(FT) Binance CEO Changpeng Zhao is in talks with sovereign wealth funds to allow them to take a stake in the crypto exchange to offset adverse regulatory moves. Zhao believes…
(NAR) Sales of existing homes in the US increased by 0.8% in October from September to an annual rate of 6.34 million. The sales were still down 5.8% from 2020.…
(FT) Jerome Powell is expected to serve a second term as the Federal Reserve chair after president Joe Biden’s nomination. Powell’s biggest rival for the Fed top job Lael Brainard…
(Coindesk) Morgan Stanley has singled Facebook as the stock to benefit the most from the metaverse endeavors, which the bank says is an $8 trillion market in the US. Morgan…
(Seeking Alpha) Shares of Astra Space rose more than 35% on Monday, boosted by the first commercial orbital launch at the Kodiak Spaceport on Friday last week. Astra’s payload hit…
(FT) More than 2 million machines have been moved out of China by fourteen of the largest crypto mining companies, fueling activities across the US, Kazakhstan, Russia, and Canada. Following…
(Niu) Niu Technologies posted revenue of RMB 1.23 billion in the third quarter of 2021, a jump of 37.1% from the prior year. Niu’s sales were boosted by e-scooter, whose…
(FT) KKR has initiated a more than 33 billion euros buyout premium deal to take Telecom Italia private. The deal, at 0.505 euros a share, represents about a 45% premium…
(Reuters) New Energy Vehicle Group Ltd., Evergrande’s electric vehicle unit, fell up to 3.1% before recovering on Monday in Hong Kong after news it was planning a share placement to…
(Bitstamp) Europe’s largest crypto exchange is prepared to welcome $ADA on the platform beginning November 23. Bitstamp says that on November 23, it will open deposits and withdrawals on $ADA…
(Moderna) US Food and Drug Administration has extended the emergency use authorization of Moderna’s booster vaccine shot against Covid-19. The booster dose will be used on all individuals 18 years…
(FT) President Joe Biden’s $1.75 trillion ‘Build Back Better’ bill is set to be passed by the House on Friday, ending months of infighting. The bill was expected to be…