(Marijuana Moment) US president Joe Biden is expecting to nominate Robert Califf as a new commissioner to the Food and Drug Administration. Califf participated in a research summit on Cannabis…
(NewYorkFed) The index of general business conditions in New York State was 30.9 in November, an improvement of 11 points from the previous month. 43% of firms reported improved conditions,…
(MarketsInsider) KKR & Co Inc. and Global Infrastructure Partners have teamed up to take US data center operator CyrusOne private in a $15 billion deal. The all-cash deal will be…
(Cointelegraph) Little-known cryptocurrency, StarLink or “STARL,” rose more than 140% in three days after the space company launched 53 satellites into space on Saturday. “STARL” rose 13.70% on November 13,…
(CBOE) Chicago Board Options Exchange has announced that VanEck bitcoin futures ETF will start trading on the exchange on November 16. The ETF will trade under the symbol “XBTF” starting…
(Bloomberg) Royal Dutch Shell Plc. will terminate its dual share structure, creating a single line of shares in a restructuring move the company expects to make it competitive. Upon restructuring,…
(NBS) China’s retail sector grew by 4.9% in October, higher than September’s expansion of 4.4% and better than the forecast increase of 3.5%. Industrial output saw an increase of 3.5%,…
(University of Michigan) The Index of Consumer Sentiment was at 66.8 in early November, down 6.8% from the previous month and the lowest since November 2011. The consumer sentiment is…
(Reuters) Tesla CEO Elon Musk has sold about $687 million worth of the company’s stock, days after selling another $5 billion. The share sale was made on November 11 through…
(Coupang) Coupang Inc. registered total revenues of $4.6 billion in the third quarter of 2021, a jump of 48% from the prior year. The company’s advertising revenue almost tripled from…
(CNBC) Shares of Chinese electric maker Xpeng rose more than 10% in Hong Kong on Friday after the company teased a new sports utility vehicle. The utility vehicle, set to…
(FT) Conglomerate Toshiba Corporation is planning to split the company into three entities and shelving calls to take the whole company private. Upon split, one division will hold the company’s…