Coinbase filed a petition for rulemaking with the SEC in 2017 requesting clarification on the conditions under which a digital asset is a security and the creation of a new market structure framework that is compatible with cryptocurrencies. Coinbase Global Inc filed a petition on Monday to compel the U.S. Securities and Exchange Commission to … Read more
Since perhaps the inception of the voluntary carbon market, the answer has been inextricably tied to the measurement of your carbon footprint. How many carbon credits must you purchase? Working backwards from the desired outcome — a habitable planet within 1.5 degrees Celsius — a company can calculate its greenhouse gas emissions in terms of … Read more
The adoption of AI capabilities by businesses has more than quadrupled since 2017, according to the findings of a survey on the ‘State of AI’ released in 2022. Companies with the highest financial returns and the greatest competitive advantage are those that have made significant investments in AI and employed advanced practices known to facilitate … Read more
Bed Bath & Beyond Inc. filed for Chapter 11 bankruptcy in New Jersey with the intent to cease operations, placing tens of thousands of jobs at risk. According to a statement, the US housewares retailer will use the court system to begin liquidating its 360 Bed Bath & Beyond stores and 120 Buy Buy Baby … Read more
Sunday evening, Dow Jones futures, S&P 500 futures, and Nasdaq futures all declined marginally. The stock market rally experienced another week of sideways action, as the Dow Jones, S&P 500, and Nasdaq composite all drifted lower in continued close trading. Investors anticipate earnings reports from Microsoft (MSFT), Amazon.com (AMZN), Meta Platforms (META), and Alphabet, the … Read more
Ramesh “Sunny” Balwani, the ex-boyfriend of Theranos founder Elizabeth Holmes and former chief operating officer of the failed startup Theranos, has reported to prison, according to his counsel. Jeffrey Coopersmith, Balwani’s attorney, said on Thursday, “Mr. Balwani turned himself in… without incident” “We will continue to fight for him because we do not believe that … Read more
According to a new IMF report, China and India will dominate global GDP growth, followed by the US. China will provide 22.6 percent of global GDP growth, India 12.9 percent, and the US 11.3 percent, according to IMF figures and Bloomberg calculations. China will contribute roughly twice as much to global growth as the US … Read more
Year-to-date export volumes at Port Houston have reached 349,964 TEU. This is the highest monthly volume for laden exports in its history, with a 26 percent increase in the first quarter of this year compared to the same period last year and a 10 percent increase compared to March 2022. Imports of empty containers increased … Read more
CapStar Financial Holdings (NASDAQ: CSTR) is scheduled to release its quarterly earnings report on April 20, 2023. Despite higher revenues, analysts forecast that the company will report earnings per share (EPS) of $0.40, indicating a decline in earnings year-over-year. The market will closely monitor the results to determine how they compare to expectations and how … Read more
Hackers released thousands of CommScope employees’ bank account and Social Security numbers. The Vice Society ransomware gang’s dark web leak site mentioned the North Carolina-based network infrastructure provider, which serves hospitals, schools, and federal institutions. The listing links to company data stolen. When cash ransom demands fail, ransomware criminals disclose stolen data. TechCrunch examined internal … Read more