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. ✓ ...
📋 Key Facts ✓ JPMorgan Chase is considering spot bitcoin trading and derivatives for institutional clients. ✓ Discussions are prelimina...
📋 Key Facts ✓ Bourbon maker Jim Beam halts production at its main distillery for a year ✓ US distillers face uncertainty after Presiden...
📋 Key Facts ✓ 60% of Five Below's products are sourced from China, impacted by tariffs. ✓ Company stock rose 85% year-to-date as of...
📋 Key Facts ✓ Diameter Capital Partners manages approximately $25 billion in assets. ✓ The firm invested in unsecured debt of a midsize...
📋 Key Facts ✓ Argentina’s libertarian leader Javier Milei seeks tax and labour overhaul after midterm victory ✓ Milei’s ‘chainsaw’ mini...
Nvidia founder and CEO Jensen Huang is the face of the company supplying chips to many of the companies in the AI arms race. Woohae Cho/Getty Images If you've heard about AI, you're probably familiar ...
Lou Gerstner, the former CEO of IBM, has died at 83. James Leynse/Corbis via Getty Images Lou Gerstner, who led IBM's turnaround in the 1990s, has died, the company told staff. He kept IBM intact and ...
Goldman Sachs CEO David Solomon attended the company's holiday market. Goldman Sachs It can be difficult for those working Wall Street hours to carve out time for gifting. Some rely on concierge servi...
Thailand is one of the countries with an expected tourist tax increase in 2026. Planet One Images/Universal Images Group via Getty Images Several destinations plan to raise or introduce tourism taxes ...
📋 Key Facts ✓ iRobot, Luminar, and Rad Power Bikes are very different companies ✓ These companies faced similar challenges ...
FRANCE 24 heads north to the kingdom of Denmark. The Scandinavian country has been in the spotlight this year, holding the rotating presidency of the European Council from July to December and pushing...
From left: Anthony Gutman, David Solomon, Jacqueline Arthur. Courtesy of Goldman Sachs 10 Goldman Sachs leaders shared their go-to book and podcast recommendations. Business Insider asked the CEO and ...
China is taking steps to reshape the direction of its foreign investment, unveiling a revised catalogue of encouraged industries that steers overseas capital towards the advanced and technologically c...
📋 Key Facts ✓ Jim Beam will pause production at Clermont, Kentucky distillery for one year starting 2026. ✓ Exports of US spirits decli...
📋 Key Facts ✓ India and New Zealand have announced a trade pact making the majority of goods trade duty-free. ✓ India aims to become an...
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...
Thousands of student-loan borrowers are waiting for their income-driven repayment applications to be approved. nirat/Getty Images Over 800,000 student-loan borrowers are waiting for their income-drive...
China’s central bank has set the yuan’s daily reference rate at its strongest level in 15 months, as the currency strengthened in offshore trading and briefly broke through the closely watched seven-p...
Hong Kong’s primary residential home sales in 2026 are forecast to again reach decade-high numbers, as developers continue to clear inventory and homebuyers focus more on small, low-cost flats. Transa...