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16 Wall Street firms fined $1.8 billion for transacting through personal apps

Sep 28, 2022 21:27 pm UTC| Law Economy Business Investing

US regulators fined 16 financial firms a combined $1.8 billion for letting their staff discuss deals and trades on their personal devices and apps. The firms include Barclays, Bank of America, Citigroup, Credit Suisse,...

Digital Currency Revolution

Cryptocurrency: Interpol red notice issued for Do Kwon’s arrest as Terraform Labs founder continues to deny he is hiding

Sep 28, 2022 08:15 am UTC| Business Digital Currency Investing

Interpol, or the International Criminal Police Organization, has informed law enforcement agencies worldwide to locate and arrest Terraform Labs founder Do Kwon, who is believed to be hiding somewhere. Interpols red...

Digital Currency Revolution

NFT: Melania Trump releases new NFTs, 'American Christmas' ornaments for charity

Sep 23, 2022 10:04 am UTC| Business Digital Currency Investing

Melania Trump is offering new non-fungible tokens (NFT) again, and the former first lady of the United States is sending part of the proceeds to the foster care community to fund the childrens education via...

Digital Currency Revolution

NFT: Funko, Warner Bros partner for DC Comics' NFT release

Sep 22, 2022 09:00 am UTC| Business Digital Currency Investing

Funko and Warner Brothers have inked a deal to release digital collectibles featuring DC Comics. The leading pop culture lifestyle brand headquartered in Everett, Washington and Warner Bros. Consumer Products (WBCP) are...

Digital Currency Revolution

NFT: PGA TOUR teams up with Tom Brady’s Autograph to create an NFT platform

Sep 21, 2022 08:42 am UTC| Business Digital Currency Investing

PGA TOUR and Autograph signed a multi-year partnership deal to launch a non-fungible token (NFT) platform to let fans own remarkable moments in the history of golf. To put it simply, this collaboration gives new meaning to...

Volkswagen eyes €70-75 billion valuation in Porsche IPO

Sep 19, 2022 21:45 pm UTC| Business Economy Investing

Volkswagen is targeting a valuation of up to 75 billion euros for luxury sportscar maker Porsche, in what could possibly be Germanys second-largest IPO in history and Europes third-largest. The German carmaker will...

S. Korean carmakers' global market share dips to 7.7% in Q1

Sep 19, 2022 21:39 pm UTC| Business Economy Investing

South Korean carmakers sold 2.1 million units in eight major markets in the first half, down 9.9 percent from 2.33 million units in the same period last year, to dip its global market share to 7.7 percent. Their market...

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Economy

South Korean Won Leads Asian FX Losses as Dollar Rises

The South Korean won led declines across Asian currencies on Monday as the U.S. dollar strengthened, while the Japanese yen retreated after giving up some of its intervention-driven gains. The U.S. Dollar Index rose 0.18%...

Oil Prices Rise as Hormuz Reopening Remains Uncertain

Oil prices climbed on Monday as uncertainty over the reopening of the Strait of Hormuz continued to support the market, despite Iran and Oman moving closer to an agreement on new shipping routes through the strategic...

Gold Prices Hold Near Seven-Week High as Markets Await U.S. Inflation Data

Gold prices remained largely steady on Monday, hovering near a seven-week high as investors assessed Middle East geopolitical risks and looked ahead to key U.S. inflation data that could influence the Federal Reserves...

Asian Stocks Rise as Weak US Jobs Data Eases Fed Rate Hike Bets

Asian stocks mostly advanced on Monday, following record highs on Wall Street as weaker-than-expected U.S. employment data reduced expectations for a Federal Reserve interest rate hike in September. Japan and South Korea...

Asian Stocks Rise as Weak US Jobs Data Eases Fed Rate Hike Fears

Asian stock markets moved higher on Monday, following record gains on Wall Street as weaker U.S. employment data reduced expectations for an imminent Federal Reserve interest rate hike. Oil prices also advanced as...

Politics

Houthi Attack on Yemen’s Mocha Port Kills Seven, Injures 30

Seven people were killed and 30 others wounded after Houthi forces launched a large-scale drone and missile attack on Yemens Red Sea port city of Mocha, according to the Yemeni military. In a statement issued early Monday,...

Germany Warns of Daily Hybrid Warfare Threats

Germany is facing foreign hybrid warfare operations on a daily basis, Interior Minister Alexander Dobrindt has warned after authorities discovered an explosive-carrying drone at Leipzig/Halle Airport. Dobrindt said hostile...

ICE to Complete Nationwide Body Camera Rollout by End of August

U.S. Immigration and Customs Enforcement (ICE) will equip all officers and agents working in the field with body-worn cameras by the end of August, accelerating a nationwide rollout that was initially expected to take...

Iran-Oman Near Strait of Hormuz Deal as Shipping Tensions Persist

Iran and Oman are nearing an agreement on shipping through the Strait of Hormuz, but Tehran says a bilateral deal alone will not be enough to fully reopen the critical global energy route. Iranian Foreign Minister Abbas...

Joe Biden’s Prostate Cancer Has Spread Further, Hunter Biden Says

Former U.S. President Joe Bidens prostate cancer has spread beyond his bones and is causing significant pain, according to his son, Hunter Biden, who discussed his fathers health in a BBC interview. Speaking to the BBCs...

Science

Blue Origin New Glenn Explosion Could Delay Launch Operations Until 2028

Blue Origin is facing a significant setback after a dramatic explosion involving its New Glenn rocket severely damaged a launch pad at Cape Canaveral, Florida. According to NASA Administrator Jared Isaacman, repairs to the...

Blue Origin New Glenn Rocket Explodes During Launch Pad Test, Delaying Space Ambitions

Blue Origin suffered a major setback after its uncrewed New Glenn rocket exploded during a launch pad test in Florida on Thursday, raising new challenges for Jeff Bezos space company as it competes with Elon Musks SpaceX...

SpaceX Delays Starship V3 Launch Ahead of Potential Record IPO

SpaceX on Thursday postponed the highly anticipated launch of its 12th Starship rocket test from Texas after technical issues interrupted the final countdown. The company now plans to attempt the Starship V3 launch again...

Trump Administration Releases New UFO Files and Apollo Mission Records

The U.S. Defense Department has released dozens of previously classified UFO-related files following an order from President Donald Trump, sparking renewed debate over unidentified anomalous phenomena (UAP) and government...

China vs. NASA: The New Moon Race and What's at Stake by 2030

The space race is back and this time, its a direct competition between the United States and China for dominance on the lunar surface. NASAs Artemis II mission recently made history when four astronauts flew farther into...

Technology

Sony, TSMC Eye $6.3 Billion Japan Chip Venture for Next-Gen Image Sensors

Sony Group and Taiwan Semiconductor Manufacturing Co. (TSMC) are reportedly preparing to invest about 1 trillion yen ($6.32 billion) in a new Japanese semiconductor venture focused on next-generation chips for image...

Nvidia Seen Beating Q2 Targets as Vera Rubin Cycle Begins

Nvidia (NVDA) could enter a multi-quarter growth cycle as shipments of its next-generation Vera Rubin AI chips begin, with BofA Global Research forecasting stronger-than-expected quarterly results and maintaining a bullish...

OpenAI Restricts Astra AI Over Cyberattack Risks

OpenAI has reportedly restricted parts of the development of its next-generation AI model, code-named Astra, after early evaluations indicated the system could potentially carry out sophisticated cyberattacks with limited...

Nvidia to Invest Up to $3 Billion in Blackstone-Backed Lancium

Nvidia is reportedly preparing to invest as much as $3 billion in Lancium, a Blackstone-backed power infrastructure developer involved in the Stargate artificial intelligence infrastructure initiative, as demand for...

Meta Ordered to Pay $567M Over Child Safety Violations in New Mexico

Meta Platforms Inc. has been ordered to pay $567 million into a fund designed to address harm to young people, in a major legal ruling involving child safety on Facebook and Instagram. Judge Bryan Biedscheid of New Mexicos...