Thursday, January 20th, 2022

Category: News

What investors should know about the bitcoin Taproot upgrade

Taproot, a highly anticipated upgrade to bitcoin, is expected to go into effect in the coming days at block 709,632 — some sources say it’ll go live as soon as Saturday. This is bitcoin’s...

Backblaze IPO takes opposite approach to Rivian, going public small

Gleb Budman, co-founder and CEO of Backblaze, center, appears in New York for the company’s Nasdaq debut on Nov. 11, 2021. Source: Backblaze Electric-vehicle maker Rivian Automotive, which has almost no revenue, dominated the...

Inflation remains the hot topic in week ahead as Walmart and other key retailers report

Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., October 13, 2021. Brendan McDermid | Reuters Consumers are in the spotlight in the week ahead, with...

Trump ally Steve Bannon indicted for contempt of Congress over Jan. 6 probe subpoena

Former White House chief strategist Steve Bannon exits the Manhattan Federal Court, following his arraignment hearing for conspiracy to commit wire fraud and conspiracy to commit money laundering, in the Manhattan borough of New...

Tesla stock had its worst week in 20 months after Musk sold shares

SpaceX owner and Tesla CEO Elon Musk gestures during a conversation at the E3 gaming convention in Los Angeles, June 13, 2019. Mike Blake | Reuters Shares of Tesla declined 15.4% for the week...

China criticizes U.S. democracy while promoting Xi’s growing power

Books by and about Chinese President Xi Jinping fill a display at the Museum of the Communist Party of China in Beijing on November 11, 2021. Noel Celis | AFP | Getty Images BEIJING...

Elon Musk sells another $687 million in Tesla stock

Maja Hitij | Getty Images News | Getty Images Tesla CEO Elon Musk’s trust sold 639,737 shares in the electric vehicle company on Thursday totaling about $687 million, according to regulatory filings made public...

Biden-Xi virtual summit set for Monday evening as China tensions rise

Chinese President Xi Jinping shakes hands with U.S. Vice President Joe Biden (L) inside the Great Hall of the People in Beijing December 4, 2013. Lintao Zhang | Reuters WASHINGTON — President Joe Biden...

Belarus threatens to choke off EU gas supply over border dispute

Belarusian President Alexander Lukashenko attends a meeting with his Russian counterpart Vladimir Putin at the Kremlin in Moscow, Russia September 9, 2021. Mikhail Voskresensky | Kremlin Sputnik | via Reuters Belarus has threatened to...

‘Too risky’ to not use battery and hydrogen tech: Daimler Truck CEO

An eActros is unveiled at the Mercedes-Benz truck plant of Daimler Truck AG on Ocotber 7, 2021. Uli Deck | picture alliance | Getty Images The Daimler Truck CEO has spoken of the challenges...