Sopa Images | Lightrocket | Getty Images Now that bitcoin ETFs are trading across U.S. public markets, many large money managers that have been effectively locked out of crypto finally have a way to access the primary digital currency. For the $30 trillion advised wealth management industry, the floodgates could be about to open. Analysts
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An American lawyer who fought a years-long battle in the 1970s to prevent John Lennon from being deported from the US has died aged 90. Leon Wildes, whose health had been declining since he suffered a series of strokes, died on Monday at Lenox Hill Hospital in Manhattan, his family said. His name became part
Foreign Secretary Lord Cameron has said he cannot remember receiving a detailed briefing about the Horizon scandal while he was prime minister – but says he is sorry for an “appalling miscarriage of justice”. The apology by the former Tory leader and MP comes amid continuing fallout from the Post Office debacle that led to
Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Friday’s key moments. 1. U.S. stocks were lower Friday as markets digested fourth-quarter earnings results and a fresh batch of economic data. The producer price index , a gauge of wholesale prices, declined
Caterpillar turned the heads of CES attendees with a monstrous, all-electric underground mining loader – but the real game-changer wasn’t the big mining rig, or even the electric excavator. Instead, it was Cat’s cutting-edge energy management systems to keep electric equipment charged up and ready to work. “We are thrilled to return to CES to
Vue International, Europe’s largest independent cinema operator, is finalising a fresh debt restructuring after the Hollywood actors’ strike halted the release of a string of blockbuster movies. Sky News has learnt that UK-based Vue, its shareholders and lenders are in the process of organising the company’s second debt-for-equity swap in 18 months in a bid
Jamal Collier, ESPNJan 12, 2024, 10:16 PM ET Open Extended Reactions CHICAGO — The Chicago Bulls celebrated their inaugural class for the organization’s new Ring of Honor during halftime of Friday night’s game against the Golden State Warriors. The first class included 13 men and the entire 1995-96 team, which went 72-10 and won the
The Post Office could be facing a £100m bill and insolvency after claiming tax relief for its compensation payments to sub-postmasters, a tax expert has claimed. Dan Neidle, the head of non-profit organisation Tax Policy Associates, said the Post Office claimed £934m tax relief for its compensation payments, and suggested it could be “unlawful”. The
The US has launched a new strike against a Houthi target in Yemen. A statement from US Central Command said: “This strike was conducted by the USS Carney using Tomahawk Land Attack Missiles and was a follow-on action on a specific military target associated with strikes taken on 12 January designed to degrade the Houthi’s
Ministers are “failing to act” on the lessons from the Post Office scandal by refusing to change laws around public contracts, union leaders have said. The TUC said the Procurement Act, passed last October, was a “huge missed opportunity” to tighten up rules governing the awarding of taxpayer-funded contracts to private companies. The legislation was
What lies 1,000 metres beneath the North Sea could help the climate of the atmosphere above. And I’m on my way down to see it. The rattly lift drops at 10 metres per second, the speed of a sprinter, ruffling the air and flapping my shorts as it plunges down. Yes shorts. I wear a
In this article AAPL MSFT Follow your favorite stocksCREATE FREE ACCOUNT Apple CEO Tim Cook, left, and Microsoft CEO Satya Nadella. Reuters Microsoft ended Friday’s U.S. trading session as the most valuable publicly traded company, surpassing Apple after briefly topping the iPhone maker during intraday trading Thursday. Shares of Microsoft climbed more than 3% for
In this article TSLA Follow your favorite stocksCREATE FREE ACCOUNT An employee of the Tesla Gigafactory Berlin Brandenburg works on a production line of a Model Y electric vehicle. Patrick Pleul | Picture Alliance | Getty Images Shares of Tesla dipped as much as 3% Friday morning as the stock faced pressure from supply chain
Sir Tony Blair was warned the Horizon IT system could be flawed before it was rolled out across the Post Office, a document shows. A letter sent to the then-Labour prime minister on 9 December 1998 by a Downing Street special adviser said pressing ahead with the project was a risk because of spiralling costs
The language being used by Biden administration is interesting. “Iran is a primary – if not the primary – enabler or supporter, sponsor of the Houthis and Iran has been involved operationally in the conduct of these attacks,” a Biden administration official said. They don’t talk about Iran directing the attacks against shipping or US
An Egyptian man sits and eats ice cream as he watches international cargo and tanker ships pass through the Suez canal Scott Nelson | Getty Images Several of the world’s major tanker companies on Friday halted traffic toward the Red Sea after U.S. and British airstrikes on Iran-allied Houthi militants in Yemen. Hafnia, Torm andStena
Heavy-duty electric bus maker Proterra Transit just rose from the ashes because Phoenix Motor (Nasdaq: PEV) officially acquired it from bankrupt Proterra Inc. Earlier this week, Phoenix Motor received approval from the US bankruptcy court to close the deal and announced its finalization today. This means that Proterra Transit’s heavy-duty electric transit buses will now be added to Phoenix’s
Getty Images Bitcoin slid on Friday to end what should have been a momentous week for the cryptocurrency, with the launch of 11 bitcoin ETFs in the U.S. after a years long battle for institutional acceptance of the asset. The price of bitcoin dropped nearly 6% to $44,022.22, according to Coin Metrics, pulling most of
Mike Reiss, ESPN Staff WriterJan 12, 2024, 08:36 AM ET Close Mike Reiss is an NFL reporter at ESPN and covers the New England Patriots. Reiss has covered the Patriots since 1997 and joined ESPN in 2009. In 2019, he was named Massachusetts Sportswriter of the Year by the National Sports Media Association. You can
Chesnot | Getty Images Cryptocurrency bulls say bitcoin could surge to more than $100,000 this year after the U.S. Securities and Exchange Commission made a pivotal step to approve the first-ever U.S. spot bitcoin exchange-traded fund. Several crypto investors CNBC spoke with said they see the world’s top cryptocurrency rising in 2024, as the effects