What the President Said President Joe Biden’s executive order regarding cryptocurrencies had been highly anticipated prior to the release of details yesterday. Some analysts have expressed concern the U.S. will fall behind the broader market […]
Drop-in Travel Causes Crisis for Airport Stores The sharp drop in air travel during the pandemic has battered airport stores and restaurants. Last year, global revenue for airports contracted by more than half. For years, […]
Economic Data The U.S. job openings for February was released April 6. Job openings in the U.S. were 6.9 million in January. Analysts expect that number to increase slightly to 7.0 million for the latest […]
IonQ Will Merge With dMY Technology Group Quantum computing startup IonQ is making plans to go public by merging with blank-check company dMY Technology Group (DMYI). The deal values the combined entity at about $2 […]
Paying for the Plan The Biden administration introduced a $2 trillion infrastructure package. The spending plan, which will rebuild roads and tunnels, improve schools, and upgrade the electric grid, is the President’s second major initiative […]
Yum Brands (YUM), which owns restaurant chains including KFC, Pizza Hut, and Taco Bell, is acquiring an Israeli startup called Tictuk. With Tictuk’s technology, customers will be able to place orders at Yum-owned restaurants through […]
Amazon (AMZN) has been quietly launching a brick-and-mortar grocery store chain over the past year. The first Amazon Fresh location opened in Los Angeles in September. As of last week, 11 Amazon Fresh stores are […]
Elon Musk announced earlier this week that US customers can now purchase Tesla (TSLA) vehicles using bitcoin. International customers will be able to buy Teslas with the cryptocurrency later in 2021, Musk said. Last month, […]