Business - /contrib/business/

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Sears to close 46 more stores nationwide by November...
Submitted to Category: /contrib/business/, /contrib/sears
Sears will close another 46 Sears and Kmart stores this fall, after having already closed more than 100 locations this year.
By Anonymous Submission on 2018-08-23 15:26 UTC
Yellen wins unanimous U.S. Senate panel vote despite Republican tax, debt concerns...
The U.S. Senate Finance Committee on Friday unanimously approved Janet Yellen's nomination. In written answers to senators’ questions, Yellen said she would study raising tax rates for “pass-through” small businesses including sole proprietorships, imposing a new minimum corporate tax and raising
By Anonymous Submission on 2021-01-23 07:07 UTC
GameStop stock halts trading after Reddit drama...
Submitted to Category: /contrib/business/
Here's how r/wallstreetbets triggered a circuit breaker by sending GameStop's stock up 69 percent. Short sellers are feeling the squeeze.
By Anonymous Submission on 2021-01-23 06:44 UTC
This tax proposal in the U.S. makes investing less attractive...
Janet Yellen, Biden's nominee for Treasury Secretary, reportedly said she would consider taxing unrealized capital gains to boost government revenues. The possibility of taxing investors on those yet-to-be realized gains was raised by Sen. Ron Wyden, D-Oregon, who will likely become chairman of the
By Anonymous Submission on 2021-01-21 23:26 UTC
Janet Yellen: Crypto Can 'Improve' Financial System...
Janet Yellen said she thinks "we need to look closely at how to encourage" legal crypto use cases, but illicit use should be curtailed.
By Anonymous Submission on 2021-01-21 22:21 UTC
Bitcoin falls more than 10 percent on fears of US crackdown...
The price of bitcoin plunged more than 10 percent on Thursday amid fears of a US regulatory crackdown on the controversial cryptocurrency. Janet Yellen, President Biden's pick to head the Tre...
By Anonymous Submission on 2021-01-21 16:57 UTC
Ex-Ripple Board Member Tapped to Lead Biden’s OCC: WSJ - CoinDesk...
Former Ripple board member and Treasury official Michael Barr may be the next Comptroller of the Currency, succeeding Brian Brooks.
By Anonymous Submission on 2021-01-21 07:41 UTC
Janet Yellen Reveals Plans for Bitcoin — Sees Cryptocurrencies Used Mainly for Illicit Financing...
Submitted to Category: /contrib/business/, /contrib/economy
Janet Yellen, Joe Biden's pick for the Treasury Secretary, has revealed her policy for cryptocurrencies, including bitcoin. She claims that cryptocurrencies are mainly used for illicit financing and their use needs to be curtailed. Janet Yellen Reveal
By Anonymous Submission on 2021-01-20 22:08 UTC
Treasury Secretary nominee Janet Yellen calls for "big" action at Senate confirmation hearing...
Submitted to Category: /contrib/business/, /contrib/economy
Incoming Senate Finance Committee Chairman Ron Wyden said he hopes the full Senate can vote on Yellen's confirmation on Thursday.
By Anonymous Submission on 2021-01-20 22:07 UTC
Steve Forbes Says Bitcoin's Fixed Supply Limits Its Ability to 'Meet the Needs of a Growing Economy'...
American publisher Steve Forbes has attacked bitcoin's fixed supply saying this feature actually curbs the ability of the crypto to "meet the needs of a growing economy." He also argues that bitcoin cannot replace the dollar because it is pres
By Anonymous Submission on 2021-01-18 05:15 UTC
OCC greenlights national banks to run nodes and stablecoin networks...
The latest from the Treasury's most crypto-forward office says that national banks don't have to fear stablecoin nodes.
By Anonymous Submission on 2021-01-05 07:41 UTC
OCC Says Banks Can Issue Payments Using Stablecoins...
Banks can act as nodes on a blockchain or conduct payments using stablecoins, the Office of the Comptroller of the Currency said Monday.
By Anonymous Submission on 2021-01-05 07:40 UTC
NYSE says starting process to delist 3 China telco companies...
Submitted to Category: /contrib/business/
The New York Stock Exchange is starting the process of delisting securities of three Chinese telecom companies, China Telecom Corporation Limited , China Mobile Limited and China Unicom (Hong Kong) Limited , it said in a statement https://ir.theice.com/pr
By Anonymous Submission on 2021-01-01 07:10 UTC
McConnell Faces Stimulus Dilemma As Democrats -- And Many Republicans, Side With Trump Over $2,000 Checks...
Submitted to Category: /contrib/business/, /contrib/economy
McConnell Faces Stimulus Dilemma As Democrats -- And Many Republicans, Side With Trump Over $2,000 Checks Senate Republicans are facing an optics nightmare after 44 House Republicans joined 231 Democrats on Monday to pass a bill which would increase stimu
By Anonymous Submission on 2020-12-29 16:58 UTC
The SEC shows some mercy to broker-dealers handling security tokens...
In a Christmas present for the crypto industry, broker-dealers who abide by existing rules while holding security tokens in custody will not face enforcement action for the next five years.
By Anonymous Submission on 2020-12-24 06:20 UTC
Guggenheim CIO Says Bitcoin 'Should Be Worth' $400,000...
Minerd based his analysis on bitcoin's scarcity and relative value to gold.
By Anonymous Submission on 2020-12-17 08:18 UTC
Star Trek Tricorders? New Tech Puts Spectrometers Into Smartphones...
Submitted to Category: /contrib/business/
Ever wish you could just point a device at an object, take a reading, and get details on what it is and what it's made of at a molecular level?
By Anonymous Submission on 2020-12-16 08:29 UTC
MassMutual’s Bitcoin Buy May Presage $600B Institutional Flood: JPMorgan...
JPMorgan analysts said MassMutual's recent $100 million bitcoin purchases are a sign of growing mainstream acceptance for the cryptocurrency.
By Anonymous Submission on 2020-12-15 22:23 UTC
Why a Massive 169-Year-Old Insurance Company Just Bought $100M in Bitcoin...
MassMutual becomes the latest announced institutional buyer of bitcoin, and this one could be even more significant in terms of precedent.
By Anonymous Submission on 2020-12-11 21:32 UTC
MicroStrategy Offering to Fund More Bitcoin Buys Boosted to $650M After Notes Buyer Bought $100M More...
MicroStrategy's debt raise resulted in an estimated $639 million for bitcoin purchases.
By Anonymous Submission on 2020-12-11 21:19 UTC
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