The Russian prime minister declared that the cryptocurrency holdings of Russians are worth billions of dollars but the government is yet to adopt a regulatory framework for the industry. Russians collectively hold more than 10 trillion rubles...
Tasked with driving the adoption of open banking products with merchants, Matt Komorowski has been appointed as Volt's new chief revenue officer (CRO) Real-time payments provider, Volt, has announced the hire of Matt Komorowski, who previously led PayPal’s...
The number of total active drilling rigs in the United States rose by 16 this week. The total rig count increased to 689 this week—257 rigs higher than the rig count this time in 2021. ...
WarnerMedia and Discovery have completed their merger. Warner Bros. Discovery, as the new entity is called, will eventually combine HBO Max and Discovery+ into a single streaming service. The blend of entertainment and reality programming could help Warner Bros. Discovery better...
Walmart is putting out a “help wanted” call for new truck drivers, and the company is willing to shell out big bucks. The big-box retailer announced it was giving drivers pay increases to “ensure Walmart remains one of the best companies in the world to drive for.” “These latest investments mean...
AUSTIN, Texas -- Tesla will build a vehicle dedicated for use as a robotaxi, and it will start making three new vehicles next year, CEO Elon Musk told fans at a party celebrating the opening of a Texas factory. Musk didn't give details of the robotaxi other than to say...
LONDON (Reuters) - The macro-economic picture is deteriorating fast and could push the U.S. economy into recession as the Federal Reserve tightens its monetary policy to tame surging inflation, BofA strategists warned in a weekly research note. "'Inflation shock' worsening, 'rates shock' just beginning, 'recession shock' coming", BofA chief investment...
While it seems as if many investors are looking for stocks with blockchain exposure these days, they may want to place their bets on the wider S&P 500 instead. It’s the latest bad news for investors coming out of the “crypto winter.” Analysts for Goldman Sachs said over the weekend...
HP’s stock just had its best day in more than two years, and Warren Buffett’s Berkshire Hathaway is almost $650 million richer because of it. Berkshire revealed ownership of 121 million HP shares, in a filing with...
Walmart is raising its starting salaries for truck drivers in its private fleet. Previously, the average starting annual salary for these truckers was about $87,500. The company is increasing that number to between $95,000 and $110,000.
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