Google Alert - Business

	Business Daily update ⋅ March 9, 2021
	NEWS
	Reuters Rush to bitcoin? Not so fast, say keepers of corporate coffers Reuters LONDON/NEW YORK (Reuters) - When Elon Musk's Tesla became the biggest name to reveal it had added bitcoin to its coffers last month, many pundits were swift to call a corporate rush towards the booming cryptocurrency. FILE PHOTO: A representation of ... Flag as irrelevant
	The New York Times Biden Cancels Visit to Vaccine Maker After Times Report on Its Tactics The New York Times The White House scrapped a trip to a vaccine plant in Baltimore run by Emergent BioSolutions after a New York Times investigation into the company. Flag as irrelevant
	The New York Times Chamath Palihapitiya's 'Super Tough Week' The New York Times One of the most prominent names in SPACs, Chamath Palihapitiya, faced backlash last week after regulatory filings showed that he had sold his entire personal stake in Virgin Galactic, which he took public through a blank-check fund. (He will stay on as ... Flag as irrelevant
	Bloomberg 'Hey, Hey, Money Maker': Inside the $156 Billion SPAC Bubble Bloomberg Whenever greed meets reality and giddy markets collapse, Wall Street pros usually admit that they sensed the end was coming. The warning signs were so familiar, they belatedly confess, that it was difficult to believe anyone could miss them. The chain of ... Flag as irrelevant
	Reuters Brent hops past $70 for first time since pandemic began after Saudi attack Reuters SINGAPORE (Reuters) - Brent crude futures climbed above $70 a barrel on Monday for the first time since the COVID-19 pandemic began, while U.S. crude touched its highest in more than two years, following reports of attacks on Saudi Arabian facilities. Flag as irrelevant
	Bloomberg More Pain on Horizon for Dollar Bears Pummeled by Rising Yields Bloomberg The Bloomberg Dollar Spot Index on Monday touched the highest in more than three months. The move is an offshoot of surging Treasury yields, which are luring dollar buyers betting the Biden administration's $1.9 trillion spending package will fuel economic ... Flag as irrelevant
	PRNewswire Peloton Announces Expansion Into Australia PRNewswire NEW YORK, March 8, 2021 /PRNewswire/ -- Peloton, the leading interactive fitness platform that pioneered connected, technology-enabled fitness, today announced plans to launch in Australia, marking the brand's entry to the Asia Pacific Region. Peloton ... Flag as irrelevant
	The Wall Street Journal Treasury Yields Jump Again on Covid-19 Stimulus, Jobs The Wall Street Journal The rise in yields is also putting pressure on growth stocks, such as technology companies, whose valuations are linked to prevailing discount rates for long-term cashflows. The Nasdaq-100 dipped 1.7% in futures markets Monday morning. Flag as irrelevant
	Bloomberg Top Energy Trader Vitol Says OPEC+ Has Control of Oil Market Bloomberg The Organization of Petroleum Exporting Countries and its allies shocked the market on Thursday when they opted to keep output curbs largely in place, belying expectations that they would pump more crude to meet rising demand. Benchmark Brent futures ... Flag as irrelevant
	Bloomberg Asian Stocks Open Mixed After US Tech Tumble: Markets Wrap Bloomberg The S&P 500 Index shed intraday gains as the retreat in high-valuation stocks offset a rise in financial and materials shares. The Dow Jones Industrial Average hit an all-time high. Flag as irrelevant
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