Business

Representation of the virtual currency Bitcoin is seen on a motherboard in this picture illustration taken April 24, 2020. Dado Ruvic | Reuters Bitcoin crossed a record high of $60,000 on Saturday morning, continuing its rally as major companies and financial institutions adopt cryptocurrencies. Bitcoin, the world’s biggest cryptocurrency, was at $60,415.34 as of 7:25
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When Richard Jardine decided to start the digital time capsule company, Skypod, his purpose was clear. He wanted to ensure that anyone around the world could share messages, pictures, and videos with loved ones well into the future. As with any technology company, the hours were long and the challenge was significant. However, Jardine’s passion
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An employee hands a customer their order at the drive-thru window of a Wendy’s restaurant in Peoria, Illinois. Daniel Acker | Bloomberg | Getty Images As the U.S. approached another peak of the pandemic last fall, a truck driver at a top supplier for major national restaurant chains, including Panera Bread, Wendy’s and Arby’s, began
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The Nasdaq rebound may last shorter than a New York minute. Wharton School finance professor Jeremy Siegel sees near-term trouble, saying the backdrop is dramatically supporting the reopening trade over Big Tech and growth plays. “I’ve been extremely bullish here for nine months,” he told CNBC’s “Trading Nation” on Tuesday. ”This stock market still has a
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Avatar Source: Walt Disney Studios It seems “Avatar” will be heading back to Chinese theaters this weekend, according to a report from The Hollywood Reporter. Originally part of the rereleases preapproved by China’s Film Bureau in 2020, the 2009 sci-fi epic remained in Disney’s vault during the ongoing pandemic. While China has been able to
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Economist Stephen Roach said Monday he believes Wall Street is overestimating a consumer comeback. According to the Yale University senior fellow, demand will snap back like a rubber band later this year as the V-shaped recovery loses momentum. “With vaccines rushing out together with a lot of stimulus, you can just sense this instant gratification of
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