Author: Anthony M. Orbison
The two astronauts stuck at the International Space Station since June welcomed their new ride home with Sunday’s arrival of a SpaceX capsule. SpaceX launched the rescue mission on Saturday with a downsized crew of two astronauts and two empty seats reserved for Butch Wilmore and Suni Williams, who will return next year. The Dragon capsule docked in darkness as the two craft soared 265 miles (426 kilometers) above Botswana. NASA switched Wilmore and Williams to SpaceX following concerns over the safety of their Boeing Starliner capsule. It was the first Starliner test flight with a crew, and NASA decided the thruster failures and helium leaks that…
(Corrects paragraph 7 to say outlook has been revised three times, not four) (Reuters) -Healthcare-focused Glenview Capital Management has established a large position in CVS Health (NYSE:) and will meet top executives at the struggling healthcare company on Monday to propose ways it can improve its operations, The Wall Street Journal reported on Sunday. The hedge fund’s founder Larry Robbins plans for the potential start of an activist stance as CVS amounts to about $700 million of his $2.5 billion hedge fund, the report added citing a person familiar with the matter. Glenview’s position is a sign of Robbins’s belief…
The US Securities and Exchange Commission (SEC) has delayed its decision to allow options trading for BlackRock and Bitwise’s spot Ethereum (ETH) exchange-traded funds (ETFs) until mid-November, according to Sept. 24 filings.The new deadlines for BlackRock and Bitwise are Nov. 10 and Nov. 11, respectively. The SEC stated it needed more time to consider the proposal and extended the initial 45-day review period that would have ended on Sept. 26 for BlackRock since Nasdaq filed for the rule change for the iShares Ethereum Trust ETF on July 22.The same reasoning was applied to Bitwise’s ETHW, which had its decision date…
The stock market crashed last month on recession fears but has since soared to fresh record highs as the Federal Reserve began cutting rates and China unveiled stimulus measures.To Mark Spitznagel, cofounder and chief investment officer of the hedge fund Universa Investments, events are unfolding as he predicted.The hedge fund veteran previously said markets would rally as the Fed eases in a Goldilocks phase, but has also warned a recession is coming and that rate cuts are also the opening signal for big reversals down the line.In the current environment, that means in the biggest market bubble in history will…
He came, he saw, he wore funky glasses..Meta Platforms (META) CEO Mark Zuckerberg is said to be fascinated with the Roman Empire.Related: Analyst revisits Meta stock price target as Facebook parent ramps AI spendHe spent his honeymoon in Rome, and two of his children, August and Aurelia, are named after emperors Augustus and Marcus Aurelius, Reuters reported. Zuckerberg kept that Roman vibe going during the annual Meta Connect 2024 event in Menlo Park, Calif., by wearing a custom T-shirt with the Latin phrase “aut Zuck aut nihil,” or “all Zuck or all nothing.”The phrase was a play on “aut Caesar aut…
Este artículo también está disponible en español. Arthur Hayes, co-founder and former CEO of the cryptocurrency trading platform BitMEX, has recently made headlines with significant investments in the memecoin sector, particularly through his notable purchase of Pepe (PEPE). Hayes’ optimism towards memecoins, expressed in a recent social media post on X (formerly Twitter), has coincided with a significant surge in PEPE’s value, reflecting a broader resurgence in interest within the crypto market. PEPE Price Soars Following Hayes’ Investment On-chain analytics platform Lookonchain revealed that Hayes invested $250,000 in PEPE by purchasing approximately 24.39 billion tokens on Binance on Friday. This…
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.UK chancellor Rachel Reeves is aiming to attend a meeting of EU finance ministers before the end of the year, as Labour seeks to widen co-operation with the bloc in a range of areas including economic policy. The arrangements are still under discussion, according to people familiar with the matter, but officials see the anticipated meeting as a sign of the UK’s improving relations with the EU, as the two sides attempt to reboot their relationship since Labour took office. A meeting of EU…
WASHINGTON (Reuters) – A port strike on the U.S. East Coast and Gulf of Mexico will go ahead starting on Tuesday, the International Longshoremen’s Association union said on Sunday, signaling action which could cause delays and snarl supply chains. “United States Maritime Alliance … refuses to address a half-century of wage subjugation,” the union said in a statement. The United States Maritime Alliance, known as USMX, represents employers of the East and Gulf Coast longshore industry. If union members walk off the job at ports stretching from Maine to Texas, it would be the first coast-wide ILA strike since 1977.…
Sep 18, 2024 07:35 UTC | Updated: Sep 18, 2024 at 07:35 UTC By Clark A leading crypto analyst has drawn a bold comparison between ETFSwap (ETFS) and Shiba Inu (SHIB), suggesting that buying ETFS at its current price of $0.03846 could offer the same massive growth potential as investing in Shiba Inu (SHIB) did back in 2020. With such a promising outlook, many investors are paying close attention to this emerging opportunity. Why ETFSwap (ETFS) Might Surpass Shiba Inu’s 2020 Surge At its current price of $0.03846, ETFSwap (ETFS) is leading the profitable wave of tokens that have the potential to transform…
Federal Trade Commission Chair Lina Khan’s aggressive antitrust stance during the Biden administration has made her a lightning rod in Corporate America and among top Democratic Party donors. Now with the presidential campaign in its final weeks, the election’s outcome and the potential impact on the economy are top of mind. In a wide-ranging interview with the New York Times that was published on Saturday, Khan looked back on her tenure and was asked about what could happen if Kamala Harris wins the election. Regarding the race for the White House, Khan was pressed on whether she worries her work…