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Dollar wallows as traders reassess taper timing; cryptocurrencies tumble TOKYO (Reuters) -The dollar was hemmed into a narrow trading range near multi-week lows against its major peers on Friday, as traders contemplate the next moves by major central banks ahead of a U.S. Federal Reserve meeting next week. FILE PHOTO: ...
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CDC, FDA lift pause on using J&J's coronavirus vaccine, add safety warning (CNN) The US Centers for Disease Control and Prevention and Food and Drug Administration lifted their recommended pause on use of Johnson & Johnson's coronavirus vaccine Friday and said the label will be updated to warn of blood clot risks.
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JPMorgan's Pinto Breaks Silence on Super League, Talks SPACs Daniel Pinto had one of the best seats in the house for the short-lived Super League. At the start of the week, JPMorgan Chase & Co.'s co-president saw his firm bankrolling the breakaway soccer project, which soon inflamed the passions of fans worldwide.
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Pembina pauses development of Oregon Jordan Cove LNG plant In the filing, on Thursday, Pembina said it was assessing "the impact of recent regulatory decisions involving denial of permits or authorizations necessary for the project to move forward." The company asked the U.S. ...
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Asia stocks mixed after Wall St falls on Biden tax report BEIJING — Asian stock markets were mixed Friday after Wall Street fell following a report that President Joe Biden will propose raising taxes on the wealthiest investors. Shanghai, Hong Kong and Seoul rose while Tokyo and Sydney retreated. Support our ...
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Largest Bitcoin Fund Dives to Record Discount Amid Crypto Swoon It keeps getting worse for holders of the Grayscale Bitcoin Trust, which is now trading at a record discount to the value of the digital assets it holds. The $35 billion fund (ticker GBTC) has lost roughly a fifth of its value since last Friday while Bitcoin tumbled from ...
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Xi's Next Target in Tech Crackdown Is China's Vast Reams of Data As President Xi Jinping targets China's massive tech giants, the big question now is how he'll get them to share key data as part of a sweeping plan to transform the world's second-biggest economy. Until recently, China's megafirms like Jack Ma's Alibaba ...
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$100 million NJ deli company was delisted for 'irregularities' — related firm E-Waste is under scrutiny, too The $100 million company that owns a New Jersey deli was delisted from an over-the-counter market platform because of public disclosure "irregularities." OTC Markets Group executives told CNBC that they are now examining the filings of a second firm ...
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3 Cathie Wood Stocks That Warren Buffett Would Love Wood, on the other hand, has made a name for herself quite recently, as her ARK Invest exchange-traded funds (ETFs), including the flagship ARK Innovation ETF (NYSEMKT:ARKK), crushed the market last year, with ARK Innovation jumping 149%.
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GW Pharmaceuticals Stockholders Approve Acquisition by Jazz Pharmaceuticals The company's main drug is Epidiolex, a treatment for rare forms of childhood-onset epilepsy, and it has been a success -- its sales rose by 72% in 2020 (it won FDA approval in 2018). The company also has a pipeline of other cannabis-based products in ...
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