The U.S House of Representatives passed the bill, H.R. 1996, to give state-authorized marijuana business easier access to banking services. The bill, the SAFE Banking Act, would prohibit regulators from…
IBM shares surged up to 4% in extended trading on Monday after reporting a revenue of $17.73 billion in Q1 2021, according to the company’s press release. The revenue was…
TIME has partnered with Crypto.com to allow cryptocurrency as a form of payment for digital subscriptions. Subscribers who choose to pay with cryptocurrency will receive unlimited access to content across…
S&P Global Inc. and some investors are distancing themselves from the marine ports operator controlled by Indian’s Adani Group, according to The Wall Street Journal. The move follows past business…
JPMorgan Chase & Co. is backing Europe’s Super Soccer League with a 4 billion-euro or $4.8 billion bet, according to Bloomberg. The U.S bank will underwrite an initial 3.5 billion…
British finance minister Rishi Sunak has called the Bank of England to look into a case of ‘Britcoin’ or central bank-backed digital currency, according to Reuters. The digital currency aims…
Coca-Cola net revenues rose 5% to $9.0 billion in the first quarter of 2021, according to the company’s press release. Revenue was driven by 5% growth in concentrate sales, while…
Some members of Coinbase crypto exchange sold its securities for $3.6 billion, the first day of direct listing on Nasdaq, according to SEC fillings. CEO Brian Armstrong sold almost 750,000…
Orocobre Ltd agreed to acquire rival Australian miner Galaxy Resources Ltd, creating a $3 billion miner, according to The Wall Street Journal. The all-stock deal creates the fifth-largest global lithium…
Citigroup Inc. is seeking to establish a new investment banking and trading operations in China, according to Bloomberg. The bank plans to submit an application for a securities license and…
China’s largest property developer Evergrande New Energy Vehicle Group’s entry into electric cars has caught investor’s imaginations. According to Yahoo! Finance, the company, now with a market value of $87…
China has called bitcoin as “an investment alternative,” a remarkable shift after a crackdown on issuance and trading, according to CNBC. Industry insiders have called the comments “progressive” and are…