Posts From Rachel Long
Since its arrival ten years ago, cryptocurrency has struggled to enter mainstream commerce. This could soon change thanks to a new initiative, announced on Monday, that will reportedly see big name retailers—including Crate and Barrel, Nordstrom, and Amazon-owned Whole Foods—now
U.S. President Donald Trump sued on Monday to block a subpoena issued by the Democratic chairman of the U.S. House Oversight Committee that sought information about his personal and business finances. The suit, the first salvo in what promises to
SHARM EL-SHEIKH, Egypt (Reuters) – Prime Minister Theresa May put off a vote in parliament on her Brexit deal until as late as March 12 – just 17 days before Britain is due to leave the EU – setting up
Apple stock was a Wall Street darling when it peaked at $ 233 a share on October 3, raising its market cap to a world-record $ 1.1 trillion. So it’s no surprise that the iPhone-maker’s 33% drop since then has
The biggest rally in American equities since 2009 flowed powerfully through to Japanese stocks, but momentum faltered thereafter as U.S. stock-index futures tumbled alongside European shares. Treasuries climbed as oil and the dollar gave up some of the previous session’s
(This story corrects typographical error in headline.) By Aftab Ahmed and Sankalp Phartiyal NEW DELHI/MUMBAI (Reuters) – India will ban e-commerce companies such as Amazon.com (AMZN.O) and Walmart (WMT.N)-owned Flipkart Group from selling products from companies in which they have
Martial law expires in Ukraine
KIEV (Reuters) – Martial law, imposed on Nov. 25 in some Ukrainian areas after Russia captured three Ukrainian ships, expired on Wednesday, President Petro Poroshenko told the country’s security council. Poroshenko said earlier this month he did not plan to
SHANGHAI (Reuters) – China expressed confidence on Wednesday that it can reach a trade deal with the United States, a sentiment echoed by U.S. President Donald Trump a day after he warned of more tariffs if the two sides could
Ernst & Young announced Monday that Mark Weinberger will step down as CEO and global chairman of the Big Four accounting firm next July. Weinberger has led Ernst & Young since 2013, the same year it rebranded itself under the
Bitcoin has lost most of its value this year
ON DECEMBER 17TH 2017 the price of bitcoin on CoinMarketCap, a cryptocurrency exchange, neared $ 20,000. True believers hoped that was just the beginning. One analyst at a Danish investment bank predicted bitcoin could be worth $ 100,000 by