On the first day of the 2021 MLB season, the baseball gods decided fans needed an update on the game’s obscure rules. How else can you describe what happened in the third inning of the Colorado Rockies-Los Angeles Dodgers game? Here’s what it looked like initially: With Justin Turner on first base, Cody Bellinger drove a ball deep to the opposite field. Rockies left fielder Raimel Tapia leaped to try and make the catch at the wall, but missed. The ball barely sailed over the fence for a… Source link

(Bloomberg) — The recent pullback in Bitcoin’s volatility is setting the stage for a trend that could encourage institutions to dive in, according to JPMorgan Chase & Co. “These tentative signs of Bitcoin volatility normalization are encouraging,” strategists including Nikolaos Panigirtzoglou wrote in report emailed Thursday. “In our opinion, a potential normalization of Bitcoin volatility from here would likely help to reinvigorate the institutional interest going… Source link

(Reuters) -Coinbase Global Inc, the largest U.S. cryptocurrency exchange, has received approval from the U.S. Securities and Exchange Commission (SEC) to list its shares on the Nasdaq, paving the way for what will be a landmark victory for cryptocurrency advocates. The company, which plans to go public through a so-called direct listing, expects to list its shares on the Nasdaq under the ticker ‘COIN’ on April 14. In a direct listing, no shares are sold in advance, as is the case with an… Source link

Google CEO Sundar Picahi has been at the forefront of the work-from-home movement. (AP Photo/Jeff … [+] Chiu, File) ASSOCIATED PRESS It feels like we’ve gained the upper hand on the pandemic and are nearly ready to jumpstart the economy and return to work. The challenge is that there isn’t one politician brave enough to flick the switch and make it happen.  We need some leadership to make the tough call. Google may be the one, as it’s  admired and emulated by other… Source link

INDIANAPOLIS — For nearly a half-century, Roy Williams has been a fixture in the college basketball space. He helped recruit Michael Jordan to North Carolina, brought Paul Pierce to Kansas, and his return to North Carolina led to three national championships, a Hall of Fame induction and a legacy as one of the great coaches to grace the sideline in this or any generation. In a practical sense, the retirement of Roy Williams from UNC on Thursday shouldn’t come as a shock. He’s 70, has… Source link

(For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window)    * Weekly jobless claims unexpectedly rise    * Micron jumps after upbeat revenue forecast    * Indexes: Dow +0.50%, S&P 500 +0.95%, Nasdaq +1.48% (New throughout, updates prices, market activity and comments to add afternoon trading, new byline)    By Noel Randewich    April 1 (Reuters) – The S&P 500 jumped past the 4,000 mark for the first time on Thursday, riding gains… Source link

The Federal Reserve is continuing its research on the use of a central bank-issued digital currency (CBDC), but key officials are saying not to expect any Fed-issued digital dollars any time soon. “That fundamental question of, ‘what are we trying to do with this’ is not clearly answered,” Fed Governor Randal Quarles said in a webinar on Tuesday. The Fed is working with researchers at the Massachusetts Institute of Technology to build and test a digital dollar in different hypothetical… Source link

Once upon a time, Amazon . com Inc. only sold books, Apple Inc. sold computers, and Google was just a search engine. Those days are long gone, and each of those companies—as well as Microsoft Corp. and Facebook Inc. — has become a tech behemoth. Big Tech’s critics say the industry’s giants wield too much power over the lives of internet users. The companies often argue in response that they face enormous competition, often from each other, and need to… Source link

Bloomberg U.K.’s Giant Battery Factory Developer Looks for a SPAC Deal (Bloomberg) — Britishvolt Ltd., the developer of the first giant battery factory in the U.K., is considering going public.The company has appointed Guggenheim Securities LLC and Barclays Plc as advisers to look into options including listing in the U.S. through a merger with a special purpose acquisition company, or SPAC, Orral Nadjari, founder and chief executive officer of Britishvolt, said in an interview. The deal… Source link

TipRanks 2 “Strong Buy” Stocks Insiders Are Snapping Up One strategy for selecting top stocks is to track insider transactions. After all, if insiders are dipping into their own pockets you can imagine it’s because they believe the stock looks compelling. A Harvard study revealed that insider purchases earn “abnormal” returns of more than 6% per year. The authors of the study conclude that insider buyers “have a good feel for near-term developments within their firm.” The… Source link