Currency - Page 2

6 Most Important Things in Business Today

Posted: November 26, 2018 at 5:05 am

Another of the car companies that auto legend Carlos Ghosn chairs has kicked him out. According to Reuters: Mitsubishi Motors Corp said on Monday its board removed Carlos Ghosn from ...
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6 Most Important Things in Business Today

Posted: November 15, 2018 at 5:08 am

China has responded to American trade demands. According to Reuters: China has delivered a written response to U.S. demands for wide-ranging trade reforms, three U.S. government sources said on Wednesday, ...
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6 Most Important Things in Business Today

Posted: October 30, 2018 at 5:07 am

Volkswagen's profits fell. According to Reuters: Volkswagen reported an 18.6 percent drop in third-quarter adjusted operating profit, weighed down by weaker vehicle sales and headwinds tied to the introduction of ...
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6 Most Important Things in Business Today

Posted: September 27, 2018 at 4:58 am

Farmers claim money from the federal government will not offset losses of income due to the trade war. According to The Wall Street Journal: The Trump administration has started compensating ...
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SEC Orders Temporary Halt to Bitcoin ETN Trading

Posted: September 10, 2018 at 9:45 am

The U.S. Securities and Exchange Commission (SEC) on Sunday ordered trading in two cryptocurrency securities suspended due to "confusion amongst market participants regarding these instruments." The order became effective at ...
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6 Most Important Things in Business Today, CBS Chief Leaves

Posted: September 10, 2018 at 5:00 am

The head of CBS Corp. (NYSE: CBS) left as allegations of inappropriate behavior increased. According to Reuters: Leslie Moonves, the top executive at CBS Corp since 2006 and a major ...
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6 Most Important Things in Business Today

Posted: September 6, 2018 at 4:57 am

The trade war between the United States and China may be getting worse. According to Reuters: With U.S. President Donald Trump gearing up to impose tariffs on $200 billion in ...
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6 Most Important Things in Business Today, Theranos Out of Business

Posted: September 5, 2018 at 5:03 am

Blood testing company Theranos went out of business. According to The Wall Street Journal: Theranos Inc., the blood-testing company accused of perpetrating Silicon Valley’s biggest fraud, will soon cease to ...
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SEC Rejects Bitcoin ETFs for Inability to Prevent Fraud and Manipulation

Posted: August 23, 2018 at 1:00 pm

The U.S. Securities and Exchange Commission (SEC) late Wednesday rejected nine different applications from firms seeking approval to create bitcoin-based exchange-traded funds (ETFs). This marks the second time in less ...
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Is Blockchain a Game-Changing Technology or Merely Hype?

Posted: August 20, 2018 at 11:40 am

There was a time — last winter — when simply changing a company's name to something including the word "blockchain" could pump the stock by 400%. Remember Long Island Iced ...
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6 Most Important Things in Business Today

Posted: August 13, 2018 at 5:06 am

The Turkish currency continued to falter. According to Reuters: Turkey’s lira pulled back from an overnight record low of 7.24 to the dollar on Monday after the central bank pledged ...
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Turkey’s Economy by the Numbers, With US and European Exposure

Posted: August 10, 2018 at 11:20 am

It was not that long ago that the economic meltdowns taking place in Greece and Cyprus dominated the headlines. And no one should have forgotten about the "PIIGS" analogy for ...
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Marijuana, Cryptocurrencies Together for First Time in an IPO

Posted: August 7, 2018 at 9:20 am

There may not be an older brand in the marijuana sector than High Times, a 44-year old magazine dedicated to all things cannabis. In early July the company, known as ...
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Starbucks Won’t Be Accepting Bitcoin After All

Posted: August 6, 2018 at 9:00 am

Last Friday, Intercontinental Exchange Inc. (NYSE: ICE), owner of the New York Stock Exchange, announced a plan to launch a cryptocurrency platform and a bitcoin futures contract. According to the ...
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A Bitcoin Miner’s Guide to America’s Cheapest Electricity

Posted: August 2, 2018 at 12:45 pm

The average retail residential cost of a kilowatt-hour (kWh) of electricity in the United States is right around 10 cents. Like all averages, there are lower and higher costs. For ...
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