Company Boosts Reserves with $748M Stock Sale, Pauses Bitcoin
📋 Key Facts ✓ The company sold about 4.5 million common shares last week. ✓ The stock sale raised $748 million. ✓ ...
Dec 22CoinTelegrapheconomicsImpact
📋 Key Facts ✓ The company sold about 4.5 million common shares last week. ✓ The stock sale raised $748 million. ✓ ...
Fashionphile's New York City flagship features 15,000 items ready to be resold — including hundreds of Hermès Birkins, which consistently pull a high ROI. Courtesy of Fashionphile Resale has tak...
The fascination with cryptocurrencies shows no sign of fading. With the passage of the Guiding and Establishing National Innovation for US Stablecoins (Genius) Act in July, US lawmakers added to the s...
A $400,000 lobster shipment was stolen en route to Costco stores in Illinois and Minnesota. LAUREN OWENS LAMBERT/REUTERS A $400,000 lobster shipment was stolen en route to Costco stores in Illinois an...
Getty Images; Alyssa Powell/BI The must-read story in the $5 trillion hedge fund industry used to be about who made the biggest trade or launched the biggest fund. Now it's about who made the biggest ...
Jamba Juice's former CEO said middle management is important for maintaining company culture. Smith Collection/Gado/Getty Images Jamba Juice's former CEO, James D. White, said he's all for middle mana...
📋 Key Facts ✓ YouTuber MegaLag accused Honey of stealing money from influencers via last-click attribution. ✓ Honey allegedly targeted ...
An image of the T1 phone from Trump Mobile TrumpMobile.com The Trump phone was announced in June and originally set to be released in August. Now, the company's customer service says the phone won't b...
Garry Tan is a top seed investor. Courtesy Y Combinator founders seized the AI boom in 2025, with increasingly younger teams securing millions in seed funding. Founders launched companies ranging from...
Composite picture of Elon Musk (left) and Jeff Bezos (right) Joel Saget/AFP and Kevin Winter The 10 richest people are worth more than Amazon after a nearly $600 billion wealth gain in 2025. The AI bo...
Getty Images; Rebecca Zisser/BI The 2025 frozen job market could thaw by the time 2026 is over. Job-market experts like Claudia Sahm don't think the low-hire, low-fire state is sustainable. Hiring exp...
Jeff Bezos has reportedly purchased a waterfront mansion in Indian Creek, an artificial barrier island in Miami. Karwai Tang/WireImage via Getty Images; Jeffrey Greenberg/Universal Images Group via Ge...
The time it takes to save for a home down payment fell to about seven years in 2025. TrongNguyen/Getty Images The time to save for a typical home down payment has dropped to seven years in 2025. While...
Veteran trader Peter Brandt has warned winners from silver's rally to be careful. Jonathan Raa/NurPhoto via Getty Images Market veteran Peter Brandt has urged those who've profited from silver's rally...
Macy's plans to close stores over several years. kena betancur / AFP via Getty Images Nearly 300 US retail stores, including Macy's and Kroger locations, are set to close by the end of 2026. Major cha...
Jensen Huang, Jeff Bezos, and Mary Barra all started far from the top. Getty Images Many of the world's most powerful business leaders began their careers in more humble ways. From Jensen Huang workin...
Lincoln County, Kansas is paying remote workers $4,500 cash to move to there. d3sign / Getty Images Some companies are keeping remote work policies even as other firms call people back to the office. ...
📋 Key Facts ✓ Every weekday, the Investing Club releases the Homestretch. ✓ The Homestretch is an actionable afternoon update. ...
Tiffany Chng and Olivia Yiong, the founders of Cheak, started off as work besties in a previous corporate job. Aditi Bharade Tiffany Chng and Olivia Yiong were work besties at GuavaPass, a company bou...
Investors trading commodities, such as oil, have been in high demand. Jeri Clausing/AP Hedge funds that trade commodities struggled in 2025. Big-name managers with exposure to energy or agriculture tr...