Friday, June 24, 2022

Economy

Coinbase stock surges- valuing crypto exchange at $100 billion

Coinbase’s market value rocketed to nearly $100 billion as the cryptocurrency exchange’s stock price soared in its landmark trading debut this week. Coinbase went public through a direct listing, meaning it sold existing shares rather than issuing...

BioBiz: Johnson & Johnson COVID-19 Vaccine stopped; Repertoire gets $189M infusion; Agenus presents clinical data; Solo-Dex launches and more

Both the FDA and Centers for Disease Control have decided to stop administering Johnson & Johnson’s Covid-19 vaccine after reviewing data involving six reported cases of a rare and severe type of blood clot in individuals in...

JPMorgan Chase CEO Jamie Dimon: US economy is poised to come roaring back

In his annual letter to shareholders, JPMorgan Chase CEO Jamie Dimon says the US economy is poised to come roaring back from the coronavirus crisis over the next two years. According to Dimon, hefty government...

Tech giant, LG will stop making smartphones

Electronics giant LG plans posted a statement today that it stop making smartphones after struggling for years to compete in a market where it was once a leading player. The South Korean conglomerate will...

NY is Latest State to Legalize Cannabis

Governor Andrew Cuomo took a break at the end of March from his long-running pandemic victory lap and from denying he has sexually harassed anyone just long enough to sign a bill that legalizes cannabis for recreational...

CEO CORNER: Steven C. Eror, CEO, Solo-Dex Inc.

In this week’s BNT CEO Corner, we talk to Steven C. Eror, the CEO of Solo-Dex, Inc, a Montana-based medical device/anesthesia company. Eror is a C-executive experienced professional in biopharma, drug delivery, IT and MedTech startups and...

719,000 new jobless claims jump up this week

Despite the encouraging downward moves, US Department of Labor data shows massive numbers of Americans continuing to rely on jobless benefits — including the federal programs that last month’s stimulus package extended. The number of Americans seeking...

Green & Transformative Tech Startup FuelGems Raises $900K

GreenTech startup FuelGems announced the completion of a successful funding round that raised a total of $928,690. The fundraising was carried out through Wefunder, with primary investment from Austin-based venture capital fund and startup accelerator Sputnik ATX.

Ban on Cryptocurrency Could Spell Disaster for the Indian Economy

India is reportedly moving forward with a sweeping ban on cryptocurrencies. According to media reports, the country’s legislature will introduce a bill that criminalizes trading, mining, issuing, transferring, or possessing cryptocurrency. The bill is likely to pass if...

Dolphin Entertainment, Hall of Fame Resort & Entertainment and others soar after announcing “NFT” related news

If you've never heard of them, just know that stocks involved in NFTs are the rage with Wall Street Traders.
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Latest News

Billionaire Elon Musk: Recession is “Inevitable”

Elon Musk, Tesla CEO and billionaire says a recession is "inevitable" in the long term and one is...
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One-Hundred-And-Fifty New Yorkers Overcome Homelessness and Secure Full-Time Employment

A New York City-based non-profit recently honored a crop of homeless individuals who are now celebrating a new lease on life.

BioBiz: Experimental rectal cancer immunotherapy successful in small study;

A paper in the New England Journal of Medicine describes how an early trial for a drug to treat rectal cancer at...

New Podcast Takes Aim at the Subject of UFOs with a Mystery Guest from the Military Intelligence Community

Faith Reason and Geekdom covers the wide world of news and social topics from a different perspective and appeals to those who are generally...

Bit Origin Limited Intends to Invest in an Operator of a Cryptocurrency Mining Site in Macon, Georgia

Bit Origin Limited, an emerging publicly traded (ticker BTOG), growth company engaged in crypto mining business with diversified expansion strategies, announced that...