Business / Finance
2 Penn State frats were main suppliers in ‘upper level trafficking’ cocaine ring, authorities say
Over a dozen former and current Penn State University students face charges of felony corrupt organizations, conspiracy and other offenses.
Bitcoin miners’ AI pivot pays off, but mining could revive with one twist
Miners with AI and high-performance computing contracts have commanded higher valuations as declining bitcoin prices and hashprice squeeze pure-play operators.
Global bond yields surge as debt fears test bitcoin’s hedge narrative
Long-term borrowing costs are reaching multi-decade highs as U.S. debt approaches $40 trillion and AI hyperscalers accelerate bond issuance.
Japan's Metaplanet launching U.S. bitcoin treasury company through $135 million nanocap deal
The deal involves Metaplanet contributing 2,100 bitcoin and $2.5 million in cash, valuing the initial investment at $134.6 million.
‘A feudal relationship’: Stonegate Pub Partners under scrutiny after complaints of tenant mistreatment
UK’s largest pub company with the lowest satisfaction rating accused of entrapping landlords into financial loss situations“We’re pleased to welcome Stonegate Pub Partners as a sp…
‘Even its loos are on the outside’: hi-tech, inside-out marvel the Lloyd’s building is partying with the public
It has been likened to a monster, an oil rig – and the Parthenon. Now, for its 40th birthday, the astonishing London landmark has joined the Open House festival, to grant admirers…
Bitcoin Wallet Untouched for 15 Years Suddenly Springs to Life
The address received 8.54 BTC in June 2011 when the coin traded around $14 and stayed silent for 15 years before moving roughly $538,000 in a single transaction.
HashKey taps Hong Kong's first regulated stablecoin to settle insurance and trade deals
Following institutional trials, the HKD-pegged asset is being put to work to capture part of Hong Kong's $49 billion trade corridor with the United Arab Emirates
Ikea to take on eBay and Vinted with UK online secondhand site
Platform set to launch later this year will enable loyalty card members to sell preloved Billy bookcases and Poäng chairsBusiness live – latest updatesIkea is taking on eBay, Face…
Toyota Finance opens tokenized bonds to retail investors via mobile payment app
Retail investors can apply to buy the 1 billion yen bond without a securities account and receive perks through Toyota’s payment app.
Home Depot rides America’s housing affordability problem to sales increase on home DIY projects
Revenue climbed to $47.86 billion and U.S. comparable sales rose 1.3%, but big-ticket renovations fell as high borrowing costs persist
UK risks running out of gas by 2030s, ministers told
Government assessment warns of supply shock that could leave homes and businesses without gas within a decadeGreat Britain risks running out of gas in the 2030s despite its growin…
Labour urges Gambling Commission to investigate firms linked to Reform UK donors
Bridget Phillipson writes to watchdog asking it to look into claims Tether.bet and Fispay operated without a licenceThe Gambling Commission has been urged to investigate claims th…
Data center gas plants to boost U.S. power emissions by 20%
Ninety-nine proposed gas plants to power AI data centers could lift emissions by up to a third, with Amazon and Microsoft among the developers
Citi plans to launch bitcoin custody for institutional clients later this year
The Wall Street bank plans to let clients hold bitcoin alongside traditional assets through its new Custody+ platform.
Biden’s favor to Trump on cheaper drug prices includes a largely forgotten law to make Medicare more powerful
Trump touts "most favored nation" deals and TrumpRx for the 3.1% annual price drop.
Crypto’s easy-money era is ending in a wave of failures
Inflated valuations and weak business models are driving crypto’s shakeout, Global Settlement Network CEO Ryan Kirkley says.
One guinea pig helped her son heal. Now she has to feed 400 every day, running America’s biggest Guinea Pig Sanctuary
“If I don’t get up, they don’t eat and they can die," said Kimie Smothermon. "If I could figure out how to get out of this ... I probably would."
The gift of a garden: How Facebook’s Buy Nothing helped a teacher reinvent herself as an urban flower farmer for free
"Within five minutes, my phone started pinging like crazy,” she said. Within a week, she had received 40 offers of free places to grow flowers.
‘The negotiations are very intense and delicate’: Carney, Trump hold crunch talks to avoid midnight 50% tariff deadline
The threat is 50% tariffs on $20 billion of Canadian goods; the real target is leverage before North America’s trade pact is remade.
Meet OpenAI’s ChatGPT for Teens, which doesn’t talk about sex or suicide and gives you homework help instead
OpenAI doesn't verify users' ages, but it already uses age assurance to estimate if someone is under 18 based on factors such as their types of queries.
ABC sues Trump’s media regulator over demand for TV license renewals
Network alleges FCC demand for early license renewal is retaliation for content the administration disapproves ofAfter being forced to apply early to renew its license to broadcas…
The Buss family wants an ‘exit gracefully.’ Jeanie Buss says no
A planned sale of the family’s 17.8% stake to Bob Iger and Josh Kushner would take Jeanie Buss below the NBA’s 15% governor threshold.
Can Deinfluencing Help You Spend Less?
Your social media feed wants you to buy things. Deinfluencers want you to know you don’t need them.