(Reuters) - There is scant precedent on whether cryptocurrency developers can sell tokens to the public without triggering U.S. securities laws. So a decision Wednesday by U.S. District Judge Alvin Hellerstein in Manhattan, concluding that Kik Interactive ...
The American economy is being buffeted by a fresh round of corporate layoffs, signaling new anxiety about the course of the coronavirus pandemic and uncertainty about further legislative relief. Companies including Disney, the insurance giant Allstate and ...
Amazon on Thursday released comprehensive data into the spread of the coronavirus across its workforce. The company said it has counted 19,816 confirmed or presumed Covid-19 cases across its front-line employees in the U.S., or 1.44% of its 1.37 million ...
Billionaire investor Carl Icahn announced the formal return of his son, Brett, to Icahn Enterprises on Thursday. Brett Icahn, 41, will manage a team of portfolio managers, will buy a $10 million stake in the firm and join the board of directors of the firm his 84-year ...
General Motors is seeking a higher equity stake in Nikola Corp. in return for sharing its fuel cell and battery technologies as well as building the Badger, a heavy-duty electric pickup, for Nikola. Two people familiar with the deal told the Detroit Free Press that ...
1. Stocks set to rise as October and Q4 begins · 2. Spending bill signed, new stimulus still deadlocked · 3. CDC extends cruise ban for another month · 4. CNBC poll gives Biden the debate win · 5. Bed Bath & Beyond, PepsiCo report strong earnings.
Google is paying a lot of money for its news licensing program, Microsoft announces an affordable laptop and Facebook says it won't accept ads casting doubts on the election. This is your Daily Crunch for October 1, 2020. The big story: Google commits $1B ...
Thryv Holdings, the Dallas-based company that owns the Yellow Pages, began trading shares of its common stock on the Nasdaq Thursday, hoping to attract investors with its growth into a small business management platform. Perhaps you haven't opened or ...
FILE - In this March 14, 2014, file photo, a representative of GCHQ points to a screen showing all the teams progress in completing the task during a mock cyberattack scenario with teams of amateur computer experts taking part and trying to fight this ...
Boeing's decision to move all 787 Dreamliner manufacturing to South Carolina is an insult to workers and state taxpayers who've given the jet maker hundreds of millions of dollars in tax holidays, Washington Gov. Jay Inslee said Thursday. Inslee issued a ...
As ransomware attacks surge and increasingly target vulnerable sectors like healthcare, the federal government's financial crimefighting team is raising the alarm. The U.S. Department of the Treasury's Office of Terrorism and Financial Intelligence on ...
Get your credit cards ready. You can now shop at American Dream, the mega-mall and entertainment complex off Route 3 in East Rutherford that was poised to open its latest phase in March but delayed it due to the coronavirus pandemic. On Thursday, the ...
American Airlines said Tuesday that it will offer coronavirus tests to passengers, joining United Airlines, Hawaiian Airlines and JetBlue Airways in rolling out preflight testing. Tampa International Airport also said it will offer tests. The tests, which range from ...
With no further aid on the table, U.S. airlines began furloughing tens of thousands of employees Thursday. Denver International Airport is among those airports that will feel the impact. Three major airlines plan to furlough or lay off more than 3,400 workers at ...
A "very weak demand" picture quickly sapped last week's momentum for natural gas forward prices, with November contracts plunging an average 26.0 cents for the Sept. 24-30 period, according to NGI's Forward Look. December on average dropped half as ...
Verizon's LTE Home Internet service is now live in parts of 48 states. Angela Lang/CNET. Verizon has announced an expansion of its newly launched LTE Home Internet service, with the network footprint now reaching 189 regions across 48 states.
Smaller than this, and electric. Volvo. China's Geely owns Volvo Cars, and since earlier this year the companies have increasingly shared engineering and financial resources. Volvo thinks Geely's solid manufacturing underpins classic Volvo style and makes ...
Amazon is not liable for the 2014 death of an Ohio teenager who consumed a fatal quantity of caffeine powder that his friend had purchased on the digital marketplace, the state's top court ruled Thursday. The Ohio Supreme Court said in its ruling that Amazon ...
When I was in middle school, my computer class curriculum was full of Mavis Beacon's typing lessons, learning how to use MLA style and making our own Word Art. We also used a less common application: the Stock Market Game. The concept was simple.
Chase is releasing yet another limited-time offer, this time for the Marriott Bonvoy Boundless™ Credit Card. Starting today, October 1, new Marriott Bonvoy Boundless card members will earn five free nights after spending $5,000 in the first three months from ...
Lonestar Resources US Inc. has become the latest shale driller tipped into bankruptcy during the coronavirus pandemic and will seek to implement a prenegotiated restructuring plan to trim about $390 million in debt and hand control to its bondholders.
Sports streaming service FuboTV Inc. says it plans to raise as much as $165 million in a public offering of its stock on the New York Stock Exchange. FuboTV (OTCQB: FUBO), which is currently on the OTC market, has filed with the Securities and Exchange ...
Americans will receive more than $1 trillion in Social Security benefits in 2020. The checks account for a third of the total income of the elderly, making the program an essential part of retiring in the U.S.. The average retiree collects more than $1,500 per ...
The stock market was mostly in the green on Thursday, with investors optimistic about a pending stimulus agreement, but most major averages were up by less than 1% as of noon EDT. However, American Equity Investment Life Holding (NYSE:AEL) was ...
The Northern New England Region of the American Red Cross continues to deploy people to major disaster relief efforts, with an employee from Topsham the latest assigned to the California wildfire operation. Celeste Stimpson Contributed image. Red Cross ...
DALLAS, Oct. 1, 2020 /PRNewswire/ -- Comerica Bank's Texas Economic Activity Index increased in July to 111.7. July's index reading was 16 points, or 17 percent, above the index cyclical low of 95.5. The index averaged 139.0 points for all of 2019, 3.7 ...
OMAHA, Neb. (AP) — Charles Schwab's $26 billion acquisition of rival broker TD Ameritrade is set to close next week after the companies received final approval from regulators. The Federal Reserve signed off on the stock swap deal this week after antitrust ...
By NATHAN HOWELL | Special to the Reporter. ALABASTER — As part of a massive wave of closings due to financial insecurity caused by the COVID-19 pandemic, Bed Bath & Beyond is set to close 63 of its retail stores nationwide, including the Alabaster ...
Oil accelerated losses as uncertainty over progress on another round of U.S. fiscal relief added to supply concerns with OPEC+ raising output. Futures in New York tumbled as much as nearly 6 percent on Thursday as U.S. equities pared gains and the dollar ...
Pandemic or no pandemic, there will be blood at Goldman Sachs. The Wall Street giant headed by David Solomon is moving forward with a plan to slash about 400 jobs — despite pledging earlier this year that the firm would freeze layoffs in the middle of the ...
Eclypsium, a Portland startup that provides security for the software built into electronic devices, said Thursday that it has raised $13 million in new investment from Intel and an array of investment firms. The company has now raised $25 million altogether.
As far as teaser images go, this is a damn good one. Acura. Acura's brand-new TLX is something of a statement of intent for the brand. That statement is, "We're back," and it seems Acura wants to carry that momentum forward with a newly redesigned MDX ...
Heading into presidential elections, traders typically try to hedge their bets based on which candidate might win. This time around, U.S. markets are increasingly trying to gauge how big of a mess the aftermath might be. With President Donald Trump all but ...
The entities owning New York Sports Clubs and Lucille Roberts have been taken to court by New York State Attorney General Letitia James for allegedly unlawfully charging monthly dues to members and illegal and fraudulent practices involving consumers' ...
In the 220 years since Alessandro Volta invented the first "electric pile," the predecessor of the modern battery, batteries have played an important, albeit second-fiddle role, in the energy landscape. Often thought of as the energy source that starts your car, ...
NEW YORK - U.S. Treasury Secretary Steven Mnuchin said Republicans and Democrats have agreed to include another round of direct payments to American households in a potential coronavirus relief package. Mnuchin told FOX Business' Lou Dobbs in an ...
(Bloomberg) -- The coronavirus pandemic has cost New York City its Aa1 credit rating, the second highest awarded by Moody's Investors Service. The city's general obligation bond rating was cut one notch to Aa2 from Aa1, according to a release from the ...
Movie theaters across the state will be allowed to open next week, and AMC and Emagine are wasting no time getting viewers in seats while implementing new health measures in response to COVID-19. Emagine Theatres' Michigan locations will open at 3 ...
CLEVELAND, Ohio (WOIO) - Heinen's grocery store announced in a Thursday statement that its downtown location is opening Wednesday, Oct. 7 after months of closure. The grocery retailer closed its doors after the building was damaged during May 25 riots.
A University of Minnesota computer algorithm is so accurate at identifying COVID-19 infections, just by examining chest X-rays, that it is being made available to 450 health systems worldwide. U researchers aren't sure what the algorithm detects in X-rays that ...
A new Maryland law took effect Thursday banning the use of foam containers commonly used by restaurants for takeout purposes, even as the industry struggles during the coronavirus pandemic. The ban on polystyrene – the official name for the type of ...
One of the greatest honors a restaurant can hold is earning a Michelin star, and Burger King thinks it deserve one. Burger King in Belgium has launched an advertising campaign and petition in hopes of earning a Michelin star. The chain thinks its Master ...
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