A representation of virtual currency Bitcoin is seen in front of a stock graph in this illustration taken January 8, 2021. REUTERS/Dado Ruvic/File PhotoA push toward relying more on renewable energy for bitcoin mining could make the underperforming solar industry more attractive, star fund manager Cathie Wood said at a cryptocurrency conference Thursday.The value of…
Posts published in “Finance”
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New York (CNN Business)"Saturday Night Live" has made some odd host picks over its history. The long-running NBC variety show's Studio 8H stage has been graced by the likes of Ralph Nader, Steve Forbes, Rudy Giuliani, George Steinbrenner and, famously, Donald Trump.That off-kilter tradition continues Saturday when Elon Musk, the eccentric tech billionaire, will host…
The couple oversees the largest private foundation in the world. (File)As a married couple, Bill and Melinda Gates spent decades amassing one of history's largest fortunes. Now that they're divorcing, they have to untangle that $145 billion.Details of the split have already started to emerge.Cascade Investment, a holding company Bill created with his Microsoft Corp.…
The demonstrations over a proposed tax overhaul tied to the pandemic have morphed into a national outcry over rising poverty, unemployment and inequality.The police and protesters clashed last week in Bogotá, Colombia, at a demonstration over a proposed tax reform.Credit...Federico Rios for The New York TimesMay 3, 2021BOGOTÁ, Colombia — The dead include a ninth…
By forcing app developers to use its payment system and comply with other rules, regulators said Apple broke European Union competition laws.An Apple store in Paris.Credit...Sabine Mirlesse for The New York TimesApril 30, 2021Updated 10:26 a.m. ETLONDON — European Union regulators on Friday accused Apple of violating antitrust laws by imposing unfair rules and fees…
Take a look at some of the biggest movers in the premarket:Facebook (FB) – Facebook exceeded analysts' forecasts by $1.03 a share, with quarterly profit of $3.30 per share. The social media giant's revenue was also well above Wall Street forecasts as digital ad spending continued to surge amid the pandemic. Facebook said ad revenue…
But Republicans also know the next 18 months are littered with political tripwires, from internal divisions over the former president trying to influence them from Mar-a-Lago to the fringe elements in their ranks that threaten to swamp their agenda. Democrats are trying to fan those flames across the aisle by yoking the entire GOP to…
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