuses Bitfinex, […]
0 2min 8

Trending


June 4, 2020 Reuters

More drinkers cut than increase alcohol in lockdown, survey says By Reuters

© Reuters. The coronavirus disease (COVID-19) outbreak in New Jersey BRUSSELS (Reuters) – People missing out on drinking in restaurants and bars during coronavirus lockdowns are not entirely making up for it by pouring more at home, a survey of nine countries conducted on behalf of beer, wine and spirits companies showed. The International Alliance […]
0 4min 0

June 4, 2020 Reuters

Canada’s mortgage insurer tightens rules as it forecasts home-price drop of up to 18% By Reuters

© Reuters. The Canada Housing Mortgage Corporation (CMHC) logo is pictured in Toronto By Nichola Saminather TORONTO (Reuters) – The government-backed Canada Mortgage and Housing Corp said on Thursday it would tighten rules for offering mortgage insurance from July 1, after forecasting declines of between 9% and 18% in home prices over the next 12 […]
0 4min 1

June 4, 2020 Reuters

Broadcom’s revenue forecast disappoints on weakness in chip business By Reuters

© Reuters. FILE PHOTO: A sign to the campus offices of chip maker Broadcom Ltd, who announced on Monday an unsolicited bid to buy peer Qualcomm Inc for $103 billion, is shown in Irvine, California (Reuters) – Broadcom Inc (O:) on Thursday forecast current-quarter revenue, the midpoint of which was slightly below analysts’ estimates as […]
0 3min 5

June 4, 2020 Reuters

Bernard Madoff fails to win compassionate release from prison By Reuters

© Reuters. FILE PHOTO: Accused swindler Madoff exits the Manhattan federal court house in New York By Jonathan Stempel NEW YORK (Reuters) – A federal judge on Thursday rejected Bernard Madoff’s request to be released early from prison because he was dying of kidney failure, saying the swindler has never fully accepted responsibility for his […]
0 4min 1

June 4, 2020 Reuters

U.S. insurers ask Treasury, Fed to back pandemic payouts for trade credit coverage By Reuters

By Suzanne Barlyn (Reuters) – U.S. trade credit insurers have approached the U.S. Treasury Department and Federal Reserve seeking financial backing for claims payments to support business supply chains hit by the novel coronavirus pandemic, three people familiar with the matter said. Trade credit insurance, which covers $600 billion in U.S. business transactions annually, protects […]
0 4min 8

June 4, 2020 Investing.com

Bank of America Stock Rises 3% By Investing.com

© Reuters. Bank of America Stock Rises 3% Investing.com – Bank of America (NYSE:) Stock rose by 3.02% to trade at $26.77 by 15:34 (19:34 GMT) on Thursday on the NYSE exchange. The volume of Bank of America shares traded since the start of the session was 74.83M. Bank of America has traded in a […]
0 2min 5

Popular


More drinkers cut than increase alcohol in lockdown, survey says By Reuters

© Reuters. The coronavirus disease (COVID-19) outbreak in New Jersey BRUSSELS (Reuters) – People missing out on drinking in restaurants and bars during coronavirus lockdowns are not entirely making up for it by pouring more at home, a survey of nine countries conducted on behalf of beer, wine and spirits companies showed. The International Alliance […]

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