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Investing
Grayscale Bitcoin Trust Looks Cheap, but Isn’t Without Risk
Grayscale Bitcoin Trust
(ticker: GBTC), the world’s largest Bitcoin fund at about $16.3 billion under management, won a major court victory this week, increasing…
Taiwan billionaire Terry Gou resigns as Foxconn board member amid bid for presidency
Billionaire businessman Terry Gou has resigned from the board of directors of Foxconn, the world’s largest electronics manufacturer, days…
Disney-Spectrum feud heats up as ESPN goes dark for college football and U.S. Open. Could the NFL be next?
ESPN channels went dark for millions of people on Thursday night during a busy time for sports fans. Cable subscribers to Charter Spectrum were unable to…
Hurricane Idalia’s price tag could reach $20 billion, according to Moody’s Analytics
Hurricane Idalia caused billions of dollars in damage, but the price tag won’t be nearly as high as other major hurricanes, Moody’s Analytics…
Top men’s tennis players to be guaranteed up to $300,000 a year in income in 2024
The top tennis players in the world are currently competing at the US Open in New York and hoping to win some glory — and a big paycheck. If some of these…
The US economy continued to add jobs at a robust pace last month
The US labor market continues to live its Goldilocks story with healthy job growth but at a far cooler pace than the blockbuster job gains of…
Media stocks melt down as Spectrum feuds with Disney and ESPN: ‘We’re on the edge of a precipice’
The summer of media-industry disruptions continues with a carriage dispute between Walt Disney Co. and Charter Communications Inc., which runs the Spectrum…
Maui wildfires: ‘If you want to help, keep your trip,’ Hawaii tourism official says
The Hawaii Tourism Authority announced Friday it approved more than $2 million to help rebuild Hawaii’s struggling tourism industry.…
Taylor Swift’s ‘Eras Tour’ movie is already setting records for AMC
Swifties have to wait until next month to catch the filmed version of Taylor Swift’s Eras Tour in theaters, but AMC Entertainment Holdings Inc. is already…
SAG-AFTRA requests approval to strike against video game companies
SAG-AFTRA’s National Board is unanimously seeking permission from union members to strike against a number of video game makers ahead of…