Check out the companies making headlines before the bell: Albertsons (ACI) – Albertsons lost 4.1% in the premarket after announcing a merger deal with supermarket rival Kroger (KR). Albertsons surged 11.5% Thursday after sources told CNBC the two sides were in talks to combine. Kroger shares slipped 3%. JPMorgan Chase (JPM) – JPMorgan Chase shares added
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The United States Financial Accounting Standards Board (FASB)’s decision to allow companies to use “fair value” to account for their crypto holdings could be seen as another step toward the wider institutional adoption of cryptocurrency. During a meeting on Oct. 12, the FASB board made the decision to require entities to measure crypto assets at
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Liz Truss, UK prime minister, is preparing to rip up the government’s “mini” Budget in a desperate attempt to rebuild market confidence and save her embryonic premiership. Kwasi Kwarteng, the chancellor, is expected to return from IMF meetings in Washington on Saturday, with government insiders saying he will have to scrap measures in his £43bn
Maryland Heights, Missouri, forwarded the funds needed to cover a delinquent debt service payment for revenue bonds issued for its community ice arena, but not before triggering a two-notch downgrade that sent its certificates of participation to junk. The Centene Community Ice Center, which serves as the practice facility for the National Hockey League’s
Bankruptcy Judge Laura Taylor Swain approved the Plan of Adjustment for the Puerto Rico Highway and Transportation Authority, reducing its debts by 80% and saving it more than $3 billion in debt service payments. Swain approved the HTA debt plan on Tuesday in the U.S. District Court for the District of Puerto Rico. Swain overruled any prior
Binance permanently destroyed $547 million worth of BNB in its 21st quarterly burning event, but the markets remain steady. 3251 Total views 31 Total shares Listen to article 0:00 News Crypto exchange platform Binance has concluded its 21st quarterly BNB (BNB)burn, eliminating around $547 million worth of BNB tokens from its supply. In an announcement,
No one came to help Abi Insley once again. The 10-year-old needs a nurse by her side throughout the day, especially when shes in school. But for the third time in a week last month, her nurse had to call out sick.
The average American consumer might not think much of their access to financial services. But for consumers that are underbanked or unbanked, the very high costs of relying on alternative financial solutions, such as payday loans, check cashing services, money orders, and pawnshop loans can be astronomical and create a vicious cycle of financial pain
Y Combinator announced more than 20 companies from its summer 2022 batch will be launching on Wefunder, a crowdfunding platform connecting startups with investors online. Wefunder is a platform whereby smaller, unaccredited investors are able to invest in startup companies and for as little as $100, investors can buy into any one of those from
HSBC Holdings plcHSBC is considering selling its business in Canada without disclosing the potential valuation of the business. It has tappedJP Morgan Chase & CoJPM to handle a potential sale. As per the lawyers and analysts, the potential sale could discourage big domestic banks from bidding as the government has charged the antitrust regulator to
Surely it’s going to go on sale, right? — Pixel Watch review: Beautiful, fast, and way too expensive It could be better, but it might be good enough for a wearables-starved ecosystem. Ron Amadeo – Oct 12, 2022 5:00 pm UTC Enlarge / The Pixel Watch. It’s a perfect, round little pebble. Ron Amadeo reader
Few things are more quintessentially, uniquely American than Minor League Baseball. Played out in small and not-so-small cities from Portland, Me. to San Bernardino by teams both affiliated and unaffiliated with Major League Baseball, the summer game on the minor league level proves an affordable, entertaining night out. As a bonus, it’s a coalescing force
One of the core development teams behind the Ethereum Merge, Prysmatic Labs, has been acquired by Offchain Labs, the developer of the Ethereum layer-2 network Arbitrum. Announced in an Oct. 13 blog post by Offchain Labs, the deal’s financial terms were not disclosed, but it was noted Prysmatic Labs chose to join Offchain Labs “for
Ripple CEO Brad Garlinghouse says he thinks “we’ll have an answer in the first half of next year” in the U.S. Securities and Exchange Commission (SEC) lawsuit over xrp. Maintaining that xrp is not a security, the executive stressed that the case “is about the whole industry” and “Everyone acknowledges how important this is.” Ripple’s
In this article DCT DWAC Follow your favorite stocksCREATE FREE ACCOUNT The social media app will be developed by Trump Media and Technology Group (TMTG). Rafael Henrique | LightRocket | Getty Images Check out the companies making headlines in after-hours trading. Digital World — The company aiming to take public Truth Social, Donald Trump’s media
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Municipals were firmer in secondary trading Wednesday as the largest deal of the week, a $700 million offering from the New Jersey Turnpike Authority, took focus in the primary. U.S. Treasuries made gains and equities ended mixed after the Federal Open Market Committee minutes signaled continued tightening. “The Fed Minutes showed tightening will continue even