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Business August 28, 2020

Peter Jubber, Fidelity’s head of strategy files Form D for new bitcoin fund

On Wednesday, Aug. 26, Peter Jubber, Fidelity’s head of strategy, filed a Form D with the U.S. Securities and Exchange Commission (SEC). The filing created the Wise Origin Bitcoin Index…

By – Jackie Allen
Latest news
Business August 28, 2020
Instacart faces lawsuit over its alleged deceptive optional service fee

Maplebear, Inc doing business as Instcart, a grocery delivery service company, is facing a lawsuit for allegedly deceiving…

By Marivic Cabural Summers
Business August 27, 2020
BorgWarner to pay $950K to settle SEC charges over its misstated financial statement

BorgWarner Inc. (NYSE: BWA) agreed to pay a penalty of $950,000 to settle the charges filed by the…

By Marivic Cabural Summers
Business August 27, 2020
Shake-up at the Dow: Exxon, Raytheon, Pfizer replaced

Exxon Mobile, along with the pharmaceutical company Pfizer, and defense contractor Raytheon Technologies were removed from the Dow…

By Jackie Allen
Business August 27, 2020
Gary Cohn, ex-Trump adviser joins $600 million blank-check company IPO

Cohn Robbins Holdings (CRH), a new blank check company just formed by Gary Cohn and veteran investor Clifton Robbins,…

By Jackie Allen
Business August 26, 2020
Palantir files for IPO; CEO Alex Karp slams Silicon Valley engineering elite

Palantir Technologies, a developer of software platforms for large institutions and commercial enterprises, submitted its registration for an…

By Marivic Cabural Summers
Business August 26, 2020
Thousands flee, Hurricane Laura upgraded to category 4 storm

20 million people live in the anticipated path of Hurricane Laura, which has been upgraded to category 4.…

By Jackie Allen
Business August 26, 2020
GM battles unions over recent hiring of salaried employees

General Motors (GM) has clashed with the United Auto Workers union in a dispute over the company’s hiring…

By Colby McCoy
Business August 26, 2020
Elon Musk schedules live demonstration of Neuralink brain technology

On Sunday, SpaceX and Tesla CEO Elon Must issued a press release and invitation to a live demonstration…

By Jackie Allen
Business August 26, 2020
American Airlines planning to cut 19,000 jobs by Oct. 1

American Airlines has announced plans to cut 19,000 workers by Oct. 1 to cope with falling demand as…

By Colby McCoy
Business August 26, 2020
Japanese startup ispace raises $28 million for “Blueprint Moon” initiative

Ispace, the Tokyo-based space exploration startup, announced last week that it raised $28 million in its Series B…

By Jackie Allen

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