Jamie Dimon For President? Billionaire Bill Ackman Wants JPMorgan CEO To Face Off Against Biden.

ToplineBill Ackman—the billionaire CEO of Pershing Square Capital Management hedge fund—posted a lengthy tweet Wednesday afternoon urging JPMorgan Chase CEO Jamie Dimon to run for president as a Democrat in 2024, after the longtime bank executive declined to rule out a…

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Amazon Hit With $5.8 Million Fine Over Claims Ring Doorbell Spied On Customers

ToplineAmazon smart doorbell subsidiary Ring will pay a $5.8 million fine to the Federal Trade Commission for privacy violations involving compromised customer data given to third parties, settling a lawsuit from the federal agency. Key Facts The lawsuit alleged that Ring…

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NFT collections take massive price hit in 2023: Nifty Newsletter, May 24–30

Newsletter Join us on social networksnonfungible token (NFT) collections and top metaverse properties taking massive price hits in 2023. Check out how the Hong Kong Police Force launched its own metaverse platform, and how Reddit’s digital collectibles have managed to onboard…

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Web3 gaming gets competitive: QORPO Game Studio joins Cointelegraph Accelerator

Announcement Join us on social networksWeb3 gaming world saw consistent growth and exciting developments in the first quarter of 2023, according to a DappRadar report. Traditional Web2 gaming companies started to notice blockchain technology’s potential, resulting in a total of $739…

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Feds Sue Ex-Billionaire W.Va. Governor’s Family Mining Companies For Unpaid Safety Fines

ToplineThe Justice Department on Wednesday sued the son of West Virginia Gov. Jim Justice (R) and several of the family’s coal mining businesses for more than $7.6 million in unpaid penalties and fees for health and safety violations, a hit to…

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Activision Blizzard CEO Brushes Off Company’s Harassment Issues—Argues There Is No ‘Systemic’ Problem

ToplineActivision Blizzard CEO Bobby Kotick minimized toxic workforce claims that have surrounded his company in prior years in an interview with Variety published Wednesday—in his most outspoken comments about the issues to date—claiming his company did not ever have a “systemic…

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USDC Issuer Circle Has Ditched All U.S. Treasuries From $24B Reserve Fund Amid Debt Ceiling Showdown

Stablecoin issuer Circle Internet Financial has ditched all U.S. Treasury bonds from its USD Coin (USDC) backing reserves as part of precautionary measures to protect from a potential fallout from the looming U.S. debt ceiling showdown. The Circle Reserve Fund, managed…

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Boston University President Blasts ‘Abusive’ Students For Shouting Down Warner Bros. Head Zaslav

ToplineBoston University President Robert Brown argued Wednesday that students implemented “cancel culture” and were “appallingly coarse and deliberately abusive” when they heckled Warner Bros. Discovery CEO David Zaslav during a commencement address earlier this month—where students chanted “pay your writers” during…

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Burgundy Wine Powerhouse, Albert Bichot, Goes 100% Organic And Reduces Bottle Weight

In 1831, when Albert Bichot family winery was established in Burgundy, they farmed all of their vineyards organically. In fact, the majority of vineyards in France were farmed naturally in the 1800’s, because it wasn’t until the 1940’s, after WWII, that…

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Crypto Bridging Protocol Multichain ‘Unable to Contact’ CEO Zhaojun

Multichain, one of largest bridging protocols in the crypto ecosystem, said Wednesday it was suspending cross-chain routes and revealed that its CEO Zhaojun could not be contacted. “In the past two days, the Multichain protocol has experienced multiple issues due to…

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Wally Backman, Who Managed Las Vegas 51s Four Seasons, Says A’s Franchise Would Thrive In Desert

Wally Backman remembers many nights driving back home from Cashman Field after managing a Las Vegas 51s game, the desert heat still sweltering even after the sun went down over the Pacific. “The thermometer would still read 101-degrees,” said Backman, the…

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Former House Rep blames industry outsiders for associating crypto with bank’s failure

News Join us on social networkssaid he had “no mea culpas” regarding the failure of Signature, claiming that the bank’s dealings with crypto were “safe and sound” prior to regulators stepping in. The former U.S. lawmaker suggested the bank acted as…

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Bitcoin played second fiddle as KAVA, XRP, TRX, RPL and RNDR led the crypto market in May

Market Analysis Join us on social networksBTC) dropping 7.37% — its worst performance since November 2022 — and Ether (ETH) losing 0.22% in May. The average loss across the market stands at 5.62% on the last day before the monthly close. However,…

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Ron And Casey DeSantis Debut Stump Speech In Iowa—Here’s What They’re Pitching

ToplineFlorida Gov. Ron DeSantis (R) and wife Casey boosted his record leading Florida during the pandemic in their debut appearances on the campaign trail in Iowa—where DeSantis leaned into his war on “woke” culture, attacking “identity politics” and the “pronoun sweepstakes,”…

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How Merriman’s Waimea Became Hawaii’s Most Sustainable Restaurant

Merriman’s Waimea, Hawaii’s first carbon neutral restaurant, is thinking out-of-the-box when it comes to sustainability. Led by chef owner Peter Merriman, the restaurant has engaged in green practices since its inception, and is now introducing even more sustainability processes to continue…

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Watch Yield Curve For When Stocks Begin To Price Recession Risk

  • Post category:Finance

Authored by Simon White, Bloomberg macro strategist,US large-cap indices are currently diverging from recessionary leading economic data. However, a decisive steepening in the yield curve leaves growth stocks and therefore the overall index facing lower prices.Leading economic data has been signalling a…

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Los Angeles Chargers Find Common Ground With Austin Ekeler As He No Longer Looks To Move On – For Now

The chatter, and picture, on social media was too rich for Los Angeles Chargers fans: Current Chargers running back Austin Ekeler training with former Chargers running back Melvin Gordon in Las Vegas. Ekeler, of course, was recently granted a fresh incentive-based…

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One Of The Best PlayStation 5 Games Is Finally Coming To PC — Release Date, Trailer And More

I’ve always been a big fan of Insomniac’s colorful Ratchet & Clank games. Fun platforming, a massive arsenal of creative guns and great characters exploring an exciting universe of danger, adventure and silly humor. What more could you want? Well, up…

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U.S. Sen. Elizabeth Warren Calls for Shutdown of Crypto Funding for Fentanyl

U.S. Sen. Elizabeth Warren (D-Mass.) cited the rampant use of cryptocurrency in the Chinese fentanyl trade during a Wednesday Senate hearing, arguing for legislation to help break that pipeline. The prominent member of the Senate Banking Committee referred to data from…

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Coinbase CEO Drops Bombshell Prediction – Is China Set To Dominate Crypto?

  • Post category:Newsdesk

Coinbase CEO Brian Armstrong has warned that the US risks ceding its global financial leadership and innovation hub status if it fails to recognize the transformative potential of blockchain technology and cryptocurrency.  In a recent interview with Market Watch, Armstrong urged…

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